11 states sue three largest institutional investors for anticompetitive trade practicesThe 16th annual Halifax International Security Forum, with an emphasis on defending democracy through global security, concluded Sunday with a renewed united approach in uncertain political times. Weekend meetings featured an examination of NATO's role in the world, including Canada's contribution. There were also repeated calls for a unified voice and for nations to stand firm in their support of Ukraine. “What we have done here, is basically given everybody a sense of optimism.,” said Peter Van Praag, founding president of the Halifax International Security Forum. “Together we’ve got this. We are going to choose victory, and we are going to work together as a community of democracies, with the brave Ukrainians and push Russia out of Ukraine.” At the three-day event, there was no shortage of anticipation and uncertainty surrounding the second Donald Trump presidency. "Donald Trump is going to do what is best for America,” said Van Praagh. “And in this case, what is best for America is staying in Ukraine and staying in the fight.” Those who attended Halifax International Security Forum appeared unified in their optimism about maintaining the tradition of strategic cooperation among world democracies. CTVNews.ca Top Stories Second Cup closes Montreal franchise over hateful incident Second Cup Café has closed one of its franchise locations in Montreal following allegations of hateful remarks and gestures made by the franchisee in a video that was widely circulated online during a pro-Palestinian protest on Thursday. ‘It’s pretty emotional:’ N.B. family escape fire, plan to rebuild home A family in Riverview, N.B., is making plans for Christmas and the future after escaping a fire in their home on November, 14. 'Still working full time on it:' One year later police continue to search for gunman in Caledon double murder linked to ex-Olympian One year after a couple was shot and killed in their Caledon home in what investigators have described as a case of mistaken identity, Ontario Provincial Police say they are still trying to figure out who pulled the trigger. Scurvy resurgence highlights issues of food insecurity in Canada's rural and remote areas A disease often thought to only affect 18th century sailors is reemerging in Canada. A man called 911 for help during a home invasion. Las Vegas police fatally shot him A Las Vegas man called for police help during a home invasion before an officer fatally shot him, according to authorities and 911 calls. These royal residences are opening their doors this Christmas Not so long ago, if you wanted to spend Christmas with the royal family, the only way to get close was to press your nose up to the TV screen during the monarch’s Christmas speech. Cat caught in hunting snare rescued by BC SPCA Donations are ramping up for a BC SPCA cat with a mangled paw after being caught in a hunting snare, one of a rising number of pets to fall prey to the hunting device. Halifax International Security Forum concludes with ‘sense of optimism’ The 16th annual Halifax International Security Forum, with an emphasis on defending democracy through global security, concluded Sunday with a renewed united approach in uncertain political times. Jannik Sinner leads Italy past the Netherlands for its second consecutive Davis Cup Jannik Sinner clinched Italy’s second consecutive Davis Cup title and capped his breakthrough season by beating Netherlands' Tallon Griekspoor. Vancouver Man charged with murder in East Vancouver woman's death A man has been charged with second-degree murder after a woman was found dead in an East Vancouver home this weekend, and police say the suspect and victim were married. B.C. man awarded $800K in damages after being injured by defective bear banger A B.C. man has been awarded nearly $800,000 in damages as compensation for injuries he sustained from a defective bear banger, according to a recent court decision. Vancouver Police Board member resigns over social media posts A member of the Vancouver Police Board was asked to resign after social media posts surfaced that made her continued service on the oversight body “untenable,” according to the chair. Toronto Walking pneumonia is on the rise in Canada, but what about Ontario? Doctors and emergency rooms across Canada have said they are seeing an unusual rise in walking pneumonia cases, particularly in children, but what about here in Ontario? 'It's an optimistic space:' Inside Toronto's new drug withdrawal centre Joshua Orson sits on the edge of a bed in a bright, clean room, thinking about his journey from addict to health-care worker. Routes to avoid during the 120th Santa Claus Parade on Sunday The 120th Santa Claus Parade is back in Toronto on Sunday and will bring along some road closures. Calgary Festival of Lights kicks off 38th year as snow arrives just in time For a while there, Lions Festival of Lights chair Otto Silzer was worried there wouldn’t be any snow to decorate the light show. Snowfall warning lifted as threat of more flurries fades from Sunday forecast The snowfall warning for Calgary has been lifted after a Saturday snowstorm socked the city, and the sun came out while the city dug its way out of some pretty deep drifts. Revival of Pospisil, power play fuels Flames to 4-3 shootout win over Wild A week ago, the Calgary Flames were winning despite Martin Pospisil's slump and the NHL club's weak power play. Ottawa Police lay more charges against pro-Palestinian demonstrators in Ottawa Three people were arrested during pro-Palestinian demonstrations in Ottawa this weekend. Cargo ship runs aground in St. Lawrence River near Morrisburg, Ont. A large cargo ship remains stuck in the St. Lawrence River after running aground on Saturday afternoon. Ottawa city councillor concerned over sprung structure debate as protests continue Sunday marked the latest in a series of protests against plans to build tent-like "sprung-structures" to house asylum seekers in Ottawa. Montreal Second Cup closes Montreal franchise over hateful incident Second Cup Café has closed one of its franchise locations in Montreal following allegations of hateful remarks and gestures made by the franchisee in a video that was widely circulated online during a pro-Palestinian protest on Thursday. Montreal votes to end water fluoridation in West Island by 2025 Montreal has voted to stop adding fluoride to tap water in six demerged West Island cities by 2025, a decision that has ignited backlash from local mayors and health experts. CTV News Montreal at Six for Sunday, Nov. 24, 2024 CTV News Montreal at Six for Sunday, Nov. 24, 2024 with anchor Kelly Greig. Edmonton Electric cars a 'hot commodity' in Alberta despite misconceptions Electric vehicles are off Alberta car lots, despite what experts say are some ongoing misconceptions about the technology. Podkolzin snaps scoring slump in Oilers win over Rangers Vasily Podkolzin vowed there's more to come after his first goal with the Edmonton Oilers. Podkolzin scored the game’s first goal and Connor McDavid had two goals and an assist for the Oilers in a 6-2 victory over the New York Rangers on Saturday. Canada Post down eight million parcels amid strike as talks carry on over weekend Canada Post says it has seen a shortage of more than eight million parcels amid an ongoing strike that has effectively shut down the postal system for nine days compared with the same period in 2023. Atlantic ‘It’s pretty emotional:’ N.B. family escape fire, plan to rebuild home A family in Riverview, N.B., is making plans for Christmas and the future after escaping a fire in their home on November, 14. Nova Scotia retirement community asks people to ‘Be a Santa to a Senior’ The Berkeley retirement community is asking people to “Be a Santa to a Senior” by making a donation until December 9 at one of their four locations in the Halifax Regional Municipality. Man arrested in Saint John, N.B., for weapons offences Saint John Police Force in Saint John, N.B., arrested a 30-year-old man for weapons related offenses on Saturday. Winnipeg 'I had no idea that they even existed': Family reunites with 80-year-old letters hidden in Winnipeg home The family of a soldier who fought during the Second World War has been reunited with letters written to him 80 years ago. Winnipeg postal workers still collecting letters to Santa amid ongoing strike Here's how Winnipeg families can still deliver their letters to Santa amid the ongoing Canada Post workers' strike. Have you seen Bostyn? Winnipeg police search for missing teenager Winnipeg police are asking the public to help find a 15-year-old girl who went missing Saturday afternoon. Regina Regina slammed with second snowstorm inside a week Regina is digging itself out yet again – mere days after it was slammed with the first major snowfall of the season. Dinosaur discovery reveals more about ancient Saskatchewan Researchers from McGill University have discovered a first of its kind fossil specimen for Saskatchewan. Regina police searching for answers after man injured by firearm The Regina Police Service (RPS) is searching for information after a man was injured in a firearm- related incident early Saturday morning. Kitchener Kitchener auto repair shop hosts fundraiser for children with disabilities, joined by hockey legend Wendel Clark An auto repair shop based in Kitchener held a special fundraiser Saturday to help children and youth with physical disabilities, with former Maple Leafs captain Wendel Clark in attendance. Colleges and universities face job cuts, deficits amid international student cap Groups representing post-secondary institutions say this may just be the tip of the iceberg, as dramatic drops in international student enrolment exacerbate some schools' existing budget shortfalls. Walking pneumonia is on the rise in Canada, but what about Ontario? Doctors and emergency rooms across Canada have said they are seeing an unusual rise in walking pneumonia cases, particularly in children, but what about here in Ontario? Saskatoon Saskatoon schools will be closed Monday following heavy snowfall Saskatoon Public Schools (SPS) has announced that all schools will be closed on Monday due to heavy snowfall and hazardous road conditions. Saskatoon digs out from another snowfall Saskatoon residents are digging out from another major snowfall that blanketed the city overnight. 'I'm excited to take it on': Saskatoon businesses weigh in on GST exemption Some local businesses say the federal government’s recent plan to pull back GST on several items is a positive initiative, but it should have been rolled out earlier in the holiday season. Northern Ontario Northern Ont. First Nation files claim against Ontario and Newmont mining Taykwa Tagamou Nation, a Cree First Nation located within Treaty 9, has filed a statement of claim against the Province of Ontario and Newmont, a mining company that owns properties in Timmins. Senior killed in dog attack in northern Ont. An 81-year-old was killed in a dog attack this week in Bonfield, Ont. Police believe three dogs were involved. More carrots pulled from grocery store shelves in expanded recall for E. coli: CFIA The Canadian Food Inspection Agency has announced an expanded recall on carrots over risks of E. coli O121 contamination, according to a notice issued Friday. London World Champion Jennifer Ogg of London, Ont. among inductees in Canadian Boxing Hall of Fame When Jennifer Ogg signed up an Ironman race in Cozumel, Mex., she had no idea that months later, she’d get the call to be inducted into the Canadian Boxing Hall of Fame. Two displaced in $200,000 house fire The London Fire Department was on scene of a house fire in the city on Sunday. Three people in hospital due to collision Barrie Driver seriously injured after crashing into tree: OPP An overnight crash in Tiny Township is under investigation, where a car allegedly crashed into a tree and both occupants were taken to hospital. First snowfall hits region Simcoe Muskoka saw its first signs of snow of the season Sunday morning, with a mix of flurries and rain leading to worsening road conditions and police reporting multiple collisions. Local high school basketball team wins provincial championship The Maple Ridge Ravens girls’ basketball team won a gold medal at the Girls AAA OFSAA Championships this weekend in Brampton, defeating the Mother Teresa Spartans 46-42 in comeback fashion. Windsor How a senior's efforts to craft hats for students knitted his community together A Windsor, Ont., man knitting hats for kids in need has inspired his neighbours to make sure more than just ears are staying warm. Increased police presence in Tecumseh Tecumseh will see more police around Ryegate Drive and Lemire Street, as per OPP. CPKC Holiday Train coming to Chatham-Kent, Windsor-Essex If you were hoping to see the CPKC Holiday Train this year, you’re in luck! The train is chugging through Canada and the U.S., stopping in Chatham-Kent and Windsor-Essex on Monday. Vancouver Island B.C. man awarded $800K in damages after being injured by defective bear banger A B.C. man has been awarded nearly $800,000 in damages as compensation for injuries he sustained from a defective bear banger, according to a recent court decision. BC Hydro says power almost fully restored after B.C. windstorms British Columbia's electric utility says it has restored power to almost all customers who suffered outages during the bomb cyclone earlier this week, but strong wind from a new storm has made repairs difficult in some areas. Fall legislative sitting scrapped in B.C. as Speaker Chouhan confirmed to serve again There won't be a sitting of the British Columbia legislature this fall as originally planned. Kelowna Man in hospital following targeted shooting in Kamloops Police are appealing for information on a targeted shooting that resulted in the hospitalization of a man in Kamloops. Police cleared of fault in fatal 2023 crash in B.C.'s Interior British Columbia's independent police watchdog has cleared officers of wrongdoing in a crash where three people were killed south of Kamloops in July of last year. B.C. woman sentenced for stealing $14K in funds raised for schoolkids A B.C. woman who stole more than $14,000 in volunteer-raised funds that were supposed to be spent on school supplies and programs – including hot meals for vulnerable kids – won't spend any time in jail. Lethbridge Snow routes declared active for Lethbridge starting at 9 a.m. Monday Snow routes were declared active in Lethbridge, the city posted on its website. Starting at 9 a.m. Monday, parking restrictions will be in effect for streets declared to be snow routes. Hurricanes road misery continues with 6-3 loss to Winterhawks in Portland The Hurricanes dropped their third straight game on Friday night, losing 6-3 to the Winterhawks in Portland. Emergency water main break disrupts traffic on 5 Avenue North in Lethbridge City crews are working to repair an emergency water main break on 5 Avenue North between 28 Street North and 29 Street North Saturday morning. Sault Ste. Marie Hockey rivalry goes to the next level on both sides of the Sault border Practice this week for the Sault College Men’s Hockey Team was taken to another level, as the Cougars face off against cross-border rival Lake Superior State University this weekend. After a year of struggle, centre that helps Sault youth to move to a building with heat Sault-based charity Save Our Young Adults, or SOYA, will soon move to a new home -- for good reason. $3M donation to help repair arena in Elliot Lake The City of Elliot Lake said Thursday it has received a $3-million donation from Edward and Suzanne Rogers for the Centennial Arena restoration. N.L. As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched A Newfoundland energy company's embrace of data centres is raising doubts about eastern Canadian hopes of harnessing the region's howling winds to supply Germany with power from green hydrogen. Canadian leads group pushing Vatican for zero-tolerance policy on abuse by clergy An international group led by a Canadian is in Rome this week to push the Catholic Church to adopt a zero-tolerance policy on abuse by clergy. Newfoundland wind-to-hydrogen company eyes data centre as international market lags A company hoping to build a multi-billion-dollar wind-to-hydrogen project in western Newfoundland is eyeing other options as Canada's plans to supply Europe with green energy have not yet materialized. Local Spotlight The Thriftmas Special: The benefits of second-hand holiday shopping The holidays may be a time for family, joy and togetherness, but they can also be hard on the wallet. Video shows octopus 'hanging on for dear life' during bomb cyclone off B.C. coast Humans weren’t the only ones who struggled through the bomb cyclone that formed off the B.C. coast this week, bringing intense winds and choppy seas. B.C. man reunites with Nova Scotia stranger, 56 years after being saved from drowning After driving near the water that winter day, Brian Lavery thought he saw a dog splashing in the waves – then realized it was way too cold for that. 'It's nice to just talk to people': Toronto podcaster prank calling Nova Scotians Toronto radio and podcast host Jax Irwin has recently gone viral for videos of her cute -- and at times confusing -- phone conversations. Lotto Max jackpot hits $80M for second time ever The Lotto Max jackpot has climbed to $80 million for just the second time in Canadian lottery history. 'I'm just tickled pink': Childhood friends from New Brunswick named Rhodes Scholars Two young women from New Brunswick have won one of the most prestigious and sought-after academic honours in the world. B.C. man to cycle length of New Zealand to raise funds for Movember Stretching 3,000 kilometres from the tip of New Zealand to its southernmost point, with just a bicycle for transport and a tent to call home, bikepacking event Tour Aotearoa is not for the faint of heart. 'She's a people person': Urban chicken inspires positivity in B.C. neighbourhood When he first moved to his urban neighbourhood, Barry Devonald was surprised to be welcomed by a whole flock of new neighbours. 'A little piece of history': Winnipeg homeowner finds 80-year-old letters hidden in walls When George Arcioni began renovating his kitchen last summer, he didn’t expect to find a stack of letters hidden in the wall behind his oven. Politics Montreal police chief expects additional arrests following anti-NATO protest Montreal's police chief says he expects more arrests stemming from a Friday anti-NATO protest that turned violent, with smashed windows and burned cars in downtown Montreal. Canada 'already past due' on NATO defence spending target: U.S. House intelligence committee chair Mike Turner The chair of the United States House intelligence committee says Canada needs to accelerate its defence spending targets, especially with its military in 'desperate' need of investment. Minister calls GST holiday, $250 cheques for 18 million Canadians 'a targeted approach' Women and Gender Equality and Youth Minister Marci Ien is calling the federal government's proposed GST holiday and $250 rebate cheques a 'targeted approach' to address affordability concerns. Health Scurvy resurgence highlights issues of food insecurity in Canada's rural and remote areas A disease often thought to only affect 18th century sailors is reemerging in Canada. 'It's an optimistic space:' Inside Toronto's new drug withdrawal centre Joshua Orson sits on the edge of a bed in a bright, clean room, thinking about his journey from addict to health-care worker. More carrots pulled from grocery store shelves in expanded recall for E. coli: CFIA The Canadian Food Inspection Agency has announced an expanded recall on carrots over risks of E. coli O121 contamination, according to a notice issued Friday. Sci-Tech Canadian neurosurgeons seek six patients for Musk's Neuralink brain study Canadian neurosurgeons in partnership with Elon Musk's Neuralink have regulatory approval to recruit six patients with paralysis willing to have a thousand electrode contacts in their brains. Fast-forming alien planet has astronomers intrigued Astronomers have spotted orbiting around a young star a newborn planet that took only three million years to form, quite swift in cosmic terms. Enslaved on OnlyFans: Women recount torment and sexual servitude OnlyFans says it empowers content creators, particularly women, to monetize sexually explicit images and videos in a safe online environment. But a Reuters investigation found women who said they had been deceived, drugged, terrorized and sexually enslaved to make money from the site. Entertainment ANALYSIS | How Jussie Smollett's overturned conviction is similar to Bill Cosby's The criminal cases of actors Jussie Smollett and Bill Cosby, both found guilty before their convictions were overturned, differ in details but share some parallels. 'Wicked' and 'Gladiator' make gravity-defying theatre debuts With a combined US$270 million in worldwide ticket sales, 'Wicked' and 'Gladiator II' breathed fresh life into a box office that has struggled lately. Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83 Chuck Woolery, host of 'Wheel of Fortune,' 'Love Connection' and 'Scrabble' who accused the U.S. government of lying about COVID-19, has died. He was 83. Business Elon Musk has never been richer. He's now worth nearly US$350 billion The richest person in the world got even richer Friday, with Musk’s net worth hitting a record US$347.8 billion, Bloomberg reported. U.S. court tosses hostile workplace, pay discrimination claims against BlackBerry A U.S. court has closed the door on "hostile work environment" and wage discrimination claims made by a former BlackBerry Ltd. executive who accused the company's CEO of sexually harassing her and then retaliating against her when she reported the behaviour. Maple Leaf Foods launches defamation lawsuit against Canada Bread and Grupo Bimbo Maple Leaf Foods Inc. has launched a defamation lawsuit against Canada Bread Co. Ltd. and its parent company Grupo Bimbo. Lifestyle School bullies have moved online. But is banning all under-16s from social media really the answer? The Australian government introduced what it's called 'world-leading' legislation in parliament this week to wipe social media accounts – including Snapchat, TikTok, Facebook, Instagram, Reddit and X – from the devices of children under 16. Ants marching into spotlight as hobby of ant-keeping rises in popularity They are tiny insects that are often overlooked or stepped on, but ants are marching not only into people’s backyards, but also their homes, as the popularity of ant-keeping rises in Canada. These royal residences are opening their doors this Christmas Not so long ago, if you wanted to spend Christmas with the royal family, the only way to get close was to press your nose up to the TV screen during the monarch’s Christmas speech. Sports Jannik Sinner leads Italy past the Netherlands for its second consecutive Davis Cup Jannik Sinner clinched Italy’s second consecutive Davis Cup title and capped his breakthrough season by beating Netherlands' Tallon Griekspoor. Rico Carty, who won the 1970 National League batting title with the Atlanta Braves, dies at 85 Rico Carty, who won the 1970 National League batting title when he hit a major league-best .366 for the Atlanta Braves, has died. He was 85. Max Verstappen wins fourth straight World Championship as George Russell takes victory in Las Vegas Max Verstappen claimed the Formula One World Drivers’ Championship at Las Vegas Grand Prix that saw George Russell take victory for Mercedes. Autos Nearly 46,000 electric vehicles recalled in Canada over power loss risk Nearly 46,000 electric vehicles from Kia, Hyundai and Genesis are being recalled in Canada over a potential power loss issue that can increase the risk of a crash. Northvolt says Quebec battery plant will proceed despite bankruptcy filing Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec — though hundreds of millions of taxpayer dollars invested in the parent company could be lost. Canadian drivers own their poor road habits: survey Canadian drivers are regularly in a hurry to get to their destination and a majority are willing to take unnecessary risks on the road, according to the results of a new survey. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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Holding the right certifications can make all the difference in today's competitive job market, taking salaries into seven-figure territory. As the demand for skilled professionals continues to soar, strategic investments in high-paying certifications can significantly amplify earning potential. For ambitious individuals looking to maximize their income, focusing on in-demand certifications in thriving industries can be a savvy career move. Below are some of the top high-paying certifications that could help professionals reach a 7-digit salary: Data analytics has emerged as one of the most important fields nowadays. More and more companies rely on data-driven decisions. The certification in data analytics equips professionals with skills to analyze and interpret complex data sets. They will get a starting salary of around ₹7,60,000 per year, which will be raised to ₹17,00,000 after certain experience. This will enable individuals to work in profiles such as data scientists, business intelligence analysts, or project managers. As organizations try to manage information on a large scale, the demand for Big Data expertise is growing. A Big Data certification increases the knowledge of storing and analyzing data. Professionals who hold this certification can have an average salary of ₹8,17,000 per year, and even experienced experts may have potential earnings up to ₹12,80,000 . Organizations are actively searching for those with Big Data skills who can enable them to use their insights to their strategic advantage. The AWS Certified Solutions Architect certification establishes expertise in designing scalable solutions for Amazon Web Services. This is a very promising certification in the IT sphere and promises great salary amounts. The starting salaries from AWS Certified Solutions Architects amount to ₹2,40,000 to ₹16,00,000 per year, depending upon experience and expertise. While cloud computing will dominate the technological horizon further, this certification remains an exceptionally valuable asset. Cybersecurity is among the most important areas these days. The CISSP certification is one of the most highly regarded credentials in the field. It ensures that a person can design and manage effective security programs. Individuals with this certification make between $73,135 and $165,291 per year. With companies placing more importance on sensitive information, CISSP holders become indispensable assets. This is the Google Cloud Data Engineering and Machine Learning certification. With this, professionals can design and build effective data processing systems. On average, the Google Certified Professional Data Engineer earns an annual sum of ₹7,75,721 and rises to ₹ 19,96,000 in annual salary for experienced practitioners. The best choice for those looking to specialize in data-driven roles inside a cloud environment. The CRISC certification is for information systems risk managers. This certification demonstrates expertise in identifying and mitigating IT project and operation risks. Average salaries for CRISC-certified individuals start at $88,000 and can go much higher with experience. The organizations value this certification since it enhances their ability to navigate complex risk environments effectively. CISM certification focuses on information security programs that are aligned with business objectives. This particular certificate is quite helpful for cybersecurity professionals who want to reach leadership. CISM-certified individuals would get a starting salary of around ₹8,87,500 per year. As businesses are giving data security strategies more priority, the management of organizations is being safeguarded by CISM-certified managers. High-paying certifications can be pursued to work towards the achievement of a seven-figure salary strategically. Each of these certifications increases skill and market value across the IT, data analytics, and cybersecurity fields. Therefore, investing time and resources into attaining such certifications may result in great monetary payback and career growth. In today's fast-moving job market, one has to stay ahead by continually learning and adapting to the industry's trends. High-paying certifications will be great tools for a professional striving for excellence and financial success. Embracing these educational opportunities can lead to a prosperous future filled with rewarding job prospects and impressive salaries.
Cops protecting CETP, but activists may protest again
A dispute has been intensifying over the bill introduced by the main opposition party aimed at revising South Korea’s commercial law as top officials voice conflicting views and the business community expresses strong opposition to the proposed amendment. The controversy started early this year as President Yoon Suk Yeol said that the government would push for an amendment to the law so that “boards of directors can reflect the interests of minority shareholders in a responsible way.” At the heart of the issue is the Korean Commercial Act, which currently stipulates that directors must perform their duties in good faith in the interests of the company. The revision will expand the fiduciary duty of directors from the company to shareholders. The proposed inclusion of shareholders’ interest in the clause of the Commercial Act may appear logical and reasonable. Executives are supposed to act in a way that protects and boosts the interests of shareholders, whether they are major or minor -- a sort of common sense in the global business community. But it is not a simple issue in South Korea, where large family-controlled conglomerates have often conducted business focused entirely on the interests of a small number of controlling shareholders. As a result, minority shareholders have been impacted by unilateral business decisions on mergers, spinoffs and contracts made in the name of “the company.” Such practices, linked to opaque corporate governance at Korean firms, are naturally cited as a key reason for the undervaluation of Korean stocks, known as the “Korea Discount.” The Yoon administration has sought to address this chronic problem as part of its “Corporate Value-Up” program to shore up the Korean stock market. But not all government officials support the idea. A striking example is the comment made Sunday on a TV program by Kim Byung-hwan, chairman of the Financial Services Commission. Kim said corporate governance should be made more transparent, but more discussions are needed to see whether the revision to the Commercial Act should be implemented. In outlining the potential drawbacks anticipated from the proposed amendments to the Commercial Act, Kim expressed several concerns: the potential for an increase in frivolous lawsuits by minority shareholders, delays and heightened uncertainty in corporate decision-making, excessive demands and hostile moves from foreign speculative capital, and the likely waste of company resources in defending against such threats. As an alternative to revising the Commercial Act, Kim proposed amendments to the Capital Markets Act to better achieve shareholder protection. He said, “Governance issues have been raised in the context of mergers and demergers, and we need to address these through tailored institutional improvements.” Kim clearly has a point, but the problem is that his perspective is not aligned with Lee Bok-hyun, the governor of the Financial Supervisory Service, who has called for the revision to the Commercial Act on many occasions. Given that the two financial authorities represented by Kim and Lee are supposed to work together and voice a unified position on key issues, Kim’s latest remark suggests a split in opinion even among key financial policymakers on the revision led by the main opposition Democratic Party of Korea. In a related development, the presidents of 16 major companies issued a joint statement on Thursday opposing the proposed revision of the Commercial Act. In the statement, they claimed that the changes would hinder the operations of boards of directors, citing an increase in lawsuits and attacks from foreign speculative investors. Critics, however, countered that if directors refrain from acting solely in the interests of controlling shareholders at the expense of minority shareholders, lawsuits are unlikely to arise in the first place. Given the potential impact of the revision, the Yoon administration has to address conflicting views within the financial authorities, gather more opinions and seek cooperation with the main opposition party.
Alps Machinery is Transforming Packaging with Advanced Labeling Machines 12-26-2024 09:36 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire Image: https://www.abnewswire.com/uploads/cc1f532cb27dc0d6485567c0c0826696.jpg Zhangjiagang Alps Machine Co., Ltd., a leader in filling and packing machinery, is making waves with its modern labeling machine [ https://www.alps-machine.com/products-category/labeling-machine.html ], suitable for a wide range of different bottle labeling machines, such as hot glue labeling machine, BOPP labeling machine, water bottle labeling machine, and more. With solutions tailored to specific client needs, Alps is setting a new standard in the world of labeling technology. All-inclusive Labeling Solutions for All Sectors A large variety of labeling machines that can handle a variety of goods and container types are available from Alps Machinery. Their machines handle labeling with accuracy and uniformity, regardless of the shape of the bottles-round, square, flat, oval, or otherwise. Applications include: * Beverages: Drinking water, juices, carbonated drinks, energy drinks, and milk-based beverages. * Alcoholic Drinks: Beer, red wine, champagne, vodka, and whiskey. * Industrial and Household Products: Liquid soaps, detergents, shampoos, edible oils, and engine oils. * Pharmaceuticals: Vials, oral liquid bottles, and other medical containers. Innovative Machine Designs for Superior Performance Alps Machinery offers a diverse portfolio of automatic and semi-automatic labeling machines to meet specific industry needs: * Automatic Wrap Around Hot Melt Glue BOPP Labeling Machines for fast and precise labeling. * PVC Shrink Labeling Machines (Model: SLM250) and Self-Adhesive Position Labeling Machines (Model: DWT06) for flexible labeling options. * Double-sided adhesive Sticker Machines (Model: SMT06) for enhanced labeling accuracy on multi-sided containers. * With accurate positioning systems leveraging advanced medical, electronic, and camera detection technologies, these machines deliver unparalleled precision. * Patented scratch-free feeding devices and stainless-steel guiding star wheels ensure durability while maintaining the integrity of bottles. Technological Advancements for Enhanced Efficiency Each Alps labeling machine is a product of meticulous design and technological innovation. Key features include: * High-Precision CNC-Processed Components: Ensuring stable, quiet, and reliable operations. * Safety and Compliance: Safety doors halt operations automatically upon opening, and all electrical components meet CE standards. * Automation and Monitoring: Container flow monitoring devices adjust speeds automatically for seamless operations. * Durability: Waterproof designs and corrosion-resistant materials guarantee long-lasting performance even in industrial environments. To learn more, visit: https://www.alps-machine.com/products-category/labeling-machine.html Looking Ahead Alps Machinery is in a strong position to transform packaging procedures in a variety of industries with its cutting-edge labeling machines. The company is influencing packaging's future one label at a time by fusing state-of-the-art technology with a customer-focused strategy. Media Contact Company Name: Zhangjiagang Alps Machine Co., Ltd. Contact Person: Jay Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=alps-machinery-is-transforming-packaging-with-advanced-labeling-machines ] City: Zhangjiagang Country: China Website: http://www.alps-machine.com This release was published on openPR.
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I'm A Celebrity Junkyard twist confirmed for new arrivals as ITV show continues
Rutgers 77, Georgia Southern 60
Eagles try to clinch NFC East title with Hurts' head injury looming largeStock indexes drifted to a mixed finish on Wall Street Thursday, as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 fell less than 0.1% after spending the day wavering between small gains and losses. The tiny loss ended the benchmark index's three-day winning streak. The Dow Jones Industrial Average added 0.1%, and the Nasdaq composite fell 0.1%. Trading volume was lighter than usual as U.S. markets reopened following the Christmas holiday. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.2%. Meta Platforms fell 0.7%, and Amazon and Netflix each fell 0.9%. Tesla was among the biggest decliners in the S&P 500, finishing 1.8% lower. Some tech companies fared better. Chip company Broadcom rose 2.4%, Micron Technology added 0.6% and Adobe gained 0.5%. Health care stocks were a bright spot. CVS Health rose 1.5% and Walgreens Boots Alliance added 5.3% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 3%, Ross Stores added 2.3%, Best Buy rose 2.9% and Dollar Tree gained 3.8%. Traders are watching to see whether retailers have a strong holiday season. The day after Christmas traditionally ranks among the top 10 biggest shopping days of the year, as consumers go online or rush to stores to cash in gift cards and raid bargain bins. U.S.-listed shares in rose 4.1% and 16.4%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. All told, the S&P 500 fell 2.45 points to 6,037.59. The Dow added 28.77 points to 43,325.80. The Nasdaq fell 10.77 points to close at 20,020.36. Wall Street got a labor market update. U.S. applications for unemployment benefits , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields mostly fell in the bond market. The yield on the 10-year Treasury slipped to 4.58% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to The benchmark S&P 500 is up 26.6% so far this year and remains near its most recent all-time high it set earlier this month — its latest of this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. AP Business Writers Elaine Kurtenbach and Matt Ott contributed.The leader of Sinn Fein has expressed determination to form a government of the left in Ireland as she insisted her party’s performance in the General Election had broken the state’s political mould. Despite Mary Lou McDonald’s confidence around shaping a coalition without Fine Gael and Fianna Fail – the two parties that have dominated the landscape of Irish politics for a century – the pathway to government for Sinn Fein still appears challenging. With counting following Friday’s election still in the relatively early stages – after an exit poll that showed the main three parties effectively neck-and-neck – there is some way to go before the final picture emerges and the options for government formation crystalise. Taoiseach and Fine Gael leader, Simon Harris, has dismissed talk of a Sinn Fein surge and said he was “cautiously optimistic” about where his party will stand after all the votes are counted. Meanwhile, Ireland’s deputy premier and Fianna Fail leader, Micheal Martin, insisted his party has a “very clear route back to government” as he predicted seat gains. The counting process could last days because of Ireland’s complex system of proportional representation with a single transferable vote (PR-STV), where candidates are ranked by preference. The early indications have turned the focus to the tricky arithmetic of government formation, as the country’s several smaller parties and many independents potentially jockey for a place in government. Ms McDonald told reporters at the RDS count centre in Dublin that she would be “very, very actively pursuing” the potential to form a government with other parties on the left of the political spectrum. The smaller, left-leaning parties in Ireland include the Social Democrats, the Irish Labour Party, the Green Party and People Before Profit-Solidarity. Ms McDonald said her party had delivered an “incredible performance” in the election. “I think it’s fair to say that we have now confirmed that we have broken the political mould here in this state,” she said. “Two party politics is now gone. It’s consigned to the dustbin of history and that, in itself, is very significant.” She added: “I am looking to bring about a government of change, and I’m going to go and look at all formulations. “If you want my bottom line, the idea of Fianna Fail and Fine Gael for another five years, in our strong opinion, is not a good outcome for Irish society. “Obviously, I want to talk to other parties of the left and those that we share very significant policy objectives with. So I’m going to do that first and just hear their mind, hear their thinking. But be very clear, we will be very, very actively pursuing entrance into government.” In Friday night’s exit poll, Sinn Fein was predicted to take 21.1% of first-preference votes, narrowly ahead of outgoing coalition partners Fine Gael and Fianna Fail at 21% and 19.5% respectively. Prior to the election, Fianna Fail and Fine Gael both ruled out entering government with Sinn Fein. Fine Gael leader Mr Harris rejected suggestions Sinn Fein had broken new ground. He told reporters in his count centre in Greystones, Co Wicklow: “Certainly we haven’t seen a Sinn Fein surge or anything like it. “I mean, it looks likely, on the figures that we’ve seen now, fewer people, many fewer people would have voted Sinn Fein in this election than the last one. “In fact, I think they’re down by around 5% and actually the parties, particularly the two parties, the two larger parties in government, are likely to receive significant support from the electorate. So definitely, politics in Ireland has gotten much more fragmented.” He said it was too early to tell what the next government would look like. “I think anybody who makes any suggestion about who is going to be the largest party or the construct of the next government, they’re a braver person than I am,” he said. “Our electoral system dictates that there’ll be many, many transfers that will go on for hours, if not days, before we know the final computations at all. “But what I am very confident about is that my party will have a very significant role to play in the years ahead, and I’m cautiously optimistic and excited.” Fianna Fail’s Mr Martin told reporters at a count centre in Cork he was confident that the numbers exist to form a government with parties that shared his political viewpoint. Mr Martin said it “remains to be seen” whether he would return to the role of Taoiseach – a position he held between 2020 and 2022 – but he expressed confidence his party would outperform the exit poll prediction. “It’s a bit too early yet to call the exact type of government that will be formed or the composition of the next government,” he said. “But I think there are, there will be a sufficiency of seats, it seems to me, that aligns with the core principles that I articulated at the outset of this campaign and throughout the campaign, around the pro-enterprise economy, around a positively pro-European position, a government that will strongly push for home ownership and around parties that are transparently democratic in how they conduct their affairs.” Asked if it would be in a coalition with Fianna Fail, Fine Gael and the Social Democrats, he said that would be “racing a bit too far ahead”. The final result may dictate that if Fianna Fail and Fine Gael are to return to government, they may need more than one junior partner, or potentially the buy-in of several independent TDs. Mr Martin said it was unclear how quickly a government can be formed, as he predicted his party would gain new seats. “It will be challenging. This is not easy,” he added. The junior partner in the outgoing government – the Green Party – looks set for a bruising set of results. Green leader Roderic O’Gorman is in a fight to hold onto his seat, as are a number of party colleagues, including Media Minister Catherine Martin. “It’s clear the Green Party has not had a good day,” he said. The early counting also suggested potential trouble for Fianna Fail in Wicklow, where the party’s only candidate in the constituency, Health Minister Stephen Donnelly, is considered to have a battle ahead, with the risk of losing his seat. Meanwhile, there is significant focus on independent candidate Gerard Hutch who, on Saturday evening, was sitting in fourth place in the four-seat constituency of Dublin Central. Last spring, Mr Hutch was found not guilty by the non-jury Special Criminal Court of the murder of David Byrne, in one of the first deadly attacks of the Hutch-Kinahan gangland feud. Mr Byrne, 33, died after being shot six times at a crowded boxing weigh-in event at the Regency Hotel in February 2016. A Special Criminal Court judge described Mr Hutch, 61, as the patriarchal figurehead of the Hutch criminal organisation and said he had engaged in “serious criminal conduct”. The constituency will be closely watched as other hopefuls wait to see if transfers from eliminated candidates may eventually rule him out of contention. In the constituency of Louth, the much-criticised selection of John McGahon appeared not to have paid off for Fine Gael. The party’s campaign was beset by questioning over footage entering the public domain of the candidate engaged in a fight outside a pub in 2018. The Social Democrats have a strong chance of emerging as the largest of the smaller parties. The party’s leader, Holly Cairns, was already celebrating before a single vote was counted however, having announced the birth of her baby girl on polling day.
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