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( MENAFN - IANS) Washington, Dec 27 (IANS) The US-India Business Council (USIBC) on Friday said that former Prime Minister Dr Manmohan Singh played a significant role in strengthening the US-India ties. In a statement, the USIBC which represents hundreds of top global companies operating across the United States, India and the Indo-Pacific, said Dr Singh was“rightly regarded” as an architect of the modern bilateral relationship. The Chair, President, Managing Director, member companies, and staff of the USIBC conveyed their heartfelt condolences to the family of Dr Singh, and to the people of India, on his demise at age 92. “Dr Singh played a key role in elevating US-India ties and modernising the relationship, and embarking both democracies on a steady path of strategic, economic and technological convergence," said USIBC President Ambassador (ret.). Atul Keshap. Keshap further stated that through his sustained leadership in achieving the transformative agreement on civilian nuclear energy cooperation,“Dr Singh was rightly regarded as an architect of the modern bilateral relationship, and he will be remembered by many in America with honor and fondness for his gentle and clear leadership”. Among the key highlights of Dr Singh's regime was the India-US Civil Nuclear Agreement 2008, which paved the way for civilian nuclear cooperation. This ended India's decades-long nuclear isolation, besides shaping the country's relationship with major powers, including the US. The nuclear deal helped India elevate diplomatic ties with several countries like Japan, France, Australia and Germany, positioning the country as a responsible nuclear power. Moreover, the liberalisation of India's economy in 1991 was a turning point in the country's post-independence history, which opened India's doors to the global economy. Established in 1975 at the behest of the US and Indian governments, the USIBC serves as the premier voice of industry and creates connections between businesses and governments across both countries. MENAFN26122024000231011071ID1109033952 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Rome: External Affairs Minister (EAM) S. Jaishankar on Sunday inaugurated the new Chancery of the Embassy of India in Rome, a few hours after he arrived in Italy on a three-day visit to attend the Outreach session of the G7 Foreign Ministers’ Meeting where India has been invited as a guest country. "It befits the continued expansion of India-Italy partnership in recent years. Will also help us serve better the Indian community in Italy," the EAM posted on X after inaugurating the new premises of the Embassy of India in Rome. Jaishankar is also scheduled to participate in the 10th edition of the MED Mediterranean Dialogue in Rome, being organised by Institute for International Political Studies (ISPI) in collaboration with Ministry of Foreign Affairs and International Cooperation of Italy. The conference will be inaugurated on Monday with a speech by Italian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Antonio Tajani. Besides EAM Jaishankar, the event will also be attended by high-level representatives from all over the enlarged Mediterranean region, as well as representatives of numerous relevant international organisations, including Ahmed Aboul Gheit, Secretary General, Arab League; Taher al-Baour, Minister of Foreign Affairs and International Cooperation, Libya; Abdallah Bou Habib, Minister of Foreign Affairs and Expatriates, Lebanon; Mohamed Salem Ould Marzouk, Minister of Foreign Affairs, Mauritania; Shaya Mohsin Zindani, Minister of Foreign Affairs and Expatriates, Yemen and Geir O. Pedersen, Special Envoy of the UN Secretary-General for Syria. In Fiuggi, which is hosting the G7 Foreign Ministers’ Meeting, EAM Jaishankar is expected to hold discussions on major regional issues and global topics, including the stability of the Indo-Pacific -- a priority region for political balances and world trade. He is also expected to meet his counterparts from Italy and other participating nations in the G7 related engagements and hold bilateral discussions during the visit. India and Italy, both ancient civilizations with rich cultural heritage, enjoy strong people-to-people connect propelled by a large Indian diaspora and long standing Indological Studies tradition in Italy. In their bilateral meeting on the sidelines of the G20 Summit in Rio de Janeiro on Tuesday (November 18), Prime Minister Narendra Modi and his Italian counterpart Giorgia Meloni had reiterated their commitment to advancing the India-Italy Strategic Partnership and announced a Joint Strategic Action Plan 2025-29 which outlines their vision for the next five years. The Action Plan will pursue joint collaborations, programmes and initiatives in key sectors of trade and investment, science and technology, new and emerging technologies, clean energy, space, defence, connectivity and people-to-people linkages. Meanwhile, the G7 Foreign Ministers’ Meeting in Fiuggi will be the second to be hosted in Italy in 2024, after the one held in Capri from April 17 to 19. Under the Italian Presidency, the G7 Foreign Ministers have also met, in recent months, on the sidelines of major international events in Munich, Washington and New York. "As in Capri, the agenda of the Fiuggi Ministerial Meeting will focus on the main issues at the heart of the international debate, starting with the situation in the Middle East following Hamas’s brutal terrorist attack against Israel on 7 October 2023. Among the topics under discussion will be the serious humanitarian crisis in Gaza, the situation in Lebanon, the one in the Red Sea, and the need to promote a credible political horizon for the region that guarantees peace and security, from the perspective of 'two Peoples, two States'," stated the Italian G7 Presidency, earlier this week.2 Ultra-High-Yield Dividend Stocks That Passive Income Investors Won't Want to Miss - Yahoo Finance
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B. Metzler seel. Sohn & Co. Holding AG bought a new stake in Kinder Morgan, Inc. ( NYSE:KMI – Free Report ) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 48,016 shares of the pipeline company’s stock, valued at approximately $1,061,000. Other hedge funds have also bought and sold shares of the company. Northwest Investment Counselors LLC purchased a new stake in shares of Kinder Morgan during the 3rd quarter valued at $28,000. Pathway Financial Advisers LLC bought a new position in Kinder Morgan in the first quarter valued at $30,000. HWG Holdings LP purchased a new stake in Kinder Morgan during the second quarter valued at about $30,000. Planning Capital Management Corp lifted its stake in Kinder Morgan by 143.6% during the third quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 797 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new position in shares of Kinder Morgan in the 2nd quarter worth about $31,000. 62.52% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth A number of analysts recently weighed in on the company. The Goldman Sachs Group restated a “conviction-buy” rating on shares of Kinder Morgan in a research report on Friday, October 18th. Stifel Nicolaus upped their price objective on shares of Kinder Morgan from $22.00 to $23.00 and gave the company a “hold” rating in a research note on Tuesday, August 27th. Truist Financial lifted their target price on shares of Kinder Morgan from $22.00 to $25.00 and gave the stock a “hold” rating in a research report on Thursday, October 17th. Bank of America initiated coverage on shares of Kinder Morgan in a research report on Thursday, October 17th. They set a “buy” rating and a $27.00 price target for the company. Finally, UBS Group lifted their price objective on Kinder Morgan from $30.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Eight analysts have rated the stock with a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $25.36. Kinder Morgan Price Performance Shares of KMI stock opened at $28.49 on Friday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.35 and a current ratio of 0.46. The firm has a market cap of $63.29 billion, a P/E ratio of 24.99, a P/E/G ratio of 4.11 and a beta of 0.91. The business’s 50 day moving average price is $24.56 and its 200-day moving average price is $21.82. Kinder Morgan, Inc. has a fifty-two week low of $16.47 and a fifty-two week high of $28.81. Kinder Morgan ( NYSE:KMI – Get Free Report ) last issued its quarterly earnings data on Wednesday, October 16th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). The company had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $4.05 billion. Kinder Morgan had a net margin of 16.76% and a return on equity of 7.87%. The firm’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.25 earnings per share. On average, equities research analysts anticipate that Kinder Morgan, Inc. will post 1.18 earnings per share for the current year. Kinder Morgan Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a dividend of $0.2875 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.15 annualized dividend and a yield of 4.04%. Kinder Morgan’s payout ratio is 100.88%. Insiders Place Their Bets In related news, President Thomas A. Martin sold 19,121 shares of Kinder Morgan stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $26.28, for a total transaction of $502,499.88. Following the sale, the president now directly owns 897,652 shares in the company, valued at $23,590,294.56. The trade was a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director C Park Shaper sold 690,142 shares of the stock in a transaction on Monday, October 21st. The stock was sold at an average price of $24.75, for a total value of $17,081,014.50. Following the completion of the transaction, the director now owns 6,809,858 shares of the company’s stock, valued at approximately $168,543,985.50. This trade represents a 9.20 % decrease in their position. The disclosure for this sale can be found here . Company insiders own 12.64% of the company’s stock. Kinder Morgan Profile ( Free Report ) Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities. Read More Want to see what other hedge funds are holding KMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kinder Morgan, Inc. ( NYSE:KMI – Free Report ). Receive News & Ratings for Kinder Morgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan and related companies with MarketBeat.com's FREE daily email newsletter .NoneAI sales rep startups are booming. So why are VCs wary?
NFL Week 12 big questions and takeaways: Five wild endings, huge upsets and division-race shake-upsThe Prime Minister insisted the UK will back Ukraine “for as long as it takes” as he made a speech at the Lord Mayor’s Banquet in London, but for the first time acknowledged the conflict could move towards a negotiated end. Ukrainian President Volodymyr Zelensky has in recent weeks suggested he is open to a possible ceasefire with Vladimir Putin’s Russia. Kyiv and its European allies meanwhile fear the advent of Donald Trump’s return to the White House could result in American aid being halted. President-elect Trump has said he would prefer to move towards a peace deal, and has claimed he could end the conflict on “day one” of his time in power. As he attempts to strike up a good relationship with the incoming president, Sir Keir revealed he had told Mr Trump the UK “will invest more deeply than ever in this transatlantic bond with our American friends in the years to come”. In his speech at London’s Guildhall, the Prime Minister said there is “no question it is right we support Ukraine”, as the UK’s aid to Kyiv is “deeply in our self-interest”. Allowing Russia to win the war would mean “other autocrats would believe they can follow Putin’s example,” he warned. Sir Keir added: “So we must continue to back Ukraine and do what it takes to support their self-defence for as long as it takes. “To put Ukraine in the strongest possible position for negotiations so they can secure a just and lasting peace on their terms that guarantees their security, independence, and right to choose their own future.” Mr Zelensky told Sky News over the weekend he would be open to speaking with Mr Putin, but branded the Russian president a “terrorist”. He also suggested Ukrainian territory under his control should be taken under the “Nato umbrella” to try to stop the “hot stage” of the war with Russia. In a banquet speech focused on foreign affairs, the Prime Minister said it was “plain wrong” to suggest the UK must choose between its allies, adding: “I reject it utterly. “(Clement) Attlee did not choose between allies. (Winston) Churchill did not choose. “The national interest demands that we work with both.” Sir Keir said the UK and the US were “intertwined” when it came to commerce, technology and security. The Prime Minister added: “That’s why, when President Trump graciously hosted me for dinner in Trump Tower, I told him that we will invest more deeply than ever in this transatlantic bond with our American friends in the years to come.” He also repeated his commitment to “rebuild our ties with Europe” and insisted he was right to try to build closer links with China. “It is remarkable that until I met President Xi last month there had been no face-to-face meeting between British and Chinese leaders for six years,” the Prime Minister said. “We can’t simply look the other way. We need to engage. To co-operate, to compete and to challenge on growth, on security concerns, on climate as well as addressing our differences in a full and frank way on issues like Hong Kong, human rights, and sanctions on our parliamentarians,” he added. The Prime Minister said he wants Britain’s role in the world to be that of “a constant and responsible actor in turbulent times”. He added: “To be the soundest ally and to be determined, always, in everything we do. “Every exchange we have with other nations, every agreement we enter into to deliver for the British people and show, beyond doubt, that Britain is back.” Ahead of Sir Keir’s speech, Lord Mayor Alastair King urged the Prime Minister and his Government to loosen regulations on the City of London to help it maintain its competitive edge. In an echo of Sir Keir’s commitment to drive the UK’s economic growth, the Lord Mayor said: “The idealist will dream of growth, but the pragmatist understands that our most effective machinery to drive growth is here in the City, in the hands of some of the brightest and most committed people that you will find anywhere in the world.”
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The Vancouver Canucks got some coal in their stocking over the holiday break. Two of the team's biggest stars, Quinn Hughes and Elias Pettersson, were missing from Friday's practice and, according to head coach Rick Tocchet, will not play in Saturday afternoon's game against the Seattle Kraken. While the full scope of their injuries isn't yet known, with Tocchet saying he wasn't sure if they were day-to-day or week-to-week, but they want to play it safe. "Especially with a guy like Hughes, I don't think you want to put him in situations where he could really get hurt," said Tocchet. "I don't think you want to do that with any player. You've got to be careful of that." You definitely want to be careful to avoid turning a short-term injury into a long-term injury but it's hard to take Tocchet entirely seriously when he says the team wants to avoid putting players institutions where they could really get hurt because they already have. Hughes was questionable for December 23's game against the Sharks — a game-time decision. He not only played but also led the Canucks in ice time with 24:45. After the game, Hughes admitted that he needed the holiday break. "I think that the break's coming at a fortunate time," said Hughes. "I've got three days here just to recover and regroup and we'll see what's going on after that." If whatever injury he's dealing with is significant enough for him to miss Saturday's game perhaps it was serious enough that he should have missed the game against the Sharks as well. Was that not Hughes being in a position to get "really hurt?" Tocchet even praised Hughes for playing through his injury. "Obviously, our captain, dealing with some stuff, to play and get two points for us, I'm really proud of him," said Tocchet after the game. "He sucked it up tonight." As for Pettersson, he got “banged up” in the second period of that game against the Sharks according to Tocchet but then came back for the third period and played a shift before finally leaving the game. Should he have returned to the game? Did the medical staff miss something? Was that not a situation where he could have been further injured? Here’s the thing: I don’t even blame Tocchet or the Canucks’ medical staff for Hughes and Pettersson playing through injuries. Often, they can only go off what the players self-report in terms of how their body is feeling and how much pain is too much. Fundamentally, hockey players want to play and they'll push themselves through all sorts of pain to do it. For Pettersson in particular, he might not have even known the extent of what he was dealing with until he took the ice for the third period and pushed himself. It’s also part and parcel of hockey culture that players play through pain and injury. In fact, most players in the NHL are playing through something, whether it’s minor bumps and bruises that are merely uncomfortable or long-term issues that can’t really be fixed but can be managed. In all honesty, every time a player steps on the ice, they’re entering a situation where they could get "really hurt." That's a fundamental risk of a fast, physical sport like hockey. Playing through pain isn't unique to hockey either. All sports lionize athletes who grit their teeth and bear through the pain to accomplish something great. But you do have to wonder if playing through pain and injuries is really worth it in late December. It’s one thing to battle through pain in the playoffs in the quest for the Stanley Cup when every game is of the utmost importance; it’s quite another to risk causing a bigger issue for one of 82 games in the regular season. Perhaps it would have been wiser for Hughes to sit out against the Sharks to get a bit more rest for whatever injury is bothering him. Maybe Pettersson shouldn’t have pushed it by returning for the third period. And if the Canucks couldn’t beat the basement-dwelling Sharks without Hughes, maybe that says a lot about how the team is currently constructed. Without Hughes and Pettersson at practice on Friday, the Canucks had to shake up the forward lines and defence pairings. Here are the Canucks' projected lines: Just as Pettersson had to step up when J.T. Miller stepped away from the team for personal reasons, Miller will have to step up in Pettersson's absence. He'll centre the Canucks' two best wingers in Jake DeBrusk and Brock Boeser. Pius Suter filled in admirably as a second-line centre when Miller was gone, so he'll be back on the second line with Nils Höglander and Conor Garland, with hopes of creating some secondary offence behind Miller. The one forward line that remains intact is the fourth line — now third line — of Danton Heinen, Teddy Blueger, and Kiefer Sherwood. Finally, Max Sasson returns to the lineup, this time at centre between Dakota Joshua and Phil Di Giuseppe. The bigger question, of course, is how the Canucks will handle being without Hughes, especially with Filip Hronek already out long-term. At practice, the top pairing consisted of Derek Forbort and Tyler Myers, which is sobering. Erik Brännström will draw back into the lineup alongside Vincent Desharnais. Brännström will also quarterback the top power play unit and could play some bigger minutes as the only true puck-mover on the Canucks' blue line with Hughes out. The Canucks' starting goaltender will be Thatcher Demko. He has an .889 save percentage in five starts since returning from his popliteus injury but has helped the Canucks earn at least a point in four of those five starts with a 2-1-2 record. The Seattle Kraken are struggling this season, sitting just barely above the Anaheim Ducks in the Pacific Division with a 15-19-2 record. They lost five straight heading into the holiday break. Don't be surprised, then, if the Kraken shake up their lines and try something different against the Canucks on Saturday. Until they show us anything different, however, these are the projected lines: Jaden Schwartz - Matty Beniers - Kaapo Kakko Eeli Tolvanen - Chandler Stephenson - Oliver Bjorkstrand Jared McCann - Shane Wright - Yanni Gourde Tye Kartye - Ben Meyers - Daniel Sprong Vince Dunn - Adam Larsson Jamie Oleksiak - Brandon Montour Ryker Evans - Josh Mahura Philipp Grubauer Ales Stejka With the injured Joey Daccord not making the trip to Vancouver, expect the Kraken's starting goaltender to be Philipp Grubauer. He has an .877 save percentage this season and has picked up a win in just three of his 13 starts.Buy Smarter: The Consumer Guide to Smart TVs
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Eagle-eyed fans spot Ruben Amorim’s ice cold reaction to Marcus Rashford’s opening goal in Ipswich clash