LUXEMBOURG / ACCESSWIRE / November 22, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa" or the "Company") (NYSE Symbol:NEXA) announces today that it has completed the previously announced sale (the "Transaction") of 100% of the shares issued by Compañia Minera Cerro Colorado S.A.C., comprising the mineral properties of the Pukaqaqa Project ("Pukaqaqa" or the "Project"), located in the Huancavelica region of Peru. With the completion of the Transaction, and pursuant to the terms of the definitive agreement, Nexa has sold and transferred all shares, rights, titles, and interests in Pukaqaqa to Olympic Precious Metals Ltd ("Olympic"). The Transaction was completed following the fulfillment of all closing conditions. About Olympic Precious Metals Ltd Olympic Precious Metals Ltd is a Canadian company dedicated to the development of copper and gold opportunities across the Americas. Olympic is committed to preserving, growing, and realizing long-term shareholder value in a responsible manner, delivering lasting benefits to local communities and stakeholders. The Olympic team brings deep, proven expertise in efficiently exploring, rapidly advancing, and successfully delivering sustainable mining projects. The Company creates value by building and optimizing mines that prioritize local employment, engage local suppliers, and empower local communities. For more information, visit: www.olympicpreciousmetals.com . About Nexa Nexa is a large-scale, low-cost integrated zinc producer with over 65 years of experience developing and operating mining and smelting assets in Latin America. Nexa currently owns and operates five long-life mines, three of which are located in the central Andes region of Peru, and two of which are located in Brazil (one in the state of Minas Gerais and one in the state of Mato Grosso). Nexa also currently owns and operates three smelters, two of which are located in the state of Minas Gerais in Brazil, and one of which is Cajamarquilla, located in Lima, which is the largest smelter in the Americas. Nexa was among the top five producers of mined zinc globally in 2023 and one of the top five metallic zinc producers worldwide in 2023, according to Wood Mackenzie. Cautionary Statement on Forward-Looking Statements This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to in this news release as "forward-looking statements"). Forward-looking statements contained in this news release may include, but are not limited to, zinc and other metal prices and exchange rate assumptions, projected operating and capital costs, metal or mineral recoveries, head grades, mine life, production rates, and returns; the Company's potential plans; the estimation of the tonnage, grade and content of deposits and the extent of mineral resource and mineral reserve estimates; timing of commencement of production; exploration potential and results; the timing and receipt of necessary permits for future operations; and the impacts of COVID-19 on our operations. These statements are based on information currently available to the Company and the Company provides no assurance that actual results and future performance and achievements will meet or not differ from the expectations of management or qualified persons. All statements other than statements of historical fact are forward-looking statements. The words "believe," "will," "may," "may have," "would," "estimate," "continues," "anticipates," "intends," "plans," "expects," "budget," "scheduled," "forecasts" and similar words are intended to identify estimates and forward-looking statements. Forward-looking statements are not guarantees and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Actual results and developments may be substantially different from the expectations described in the forward-looking statements for a number of reasons, many of which are not under our control, among them, the activities of our competition, the future global economic situation, weather conditions, market prices and conditions, exchange rates, and operational and financial risks. The unexpected occurrence of one or more of the abovementioned events may significantly change the results of our operations on which we have based our estimates and forward-looking statements. Our estimates and forward-looking statements may also be influenced by, among others, legal, political, environmental, or other risks that could materially affect the potential development of the Project, including risks related to outbreaks of contagious diseases or health crises impacting overall economic activity regionally or globally, as well as risks relating to ongoing or future investigations by local authorities with respect to our business and operations and the conduct of our customers, including the impact to our financial statements regarding the resolution of any such matters. These forward-looking statements related to future events or future performance and include current estimates, predictions, forecasts, beliefs and statements as to management's expectations with respect to, but not limited to, the business and operations of the Company and mining production, our growth strategy, the impact of applicable laws and regulations, future zinc and other metal prices, smelting sales, capex, expenses related to exploration and project evaluation, estimation of Mineral Reserves and/or Mineral Resources, mine life and our financial liquidity. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable and appropriate by management and qualified persons considering their experience are inherently subject to significant uncertainties and contingencies and may prove to be incorrect. Statements concerning future production costs or volumes are based on numerous assumptions of management regarding operating matters and on assumptions that demand for products develops as anticipated, that customers and other counterparties perform their contractual obligations, full integration of mining and smelting operations, that operating and capital plans will not be disrupted by issues such as mechanical failure, unavailability of parts and supplies, labor disturbances, interruption in transportation or utilities, adverse weather conditions, and that there are no material unanticipated variations in metal prices, exchange rates, or the cost of energy, supplies or transportation, among other assumptions. Estimates and forward-looking statements refer only to the date when they were made, and we do not undertake any obligation to update or revise any estimate or forward-looking statement due to new information, future events or otherwise, except as required by law. Estimates and forward-looking statements involve risks and uncertainties and do not guarantee future performance, as actual results or developments may be substantially different from the expectations described in the forward-looking statements. Further information concerning risks and uncertainties associated with these forward-looking statements and our business can be found in our public disclosures filed under our profile on SEDAR+ ( www.sedarplus.ca ) and on EDGAR ( www.sec.gov ). For further information, please contact: Investor Relations Team ir@nexaresouces.com SOURCE: Nexa Resources S.A. View the original on accesswire.comGlobal Social Networking Market Insights 2024: Key Trends, Market Size, And Growth Forecast
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The rumor mill is churning with exciting news for Apple enthusiasts! Leaks suggest that Apple is poised to launch its slimmest iPhone yet, tentatively named the iPhone 17 Air. This new model is expected to redefine smartphone design with its incredibly thin profile, potentially measuring between 5mm and 6mm. To put that into perspective, the current iPhone 16 Pro measures 8.25mm thick, and the thinnest iPhone to date, the 2014 iPhone 6, was 6.9mm thick. This development marks a significant shift in Apple’s design philosophy, pushing the boundaries of engineering and aesthetics. The “Air” moniker, synonymous with lightweight and sleek design in Apple’s product line (think MacBook Air and iPad Air), hints at the company’s ambition to achieve a new level of portability and elegance in its smartphones. But this ambitious design reportedly comes with some trade-offs, including potential compromises on battery life, camera capabilities, and connectivity. A New Era of Slim If the leaks are accurate, the iPhone 17 Air will be drastically thinner than any previous iPhone model. This radical reduction in thickness is generating considerable buzz among tech enthusiasts and raising questions about how Apple plans to achieve this feat without sacrificing functionality. Here’s what we’ve gathered from various sources: Design Challenges and Potential Trade-offs Creating an ultra-thin smartphone like the rumored iPhone 17 Air presents significant engineering challenges. Fitting all the necessary components – battery, processor, camera modules, and more – into such a slim profile requires innovative design and space optimization. Here are some potential challenges and trade-offs Apple might face: What About the Features? While the focus is on the iPhone 17 Air’s thin design, we can anticipate that Apple will still pack it with powerful features. Expected features include: My Thoughts Personally, I’m intrigued by the idea of an ultra-thin iPhone . I’ve always valued sleek and lightweight devices, and the iPhone 17 Air seems to take this to the extreme. However, I’m also cautious about the potential compromises. Battery life is crucial for me, and I wouldn’t want to sacrifice it for a thinner phone. I’m also curious to see how Apple addresses the challenges related to camera technology and speaker quality. I remember when the iPhone 6 came out, and how its thin design was a major selling point. But it also faced criticism for its susceptibility to bending. I hope Apple has learned from that experience and will ensure the iPhone 17 Air is durable enough for everyday use. The iPhone 17 Air is still shrouded in speculation, and we’ll have to wait for official announcements from Apple to confirm the final design and features. However, the leaks have certainly sparked excitement and anticipation among iPhone users. If Apple can successfully navigate the design challenges and deliver a truly compelling ultra-thin iPhone without significant compromises, the iPhone 17 Air could be a game-changer in the smartphone market. What do you think about the prospect of an ultra-thin iPhone? Are you excited about the potential design or concerned about the possible trade-offs? Share your thoughts in the comments below!
Vance takes on a more visible transition role, working to boost Trump’s most contentious picksVance takes on a more visible transition role, working to boost Trump’s most contentious picks
Van Nistelrooy returned to Old Trafford as Erik ten Hag’s assistant in the summer and had a four-game interim spell in charge following his compatriot’s sacking in October. He left the club in the wake of Ruben Amorim’s appointment but was only out of work for two weeks after being appointed Leicester’s new manager on a deal until 2027. The 48-year-old had a glittering playing career with United and was disappointed his return had to end so soon. “The moment I took over the interim job what I said was I’m here to help United and to stay to help United, and I meant it,” he said. “So I was disappointed, yeah, very much so, and it hurt I had to leave. “The only job I would take as an assistant was at United because of the bond that I have with the people in the club and the fans. “But in the end I got my head around it because I also understand the new manager. I’m in football long enough, and I’ve managed myself, that you can think of a situation, me being there, I understand. “I spoke to Ruben about it, fair enough to him, the conversation was grateful, man to man, person to person, manager to manager, and that helped a lot to move on and straightaway get into talks with new possibilities which of course lifted my spirits.” The Dutchman takes on a difficult job at the King Power Stadium as he is tasked with keeping Leicester in the Premier League. He inherits an influential dressing room, which has seen a number of managers come and go over the last few years. Ruud's here for his first press conference as our Manager 😃 pic.twitter.com/A4Juixvorb — Leicester City (@LCFC) December 2, 2024 Van Nistelrooy revealed he has done his due diligence and also let the players know as well. “It’s the only way you can work. It’s mutual respect. I also mentioned to the players yesterday that I looked at the squad and started to make phone calls about players, because in football everyone knows everyone,” he said. “With two or three phone calls you hear stories about 20 players and for me it was important that you hear there are good characters there. That’s important, that there are good people there. “I look at the players how they play. I obviously don’t know them but I got general information and the individuals that they are a good bunch of people. That was important for me to get in.”NEW YORK , Dec. 16, 2024 /PRNewswire/ -- According to a new report from Liminal, a leading market and competitive intelligence technology company, global spending on third-party risk management (TPRM) is set to more than double—from $9.0 billion in 2025 to $19.9 billion by 2030. As third-party ecosystems expand, security threats multiply, and regulations tighten, this rapid growth signals a decisive market shift for companies striving to protect their data, operations, and reputations. Despite managing over 250 third-party relationships on average, Liminal's research found that fewer than half of organizations continuously monitor these vendors. Reliance on static questionnaires and annual audits has proven ineffective, with fewer than 10% of practitioners trusting their assessments. As compliance demands tighten—evidenced by GDPR fines in the billions of dollars—and threats evolve toward AI-enabled scams and cloud weaknesses, these outdated methods fail to identify emerging risks, leaving companies exposed. While most organizations recognize the urgency of new risk conditions and have increased their TPRM budgets, practitioners cite that progress is stalled by fragmented spending, siloed information, and manual workflows. The report shows that firms that invest in continuous monitoring, automation, and integrated solutions gain a clear advantage. By shifting from reactive, error-prone approaches to always-on, data-driven insights, decision-makers can detect vulnerabilities early, meet regulatory requirements more effectively, and foster stronger trust across their supply chains. "With TPRM spending nearly doubling and fewer than half of organizations conducting real-time checks, the data shows a clear mandate: it's time to evolve from basic, outdated compliance tasks to continuous, forward-looking risk intelligence," said Travis Jarae , CEO of Liminal . "Leading companies leverage automation and integrated analytics to stay ahead of emerging threats, turning risk management into a strategic advantage." Key Insights from The Market and Buyer's Guide for Third-Party Risk Management: "From healthcare providers working to safeguard patient data against potentially compromised supply chains to financial institutions navigating emerging regulations and data handling risks, the stakes have never been higher," said Joe Stuntz , Principal Advisor at Liminal . "Leaders who invest in advanced analytics, integrated solutions, and real-time monitoring not only mitigate threats—they position their organizations for sustained growth and trust in a digital-first economy." About Liminal Liminal is a technology company that empowers businesses with actionable market and competitive intelligence for go-to-market and sales enablement. Our state-of-the-art platform combines the precision of AI with human expertise to deliver unparalleled access to proprietary data, in-depth analysis, and curated insights, enabling executives to make informed decisions, enhance productivity, and drive growth. We tackle critical focus areas with targeted solutions for fraud and identity, cybersecurity, trust and safety, financial crimes compliance, and privacy and consent management. Trusted by industry leaders and innovators at top public and private companies and investment firms to navigate market complexities and thrive confidently and clearly. For more information, visit us at Liminal.co . Media Contact: Stacy Beddoes Liminal media@liminal.co 1 (602) 616-9818 View original content to download multimedia: https://www.prnewswire.com/news-releases/liminal-forecasts-third-party-risk-management-solutions-market-to-hit-19-9-billion-by-2030--302332870.html SOURCE Liminal Strategy, Inc.The biggest sales event of the year is technically over. Black Friday mattress sales took place on 29th November and saw some of the largest discounts on beds that we'd seen for the year. But if you missed out, fear not! Cyber Monday is here and although it, too, is soon coming to a close, many of the Black Friday deals that have carried over are still kicking. As Black Friday sales become more popular, many firms choose to keep their deals rolling until Cyber Monday and often into the week following. Right now we're seeing some big savings on some of the best mattresses from Emma, Simba, and more. If you're keen to pick up a new mattress this week, these are the offers you need to see. Read on for the best deals still available in the Cyber Monday mattress sales. Is Cyber Monday a good time to buy a mattress? Yes! The sales you'll find on Cyber Monday are largely the same as what is offered during Black Friday mattress sales , with many of the discounts rolling through the following week. These are typically the best deals you'll see year-round, with many brands cutting prices by up to 50%. If you're not ready to purchase just yet, then you might want to wait for Boxing Day sales, the next big sales period that will offer good savings on top-rated mattresses.
One expert trader, who has an extreme opinion, says SHIB could rise by an amazing 2,700%. He feels that 2025 could be an influential year for Shiba Inu and can value it at $0.000783. Though SHIB's meme-based appeal is indisputable, another challenger in the cryptocurrency arena is Rexas Finance (RXS). The trader adds that RXS is set to outperform SHIB as it aims at real-world asset tokenization with a price target of $43.75 in 2025. Rexas Finance (RXS): A Crypto Rising Star Shiba Inu's performance in the last thirty days is quite commendable as it traded at $0.000029 with a growth of 66.67% within that period. However, traders indicate that RXS demonstrates even stronger bullish potential compared to SHIB. Currently priced at $0.125 in stage 9 of its presale, Rexas Finance is among the most fascinating new projects on the blockchain. From its starting price of $0.030 during stage 1 of the presale, Rexas Finance has experienced an amazing 320% increase in a few months. With 294 million RXS tokens already sold, the presale has raised an amazing $21.28 million as of right now. The significant news is that far exceeding Shiba Inu's prospective climb, Rexas Finance is expected to soar a startling 35,000% to reach $43.75 in 2025. SHIB and RXS differ mostly in Rexas Finance's utility-oriented approach. Although Shiba Inu is still just a meme coin, Rexas Finance is positioned as a real-world asset tokenizing tool leveraging the enormous potential of sectors, including real estate, gold, and collectibles. The Potential of Real-World Asset Tokenization Rexas Finance is a new platform, not just another cryptocurrency. Using blockchain technology, Rexas Finance hopes to democratize access to real-world assets, including real estate (worth an estimated $379.7 trillion), gold ($121.2 trillion), and art/collectibles ($65 billion yearly). Rexas Finance enables anyone anywhere in the globe to invest in and own a piece of these assets with just a few clicks, whether full ownership or fractional ownership. Furthermore, the Rexas ecosystem gives consumers tools like the Rexas Token Builder, which lets anyone quickly tokenize their assets without creating one line of code. Using the increasing interest in asset-backed tokenization, the Rexas Launchpad presents a chance for investors and entrepreneurs to generate money for their initiatives. Rexas Finance boasts a huge addressable market with trillions of dollars in possibilities from its 1 billion RXS token total. Before the token formally launches on three out of the top 10 tier-1 exchanges in 2025, the price is predicted to climb by another 60%, with the Rexas Finance presale currently in its later phases. For investors looking to be exposed to the future of blockchain technology, this places RXS as a top investment prospect. Why Investors Should Consider RXS Now Apart from its innovative method of tokenizing actual assets, Rexas Finance distinguishes itself for its community-centric approach. Unlike many initiatives depending on venture finance, Rexas Finance has concentrated on creating a network of ordinary investors endorsing the project's goal. This method has enabled the project to generate money without compromising its vision or control. Rexas Finance has been audited by Certik, guaranteeing that the platform is reliable and safe, enhancing its reputation. Rexas Finance has also been included on CoinMarketCap and CoinGecko, increasing its profile and enabling investors to monitor the token's development instantly. With 20 winners slated to get $50,000 worth of RXS each, the ongoing $1 million RXS giveaway has already drawn 372,443 submissions. Investors may maximize this great possibility and raise their chances of winning by helping with the campaign and the prize. Although Shiba Inu is still preferred for meme coin enthusiasts, Rexas Finance presents a convincing substitute for investors searching for a utility-based, long-term enterprise with practical use. With forecasts of a 35,000% increase by the same year, Rexas Finance (RXS) has even more fascinating possibilities for development as Shiba Inu is expected to see notable increases in 2025. Before its presale ends, now is the time to buy Rexas Finance at $0.125, whether your goal is to diversify your portfolio or invest in the future of blockchain. Join the Rexas Finance presale today to seize the chance to be part of this innovative business and set yourself up for significant gains in the next years. Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.John Swinney booed and called ‘traitor’ at Alex Salmond memorial service
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Introducing: An Outperforming Investment Tool to Help You Game the MarketFrance celebrated the re-opening of Notre Dame cathedral on Saturday at a special church service that featured a standing ovation for the firefighters who saved the 12th-century landmark from destruction during a 2019 blaze. A two-hour service attended by incoming US president Donald Trump among other world leaders began with the archbishop of Paris knocking on the doors of the cathedral three times. "Notre Dame, model of faith, open your doors to bring together the far-flung children of God in joy," archbishop Laurent Ulrich commanded, banging with a wooden staff crafted from a roof beam that survived the inferno five years ago. Trump could be seen sitting on the front row as guest of honour next to French President Emmanuel Macron, with invitees marvelling at the freshly cleaned walls, new furniture and state-of-the-art lighting installed as part of the overhaul. In a short speech, Macron expressed the "gratitude of the French nation" for the restoration work, achieved at frenzied speed over the last five years. France had "rediscovered what great nations can do -- achieve the impossible", he said. One of the most moving moments came when firefighters in their protective gear walked through the congregation to thunderous applause as the word "Merci" ("Thank you") was beamed on the intricate facade and famous belltowers of the Gothic masterpiece. Small crowds of Parisians and tourists braved wet weather and high winds outside to witness the renaissance of a monument, which came close to collapsing due to the intensity of the inferno that toppled its roof and spire. "I find it really beautiful, even more so now that the spire has been restored," Marie Jean, a 27-year-old dentist from southwest France, told AFP outside. The reconstruction effort cost around 700 million euros ($750 million), financed from donations, with the re-opening achieved within a five-year deadline despite predictions it could take decades. Workers had to overcome problems with lead pollution, the Covid-19 epidemic, and the army general overseeing the project falling to his death while hiking in the Pyrenees last year. Saturday's service featured classical music, the cathedral's choir as well as the "re-awakening" of the 8,000-pipe organ which is considered the voice and soul of the cathedral. A televised public concert planned outside featuring Chinese piano virtuoso Lang Lang and possibly US singer and fashion designer Pharrell Williams had to be pre-recorded on Friday night because of the stormy weather. Held up as an example of French creativity and resilience by Macron, Notre Dame's renaissance so soon after the fire comes at a difficult time for the country. The sense of national accomplishment in restoring a symbol of Paris has been undercut by political turmoil that has left France without a proper government since last week when prime minister Michel Barnier lost a confidence vote. Macron is hoping the re-opening might provide a fleeting sense of national pride and unity -- as the Paris Olympics did in July and August. He scored a major coup by attracting Trump along with around 40 heads of state and government, including Ukrainian leader Volodymyr Zelensky, who was given a round of applause as he entered Notre Dame. Macron hosted three-way talks with Zelensky and Trump at the presidential palace shortly before the ceremony, with future US military support for Ukraine's war effort against Russia's invasion expected to have been discussed. Trump has vowed to end the nearly three-year Ukraine war when he takes office on January 20, sparking fears in Kyiv that he will force Ukraine to make territorial concessions to Russia. "It seems like the world is going a little crazy right now and we will be talking about that," Trump told reporters as he prepared to sit down for talks with Macron. One surprising absentee on Saturday was Pope Francis, the head of the Catholic Church. He sent a message addressed to the French people and weighed into a row about whether the place of worship and tourist attraction should remain free to enter. The "immense" numbers set to visit Notre Dame should be welcomed "generously and free of charge", he said, clearly opposing a proposition from the French culture ministry to charge for entry. The exact cause of the 2019 blaze has never been identified despite a forensic investigation by prosecutors, who believe an accident such as an electrical fault was the most likely reason. On Sunday, the first mass with 170 bishops and more than 100 Paris priests will take place at 10:30 am (0930 GMT), followed by a second service in the evening at 6:30 pm which will be open to the public. adp-sjw/jj Get any of our free email newsletters — news headlines, sports, arts & entertainment, state legislature, CFD news, and more.
Ruud van Nistelrooy ‘disappointed’ and ‘hurt’ after cutting ties with Man UtdVan Nistelrooy returned to Old Trafford as Erik ten Hag’s assistant in the summer and had a four-game interim spell in charge following his compatriot’s sacking in October. He left the club in the wake of Ruben Amorim’s appointment but was only out of work for two weeks after being appointed Leicester’s new manager on a deal until 2027. The 48-year-old had a glittering playing career with United and was disappointed his return had to end so soon. “The moment I took over the interim job what I said was I’m here to help United and to stay to help United, and I meant it,” he said. “So I was disappointed, yeah, very much so, and it hurt I had to leave. “The only job I would take as an assistant was at United because of the bond that I have with the people in the club and the fans. “But in the end I got my head around it because I also understand the new manager. I’m in football long enough, and I’ve managed myself, that you can think of a situation, me being there, I understand. “I spoke to Ruben about it, fair enough to him, the conversation was grateful, man to man, person to person, manager to manager, and that helped a lot to move on and straightaway get into talks with new possibilities which of course lifted my spirits.” The Dutchman takes on a difficult job at the King Power Stadium as he is tasked with keeping Leicester in the Premier League. He inherits an influential dressing room, which has seen a number of managers come and go over the last few years. Ruud's here for his first press conference as our Manager 😃 pic.twitter.com/A4Juixvorb — Leicester City (@LCFC) December 2, 2024 Van Nistelrooy revealed he has done his due diligence and also let the players know as well. “It’s the only way you can work. It’s mutual respect. I also mentioned to the players yesterday that I looked at the squad and started to make phone calls about players, because in football everyone knows everyone,” he said. “With two or three phone calls you hear stories about 20 players and for me it was important that you hear there are good characters there. That’s important, that there are good people there. “I look at the players how they play. I obviously don’t know them but I got general information and the individuals that they are a good bunch of people. That was important for me to get in.”
The Japanese tech titan SoftBank will invest $100 billion in the United States, creating at least 100,000 jobs, US President-elect Donald Trump said Monday, in a boost to his incoming administration. “This historic investment is a monumental demonstration of confidence in America’s future,” Trump said during a press conference at his Mar-a-Lago residence in Florida. “It will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown right here in the USA,” added Trump, who takes office from US President Joe Biden next month. Speaking alongside Trump, SoftBank’s chief executive Masayoshi Son confirmed the investment company’s financial commitment and pledged to create 100,000 jobs, adding that Trump’s victory had “tremendously increased” his confidence in the American economy. “I am truly excited to make this happen,” added Son, 67. – Second commitment – The announcement from Son is around double the amount he committed SoftBank to in December 2016, shortly before Trump began his first term as president. The Japanese firm ultimately parted with close to $100 billion through its Vision Fund, with much of the money supplied by sovereign wealth funds in Saudi Arabia and the United Arab Emirates. “President Trump is a double-down president,” Son said on Monday, adding: “I’m going to have to double down.” Stephen Moore, an economic advisor to Donald Trump, said the announcement marked a “great day.” “The importation of capital into the US is a huge leading indicator for jobs and prosperity to come,” Moore, an economist at the conservative Heritage Foundation, told AFP in a message. – Cutting red tape – Related News Syria: Blinken arrives in Turkey for talks US imposes trade restrictions on China, Russia firms US offers $10m reward for wanted Chinese hacker Son made his name with successful early investments in Chinese e-commerce titan Alibaba and internet pioneer Yahoo, but has also bet on catastrophic failures such as WeWork. He has repeatedly said that “artificial superintelligence” will arrive in a decade, bringing new inventions, new medicine, new knowledge and new ways to invest. Last month, CNBC reported that ChatGPT creator OpenAI will enable its employees to sell shares worth roughly $1.5 billion to SoftBank. The SoftBank Group posted a bumper second-quarter net profit last month, returning to the black after net losses in the first quarter and the previous financial year. Son’s announcement is a boost to the incoming Trump administration, which takes office on January 20, 2025. On the campaign trail, Trump pledged to boost the US economy by cutting red tape and fast-tracking investments, including into the oil and gas sector. Some analysts have voiced concerns that several Trump proposals, such as slapping new tariffs on US imports and deporting millions of undocumented workers, could hurt growth and cause a spike in inflation. “The increased likelihood of substantial new tariffs on US imports would have the most consequential effect on economic growth,” economists at Wells Fargo wrote in a recent note to clients, adding they had “bumped up” their inflation outlook and slightly cut their GDP forecast. Other analysts say the level of economic pain caused by Trump’s tariff plans will largely depend on how widespread they are. “The impact on inflation need not be particularly significant for monetary policy,” economists at Goldman Sachs wrote in a recent investor note. But, they added “this could change if the White House imposes a 10% universal tariff,” referring to one of Trump’s proposals on the campaign trail. AFPIn a world where personal interests and financial strategy often come without lines, lifestyle investing is now placed at the center stage today. Imagine being able to grow your wealth when pursuing something you love — be it sustainable living, cutting-edge technology, health and wellness, or lifestyle investing. Knowing that you have sources such as an Amazon stock chart shedding light on market trends only helps with well-structured decision-making that aligns with what you love. This way of investing not only makes the game exciting but also helps you take activities you enjoy and make them sound smart financial decisions. Are you ready to change the direction of your investment? Take a closer look at how you can embrace lifestyle investing! How to Embrace Lifestyle Investing with Smart Financial Choices? Lifestyle investing is about creating a portfolio that reflects who you are as a person. An investor would love to invest in an industry or a company that resonates with his passion, hobby, or interest. For instance, if he is an environmentalist, he will be keen on renewable energy or eco-friendly product-based company investment opportunities. Similarly, technology enthusiasts will want to be in advanced tech startups. This investment philosophy will not only meet the emotional needs of the person but will result in an entire chain of smarter financial decisions. When investors have an actual interest in the sectors they invest in, they tend to be better updated on market trends and thus make better choices in the long run. This way, investment can be pretty enjoyable, and more innovative financial decisions are facilitated. Here’s how you should embrace lifestyle investing effectively. 1. Identify Your Passions The first step to lifestyle investing is discovering what really gets you excited. Think about your interests, hobbies, and values. Do you find sustainability interesting? Are you a techie? Or perhaps you are deeply vested in health and wellness? These passions will serve as the basis for your investment strategy. 2. Research Relevant Industries Once you get a sense of your passions, look into sectors that fall under those. If it’s technology, you can look at renewable energy tech or health-tech innovations. You can use stock charts to see where companies in those sectors are headed: chart analyzers such as the Amazon stock chart can give you some insights regarding trends in e-commerce. 3. Evaluate Market Trends Knowledge of market trends is crucial to good lifestyle investing. This will keep you up-to-date on current industry news, let you know about the latest market analyses, and connect with communities aligned with your interests. This will enable you to stay informed about new trends in sectors you’re following, such as sustainable products or the latest tech innovations. That way, you will be better equipped to make the best choices for yourself. 4. Diversify Your Portfolio It is very important to focus on the things you are most passionate about, but diversification can also help protect you from many risks. Your portfolio should aim for a good mix of companies across various fields; for instance, you love fitness and technology. You might be interested in investing in fitness app startups and sustainable tech firms. This way, your investment can provide you with maximum returns while also securing it from your market fluctuation. 5. Leverage Data Tools Any kind of investment strategy requires you to integrate data into it. Monitor your investments using the various stock charts and analytics tools available. For instance, if you’re analyzing Amazon’s stock chart, you might notice some trends in e-commerce. Look for these metrics across the companies in which you are invested and measure them regularly so you know what to look for. 6. Engage with Communities Another lifestyle investing benefit is the opportunity to connect with like-minded people. Join forums, social media groups, or investment clubs localized to your area of interest. Interaction with these communities can be a rich source of insights, tips, and the emotional support needed to move forward as you journey through the investments. 7. Be Patient and Committed Investing is a marathon, not a sprint! Lifestyle investing requires patience since trends may take longer to materialize. You must not lose heart in case your investment declines day-to-day, but rather, stick to your strategy. Keep the long-term goals in mind and remind yourself that the journey to the destination is equally important. 8. Perpetual Learning Remember that the investment landscape constantly changes, so learn in a regular manner. Read books, seek learnings from industry experts, and keep abreast with market development regarding your areas of interest. The more you know, the better you will be at making sense investment decisions. Lifestyle investing will enable you to blend your passions with smart financial choices, and that’s a very fulfilling journey. You can follow these steps, which include identifying your passions, researching sectors, trend analysis, portfolio diversification, data tools, engaging communities, patience, and continuous self-education on building a portfolio aligned for financial prosperity. Just let the passion guide you as you embark upon the process of investing in things that bring you joy.
BARCELONA, Spain (AP) — Barcelona lost at home for the first time this season when the Liga leader was stunned by Las Palmas 2-1 on Saturday. Sandro Ramirez and Fábio Silva scored for the Canary Islands club on either side of Raphinha’s equalizer to give Las Palmas its first win at Barcelona in more than 50 years. Barcelona played superbly in the first three months under new coach Hansi Flick and was flying high after convincing victories over Real Madrid in the domestic competition and Bayern Munich in the Champions League. It had won all eight of its home games. But it has gone three rounds of La Liga without a win. Before Las Palmas, it fell at Real Sociedad 1-0 and drew at Celta Vigo 2-2 after squandering a two-goal lead in the final minutes. The dropped points mean Madrid, despite its own troubles , especially in the Champions League, can move ahead of Barcelona in La Liga. It trails Barcelona by four points with two games in hand. “I don’t care about scoring, I care about winning,” Raphinha said after his standout performance was unable to end Barcelona's slump. “We have to take a hard look at what we are doing wrong. We have slipped in our form and are letting games get away form us. We have our next game on Tuesday (at Mallorca), and we need to turn this around so we can win the league.” Atletico Madrid was only two points behind Barcelona in second place — and with the same number of games played — after Antoine Griezmann scored a gem of a goal in a 5-0 demolition of last-placed Valladolid. Las Palmas savored its first victory at Barcelona since the 1971-72 season and just its third victory at the Catalan club overall. The other visits by the modest side that wears all yellow uniforms to Barcelona have ended in 34 defeats and three draws. “We are thrilled because we have made history,” Sandro said. “When you start the season you think that these games are usually going to end in wins for the bigger side, but if there is one thing we believe in is our capacity to work hard all week to get results like this.” Barcelona's Lamine Yamal returned from a right ankle injury that sidelined him for three weeks. Yamal appeared as a halftime substitute and Jasper Cillessen saved his best shot. The Las Palmas goalkeeper also palmed a Raphinha free kick over his bar in the final minutes. Sandro, a former Barcelona youth player, capped a fine five-pass buildup by Las Palmas from its own box as it masterfully undid Barcelona’s high pressure in the 49th minute. Raphinha had already hit the crossbar in the first half before he equalized in the 61st. The Brazil forward took a short pass from Pedri just outside the area, skirted across the edge and drilled a shot between two defenders. But Barcelona was caught pushing forward for a second goal when Silva controlled a ball from Javi Muñoz and sent in a shot bouncing past Iñaki Peña in the 67th. The unexpected loss dampened Barcelona’s celebration of its 125th anniversary, which included the debut of its new mascot “Cat,” a large, yellow feline wearing its team kit. Barcelona lost left back Alejandro Balde early in the game when he couldn’t continue after he crashed into Sandro at full speed. Balde appeared to hurt his upper chest or neck area when he ran into Sandro’s shoulder. He was carried off on a stretcher and replaced by Gerard Martín. Griezmann scored one of the goals of the season when the forward exchanged a quick one-two with Julián Alvarez and used a sleek touch of the inside of his boot to roll the ball with him as he spun before dinking it over the Valladolid goalkeeper. That was the visitor's fourth goal. Shortly after, Valladolid fans stood up and applauded when Griezmann was substituted. “That is what every players wants, to make people enjoy what we do. So I appreciate their warmth,” Griezmann said. Atletico also got goals from Alvarez, Clement Lenglet, Rodrigo de Paul, and Alexander Sorloth. Espanyol beat Celta 3-1 to end a streak of four losses in the league and relieve pressure on coach Manolo González. Alaves also drew with Leganes 1-1 at home. AP soccer: https://apnews.com/hub/soccer
President Anura Kumara Dissanayake yesterday met with small and medium-scale rice mill owners to address pressing issues in the rice supply chain. The discussion focused on ensuring an affordable and uninterrupted supply of rice to consumers during the coming months as concerns over shortages loom. The President stressed the importance of strengthening storage facilities to prevent supply disruptions and explored immediate measures with mill owners to stabilise the market. Additionally, the declining availability of Nadu rice – a staple variety increasingly diverted for value added products – was highlighted as a critical issue. President Dissanayake also proposed implementing a QR code system to streamline the distribution of fertiliser subsidies, ensuring targeted support for farmers. The discussion comes amidst the Cabinet of Ministers last week approving the importation of 70,000 tons of Nadu rice to address the current market shortage. The imports sourced through competitive bidding, expected to arrive by 15 December, are slated to be sold at a controlled price of Rs. 220 per kilo to ensure affordability during the festive season. As per Trade, Commerce, Food Security and Cooperative Development Minister Wasantha Samarasinghe, the distribution of the rice stock will be made through the two State-run enterprises – Cooperative Wholesale Establishment (CWE), also known as Sathosa, and Sri Lanka State Trading (General) Corporation. LakSathosa Chairman Dr. Samitha Perera, Ministry officials, and small and medium-scale rice mill owners attended the discussion.Olema: Cash Infusion And Supply Agreement With Novartis Carries The Tide Forward