
Enstar Group Ltd, the Bermudian-based insurer, has completed the previously announced transaction between Cavello Bay Reinsurance Ltd, its wholly owned subsidiary, and certain subsidiaries of island-headquartered James River Group Holdings Ltd. The announcement follows receipt of the relevant regulatory approval and satisfaction of the other closing conditions. The deal was announced last month. Under the terms of the adverse development cover agreement, Enstar’s subsidiary has provided $75 million of limit in excess of the existing $160 million ADC reinsurance coverage provided to such subsidiaries of James River by State National Insurance Company Inc earlier this year. The transaction provides further protection against future adverse reserve development for certain US casualty exposures within James River’s Excess & Surplus Lines segment for accident years 2010 to 2023. Enstar’s subsidiary also closed on its previously announced $12.5 million investment in James River common stock.Pakistani police arrest thousands of Imran Khan supporters ahead of rally in the capital
Is Enron back? If it's a joke, some former employees aren't laughingOur community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Stephen Robinson heaped praise on shock troops Aberdeen – but is confident his Buddies will meet the moment this weekend. St Mirren return to Premiership action following the international window with the unbeaten Dons arriving at the SMiSA Stadium. Club chiefs reported that over 7,200 tickets had been sold while the Red Army are expected to snap up their entire allocation. Only goal difference keeps Aberdeen off top spot but, while Saints boss Robbo is impressed with the work of counterpart Jimmy Thelin, he reckons his own team can producing a winning performance. He said: “I think Aberdeen have had a terrific start. There wasn’t a lot in the first game we played them but they have grown since then. The results have been fantastic so credit to the manager and the players but also to Dave Cormack [chairman], the board and Alan Burrows [chief executive] for the backing they have given financially. You have to admire and respect that. “They have a really good squad so that after 60-70 minutes, they change it. They have a real energy coming off the bench. Renfrewshire Live, the new free app dedicated to bringing you around the clock breaking news, is now available to download. Powered by the Paisley Daily Express, Renfrewshire Live is your go-to source for news, features and sport with live coverage provided direct to the app, seven days a week. The dedicated team of experienced journalists, responsible for the publication of the award-winning Express, will focus on breaking news, day and night, across Renfrewshire’s towns and villages. There is also a dedicated St Mirren section that will follow every kick of the ball with the Buddies. Available on both Android and Apple. D ownload here: smarturl.it/RenfrewLiveSocial “Not loads has changed but the changes have been very positive. A lot of the players were already there and he seems to be getting the very best out of people. Credit to him for coming in and adjusting to the Scottish game straight away. He has been a huge success. “We’re facing a team that is really in form and staying on the tails of Celtic but we’re looking forward to it. We’re confident at home and confident in how we’re playing at the moment.” Saints have their sights set on a mini rebuild in the new year following the departures of experienced players. “We have a tough run now until March but we will add to the squad in January,” Robbo acknowledged. “There will be money available to bolster the squad again. We’ve got targets and you need a long, long list when you’re St Mirren manager because most of them disappear for financial reasons or because they don’t want to come to Scotland.” Robbo says back-up keeper Peter Urminsky has agreed a contract extension but isn’t hopeful Richard Taylor and Toyosi Olusanya will accept deals currently on the table. “There’s been no further progress,” he added. “It looks at this moment in time that we won’t be able to come to an agreement which we respect. “We won’t give up. We will see where we are come the end of January, and to see if we can go further, but they are very good offers from the football club so I’m not sure we can.” New short-term signing Declan John looks set to feature in Saturday's matchday squad while Alex Iacovitti has resumed training following a serious hamstring injury but fellow centre-back Charles Dunne (hamstring) is still out. He said: “Declan played a 90-minute [bounce] game against Kilmarnock so he has that under his belt. Now it’s about getting him up to speed but he has shown his quality.” Meanwhile, over in Norway, SK Brann appear on the verge of clinching the Eliteserien title. The Bergen men – who beat Saints 4-2 on aggregate in the third qualifying round of the UEFA Conference League – are two points clear at the top with just two games remaining. On Saturday, Brann travel to Molde FK while second-placed Bodo/Glimt visit rock-bottom Odd and Robbo insists Saints can look back fondly on well they performed against a top team clearly going places. “They had very good technical players,” he reflected. “I watched their warm-up and it scared the life out of me. “The second game showed what a good performance we had. You can look back with pride and you can see that it is a really competitive league and they are a really talented side.” Don't miss the latest Renfrewshire headlines – sign up to our free daily newsletter here
Man, 31, charged with murder after double homicide at burger bar in SydneyWLM6-400A-3300: Reliable Thermal Magnetic MCCB 12-26-2024 05:28 PM CET | Industry, Real Estate & Construction Press release from: ABNewswire Moulded Case Circuit Breakers (MCCB) are essential components in electrical systems, providing protection against overcurrent, short circuits, and other electrical faults. Among the advanced solutions in this category is the WLM6-400A-3300 3P/4P [ https://www.w9-group.com/wlm6-400a-3300-3p-4p-wlm6-series-400vac-thermal-magnetic-type-moulded-case-circuit-breaker-400v-690v-400a-3-4-poles-product/ ], a thermal magnetic type MCCB. This breaker is designed to operate in both thermal and magnetic modes, ensuring robust protection and reliability. Image: https://ecdn6.globalso.com/upload/p/1205/image_product/2024-11/1-43.png Key Features of WLM6-400A-3300 [ https://www.w9-group.com/wlm6-400a-3300-3p-4p-wlm6-series-400vac-thermal-magnetic-type-moulded-case-circuit-breaker-400v-690v-400a-3-4-poles-product/ ] * Rated Current: 400A * Number of Poles: 3P / 4P * Rated Working Voltage: 400V/690V * Type: Thermal Magnetic * Series: WLM6 Series Technical Specifications * Rated Current (In): 400A * Number of Poles: Available in 3P (three poles) and 4P (four poles) configurations. * Rated Working Voltage: 400V/690V, suitable for a wide range of applications. * Breaking Capacity: High breaking capacity ensures safe interruption of high fault currents. * Thermal Operation: Protects against prolonged overcurrent conditions by utilizing a bimetallic strip that bends and trips the breaker. * Magnetic Operation: Provides instant protection against short circuits using an electromagnetic mechanism. Functionality The WLM6-400A-3300 MCCB (Moulded Case Circuit Breaker) is designed to provide comprehensive protection to electrical circuits. Its functionality is built on two primary protective mechanisms: thermal and magnetic. Here's how each function operates: Thermal Protection * Operation: The Thermal MCCBbprotection feature uses a bimetallic strip that responds to sustained overcurrent conditions. When the current flowing through the MCCB exceeds its rated value (400A) for an extended period, the bimetallic strip heats up and bends. * Mechanism: The bending of the strip triggers the trip mechanism, disconnecting the circuit. This prevents overheating and potential damage to the electrical components due to prolonged overcurrent. * Application: This is particularly useful in preventing overheating in scenarios where a gradual increase in current occurs, such as in overloaded circuits. Magnetic Protection * Operation: The magnetic protection feature uses an electromagnetic coil to respond to instantaneous overcurrent, such as short circuits. When a short circuit occurs, the high current generates a strong magnetic field in the coil. * Mechanism: The magnetic field rapidly moves a plunger or lever that triggers the trip mechanism, disconnecting the circuit almost instantly. * Application: This rapid response is crucial in protecting electrical systems from the severe damage that can result from short circuits, which can cause fires and equipment failure. Image: https://ecdn6.globalso.com/upload/p/1205/image_product/2024-11/2-39.png Applications The WLM6-400A-3300 MCCB is versatile and suitable for a wide range of applications across various industries. Here are some common scenarios where this MCCB can be effectively utilized: Industrial Applications * Manufacturing Plants: In industrial settings where large machinery and equipment operate, the MCCB provides essential protection against overcurrent and short circuits, ensuring the safety of both equipment and personnel. * Power Distribution: It is used in power distribution systems to safeguard electrical panels and subpanels from faults that could disrupt operations and damage infrastructure. Commercial Applications * Building Management Systems: In commercial buildings, the MCCB protects electrical systems in offices, shopping centers, and other facilities, ensuring uninterrupted power supply and safety. * HVAC Systems: The MCCB is crucial for protecting heating, ventilation, and air conditioning (HVAC) systems from electrical faults that could lead to system failure and costly repairs. Residential Applications * Main Electrical Panels: In residential settings, the MCCB is used in main electrical panels to protect household circuits from overcurrent and short circuits, providing safety and preventing potential fire hazards. * High-Power Appliances: It is also used to safeguard high-power appliances, such as electric stoves and water heaters, from electrical faults. Renewable Energy Systems * Solar Power Systems: The MCCB is used in solar power installations to protect the circuits that connect solar panels to inverters and batteries, ensuring safe and reliable operation. * Wind Turbines: In wind energy systems, it protects electrical components from faults caused by fluctuating power generation and other issues. Thermal Protection The thermal protection feature operates using a bimetallic strip that responds to prolonged overcurrent. When the current exceeds the rated value for a specific duration, the bimetallic strip heats up, bends, and trips the breaker. This prevents overheating and potential damage to the electrical system. Magnetic Protection The magnetic protection feature is designed to respond instantaneously to short-circuit conditions. An electromagnetic coil generates a magnetic field that triggers the tripping mechanism, ensuring rapid disconnection of the circuit. This helps to prevent severe damage and potential fire hazards caused by high fault currents. Design and Construction * Compact Design: The WLM6-400A-3300 MCCB features a compact and robust design, making it suitable for installation in various environments. * High Durability: Constructed with high-quality materials, this MCCB offers excellent mechanical and electrical endurance. * Ease of Installation: Designed for easy installation and maintenance, it includes clear labeling and accessible terminals. Compliance and Certifications The WLM6-400A-3300 MCCB complies with international standards such as IEC, ensuring that it meets stringent safety and performance requirements. It also holds various certifications that attest to its quality and reliability. Image: https://ecdn6.globalso.com/upload/p/1205/image_product/2024-11/3-18.png Company Overview: W9 Group Technology Electronic Co., Ltd. W9 Group Technology Electronic Co., Ltd., established in 2024, is headquartered in Yueqing Wenzhou, a city renowned for its electrical appliances in China. The company integrates trading, manufacturing, research, and development, occupying a total factory area of 37,000 square meters. With annual sales reaching 500 million RMB, W9 Group is a significant player in the electrical industry. Core Brands * JIUCE (MCB): Focuses on miniature circuit breakers. * WL (MCCB): Specializes in moulded case circuit breakers. * WE (ACB): Known for air circuit breakers. Commitment to Quality W9 Group is committed to delivering high-quality, cost-effective solutions to its customers. The company has taken the lead in obtaining ISO9001, ISO140001, and OHSAS18001 certifications. Its products comply with IEC international standards and hold over a hundred product patents. Global Reach W9 Group's products are marketed throughout China and exported to over 20 countries, including Iran, the Middle East, Russia, Australia, and the United Kingdom. The company aims to provide better prices, quality, and competitive products globally, ensuring customer satisfaction and peace of mind. Advanced Testing Facilities W9 Group boasts advanced quality inspection equipment, including a GPL-3 high and low-temperature alternating humidity and heat test chamber. This facility allows for independent inspection of mechanical life, short circuit short delay, and overload long delay of products. Additionally, the company tests the flame retardancy, pressure resistance, and copper plating of components to meet stringent quality standards. The WLM6-400A-3300 3P/4P WLM6 Series MCCB [ https://www.w9-group.com/wlm6-400a-3300-3p-4p-wlm6-series-400vac-thermal-magnetic-type-moulded-case-circuit-breaker-400v-690v-400a-3-4-poles-product/ ] is an advanced, reliable solution for protecting electrical systems against overcurrent and short circuits. With its robust design, high breaking capacity, and compliance with international standards, it is an excellent choice for various applications. Backed by W9 Group's commitment to quality and innovation, this MCCB ensures safe and efficient operation in any electrical system. Media Contact Company Name: W9 group Technology Electronic Co,. Ltd. Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=wlm6400a3300-reliable-thermal-magnetic-mccb ] Phone: +8615906878798 Address:No. 36, Punan Second Road, Yueqing Economic Development Zone City: Wenzhou State: Zhejiang Country: China Website: https://www.w9-group.com/ This release was published on openPR.
Gurgaon: The final survey for the new metro line between Millennium City Centre and Cyber City started on Thursday. Officials said they "hope to complete" the survey in 15 days. On Tuesday, chief minister Nayab Singh Saini announced that the construction work would begin on May 1 next year and will take four years to complete. It will be the first metro extension project to come up in the city in seven years. A team of officials from Systra India — appointed as the detailed design consultant for the metro project, along with officials from Gurugram Metro Rail Limited (GMRL), GMDA and DHBVN — carried out the survey of the route between Millennium City Centre and Cyber Park. During the survey, officials identified underground utilities, including water pipelines, stormwater drainage, sewer networks, treated water pipelines, power utilities and other infrastructure that fall along the alignment of the proposed metro route. The officials said the findings will help map out necessary adjustments or relocations of utilities to accommodate the metro project construction. The ongoing survey will be completed within 15 days, following which the metro authority will finalise the proposed alignment and begin preparing estimates for utility relocation work. A GMRL official said, "We have started the final survey to finalise the alignment of the metro corridor and its 27 stations." "The alignment passes through high-density areas and assessing every utility — be it water pipelines, power lines, or drainage — is crucial before work begins. This will ensure minimal disruption during the project's execution," the official said. The GRML official said, "In some sections, the right of way has been adequately available, while others may require road widening. Similarly, there are HT towers that fall in the alignment and need to be relocated. We are hoping to complete the survey within the next 15 days. Only then will cost estimates be prepared for the utility shifting." The 2.2-km route (covered during the survey on Thursday) will also have a proposed station in Sector 45 besides Millenium City Centre and Cyber Park in Sector 39. These three stations will cater to the major residential and business hubs of Sectors 39, 41, 44 and 45. GPS technology is being used to map the exact location of metro stations and their infrastructure, including the entry and exit gates of each station. Additionally, a 500-metre buffer zone along the metro corridor's route and intersecting roads will be surveyed to facilitate smooth intermodal transfers. Stay updated with the latest news on Times of India . Don't miss daily games like Crossword , Sudoku , Location Guesser and Mini Crossword .
ATLANTA--(BUSINESS WIRE)--Dec 3, 2024-- Angel Oak Financial Strategies Income Term Trust (the “Fund”), a closed-end fund traded on the New York Stock Exchange under the symbol FINS, today declared a distribution of $0.109 per share for the month of December 2024. The record date for the distribution is December 17, 2024, and the payable date is December 31, 2024. The Fund will trade ex-distribution on December 17, 2024. The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to shareholders in the event that a portion of a monthly distribution is derived from sources other than undistributed net investment income. The final determination of the source and tax characteristics of these distributions will depend upon the Fund’s investment experience during its fiscal year and will be made after the Fund’s year end. The Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes. Angel Oak does not provide tax advice; shareholders should consult their tax advisor. A return of capital distribution does not necessarily reflect a fund’s investment performance and should not be confused with “yield” or “income.” ABOUT FINS Led by Angel Oak’s experienced financial services team, FINS invests predominantly in U.S. financial sector debt as well as selective opportunities across financial sector preferred and common equity. Under normal circumstances, at least 50% of FINS’ portfolio is publicly rated investment grade or, if unrated, judged to be of investment grade quality by Angel Oak. ABOUT ANGEL OAK CAPITAL ADVISORS, LLC Angel Oak Capital Advisors is an investment management firm focused on providing compelling fixed-income investment solutions to its clients. Backed by a value-driven approach, Angel Oak Capital Advisors seeks to deliver attractive, risk-adjusted returns through a combination of stable current income and price appreciation. Its experienced investment team seeks the best opportunities in fixed income, with a specialization in mortgage-backed securities and other areas of structured credit. Information regarding the Fund and Angel Oak Capital Advisors can be found at www.angeloakcapital.com . Past performance is neither indicative nor a guarantee of future results. Investors should consider the investment objective and policies, risk considerations, charges and ongoing expenses of an investment carefully before investing. For more information please contact your investment representative or Destra Capital Advisors LLC at 877.855.3434. © 2024 Angel Oak Capital Advisors, which is the investment adviser to the Angel Oak Financial Strategies Income Term Trust. View source version on businesswire.com : https://www.businesswire.com/news/home/20241203558524/en/ CONTACT: Media: Trevor Davis, Gregory FCA for Angel Oak Capital Advisors 443-248-0359 trevor@gregoryfca.comCompany : Randy Chrisman, Chief Marketing & Corporate IR Officer, Angel Oak Capital Advisors 404-953-4969 randy.chrisman@angeloakcapital.com KEYWORD: GEORGIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: Angel Oak Financial Strategies Income Term Trust Copyright Business Wire 2024. PUB: 12/03/2024 04:30 PM/DISC: 12/03/2024 04:30 PM http://www.businesswire.com/news/home/20241203558524/enRivers crisis: Wike spits fire over Fubara's bromance with popular PDP chieftains
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The furious contest to unseat Nvidia as king of AI chipsReno, Nev., Dec. 26, 2024 (GLOBE NEWSWIRE) -- American Battery Technology Company (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, today announced it has entered into securities purchase agreements with two institutional investors for the purchase and sale of 3,773,586 shares of its common stock and warrants to purchase up to an aggregate of 3,773,586 shares of common stock in a registered direct offering. The last closing market price was $2.60 per share and this intraday transaction had at a combined offering price of $2.65 per share and accompanying warrant, priced “at-the-market” under Nasdaq rules. The warrants have an exercise price of $2.80 per share , and will be exercisable immediately from the date of issuance and will expire five years from the initial exercise date. The gross proceeds of the offering will be approximately $10 million before deducting placement agent fees and other estimated offering expenses payable by the company. The closing of the offering is expected to take place on or about December 27, 2024, subject to the satisfaction of customary closing conditions. A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering. A shelf registration statement on Form S-3 (File No. 333-276329) relating to the offering of the securities described above was declared effective by the Securities and Exchange Commission (SEC) on June 24, 2024. The offering may be made only by means of a base prospectus and accompanying prospectus supplement. A prospectus supplement relating to the offering will be filed with the SEC. Electronic copies will be available on the SEC’s website at www.sec.gov or by contacting A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at prospectus@allianceg.com. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. About American Battery Technology Company American Battery Technology Company, headquartered in Reno, Nevada, has pioneered first-of-kind technologies to unlock domestically manufactured and recycled battery metals critically needed to help meet the significant demand from the electric vehicle, stationary storage, and consumer electronics industries. Committed to a circular supply chain for battery metals, ABTC works to continually innovate and master new battery metals technologies that power a global transition to electrification and the future of sustainable energy. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are "forward-looking statements." For example, the company is using forward-looking statements in this press release when it discusses the expected closing date of the offering and use of proceeds from the offering. Although the company’s management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, risks and uncertainties related to the company's ability to continue as a going concern; general economic conditions and conditions affecting the industries in which the company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the company's filings with the SEC, including the Annual Report on Form 10-K for the year ended June 30, 2024. The company assumes no obligation to update any of the information contained or referenced in this press release.
Many of Manmohan's initiatives marketed branded as his successor's contributions Jairam RameshAmazon Music Finally Has Its Own Version of Spotify Wrapped( MENAFN - GetNews) In the rapidly evolving world of technology, staying ahead of the curve is essential-especially for professionals in the cybersecurity field. Whether you're looking to enhance your skills, open doors to new opportunities, or specialize in a specific area of cybersecurity, InfosecTrain has just launched a series of new, cutting-edge courses designed to equip you with the knowledge and hands-on experience to take your career to the next level. InfosecTrain's latest offerings are tailored to tech-savvy professionals who are eager to tackle the challenges of an ever-changing digital landscape. Let's dive into the exciting new courses that are making waves in the cybersecurity industry: 1. CompTIA DataSys+ (DS0-001) Certification Training Data management and system security are becoming increasingly critical as businesses continue to generate massive amounts of data. If you're looking to specialize in data security, the CompTIA DataSys+ (DS0-001) certification is a must-have. This course is designed for IT professionals who want to gain expertise in the storage, management, and protection of critical data assets. What's in it for you? With the CompTIA DataSys+ certification, you'll be equipped to handle complex data systems, perform risk assessments, and implement robust data protection strategies. The training covers vital aspects of data management, such as data encryption, secure data handling practices, disaster recovery protocols, and how to ensure data availability and integrity. Why should you take this course? The CompTIA DataSys+ course offers practical, hands-on experience to ensure you're not just familiar with concepts, but able to apply them in real-world scenarios. As businesses become more reliant on data, the demand for skilled professionals who can manage and protect this data will only continue to grow. This certification will give you a competitive edge in fields like cloud computing, data protection, and IT infrastructure management. 2. EC-Council E|CSS Certification Training Course In today's world, cybersecurity attacks are becoming more sophisticated, and organizations need experts who can defend against these ever-evolving threats. Enter the EC-Council E|CSS Certification Training Course a dynamic program crafted to give you a deeper understanding of network defense strategies and ethical hacking methodologies. What's in it for you? The E|CSS course covers everything from secure network architecture to ethical hacking techniques that can be used to identify vulnerabilities and mitigate risks. As part of this comprehensive training, you'll learn how to use advanced tools to defend against cyberattacks, monitor and manage network security, and ensure compliance with international security standards. Why should you take this course? If you're interested in becoming a key player in your organization's cybersecurity defense, this course is a perfect fit. The EC-Council's reputation and the E|CSS certification will position you as an authority in cybersecurity, offering you the chance to work with some of the top organizations and tackle cybersecurity challenges at the highest level. 3. Splunk Practical Approach Training Course When it comes to handling large volumes of data in real-time, Splunk stands out as one of the most widely used and trusted platforms. InfosecTrain's Splunk Practical Approach Training Course is designed for cybersecurity professionals who want to develop a deep understanding of how to use Splunk for data analysis, monitoring, and security incident detection. What's in it for you? This course will teach you how to leverage Splunk's powerful features for log management, security data collection, real-time data monitoring, and security information and event management (SIEM). Through hands-on labs and real-world case studies, you'll gain practical experience using Splunk to uncover hidden threats and anomalies in network traffic. Why should you take this course? The Splunk Practical Approach Training Course is perfect for professionals looking to advance their skills in data analytics, security operations, and IT infrastructure management. With Splunk being a leading tool in the industry, expertise in this platform is highly sought after. This course is an investment in your future career as it will provide you with the practical skills needed to solve security challenges in real-time, making you an indispensable asset to any organization. 4. Generative AI Application Builder on AWS Training Course Artificial Intelligence (AI) has been a game-changer in various industries, and cybersecurity is no exception. The Generative AI Application Builder on AWS Training Course is InfosecTrain's newest offering, aimed at professionals who want to explore the intersection of AI and cloud computing, particularly in the realm of cybersecurity. What's in it for you? This course provides you with the tools and knowledge to build AI-driven applications on the AWS platform. You'll learn how to leverage AWS's AI tools to develop smart applications, including security models, threat detection algorithms, and data protection mechanisms. With a focus on generative AI, you'll also explore how AI can be used to automate and optimize cybersecurity tasks, making organizations more resilient against evolving threats. Why should you take this course? AI and cloud computing are two of the most powerful forces shaping the future of cybersecurity. By mastering Generative AI on AWS, you'll gain the ability to create innovative solutions that enhance security, streamline processes, and reduce human error. This course will equip you with cutting-edge skills that will position you at the forefront of cybersecurity innovation, enabling you to tackle tomorrow's challenges today. Conclusion InfosecTrain's newly launched courses CompTIA DataSys+ (DS0-001) Certification Training, EC-Council E|CSS Certification Training Course, Splunk Practical Approach Training, and Generative AI Application Builder on AWS Training Course are a perfect match for tech enthusiasts who are serious about advancing their careers in cybersecurity. These courses combine expert-led training, practical experience, and cutting-edge technology to ensure you're fully equipped to navigate the complexities of today's digital world. If you're looking to boost your cybersecurity career, these courses provide a comprehensive learning experience that will not only enhance your skillset but also increase your employability in the competitive tech market. Don't miss out on the opportunity to stay ahead of the curve and become a leader in the cybersecurity field. For more information or to enroll in any of these courses, visit InfosecTrain's website and take the next step in your cybersecurity career today! MENAFN26122024003238003268ID1109033582 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. 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ISLAMABAD (AP) — Pakistani police arrested thousands of Imran Khan supporters ahead of a rally in the capital to demand the ex-premier’s release from prison, a security officer said Sunday. Khan has been behind bars for more than a year and has over 150 criminal cases against him. But he remains popular and his political party, Pakistan Tehreek-e-Insaf or PTI, says the cases are politically motivated. Shahid Nawaz, a security officer in eastern Punjab province, said police have arrested more than 4,000 Khan supporters. They include five parliamentarians. Pakistan has sealed off Islamabad with shipping containers and shut down major roads and highways connecting the city with PTI strongholds in Punjab and northwestern Khyber Pakhtunkhwa provinces. Tit-for-tat teargas shelling between the police and the PTI was reported on the highway bordering Punjab and Khyber Pakhtunkhwa. Earlier on Sunday, Pakistan suspended mobile and internet services “in areas with security concerns.” The government and Interior Ministry posted the announcement on the social media platform X, which is banned in Pakistan. They did not specify the areas, nor did they say how long the suspension would be in place. “Internet and mobile services will continue to operate as usual in the rest of the country,” the posts said. Meanwhile, telecom company Nayatel sent out emails offering customers “a reliable landline service” as a workaround in the areas suffering suspended cellphone service. Khan's supporters rely heavily on social media to demand his release and use messaging platforms like WhatsApp to share information, including details of events. PTI spokesperson Sheikh Waqas Akram said Khan's wife Bushra Bibi was traveling to Islamabad in a convoy led by the chief minister of Khyber Pakhtunkhwa, Ali Amin Gandapur. “She cannot leave the party workers on their own,” said Akram. There was a festive mood in Peshawar, with PTI members dancing, drumming and holding up pictures of Khan as cars set off for Islamabad. The government is imposing social media platform bans and targeting VPN services , according to internet advocacy group Netblocks. On Sunday, the group said live metrics showed problems with WhatsApp that were affecting media sharing on the app. The U.S. Embassy issued a security alert for Americans in the capital, encouraging them to avoid large gatherings and warning that even “peaceful gatherings can turn violent.” Last month, authorities suspended the cellphone service in Islamabad and Rawalpindi to thwart a pro-Khan rally. The shutdown disrupted communications and affected everyday services such as banking, ride-hailing and food delivery. The latest crackdown comes on the eve of a visit by Belarusian President Alexander Lukashenko . Interior Minister Mohsin Naqvi said authorities have sealed off Islamabad's Red Zone, which houses key government buildings and is the destination for Khan's supporters. “Anyone reaching it will be arrested,” Naqvi told a press conference. He said the security measures were in place to protect residents and property, blaming the PTI for inconveniencing people and businesses. He added that protesters were planning to take the same route as the Belarusian delegation, but that the government had headed off this scenario. Naqvi denied cellphone services were suspended and said only mobile data was affected. Associated Press writers Riaz Khan in Peshawar and Asim Tanveer in Multan contributed to this report.How the stock market defied expectations again this year, by the numbersSYDNEY, Dec. 03, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (“IREN”) today announced its intention to offer, subject to market and other conditions, $300 million aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). IREN also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $45 million principal amount of notes. The notes will be senior, unsecured obligations of IREN, will accrue interest payable semi-annually in arrears and will mature on June 15, 2030, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in certain circumstances and during specified periods. IREN will settle conversions by paying or delivering, as the case may be, cash, its ordinary shares or a combination of cash and its ordinary shares, at its election. The notes will be redeemable, in whole or in part (subject to certain limitations), for cash at IREN’s option, on or after December 20, 2027 and on or before the 30th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of IREN’s ordinary shares exceeds 130% of the conversion price for a specified period of time and certain other conditions are satisfied. The redemption price will be equal to the principal amount of the notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the redemption date. If certain corporate events that constitute a “fundamental change” occur, then, subject to a limited exception, noteholders may require IREN to repurchase their notes for cash. The repurchase price will be equal to the principal amount of the notes to be repurchased, plus accrued and unpaid interest, if any, to, but excluding, the applicable repurchase date. The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering. IREN expects to use a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions and to fund the cost of entering into the prepaid forward transaction, each as described below. IREN intends to use the remainder of the net proceeds for general corporate purposes and working capital. In connection with the offering of the notes, IREN expects to enter into privately negotiated capped call transactions with one or more of the initial purchasers or their affiliates and/or one or more other financial institutions (the “option counterparties”). The capped call transactions are expected to cover, subject to anti-dilution adjustments, the number of ordinary shares of IREN that will initially underlie the notes. If the initial purchasers exercise their option to purchase additional notes, then IREN expects to enter into additional capped call transactions with the option counterparties. The capped call transactions are expected generally to reduce the potential dilution to IREN’s ordinary shares upon any conversion of the notes and/or offset any potential cash payments IREN is required to make in excess of the principal amount of converted notes, as the case may be, with such offset and/or reduction subject to a cap price. If, however, the market price per ordinary share of IREN, as measured under the terms of the capped call transactions, exceeds the cap price of the capped call transactions, there would nevertheless be dilution and/or there would not be an offset of such potential cash payments, in each case, to the extent that such market price exceeds the cap price of the capped call transactions. In addition, the capped call transactions will be solely cash settled until IREN receives shareholder approval to repurchase its ordinary shares pursuant to the terms of the capped call transactions or is otherwise permitted to repurchase its ordinary shares pursuant to the terms of the capped call transactions under the laws of its jurisdiction of incorporation. The Company retains flexibility to seek and/or renew such approval from time to time during the terms of the capped call transactions at a general meeting or future annual general meeting. IREN has been advised that, in connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to enter into various derivative transactions with respect to IREN’s ordinary shares and/or purchase the ordinary shares of IREN concurrently with or shortly after the pricing of the notes. This activity could increase (or reduce the size of any decrease in) the market price of IREN’s ordinary shares or the notes at that time. Any such trades by the option counterparties or their respective affiliates would be on a principal basis and without any agreement, arrangement or understanding between, or with, IREN on how those parties would hedge their own positions. In addition, the option counterparties and/or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to IREN’s ordinary shares and/or purchasing or selling IREN’s ordinary shares or other securities of IREN in secondary market transactions following the pricing of the notes and prior to the maturity of the notes (and are likely to do so (x) on each exercise date for the capped call transactions, which are expected to occur on each trading day during the 30 trading day period beginning on the 31st scheduled trading day prior to the maturity date of the notes and (y) following any early conversion of the notes or any repurchase of the notes by IREN on any fundamental change repurchase date, any redemption date or any other date on which the notes are repurchased by IREN, in each case if IREN exercises the relevant election to terminate the corresponding portion of the capped call transactions). This activity could also cause or avoid an increase or a decrease in the market price of IREN’s ordinary shares or the notes, which could affect the ability of noteholders to convert the notes, and, to the extent the activity occurs following a conversion or during any observation period related to a conversion of the notes, it could affect the number of IREN’s ordinary shares and value of the consideration that noteholders will receive upon conversion of the notes. In connection with the offering of the notes, IREN also expects to enter into a privately negotiated prepaid forward share purchase transaction (the “prepaid forward transaction”) with one of the initial purchasers of the notes or its affiliate (the “forward counterparty”), pursuant to which IREN will purchase up to $100 million of its ordinary shares (based on the last reported sale price of IREN’s ordinary shares on the pricing date), for settlement on the date that is shortly after the maturity date of the notes, subject to any early settlement, in whole or in part, of the prepaid forward transaction. The prepaid forward transaction will be solely cash settled until IREN receives shareholder approval to repurchase its ordinary shares pursuant to the terms of the prepaid forward transaction or is otherwise permitted to repurchase its ordinary shares pursuant to the terms of the prepaid forward transaction under the laws of its jurisdiction of incorporation. The prepaid forward transaction is generally intended to facilitate privately negotiated derivative transactions, including swaps, between the forward counterparty or its affiliates and investors in the notes relating to IREN’s ordinary shares by which investors in the notes will establish short positions relating to IREN’s ordinary shares and otherwise hedge their investments in the notes. As a result, the prepaid forward transaction is expected to allow the investors to establish short positions that generally correspond to (but may be greater than) commercially reasonable initial hedges of their investment in the notes. In the event of such greater initial hedges, investors may offset such greater portion by purchasing IREN’s ordinary shares on or shortly after the day IREN prices the notes. Facilitating investors’ hedge positions by entering into the prepaid forward transaction, particularly if investors purchase IREN’s ordinary shares on or shortly after the pricing date, could increase (or reduce the size of any decrease in) the market price of IREN’s ordinary shares and effectively raise the initial conversion price of the notes. In connection with establishing their initial hedges of the prepaid forward transaction, the forward counterparty or its affiliates may enter into one or more derivative transactions with respect to IREN’s ordinary shares with the investors of the notes concurrently with or after the pricing of the notes. Any such trades by the forward counterparty or its affiliates would be on a principal basis and without any agreement, arrangement or understanding between, or with, IREN on how those parties would hedge their own positions. IREN’s entry into the prepaid forward transaction with the forward counterparty and the entry by the forward counterparty into derivative transactions in respect of IREN’s ordinary shares with the investors of the notes could have the effect of increasing (or reducing the size of any decrease in) the market price of IREN’s ordinary shares concurrently with, or shortly after, the pricing of the notes and effectively raising the initial conversion price of the notes. Neither IREN nor the forward counterparty will control how investors of the notes may use such derivative transactions. In addition, such investors may enter into other transactions relating to IREN’s ordinary shares or the notes in connection with or in addition to such derivative transactions, including the purchase or sale of IREN’s ordinary shares. As a result, the existence of the prepaid forward transaction, such derivative transactions and any related market activity could cause more purchases or sales of IREN’s ordinary shares over the term of the prepaid forward transaction than there otherwise would have been had IREN not entered into the prepaid forward transaction. Such purchases or sales could potentially increase (or reduce the size of any decrease in) or decrease (or reduce the size of any increase in) the market price of IREN’s ordinary shares and/or the price of the notes. In addition, the forward counterparty or its affiliates may modify their hedge positions by entering into or unwinding one or more derivative transactions with respect to IREN’s ordinary shares and/or purchasing or selling IREN’s ordinary shares or other securities of IREN in secondary market transactions at any time following the pricing of the notes and prior to the maturity of the notes. These activities could also cause or avoid an increase or a decrease in the market price of IREN’s ordinary shares or the notes, which could affect the ability of noteholders to convert the notes and, to the extent the activity occurs following conversion or during any observation period related to a conversion of notes, it could affect the amount and value of the consideration that noteholders will receive upon conversion of the notes. The offer and sale of the notes and any of IREN’s ordinary shares issuable upon conversion of the notes have not been, and will not be, registered under the Securities Act or any other securities laws, and the notes and any such shares cannot be offered or sold except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any other applicable securities laws. This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the notes or any of IREN’s ordinary shares issuable upon conversion of the notes, nor will there be any sale of the notes or any such shares, in any state or other jurisdiction (including the United States and Australia) in which such offer, sale or solicitation would be unlawful. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated terms of the notes being offered, the completion, timing and size of the proposed offering and the intended use of the proceeds. Forward-looking statements represent IREN’s current expectations, beliefs, and projections regarding future events and are subject to known and unknown uncertainties, risks, assumptions and contingencies, many of which are outside IREN’s control and that could cause actual results to differ materially from those described in or implied by the forward-looking statements. Among those risks and uncertainties are market conditions, including market interest rates, the trading price and volatility of IREN’s ordinary shares and risks relating to IREN’s business, including those described in periodic reports that IREN files from time to time with the SEC. IREN may not consummate the proposed offering described in this press release and, if the proposed offering is consummated, cannot provide any assurances regarding the final terms of the offering or the notes or its ability to effectively apply the net proceeds after funding the cost of entering into the capped call transactions and financing the prepaid forward as described above. The forward-looking statements included in this press release speak only as of the date of this press release, and IREN does not undertake any obligation to update the forward-looking statements included in this press release for subsequent developments, except as may be required by law. For a further discussion of factors that could cause IREN’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in IREN’s Annual Report on Form 20-F for the year ended June 30, 2024 and other risks described in documents filed by IREN from time to time with the Securities and Exchange Commission. About IREN IREN is a leading data center business powering the future of Bitcoin, AI and beyond utilizing 100% renewable energy. Bitcoin Mining: providing security to the Bitcoin network, expanding to 50 EH/s in H1 2025. Operations since 2019. AI Cloud Services: providing cloud compute to AI customers, 1,896 NVIDIA H100 & H200 GPUs. Operations since 2024. Next-Generation Data Centers: 460MW of operating data centers, expanding to 810MW in H1 2025. Specifically designed and purpose-built infrastructure for high-performance and power-dense computing applications. Technology: technology stack for performance optimization of AI Cloud Services and Bitcoin Mining operations. Development Portfolio: 2,310MW of grid-connected power secured across North America, >2,000 acre property portfolio and additional development pipeline. 100% Renewable Energy (from clean or renewable energy sources or through the purchase of RECs): targets sites with low-cost & underutilized renewable energy, and supports electrical grids and local communities. Contacts
Older Women Are Recalling The Major Hurdle They've Overcome This Year, And Why It Was Such A Big Deal( MENAFN - Mid-East Info) Dubai, United Arab Emirates – December, 2024: In a move reflecting its commitment to enhancing international cooperation, the Estonian Ministry of Social Affairs announced the signing of strategic partnerships with the United Arab Emirates aimed at exchanging expertise and developing innovative solutions in the digital health sector. The partnership seeks to explore new collaborative opportunities with the UAE to address future challenges and create added value in the healthcare sector. This cooperation is based on Estonia's globally recognized leadership in this field and aims to improve the quality of healthcare and enhance the efficiency of medical systems in the UAE. MENAFN26122024005446012082ID1109033468 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.
NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The year featured many familiar winners, such as Big Tech, which got even bigger as their . But it wasn’t just Apple, Nvidia and the like. , gold and other investments also drove higher. Here’s a look at some of the numbers that defined the year. All are as of Dec. 20. Remember when President Bill Clinton got impeached or when baseball’s Mark McGwire hit his 70th home run against the Montreal Expos? That was the last time the U.S. stock market closed out a second straight year with a leap of at least 20%, something the S&P 500 is on track to do again this year. The index has climbed 24.3% so far this year, not including dividends, following last year’s spurt of 24.2%. The number of all-time highs the S&P 500 has set so far this year. The first came early, on Jan. 19, when the index capped a two-year comeback from the swoon caused by high inflation and worries that high interest rates instituted by the Federal Reserve to combat it would create a recession. But the index was methodical through the rest of the year, setting a record in every month outside of April and August, according to S&P Dow Jones Indices. The latest came on Dec. 6. The number of times the Federal Reserve has cut its main interest rate this year from a two-decade high, offering some relief to the economy. Expectations for those cuts, along with hopes for more in 2025, were a big reason the U.S. stock market has been so successful this year. The 1 percentage point of cuts, though, is still short of the for 2024 at the start of the year. The Fed disappointed investors in December when it said it may cut rates just two more times in 2025, fewer than it had earlier expected. That’s how many points the Dow Jones Industrial Average rose by the day after Election Day, as investors made bets on what Donald will mean for the economy and the . The more widely followed S&P 500 soared 2.5% for its best day in nearly two years. Aside from bitcoin, stocks of banks and smaller winners were also perceived to be big winners. The bump has since diminished amid worries that Trump’s policies could also send inflation higher. The level that bitcoin topped to set a record above $108,000 this past month. It’s been climbing as interest rates come down, and it got a particularly big boost following Trump’s election. He’s turned around and become a fan of crypto, and he’s named a former regulator who’s seen as friendly to digital currencies as the next chair of the Securities and Exchange Commission, replacing was overly aggressive in his oversight. Bitcoin was below $17,000 just two years ago following the Gold’s rise for the year, as it also hit records and had as strong a run as U.S. stocks. Wars around the world have helped drive demand for investments seen as safe, such as gold. It’s also benefited from the Fed’s cut to interest rates. When bonds are paying less in interest, they pull away fewer potential buyers from gold, which pays investors nothing. It’s a favorite number of Elon Musk, and it’s also a threshold that Tesla’s stock price passed in December as it set a record. The number has a long history among marijuana devotees, and Musk famously said in 2018 that he had secured funding to take Tesla private at . Tesla soared this year, up from less than $250 at the start, in part because of expectations that Musk’s close relationship with Trump could benefit the company. That’s how much revenue Nvidia made in the nine months through Oct. 27, showing how the artificial-intelligence frenzy is creating mountains of cash. Nvidia’s chips are driving much of the move into AI, and its revenue through the last nine months catapulted from less than $39 billion the year before. Such growth has boosted Nvidia’s worth to more than $3 trillion in total. after Keith Gill, better known as “Roaring Kitty,” appeared online for the first time in three years to support the video game retailer’s stock, which he helped rocket to unimaginable heights during the “ ” in 2021. Several other meme stocks also jumped following his post in May on the social platform X, including AMC Entertainment. Gill later disclosed a sizeable stake in the online pet products retailer Chewy, but he . That’s how much the U.S. economy grew, at annualized seasonally adjusted rates, in each of the three first quarters of this year. Such growth blew past what many pessimists were expecting when inflation was topping 9% in the summer of 2022. The fear was that the medicine prescribed by the Fed to beat high inflation — high interest rates — would create a recession. Households at the lower end of the income spectrum in particular are feeling pain now, as they contend with still-high prices. But the overall economy has remained remarkably resilient. This is the vacancy rate for U.S. office buildings — an all-time high — through the first three quarters of 2024, according to data from Moody’s. The fact the rate held steady for most of the year was something of a win for office building owners, given that it had marched up steadily from 16.8% in the fourth quarter of 2019. Demand for office space weakened as the pandemic led to the popularization of remote work. That’s through the first 11 months of 2024. Sales would have to surge 20% year-over-year in December for 2024’s home sales to match the 4.09 million existing homes sold in 2023, a nearly 30-year low. The U.S. housing market has been in a sales slump dating back to 2022, when mortgage rates began to climb from pandemic-era lows. A shortage of homes for sale and elevated mortgage rates have discouraged many would-be homebuyers.