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2025-01-25
Ian Schieffelin, Clemson topple Penn State to win Sunshine SlamSouthland's aquaculture industry could be worth $1.5 billion a year — half of the country’s $3b target — the region’s development agency says. Great South regional strategy general manager Bobbi Brown told the Otago Daily Times after a 12-month review of its Beyond 2025 Southland Long-Term Plan, despite some challenges, she believed the region was in a better position than expected. Southland contributed a record $8.27b towards New Zealand’s gross domestic product (GDP), making it the third-highest contributor per capita of any region in New Zealand. "We are punching above our weight. "I hate that term, but it means a contribution of over $80,000 a person towards the New Zealand economy — that’s phenomenal." Mrs Brown said Great South’s plan was to create a path for diversification of the region’s economy in case New Zealand Aluminium Smelters decided to permanently close its Tiwai plant. However, the company announced a 20-year power deal in June, which secured the operation of the plant for another two decades. While this was great news, it did not mean the work towards diversification would stop. One of the areas which was targeted for expansion was aquaculture. In the original plan it was estimated the region could expand its aquaculture industry into a $1b-a-year industry, but Mrs Brown said this value was reviewed and was now estimated to be a $1.5 billion industry — half of the country’s target of $3b. "We are working with the government, because they are looking at doubling its exports and aquaculture is a big part of that and we are the best place in the country to do that — but probably not the most developed place. "We need a significant amount of infrastructure." Agriculture also continued to be the backbone of the region. "It contributes over $4 billion to our economy — so over half of the whole GDP. "There have been ups and downs, because it’s a commodity-based sector and there was a very wet summer as well. "It’s been very, very challenging, but we need that foundation to continue because it allows us to play in other areas and to be innovative." The major challenges were infrastructure and housing. They had been working with councils to address the problem, but there were two issues — not enough housing and the age of their housing. The market would play a key role, she said. "There is a challenge for developers because when they look at Southland, the houses are so affordable, which is good for you and I if we want to buy a house, but to someone trying to make money on housing development, there’s probably places elsewhere that are more profitable. "So we’ve got a big push at the moment to work side by side with them and there’s been a lot of interest." The majority of Southland’s housing stock was family homes with three or four or more bedrooms, she said. "You’ve got a lot of older folk who are stuck in the family home and we need them to move out into a nice warm one or two-bedroom home to free that up for a workforce. "That is going to power our economy." luisa.girao@odt.co.nzOMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it's possible that Buffett's children could die before giving it all away. He didn't identify the successors, but said his kids all know them and agree they would be good choices. “Father time always wins. But he can be fickle – indeed unfair and even cruel – sometimes ending life at birth or soon thereafter while, at other times, waiting a century or so before paying a visit,” the 94-year-old Buffett said in a letter to his fellow shareholders Monday. “To date, I’ve been very lucky, but, before long, he will get around to me. There is, however, a downside to my good fortune in avoiding his notice. The expected life span of my children has materially diminished since the 2006 pledge. They are now 71, 69 and 66.” Buffett said he still has no interest in creating dynastic wealth in his family — a view shared by his first and current wives. He acknowledged giving Howard, Peter and Susie millions over the years, but he has long said he believes “hugely wealthy parents should leave their children enough so they can do anything but not enough that they can do nothing.” The secret to building up such massive wealth over time has been the power of compounding interest and the steady growth of the Berkshire conglomerate Buffett leads through acquisitions and smart investments like buying billions of dollars of Apple shares as iPhone sales continued to drive growth in that company. Buffett never sold any of his Berkshire stock over the years and also resisted the trappings of wealth and never indulged in much — preferring instead to continue living in the same Omaha home he'd bought decades earlier and drive sensible luxury sedans about 20 blocks to work each day. “As a family, we have had everything we needed or simply liked, but we have not sought enjoyment from the fact that others craved what we had,” he said. If Buffett and his first wife had never given away any of their Berkshire shares, the family's fortune would be worth nearly $364 billion — easily making him the world's richest man — but Buffett said he had no regrets about his giving over the years. The family's giving began in earnest with the distribution of Susan Buffett's $3 billion estate after her death in 2004, but really took off when Warren Buffett announced plans in 2006 to make annual gifts to the foundations run by his kids along with the one he and his wife started, as well as the Bill & Melinda Gates Foundation. Warren Buffett's giving to date has favored the Gates Foundation with $55 billion in stock because his friend Bill Gates already had his foundation set up and could handle huge gifts when Buffett started giving away his fortune. But Buffett has said his kids now have enough experience in philanthropy to handle the task and he plans to cut off his Gates Foundation donations after his death. Buffett always makes his main annual gifts to all five foundations every summer, but for several years now he has been giving additional Berkshire shares to his family's foundations at Thanksgiving. Buffett reiterated Monday his advice to every parent to allow their families to read their will while they are still alive — like he has done — to make sure they have a chance to explain their decisions about how to distribute their belongings and answer their children's questions. Buffett said he and his longtime investing partner Charlie Munger, who died a year ago, “saw many families driven apart after the posthumous dictates of the will left beneficiaries confused and sometimes angry.” Today, Buffett continues to lead Berkshire Hathaway as chairman and CEO and has no plans to retire although he has handed over most of the day-to-day managing duties for the conglomerates dozens of companies to others. That allows him to focus on his favorite activity of deciding where to invest Berkshire's billions . One of Buffett's deputies who oversees all the noninsurance companies now, Greg Abel, is set to take over as CEO after Buffett's death. Even after converting 1,600 Class A shares into 2.4 million Class B Berkshire shares and giving them away, Buffett still owns 206,363 Class A shares and controls more than 30% of the vote.19 jili slot

SOUTH EASTON, Mass. (AP) — Louie Semona's 22 points helped Stonehill defeat New Hampshire 90-83 on Sunday. Semona also added six rebounds for the Skyhawks (7-7). Chas Stinson scored 16 points while going 6 of 10 and 4 of 5 from the free-throw line and added five assists and three steals. Josh Morgan shot 4 of 8 from the field, including 0 for 3 from 3-point range, and went 4 for 4 from the line to finish with 12 points. Sami Pissis finished with 20 points for the Wildcats (2-12). Khalil Badru added 15 points for New Hampshire. Giancarlo Bastianoni also put up 14 points and 12 rebounds. The loss was the Wildcats' sixth in a row. Stonehill's next game is Sunday against Lafayette on the road, and New Hampshire visits Iowa on Monday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Recover, a leading global producer of recycled cotton fiber, has announced the opening of its latest manufacturing facility in Vietnam, set to begin operations in early 2025. This facility, located in Dong Nai province, represents a significant step in the company’s global expansion strategy and aims to enhance sustainability in the Vietnamese textile industry. Key Takeaways Strategic Location and Capacity The new factory spans nearly 14,000 square meters and is strategically located in Dong Nai province, which is pivotal to Vietnam’s textile industry as the third-largest textile exporter globally. This proximity to textile waste sorting and manufacturing operations will help reduce shipping costs and environmental impact. The facility will initially operate with two advanced recycling lines, allowing for a production capacity of 10,000 metric tonnes annually. Additionally, a dedicated laboratory will ensure consistent product quality and ongoing innovation in both product and process. Innovative Recycling Solutions One of the standout features of this facility is its focus on RMix, Recover’s innovative recycling solution for cotton-polyester blends. This process eliminates the need to separate fibers, addressing a long-standing challenge in the industry and providing a sustainable advantage in energy efficiency. Commitment to Sustainability Anders Sjöblom, CEO of Recover, emphasized the importance of this expansion, stating, "Circularity is currently an underutilized tool in the Vietnamese textiles industry. By bringing our advanced technology to a key textile hub, we are not only enhancing how we serve our customers but also creating a positive shift towards circularity in Vietnam." Opportunities in the Textile Sector The opening of Recover’s facility comes at a time when the global textile and apparel sector is experiencing significant opportunities due to increasing demand and shifting economic factors. The political instability in Bangladesh may further accelerate the diversification of textile production, with Vietnam poised to benefit from this shift. Future Prospects Recover’s expansion into Vietnam is part of a broader strategy to meet the growing demand for recycled materials among brands and retailers worldwide. With a commitment to sustainability and technological excellence, Recover is setting new industry standards and paving the way for a more circular economy in textiles. As the company continues to grow, it aims to establish itself as a trusted partner in the global textile market, contributing to a more sustainable future for the industry. Sources

The Arizona Cardinals were rested, relatively healthy and had been playing some of their best football in years. That's why Sunday's sobering 16-6 road loss to the Seattle Seahawks was so surprising. “Frustrating day offensively, especially the way we’ve been playing to come out here and lay an egg and get physically dominated in a sense,” quarterback Kyler Murray said. The Cardinals (6-5) had their four-game winning streak snapped. Murray completed 24 of 37 passes for 285 yards, but made a brutal mistake, throwing an interception that was returned 69 yards by Seattle's Coby Bryant. The running game never got going, gaining just 49 yards. James Conner, the team's leading rusher, had just 8 yards on seven attempts. “There were a lot of things where it felt like the flow of things just wasn’t in our favor,” receiver Michael Wilson said. "Some games go like that. And then we didn’t execute enough to make up for the game sort of not going our way.” Arizona's still in decent playoff position, tied with the Seahawks on top of the NFC West with six games to play. But after all the good news and winning over the past month, Sunday's loss was humbling. “We’re going to learn a lot from this game,” Gannon said. What’s working Arizona's defense continued its remarkable midseason turnaround, giving the team every opportunity to win Sunday. The front seven doesn't have any stars, but continues to cobble together a respectable pass rush. The Cardinals finished with five sacks, all by different players. Second-year cornerback Garrett Williams intercepted a pass by Geno Smith on the first play of the fourth quarter, briefly giving the Cardinals some momentum as they tried to fight back. Williams — a third-round pick out of Syracuse in 2023 — is growing into a steady starting corner that the Cardinals have missed for years. “I thought that they hung in there and battled, forced a bunch of punts, kept points off the board,” Gannon said. “I thought the interception by Garrett was fantastic, kept us in the game there, kept points off the board. We made some mistakes. We made some mistakes, starting with me.” What needs help The Cardinals aren't going to win many games with a rushing performance like Sunday's. Conner, held to a season low in yards rushing, did have 41 yards receiving. Rookie Trey Benson had four carries for 18 yards, while Emari Demercado broke a 14-yard gain. Getting Conner going is key. Arizona has a 5-1 record this season when he has at least 100 total yards from scrimmage. Gannon said falling into an early hole affected some of the things the Cardinals could do, particularly in the second half. “I thought there was plays there, but again, where you get down in that game, you’re not really playing normal ball there for a good chunk of the game,” Gannon said. “So we’ve got to do a better job earlier in the game to make sure we’re not playing left-handed.” Stock up Fourth-year edge rusher Zaven Collins isn't necessarily the star fans hoped for when he was selected with the No. 16 overall pick in the 2021 draft, but he has quietly had a productive season leading the team's no-name front seven. Collins picked up his fourth sack of the season Sunday and put consistent pressure on Smith. Stock down Murray's still having a great season, but the quarterback's MVP credentials took a hit with Sunday's mediocre performance. He played pretty well at times, but the interception that turned into a pick-6 was a backbreaker. The sixth-year quarterback had largely avoided those types of plays this season, which is a big reason they're in the playoff hunt. “Can't give them seven points, especially when our defense is playing the way that they’re playing,” Murray said. “I feel like if I don’t do that, we’re in the game four quarters because that’s the way it was trending.” Injuries The Cardinals came out of Sunday's game fairly healthy. Gannon said starting safety Jalen Thompson (ankle) should be back at practice Wednesday. He missed the last two games. Key numbers 12 and 133 — Tight end Trey McBride continued his breakout season with a career-high 12 catches for 133 yards. Next steps The Cardinals have another difficult road game against the Vikings (9-2) on Sunday. AP NFL: https://apnews.com/hub/nflAdewale 4-5 1-2 9, Klaczek 2-4 0-0 6, Joshua 4-4 2-2 13, Langford 5-9 1-2 11, Marshall 6-9 2-2 17, Reddish 4-7 2-3 12, Taylor 1-2 0-1 2, Neely 3-4 0-0 6, Briggs 1-4 0-0 3, Strand 2-6 0-0 6, Topuz 2-6 0-0 6, Adnan 0-1 0-0 0, Lindsey 0-0 2-2 2, Giralt 0-0 0-2 0. Totals 34-61 10-16 93. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.

The Arizona Cardinals were rested, relatively healthy and had been playing some of their best football in years. That's why Sunday's sobering 16-6 road loss to the Seattle Seahawks was so surprising. “Frustrating day offensively, especially the way we’ve been playing to come out here and lay an egg and get physically dominated in a sense,” quarterback Kyler Murray said. The Cardinals (6-5) had their four-game winning streak snapped. Murray completed 24 of 37 passes for 285 yards, but made a brutal mistake, throwing an interception that was returned 69 yards by Seattle's Coby Bryant. The running game never got going, gaining just 49 yards. James Conner, the team's leading rusher, had just 8 yards on seven attempts. “There were a lot of things where it felt like the flow of things just wasn’t in our favor,” receiver Michael Wilson said. "Some games go like that. And then we didn’t execute enough to make up for the game sort of not going our way.” Arizona's still in decent playoff position, tied with the Seahawks on top of the NFC West with six games to play. But after all the good news and winning over the past month, Sunday's loss was humbling. “We’re going to learn a lot from this game,” Gannon said. What’s working Arizona's defense continued its remarkable midseason turnaround, giving the team every opportunity to win Sunday. The front seven doesn't have any stars, but continues to cobble together a respectable pass rush. The Cardinals finished with five sacks, all by different players. Second-year cornerback Garrett Williams intercepted a pass by Geno Smith on the first play of the fourth quarter, briefly giving the Cardinals some momentum as they tried to fight back. Williams — a third-round pick out of Syracuse in 2023 — is growing into a steady starting corner that the Cardinals have missed for years. “I thought that they hung in there and battled, forced a bunch of punts, kept points off the board,” Gannon said. “I thought the interception by Garrett was fantastic, kept us in the game there, kept points off the board. We made some mistakes. We made some mistakes, starting with me.” What needs help The Cardinals aren't going to win many games with a rushing performance like Sunday's. Conner, held to a season low in yards rushing, did have 41 yards receiving. Rookie Trey Benson had four carries for 18 yards, while Emari Demercado broke a 14-yard gain. Getting Conner going is key. Arizona has a 5-1 record this season when he has at least 100 total yards from scrimmage. Gannon said falling into an early hole affected some of the things the Cardinals could do, particularly in the second half. “I thought there was plays there, but again, where you get down in that game, you’re not really playing normal ball there for a good chunk of the game,” Gannon said. “So we’ve got to do a better job earlier in the game to make sure we’re not playing left-handed.” Stock up Fourth-year edge rusher Zaven Collins isn't necessarily the star fans hoped for when he was selected with the No. 16 overall pick in the 2021 draft, but he has quietly had a productive season leading the team's no-name front seven. Collins picked up his fourth sack of the season Sunday and put consistent pressure on Smith. Stock down Murray's still having a great season, but the quarterback's MVP credentials took a hit with Sunday's mediocre performance. He played pretty well at times, but the interception that turned into a pick-6 was a backbreaker. The sixth-year quarterback had largely avoided those types of plays this season, which is a big reason they're in the playoff hunt. “Can't give them seven points, especially when our defense is playing the way that they’re playing,” Murray said. “I feel like if I don’t do that, we’re in the game four quarters because that’s the way it was trending.” Injuries The Cardinals came out of Sunday's game fairly healthy. Gannon said starting safety Jalen Thompson (ankle) should be back at practice Wednesday. He missed the last two games. Key numbers 12 and 133 — Tight end Trey McBride continued his breakout season with a career-high 12 catches for 133 yards. Next steps The Cardinals have another difficult road game against the Vikings (9-2) on Sunday. ___ AP NFL: https://apnews.com/hub/nfl David Brandt, The Associated PressAs the residential real estate market in Japan seems to be in an expansionary phase and condominium prices in central Tokyo continue to notch records every month, foreign interest in residential property is also growing at a breakneck speed. Whatever the reason for your interest, you have come to the right place to learn more about whether buying a home in Japan is right for you. In this webinar, presented by Dovetail Inc, a bilingual brokerage based in Tokyo, attendees will have a chance to get a comprehensive overview of the Japanese residential property market and get answers to their questions. Dovetail is a new and fast-growing brokerage located in central Tokyo. Their team includes a bilingual agent with five years experience in brokerage as well as staff experienced in housing support services for foreigners. Their staff can guide foreign buyers through the purchase journey, from initial fact-finding and needs analysis to explaining cultural nuances, tax rules and all the minutiae involved in purchasing a property as a foreigner. As their name suggests, the Dovetail team prides itself on streamlining and harmonizing the purchase process, with the goal of making your home buying journey as seamless as possible. Join them for this very special kick-off presentation on how to buy a home in Japan as a foreigner. December 11, 6 p.m. to 7 p.m. (Japan Standard Time) Yasuhiro Kitagawa / CEO Company: Dovetail Inc Yasuhiro leads Dovetail offering bilingual real estate brokerage services enhanced by technology and the Gakken Group. Through Dovetail, he aims to help people build structure in their lives, unlocking greater possibilities. With a focus on innovation and connection, he strives to make real estate transitions seamless and impactful. Please click " Register Now " and fill in the Google form. A dedicated webinar link will be sent to you after you register.

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