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Asian shares were mixed on Monday after stocks fell broadly on Friday as Wall Street closed out a holiday-shortened week on a down note. U.S. futures were lower while oil prices were little changed. In Asia, South Korea’s Kospi added 0.6% to 2,418.80. But shares of Jeju Air Co. lost 8.8% after one of the company’s jets skidded off a runway , slammed into a concrete fence and burst into flames Sunday in South Korea as its landing gear failed to deploy. 179 people died in the crash. Political turmoil continued as South Korean law enforcement officials requested a court warrant on Monday to detain impeached President Yoon Suk Yeol. They are investigating whether his martial law decree on Dec. 3 amounted to rebellion. Tokyo’s Nikkei 225 index lost 0.9% to 39,914.21 as the dollar gained against the Japanese yen, trading at 157.83 yen, up from 157.75 yen. The Tokyo market will wrap up trading for 2024 with a yearend ceremony as Japan begins its New Year holidays, the biggest festival of the year. The Hang Seng in Hong Kong shed 0.3% to 20,030.63 while the Shanghai Composite index was up 0.3% at 3,408.72. Australia’s S&P/ASX 200 dipped 0.9% to 8,191.50. On Friday, the S&P 500 fell 1.1% to 5,970.84. Roughly 90% of stocks in the benchmark index lost ground, but it managed to hold onto a modest gain of 0.7% for the week. The Dow Jones Industrial Average fell 0.8% to 42,992.21. The tech-heavy Nasdaq composite fell 1.5%, to 19,722.03. The losses were made worse by sharp declines for the Big Tech stocks known as the “Magnificent 7”, which can heavily influence the direction of the market because of their large size. A wide range of retailers also fell. Amazon fell 1.5% and Best Buy slipped 1.5%. The sector is being closely watched for clues on how it performed during the holiday shopping season. The S&P 500 gained nearly 3% over a 3-day stretch before breaking for the Christmas holiday. On Thursday, the index posted a small decline. Despite Friday's drop, the market is moving closer to another standout annual finish . The S&P 500 is on track for a gain of around 25% in 2024. That would mark a second consecutive yearly gain of more than 20%, the first time that has happened since 1997-1998. The gains have been driven partly by upbeat economic data showing that consumers continued spending and the labor market remained strong. Inflation, while still high, has also been steadily easing. A report on Friday showed that sales and inventory estimates for the wholesales trade industry fell 0.2% in November, following a slight gain in October. That weaker-than-expected report follows an update on the labor market Thursday that showed unemployment benefits held steady last week. The stream of upbeat economic data and easing inflation helped prompt a reversal in the Federal Reserve's interest rate policy this year. Expectations for interest rate cuts also helped drive market gains. The central bank recently delivered its third cut to interest rates in 2024. Even though inflation has come closer to the central bank's target of 2%, it remains stubbornly above that mark and worries about it heating up again have tempered the forecast for more interest rate cuts. Inflation concerns have added to uncertainties heading into 2025, which include the labor market’s path ahead and shifting economic policies under incoming President Donald Trump. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. In other dealings early Monday, U.S. benchmark crude oil picked up 1 cent to $70.61 per barrel. Brent crude, the international standard, lost 1 cent to $73.78 per barrel. The euro fell to $1.0427 from $1.0433.Saturday, November 23, 2024 Munich Airport has been honored with the prestigious “Airport Innovation Award” by the leading aviation publication, International Airport Review. The accolade highlights the airport’s dedication to innovation management, particularly through a groundbreaking project focused on employee and crew control systems. The Airport Innovation Award celebrates airports worldwide that excel in enhancing passenger experiences, boosting operational efficiency, and advancing sustainability. This year’s finalists featured Amsterdam, Vancouver, Hyderabad, Bangalore, and Munich airports. As a key participant in the Airports for Innovation network, Munich Airport continuously pioneers digital solutions, including the introduction of the service robot JEEVES, designed to elevate the travel experience. One of the airport’s most notable achievements is the implementation of a digital allocation system to optimize employee control points. Leveraging advanced LIDAR sensor technology, the system automates the monitoring and assignment process with exceptional precision. It can accurately track complex pathways and oversee control procedures without collecting personal data. In case of any irregularities, the system immediately alerts personnel to intervene, ensuring smooth and secure operations. This innovation underscores Munich Airport’s commitment to blending technology and efficiency for a safer and more seamless airport environment.Stocks drifted higher on Wall Street in midday trading Thursday, as gains in tech companies and retailers helped boost the market. The S&P 500 rose less than 0.1%. The benchmark index is coming off a three-day winning streak. The Dow Jones Industrial Average was up 19 points, or 0.1%, as of 12:32 p.m. Eastern time. The Nasdaq composite was up less than 0.1%. Trading volume was lighter than usual as U.S. markets reopened after the Christmas holiday. Chip company Broadcom rose 2.9%, Intel was up 0.7% and Apple gained 0.4%. While tech stocks overall were in the green, some heavyweights were a drag on the market. Semiconductor giant Nvidia, whose enormous valuation gives it an outsize influence on indexes, slipped 0.2%. Meta Platforms fell 0.9%, Amazon was down 0.5%, and Netflix gave up 1.4%. Health care stocks also helped lift the market. CVS Health rose 1.9% and Walgreens Boots Alliance rose 3.3% for the biggest gain among S&P 500 stocks. Several retailers also gained ground. Target rose 2.9%, Best Buy was up 2.1% and Dollar Tree gained 2.2%. U.S.-listed shares in Honda and Nissan rose 4.1% and 15.8%, respectively. The Japanese automakers announced earlier this week that the two companies are in talks to combine. Traders got a labor market update. U.S. applications for unemployment benefits held steady last week , though continuing claims rose to the highest level in three years, the Labor Department reported. Treasury yields rose in the bond market. The yield on the 10-year Treasury rose to 4.61% from 4.59% late Tuesday. Major European markets were closed, as well as Hong Kong, Australia, New Zealand and Indonesia. Trading was expected to be subdued this week with a thin slate of economic data on the calendar. Still, U.S. markets have historically gotten a boost at year’s end despite lower trading volumes. The last five trading days of each year, plus the first two in the new year, have brought an average gain of 1.3% since 1950. So far this month, the U.S. stock market has lost some of its gains since President-elect Donald Trump’s win on Election Day, which raised hopes for faster economic growth and more lax regulations that would boost corporate profits. Worries have risen that Trump’s preference for tariffs and other policies could lead to higher inflation , a bigger U.S. government debt and difficulties for global trade. Even so, the U.S. market remains on pace to deliver strong returns for 2024. The benchmark S&P 500 is up roughly 26% so far this year and remains near its most recent all-time high it set earlier this month — its latest of 57 record highs this year. Wall Street has several economic reports to look forward to next week, including updates on pending home sales and home prices, a report on U.S. construction spending and snapshots of manufacturing activity. AP Business Writers Elaine Kurtenbach and Matt Ott contributed.
As the year draws to a close, we look back at some of the brilliant Guest Blog contributions published on in the last 12 months. The following selection covers some of the most notable contributed pieces from outside authors, but all 20 that we published this year were brilliant deep-dives into their topic. The following articles cover topics as diverse as patents for gravity energy storage, procurement decisions, bankability of battery energy storage system (BESS) suppliers, BESS project optimisation, noise from BESS projects and more. We look forward to an equally diverse and rich selection next year. Patent lawyer Ben Lincoln from Potter Clarkson returns to the Energy-Storage.news Guest Blog, this time looking at gravity energy storage and what sort of IP is looking to be protected. Energy storage executives from global assurance and risk management provider DNV analyse the UK government’s proposal to kickstart investment into long-duration energy storage (LDES). The right optimisation strategies and technologies can enable the right balance between maintaining battery health and profitability, writes Laura Laringe, CEO of optimisation software provider reLi Energy. Rapid technology improvements and trade policy risk pose a dilemma for US battery storage procurement decision-makers, write George Touloupas and Jeff Zwijack of consultancy and market intelligence firm Clean Energy Associates (CEA). Projects are increasingly being deployed close to populations as available plots of land become more scarce, making BESS noise a bigger topic than ever before, writes noise and acoustics consultancy Acentech’s Ethan Brush. The UK and Ireland’s energy storage pipeline is rapidly growing, with co-located solar PV and storage comprising around 20% of planned capacity, writes Mollie McCorkindale of Solar Media Market Research. As the launches, providing insights and risk analysis on the leading global BESS suppliers, Solar Media market analyst Charlotte Gisbourne offers an exclusive preview in this Guest Blog. A community-owned BESS in Australia could earn up to AU$250,000 (US$162,610) per year, writes GridBeyond Australia’s solar, storage and EV regional director Stace Tzamtzidis.
In 2004, Sachin Tendulkar shelved the cover drive on his way to a famous unbeaten double century in Sydney. Virat Kohli may have to follow suit if he is to bow out of Test cricket on his own terms. At a glance, Kohli, 36, has the numbers of a player who is gone, but this is not one of the cases where if it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. Virat Kohli departs the MCG on Monday, caught in the cordon again. Credit: AP Unlike Rohit Sharma, whose game looks completely off, Kohli’s issue is a question of technique and temperament. Kohli is still in pristine physical condition. But while his eyes and reflexes may not be as sharp as they once were, it’s a lack of discipline that is hurting him most. Kohli’s career has been built on control, but he is now having trouble suppressing his natural urges, whether it’s ignoring hecklers in the crowd, picking blues with a teenaged debutant or, most obviously, balls outside off stump. All six of Kohli’s dismissals this series have come to catches behind the wicket. His unbeaten ton in the second innings in Perth, when India were already in an unassailable position when he batted, was as close to a junk-time Test century as you can get. His 100 not out is an outlier in a campaign that has also produced scores of 5, 7, 11, 3, 36 and 5. His series average of 27.83 is in keeping with the 31.32 he has averaged in 38 games since the start of 2020. If he was not Virat Kohli, he’d have been dropped a long time ago. The Australians would never say this publicly out of respect for Kohli, and probably fear of Mother Cricket, but they know they have Kohli’s measure. Bowl the ball in the fourth and fifth stump channel outside off, perhaps even wider, and wait for the nick to come. “Well that’s the line I’ve been talking about the whole series. Get it wide and get it full. That’s the sixth time Mitch Starc’s gotten Virat Kohli in Test cricket. The trap was set. The bait was thrown out there and the big fish has fallen for it,” former Australia captain Ricky Ponting said on Seven. With the exception of his century in Perth, when the fizz had gone from the game, the closest Kohli has come to resisting temptation came on the second day of this Test when he made the Australians bowl at him. By ignoring balls outside off stump, he dragged Australia’s lines closer to his pads and scored through the leg side. The drives he played were aimed as close to the bowler as he could instead of the gaping hole, greater than the length of a centre square in the MCG’s winter configuration, between mid-off and gully. His extravagant drive at Mitchell Starc from the final ball before lunch on Monday was directed through cover. Tendulkar, India’s last batting demi-god, provided the template for Kohli. Twenty-one years ago in Sydney, unhappy with being caught behind the wicket earlier in the series, Tendulkar did not hit a boundary through cover in his 241 not out. The plan was devised after a conversation with his brother, who told him his weakness was a matter of shot selection rather than technique. Loading “I need discipline to be in the driving seat,” Tendulkar said in an interview published on his Facebook page in 2021. “My natural instincts, they have to be sitting in the passenger’s seat. “I suddenly realised all the bowlers are bowling in that corridor on the sixth stump, not even fourth stump. If you are going to keep bowling away from me and frustrate me, I’m going to take on this challenge and frustrate you. It’s one versus 11, let’s see who loses patience first. I’m not going to play a single cover drive.” Steve Waugh did it with the hook shot, but warehousing a stroke that has produced so many runs for a batter requires the discipline of a monk. The confidence and self-belief that has driven Kohli through his career will tell him he still can play that shot well. The habits of a lifetime also die hard. “He’s done it so much over the years, its become muscle memory for him – cover drive, cover drive, cover drive,” former Australia opener Simon Katich said on SEN. Loading This should not be unfamiliar territory for Kohli. On his miserable tour of England in 2014 when he was tormented by James Anderson, Kohli was caught by the wicketkeeper or in the cordon in seven of his 10 innings. Four years later, he averaged nearly 60. The difference? “He left it a lot better and he was a lot more patient,” Anderson told the Test Match Special podcast in 2020. “He waited for you to bowl at him, and then he’s very strong off his legs so he could score freely.” Kohli knows what to do, it’s a matter of whether still can. News, results and expert analysis from the weekend of sport are sent every Monday. Sign up for our Sport newsletter . Save Log in , register or subscribe to save articles for later. License this article Boxing Day Test Australian cricket Test cricket Virat Kohli India Sachin Tendulkar Andrew Wu writes on cricket and AFL for The Age Connect via Twitter or email . Most Viewed in Sport Loading
( MENAFN - EIN Presswire) Cognitive Diagnostics Global market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 13, 2024 /EINPresswire / -- The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-limited time only! What is the Projected Growth Rate and Market Size in the Cognitive Diagnostics Market? The cognitive diagnostics market has seen remarkable growth in recent years, growing from $4.13 billion in 2023 to an expected $5.07 billion in 2024 at a compound annual growth rate CAGR of 22.9%. This growth during the historic period can primarily be attributed to an increased prevalence of cognitive disorders, advancements in neuroimaging technology, growing awareness of early diagnosis, a rising geriatric population, government funding for research, expanding clinical trials, and increased demand for personalized medicine. This exponential growth is projected to continue even further with an estimated worth of $11.6 billion by 2028 at a CAGR of 23%. This forecast period's growth can be ascribed to the adoption of digital health technologies, an increased focus on early and preventive diagnostics, development of advanced biomarkers, and other key driving factors. Get a detailed insight into this rising market with a sample of our report: What Are the Key Drivers and Factors Influencing the Growth of the Cognitive Diagnostics Market? The escalating incidence of neurological disorders is a key factor expected to drive the growth of the cognitive diagnostics market. Neurological disorders, including conditions such as Alzheimer's and Parkinson's disease, are largely due to increased prevalence of age-related conditions, hereditary factors, exposure to environmental toxins, stress, unhealthy diets, and sedentary lifestyles. Cognitive diagnostic tools come into play by assessing, detecting, and monitoring cognitive impairments, thereby ensuring early diagnosis and management of such conditions. These tools play a vital role in managing neurological diseases. For instance, according to a report by the Alzheimer's Association in May 2024, the number of Americans aged 65 and older diagnosed with Alzheimer's dementia rose from 6.5 million in 2022 to an estimated 6.9 million in 2024. Such escalating incidences of neurological disorders strongly point towards an increasing need, and thus, the growth of the cognitive diagnostics market. Learn more about the market and its projections with our full report: Who Are the Key Players in the Cognitive Diagnostics Market? Leading companies operating in the cognitive diagnostics market include Cogstate Ltd., Viz, Redcliffe Labs, Mind Maze, Neurocare Group AG, Pathway Genomics, Diadem srl, Cambridge Cognition Ltd., Posit Science Corporation, Anderson Diagnostics & Labs., Altoida AG, and others. These companies, amid competitive market dynamics, are keen on leveraging technological advancements and innovation to maintain their leadership in the market. What are the Emerging Trends in the Cognitive Diagnostics Market? Technological advancements in diagnostic tools such as neuropsychological testing platforms offer real-time insights into cognitive health. This innovation can enhance the accuracy, efficiency, and comprehensiveness of cognitive assessments. An example of this is the unveiling of BrainCheck Inc.'s comprehensive digital cognitive assessment platform at the American Academy of Neurology AAN Annual Meeting in April 2024. How is the Cognitive Diagnostics Market segmented? The market report covers various segments like: 1 By Diagnosis: Brain Imaging Tests, Laboratory Testing, Mental Status Testing, Rapid Home Screening Tests, Neuropsychological Testing, Electroencephalogram EEG, Cognitive Function And Behavioral Tests, Neuropsychiatric Inventory Questionnaire NPI-Q 2 By Indication: Alzheimer's Disease, Attention Deficit Or Hyperactivity Disorder, Dementia, Epilepsy-Related Cognitive Dysfunction, Mild Cognitive Impairment, Parkinson's Disease-Related Cognitive Dysfunction, Stroke-Related Cognitive Dysfunction, Traumatic Brain Injury, Other Indications 3 By End User: Hospitals, Neurology Clinics, Cognitive Behavioral Therapy Centers, Rehabilitation Centers, Academic And Research Institutes, Diagnostic Imaging Centers, Home Care Settings What Are the Regional Insights in the Cognitive Diagnostics Market? North America emerged as the largest region in the cognitive diagnostics market in 2023. However, Asia-Pacific is anticipated to be the fastest-growing region in the forecast period. The report covers these regions and other geographies such as Western Europe, Eastern Europe, South America, Middle East, and Africa in detail. Browse more similar reports- Healthcare Cognitive Computing Global Market Report 2024 Cognitive Assessment And Training In Healthcare Global Market Report 2024 Healthcare Data Storage Global Market Report 2024 About The Business Research Company Learn More About The Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game. Contact us at: The Business Research Company: LinkedIn Americas +1 3156230293 Asia +44 2071930708 Europe +44 2071930708 Email us at ... Follow us on: LinkedIn YouTube Global Market Modelglobal-market-model Oliver Guirdham The Business Research Company +44 20 7193 0708 email us here Visit us on social media: Facebook X LinkedIn Legal Disclaimer: EIN Presswire provides this news content "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 author above. MENAFN12122024003118003196ID1108988702 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. 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Stocks to buy: Ankush Bajaj recommends three stocks for today—30 December
NoneISLAMABAD - Despite registration of FIRs, punitive actions and operations, illegal housing societies continue to function as per routine in different parts of country, looting hard earned money of small investors and innocent people. Using deceptive tactics first they trap investors and then start fleecing their money on one account or other, like price revision, development charges, possessions charges etc. least bothering about any action against them as most of time officials of concerned authorities are hand in glove with them. Rawalpindi district is also not an exception to this phenomenon where developers and societies’ owners are looting innocent people with both hands since years due to unchecked mushroom growth of these illegal projects. According to available data, there are more than 149 illegal private housing societies functioning in the district and selling plots and residences without required approval. After a boom in real estate sector during last decade, scores of societies surfaced in the vicinity of Rawalpindi city and people invested billions of rupees in this business. Social media and property websites are the best sources of advertisement for this business where property dealers attract investors by sharing fake information. Most of such societies have also opened their offices in other cities within the country and abroad. Gwadar Airport’s landing system in bad weather made functional “It is beyond perception that why these societies’ owners continue to work despite repeated complaints against them,” stated a complainant Ashfaq Ahmed. “Concerned departments seldom take any action. Even if a complaint is lodged they merely issue a notice to these illegal businesses.” Tariq, another resident of Waris Khan claimed the concerned officials to be themselves providing time to the illegal housing scheme for fleecing people as their action remains limited to only issuing notices. “Property dealers submit a plan and start advertisement with ‘RDA approved’ tag even before getting the No Objection Certificate (NOC).” However, Director General (DG), RDA, Kinza Murtaza has claimed otherwise mentioning to strict action against violators of rules and said, the RDA has issued 149 notices to illegal/ fake housing schemes as part of its ongoing efforts to protect general public from exploitation and financial losses. “RDA had warned public against investing in 149 housing schemes in the district that have not obtained NoCs or necessary approvals from the authority,” she added. “We on our part have also intensified action against illegal/ unapproved housing schemes. We are committed to protect general public from harmful effects of these illegal schemes and take strict action them.” Urging citizens to always verify legality of any housing scheme before investment, she stated, “we advise everyone to consult RDA on legality of any scheme where they desire to invest.” She said the RDA had also stopped approval of new housing schemes and a comprehensive survey was conducted, categorizing these schemes into three groups based on their legal status. 146 electric buses land in Islamabad Now whatever the claims of authorities, illegal schemes operating under false pretenses, have caused substantial financial loss by promising ownership of homes that only existed on paper or limited to mere maps and advertisements. According to official data, the RDA enforcement squad during operation took action against illegal housing societies including Top View City (D-17) Project of Orbit International, Al-Baraqa Garden, Kohsar Extension (F-Block) and Nabeel Block (Near Kohsar Extension), Ring Road Enclave (A Project of Jawahir City Pvt. Ltd.), Hurtus Floare, Countree Farmhouse and Resorts, Gilgit City, Mehmood Town (K & M Construction and Developers (Pvt) Ltd.), Hamdard City, Top View City, Wanni in Tehsil Taxila, Green Hurtus, Farm Land Estate and others and demolished road infrastructure, security offices, sewerage lines, containers and removed advertisement boards, panaflexes besides sealing the site offices. South Korea declares 7-day mourning over 179 deaths in plane crash “We have also launched an awareness campaign about housing schemes to save people from financial losses,” Kinza Murtaza said. “The Punjab government has issued clear directions to RDA to save people’s investment and our doors are always open to guide people on investment in housing schemes and legal status of housing societies.” She informed that there were only 69 housing schemes that had obtained approval from RDA while others were illegal. “After survey we have categorized these schemes into three groups and would take action against illegal housing schemes.” Giving details, she informed that illegal housing schemes include Bin Alam City, CBR Residency, Media Enclosure, Al Haram Phase 2, Gujar Khan, Town 21 and others; completely fake schemes are Khyber Model Town Chakri Road, Pak PWD Chakri Road, City Model Town, Al-Baddar Motorway, Shadabad Housing Scheme, and others and non-existent schemes which has no land, staff or offices are Regent Farm House, AM Town, City Homes, Greenstone and others. Quaid-i-Azam posters on display in Tehran Since RDA can take action within a limited ambit of law, the situation is much more worrisome in wake of many developers proceeding abroad after usurping masses money and their operators here have falsely downed prices causing loss of billions to investors. Therefore, top authorities like NAB and FIA must have to indulge in this matter to rescue people trapped in this exploitative business and improve the overall real estate situation so the poor investors could get their dividend and take a sigh of relief. Tags: illegal housing societies