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Business Don't miss out on the headlines from Business. Followed categories will be added to My News. The ASX 200 is expected to open steady in its return after the Christmas break. ASX futures suggest the key domestic index will open at 8218 points, marginally lower than its last close of 8220.90 points. The Aussie dollar is trading around US62.20c. Bitcoin, having recently retreated from above $US100,000, is trading under $US96,000. Wall Street muted on return Wall Street’s three major indexes traded flat in the first session after Christmas as jobless figures came in slightly better than expected. The S&P 500 shed a marginal 2.5 points, the tech-focused Nasdaq dipped 0.1 per cent and the Dow Jones Industrial Average gained 0.1 per cent. Profit-taking hit Magnificent 7 stocks Amazon and Tesla. Amazon closed 0.9 per cent lower to $US227.05 and Tesla lost 1.7 per cent to $US454.13. American jobless claims in the week to 21 December dropped slightly to 219,000 from 220,000 the week prior. The data counts Americans who make initial filings for unemployment benefits. More Coverage The defining trends for private wealth in 2025 Justin Gilmour Big companies funding Trump’s inauguration Rebecca Ballhaus, Dana Mattioli, Shalini Ramachandran and Maggie Severns Originally published as ASX to open steady; Wall St muted on return Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Business Billionaire battle: ‘Pratt abdicated responsibility’ Billionaire Alex Waislitz says his ex-wife failed to involve herself in the affairs of their family business, and called a court case she lodged against him ‘embarrassing’. Read more Business Property chiefs see costs burden easing Leading property bosses say pricing pressures that have driven hundreds of construction firms out of business are stabilising, but energy and labour costs remain a concern. Read more
The streets of The were filled with passion and determination on Monday as an estimated 20,000 students, educators, and university staff marched in protest against the Dutch government’s proposed €1 billion cuts to higher education funding. The demonstration, backed by MPs and key public figures, sent a clear message: the country’s educational future is non-negotiable. Why are the Cuts so Controversial? The proposed budget reductions are set to halt funding for grants to young researchers and force institutions to slash resources across the board. Critics argue this will result in: : The equivalent of closing two major colleges or a large university. Most Read on Euro Weekly News : A threat to the global standing in research and innovation. : Universities like Leiden and Utrecht have already announced cuts to several programmes. Thijs Roovers, chairman of the AOb teachers’ union, warned: “These cuts will rob our society of knowledge and opportunity. This is not what we want, nor what our country needs.” Leaders and Students Unite The protest began at Malieveld, a symbolic gathering point near The Hague’s central station, and moved to the education ministry before returning. High-profile political leaders, including D66’s Rob Jetten and GroenLinks-PvdA’s Frans Timmermans, stood in solidarity with the demonstrators. Abdelkader Karbache, president of the LSVb student union, addressed the crowd: “This is more than a fight against budget cuts. It’s a fight for our future—and it doesn’t end with this one protest.” A Threat to the Netherlands’ Global Standing The cuts come at a time when Dutch universities are slipping in global rankings. Eight out of 13 institutions have fallen on the Times Higher Education rankings, with Delft University of Technology dropping from 48th to 56th place. No Dutch university now remains in the top 50. Meanwhile, Amsterdam and Leiden saw modest gains, but the overall trend has sparked concern among educators and students alike. Political Pushback Grows There may still be hope for a reversal. The upper house of parliament, which previously blocked plans to raise VAT on culture and books, now appears to hold a majority against the education cuts. Wageningen Mayor Floor Vermeulen, speaking as chairman of the Dutch Knowledge City Network, called the proposed cuts “extremely irresponsible and damaging for the Netherlands’ future.” What’s Next? As MPs prepare to debate the proposal later this week, momentum from Monday’s demonstration could shape the outcome. Protesters vow to continue their fight, emphasising that investing in education is essential to maintaining the Netherlands’ reputation as a knowledge-based economy. The message from The Hague is loud and clear: education is the foundation of the future, and its value cannot be measured in euros alone.ITV I'm A Celebrity star left with plastic nose after brutal injury
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Amazon Canada's Boxing Day sale is almost over — 50+ of the best last-minute deals on Apple, Yeti and moreLos Angeles Chargers running back Gus Edwards was ruled out for Saturday's road game against the New England Patriots with an ankle injury. Fellow Chargers running back J.K. Dobbins is close to returning from a four-game absence because of a knee injury, as he was listed questionable to play. Offensive lineman Trey Pipkins III (hip) and linebacker Denzel Perryman (groin) also have been ruled out for Saturday. Edwards, 29, has gained 365 yards rushing this season with four touchdowns, including two in Los Angeles' 34-27 victory over the Denver Broncos on Dec. 19. Dobbins, 26, gained 766 yards with eight TDs in 11 games (nine starts) during his first season with the Chargers. Dobbins joined the Chargers in the offseason while coming off an Achilles tear with the Ravens last season. The Chargers also have running backs Kimani Vidal and Hassan Haskins on the depth chart. Vidal, a rookie, has 131 yards in eight games this season, while Haskins has just 26 yards on 14 carries with a touchdown. The Chargers (9-6) can clinch a playoff berth with a win or tie against the Patriots. --Field Level MediaSoccer-PSG beat Salzburg 3-0 to revitalise Champions League campaign
Membership of Britain's upstart anti-immigration Reform UK party has overtaken that of the centre-right Conservative Party for the first time, the party said Thursday, as Tories disputed the numbers. Party leader and Brexit figurehead Nigel Farage hailed the figure as a "historic moment". Immigration was a major issue at the ballot box at the UK's July general election which saw the Conservatives ousted after 14 years in power. The digital counter on the Reform website showed a membership tally ticking past the 131,680 figure declared by the main opposition Conservatives during its leadership election earlier this year. "The youngest political party in British politics has just overtaken the oldest political party in the world," wrote Farage on X. "Reform UK are now the real opposition." Party chairman Zia Yusuf said the milestone showed the long "stranglehold on the centre-right of British politics by the Tories has finally been broken". The last declared Conservative Party tally was the lowest on record and a drop on 2022, when there were around 172,000 members. New Conservative Party leader Kemi Badenoch, however, questioned the figures, accusing Farage of "fakery". She said Reform's counter was "coded to tick up automatically". Farage responded by saying he would "gladly invite" a firm to "audit our membership numbers" if the Tories did the same. Reform won five seats in the 650-seat UK parliament in July, though it received roughly 14 percent of total votes cast. Reform maximised the damage to the Conservatives by splitting the right-wing vote and picking up former Tory supporters in key constituencies. The Labour Party won by a landslide although Prime Minister Keir Starmer has had a bumpy first five months in power. An Ipsos opinion poll this month found that 53 percent of Britons said they were "disappointed" in what the Labour government had achieved so far. British politics has been dominated by the two main parties -- Labour and the Conservatives -- for decades but commentators have warned that major parties have seen irreversible downturns in their popularity in the past. In the years after World War I, a divided Liberal Party found itself supplanted by the Labour Party as the main opposition. The party of 19th-century political giant William Gladstone and World War I leader David Lloyd George never again regained its status as a party of government. Farage, a supporter of US President-elect Donald Trump, said earlier this month that he was in talks with tech billionaire Elon Musk about donating to his hard-right party. har/jsFormer President Donald Trump vowed that the Republican Party would “use its best efforts” to get rid of Daylight Saving Time. In a post on Truth Social, Trump described Daylight Saving Time as being “inconvenient” and “costly” to the United States. “The Republican Party will use its best efforts to eliminate Daylight Saving Time, which has a small but strong constituency, but shouldn’t,” Trump wrote. “Daylight Saving Time is inconvenient, and very costly to our Nation.” Under Daylight Saving Time, “civil clocks in most areas of the United States are adjusted ahead one hour in the summer months (known as Daylight Savings Time) and returned back one hour in the winter months (known as standard time.) The dates marking the beginning and end of Daylight Saving Time have changed as Congress has passed new statutes,” according to the website of the United States Naval Observatory Astronomical Applications Department. Trump’s post comes as throughout the years there have been attempts to make Daylight Saving Time permanent throughout the U.S. As Breitbart News’s Joel Pollak previously reported , in March 2022, the Senate passed a bill by Sen. Marco Rubio (R-FL), called the Sunshine Protection Act. Under the bill, summer time zones would be permanent. The Hill reported that while “most” of the nation has “observed” Daylight Saving Time since the 1960s, former President Woodrow Wilson is reported to have introduced Daylight Saving Time in 1918.
Barry Keoghan took to X on Saturday to announce that he deactivated his Instagram account following the heavy speculation surrounding his relationship with his infant son and his breakup with pop superstar Sabrina Carpenter . After Keoghan had a son with his ex-partner Alyson Sandro in August 2022, the pair broke up the following summer. Shortly after, Keoghan started dating Carpenter, a quick pivot that led to social media backlash for the 32-year-old actor. Carpenter and Keoghan have now broken up, and their split has been plagued by rumors that Keoghan cheated on her, leading to their separation. The compounded controversies seemingly led Keoghan to deactivate his Instagram. “I can only sit and take so much. My name has been dragged across the internet in ways I usually don’t respond to,” Keoghan said. “I have to respond now because it’s getting to a place where there are too many lines being crossed. I deactivated my account because I can no longer let this stuff distract from my family and my work. The messages I have received no person should ever have to read them. Absolute lies, hatred, disgusting commentary about my appearance, character, how I am as a parent and every other inhumane thing you can imagine.” Keoghan added that in a few cases, the harassment went beyond social media speculation. He noted that some went as far as “knocking on my granny’s door” and “sitting outside my baby boy’s house.” “Each and every day I work harder to push myself on every level to be the healthiest and strongest person for that boy,” Keoghan continued. “I want to provide opportunities for him to learn, fail and grow. I want him to be able to look up to his daddy, to have full trust in me and know I will have his back no matter what. I need you to [remember] he has to read ALL of this about his father when he is older. Please be respectful to all. Thank u x.”Forgotten Canucks prospect Klimovich having red-hot startHENNIKER, N.H. — When Hector Xu learned to fly a helicopter in college, he recalled having a few “nasty experiences” while trying to navigate at night. The heart-stopping flights led to his research of unmanned aircraft systems while getting his doctorate degree in aerospace engineering at Massachusetts Institute of Technology. Then, he formed Rotor Technologies in 2021 to develop unmanned helicopters. Rotor built two autonomous Sprayhawks and aims to have as many as 20 ready for market next year. The company also is developing helicopters that would carry cargo in disaster zones and to offshore oil rigs. The helicopter also could be used to fight wildfires . For now, Rotor is focused on the agriculture sector, which embraced automation with drones but sees unmanned helicopters as a better way to spray larger areas with pesticides and fertilizers. “People would call us up and say, ‘Hey, I want to use this for crop dusting, can I?’ We’d say, OK maybe,” Xu said, adding that the company got enough calls to realize it was a huge untapped market. The Associated Press reporters were the first people outside the company to witness a test flight of the Sprayhawk. It hovered, flew forward and sprayed the tarmac before landing. Rotor’s nearly $1 million Sprayhawk helicopter is a Robinson R44, but the four seats were replaced with flight computers and communications systems allowing it be operated remotely. It has five cameras as well as laser-sensing technology and a radar altimeter that make terrain reading more accurate along with GPS and motion sensors. At the company’s hangar in Nashua, New Hampshire, Xu said this technology means there is better visibility of terrain at night. One of the big draws of automation in agriculture aviation is safety. Because crop dusters fly at about 150 mph and only about 10 feet off the ground, there are dozens of accidents each year when planes collide with power lines, cell towers and other planes . Older, poorly maintained planes and pilot fatigue contribute to accidents. A 2014 report from the National Transportation Safety Board found there were more than 800 agriculture operation accidents between 2001 and 2010, including 81 that were fatal. A separate report from the National Agriculture Aviation Association found nearly 640 accidents from 2014 until this month, with 109 fatalities. “It is a very, very dangerous profession and there are multiple fatalities every year,” said Dan Martin, a research engineer with the U.S. Department of Agriculture’s Agriculture Research Service. “They make all their money in those short few months so sometimes it may mean that they fly 10 to 12 hours a day or more.” Job hazards also include exposure to chemicals. In recent years, safety concerns and the cheaper cost has led to a proliferation of drones flying above farmers’ fields, Martin said, adding that about 10,000 will likely be sold this year alone. The size of the drones and their limited battery power means they can cover only a fraction of the area of a plane and helicopters. That is providing an opening for companies building bigger unmanned aircraft like Rotor and another company, Pyka. California-based Pyka announced in August that it sold its first autonomous electric aircraft for crop protection to a customer in the U.S. Pyka’s Pelican Spray, a fixed-wing aircraft, received FAA approval last year to fly commercially for crop protection. The company also sold its Pelican Spray to Dole for use in Honduras and to the Brazilian company, SLC Agrícola. Lukas Koch, chief technology officer at Heinen Brothers Agra Services, the company that bought the Pelican Spray in August, called unmanned aircraft part of a coming “revolution” that will save farmers money and improve safety. The Kansas-based company operates out of airports from Texas to Illinois. Koch doesn’t envision the unmanned aircraft replacing all the the company’s dozens of pilots but rather taking over the riskiest jobs. “The biggest draw is taking the pilot out of the aircraft inside of those most dangerous situations,” Koch said. “There’s still fields that are surrounded by trees on all borders, or you’ve got big, large power lines or other just dangers, wind turbines, things like that. It can be tough to fly around.” Koch acknowledges autonomous aviation systems could introduce new dangers to an already chaotic airspace — though that is less of a concern in rural areas with plenty of open space and fewer people. Companies like Rotor incorporated built-in in contingencies should something go wrong — its helicopter features a half-dozen communications systems and, for now, a remote pilot in control. If the ground team loses contact with the helicopter, Rotor has a system that ensures the engine can be shut off and the helicopter perform a controlled landing. “That means that we’ll never have an aircraft fly away event,” Xu said. The safety measures will go a long way to helping the company receive what it expects will be FAA regulatory approval to fly its helicopters commercially. Once it has that, the challenge, as Xu sees it, will be scaling up to meet the demand in the U.S. but also Brazil, which has a huge agriculture market but more relaxed regulatory environment. Get local news delivered to your inbox!
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SKOPJE, North Macedonia (AP) — A political party in North Macedonia on Saturday demanded authorities ban social networks whose content incites violence and self-destructive behavior after several young people were seriously injured in connection with the popular “Superman challenge” on TikTok. Health authorities said at least 17 students, ages 10 to 17, were brought to hospitals in the capital Skopje and other towns over the past week with broken bones, contusions and bruises. The children were injured after being thrown into the air by their friends to fly like superheroes and get applause on the internet. The Liberal-Democratic Party, which was part of the left-led coalition that ruled the country from 2016 to earlier in 2024, issued a press statement Saturday strongly condemning “the irresponsible spread of dangerous content on social media, such as the latest TikTok ‘challenge’ known as ‘Superman,’ which has injured six children across (the country) in the past 24 hours.” “The lack of adequate control over the content of social media allows such ‘games’ to reach the most vulnerable users,” the party statement said. It demanded the “immediate introduction of measures to ban content that incites violence and self-destructive behavior, increase surveillance, and sanction platforms that enable dangerous trends.” North Macedonia’s education minister Vesna Janevska said students should focus on education, not TikTok challenges. “The ban on mobile phones in schools will not have an effect. Phones will be available to children in their homes, neighborhoods and other environments,” she said. Psychologists have warned that the desire to be “in” with the trends on social networks, combined with excessive use of mobile phones, is the main reason for the rise in risky behaviors among children. They urged parents and schools to talk with students.
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