phmacao com NEW YORK , Dec. 23, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of November 30, 2024 . AllianceBernstein Global High Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) U.S. Treasury Notes 2.25%, 02/15/27 1.05 % 2) CCO Holdings 4.50%, 08/15/30 - 06/01/33 0.80 % 3) CCO Holdings 4.75%, 02/01/32 0.64 % 4) Dominican Republic Intl Bond 8.625%, 04/20/27 0.60 % 5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 0.53 % 6) AMMC CLO 25 Ltd. 11.406%, 04/15/35 0.51 % 7) Altice France SA 5.125%, 01/15/29 - 07/15/29 0.46 % 8) DaVita, Inc. 4.625%, 06/01/30 0.46 % 9) Bausch Health Cos., Inc. 4.875%, 06/01/28 0.43 % 10) EchoStar Corp. 10.75%, 11/30/29 0.42 % Investment Type Portfolio % Corporates - Non-Investment Grade Industrial Energy 7.41 % Consumer Non-Cyclical 7.04 % Communications - Media 6.97 % Capital Goods 4.53 % Basic 4.27 % Consumer Cyclical - Other 3.78 % Communications - Telecommunications 3.75 % Consumer Cyclical - Retailers 3.27 % Services 2.66 % Consumer Cyclical - Automotive 2.36 % Technology 2.02 % Consumer Cyclical - Entertainment 1.74 % Transportation - Services 1.30 % Transportation - Airlines 0.70 % Consumer Cyclical - Restaurants 0.52 % Other Industrial 0.41 % Transportation - Railroads 0.04 % SUBTOTAL 52.77 % Credit Default Swaps 14.44 % Financial Institutions Finance 2.14 % Brokerage 1.16 % REITs 1.11 % Insurance 0.87 % Other Finance 0.55 % Banking 0.50 % SUBTOTAL 6.33 % Utility Electric 1.35 % Natural Gas 0.06 % SUBTOTAL 1.41 % SUBTOTAL 74.95 % Corporates - Investment Grade Industrial Communications - Media 1.37 % Energy 1.22 % Consumer Cyclical - Automotive 0.87 % Consumer Cyclical - Other 0.73 % Basic 0.66 % Consumer Non-Cyclical 0.47 % Capital Goods 0.43 % Transportation - Airlines 0.38 % Consumer Cyclical - Entertainment 0.30 % Transportation - Services 0.21 % Consumer Cyclical - Retailers 0.20 % Other Industrial 0.05 % Technology 0.03 % Transportation - Railroads 0.03 % Services 0.02 % SUBTOTAL 6.97 % Financial Institutions Banking 4.30 % Insurance 0.82 % Finance 0.64 % REITs 0.37 % Brokerage 0.13 % SUBTOTAL 6.26 % Utility Electric 1.41 % Other Utility 0.05 % SUBTOTAL 1.46 % SUBTOTAL 14.69 % Emerging Markets - Corporate Bonds Industrial Basic 1.95 % Energy 1.13 % Consumer Cyclical - Other 0.96 % Consumer Non-Cyclical 0.79 % Capital Goods 0.26 % Communications - Telecommunications 0.16 % Consumer Cyclical - Retailers 0.14 % Communications - Media 0.09 % Transportation - Services 0.07 % Other Industrial 0.03 % Consumer Cyclical - Automotive 0.02 % SUBTOTAL 5.60 % Utility Electric 0.44 % Other Utility 0.07 % SUBTOTAL 0.51 % Financial Institutions Banking 0.12 % SUBTOTAL 0.12 % SUBTOTAL 6.23 % Bank Loans Industrial Consumer Non-Cyclical 0.98 % Technology 0.98 % Communications - Media 0.67 % Communications - Telecommunications 0.50 % Transportation - Airlines 0.23 % Capital Goods 0.20 % Other Industrial 0.16 % Energy 0.15 % Consumer Cyclical - Retailers 0.05 % Consumer Cyclical - Restaurants 0.02 % SUBTOTAL 3.94 % Financial Institutions Insurance 0.38 % Finance 0.02 % SUBTOTAL 0.40 % SUBTOTAL 4.34 % Interest Rate Futures 3.22 % Collateralized Loan Obligations CLO - Floating Rate 2.83 % SUBTOTAL 2.83 % Collateralized Mortgage Obligations Risk Share Floating Rate 1.55 % Non-Agency Fixed Rate 0.31 % Non-Agency Floating Rate 0.28 % Agency Fixed Rate 0.21 % SUBTOTAL 2.35 % Emerging Markets - Sovereigns 2.33 % U.S. Govt & Agency Securities 1.62 % Quasi-Sovereigns Quasi-Sovereign Bonds 1.20 % SUBTOTAL 1.20 % Local Governments - US Municipal Bonds 0.40 % Commercial Mortgage-Backed Securities Non-Agency Fixed Rate CMBS 0.35 % SUBTOTAL 0.35 % Asset-Backed Securities Other ABS - Floating Rate 0.22 % Autos - Fixed Rate 0.08 % SUBTOTAL 0.30 % Emerging Markets - Treasuries 0.24 % Inflation-Linked Securities 0.22 % Forward Currency Exchange Contracts Currency Instruments 0.13 % SUBTOTAL 0.13 % Common Stocks 0.12 % Preferred Stocks Industrials 0.09 % SUBTOTAL 0.09 % Reverse Repurchase Agreements -0.55 % EM Government Agencies -0.81 % Cash & Cash Equivalents Cash 1.20 % Funds and Investment Trusts 0.69 % SUBTOTAL 1.89 % Derivative Offsets Futures Offsets -3.20 % Swap Offsets -12.94 % SUBTOTAL -16.14 % TOTAL 100.00 % Country Breakdown Portfolio % United States 68.28 % United Kingdom 3.37 % Canada 2.47 % France 2.28 % Germany 1.54 % Brazil 1.50 % Colombia 1.43 % Mexico 1.32 % Italy 1.23 % Spain 1.22 % Luxembourg 1.08 % India 1.04 % South Africa 0.90 % Dominican Republic 0.85 % Israel 0.82 % Chile 0.77 % Australia 0.63 % China 0.61 % Peru 0.58 % Nigeria 0.57 % Hong Kong 0.52 % Macau 0.51 % Netherlands 0.50 % Puerto Rico 0.44 % Turkey 0.38 % Kazakhstan 0.36 % Angola 0.31 % Finland 0.31 % Switzerland 0.31 % Ireland 0.30 % Indonesia 0.25 % Jersey (Channel Islands) 0.25 % Egypt 0.24 % Norway 0.21 % Panama 0.21 % Slovenia 0.20 % Romania 0.19 % Zambia 0.17 % El Salvador 0.16 % Guatemala 0.14 % Azerbaijan 0.11 % Ukraine 0.10 % Ecuador 0.09 % Malaysia 0.08 % Cayman Islands 0.07 % Japan 0.07 % Argentina 0.05 % Jamaica 0.05 % Austria 0.04 % Czech Republic 0.04 % Kuwait 0.04 % Morocco 0.04 % Serbia 0.03 % Uzbekistan 0.03 % Trinidad and Tobago 0.02 % Cash & Cash Equivalents 0.69 % Total Investments 100.00 % Net Currency Exposure Breakdown Portfolio % US Dollar 100.27 % Canadian Dollar 0.18 % Pound Sterling 0.10 % Dominican Peso 0.07 % Norwegian Krone 0.02 % Brazilian Real 0.01 % Indonesian Rupiah 0.01 % Swedish Krona 0.01 % South African Rand 0.01 % South Korean Won -0.01 % Colombian Peso -0.09 % Euro -0.58 % Total Net Assets 100.00 % Credit Rating Portfolio % AAA 1.36 % AA 0.20 % A 1.24 % BBB 15.93 % BB 44.82 % B 23.26 % CCC 8.14 % CC 0.11 % C 0.05 % Not Rated 2.89 % Short Term Investments 0.69 % Reverse Repurchase Agreements -0.54 % N/A 1.85 % Total 100.00 % Bonds by Maturity Portfolio % Less than 1 Year 7.30 % 1 To 5 Years 66.36 % 5 To 10 Years 21.85 % 10 To 20 Years 2.50 % 20 To 30 Years 1.64 % More than 30 Years 0.23 % Other 0.12 % Total Net Assets 100.00 % Portfolio Statistics: Average Coupon: 7.45 % Average Bond Price: 96.67 Percentage of Leverage(based on gross assets): Bank Borrowing: 0.00 % Investment Operations:* 14.91 % Preferred Stock: 0.00 % Tender Option Bonds: 0.00 % VMTP Shares: 0.00 % VRDP Shares: 0.00 % Total Fund Leverage: 14.91 % Average Maturity: 4.57 Years Effective Duration: 3.06 Years Total Net Assets: $987.60 Million Net Asset Value: $11.45 Total Number of Holdings: 1,240 Portfolio Turnover: 45.00 % * Investment Operations may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities. The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P. View original content: https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-releases-monthly-portfolio-update-302338564.html SOURCE AllianceBernstein Global High Income Fund, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Thousands of Microsoft 365 customers worldwide reported having issues with services like Outlook and Teams on Monday. In social media posts and comments on platforms like outage tracker Downdetector, some impacted said that they were having trouble seeing their emails, loading calendars or opening other Microsoft 365 applications such as Powerpoint. Microsoft said it identified a “recent change” that it believed to be behind the problem — and was working to revert it. The bird flu virus was detected in a retail sample of raw milk from a dairy in Fresno, California, state health officials said. The sample obtained at a store tested positive Nov. 21 during routine screening by Santa Clara County health officers, the state Department of Public Health said Sunday. The dairy, Raw Farm, issued a voluntary recall for one batch of cream top, whole raw milk with a best buy date of Nov. 27. Workers who clean airplanes, remove trash and help with wheelchairs at Charlotte’s airport, one of the nation’s busiest, went on strike Monday during a busy week of Thanksgiving travel to demand higher wages. The Service Employees International Union announced the strike in a statement early Monday, saying the workers would demand “an end to poverty wages and respect on the job during the holiday travel season.” The strike was expected to last 24 hours.FRISCO, Texas (AP) — A rare win as a double-digit underdog came just in time to let the Dallas Cowboys believe their playoff hopes aren't completely gone in 2024. Cooper Rush probably will need three more victories in a row filling in for the injured Dak Prescott for any postseason talk to be realistic. The thing is, the Cowboys (4-7) could be favored in two of those games, and already are by four points as an annual Thanksgiving Day host against the New York Giants (2-9) on Thursday, according to BetMGM. Not to mention the losing record at the moment for each of the next four opponents for the defending NFC East champions, playoff qualifiers each of the past three seasons. The Cowboys have a chance to make something of the at Washington that ended a five-game losing streak. “Behind the eight ball,” Micah Parsons said, the star pass rusher acknowledging the reality that Dallas hadn't done much yet. “Let’s see how we can handle adversity and see if we can make a playoff run. But we got a long way to go.” It was a start, though, powered in part by the best 55 minutes from the Dallas defense since the opener, when the Cowboys dismantled Cleveland and looked the part of a Super Bowl contender. The last five minutes for the Dallas defense against the Commanders looked a lot like most of the nine games after that 33-17 victory over the Browns. Which is to say not very good. Jayden Daniels easily drove Washington 69 yards to a touchdown before throwing an in the final seconds to Terry McLaurin, who weaved through five defenders when a tackle might have ended the game. The Cowboys kept a 27-26 lead thanks to Austin Seibert's second missed extra point, and withstood another blunder when Juanyeh Thomas returned an onside kick recovery for a TD rather than slide and leave one kneel-down from Rush to end the game. Dallas will have to remember it did hold a dynamic rookie quarterback's offense to 251 yards before the madness of the ending in the Cowboys' biggest upset victory since 2010 at the New York Giants. That one was too late to save the season. This one might not be. “We needed it,” embattled coach Mike McCarthy said. “It’s been frustrating, no doubt. We’ve acknowledged that. We’ve got another one right around the corner here, so we have to get some wins and get some momentum.” What's working Rush ended a personal three-game losing streak with his best showing since the previous time he won as the replacement for Prescott, who is out for the season after surgery for a torn hamstring. The 117.6 passer rating was Rush's best as a starter, and the NFL's second-worst rushing attack played a solid complementary role with Rico Dowdle gaining 86 yards on 19 carries. What needs help did more than lift the Cowboys when it appeared an 11-point lead might get away in the final five minutes. It eased the worst day of special teams for Dallas since John Fassel took over that phase four years ago. Suddenly struggling kicker Brandon Aubrey had one field-goal attempt blocked and missed another. Bryan Anger had a punt blocked. For the second time in five games, Aubrey's attempt to bounce a kickoff in front of the return man backfired. The ball bounced outside the landing zone, putting the Commanders at the 40-yard line to start the second half and setting up the drive to the game's first touchdown. Stock up CB Josh Butler, whose NFL debut earlier this season came five years after the end of his college career, had 12 tackles, a sack and three pass breakups. The pass breakups were the most by an undrafted Dallas player since 1994. Stock down Rookie LT Tyler Guyton, who has had an up-and-down season with injuries and performance issues, was benched immediately after getting called for a false start in the fourth quarter. His replacement, Asim Richards, could be sidelined with a high ankle sprain that executive vice president of personnel Stephen Jones revealed on his radio show Monday. Veteran Chuma Edoga, who was the projected starter at Guyton's position before a preseason toe injury, was active but didn't play against the Commanders. He's awaiting his season debut. Injuries The status of perennial All-Pro RG Zack Martin (ankle/shoulder) and LG Tyler Smith (ankle/knee) will be a question on the short week after both sat against Washington. Stephen Jones indicated Smith could be available and said the same of WR Brandin Cooks, who hasn't played since Week 4 because of a knee issue. TE Jake Ferguson may miss at least a second week with a concussion. The short week might make it tough for CB Trevon Diggs (groin/knee) to return. Key number 75% — Rush's completion rate, his best with at least 10 passes. He was 24 of 32 for 247 yards with two touchdowns and no interceptions. His other game with multiple TDs and no picks was a 25-10 victory over Washington two years ago, when he went 4-1 with Prescott sidelined by a broken thumb. Next steps There's some extra rest after the short week, with Cincinnati making a “Monday Night Football” visit on Dec. 9. The next road game is at Carolina on Dec. 15. ___ AP NFL: Schuyler Dixon, The Associated Press

Daily scores two TDs to help No. 25 Army hold off UTSA 29-24

Dublin Bay North General Election 2025 updates: Spoiled votes examined as count one expected this evening

PNC Financial Services Group Inc. reduced its holdings in Microchip Technology Incorporated ( NASDAQ:MCHP – Free Report ) by 0.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 133,287 shares of the semiconductor company’s stock after selling 1,091 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Microchip Technology were worth $10,702,000 as of its most recent filing with the SEC. A number of other institutional investors have also made changes to their positions in the business. SeaCrest Wealth Management LLC grew its holdings in Microchip Technology by 3.3% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 4,147 shares of the semiconductor company’s stock valued at $379,000 after buying an additional 131 shares during the last quarter. Corundum Group Inc. grew its stake in shares of Microchip Technology by 3.4% in the third quarter. Corundum Group Inc. now owns 4,315 shares of the semiconductor company’s stock worth $346,000 after acquiring an additional 143 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its stake in shares of Microchip Technology by 4.5% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 3,470 shares of the semiconductor company’s stock worth $318,000 after acquiring an additional 148 shares during the last quarter. Busey Bank increased its position in Microchip Technology by 2.6% during the second quarter. Busey Bank now owns 6,006 shares of the semiconductor company’s stock worth $550,000 after acquiring an additional 155 shares during the period. Finally, Financial Advocates Investment Management raised its stake in Microchip Technology by 1.5% during the 3rd quarter. Financial Advocates Investment Management now owns 10,795 shares of the semiconductor company’s stock valued at $867,000 after purchasing an additional 158 shares during the last quarter. 91.51% of the stock is currently owned by institutional investors. Analyst Ratings Changes MCHP has been the topic of several research reports. KeyCorp dropped their price objective on shares of Microchip Technology from $100.00 to $95.00 and set an “overweight” rating on the stock in a report on Wednesday, November 6th. Rosenblatt Securities restated a “buy” rating and set a $90.00 price target on shares of Microchip Technology in a research note on Wednesday, November 6th. JPMorgan Chase & Co. reduced their price objective on Microchip Technology from $110.00 to $100.00 and set an “overweight” rating for the company in a research report on Friday, August 2nd. B. Riley cut their target price on Microchip Technology from $110.00 to $103.00 and set a “buy” rating for the company in a research note on Friday, August 2nd. Finally, Evercore ISI reiterated an “outperform” rating and set a $95.00 price target (down previously from $101.00) on shares of Microchip Technology in a research note on Wednesday, November 6th. One analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $92.00. Microchip Technology Price Performance Microchip Technology stock opened at $66.69 on Friday. The business’s fifty day moving average is $74.59 and its two-hundred day moving average is $83.24. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.48 and a current ratio of 0.88. The firm has a market cap of $35.81 billion, a P/E ratio of 46.64 and a beta of 1.53. Microchip Technology Incorporated has a 52 week low of $62.63 and a 52 week high of $100.57. Microchip Technology ( NASDAQ:MCHP – Get Free Report ) last issued its quarterly earnings data on Tuesday, November 5th. The semiconductor company reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. Microchip Technology had a net margin of 14.22% and a return on equity of 19.47%. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the firm earned $1.54 EPS. The company’s revenue was down 48.4% on a year-over-year basis. Equities research analysts forecast that Microchip Technology Incorporated will post 1.38 earnings per share for the current fiscal year. Microchip Technology Increases Dividend The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be issued a dividend of $0.455 per share. This is an increase from Microchip Technology’s previous quarterly dividend of $0.45. The ex-dividend date is Friday, November 22nd. This represents a $1.82 annualized dividend and a yield of 2.73%. Microchip Technology’s dividend payout ratio is currently 127.27%. Microchip Technology Profile ( Free Report ) Microchip Technology Incorporated engages in the development, manufacture, and sale of smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit mixed-signal microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. Recommended Stories Want to see what other hedge funds are holding MCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Microchip Technology Incorporated ( NASDAQ:MCHP – Free Report ). Receive News & Ratings for Microchip Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Microchip Technology and related companies with MarketBeat.com's FREE daily email newsletter .Jimmy Carter, the 39th US president, has died at 100

Danny Wild-Imagn Images In somewhat of a surprising move, the New York Rangers made veteran . The 33-year-old left winger has produced only one goal and one point in his past eight games, and Rangers coaching and management obviously wanted to send a message by scratching Kreider. "We just need more," after the game. Peter Laviolette on why the Rangers scratched Chris Kreider: “It was just a lineup decision. We just need more.” — Remy Mastey (@MasteyRemy) Sitting out Kreider does not help the Rangers or the player at all. And clearly, the score suggested the same. The Devils hammered the Rangers 5-0, handing the Blueshirts their second straight loss and fifth defeat in six games. The Rangers, without their third-highest shooter in Kreider, only mustered up 12 shots on goal. New Jersey even mocked the Rangers for last week. The Rangers couldn't bring the best out of the No. 2 draft pick in 2019, and they scratched him, displeased him and traded him. The Devils, meanwhile, got three points from No. 1 pick Jack Hughes. OH MY GOD. The just played the video of Rangers fans cheering when Jack Hughes got drafted. Jack bursted out into laughter when they showed him on the jumbotron. — Daniel Amoia (@daniel_amoia) , and scratching Kreider did not help at all. The main issue in Manhattan isn’t Kreider’s struggles on offense. It’s the team’s struggles on offense. The Rangers scored one goal or fewer in four of their five games before Monday, and they scored just two goals in the fifth game. This can’t be pinned solely on Kreider, who has never posted fewer than 36 goals in any of the past three seasons. Kreider currently has 11 goals in 30 games – tying him for second-best on the Rangers – and somehow, the team thinks the Rangers will fare better without Kreider. If this healthy scratch is meant to be a prelude to Kreider getting traded, we don’t know how you showcase Kreider to other teams when he’s sitting in the press box. Wouldn’t it be best to keep Kreider in the lineup, give the Blueshirts some scoring firepower in the short term and trade him once the NHL’s holiday roster freeze concludes? We think so. The Rangers have more than enough salary cap space – about – to make a trade without including Kreider’s $6.5-million cap hit. And the bigger issue with Kreider is the two seasons he’s under contract following this one. That’s going to be a tough job for Rangers GM Chris Drury to convince another team to invest in a player the Rangers seem no longer interested in investing in. There’s no doubt about it – the Rangers are a serious mess. But chalking up their woes to Kreider’s impact (or lack thereof) is not right if you’re Rangers management. The loyalty Kreider has shown to the organization over the past dozen seasons is not being paid back at the moment. Given the fact that the Rangers lost 5-0 to the Devils and were humiliated in the process, Kreider obviously isn’t the problem in New York City. The only message the Rangers sent by scratching Chris Kreider is they should probably not scratch Chris Kreider — Adam Wylde (@AdamWylde) In the right situation – on a legitimate Stanley Cup contender – Kreider could be a goal machine and a difference-maker. But the Rangers are not in the right situation, and laying their struggles at the feet of an experienced hand like Kreider is not to see the forest for the trees. When Kreider does return to action, he needs to play with a chip on his shoulder because the Rangers have disrespected him in a major way. Kreider can be part of a team’s solution as he has long been, but the Rangers seem to no longer want him to be part of the solution in Manhattan.Sports on TV for Monday, Dec. 30

NoneAppTech Payments Corp. ( NASDAQ:APCX – Get Free Report ) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 459,500 shares, an increase of 122.3% from the November 30th total of 206,700 shares. Based on an average daily volume of 3,510,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 1.9% of the company’s shares are sold short. Institutional Trading of AppTech Payments A hedge fund recently bought a new stake in AppTech Payments stock. Concurrent Investment Advisors LLC bought a new stake in shares of AppTech Payments Corp. ( NASDAQ:APCX – Free Report ) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 52,002 shares of the company’s stock, valued at approximately $49,000. Concurrent Investment Advisors LLC owned approximately 0.21% of AppTech Payments at the end of the most recent reporting period. 5.15% of the stock is owned by hedge funds and other institutional investors. AppTech Payments Trading Down 14.8 % NASDAQ:APCX opened at $0.73 on Friday. AppTech Payments has a 52 week low of $0.31 and a 52 week high of $2.30. The firm’s fifty day moving average is $0.58 and its 200-day moving average is $0.76. The firm has a market cap of $20.05 million, a P/E ratio of -1.51 and a beta of 0.15. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.06 and a current ratio of 0.06. About AppTech Payments AppTech Payments Corp., a financial technology company, provides electronic payment processing technologies and merchant services in the United States. Its merchant transaction services offer processing payments for credit and debit cards through point-of-sale equipment, e-commerce gateways, periodic automatic clearing house payments, and gift and loyalty programs. See Also Receive News & Ratings for AppTech Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AppTech Payments and related companies with MarketBeat.com's FREE daily email newsletter .

Tens of thousands of Spaniards protest housing crunch and high rents in BarcelonaORCHARD PARK, N.Y. — In losing Sunday’s battle with the Buffalo Bills, perhaps the best team in football, Jerod Mayo won the war. Best I can tell, he’s staying put. For 2025, and maybe beyond. To his angry fan base and incredulous pockets of the New England Patriots’ media corps, remember Mayo’s future doesn’t hinge on winning this season. It’s not about what you want, or what I think. It’s about the Krafts, who hand-picked Mayo to succeed Bill Belichick four and a half years before he actually did, believing in him, and finding reasons to maintain that belief. In the eyes of someone who wants to believe, Sunday supplied enough reason. The Patriots led at halftime, then lost by three as 14-point underdogs. They became the first team since mid-October to hold the Bills under 30 points. Drake Maye outplayed the next MVP of the league for most of the game and took another step toward his destiny as a franchise quarterback, People are also reading... If that sounds like a low bar, that’s because it is. Such is life in Year 1 of a rebuild, a multi-year process ownership has committed to seeing through to the end with their organizational pillars now in place: Mayo, Maye and de facto GM Eliot Wolf. As frustrating as this 3-12 campaign has been, there are always nuggets of optimism amid the rubble of a losing season; particularly if you want to find them. The Krafts do, and so does Maye, who loves his head coach, by the way; calling questions about Mayo’s job security “BS.” “We’ve got his back,” Maye said post-game. Maye’s voice matters. Certainly more than any number of fans or media members. Ever since media-fueled speculation that Mayo could get canned at the end of his first season began rising, the caveat has always been the same: if, a Gillette Stadium-sized “if,” the Patriots bomb atomically down the stretch, ownership could pull the plug on Mayo. NFL Network insider Ian Rapoport became the latest to join that chorus Sunday with this pregame report: “The Krafts want to keep Jerod Mayo,” he said. “They believe he is the leader for the organization for the future, and they knew it would be a multi-year process to get this thing right. Now if things go off the rails, if they really start to struggle and he loses the locker room the last couple games of the season, we’ve seen this thing turn. “But as of now, the Patriots believe Jerod Mayo is their leader for the future.” Well, Mayo hasn’t lost the locker room. That’s a fact. To a man, both in public and from those I’ve spoken to in private, Patriots players believe in their head coach. Mayo might be a players’ coach, yes, in the best and worst senses. But the Patriots were a few plays away Sunday from pulling off their largest upset since Super Bowl XXXVI. “I think we’re building something good,” Maye said. The Patriots also played their best half of football this season against their toughest opponent yet. Another fact. Now, to the frustrated, I am with you. To the shocked, I understand. But to the trigger-happy, lay down your arms. Mayo, by all accounts, is returning in 2025. Alex Van Pelt, however, is another story. In the same vein that the Krafts could have viewed Sunday’s performance as a reason to save Mayo — despite his pathetic punt at midfield, down 10 with just eight and a half minutes left — they could have convinced themselves their offensive coordinator is the real problem. After all, team president Jonathan Kraft was visibly exasperated over Van Pelt’s play-calling during the Pats’ loss at Arizona a week earlier. Four days later, Van Pelt told reporters he had yet to hear from his boss. Well, that time may be coming. Trailing by three in the fourth quarter Sunday, Van Pelt called a pass that resulted in an unnecessary lateral and game-winning touchdown for Buffalo. His offense later operated like it was taking a Sunday drive with the game on the line, using up 3:16 of the final 4:19 en route to its final touchdown. Van Pelt, finally, weaponized Maye’s legs in critical situations, something that arguably should have been done weeks ago. Not to mention, Van Pelt’s top running back can’t stop fumbling, and the offensive line remains a hot mess. Call him Alex Van Fall Guy. Because Van Pelt’s offense, for the first time in a while, under-performed relative to Mayo’s defense. On merit, he deserves to stay; a case that’s harder to make for defensive coordinator DeMarcus Covington. But it’s not about merit this season. It’s not about what you want. It’s not about what I think. It’s about the Krafts; what they see, what they want, what they believe. Even in defeat. ____ Get in the game with our Prep Sports Newsletter Sent weekly directly to your inbox!

COLUMBUS, Ohio (AP) — Dominic Zvada kicked a 21-yard field goal with 45 seconds left and Michigan stunned No. 2 Ohio State 13-10 on Saturday, likely ending the Buckeyes ’ hopes of returning to the Big Ten title game. Kalel Mullings broke away for a 27-yard run, setting up the Wolverines (7-5, 5-4) at Ohio State's 17-yard line with two minutes remaining in the game. The drive stalled at the 3, and Zvada came on for the chip shot. Ohio State (10-2, 7-2, No. 2 CFP) got the ball back but couldn't move it, with Will Howard throwing incomplete on fourth down to seal the Wolverines' fourth straight win over their bitter rival. “You come to Michigan to play this game,” Zvada said. “So, it's the biggest one of the year. It's the one that everyone looks forward to, and to be able to come in here and take the win, it's amazing.” This Ohio State loss in the “The Game” might have been the toughest of the past four because Michigan was unranked and wrapping up a disappointing season. The Wolverines were also playing without a couple of top players: tight end Colston Loveland and cornerback Will Johnson. The Buckeyes were favored by 21 points, the widest point spread for this rivalry since 1978, according to ESPN Stats and Info. Records — and point spreads, for that matter — rarely mean much when these two teams meet. “Our defense played outstanding," Michigan coach Sherrone Moore said. "We held a high-powered offense to 10 points, 77 rushing yards.” The Buckeyes were off all afternoon. Howard was 19 for 33 for 175 yards with one touchdown and two interceptions and Jayden Fielding missed two field-goal attempts. The run game was hardly there. “It's hard, man,” an emotional Howard said. “I really don’t have much right now. I do know we're a two-loss team. We're going to get into the playoffs and make a run. But, I mean, this one hurts.” Mullings was Michigan's primary weapon. He rushed for 116 yards and the Wolverines only touchdown of the game in the first half as neither team could get much going offensively on the frigid afternoon. “They made plays, we made plays, so as the game wore on you could definitely, slowly feel them starting to lose confidence, lose that energy and lose that faith,” Mullings said. Howard was clunky all day. In the first half he threw an interception from deep in his own territory that led to Michigan's touchdown. He went out for a play in the second quarter to be checked for a head injury. After the game, he said he was fine. “We're very disappointed, and never thought this would happen right here,” Ohio State coach Ryan Day said. “We expected to win this game and go play in the Big Ten championship game.” After the game, Michigan players attempted to plant their flag at midfield and were confronted by Ohio State players. A skirmish ensued as both teams pushed and shoved before being separated. Michigan: Did just enough and caught Ohio State on an off day. Ohio State: It's inexplicable how badly the Buckeyes played in their biggest game of the season. They would need No. 4 Penn State and No. 10 Indiana to lose later Saturday in order to make it into the Big Ten title game next week. The Buckeyes will fall. There has been talk all season about how many of the Ohio State team leaders, including receiver Emeka Egbuka, running back TreVeyon Henderson and defensive end Jack Sawyer, chose to return for another year instead of entering the NFL draft because they wanted to beat Michigan at least once. Those players were inconsolable after the game. One of them, linebacker Cody Simon, was asked how he felt. “I just can't speak that right now,” Simon said. “I feel like we let the whole Buckeye nation down.” Michigan will wait for a minor bowl game. Ohio State, assuming either Penn State or Indiana wins on Saturday, will see how the final College Football Playoff rankings shakeout on Dec. 8. AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football . Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25(All times Eastern) Schedule subject to change and/or blackouts Monday, Dec. 30 COLLEGE BASKETBALL (MEN’S) 3 p.m. BTN — W. Michigan at Michigan St. 5 p.m. BTN — Columbia at Rutgers 7 p.m. BTN — New Hampshire at Iowa CBSSN — Cincinnati at Kansas St. SECN — Presbyterian at South Carolina 8 p.m. ESPN2 — Oakland at Arkansas 9 p.m. BTN — Southern U. at Nebraska CBSSN — Iowa St. at Colorado SECN — Bethune-Cookman at Mississippi St. COLLEGE FOOTBALL 2:30 p.m. ESPN — The TransPerfect Music City Bowl: Iowa vs. Missouri, Nashville, Tenn. IIHF HOCKEY (MEN’S) 1 p.m. NHLN — World Junior Championship Group Stage: Slovakia vs. Kazakhstan, Group B, Toronto 2:30 p.m. NHLN — World Junior Championship Group Stage: Germany vs. Latvia, Group A, Ottawa, Ontario NBA BASKETBALL 7 p.m. NBATV — New York at Washington 10 p.m. NBATV — Dallas at Sacramento NFL FOOTBALL 8:15 p.m. ABC — Detroit at San Francisco ESPN — Detroit at San Francisco NHL HOCKEY 7 p.m. NHLN — N.Y. Rangers at Florida SOCCER (MEN’S) 3 p.m. USA — Premier League: Newcastle United at Manchester United TENNIS 6 a.m. TENNIS — United Cup: Group Stage TBD; Brisbane-ATP/WTA, Hong Kong-ATP, Auckland-WTA Early Rounds 6:30 p.m. TENNIS — United Cup: Group Stage TBD; Brisbane-ATP/WTA, Hong Kong-ATP, Auckland-WTA Early Rounds The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .Utah Hockey Club walks to arena after bus gets stuck in Toronto traffic

( MENAFN - The Conversation) 20 years have passed since the Aceh tsunami, leaving deep scars on Indonesia, especially for those directly affected. Aceh was also recovering from a three-decade armed conflict between the Free Aceh Movement and the national government Throughout December 2024, The Conversation Indonesia, in collaboration with academics, is publishing a special edition honouring the 20 years of efforts to rebuild Aceh . We hope this series of articles preserves our collective memory while inspiring reflection on the journey of recovery and peace in the land of 'Serambi Makkah.' In the aftermath of the 2004 Indian Ocean Tsunami, the Acehnese interpreted the disaster in various ways. Initially, the tsunami was interpreted as a punishment or warning from God. Over time, a collective interpretation of the disaster emerged: “The tsunami as a test from God” . This later narrative was compelling enough to accelerate the post-tsunami recovery process . People in Aceh moved past the tsunami trauma by believing their deceased family members were martyrs who deserved a place in heaven, while those who survived were given the opportunity by Allah to live better lives. The process of forming this narrative is called memory canonisation . It occurs when the government and ruling elites impose a specific interpretation or narrative of a disaster, including what to remember and how to remember it . Memory canonisation is evident in the creation of disaster monuments and commemoration events, including in Aceh. Unfortunately, many survivors feel detached from the monuments because they do not evoke personal memories of the tsunami. Constructing permanent memorials after a disaster is a common trend in a modern society . Many tsunami monuments exist in Aceh, and some have even become tourist destinations. Tsunami monuments can be divided into two categories based on the construction. First , monuments built from tsunami debris that are deliberately maintained, modified, or enhanced with certain elements. Examples include the stranded electric-generator ship (the PLTD Apung), the ship on the top of a house in Lampulo, and the tsunami debris at the Rahmatullah Mosque in Lampuuk. Second , monuments intentionally designed and constructed as new buildings after the tsunami, such as the Aceh Tsunami Museum and the Tsunami Poles erected in over 50 locations across Banda Aceh and Aceh Besar. The establishment of disaster memorials is always political . Disaster monuments represent how governments and elites promote specific interpretations as dominant. This is achieved through specific architectural designs or curated narratives in the monument. However, the memory canonisation process is never final. Once established, each disaster monument becomes a place to form, strengthen, modify, alter, and revise the interpretation of the disaster. In a post-disaster situation, the affected community faces 'push and pull' between remembering and forgetting the disaster . They must let go of trauma to move forward while preserving disaster memories to honour victims and enhance future preparedness. The memory of the disaster resides in the back of their mind, but not constantly remembered in everyday life. It will move to the surface as an active memory only when triggered by certain factors, such as a place, object, or event. This memory closely relates to how the survivors give meaning to the disaster. In everyday life, survivors interact with disaster monuments in various contexts –for instance, as a source of income or a place for leisure . Thus, the meaning of a disaster monument can vary, even becoming completely unrelated to its creators' narratives and original goals. Preliminary findings from my ongoing research in Aceh show that among survivors, tsunami memories are often triggered by specific places associated with their experiences. These include the house where they found safety, the coastal area that swept them away, or the ruins of their homes. I refer to these as“the forgotten memories of the tsunami.” Since many tsunami monuments were erected without involving local residents , they feel barely connected, let alone have a sense of ownership, towards the monuments. For survivors, the established monuments do not trigger their memories of the tsunami. Today, 20 years after the tsunami, we can still meet survivors who offer valuable and insightful stories about starting over, rebuilding their homes and villages, and cultivating cultural awareness about tsunamis while embracing vulnerability. However, once these survivors pass away, future generations will lose access to primary sources of learning about the tsunami. This includes new inhabitants who moved to Aceh after the tsunami and rent houses in coastal areas. They will, therefore, depend on the tsunami memorials around them, though many have been neglected . To address these risks, I recommend two measures. First , we can document the“forgotten tsunami memories” creatively through formats like documentary videos, comics, photos, social media content, or other mediums that highlight stories offering insights into disaster risk reduction and education for younger generations. Second , we must encourage sustainable and meaningful interactions between locals and tsunami monuments. Disaster memorials serve their purpose best - preserving the memory of the disaster and educating younger generations - when they remain relevant to residents' daily activities. Locals' active participation is essential in Aceh, including school visits and involvement in . These measures aim to foster a sense of ownership among residents of the tsunami monuments in their neighbourhoods. They encourage voluntary maintenance of the monuments and make them integral to disaster risk reduction efforts. This article was originally published in Indonesian MENAFN23122024000199003603ID1109025583 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.Investing alongside you, fellow Foolish investors, here’s a selection of stocks that some of our contributors have been buying across the past month! abrdn What it does: abrdn is an investment company whose clients range from Sovereign wealth funds through to individuals. By . The latest trading update from ( ) back in October, highlighted that it continues to struggle to stem outflows from its funds. Year to date, capital withdrawn from its funds has been £2.3bn greater than deposits. Since 2022, net outflows have totalled over £25bn. The reasons for these outflows are varied. But one key factor has been the rise of passive investing strategies. As an active investment manager, its funds have simply been unable to match the stellar returns of the , which is where the vast majority of global capital is drawn to. So, is this a doomed business? I don’t believe it is. Passive investing strategies work well when markets are rising, but when they are falling, they can be disastrous. In such a market, active managers tend to stand out. Indeed, this has been the case in bond markets, where abrdn’s funds have outperformed. Its falling share price means it now sits on a meaty 10.5% dividend yield. The road ahead will undoubtedly be bumpy but I could not sit on the sidelines when shares in a quality business go on sale. Chord Energy What it Does: Chord Energy is an oil and gas company. It’s the largest independent operator in the Williston Basin. By . Warren Buffett et al have been continuing to build ’s stake in . In a similar spirit, I’ve been buying shares in ( ). Chord’s operations are in the Williston Basin. The downside to that is that extraction costs are higher than they are in the Permean – where Occidental has its operations. On top of this, depletion rates are relatively high, meaning new wells either have to be found or acquired more regularly. Despite this, I think the stock looks like a good opportunity. The company is set to return 75% of its free cash flows to investors. And if oil prices average $70 per barrel, that’s forecast to be around $525m in dividends. With a market cap of $7.8bn, that’s a 6.7% yield. And I’m expecting this to increase over the next decade, making for an attractive passive income opportunity. CrowdStrike What it does: CrowdStrike is a fast-growing cybersecurity company that has clients globally. By . I’ve had ( ) shares on my watchlist for ages now. And I finally pulled the trigger and bought a few for my portfolio. The main reason I’ve invested here is that the cybersecurity industry is set for huge growth over the next decade. And this is the fastest-growing large-cap company in the market. I also think the industry offers an element of defence. Given the disastrous damage that cyberattacks can cause, no company can afford to pull back on cybersecurity spending today. It’s worth noting that CrowdStrike was responsible for the major global IT outage a few months ago. This could result in slightly slower growth (and share price volatility) in the near term as customers renegotiate their contracts. So, I’ve started with a very small position here to reduce my risk. Taking a five to 10-year view, however, I’m fairly confident that this company will generate good returns for me. iShares S&P 500 Information Technology Sector ETF What it does: iShares S&P 500 Information Technology Sector ETF invests in industry giants like the ‘Magnificent Seven.’ By . As its name implies, the ( ) provides exposure to the US’ biggest technology stocks. Consequently, it has substantial growth potential and the capacity to deliver exceptional capital gains. In the past five years, it’s delivered an impressive average yearly return of 26.2%. The ETF’s three biggest holdings are , and , which collectively account for almost 60% of its entire weighting. So poor news coming out of these businesses can have a significant adverse effect on the fund. Still, I’m confident a tech-focused fund like this could deliver more great returns over the long term. Segments like robotics, AI, cybersecurity, cloud services, and spatial and quantum computing are all tipped for strong growth in the coming decade. And with capital spread across 69 different companies, this ETF means investors take on less risk than by investing in one or two particular shares. This is critical, in my opinion, given the industry’s rapid pace of change. ITV What it does: ITV is a broadcaster with a terrestrial and digital business, as well as operating production studios and facilities By . The market did not like a recent trading update from ( ). That reaction was understandable. Revenues in the first nine months of the year were 8% below the same period last year. Total revenue in the studios part of the business fell a fifth compared to the prior year period. There are risks that advertising demand may remain weak. Plans for further cost-cutting also involve risks, as I see it. Such cuts can hurt staff morale and also reduce the organisation’s nimbleness, at a time when advertising demand is hard to predict. Still, I think the current share price undervalues this consistently profitable business. The share price is within 1% of where it began the year, but has more than halved in five years. That means the dividend yield is now a juicy 7.9%. ITV still has a lucrative legacy business and has been building its digital footprint strongly. The studios arm provides additional revenue streams. . MercadoLibre What it does: MercadoLibre is a Latin American based e-commerce enterprise that simultaneously providing digital payment solutions. By . While dominates e-commerce across Europe and North America, ( ) reigns supreme in Latin America. The online marketplace took a bit of a tumble following its latest earnings. Despite revenue surging by 35% to a new high of $5.3bn for the quarter, the lacklustre 9.4% growth in profits due to shrinking margins caused concern. A drop from 18% operating margins to 10% is undoubtedly worrying. The drag on earnings stems from a jump in credit card loans that helped deliver higher revenue but at a lower margin. When paired with aggressive investment in new distribution facilities in Brazil, seeing earnings take a hit isn’t entirely surprising. Increased exposure to credit card debt comes at a higher level of risk. But, management seems to be acting prudently to avoid bad debt. At the same time, MercadoLibre just added another seven million new buyers to its online marketplace, bringing the total to 60.8 million!

Mumbai, Nov 23 (PTI) Sarita Fadnavis, BJP leader Devendra Fadnavis's mother, on Saturday said her son is a "favourite" of Prime Minister Narendra Modi and everyone in the BJP wants him to become the next chief minister of Maharashtra. Speaking to reporters in Nagpur as the ruling coalition was on its way to win a massive victory in the assembly elections, she said her son, currently a deputy chief minister, knows how to overcome challenges. "Everyone in the party wants him to become the next chief minister. It is evident that others also wish that he takes on that role. He is indeed a favourite of prime minister Narendra Modi who regards him as a son," Sarita Fadnavis said. Her son's tireless work and people's love for him brought this victory, she said. Asked about the Opposition targeting her son over the last two years, she said, "This is precisely why he described himself as the Abhimanyu of modern times. He understands how to navigate his way through the challenges he faces." Fadnavis's political stock has soared after Saturday's results as the BJP has put up its best-ever performance in these elections. He was the chief minister of the state from 2014 to 2019. His father, late Gangadhar Fadnavis, was a leader of the Jan Sangh and later the BJP. (This story has not been edited by THE WEEK and is auto-generated from PTI)Ranked: Top 10 country footy coach moves to watch in 2025

PHOENIX — Arizona top officials certified the state’s election results Monday, including voters' approval of a measure that expands abortion access from 15 weeks to the point of fetal viability. The victory for reproductive rights groups sets the stage for their next battle: challenging other laws on the books in Arizona they say are too restrictive. The 15-week cutoff, for example, allows exceptions only when the mother's life is at risk. Absent a court order or legislative action, those laws will remain unchanged, even if they conflict with the voter-approved measure. Opponents of the constitutional amendment are preparing a defense. For now, providers will have discretion in performing abortions beyond 15 weeks. Legal challenges are expected within days, Attorney General Kris Mayes said at a news conference celebrating expanded access. "The position of the state of Arizona will be that we agree that abortion is legal in our state," Mayes said. Get the latest breaking news as it happens. By clicking Sign up, you agree to our privacy policy . Arizona was one of five states where voters approved ballot measures in the 2024 general election to add the right to an abortion to their state constitutions. Nevada voters also approved an amendment, but they'll need to pass it again in 2026 for it to take effect. Another that bans discrimination on the basis of “pregnancy outcomes” prevailed in New York. Abortion has long been an important political issue in the U.S., but it’s become a defining one since the U.S. Supreme Court in 2022 overturned Roe v. Wade and cleared the way for states to ban or restrict access. Most Republican-controlled states have done so, and abortion rights groups have been pushing back through ballot measures. Earlier this year, Arizonans faced the possibility of living under a near-total abortion ban. Arizona Gov. Katie Hobbs celebrates passages of abortion ballot measure surrounded by Democratic lawmakers and advocates on Monday, Nov. 25, 2024, at the State Capitol in Phoenix. Credit: AP/Sejal Govindarao Chris Love, a spokesperson for Arizona for Abortion Access, said the constitutional amendment is the culmination of two years of hard work. "We’re so excited to see that this is finally coming to fruition,” Love said Monday. “It’s a lovely day.” Cathi Herrod, president of the socially conservative Center for Arizona Policy, said the organization is anticipating legal challenges to current laws regulating abortion and is preparing to “intervene where appropriate.” Among those current laws is one that requires patients to have an ultrasound at least 24 hours before the procedure, with the option to view the image and hear an explanation of what it shows. Another criminalizes abortions sought solely because of a genetic abnormality. “All the laws that have currently been on the books are under question and are subject to possible challenges at some point,” said Darrell Hill, policy director at the American Civil Liberties Union of Arizona. Planned Parenthood affiliates in Missouri sued immediately after a ballot measure there passed earlier this month seeking to have bans and other abortion-restricting laws invalidated. The circumstances are different there because that state currently has a ban on abortion at all stages of pregnancy and no clinics are providing it. A hearing is scheduled for Dec. 4. Earlier in the day, Arizona Gov. Katie Hobbs contrasted Monday’s statewide canvass of election results with the one four years ago, which she said was held against the backdrop of “raging conspiracies, attempts to stop certification across the country,” leading to the Jan. 6 insurrection. She said she was grateful this time was different. Arizona Secretary of State Adrian Fontes said voters across the state cast 3,428,011 ballots in the 2024 election, up 7,446 ballots from 2020. The turnout of registered voters remained relatively unchanged, at just below 80%. Turnout was 79% for the 2020 election and 78% for the 2024 election.

Economic Management Team Reviews Critical Policies, Focuses on Strengthening ResilienceAustrian bike maker KTM on Saturday said the judicial restructuring of its holding firm Pierer Mobility AG has no impact on business related to products co-developed with Bajaj Auto for Indian domestic market and select export markets. However, it is impacting business of Pierer Mobility AG/KTM AG that is run out of Austria, including exports from Austria, India and China to its key markets in the US and Europe. On November 26, given the immediate liquidity constraints, the Executive Board of KTM AG has decided to file an application for the initiation of judicial restructuring proceedings with self-administration over the assets of KTM AG and its subsidiaries KTM Components GmbH and KTM F&E GmbH, the company said in a statement. All other subsidiaries of KTM AG, in particular all sales companies, are not affected, it added. "It is to be noted that the aforesaid matter has a bearing on the business of Pierer Mobility AG/KTM AG that is run out of Austria," the company said. 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"...the KTM business that is run out of India (domestic, select export markets) for which products are co-developed by KTM & Bajaj and manufactured and sold by Bajaj Auto continues to operate in the normal course during this period," the company added. Bajaj Auto through its wholly-owned subsidiary in Netherlands Bajaj Auto International Holdings BV (BAIHBV) holds a 49.9 per cent stake in its associate -- Pierer Bajaj AG (PBAG) in Austria. The remaining controlling stake in PBAG is held by Pierer Industrie AG. PBAG holds a nearly 75 per cent stake in its subsidiary Pierer Mobility AG (PMAG), the holding company of KTM AG. Apart from being a part equity owner, Bajaj Auto is also a strategic partner for KTM as it develops and manufactures products (under 400cc) for India and export to overseas markets, the statement said. The business in India is managed by Bajaj Auto whereas export geographies are managed mostly by KTM AG and partly by Bajaj Auto. "The KTM and Husqvarna brands are of strategic importance and constitute an important part of Bajaj Auto's premium motorcycles business in India," the company said. Having registered its highest ever volumes sold under these brands in the country in the last financial year, Bajaj Auto remains strongly committed to the sustained growth of this business and is working closely with its channel partners, it added. Nominations for ET MSME Awards are now open. The last day to apply is November 30, 2024. Click here to submit your entry for any one or more of the 22 categories and stand a chance to win a prestigious award. (You can now subscribe to our Economic Times WhatsApp channel )

Broncos Get Nice Injury Boost Ahead of Raiders Road Tilt - Sports IllustratedDetroit's iconic Renaissance Center could see 2 towers razed in $1.6B redevelopment planPrincipal U.S. Mega-Cap ETF ( NASDAQ:USMC – Get Free Report ) declared a dividend on Friday, December 27th, NASDAQ Dividends reports. Stockholders of record on Friday, December 27th will be given a dividend of 0.1501 per share on Tuesday, December 31st. The ex-dividend date is Friday, December 27th. Principal U.S. Mega-Cap ETF Trading Down 1.4 % Shares of Principal U.S. Mega-Cap ETF stock opened at $60.86 on Friday. Principal U.S. Mega-Cap ETF has a 1 year low of $46.14 and a 1 year high of $61.98. The company’s fifty day simple moving average is $59.50 and its 200-day simple moving average is $56.63. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 26.66 and a beta of 0.92. Principal U.S. Mega-Cap ETF Company Profile ( Get Free Report ) See Also Receive News & Ratings for Principal U.S. Mega-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Principal U.S. Mega-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter .

Fears for Gaza hospitals as fuel, other aid run lowThe Deep Blue Sea Project and the Nigerian Navy’s efforts represent one of the most ambitious national initiatives aimed at combating piracy and maritime insecurity in the Gulf of Guinea. Since its establishment in 1956, the Nigerian Navy has evolved significantly. Initially a small force under British colonial rule, it became a national institution after Nigeria’s independence in 1960, tasked with safeguarding its coastal waters and maritime borders. From the 1960s to the 1980s, the Navy expanded its fleet, improved training, and developed naval bases to address emerging security challenges, particularly offshore oil exploration. By the 1990s, the Navy modernized its fleet and extended its operations to tackle piracy and ensure oil security, particularly in the Niger Delta. In recent years, the Deep Blue Sea Project (2019) has further modernized the Navy, integrating advanced technology like satellites, drones, and surveillance systems, alongside specialized task forces dedicated to combatting piracy and maritime crimes. The Nigerian Navy has made significant progress in combating maritime crime and piracy, particularly in the Gulf of Guinea. Its proactive approach, involving enhanced patrols, surveillance, and intelligence-sharing, has effectively intercepted pirate attacks, reduced hijackings, and rescued kidnapped crew members. Operations like Dakatar Da Barawo have been instrumental in curbing piracy in high-risk areas. Specialized units, such as the Special Boat Service (SBS), have improved the Navy’s effectiveness in securing oil and gas installations and major shipping lanes. The Navy’s collaboration with regional and international organisations like ECOWAS, the Gulf of Guinea Commission, and the IMO has improved intelligence-sharing and joint operations against piracy. The Deep Blue Sea Project has equipped the Navy with advanced technologies, such as satellite surveillance, drones, and vessel tracking systems, enhancing its Maritime Domain Awareness (MDA) and security capability. The Nigerian Navy has made significant strides in arrests and prosecutions of maritime criminals, with a record number of arrests in 2020. These efforts have led to a measurable reduction in piracy incidents, though challenges remain. Investment in specialised training for personnel has ensured that the Navy is well-prepared to respond to modern maritime threats. The leadership of the Nigerian Navy in maritime security, supported by advanced technology and strategic partnerships, has significantly reduced piracy in the Gulf of Guinea, setting a model for other nations facing similar challenges. The Deep Blue Sea Project has made Nigeria’s maritime security strategy a benchmark in the fight against maritime insecurity. The project’s integrated system combines air, sea, and land assets, offering a level of versatility not seen in traditional naval approaches. This integration allows Nigeria to respond swiftly and effectively to various maritime threats, ranging from piracy to illegal fishing and smuggling. By utilising cutting-edge technologies, including satellites, drones, and vessel tracking systems, the project provides a level of MDA that many navies, particularly those of smaller or less-resourced nations, cannot match. Unlike many other navies, which rely on limited assets, Nigeria integrates both sea-based responses with naval ships and air-based monitoring. Its ability to track vessels using real-time satellite data and drones places it ahead in effective detection and deterrence of maritime crime. The Nigerian Navy’s incorporation of high-tech surveillance equipment, such as unmanned aerial vehicles (UAVs), surveillance aircraft, and advanced tracking systems, provides it with a superior edge in combating piracy. These technologies are unparalleled in the Gulf of Guinea, where traditional naval patrols can be slow and resource-intensive. While other navies in the region may struggle with outdated equipment or lack the resources to maintain such advanced systems, the Deep Blue Sea Project ensures Nigeria’s security forces are equipped with some of the best surveillance tools available. These assets are crucial in responding to dynamic piracy tactics, such as fast-moving, smaller vessels attempting to evade traditional security measures. The Nigerian Navy has also taken a unique approach by establishing specialised task forces dedicated to counter-piracy and maritime law enforcement. These task forces, trained in advanced anti-piracy and crisis management operations, enable Nigeria to deploy specialised forces quickly in high-risk areas like the Niger Delta. Unlike other navies that may lack such specialised anti-piracy units, the Nigerian Navy focuses directly on safeguarding oil platforms, securing shipping routes, and conducting real-time counter-piracy operations. This targeted strategy has been a key factor in the Navy’s operational success, especially in the piracy-prone waters of the Gulf of Guinea. A core element of the Deep Blue Sea Project is its focus on building the capacity of Nigerian naval personnel. Through extensive training in modern maritime security techniques, including counter-piracy tactics, intelligence gathering, and emergency response, the Nigerian Navy has not only become technologically advanced but also operationally skilled. In contrast to other global navies that focus on general-purpose training, Nigeria’s counter-piracy training is tailored to address the unique challenges of its waters, ensuring personnel can respond to complex maritime threats with greater efficiency and precision. The Nigerian Navy has played a leading role in regional collaborations with organisations such as ECOWAS, the Gulf of Guinea Commission (GGC), and international partners like the IMO and the United States. This cooperation has allowed for greater intelligence sharing and joint operations, cementing Nigeria as a pivotal force in Gulf of Guinea security. Nigeria’s leadership in regional maritime security initiatives, such as the Gulf of Guinea Maritime Security Strategy, has fostered cooperation among the littoral states, which is essential to countering the transnational nature of piracy. The Nigerian Navy’s proactive measures, supported by advanced surveillance systems, have enabled it to prevent piracy attacks before they occur. This includes tracking pirate vessels prior to strikes, coordinating intelligence with regional partners, and implementing rapid response measures. Unlike some navies, which may respond reactively to piracy, Nigeria’s approach ensures swift and efficient interventions. This proactive stance, coupled with its advanced technology, has significantly improved security along one of the world’s most dangerous maritime areas. While Nigeria’s efforts under the Deep Blue Sea Project have yielded impressive results, challenges persist. Resource constraints, sophisticated piracy operations, and corruption within certain maritime institutions remain obstacles. However, these challenges are being addressed through continuous international collaboration, further investment in technology, and enhanced training programs. Despite these challenges, the Deep Blue Sea Project has proven effective in reducing piracy incidents and enhancing maritime security. Nigeria’s commitment to strengthening its naval forces and safeguarding its maritime domain is evident in the project’s success. The integration of advanced technologies, specialised task forces, and personnel training has made the project a model for other nations facing similar maritime security threats. The Deep Blue Sea Project, along with the Nigerian Navy’s comprehensive efforts, has positioned Nigeria as a global leader in combating piracy and maritime insecurity. With its cutting-edge technology, specialised forces, and robust regional collaborations, Nigeria’s maritime security strategy is among the most advanced in the world. Although challenges remain, the Deep Blue Sea Project stands as a testament to the power of a well-coordinated, technology-driven, and regionally focused naval strategy in the fight against maritime crime.

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