The Lord of the Rings: The War of the Rohirrim , an animated film based on J.R.R. Tolkien's legendary universe, has faced significant challenges at the box office. ET Year-end Special Reads Top 10 equity mutual funds of the year. Do you have any? How India flexed its global power muscles in 2024 2024 was the year India became the talk of America Despite its relatively modest production budget of $30 million, the film has barely managed to gross half of that amount worldwide. In light of its underperformance, Warner Bros. has decided to release the film on digital platforms only two weeks after its theatrical debut. The film will be available on platforms like Prime Video and Apple TV+ starting December 27, 2024, just after Christmas, as mentioned in the report by Collider. Box Office Performance Falls Short Although The Lord of the Rings: The War of the Rohirrim was shown in over 2,600 theaters this past weekend, its earnings were disappointingly low. Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Data Analysis Learn Power BI with Microsoft Fabric: Complete Course By - Prince Patni, Software Developer (BI, Data Science) View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Java 21 Essentials for Beginners: Build Strong Programming Foundations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Analysis Animated Visualizations with Flourish Studio: Beginner to Pro By - Prince Patni, Software Developer (BI, Data Science) View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Entrepreneurship Marketing & Sales Strategies for Startups: From Concept to Conversion By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Entrepreneurship From Idea to Product: A Startup Development Guide By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Entrepreneurship Boosting Startup Revenue with 6 AI-Powered Sales Automation Techniques By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Legal Complete Guide to AI Governance and Compliance By - Prince Patni, Software Developer (BI, Data Science) View Program Data Science MySQL for Beginners: Learn Data Science and Analytics Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development C++ Fundamentals for Absolute Beginners By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Intermediate C++ Skills: Master Pointers, Structures and File Stream By - Metla Sudha Sekhar, IT Specialist and Developer View Program Design Canva Magic Write: Ideas to Stunning Slides in No Time By - Prince Patni, Software Developer (BI, Data Science) View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program The film grossed just $1.2 million, resulting in a per-theater average of only $475, as mentioned in a report by Collider. This places the film among the worst performers at the box office that weekend. In comparison, other films such as The Brutalist from A24, which played in only four theaters, earned over $66,000 per theater, showing a stark contrast in their box office success. Even Kraven the Hunter, widely regarded as one of the year's biggest flops, outperformed The War of the Rohirrim, pulling in approximately $951 per theater. The Competition at the Box Office This past weekend's box office was dominated by Sonic the Hedgehog 3, which grossed a robust $60 million, nearly doubling the earnings of the second-place finisher, Mufasa: The Lion King, which earned $35 million, as per the Collider report. Digital Release While The Lord of the Rings: The War of the Rohirrim still holds a presence in select theaters, its early digital release signals a shift in how Warner Bros. plans to salvage the film's performance. FAQs Is the War of Rohirrim animated? The Lord of the Rings: The War of the Rohirrim is a 2024 animated fantasy film directed by Kenji Kamiyama. Is Gandalf in the War of Rohirrim? War of the Rohirrim confirms that Gandalf is alive and well during the events of the film. (You can now subscribe to our Economic Times WhatsApp channel )Asia stocks mostly fell in thin holiday trade on Monday after tech losses killed off the traditional year-end lift on Wall Street at the end of last week. The “Santa Claus rally” got off to a good start but US stocks then fell across the board on Friday, with the S&P 500 and the Nasdaq both dropping more than one percent. Tech stocks led the way, with Elon Musk’s electric car giant Tesla closing around five percent lower and AI chipmaker Nvidia shedding around two percent. Weighing on investor sentiment were worries about the pace of US interest rate cuts and possible higher import tariffs under incoming US president Donald Trump. “As US stock markets concluded with a downturn on Friday, Asia-Pacific markets are bracing for a slippery penultimate trading day of 2024,” said Stephen Innes at SPI Asset Management. “With US (bond) yields climbing and liquidity essentially non-existent, there’s always the potential for outsized moves. This comes during a critical phase of year-end rebalancing, intensified by hefty equity positions across portfolios,” Innes said in a note. In Tokyo, the Nikkei was down 0.75 percent at 40,020.00 points on the last day of trading until January 6. The yen was little changed after hitting 158.08 against the dollar on Thursday, the lowest in almost six months. That came after Bank of Japan governor Kazuo Ueda failed to give a clear signal on a possible interest rate increase next month. In Seoul, Jeju Air shares tumbled more than eight percent after one of its planes crashed in South Korea on Sunday, killing all but two of the 181 people on board. South Korea’s transport ministry said on Monday it was “reviewing plans to conduct a special inspection on (Boeing) B737-800 aircraft” after the crash. South Korea was also hit with further political turmoil, with authorities issuing an arrest warrant for suspended President Yoon Suk Yeol. Yoon briefly imposed martial law this month and was then impeachment by parliament. Lawmakers also impeached his acting successor Han Duck-soo last week. Chinese stocks also opened lower on Monday, with the benchmark Shanghai Composite Index down 0.09 percent at 3,397.12. China’s purchasing managers’ index (PMI) for manufacturing was due on Tuesday. The reading was expected to stay at 50.3, above the 50 line dividing expansion and contraction, according to Bloomberg. – Key figures around 0300 GMT – Tokyo – Nikkei 225: DOWN 0.75 percent at 40,020.00 points Hong Kong – Hang Seng Index: DOWN 0.40 percent at 20,001.00 Shanghai – Composite: DOWN 0.1 percent at 3,397.12 Euro/dollar: DOWN at $1.0423 from $1.0429 on Friday Pound/dollar: DOWN at $1.2577 from $1.2579 Dollar/yen: DOWN at 157.82 yen from 157.89 yen Euro/pound: UP at 82.88 pence from 82.87 pence West Texas Intermediate: UP at $70.63 per barrel Brent North Sea Crude: UP at $74.23 per barrel With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.Ultralight and Light Aircraft Market worth $17.29 billion by 2029, at a CAGR of 11.2%
GUJAR KHAN - An assistant sub-inspector (ASI) of police station at Mandra Police Station was suspended on Sunday following his controversial image went viral on social media. Police sources claim that on Sunday an incognito account on Facebook uploaded an allegedly intimate picture of ASI Zain ul Abiden with an unidentified woman during a boozing party, claimed to be captured at an infamous plaza situated in Gujar Khan city. Interestingly, Rawalpindi Police while commenting on the Facebook post announced that district police was rigorously enforcing the policy of “self-accountabilty,” and a charge sheet was issued to the ASI by SP Saddar Division, Muhammad Nabil Khokar, after official was suspended. Mehar Gul, the Station House Officer, contacted for his remarks stated the officer had been closed to line and an inquiry against him would be launched. He claimed to have asked the ASI about the subject, following which he clarified that he was not now engaged in such activities and the image was outdated. 2-day Kashmir Jannat Nazeer festival concludes Tags: asi suspendedSANTA ANA, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- NKGen Biotech, Inc. (Nasdaq: NKGN) ("NKGen” or the "Company”), today announced it received a notice (the "Notice”) on November 20, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule”) because it had not timely filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the "Form 10-Q”) with the Securities and Exchange Commission (the "SEC”) on or before November 19, 2024, the extended period provided for the filing under Rule 12b-25(b) of the Securities Exchange Act of 1934, as amended. The delay is in part due to the additional time required for valuation and review of various derivative securities as the Company has taken on more reporting responsibility internally. The Notice from Nasdaq has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Global Market. The Company is actively working with its auditors and advisors and intends to file the Form 10-Q as promptly as possible. On November 20, 2024, subsequent to the Company's receipt of the Notice, the Company received a letter from Nasdaq (the "Decision Letter”) granting a temporary exception to the Rule and the minimum market value of listed securities requirement in Nasdaq Listing Rule 5450(b)(2)(A) (the "MVLS Rule”) until January 7, 2025. The Seoul Bankruptcy Court (the "Court”) is expected to announce its decision on the rehabilitation of NKMax Co. Ltd ("NKMax”) and the Company's proposal to acquire a majority interest in NKMax on or before such date. In accordance with the Decision Letter, the Company must advise the Nasdaq Hearings Panel (the "Panel”) of the outcome of the Court's decision. If the Company is successful in its bid to acquire a majority interest in NKMax, the Company must advise the Panel no later than January 7, 2025, on its plan for regaining compliance with the Rule and MVLS Rule, for the Panel's further consideration. The Company may request that the Nasdaq Listing and Hearing Review Council (the "Council”) review the Panel's determination in the Decision Letter, by written request received by the Council by December 5, 2024. In such event, the Company would be required to submit a fee of $15,000.00 to Nasdaq to cover the cost of the review. The Council may determine to review any Panel decision by January 4, 2025. The Company does not intend to appeal the Decision Letter at this time and intends to deliver an updated plan of compliance to the Panel no later than January 7, 2025. For additional information regarding the Nasdaq notifications and related terms, please see the Current Report on Form 8-K the Company filed with the SEC on November 26, 2024, which is available at sec.gov . Forward-Looking Statements Statements contained in this press release may contain "forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as "anticipate”, "believe”, "could”, "continue”, "expect”, "estimate”, "may”, "plan”, "outlook”, "future” and "project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Because such statements are subject to risks and uncertainties, many of which are outside of the Company's control, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding the Company's plans and expected timing for developing SNK01, including the expected timing of completing and announcing further results from its ongoing clinical studies; and the Company's expected timing for developing its product candidates and potential benefits of its product candidates. Risks that contribute to the uncertain nature of the forward-looking statements include: the Company's ability to execute its plans and strategies; risks related to performing clinical studies; the risk that initial and interim results of a clinical study do not necessarily predict final results and that one or more of the clinical outcomes may materially change as patient enrollment continues, following more comprehensive reviews of the data, and as more patient data become available; potential delays in the commencement, enrollment and completion of clinical studies and the reporting of data therefrom; the risk that studies will not be completed as planned; the risk that the abstract will not be published as planned including delays in timing, format, or accessibility; and NKGen's ability to raise additional funding to complete the development of its product candidates. These and other risks and uncertainties are described more fully under the caption "Risk Factors” and elsewhere in the Company's filings and reports, which may be accessed for free by visiting the Securities and Exchange Commission's website at www.sec.gov and on the Company's website under the subheading "Investors-Financial and Filings”. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law. Internal Contact: Denise Chua, MBA, CLS, MT (ASCP) SVP Corporate Affairs 949-396-6830 [email protected] External Contacts: Chris Calabrese Managing Director LifeSci Advisors, LLC [email protected] Kevin Gardner Managing Director LifeSci Advisors, LLC [email protected]
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.Chandigarh: Farmers have announced a ‘Punjab Bandh’ on Monday leading to the expected closure of all shops across the state and disruptions in road and rail services. However, emergency services will continue to operate. There will also be no supply of milk, fruits, and vegetables until the protest ends on Monday evening as several trade organisations lent their support to the bandh. “Farmer union leaders will enforce a chakka jam on roads and rail lines from 7 a.m. to 4 p.m. Government and private institutions are requested to stay closed. Only emergency vehicles, such as ambulances, marriage vehicles, or anyone in a dire emergency, will be allowed to pass,” reports quoted a senior farm leader as saying. The decision to give a call for a ‘Punjab bandh’ was taken last week by the Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha (KMM). Sarwan Singh Pandher — who happens to be the coordinator of both forums — said traders, transporters, employees unions, toll plaza workers, labour, ex-servicemen, Sarpanches and teachers’ unions, social and other bodies, and some other sections have lent their support to the bandh. Farmers under the banner of SKM (Non-Political) and KMM have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after their march to Delhi was stopped by security forces. With Jagjit Singh Dallewal’s indefinite hunger strike entering its 34th day on Sunday, farmer leaders at Khanauri said they have been following the Gandhian way to continue their protest and it is up to the government to decide whether it wants to use force to evict their senior leader. He further said the farmers wanted to make it clear that whatever situation arises the responsibility will lie with the Centre and the constitutional bodies. Rail movement and road traffic will remain closed on Monday. In support of the farmers’ Bandh call, bus services in Punjab will remain suspended on Monday. While the PRTC bus services will be shut for four hours, from 10 a.m. to 2 p.m., the private bus operators have announced their full support, thus declaring the suspension of services across the state from 7 a.m. to 4 p.m. on Monday. Besides a legal guarantee on the MSP for crops, the farmers are demanding a debt waiver, pension for farmers and farm labourers, no hike in the electricity tariff, withdrawal of police cases and “justice” for the victims of the 2021 Lakhimpur Kheri violence. Reinstatement of the Land Acquisition Act, 2013 and compensation to the families of the farmers who died during a previous agitation in 2020-21 are also part of their demands. This bandh, the farmer leader said, will force the Centre to accept the demands of farmers. He slammed the Union government for failing to accept the demands of farmers. Farmers under the banner of SKM (Non-Political) and KMM have been camping at Shambhu and Khanauri border points between Punjab and Haryana since February 13 after security forces stopped their march to Delhi. A “jatha” (group) of 101 farmers made three attempts to enter Delhi on foot on December 6, December 8, and again on December 14. Security personnel in Haryana prevented them from proceeding. There will be a complete bandh on December 30, farmer leader Sarwan Singh Pandher said. However, emergency services will remain operational. Punjab farmer leader Sarwan Singh Pandher said the call for a ‘Punjab bandh’ on December 30 is getting good support from various sections. The decision to give a call for a ‘Punjab bandh’ was taken last week by the Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha. To ensure the success of the bandh, SKM (Non-political) and KMM convened a meeting of transporters, employees, traders and others at the Khanauri protest site last Thursday.
The Government of Canada barely tabled its (FES) after a day of political chaos and uncertainty. The Liberal government was thrown into turmoil following the surprise resignation of Deputy Prime Minister and Finance Minister Chrystia Freeland hours before she was scheduled to deliver the feds’ latest economic plan. With no finance minister at the time, House Leader Karina Gould tabled the FES just after 4 p.m. this afternoon, which includes a number of measures aimed at spurring more investment in Canada’s technology sector and domestic businesses more broadly. Facing a glaring hole at one of the most important cabinet positions, the FES was tabled without a speech and with no questions permitted in the House of Commons, despite outcry from Members of Parliament (MPs). Shortly thereafter, Dominic LeBlanc was sworn in as the next Minister of Finance, filling one leadership gap in the Liberal government while questions remain at the top. Following Freeland’s resignation and the delayed release of the FES, members of the Conservatives, NDP, Bloc Québécois, and multiple Liberal MPs alike called on Prime Minister Justin Trudeau to step down. Trudeau has yet to respond publicly to these calls or address Freeland’s departure and LeBlanc’s appointment, but is also considering prorogation or resignation. Freeland from cabinet earlier today, claiming that Trudeau told her last week that he no longer wanted her to serve as finance minister. Her departure comes days after she a slew of new federal programs and updates for Canada’s tech sector contained in the FES. These include a renewal of the Venture Capital Catalyst Initiative (VCCI) and Scientific Research and Experimental Development (SR&ED) tax credit reform, alongside new programs designed to encourage more private investment in mid-cap growth companies and artificial intelligence (AI) data centres, among other measures. Today, the federal government outlined plans to renew VCCI for a fourth time and inject up to $1 billion. Under the investment-matching program, the government provides one dollar for every three dollars raised by select indirect fund managers up to a cap. The latest $1-billion VCCI round will include “more enticing terms” for those funds, but no other details were provided. The feds are also investing up to $1 billion in mid-cap growth companies to crowd in additional private capital to the growth equity market. The funding will be delivered by a qualified fund manager and concessional, meaning that it provides favourable, low-interest terms for companies. According to the FES, the government is developing a program that would provide up to $15 billion in aggregate loan and equity investments for AI data centre projects that receive investments from Canadian pension funds. Those funds must invest at a two-to-one ratio compared to the government, and must become “significant shareholders” in a data centre project. The feds say seven pension funds have already expressed interest and more details will be announced in Budget 2025. To attract more investment, the feds are removing the cap that currently restricts pension funds from owning more than 30 percent of a Canadian company, making it easier for them to acquire controlling stakes. The Government of Canada has also committed $150 million over three years starting in 2024–2025 for the Global Innovation Clusters and $24 million over two years beginning in 2025–2026 for the national AI institutes. This comes in addition to its recently announced $2-billion . The government is proceeding with long-awaited reforms of the Scientific Research and Experimental Development (SR&ED) program. As of any fiscal year beginning on or after Dec. 16, businesses can now claim capital expenditures on SR&ED tax credits again, reversing a Harper government-era change. Public companies, which previously were entitled to a 15-percent non-refundable tax credit, will be permitted to claim the 35-percent tax incentives for applicable research and development projects. The feds are also raising the annual expenditure limit under SR&ED from $3 million to $4.5 million, allowing companies to claim a maximum of $1.575 million per year. The reforms also raise two key eligibility criteria: Companies can access the credit with taxable capital under $15 million, up from $10 million. The phase-out threshold for taxable capital has been raised to $75 million from $50 million. Another new detail from today’s announcement is the federal government’s plan to implement a patent box regime to encourage the development and retention of intellectual property in Canada. The feds said they are currently reviewing feedback from recent consultations and will share details of this regime in Budget 2025. The Government of Canada also indicated that the launch of its consumer-driven banking framework will not happen until early 2026—not 2025 in last year’s FES—marking in Canada’s lengthy quest to implement open banking. It remains unclear what impact Freeland’s departure has on the plans laid out in the FES. At time of publication, Trudeau and the Liberal caucus (including Minister Freeland) were still in an emergency meeting to discuss the day’s events. The CBC has also reported that as many as 60 Liberal MPs will sign a letter asking Trudeau to resign, echoing repeated requests made across the aisle today. Canadian business leaders have expressed fear that Freeland’s departure will further erode investment in the country and destabilize its already shaky economy at a time when incoming United States President Donald Trump has threatened tariffs. Private calls for an election mirrored public requests from the Conservatives today for a confidence vote, underscored by uncertainty in the continued stability of the federal government. “Last week, we were encouraged by an announcement from Minister Freeland, which improved the program criteria for the SR&ED tax credit and increased funding for Canada’s venture capital ecosystem,” Council of Canadian Innovators president Ben Bergen said in a statement today. “Today, Chrystia Freeland is gone, and the future of the Liberal government is up in the air.” “Canadian innovators cannot scale globally on shaky ground—we need strong leadership, not uncertainty, at this critical moment.”Mahakumbh 2025: CM Yogi leads 'Ek Ho Pura Desh' campaign to drive Mahakumbh preparations
Crystal Intelligence and Banxa Announce Strategic Partnership to Enhance Compliance for Embedded Crypto SolutionsMIAMI--(BUSINESS WIRE)--Dec 16, 2024-- Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, today announces the appointment of John J. Diez to president and chief operating officer (COO), effective January 1, 2025. In this new role, Mr. Diez will continue to report to Ryder Chairman and Chief Executive Officer Robert E. Sanchez with responsibility for the general management of all business operations of Ryder’s three business segments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241216030723/en/ Ryder System, Inc. appoints John J. Diez to its top operations role as president and chief operating officer (COO), effective January 1, 2025. Succeeding Mr. Diez as Ryder’s Executive Vice President and Chief Financial Officer (CFO) is Cristina Gallo-Acquino. (Photo: Business Wire) In addition, Cristina Gallo-Aquino, most recently senior vice president, controller, and principal accounting officer since August 2020, has been promoted to succeed Mr. Diez as executive vice president and chief financial officer (CFO), effective January 1, 2025. In this role, Ms. Gallo-Aquino will oversee all of Ryder’s financial management functions, including finance and accounting, treasury, tax, audit, investor relations, and continue to serve as principal accounting officer. “At Ryder, we have a commitment to talent development at all levels in our organization. This includes providing leadership opportunities in positions that broaden our team’s capabilities through rotational assignments, as well as providing roles of increasing responsibility that contribute to the long-term progress and stability of our company,” says Mr. Sanchez. “These appointments are an example of that commitment. Both executives bring a powerful combination of industry knowledge to their new roles, complemented by a deep understanding of Ryder’s overall business operations and how our business units collaborate.” During his 22-year tenure at Ryder, Mr. Diez has held a variety of senior business and financial management roles with increasing responsibility. Prior to his current role serving as the company’s executive vice president and chief financial officer since May 2021, he was president of Ryder’s FMS business, leading all areas of global fleet operations, as well as president of the company’s DTS business unit where he led strong revenue growth and improved business returns. Ms. Gallo-Aquino joined Ryder in 2004 and has extensive financial and accounting experience. Prior to her current role, she served as vice president and chief financial officer for the company’s FMS business unit and vice president and corporate controller. NOTE: Headshots of Mr. Diez and Ms. Gallo-Aquino are available in the Ryder Newsroom and via BusinessWire. About Ryder System, Inc. Ryder System, Inc. (NYSE: R) is a fully integrated port-to-door logistics and transportation company. It provides supply chain , dedicated transportation , and fleet management solutions, including warehousing and distribution , contract manufacturing and packaging , e-commerce fulfillment , last-mile delivery , managed transportation , professional drivers , freight brokerage , nearshoring solutions, full-service leasing , maintenance , commercial truck rental , and used vehicle sales to some of the world’s most-recognized brands. Ryder provides services throughout the United States, Mexico, and Canada. In addition, Ryder manages nearly 250,000 commercial vehicles, services fleets at 760 maintenance locations, and operates nearly 300 warehouses encompassing more than 100 million square feet. Ryder is regularly recognized for its industry-leading practices; technology-driven innovations; corporate responsibility; environmental management; safety, health and security programs; military veteran recruitment initiatives; and the hiring of a diverse workforce. www.ryder.com Note Regarding Forward-Looking Statements: Certain statements and information included in this news release are “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on our current plans and expectations and are subject to risks, uncertainties and assumptions. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements including those risks set forth in our periodic filings with the Securities and Exchange Commission. New risks emerge from time to time. It is not possible for management to predict all such risk factors or to assess the impact of such risks on our business. Accordingly, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. ryder-org View source version on businesswire.com : https://www.businesswire.com/news/home/20241216030723/en/ CONTACT: Media Contact: Amy Federman,afederman@ryder.comInvestor Relations Contact: Calene Candela,ccandela@ryder.com KEYWORD: FLORIDA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER TRANSPORT TRUCKING AUTOMOTIVE TRANSPORT DELIVERY SERVICES LOGISTICS/SUPPLY CHAIN MANAGEMENT RETAIL SUPPLY CHAIN MANAGEMENT FLEET MANAGEMENT SOURCE: Ryder System, Inc. Copyright Business Wire 2024. PUB: 12/16/2024 04:35 PM/DISC: 12/16/2024 04:36 PM http://www.businesswire.com/news/home/20241216030723/en
Singapore, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY) ("Webuy” or the "Company”), a Southeast Asian community e-commerce innovator, today announced that it entered into a securities purchase agreement with certain institutional investors to purchase approximately 21,013,239 Class A ordinary shares (or Class A ordinary share equivalents in lieu thereof) in a registered direct offering at a purchase price of $0.1756 per share. The gross proceeds to the Company from the registered direct offering are estimated to be approximately $3.7 million, before deducting the placement agent's fees and other estimated offering expenses. The offering is expected to close on or about December 17, 2024, subject to the satisfaction of customary closing conditions. D. Boral Capital LLC is acting as exclusive placement agent for the offering. The proposed offering of the securities described above is being offered by the Company pursuant to a "shelf” registration statement on Form F-3 (File No. 333-283356) filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on December 3, 2024, and the accompanying prospectus contained therein. The offering is being made only by means of a prospectus supplement and accompanying prospectus. The prospectus supplement describing the terms of the public offering will be filed with the SEC prior to the closing and will form a part of the effective registration statement. Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained, when available, on the SEC's website at http://www.sec.gov or by contacting D. Boral Capital LLC Attention: Syndicate Department, 590 Madison Avenue, 39th Floor, New York, NY 10022, by email at [email protected] , or by telephone at (212) 970-5150. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Webuy Global Ltd Webuy Global Ltd. (Nasdaq: WBUY) is a forward-thinking, technology-driven company aimed at becoming the leading e-commerce and travel platform in Southeast Asia. Leveraging advanced AI technologies, the Company enhances its 'group buy' model by providing personalized recommendations, predictive demand analytics, and seamless community interactions. In addition, Webuy integrates AI-powered travel solutions, such as its proprietary AI Travel Consultant, to deliver personalized itineraries, group travel planning, and real-time support. These innovations streamline the traditional supply chain, foster a community-driven shopping experience, and simplify travel planning for its users. Webuy is committed to improving the lives of millions of families in Southeast Asia with high-quality, affordable products, services, and travel experiences. For more information, visit http://webuy.global . Forward-Looking Statements This press release contains forward-looking statements regarding the Company's current expectations. These statements are not guarantees of future performance and are subject to certain risks and uncertainties described more fully in the Company's filings with the SEC. Forward-looking statements are made as of this date, and the Company undertakes no duty to update them, except as required by law. CONTACT: Webuy Global Ltd. Email: [email protected]
ECU CB Shavon Revel Jr. declares for NFL draft
