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2025-01-10
SEOUL: Kia, South Korea's second-biggest carmaker by sales, said on Sunday it will launch the compact SUV “Syros" in India next year to boost sales. Kia, the maker of K5 sedans and Sorento SUVs, unveiled the new model for the first time in India on Sunday. The Syros SUV will be released in two trims, one with a 1.0-liter gasoline turbocharged engine and the other with a 1.5-litre diesel engine, the company said in a press release. Starting with sales in India, Kia plans to introduce the compact car in the Asia-Pacific region, Latin America and the Middle East, it said, reports Yonhap news agency. The new model is equipped with safety features such as the front collision avoidance, lane-keeping assistance, surround view monitor and driver awareness warning systems. The company didn't provide the vehicle's price. Meanwhile, Kia India has announced up to 2 per cent price hike across its entire lineup, effective from January 1, “primarily due to rising commodity prices and escalating supply chain-related costs”. “At Kia, we are committed to delivering exceptional, technologically advanced vehicles of the highest quality to our valued customers. However, due to the persistent rise in commodity prices, unfavourable exchange rates, and increased input costs, a necessary price adjustment has become unavoidable,” said Hardeep Singh Brar, senior vice president, sales and marketing, Kia India. Despite these challenges, Kia is absorbing a significant portion of the cost increase, minimizing the financial impact on our customers, so they can continue enjoying their favourite Kia vehicles without major dent on their pockets, he added. Kia has sold 1.6 million units in India and overseas markets combined to date. Its best-selling innovation, Seltos, has surpassed 670,000-unit sales, followed by Sonet with over 480,000 units, Carens with 214,400 units and Carnival with over 15,000 units.NYC ad agency titans Omnicom and Interpublic to form $30 billion marketing powerhouse Omnicom is buying Interpublic Group in a stock-for-stock deal that will create an advertising powerhouse with combined annual revenue of almost $26 billion. The companies have had a hand in iconic marketing campaigns like “Got Milk” for the California Milk Processor Board, “Priceless” for Mastercard, “Because I’m Worth It” for L’Oreal and “Think Different” for Apple. The combined company will be worth more than $30 billion. Shares of Interpublic jumped more than 15% before the opening bell Monday, while Omnicom’s stock fell more than 2%. How should the opioid settlements be spent? Those hit hardest often don’t have a say People with substance use disorder are not getting a direct say on how most opioid settlement money is used. Some advocates say keeping them out of the process is a major reason money is going to law enforcement efforts instead of other programs more likely to prevent overdose deaths. Companies have agreed to pay more about $50 billion over time to resolve lawsuits filed by governments. Most of the money is required to be used to fight the crisis. Figuring out exactly to do with it is up to state and local governments that have used a variety of structures to make those decisions. The Onion's bid to buy Infowars goes before judge as Alex Jones tries stopping sale The Onion's bid to buy conspiracy theorist Alex Jones' Infowars is scheduled to return to a Texas courtroom. A federal judge in Houston is set to hold a hearing Monday on whether a bankruptcy auction was run properly as Jones alleges collusion and fraud. The Onion satirical news outlet was named the winning bidder last month over a company affiliated with Jones. The auction was held to help pay nearly $1.5 billion in defamation judgments that Jones was ordered to pay families of victims of the 2012 Sandy Hook Elementary School shooting. The families won lawsuits against Jones for calling the shooting a hoax. It's his job to keep American's planes running on time FORT WORTH, Texas (AP) — It's the job of American Airlines' chief operating officer to make sure the carrier's flights take off on time and fly safely during one of the busiest travel periods of the year. David Seymour oversees flight and airport operations for American, which expects to make about 6,500 flights a day between now and New Year’s Day. A West Point graduate and former U.S. Army infantry officer, Seymour has held a variety of operations-related jobs and was promoted to his current post in 2020. He spoke with The Associated Press recently about managing huge passenger numbers during the holidays and preventing people from getting on a plane before their boarding group is called. Stock market today: Nvidia drags Wall Street from its records as oil and gold rise NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.6% from its own record. Nvidia was the market's heaviest weight after China said it's probing the chip giant for potential antitrust violations. Stocks in Hong Kong jumped after top Chinese leaders agreed on a “moderately loose” monetary policy. Prices for oil and gold rose following the ouster of Syrian leader Bashar Assad. Taylor Swift’s Eras Tour ends by shattering own record, grossing an estimated $2.2B, Pollstar says NEW YORK (AP) — Taylor Swift’s Eras Tour brought in approximately $2.2 billion in its nearly two-year run, making it the highest-grossing tour of all time for a second year in a row. That's according to Pollstar estimates from data collected across 149 shows and provided to The Associated Press on Monday. Last year, Swift’s landmark Eras Tour became the first to cross the billion-dollar mark. In North America, Swift’s tour earned an estimated $1.04 billion. Globally, that number jumps to an estimated $2.2 billion. Pollstar data is pulled from box office reports, venue capacity estimates, historical Pollstar venue ticket sales data, and other undefined research, collected from November 2022 to December 2024. Cyprus and the US double down on a joint effort to combat financial crimes with more training NICOSIA, Cyprus (AP) — Cyprus and the U.S. say they’re doubling down on a joint effort to crack down on illicit finance with additional training of Cypriot law enforcement authorities to identify, investigate and prosecute financial crimes. According to a joint statement issued Monday, an “ambitious” plan for next year will involve 21 weeks of training for different Cypriot law enforcement agencies on financial investigative and forensic accounting techniques, as well as the use of technology in investigations. The plan adds to a U.S. initiative launched 20 months ago following a pledge by Cypriot President Nikos Christodoulides to clean up the island nation’s sullied reputation as a money laundering and sanctions evasion hub. Mexican soldiers will get a pay raise after elimination of oversight agencies, president says MEXICO CITY (AP) — Mexico's president says much of the money gained by eliminating independent oversight and regulatory agencies will go to the army to fund a rise in soldiers’ pay. The announcement by President Claudia Sheinbaum on Monday is the latest in a a series of strange funding sources to pay for the country's increasingly influential military. Mexico's Congress last week approved charging every cruise ship passenger a $42 immigration fee with much of that money also going to the armed forces. The military has been given powers to build and run everything from railways, airports and airlines in Mexico. And some of those projects appear to be losing money. Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws Shares of Nvidia have slipped after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly laws. In a brief press release with few details, Chinese regulators appear to be looking into Nvidia’s $6.9 billion 2019 acquisition of network and data transmission company Mellanox. Nvidia shares dipped 2.7% in early trading Monday, falling below $139 each. Considered a bellwether for artificial intelligence demand, Nvidia has led the AI sector to become one of the stock market’s biggest companies, as tech giants spend heavily on the company’s chips and data centers needed to train and operate their AI systems. Meta shareholders seek sanctions for Sandberg, Zients for deleting Cambridge Analytica emails WILMINGTON, Del. (AP) — Attorneys for Meta shareholders are asking a Delaware judge to sanction former Chief Operating Officer Sheryl Sandberg and fellow Facebook board member and current White House chief of staff Jeff Zients for deleting emails related to the Cambridge Analytica privacy scandal. The plaintiffs say Sandberg and Zients used personal email accounts to communicate about key issues relating to their 2018 shareholder lawsuit alleging that Facebook official failed for years to protect the privacy of user data. The plaintiffs say the former board members were either “reckless or intentional” in destroying documents, even after being told to preserve records for litigation purposes. A defense attorney argued Monday that there was no intent or “grand scheme” to destroy relevant documents.kijiji kingston
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WASHINGTON (AP) — In the history of American politics, there's no shortage of presidents who promised to shake up Washington once they got to the White House. But Donald Trump may prove to be in a class of his own, and he appears more interested in beating the federal government into submission than recalibrating it. In staffing his administration, Trump has shown an inclination to select people who distrust or even disdain the agencies that they've been chosen to lead, setting up a potential war of attrition between the incoming Republican president and American institutions. “There’s been nothing like what Trump is suggesting to do," said Doug Brinkley, a presidential historian. "We’re talking about dismantling the federal government.” Trump's approach will become even clearer this week as Kash Patel, his choice for FBI director , heads to Capitol Hill for an initial round of meetings with senators who will decide whether to confirm him to the post. A former national security official who has branded himself as an eager acolyte of Trump, Patel has talked about shutting down the agency's headquarters, splitting up its responsibilities and targeting Trump's perceived enemies. Greg Brower, a former U.S. attorney who served as the FBI’s top congressional affairs official, said Trump seems to want to make the nation’s law enforcement institutions “part of his political operation run out of the White House.” “That’s a major course change that I’m just not sure a majority of senators are willing to endorse," Brower said. Republican senators are already considering whether to support Pete Hegseth, whom Trump wants to lead the Pentagon , despite allegations of sexual misconduct, excessive drinking and financial mismanagement. Hegseth is an Army veteran and former Fox News commentator who has described the military as flooded with “woke” liberal ideology. He also wants to remove women from combat roles. Karoline Leavitt, a spokesperson for Trump’s transition team and the incoming White House press secretary, said the next administration wants to “shatter the Deep State," a term for entrenched civil servants who have frustrated Trump and his allies. “President Trump was re-elected by a resounding mandate from the American people to change the status quo in Washington,” she said in a statement. “That’s why he has chosen brilliant and highly-respected outsiders to serve in his Administration, and he will continue to stand behind them as they fight against all those who seek to derail the MAGA Agenda.” Margaret Spelling, who served as education secretary under President George W. Bush, said it is “probably not a good management style" to treat government employees as adversaries. “If you’re going to turn the tide or redirect the ship of state, you’ve got to have help doing it," she said. "And that’s people who work there already.” Spelling's former department could be outright eliminated if Trump has his way. His choice of education secretary , Linda McMahon, has never worked in the field. She served for one year on the Connecticut Board of Education and is a member of the board of trustees at a private university. McMahon lead the Small Business Administration during Trump's first term, and she made a name for herself by running World Wrestling Entertainment, a cultural juggernaut that features musclebound men beating each other up in elaborately scripted fights. Trump's plans for the federal government blend conservative ideology, which has long viewed Washington as too intrusive in Americans' daily lives, with his personal vendettas. After being plagued by investigations and contradicted by career officials during his first term, the returning president has no interest in a replay and he's more skeptical of insider views that clash with his own instincts. Some of his personnel choices have alarmed political opponents, but Trump's approach could prove appealing to voters whose faith in government has sunk to record lows in recent years. Only about 2 in 10 Americans trust the government to do the right thing always or most of the time, according to the Pew Research Center , down from around 4 in 10 who said this in 2000 — before the upheaval of a global financial crisis, an inconclusive war on terrorism and a worldwide pandemic. Story continues below video Kay Schlozman, a Boston College political science professor, said Trump's nominees could be viewed as "an extension of his capacity to question the received wisdom and question the supposed elites who always run everything.” Some of the largest gaps between expertise and personnel have been evident in public health. Trump chose Robert F. Kennedy Jr. to lead the Department of Health and Human Services despite his reputation as one of the most prolific spreaders of unfounded theories about the supposed danger of vaccines. Trump also picked Dr. Jay Bhattacharya, a critic of public health measures like lockdowns and vaccine mandates that were used during the coronavirus outbreak, to run the National Institutes of Health , the country's top medical research agency. In other areas of government, loyalty has often been prized over expertise. Lee Zeldin, a former New York congressman, never served on any committees dealing with the environment during nearly a decade on Capitol Hill. Now he’s on deck to lead the Environmental Protection Agency. Brinkley said it's not uncommon to have presidents attempt to change how Washington works. Richard Nixon tried to circumvent government agencies by centralizing decision-making in the White House, and Warren Harding stocked his Cabinet with business leaders. But Brinkley said Trump's approach is more venomous, and he seems to be setting up his staff to compete to be the most zealous. “It’s got a gladiator feel," he said. "They each want to show that they’ve got a scalp to punish the so-called deep state, the legacy media or the Democratic Party.” Another way that Trump is taking on Washington is the Department of Government Efficiency , an independent advisory organization that will be run by Elon Musk and Vivek Ramaswamy. Musk, the world's richest man, and Ramaswamy, an entrepreneur, plan to provide ideas on dramatically reducing federal spending and cutting the government workforce. They also said Trump should sidestep Congress whenever possible, setting up a potential constitutional clash. Theda Skocpol, a Harvard University professor of government and sociology, agreed that Americans are often doubtful about Washington's effectiveness. “But it doesn’t mean there’s going to be an easy path to eliminating entire departments or functions of government because people will realize they have the stakes in those things,” she said. However, Skocpol said, chaos might be the actual goal. “Parts of American conservatism have been trying to make government a mess when they control it, and then use it as an argument for less government," she said. ____ Associated Press writer Eric Tucker contributed to this report.
NEW YORK (AP) — Donald Trump used his image as a successful New York businessman to become a celebrity, a reality television star and eventually the president. Now he will get to revel in one of the most visible symbols of success in the city when he rings the opening bell of the New York Stock Exchange on Thursday as he's also named Time Magazine's Person of the Year. Trump is expected to be on Wall Street to mark the ceremonial start of the day's trading, according to four people with knowledge of his plans. He will also be announced Thursday as Time's 2024 Person of the Year , according to a person familiar with the selection. The people who confirmed the stock exchange appearance and Time award were not authorized to discuss the matter publicly and spoke to The Associated Press on condition of anonymity. It will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who at times has treated the stock market as a measure of public approval and has long-prized signifiers of his success in New York's business world and his appearances on the covers of magazines — especially Time. Trump was named the magazine's Person of the Year in 2016, when he was first elected to the White House. He had already been listed as a finalist for this year's award alongside Vice President Kamala Harris, X owner Elon Musk, Israeli Prime Minister Benjamin Netanyahu and Kate, the Princess of Wales. Time declined to confirm the selection ahead of Thursday morning's announcement. “Time does not comment on its annual choice for Person of the Year prior to publication,” a spokesperson for the magazine said Wednesday. The ringing of the bell is a powerful symbol of U.S. capitalism — and a good New York photo opportunity at that. Despite his decades as a New York businessman, Trump has never done it before. It was unclear whether Trump, a Republican, would meet with New York's embattled mayor, Democrat Eric Adams , who has warmed to Trump and has not ruled out changing his political party. Adams has been charged with federal corruption crimes and accused of selling influence to foreign nationals; he has denied wrongdoing. Trump himself was once a symbol of New York, but he gave up living full-time in his namesake Trump Tower in Manhattan and moved to Florida after leaving the White House. CNN first reported Wednesday Trump’s visit to the stock exchange and Politico reported that Trump was expected to be unveiled as Time's Person of the Year. The stock exchange regularly invites celebrities and business leaders to participate in the ceremonial opening and closing of trading. During Trump’s first term, his wife, Melania Trump, rang the bell to promote her “Be Best” initiative on children’s well-being. Last year, Time CEO Jessica Sibley rang the opening bell to unveil the magazine's 2023 Person of the Year: Taylor Swift . After the Nov. 5 election, the S&P 500 rallied 2.5% for its best day in nearly two years. The Dow Jones Industrial Average surged 1,508 points, or 3.6%, while the Nasdaq composite jumped 3%. All three indexes topped records they had set in recent weeks. The U.S. stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winning and losing industries underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Trump has long courted the business community based on his own status as a wealthy real estate developer who gained additional fame as the star of the TV show “The Apprentice” in which competitors tried to impress him with their business skills. He won the election in part by tapping into Americans' deep anxieties about an economy that seemed unable to meet the needs of the middle class. The larger business community has applauded his promises to reduce corporate taxes and cut regulations. But there are also concerns about his stated plans to impose broad tariffs and possibly target companies that he sees as not aligning with his own political interests. Trump spends the bulk of his time at his Florida home but was in New York for weeks this spring during his hush money trial there. He was convicted, but his lawyers are pushing for the case to be thrown out in light of his election. While he spent hours in a Manhattan courthouse every day during his criminal trial, Trump took his presidential campaign to the streets of the heavily Democratic city, holding a rally in the Bronx and popping up at settings for working-class New Yorkers: a bodega, a construction site and a firehouse. Trump returned to the city in September to meet with Ukrainian President Volodymyr Zelenskyy at his Manhattan tower and again in the final stretch of the presidential campaign when he held a rally at Madison Square Garden that drew immediate blowback as speakers made rude and racist insults and incendiary remarks . At the stock exchange, the ringing of the bell has been a tradition since the 1800s. The first guest to do it was a 10-year-old boy named Leonard Ross, in 1956, who won a quiz show answering questions about the stock market. Many times, companies listing on the exchange would ring the bell at 9:30 a.m. to commemorate their initial offerings as trading began. But the appearances have become an important marker of culture and politics -- something that Trump hopes to seize as he’s promised historic levels of economic growth. The anti-apartheid advocate and South African President Nelson Mandela rang the bell, as has Hollywood star Sylvester Stallone with his castmates from the film “The Expendables.” So, too, have the actors Robert Downey Jr. and Jeremy Renner for an “Avengers” movie and the Olympians Michael Phelps and Natalie Coughlin. In 1985, Ronald Reagan became the first sitting U.S. president to ring the bell. “With tax reform and budget control, our economy will be free to expand to its full potential, driving the bears back into permanent hibernation,” Reagan said at the time. “We’re going to turn the bull loose.” The crowd of traders on the floor chanted, “Ronnie! Ronnie! Ronnie!” The Dow Jones Industrial Average climbed in 1985 and 1986, but it suffered a decline in October 1987 in an event known as “Black Monday.” Long reported from Washington. Associated Press writer Josh Boak in Washington contributed to this report.
Mizoram Police have arrested two members of a Village Defence Party (VDP) in connection with killing a 31-year-old man near Aizawl over allegations of stealing money, officials said on Monday. A police official said that the two accused identified as K. T. Zonunsanga, 31, and R. Lalhmangaihzuala, 56, were arrested on Sunday and produced before a local court, which sent them to police custody. Both the detainees are members of the VDP in the Tuirial Airfield area. The accused reportedly killed the victim David Lalmuanpuia on December 18 over his alleged involvement in a theft case in the Tuirial Airfield locality, around 18 km east of Aizawl. Expressing his regret over the killing of the 31-year-old man, Home Minister K. Sapdanga urged those involved in community work not to take the law into their hands and act within the framework of the law. The official said that the VDP members detained Lalmuanpuia and his friend Lalduhsaka on suspicion of stealing money from a pastor's quarters. Lalmuanpuia's mother Nunthangmawii alleged that the VDP members took her son from their house on December 18 night after receiving a complaint from the pastor, who alleged that Rs 26,000 had been stolen from his quarters while he was at church. Nunthangmawii claimed that the VDP members questioned her son for several hours and continuously assaulted him mercilessly, leading to his death. "I pleaded for mercy to the VDP members and the pastor to intervene, but none listened to me," the victim's mother told the police and the media. After prolonged questioning and assault, Lalmuanpuia was found unconscious in the VDP room and was shifted to the hospital in Aizawl late on December 18 night. According to Nunthangmawii, her son succumbed to his injuries in the early hours of December 19. She said that though her son took drugs sometimes, he was not involved in the theft case as he had been at home when the theft reportedly took place. Police have registered a case of culpable homicide under the Bharatiya Nyaya Sanhita (BNS) following a complaint filed by Nunthangmawii. Lalmuanpuia's death has rocked the state leading to public outrage, with many demanding stringent punishment for the lynching and blaming the pastor for allegedly failing to respond to the victim's mother's plea. Meanwhile, the Centre for Environment and Social Justice (CESJ), led by social activist Vanramchhuangi urged the state government to take appropriate action against the accused persons. The CESJ said in a statement that if the government fails to act promptly, it will approach the National Human Rights Commission to seek justice for the victim. It also demanded that the Mizoram Police Act, 2011, under which the VDP was formed, be amended to prevent community policing outside the law's boundaries. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year
SAN ANTONIO , Nov. 22, 2024 /PRNewswire/ -- The 2025 Hyundai Santa Cruz XRT has been named the Compact Truck of Texas at the Texas Auto Writers Association (TAWA) annual Truck Rodeo held Sept. 26-27, 2024 . The TAWA Texas Truck Rodeo is a prominent annual event where top automotive media evaluate new vehicles based on performance, value, and overall appeal. Competing against strong contenders, the updated 2025 Santa Cruz XRT impressed judges with its rugged design, advanced technology, and enhanced off-road capability. "We are thrilled to see the 2025 Hyundai Santa Cruz XRT recognized as the 'Compact Truck of Texas .' This award reflects our commitment to offering customers a versatile, fun-to-drive vehicle that is not only capable off-road but also packed with cutting-edge technology and design," said Ricky Lao , director of product planning, Hyundai Motor North America. "The Santa Cruz XRT brings together rugged capability with advanced safety features, making it the perfect choice for adventure-minded consumers seeking the best of both worlds." "The Texas Truck Rodeo is a premier event where vehicles are put to the test by seasoned automotive journalists, and the competition this year was fierce. The 2025 Hyundai Santa Cruz XRT stood out for its impressive blend of rugged off-road capability, cutting-edge technology, and unique design," said Cory Fourniquet , president, Texas Auto Writers Association. "This recognition as the 'Compact Truck of Texas' is well-deserved and highlights Hyundai's commitment to delivering versatile and innovative vehicles that meet the needs of Texas drivers." The 2025 Santa Cruz XRT, featuring a new aggressive front design, XRT-exclusive enhancements including front tow hooks, all-terrain tires, and wrench-inspired wheels, sets a new standard. The model's updated interior boasts a panoramic curved display with an available 12.3-inch driver information cluster and infotainment touchscreen display, alongside standard wireless Apple CarPlay® and Android AutoTM, providing an intuitivedriving experience. Hyundai Motor America Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company's Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California , the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, and several cutting-edge R&D facilities. These operations, combined with those of Hyundai's 835 independent dealers, contribute $20.1 billion annually and 190,000 jobs to the U.S. economy, according to a recent economic impact report . For more information, visit www.hyundainews.com . Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok View original content to download multimedia: https://www.prnewswire.com/news-releases/2025-hyundai-santa-cruz-xrt-named-compact-truck-of-texas-at-texas-auto-writers-associations-truck-rodeo-302314024.html SOURCE Hyundai
Wall Street firms are saying these 4 stock market sectors going into the new year. While tech and financials are expected to continue outperforming, there are also new opportunities. Consider adding materials and utilities to qq portfolio next year. 2024 saw some big winners in the stock market. To be expected, there were a lot of AI-driven winners. The communication services sector led the pack with a year-to-date return of nearly 45%. That's followed closely by the information technology sector, up 40% this year. And consumer sentiment remained high even in the face of stickier-than-expected inflation, boosting the consumer discretionary sector up 38%. In contrast, the healthcare, energy, materials, and real estate sectors returned 5% or lower this year.w Market experts are still bullish on tech and the AI story going into 2025, but they're also expecting market returns to broaden out and come from different sources. Add a new administration into the mix, and there are even more unknowns. Wall Street is bracing for deregulation, tariffs, and new immigration policies under president-elect Donald Trump, which will have different impacts across the market. "The central equity theme for next year is one of higher dispersion across stocks, styles, sectors, countries, and themes," JPMorgan said in its 2025 outlook. So, where should you look for opportunity in the market next year? Business Insider gathered recommendations from six Wall Street firms and compiled four sectors that the investment firms are bullish about going into 2025. Financials Firms optimistic about the sector: Bank of America, JPMorgan, Oppenheimer, Truist, UBS Consensus thesis: Financials will benefit from deregulation and more mergers and acquisitions under a Trump presidency The financials sector is on track for another standout year after returning 30% in 2024, Wall Street banks say. The financials sector is cyclical and therefore does well when the rest of the economy does well. As fears of a recession dissipate and the economy progresses toward a soft landing, financials companies are celebrating — especially US banks, according to Bank of America. It's looking likely that Trump will replace Lina Khan, the current chair of the Federal Trade Commission who's become famous — or infamous, if you're asking corporate America — for her trust-busting. "Our Banks team is bullish on an M&A pick-up , where deal activity has historically been over 50% higher under Republican administrations," wrote Savita Subramanian, head of US equity and quantitative strategy at Bank of America, in the bank's 2025 outlook. Increased dealmaking activity will provide a boost to big banks' investment banking fees and allow financial institutions to expand their business operations, she said. Bank of America believes post-2008 regulations have put a damper on the sector's valuations, but Trump's deregulatory stance is bringing new optimism to the space. "Lighter regulations would be a positive for banks, which now have strong balance sheets and are focused on cash return and could now see loan growth," Subramanian added. While banks typically benefit from high rates as they earn more on their loans, a consistent rate cutting schedule going into 2025 is also a boon for the financial sector, according to UBS. "We expect Fed rate cuts to lead to lower funding costs, higher loan growth, and more capital market activity," the bank said in its 2025 outlook. Related stories Information technology Firms optimistic about the sector: Goldman Sachs, Oppenheimer, Truist, UBS Consensus thesis: Technology will be propelled by both secular trends and the AI story Unsurprisingly, it's looking likely that tech will remain dominant in the new year. AI technology continues to advance, with more companies reporting new monetization opportunities. JPMorgan strategists expect the Magnificent Seven to continue pouring capital expenditures into AI in 2025 — over $500 billion, to be specific. The AI picks and shovels trade that gave a boost to chip producers is still in full effect, UBS says. "AI infrastructure spending remains robust, and we expect key semiconductor components needed for AI to remain supply-constrained in 2025, supporting pricing," the bank said in a note Goldman Sachs is particularly bullish on software and services within the sector. "The industry group is a leading beneficiary of a potential AI 'hand-off' from Phase 2 (infrastructure) to Phase 3 (AI-enabled revenues)," the bank wrote in a note about their 2025 outlook. It's not just AI, though. Goldman Sachs believes software and services will also perform well independently of AI, making it a promising growth area for AI enthusiasts and skeptics alike. "Software & Services offers investors secular growth given it is the industry group least reliant on changes in economic growth or interest rates to drive share price," the bank said. Truist sees robust underlying fundamentals and above-market earnings for businesses in the sector. The tech sector is home to many quality companies with strong business models and robust cash flow, according to UBS. Utilities Firms optimistic about the sector: Goldman Sachs, JPMorgan, UBS Consensus thesis: The mostly-domestic industry will be shielded from tariffs and will benefit from AI tailwinds Goldman Sachs sees utilities as a triple threat: the sector is defensive and will do well if economic growth slows; it's a beneficiary of AI's immense power demand; and its strong US presence reduces the impact of potential tariffs . "The sector is 98% domestic-facing, which should insulate it relative to peers in the event of tariffs," Goldman Sachs said. UBS echoed similar sentiments in its 2025 outlook: "Although utilities companies with high renewables exposure could face near-term pressures, we also expect significant growth in AI data centers to fuel power demand, leading to higher power prices. Roughly 20-25% of the sector has material exposure to these trends. The sector's defensive characteristics should also offer ballast to a portfolio in case economic growth concerns rise." Additionally, Bank of America pointed out that the utilities sector has historically led the charge in times of high M&A activity. Materials Firms optimistic about the sector: Bank of America, Goldman Sachs Consensus thesis: Low starting valuations provide opportunity to beat investor expectations After coming in second to last in performance this year, materials wasn't a popular pick among Wall Street, but Goldman Sachs and Bank of America are betting on the sector to make a comeback in 2025. The sector was battered this year by concerns about the Chinese economy — a major consumer of raw materials — and falling commodity prices across the globe. "The sector's low starting valuation suggests some pessimism is already reflected in the stocks and that increases the likelihood for an asymmetric rise over a 12-month time frame," Goldman Sachs strategists wrote. Bank of America predicts over 20% of growth for the sector in 2025.Vail Resorts Reports Fiscal 2025 First Quarter and Season Pass Sales Results, and Announces 2025 Capital Plan
Stock market today: Nvidia drags Wall Street lower as oil and gold riseGuest Opinion: Musk and Ramaswamy have their work cut out for them
The main US indices finished lower on Monday, fueled by a decline in AI leader Nvidia that weighed on tech stocks, as investors looked ahead to a crucial inflation report set for later this week. Nvidia fell after China's market regulator launched an investigation into the chipmaker over suspected violation of antimonopoly law, dragging down the information technology sector. Advanced Micro Devices slipped after BofA Global Research downgraded its rating on the stock, weighing on the Philadelphia Semiconductor Index. "The market was taken a bit by surprise regarding China's investigating (Nvidia) as a possible antimonopoly-law violation. So that's one thing that's putting a little damper on the market," said Sam Stovall, chief investment strategist at CFRA Research in New York. The S&P 500 lost 37.92 points, or 0.6 percent, to end at 6,052.35, and the Nasdaq Composite lost 123.08 points, or 0.6 percent, to 19,736.69. The Dow Jones Industrial Average fell 240.59 points, or 0.5 percent, to 44,401.93. Comcast declined after forecasting a loss of more than 100,000 broadband subscribers in the fourth quarter, denting the communication services sector. Shares of Hershey soared following a report that Cadbury parent Mondelez was exploring an acquisition of the chocolate maker. Mondelez shares fell. Investors are anticipating the consumer price index (CPI) data set for release on Wednesday, along with the producer price index (PPI) on Thursday, ahead of the Federal Reserve's meeting on Dec. 17-18. Several Fed officials, including Chair Jerome Powell, emphasized caution regarding the central bank's approach to easing monetary policy due to the economy's resilience. Wall Street's main indexes started December on a positive note, with the benchmark S&P 500 and the tech-heavy Nasdaq both gaining in their first week, while the blue-chip Dow ended the week slightly lower. US stocks soared in November after Donald Trump won the presidential election and his party secured control of both houses of Congress, raising expectations for a more business-friendly policy agenda. (Reuters)
In the evolving universe of gaming, where technology continuously pushes the boundaries, a new enigma has emerged, captivating players and developers alike. Enter “m2st34”: an enigmatic code that has recently taken the gaming community by storm. Is it a revolutionary glitch, an intentional easter egg, or a glimpse into the future of interactive experiences? The term “m2st34” first surfaced in forums and social media platforms, leaving many gamers scratching their heads. Rumors suggest that it might be a test feature embedded in next-gen games, aiming to leverage advanced AI for creating personalized gaming experiences. While the specifics remain obscured, the buzz around m2st34 has illuminated the potential future of gaming technology. Speculations abound: some argue that m2st34 could be indicative of a new algorithm designed to enhance real-time strategy adaptation, allowing game worlds to evolve alongside player actions in unprecedented ways. Others believe it is a precursor to sophisticated interactive narratives with the ability to learn and adapt over time. The implications of m2st34 extend beyond mere curiosity. If proven to be a deliberate innovation, it could herald a transformative era in gaming design, leading to experiences that are more immersive and tailored to individual player preferences. As the gaming community eagerly awaits official announcements, one thing is clear: m2st34 has ignited imaginations, promising to pave the way for a more dynamic and personal gaming landscape. Whether it is a glitch or a trailblazer for future gaming technologies, the debate surrounding m2st34 highlights the vibrant and ever-evolving nature of the gaming world. “Unlocking the Mystery of m2st34: The Potential Future of Gaming Technology” In the fast-paced realm of gaming, innovative concepts often spark widespread intrigue, and none more so recently than the mysterious code “m2st34.” As this enigmatic term circulates within the gaming community, it raises countless questions and theories about the future of interactive entertainment. Here, we dissect the possibilities surrounding m2st34, focusing on its potential impact and implications in the gaming industry. What is m2st34? At its core, m2st34 is a puzzling code that has surfaced predominantly in online gaming forums and social media discussions. Although the exact nature of m2st34 remains shrouded in mystery, it is widely speculated to be a test feature hidden within next-generation video games. Potential Innovations 1. Advanced AI Integration: One prevailing theory suggests that m2st34 could represent an advanced artificial intelligence algorithm designed to enhance the adaptability of games. By leveraging AI, developers may create worlds that react in real-time to a player’s actions, offering a uniquely tailored experience. 2. Interactive Narratives: Another exciting possibility is the emergence of sophisticated interactive narratives that evolve based on player choices. This evolution could lead to game stories that not only progress but also adapt over time, delivering a personalized journey for each player. 3. Revolutionizing Game Design: If m2st34 is indeed a technological innovation, it might mark the inception of gaming experiences that are deeply immersive and highly customized. Developers could offer players worlds that mirror their preferences and reflect their decisions in meaningful ways. Market Implications As the gaming industry keeps a close eye on developments related to m2st34, its potential significance is undeniable. The introduction of such a feature could redefine gaming standards, setting new benchmarks for interactivity and player engagement. Controversies and Debates While many are excited, others approach m2st34 with skepticism. Questions arise about the ethical use of AI in games and how it might impact game performance and user data privacy. Debates continue on forums about whether such advancements might alienate traditional gamers or shift the focus away from classic gaming enjoyment. Future Predictions Considering current trends in gaming technology, the introduction of something akin to m2st34 is increasingly plausible. With rapid AI advancements and growing consumer demand for personalized content, the gaming industry is poised for a transformative leap. Analysts predict that if innovations like m2st34 materialize, they could monopolize the market in the coming years. Conclusion While definitive information about m2st34 remains elusive, its influence on gaming discussions is profound. Whether a glitch or a pioneering innovation, m2st34 ignites conversations on the evolving landscape of interactive entertainment. As players and developers eagerly await further revelations, the excitement surrounding m2st34 showcases the dynamic and ever-evolving nature of the gaming world.
2025 highlights include the benefits of increased throughput to 5,000 tpd and improved gold recoveries and an exploration program with 80,000 metres of drilling VANCOUVER, BC , Dec. 9, 2024 /CNW/ - Lundin Gold Inc. LUG (Nasdaq Stockholm: LUG) LUGDF ("Lundin Gold" or the "Company") is pleased to announce its 2025 guidance and three-year outlook for its 100% owned Fruta del Norte ("FDN") gold mine in southeast Ecuador . All amounts are in U.S. dollars unless otherwise indicated. View PDF 2025 Guidance Highlights: Gold production is estimated between 475,000 to 525,000 ounces ("oz"). Cash operating costs 1 and all-in sustaining costs 1 ("AISC") are expected to range between $730 to $790 and $935 to $995 per oz of gold sold 2 , respectively. Total sustaining capital in 2025 is estimated at $75 to $85 million which includes 15,000 metres planned to be drilled under the resource conversion program. In light of exploration success, the Company's near-mine exploration program's footprint is being expanded to incorporate additional land which was previously considered part of the regional program. 65,000 metres is planned to be drilled (see Figure 1). The regional exploration program will broaden with a new three-year greenfield strategy over the Company's unexplored land package of over 50,000 hectares. In its first year the focus will consist of surface exploration and airborne surveys to identify new targets for exploration drilling in 2026. Lundin Gold anticipates continuing to declare quarterly dividends of $0.20 per share. The Company's guidance for the year 2025 is provided in the table below. 2025 Gold Production (oz) 475,000 – 525,000 Mill Throughput (tpd) 5,000 Head Grade (g/t Au) 9.2 Average Mill Recovery (%) 90 % Sustaining Capital ($ million) 75 – 85 Cash operating cost 1 ($/oz sold) 2 730 – 790 AISC 1 ($/oz sold) 2 935 – 995 Near-mine Exploration Program ($ million) 32 Regional Exploration Program ($ million) 8 1 See Non-GAAP Financial Measures section. 2 Gold/silver price per oz assumptions are $2,500/$31.00, respectively. Ron Hochstein , President and CEO commented, "2025 will be another exciting year for Lundin Gold . The commissioning of the plant expansion project is going well, which is expected to increase plant throughput to 5,000 tonnes per day and to improve gold recovery. With investments in the mine including the new dispatch system, and based on the new mill configuration, we have already identified opportunities to further debottleneck and increase average throughput starting in 2026 to 5,500 tonnes per day. By maximizing the potential of FDN through our operational excellence program to increase efficiencies and reduce costs combined with a strong gold price environment, we are confident in our ability to continue to generate meaningful free cash flow. In parallel, we will continue our ambitious exploration program, building on the success of our 2024 program, which, to date, was the largest ever conducted on our extensive, highly prospective land package." The Company's outlook for production, mill throughput, sustaining capital and AISC for the next three years is provided in the table below. 2025 2026 2027 Gold Production (oz) 475,000 - 525,000 475,000 - 525,000 475,000 - 525,000 Mill Throughput (tpd) 5,000 5,500 5,500 Sustaining Capital ($ million) 75 - 85 75 - 90 70 - 85 Cash operating cost ($/oz sold) 1, 2 730 - 790 750 - 810 750 - 810 AISC ($/oz sold) 1, 2 935 - 995 950 - 1,020 925 - 995 2025 Guidance and 2025-2027 Outlook Gold production at FDN for 2025 is estimated to be between 475,000 to 525,000 oz based on an average throughput rate of 5,000 tonnes per day ("tpd"). Head grade is estimated to average 9.2 g/t, with fluctuations expected during the year as different sections of the ore body are mined. Grades are slightly lower relative to 2024, as a result of continued extension of the mine life at FDN and adjustments to the mine sequence. Average mill recovery for the year is estimated at 90%. Several opportunities have been identified to further debottleneck operations and increase average throughput to 5,500 tonnes per day starting in 2026. Mine operations will benefit from increased mine equipment availability and utilization resulting from the new underground workshop and dispatch system. At the processing plant the debottlenecking opportunities can be implemented with minimal cost as they are optimizations to the new configuration of the process plant. Cash operating costs 1 are estimated to range between $730 and $790 per oz of gold sold 2 in 2025. AISC 1 for 2025 is expected to range between $935 and $995 per oz of gold sold 2 and to fluctuate quarterly based on sustaining capital activities. Unit costs are anticipated to be higher compared to 2024 and are primarily attributable to increased royalties and employee profit sharing resulting from the increase in the assumed gold price from $1,900 /oz to $2,500 /oz, and an increase in sustaining capital expenditures. Gold production and sales are expected to be backend weighted in 2025 as mill throughput is anticipated to increase over the year as the plant expansion project is fully commissioned. Mill head grade is also expected to improve as the year progresses due to mine sequencing. This translates to lower anticipated unit costs in the second half of the year relative to the first half. 1 See Non-GAAP Financial Measures section. 2 Gold/silver price per oz assumptions for the three years are $2,500/$31.00, respectively. Total sustaining capital in 2025 is estimated at $75 to $85 million and includes costs related to the expansion of the tailings storage facility (fifth raise), improvements to industrial and potable water supply and distribution, the next phase of upgrades to the waste water treatment plants, resource conversion drilling, mobile equipment rebuilds or replacement and underground development and improvements of the South Portal. In addition, the estimate includes the remaining costs to commission four additional diesel generators purchased in 2024 which will allow the FDN process plant to run slightly below capacity in the event of a power disruption from the national grid. Sustaining capital in 2026 has increased from previous guidance due to the impact of increased mineral reserves and tonnage, leading to adjustments to the maintenance and replacement schedule of the mobile equipment fleet, as well as a larger tailings storage facility design. This increase in sustaining capital, combined with the increase in the assumed gold price 1 , has resulted in an increase in AISC 2 per oz sold in 2026 compared to previous guidance. Consistent with previous years, the Company expects its free cash flow 2 during the second quarter of 2025 to be lower than other quarters due to the payment of annual profit sharing to the government and employees along with remaining income taxes owed. This variation is expected to be more pronounced in 2025 due to the Company's strong operating performance achieved so far in 2024 which has been further bolstered by high gold prices. 2025 Resource Conversion Program Based on the results of the 2024 conversion drilling program, the Company intends to release updated estimates of Mineral Reserves and Resources for FDN early in 2025. A total of 15,000 metres of resource conversion drilling is anticipated in 2025. 2025 Exploration Programs Lundin Gold's near-mine exploration program's footprint is being expanded to incorporate additional land which was previously considered part of the regional program (see Figure 1). As part of the near-mine program a total of 65,000 metres of drilling is planned from surface and underground using 12 rigs at an estimated cost of $32 million . The program will focus on extending the mine life of FDN by exploring several advanced targets within and around the FDN system including but not limited to FDN, FDNS, FDN East, FDN North and the Bonza Sur deposit. The Company is currently drilling and evaluating the Bonza Sur deposit and anticipates publishing an initial resource by mid year 2025. The regional exploration program will focus on the unexplored large package of mineral concessions located on a highly prospective environment which hosts the Fruta del Norte deposit (see Figure 1). This will be the first year of a new three-year greenfield strategy to identify new areas for exploration drilling. The 2025 program includes a geophysical magnetic survey and a geochemical sampling program and is estimated to cost $8 million . 1 Gold/silver price per oz assumptions for the three years are $2,500/$31.00, respectively. 2 See Non-GAAP Financial Measures section. Figure 1: Map showing expanded near-mine exploration program and 1 st year focus of new three year regional exploration program Dividend Consistent with the Company's dividend policy, Lundin Gold anticipates continuing to pay quarterly dividends of $0.20 per share, subject to the approval of the Board of Directors. Non-GAAP Financial Measures This news release refers to certain financial measures, such as cash operating costs, AISC, and free cash flow, which are not measures recognized under IFRS and do not have a standardized meaning prescribed by IFRS. These measures may differ from those made by other companies and accordingly may not be comparable to such measures as reported by other companies. These measures have been calculated on a basis consistent with historical periods. Please refer to the Company's MD&A filed on SEDAR+ under the Company's profile at www.sedarplus.ca , pages 14 to 18, for the third quarter of 2024 for an explanation of non-IFRS measures used. Qualified Persons The technical information relating to FDN contained in this News Release has been reviewed and approved by Terry Smith P. Eng , Lundin Gold's COO, who is a Qualified Person in accordance with the requirements of NI 43-101. The disclosure of exploration information contained in this press release was prepared by Andre Oliveira , P.Geo, Lundin Gold's V.P. Exploration, who is a Qualified Person in accordance with the requirements of NI 43-101. About Lundin Gold Lundin Gold , headquartered in Vancouver, Canada , owns the Fruta del Norte gold mine in southeast Ecuador . Fruta del Norte is among the highest-grade operating gold mines in the world. The Company's board and management team have extensive expertise in mine operations and are dedicated to operating Fruta del Norte responsibly. The Company operates with transparency and in accordance with international best practices. Lundin Gold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact. The Company believes that the value created through the development of Fruta del Norte will benefit its shareholders, the Government and the citizens of Ecuador . Additional Information The information in this release is subject to the disclosure requirements of Lundin Gold under the EU Market Abuse Regulation. This information was publicly communicated on December 9, 2024 at 2:30 p.m. Pacific Time through the contact persons set out below. Caution Regarding Forward-Looking Information and Statements Certain of the information and statements in this press release are considered "forward-looking information" or "forward-looking statements" as those terms are defined under Canadian securities laws (collectively referred to as "forward-looking statements"). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements. By their nature, forward-looking statements and information involve assumptions, inherent risks and uncertainties, many of which are difficult to predict, and are usually beyond the control of management, that could cause actual results to be materially different from those expressed by these forward-looking statements and information. Lundin Gold believes that the expectations reflected in this forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct. Forward-looking information should not be unduly relied upon. This information speaks only as of the date of this press release, and the Company will not necessarily update this information, unless required to do so by securities laws. This press release contains forward-looking information in several places, such as in statements relating to the Company's 2025 guidance and 2025-2027 outlook, including estimates of gold production, grades, recoveries and its expectations regarding ASIC , cash operating costs, sustaining costs, free cash flow and capital costs, plans to declare and pay dividends, the timing of updates to Mineral Reserve and Resource estimates, actions taken to mitigate the impacts of disruptions to power to Fruta del Norte, and the Company's exploration plans and success. There can be no assurance that such statements will prove to be accurate, as Lundin Gold's actual results and future events could differ materially from those anticipated in this forward-looking information as a result of the factors discussed in the "Risk Factors" section in Lundin Gold's Annual Information Form dated March 26, 2024 , which is available at www.lundingold.com or www.sedarplus.ca . Lundin Gold's actual results could differ materially from those anticipated. Factors that could cause actual results to differ materially from any forward-looking statement or that could have a material impact on the Company or the trading price of its shares include: instability in Ecuador ; community relations; forecasts relating to production and costs; mining operations; security; non-compliance with laws and regulations and compliance costs; tax changes in Ecuador ; waste disposal and tailings; government or regulatory approvals; environmental compliance; gold price; infrastructure; dependence on a single mine; exploration and development; control of Lundin Gold ; availability of workforce and labour relations; dividends; information systems and cyber security; Mineral Reserve and Mineral Resource estimates; title matters and surface rights and access; health and safety; human rights; employee misconduct; measures to protect biodiversity; endangered species and critical habitats; global economic conditions; shortages of critical resources; competition for new projects; key talent recruitment and retention; market price of the Company's shares; social media and reputation; insurance and uninsured risks; pandemics, epidemics or infectious disease outbreak; climate change; illegal mining; conflicts of interest; ability to maintain obligations or comply with debt; violation of anti-bribery and corruption laws; internal controls; claims and legal proceedings; and reclamation obligations. SOURCE Lundin Gold Inc. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2024/09/c4075.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.A voting machine firm suing Fox News now wants to probe Murdoch family trust fight
HM Shah stresses on mapping of demographic data of people along India-Myanmar border
UnitedHealthcare CEO Shooting: Luigi Mangione Arrested at McDonald'sStock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000As the off-season unfolds, ATP and WTA stars are making the most of their time away from the tennis courts to fulfil commitments and enjoy some downtime. Serena and Venus Williams shared highlights from their recent family trip to Disney World, which you can find in this new Daily Dose of Social Media . Meanwhile, Leylah Fernandez “risked her life” during a recent photoshoot for one of her sponsors, Carlos Alcaraz looked back on his vacation time as he returns to training, and Aryna Sabalenka shared exclusive photos from her visit to the Abu Dhabi Grand Prix alongside her boyfriend. Venusand Serena Williams enjoy family time at Disney World SerenaWilliams shared a carousel of photos from her family getaway to Disney World,where she also spent time with her sister, Venus Williams. The two multi-timeGrand Slam champions posed for several family photos, including ones in frontof Cinderella's Castle at Magic Kingdom and on the Tron Lightcycle / Run rollercoaster. “Earned my ears @disney!!! ➡️✅✅” Venus Williams posted. “There’snothing like a quick family trip to @disneyparks. There’s no place like Disney ,” Serena Williams wrote alongside aset of photos featuring her sisters, Lyndrea Price and Isha Price, and theirmother, Oracene Price. Serena's husband, Alexis Ohanian, and their daughters,7-year-old Olympia and 1-year-old Adira, also joined the trip. SerenaWilliams, a 23-time Grand Slam champion, retired in September 2022 after the USOpen and has since focused on her business ventures and investments. However,she continues to prioritise family time, frequently sharing photos and videoswith her husband and daughters. On the other hand, Venus remains officiallyactive on the professional tour, although her appearances have been sporadic.In 2024, she played just two matches during the Sunshine Double in March,losing in the first round at both Indian Wells and the Miami Open. Una publicación compartida de Venus Williams (@venuswilliams) Una publicación compartida de Serena Williams (@serenawilliams) ArynaSabalenka shares photos from F1 Abu Dhabi Grand Prix visit ArynaSabalenka, World No. 1, shared a carousel of photos from her visit to Abu Dhabifor the F1 Grand Prix. Just a day earlier, she stole the spotlight dancing to"The Ketchup Song" alongside the Alpine team in a viral video beforethe race began. This time, the Belarusian posted snapshots of her day as aspectator at the event, where she was accompanied by her boyfriend, GeorgiosFrangulis. Thethree-time Grand Slam champion was recently named Player of the Year atthe WTA Awards for the first time in her career, following a stellar season.Sabalenka ended the year ranked No. 1, winning four titles with a remarkable56-14 record and earning over $9.7 million in prize money. Sabalenkais set to return to action on December 30th at the Brisbane International,marking the start of the 2025 season. The Belarusian has 2,300 points to defendearly in the year, earned from her runner-up finish in Brisbane (losing toElena Rybakina) and her Australian Open title (defeating Zheng Qinwen) lastseason. Una publicación compartida de Aryna Sabalenka (@arynasabalenka) Shapovalovoptimistic for 2025 after ranking surge DenisShapovalov shared an honest reflection with his fans about his latest seasonand expressed his ambitions for 2025. The Canadian tennis player had to stepaway from the courts for about six months in the second half of 2023 due toinjury and spent 2024 working to climb back up the rankings. 'Shapo' seemed tofind his rhythm again towards the end of the season, clinching the title at theBelgrade Open, which helped him finish the year ranked World No. 56, a jump ofmore than 80 places in the last four months of the year. “I’m superproud of how hard I worked this year. Coming back from an injury is never easy,and I had to be really patient with my body and the results... but ending on ahigh note meant a lot!! ,” the former World No. 10 wrote.“Thank you to the fans around the world for your support every week and to allthe Canadians for always cheering me on... I’m always proud to represent you oncourt!! I’m already working really hard in my 2025 preseason training with myteam so I can’t wait to see you all on court again in the new year to pick upwhere we left off ” Una publicación compartida de Denis Shapovalov (@denis.shapovalov) ‘Risking her life’: Leylah Fernandez impresses with photoshoot antics LeylahFernandez shared a playful video capturing what she described as “risking herlife” during a new photoshoot. The Canadian tennis star is making the most ofthe off-season by fulfilling commitments with her sponsors, including regularphotoshoots. The former US Open runner-up gave fans a sneak peek of an upcomingshoot with a lighthearted moment caught on camera. “That onetime I risked my life for a photo,” Fernandez wrote as she posed with her armsback for a shot. In the clip, a production team member warned her in Frenchbefore dropping tennis balls from above: “Leylah, I’m sorry if I hit you, Idon’t want to...” Fernandez nodded, signalling she was ready for the moment. As dozensof tennis balls rained down near Fernandez, none of them hit her, much to thesurprise of the production team and the player herself. Fernandez burst intolaughter after emerging unscathed from the stunt. “Can’t wait to share theresults of this shoot with you!! Some exciting projects in the works,” sheadded. Una publicación compartida de @leylahanniefernandez (@leylahannietennis) Alcaraz’soff-season – vacations, exhibitions, and a return to the court Carlos Alcaraz shared a carousel of moments on Instagram over the past few weeks after wrapping up the season. The 4-time Grand Slam champion took some time off to relax and fulfill various commitments, carving out moments to enjoy vacations with his friends, including beach outings, yacht rides, and even partying. The world No. 3 also showcased his golf skills and made time to visit the tennis court to kick off preparations for the 2025 season. The Spaniard enjoyed a brief vacation in the Dominican Republic before heading to the USA for two exhibition matches—first against Ben Shelton in New York City and then against Frances Tiafoe in Charlotte. With those commitments behind him, Alcaraz is now back in Spain, training at the Juan Carlos Ferrero Academy, where he will be joined this week by fellow players Jack Draper and Flavio Cobolli. Una publicación compartida de Carlos Alcaraz Garfia (@carlitosalcarazz) This article first appeared on TennisUpToDate.com and was syndicated with permission.
Stock market today: Nvidia drags Wall Street lower as oil and gold rise
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