Jet crash disaster in South Korea marks another setback for BoeingUnitedHealth projects 2025 operating cash flow below estimates

WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump's supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump's movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump's Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Loomer's comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks , whom Trump has tapped to be the “White House A.I. & Crypto Czar." Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government , weighed in, defending the tech industry's need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump's world and what his political movement stands for. Trump has not yet weighed in on the rift. His presidential transition team did not respond to questions about positions on visas for highly skilled workers or the debate between his supporters online. Instead, his team instead sent a link to a post on X by longtime adviser and immigration hard-liner Stephen Miller that was a transcript of a speech Trump gave in 2020 at Mount Rushmore in which he praised figures and moments from American history. Musk, the world's richest man who has grown remarkably close to the president-elect , was a central figure in the debate, not only for his stature in Trump's movement but his stance on the tech industry's hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry's need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent," he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Trump's own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump's businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club , and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country" and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country," he told the “All-In" podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump's budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes.FLORHAM PARK, N.J. (AP) — New York Jets kicker Greg Zuerlein will be activated from injured reserve and will play against the Buffalo Bills on Sunday. Interim coach Jeff Ulbrich announced Friday that Zuerlein is returning after missing seven games with a knee injury to his left, non-kicking leg. He had been shaky before the injury, but the Jets have since been unsettled at the position, with Riley Patterson, Spencer Shrader and Anders Carlson all filling in. “He came back, looked healthy, kicked the ball well this week,” Ulbrich said of Zuerlein. “So, he’ll be our guy going forward here.” Zuerlein is officially listed as questionable to play, but was a full participant the final two practices. Wide receiver Davante Adams is also questionable , but likely to play after participating on a limited basis Friday because of a hip ailment that held him out Thursday. Adams, acquired from Las Vegas in October, has 56 receptions for 719 yards and six touchdowns on 94 targets in nine games for the Jets. He’s 72 yards away from his fifth straight 1,000-yard season and sixth of his career. “I think at this point, it would be a crying shame to not be able to get that,” he said. Adams and Aaron Rodgers are also tied with Miami’s Dan Marino and Mark Clayton for the third-most TD connections (82), including playoffs, by a quarterback-wide receiver duo. Rodgers needs one touchdown pass to become the fifth player in NFL history to get 500 in the regular season — and Adams said he would “love” to be on the receiving end of the milestone. “I got 200, I got 400," he said of Rodgers' TD passes while they were teammates in Green Bay. “So it would be dope to get 500 as well. I think his 200th was my first, so we got some special connections in the past, so it'd be great.” Adams said he was injured early in the game against the Rams, but was still able to catch seven passes for 68 yards and a touchdown. He said he was optimistic about his chances of playing at Buffalo. “We’re still working on it,” Adams said. “We’re treating it, trying to get it right so we can hopefully be there and ready by game time.” Cornerback Sauce Gardner is also questionable with a hamstring injury that sidelined him in the second half of New York's loss to the Los Angeles Rams . Zuerlein, who re-signed with the Jets last offseason on a two-year deal, made just nine of 15 field goal attempts and missed one extra point in the first eight games this year. He had been one of the NFL's most consistently reliable kickers the previous two seasons with the Jets. Patterson kicked in one game after the Jets placed Zuerlein on IR. Shrader also kicked in one game before he was signed off the practice squad by Kansas City. Carlson had been the kicker the past five games, but missed a field goal and an extra point against the Rams and the Jets signed Greg Joseph to the practice squad to provide competition. Ulbrich said earlier in the week Zuerlein would also be in the mix after a long layoff. "I think sometimes that can be powerful, an opportunity just to take a deep breath, get his body healthy again and get a restart," Ulbrich said. “So I’m excited for him to do his thing these last two games and really demonstrate to everybody who he is as a kicker.” Defensive tackle Quinnen Williams could return after missing last week with a hamstring injury. He was listed as questionable and was limited at practice all week. Also questionable but expected to play are right tackle Morgan Moses (knee), safety Tony Adams (ankle), cornerback Michael Carter II (back), defensive end Haason Reddick (neck) and defensive lineman Braiden McGregor (ankle). Defensive tackle Leki Fotu was ruled out with a knee injury. AP NFL: https://apnews.com/hub/NFLStudent marches, traffic blockades in Serbia as protests persist over concrete canopy fall

Stock market today: Wall Street slips as technology stocks drag on the market NEW YORK (AP) — Stocks slipped as Wall Street closes out a holiday-shortened week. The S&P 500 fell 1.6% Friday and the the Dow Jones Industrial Average lost 475 points, or 1.1%. The Nasdaq composite is down 2%. Technology stocks were the biggest drag on the market. The S&P 500 is still headed for its second consecutive annual gain of more than 20%, the first time that has happened since 1997-1998. In Asia, Japan’s benchmark index surged as the yen remained weak against the dollar. Stocks in South Korea fell after the main opposition party voted to impeach the country’s acting leader. 10 tips from experts to help you change your relationship with money in 2025 NEW YORK (AP) — As the calendar changes to 2025, you might be thinking about how to approach your relationship with money in the new year. Whether you’re saving to move out of your parents’ house or pay off student loan debt, financial resolutions can help you stay motivated. If you’re planning to make financial resolutions for the new year, experts recommend that you start by evaluating the state of your finances in 2024. Then, set specific goals and make sure they’re attainable for your lifestyle. An online debate over foreign workers in tech shows tensions in Trump's political coalition WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump’s supporters over immigration and the tech industry has thrown internal divisions in the president-elect’s political movement into public display. The argument previews fissures and contradictory views his coalition could bring to the White House. The rift laid bare tensions between the newest flank of Trump’s movement — that is, wealthy members of the tech world who want more highly skilled workers in their industry — and people in Trump’s Make America Great Again base who championed his hardline immigration policies. A 9th telecoms firm has been hit by a massive Chinese espionage campaign, the White House says WASHINGTON (AP) — A top White House official says a ninth U.S. telecoms firm has been confirmed to have been hacked as part of a sprawling Chinese espionage campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Administration officials said this month that at least eight telecommunications companies, as well as dozens of nations, had been affected by the Chinese hacking blitz known as Salt Typhoon. But Anne Neuberger, a deputy national security adviser, said Friday that a ninth victim had been identified after the administration released guidance to companies about how to hunt for Chinese culprits in their networks. Most Americans blame insurance profits and denials alongside the killer in UHC CEO death, poll finds WASHINGTON (AP) — Most Americans believe health insurance profits and coverage denials share responsibility for the killing of UnitedHealthcare’s CEO — although not as much as the person who pulled the trigger. So says a new poll from NORC at the University of Chicago. It finds that about 8 in 10 Americans say that the person who committed the killing has “a great deal” or “a moderate amount” of responsibility for the Dec. 4 shooting of Brian Thompson. Still, some see suspect Luigi Mangione as a heroic figure. About 7 in 10 adults say coverage denials or health insurance profits also bear at least “a moderate amount” of responsibility for Thompson’s death. Another jackpot surpasses $1 billion. Is this the new normal? Remember this moment because it probably won’t last: A U.S. lottery jackpot is projected to soar above $1 billion, and that's still a big deal. Friday’s Mega Millions drawing is worth an estimated $1.15 billion. The prize has evoked headlines across the country, despite the nation's top 10 jackpots already having boasted billion-dollar payouts. Jonathan Cohen is the author of the book “For a Dollar and a Dream: State Lotteries in Modern America.” He says he expects jackpots to continue to grow in size. Larger payouts attract more media attention, increase ticket sales and bring in new players. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Richard Parsons, prominent executive who led Time Warner and Citigroup, dies at 76 NEW YORK (AP) — Richard Parsons, one of corporate America’s most prominent Black executives who held top posts at Time Warner and Citigroup, has died. He was 76. Parsons died Thursday at his Manhattan home. He was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. Financial services company Lazard confirmed his death. Parsons was a longtime member of the company's board. His friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder’s company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen has targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said Thursday's bombardment took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the airport in Sanaa, power stations and ports. The Israeli military later said it wasn’t aware that the WHO chief was at the location in Yemen. At least three people were reported killed and dozens injured in the Sanaa airport strike. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose.TORONTO - Strength in base metal stocks helped lift Canada’s main stock index Tuesday, while U.S. stock markets were mixed. Markets took on a cautious tone Tuesday, said Greg Taylor, chief investment officer at Purpose Investments. “We had a super strong month of November across the board, and then yesterday was kind of a bit of a give back,” he said, noting that weakness in commodities held the TSX back on Monday. The S&P/TSX composite index closed up 45.40 points on Tuesday at 25,635.73. In New York, the Dow Jones industrial average was down 76.47 points at 44,705.53. The S&P 500 index was up 2.73 points at 6,049.88, while the Nasdaq composite was up 76.96 points at 19,480.91. In Canada, Scotiabank was the first major bank to report earnings, with the rest to come in short order as the sector caps off earnings season. The bank saw its earnings rise year-over-year, and it set aside a smaller sum for loan losses than it did a year ago. However, its profit came in below analyst expectations, and Scotiabank said it expects continued pressure on loan growth in the coming months. Scotiabank’s share price fell more than three per cent, but Taylor said that was likely investors taking some profit after a strong several months for the stock. “There’s not a lot of expectations for any fireworks from the banks this week,” he said. In the U.S., a report showed U.S. employers advertised slightly more job openings at the end of October than they did the month before, ahead of the monthly jobs report at the end of the week. The U.S. Federal Reserve is set to make its last interest rate decision of the year later this month. “The payroll number Friday is going to be interesting to watch,” said Taylor. “It’s certainly a case that if you did get a really strong number, you might get some people putting into question the need for another rate cut at this meeting.” But while economic strength and the promised policies of president-elect Donald Trump could mean fewer rate cuts than previously expected in 2025, Taylor said a cut from the Fed later this month is a “foregone conclusion.” In Canada, where the economy hasn’t weathered high rates as well, another cut is expected next week from the central bank, said Taylor. However, if the Fed does pull back on cuts in the coming year, Canada may have to move with more caution, he said, as the divergence could put further downward pressure on the loonie. The Canadian dollar traded for 71.14 cents US,compared with 71.14 cents US on Monday. The January crude oil contract was up US$1.84 at US$69.94 per barrel and the January natural gas contract was down 17 cents at US$3.04 per mmBTU. The February gold contract was up US$9.40 at US$2,667.90 an ounceand the March copper contract was up 13 cents at US$4.20 a pound. — With files from The Associated Press This report by The Canadian Press was first published Dec. 3, 2024. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

US-Google face off as ad tech antitrust trial comes to close

Tech Tumble! Dow Dips Dramatically.Former New Orleans priest convicted of raping teen boy dies while serving life sentenceThe Power Play

Lifestyle Don't miss out on the headlines from Lifestyle. Followed categories will be added to My News. In this article Unpacking the TikTok-led viral boycott of seed oils What the research actually says about seed oils An Aussie nutritionist weighs in on which oils are best According to TikTok, seed oils are rife with health risks and shouldn’t be consumed at all. Here’s what the actual evidence and a qualified nutritionist want you to know. Every time you open TikTok or any major social media platform, you’re bombarded with information regarding what you should and shouldn’t be doing for your health. While there are plenty of wonderful health professionals creating and sharing useful content online, there are just as many (if not more) totally unqualified voices fuelling opinion-based – and often dangerous – trends. The latest? Apparently, seed oils – Rice bran, Safflower, Sunflower, Corn, Canola, Cottonseed, Soybean, and Grapeseed oil – need to be purged from our pantries and never consumed again. @seanmikekelly STOP USING CANOLA OIL! ♬ original sound - Sean Kelly - Sean Kelly The trend, accompanied by hashtags such as #seedoilbad and #boycottseedoil, initially surfaced on the video platform a few years ago, undergoing a resurgence in recent months thanks to some very vocal ‘experts’. To be clear, most creators on the app warning against people using seed oils don't have a problem with the pure substances themselves, but rather are criticising the industrially-produced commercial iterations widely available to consumers. As well-known biologist Gary Brecka explains in this TikTok , mass producers subject seed oils to several heating processes and added chemicals in order to achieve a commercially viable colour, consistency and odour. However, the theories and (loose) evidence contributing to this widespread cancellation of seed oils are largely based on industries in the US. Still, thanks to the video platform, viewers all over the world– Australia included – have grasped the issue of seed oils and whether they are safe to consume. But as Chloe McLeod, a dietitian specialising in advanced sports nutrition , says, these viral TikTok claims shouldn’t be confused with evidence-based findings. “There is plenty of evidence to show seed oils are completely safe for consumption and aren’t something we need to be fearful of. The main thing when looking at fats or oils is we ideally want a higher omega 3 to omega 6 ratio,” she explains, sharing we should all be aiming to include plenty of oily fish in our diets and plant-based sources like chia seeds, walnuts and linseeds. Oils and healthy fats are an important part of our diet. Image: Pexels What are the best oils for cooking? With so many options available in supermarkets, choosing the best oil to roast potatoes or crisp up a schnitzel can feel like finding a needle in a haystack. However, McLeod says there’s no questioning which one we should all reach for. “Hands down the best oil when it comes to its nutritional profile is good quality extra virgin olive oil,” she says. “It contains a diverse range of antioxidants and polyphenols that is unique to extra virgin olive oil and has good evidence to support its benefits for heart health, gut health, mental health and reducing inflammation.” Plus, extra virgin olive oil has quite a high smoke point and tolerates heat up to 210 degrees Celsius while maintaining its levels of antioxidants, meaning it’s totally safe to use with most recipes and kitchen appliances. In restaurants, oils are repeatedly heated to high temperatures and infrequently changed. Image: iStock But if you’re pantry has been cleaned out of extra virgin olive oil from your weekend attempt at Foccacia baking, reaching for other alternatives – including the seed oils – won’t do any major harm. Long before the TikTok experts started piling criticism onto seed oils, one 2022 report in association with Harvard University completely debunks the alleged health risk. According to Guy Crosby, ​​an adjunct associate of nutrition at Harvard T.H. Chan School of Public Health, the negative health outcomes associated with processed and packaged foods have less to do with seed oils and more to do with their higher percentages of refined carbohydrates, sodium, and sugar. “Sure, if you cut back on these foods, chances are you’re going to feel better,” Crosby explains, sharing that a food’s cooking environment also plays a big role in its health rating. When oils – seed or otherwise – are used to cook in restaurants or commercial kitchens, they are repeatedly heated to high temperatures and infrequently changed, “Cooking with seed oils at home isn’t an issue,” he says. More Coverage What is 'starvemaxxing'? The dangerous new TikTok trend explained Staff Writer Experts say you should probably ignore TikTok's tampon prosecco hack Ashleigh Austen Originally published as Are seed oils actually bad for you? More related stories Gold Coast ‘I see them having sex’: Luxury tower’s eye-catching flaw Residents of a new luxury tower in a swanky suburb can be seen “urinating, showering and fornicating” by neighbours. Read more Victoria Why Melbourne-themed cafes are popping up around the world? Melbourne-themed cafes are springing up around the world, from Budapest to Nantes. Here’s what they’re trying to capture about our local cafes and why they’re proving a hit. Read more

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 in ASML To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in ASML between January 24, 2024 and October 15, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . [You may also click here for additional information] NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP , a leading national securities law firm, is investigating potential claims against ASML Holding N.V. ("ASML" or the "Company") ASML and reminds investors of the January 13, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com . As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) the issues being faced by suppliers, like ASML, in the semiconductor industry were much more severe than Defendants had indicated to investors; (2) the pace of recovery of sales in the semiconductor industry was much slower than Defendants had publicly acknowledged; (3) Defendants had created the false impression that they possessed reliable information pertaining to customer demand and anticipated growth, while also downplaying risk from macroeconomic and industry fluctuations, as well as stronger regulations restricting the export of semiconductor technology, including the products that ASML sells; and (4) as a result, Defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis. On October 15, 2024, ASML published earnings for the third quarter of 2024, revealing quarterly bookings of €2.63 billion, a decline of 53% quarter-over-quarter. The Company also announced it expects full year 2025 total net sales to be between €30 billion and €35 billion, with a gross margin between 51% and 53%. On this news, ASML's stock price fell $141.84, or 16.26%, to close $730.43 per share on October 15, 2024, thereby injuring investors. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding ASML's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the ASML class action, go to www.faruqilaw.com/ASML or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) . Follow us for updates on LinkedIn , on X , or on Facebook . Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1c9b98d-c31a-4ede-9848-a13838cd5510 © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Cybersecurity Firm Okta Posts Q3 Earnings, Revenue Beat; Shares Jump

Hydrogen Economy – HydrogenPro ASA – Secures NOK 70 million from existing investors and conditionally NOK 70 million from new strategic partner NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. OSLO, Norway, Dec. 23, 2024 /PRNewswire/ — HydrogenPro ASA (OSE: HYPRO): HydrogenPro ASA (“ ” or the “ “) has secured approx. NOK 70 million in new equity through a private placement of new shares (the “ “) towards its existing shareholders ANDRITZ AG (“ “) and Mitsubishi Heavy Industries, Ltd. (“ “). The Company is further pleased to announce that it has entered into an investment agreement (the “ “) regarding a conditional equity investment of approx. NOK 70 million (the “ “) by LONGi Hydrogen Technology (Xi’an) Co., Ltd. (“ “) and a cooperation agreement (the “ “) with LONGi Hydrogen. Thus, provided successful completion of the LONGi Investment, the total gross proceeds to the Company from the Private Placement and the LONGi Investment amount to approx. NOK 140 million. The subscription price in the Private Placement and LONGi Investment is NOK 5.50 per share (compared to NOK 4.50 per share as of close on 20 December 2024). LONGi Hydrogen is engaged in the development and manufacturing of green hydrogen equipment and solutions. It is a holding subsidiary of LONGi Green Energy Technology Co., Ltd., a world leader in solar PV products and solutions, listed on the Shanghai Stock Exchange. , CEO of HydrogenPro, comments: “Over the past few years, we have demonstrated the importance of our strong partnerships with MHI and ANDRITZ, delivering two of the world’s largest green hydrogen projects. This investment further strengthens the solid cooperation within technology and market development.” adds: “They bring first-class industrial and technical expertise. We see a great strategic fit that together with all of our industrial partners on board we will broaden our opportunities to further optimize our current offering on the market.” The Private Placement Through the Private Placement, ANDRITZ and MHI will each subscribe for 6,350,000 new shares (the “ “) at a subscription price of NOK 5.50 per share (the “ “). The total subscription amount for the New Shares is approx. NOK 70 million. The New Shares will, following their issuance, represent approx. 15.3% of the Company’s outstanding shares. In connection with the Private Placement, both ANDRITZ and MHI have agreed to a 6-month lock-up for its shareholding, subject to customary exemptions. 5,281,300 of the New Shares will be issued to ANDRITZ and MHI on a temporary ISIN blocked from trading on Euronext Oslo Børs pending publication of a listing prospectus. The net proceeds from the Private Placement will be used for general corporate purposes. The Private Placement and issuance of the New Shares is expected to be concluded during the first half of January 2025. Share capital increase In connection with the Private Placement, the board of directors of HydrogenPro (the “ “) has resolved to increase the share capital of the Company with NOK 254,000 by the issuance of 12,700,000 new shares, each with a nominal value of NOK 0.02 pursuant to an authorization granted by the Company’s annual general meeting on 23 April 2024. Investment Agreement and Cooperation Agreement with LONGi Hydrogen Pursuant to the Investment Agreement, LONGi Hydrogen shall subscribe for 12,703,209 new shares in the Company at the Subscription Price. Completion of the LONGi Investment is subject to LONGi Hydrogen obtaining a necessary Overseas Direct Investment (ODI) regulatory approval in China to carry out its investment in the Company (the “ “), and the Company’s shareholders, following and provided LONGi Hydrogen obtaining the Approval, resolving to approve, or facilitate via a board authorisation, the share issue pertaining to the LONGi Investment at a general meeting. It is expected that the LONGi Investment will be consummated during the first half of 2025. Subject to completion of the LONGi Investment, LONGi Hydrogen has agreed to a 6-month lock-up for its shareholding (subject to customary exemptions). Moreover, LONGi Hydrogen intends to nominate one candidate to the Company’s board of directors in connection with the general meeting to be held for the purposes of consummating the LONGi Investment. The net proceeds to the Company from the LONGi Investment will be used for general corporate purposes. The primary purpose of the Cooperation Agreement is for the Company and LONGi Hydrogen to leverage their respective strengths to provide superior quality and cost-efficient products to customers, supporting their long-term vision for global decarbonization. The Cooperation Agreement specifically enables collaboration on relevant projects, broadening the scope of projects the Company and LONGi Hydrogen can bid on and enhancing the quality of products and services delivered. Additionally, the Cooperation Agreement will improve HydrogenPro and LONGi Hydrogen’s manufacturing footprint in China and Europe, ensuring optimized production and supply chain efficiency. Equal treatment considerations – Subsequent Offering The Private Placement entails a deviation from the shareholders’ pre-emptive rights pursuant to Sections 10-4 and 10-5 of the Norwegian Public Limited Companies Act. The Board has diligently considered the deviation from the shareholders’ pre-emptive rights to be in the best interest of the Company and its shareholders. Moreover, the Private Placement has been considered by the Board in light of the equal treatment obligations under the Norwegian Securities Trading Act section 5-14, section 2.1 of the Oslo Rule Book II, and Oslo Børs’ Circular no. 2/2014, and the Board is of the opinion that it is in compliance with these requirements and guidelines. In reaching these conclusions, the Board emphasized that the Private Placement enables the Company to efficiently raise new equity, and thereby improve the liquidity situation of the Company. Furthermore, the New Shares are issued above the volume-weighted average price (VWAP) of the Company’s shares the last 30 trading days prior to this date, and therefore, based on the current market price, the Private Placement does not result in financial dilution for the Company’s existing shareholders. Alternative structures to the Private Placement have been considered. To facilitate equal treatment, including to limit the dilutive effect of the Private Placement and provide shareholders who did not participate in the Private Placement the opportunity to subscribe for shares at the same price, the Board proposes that a subsequent offering (the “ “) is carried out by the issuance of up to 6,350,000 new shares, at the Subscription Price, which equals up to NOK 34.925 million in gross proceeds, directed at shareholders of the Company as per 20 December 2024 (as registered with the VPS two trading days thereafter) (except for Andritz and MHI) who are not resident in a jurisdiction where such offering would be unlawful or would (in jurisdictions other than Norway) require any prospectus, filing, registration or similar action (the “ “). The subscription period for the Subsequent Offering will commence following the approval and publication of an offering prospectus, expected during Q1 2025. The Subsequent Offering is subject to, inter alia, completion of the Private Placement, relevant corporate resolutions (including necessary resolutions by an extraordinary general meeting of the Company), prevailing market price and traded volume of the Company’s shares, and approval of an offering prospectus. Further information on any Subsequent Offering will be provided in a separate stock exchange release. The Board reserves the right in its sole discretion to not conduct or to cancel the Subsequent Offering. The Board also notes that the LONGi Investment, if and when completed, will entail a deviation from the shareholders’ pre-emptive rights pursuant to Sections 10-4 and 10-5 of the Norwegian Public Limited Companies Act. The Board will therefore consider applicable equal treatment obligations in relation the LONGi Investment following fulfilment of the conditions for consummation of the LONGi Investment, taking into account the prevailing market price and trading volumes of the Company’s shares at such points in time. the latest news shaping the hydrogen market at Hydrogen Economy – HydrogenPro ASA – Secures NOK 70 million from existing investors and conditionally NOK 70 million from new strategic partner, OECD – Leveraging De-Risking Instruments and International Co-ordination to Catalyse Investment in Clean Hydrogen To put the global economy in a trajectory aligned with the Paris Agreement, more investments in... Axon, through its ISETEC fund, announces a strategic investment in Powercell AB, a European leader in fuel cell technology Axon Partners Group, via its ISETEC fund, has made a new strategic investment in Powercell AB, a... Bloom Energy Announces Project Funding Partnership with Industry Leaders HPS Investment Partners and Industrial Development Funding Long-Term Partnership will Enable Funding of Large Projects and Allow Customers to Pay...Romanian lawmakers narrowly approve new pro-European coalition during period of political turmoil

Kings test 3-game winning streak against nemesis Dallas13-year-old Indian cricketer Vaibhav Suryavanshi has become the youngest cricketer ever to be drafted in the IPL overnight, after being auctioned off for $200,000 to the Rajasthan Royals. Watch every ball of Australia v India LIVE & ad-break free during play in 4K on Kayo | New to Kayo? Get your first month for just $1. Limited time offer. Born in 2011, Suryavanshi has already played five first-class games and a domestic T20 for his state Bihar — and is India’s youngest player at the level since 1986. A left-hander top-order batter, the prodigy is surprisingly already well-known in some Australian cricket circles; having made an eye-watering 58-ball hundred against Australia’s U19s earlier this year. Suryavanshi’s whirlwind knock at just 13 years and 187 days old made him the youngest player ever to score a century in youth cricket, smashing the previous record held by Bangladesh captain Najmul Hossain Shanto by over a year. His innings just fell short of the record for the fastest century in an U19 red-ball match, with Moeen Ali’s 56-ball ton against Sri Lanka in 2005 narrowly holding its title. Subsequently, it’s not a total surprise that franchises were interested in investing long-term with Suryavanshi, as a mini bidding war ensued for the youngster. Delhi Capitals and his eventual team the Royals bid upwards from his base price of 30 lakhs, with the latter eventually coming up trumps with a final bid of 1.1 crore (currently equating to $200,727 AUD). “He’s been to our high performance centre in Nagpur, he had trials there and really impressed our coaching set-up there,” Royals chief executive Jake Lush McCrum said after the auction ended. “He’s an incredible talent, and of course you’ve got to have the confidence so he can step up to the IPL level. “Lots of work will go into the coming months to continue to develop him, but hell of a talent and we’re really excited to have him as part of the franchise.” Suryavanshi will at the very least train alongside the likes of England star Jofra Archer and Sri Lankan duo Wanindu Hasaranga and Maheesh Theekshana. The Royals also selected South African young gun Kwena Maphaka, 18, who played three T20I’s for the Proteas in late August against the West Indies.Wall Street inches higher to set more records

The Idaho State women’s volleyball team broke its three-game losing steak and picked up a big road win Thursday night, downing second-place Sacramento State in four sets. The win puts the Bengals in a three-way tie for second in the conference standings, and positions them for their first 20-win season since 2015. ISU, 19-8 overall, finishes regular season play Saturday at Portland State. “It was a great win and nice to get the monkey off our back with winning at Sac,” said Bengal head coach Sean Carter after his team’s 26-24, 18-25, 25-19, 25-18 win over the Hornets. “I thought our serving and defending was the star of the show. Errors were the difference. We are able to win set one with seven less kills than Sac because we only had one attacking error and that set proved to be pivotal.” The Bengals had only 11 kills versus 17 by the Hornets in that first set. But Sac committed nine errors to ISU’s lone miscue. The Hornets then dominated the second set with 18 kills to ISU’s nine. But again, the Bengals played efficiently, committing only one error despite losing the set. “After set two, our serving and passing took off,” said Carter. “We only gave up two aces after set two and got eight aces in the remaining two sets. As normal, Sac scored at a really high rate with their outside hitters, but we were able to force them into more errors than they are used to.” Indeed, Sac committed nine errors in each of the last two sets, while ISU committed just five in each set. Senior Sadie Bluth led ISU with 11 kills, added two service aces, a block and six digs. Jamie Streit had 10 kills, an ace and seven digs. Aliyah Sopo’aga led all players with 33 assists and had eight digs, while sister Asiah Sopo’aga contributed 10 digs and three service aces. The win ties ISU with the Hornets and Weber State for second place in the Big Sky Conference standings at 10-5, behind Northern Colorado, which has clinched the regular season title at 13-2. The Bengals play their last regular season match Saturday beginning at 8 p.m. MST at PSU. A win would give them their first 20-win season since the 2015 Bengals under Rick Reynolds finished 23-15. The conference tournament then tips off on Wednesday in Sacramento.US to send $1.25 billion in weapons to Ukraine, pushing to get aid out before Biden leaves officeTop Stories Global Tourism Rebounds Amid Changing Traveler Preferences By mayukh - December 3, 2024 Image Credits: Pexels The tourism industry is showing strong signs of recovery as international travel resumes, but the pandemic has reshaped traveler preferences and industry practices. Destinations are seeing a surge in visitors, driven by pent-up demand and relaxed restrictions, while sustainability and unique experiences are emerging as key trends shaping the future of tourism. Shifts in Traveler Behavior Travelers are increasingly prioritizing sustainable and eco-friendly options, with destinations promoting green tourism initiatives experiencing a significant uptick in interest. Activities such as wildlife safaris, nature retreats, and cultural immersion trips are gaining popularity, reflecting a desire for meaningful and environmentally conscious experiences. The rise of remote work has also influenced travel trends. “Workcations” are becoming a norm, with travelers extending their stays in scenic destinations to blend leisure and work. Countries offering long-term digital nomad visas, such as Portugal and Thailand, are capitalizing on this trend to boost their economies. Another noticeable shift is the preference for smaller, less crowded destinations. Tourists are opting for lesser-known locations to avoid large crowds and explore unique local cultures. This has provided a lifeline to small towns and rural areas that were previously overlooked. The industry is responding by adopting more technology-driven solutions. Contactless check-ins, virtual tours, and personalized itineraries powered by AI are enhancing the travel experience. Airlines and hotels are also implementing rigorous hygiene measures to restore traveler confidence. While challenges like rising costs and geopolitical uncertainties remain , the recovery trajectory for global tourism is optimistic. By embracing sustainability and innovation, the industry is poised for a robust resurgence, catering to a new era of conscious and tech-savvy travelers. Facebook Twitter Pinterest WhatsApp Linkedin ReddIt Email Telegram Previous article Renewable Energy Job Growth Accelerates Worldwide mayukh http://digitalmarketnews.com