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NCS Trust ‘sad and disappointed’ at government plans to shut it down

The organisation, which has 160 employees, says it is still trying to understand how staff will be affected




point

Fundraising Regulator appoints four new committee members

The new members come from a range of charities, including Save the Children UK and Versus Arthritis




point

Mounting evidence points to air pollution as a cause of eczema

Air pollution has been linked to eczema before, and now a study of more than 280,000 people has strengthened the association




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Key Executive Appointments Announced at UK HealthCare

University of Kentucky Co-Executive Vice Presidents for Health Affairs Eric N. Monday and Robert S. DiPaola sent the following message to the UK HealthCare community on Nov. 6, 2024: We are very pleased to announce that Chris DeSimone and Tim Slocum have accepted the positions of Executive Chief Medical Officer and Senior Vice President and Chief Operations Officer, respectively.




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Key Executive Appointments Announced at UK HealthCare

University of Kentucky Co-Executive Vice Presidents for Health Affairs Eric N. Monday and Robert S. DiPaola sent the following message to the UK HealthCare community on Nov. 6, 2024: We are very pleased to announce that Chris DeSimone and Tim Slocum have accepted the positions of Executive Chief Medical Officer and Senior Vice President and Chief Operations Officer, respectively.




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Preliminary Best Track Points [kmz] - Tropical Depression Nineteen (AT4/AL192024)

KMZ last updated Thu, 14 Nov 2024 11:49:32 GMT




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Solar Thermal Report- Spring 2013: Setpoint control with variable-speed pump

tekmar’s Setpoint Difference Control 157 uses variable-speed pump operations to get more heat from a solar thermal system, even on less-than-ideal days.




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"Risk" is the new selling point to the C-suite

A number of vendors at this year's Safety 2016 expo, which opened Sunday afternoon, are promoting risk management and risk assessment tools.




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VSDesign Unveils "On the Critical Point: Wanderlust and Nostalgia in the New Age" at the Penn Museum

A Global Art Exhibition Examining Humanity's Journey Through Identity, Technology and Culture




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Governor Appoints Heather Jordan WCA Director

New Mexico Gov. Michelle Lujan Grisham appointed Heather Jordan as the new director of the Workers' Compensation Administration, effective immediately. Heather Jordan Jordan succeeds Robert Doucette, who will serve as cabinet…





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New Senate GOP Leader Thune Open To Recess Appointments, Analysts See ‘Difficult’ Path For SecDef Pick

Newly elected Senate Republican leader John Thune (R-S.D.) reiterated his openness on Wednesday to potentially allowing recess appointments to skirt around the traditional confirmation process and quickly install President-elect Trump’s […]




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ECB's de Guindos: All indicators on core inflation pointing to right direction

  • Inflation has come down quite a lot
  • Recent data on prices are heading towards our 2% goal
  • If inflation converges towards our goal, then monetary policy will respond accordingly

This just reaffirms their current stance and market pricing for a rate cut in December. The question now is, how much will the ECB move by? The odds of a 25 bps rate cut are at ~63% with the remainder pinned to a 50 bps move instead.

This article was written by Justin Low at www.forexlive.com.




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Spot Report by OSCE Special Monitoring Mission to Ukraine: SMM threatened at gunpoint near Lobacheve in Luhansk region

This report is for media and the general public.

At 10:10 on 2 August, an armed man at a known Ukrainian Armed Forces position wearing military-style clothing with no markings stopped two SMM vehicles in government-controlled areas travelling east on the road from Lopaskyne (government-controlled, 24km north-west of Luhansk) to Lobacheve (government-controlled, 17km north-west of Luhansk).  When one of the SMM monitors stepped out of the vehicle to speak with the man, the latter chambered a round into his submachine gun (AKSU-74) and after removing the weapon’s safety, pointed it at the SMM monitor and put his finger on the trigger. Speaking in Russian, the armed man told the SMM “Stop. You are not going anywhere”.

The SMM requested the armed man call his commander, which he did. Standing approximately two metres away, the man kept his gun pointed at the SMM monitor and spoke to someone in Russian on his handheld radio. Approximately five to seven minutes later, another man arrived at the scene carrying an assault rifle (AK-74) with a silencer. He was accompanied by three other armed men carrying assault rifles, some of whom appeared to be intoxicated, and appeared to be in a position of authority. Some of the men were dressed in military-style clothing. Using Russian and speaking in an aggressive manner, the man said that he and the other armed men present were members of the Ukrainian Armed Forces. The SMM monitor asked the man who appeared to be in charge to order the armed man to lower his weapon. He did so but the weapon was not made safe.

Speaking with the commander of the group, the SMM monitor tried to diffuse the situation by explaining the Mission’s mandate and after approximately fifteen minutes, the SMM was allowed to leave the area and proceed to Lobacheve to complete their tasks.

The SMM returned safely to its base at 16:00. The Joint Centre for Control and Co-ordination was informed.

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Weekly Update from the OSCE Observer Mission at Russian Checkpoints Gukovo and Donetsk based on information as of 2 August 2016

This report is for the media and the general public.

SUMMARY

Kamensk-Shakhtinskiy, Russian Federation. The Observer Mission (OM) continues to operate 24/7 at both Border Crossing Points (BCPs). The overall cross-border traffic decreased at both BCPs.

OPERATIONAL REMARKS

The OM is currently operating with 19 permanent international staff members, including the Chief Observer (CO). The Mission is supported administratively by a Vienna-based staff member.

OBSERVATIONS AT THE BORDER CROSSING POINTS

Persons crossing the border

The profile of the people crossing the border can be categorized as follows:

  1. Adults travelling on foot or by car with little or no luggage;
  2. Persons in military-style outfits;
  3. Families (often including elderly people and/or children) travelling on foot or by car with a significant amount of luggage.

The average number of entries/exits decreased overall from 12,017 to 11,778[1] per day for both BCPs compared to last week. The average net flow for both BCPs went from plus 16 (i.e. more entries to the Russian Federation) to minus 95 (i.e. more exits from the Russian Federation).

The Donetsk BCP continued to experience more traffic than the Gukovo BCP. The cross-border movements registered at both BCPs accounted for just 35 per cent of all entries/exits in Rostov region.

Persons in military-style outfits

During the reporting period, the number of men and women in military-style outfits crossing the border in both directions increased from 80 last week to 85 this week at both BCPs; 49 of them crossed into the Russian Federation, while 36 of them crossed into Ukraine. Approximately 72 per cent of this category’s crossings occurred at the Donetsk BCP. Men and women continued to cross the border individually or in groups. Most individuals crossed by foot, however, some made use of private vehicles, buses or minivans, making it more difficult for the observer teams (OTs) to observe their movement across the border, especially since many of the private vehicles have tinted windows, and buses and minivans have drawn curtains.

Families with a significant amount of luggage

During the reporting period, the OTs observed families, often with elderly people and/or children, crossing at both BCPs with a significant amount of luggage or travelling in heavily loaded cars. Seven families were observed crossing into the Russian Federation while four were observed crossing into Ukraine.

Bus connections

Regular local and long-distance bus connections continued to operate between Ukraine (Luhansk region) and cities in the Russian Federation. In addition to regular bus connections, the OTs continued to observe bus connections on irregular routes. Often the buses do not state their route; instead they just have a sign on the windshield stating “Irregular”.

Among the bus connections observed by the OTs, the following “irregular” routes or destinations were noted: Luhansk-Sevastopol; Rovenki-Kyiv; Luhansk-Kyiv; Stakhanov-Gelendzhik; Kharkiv; and Sevastopol.

On some occasions, the OTs noticed the bus drivers removing the itinerary signs from the windshields of their buses. The majority of long-distance coaches commuting between Luhansk region and cities in the Russian Federation have licence plates issued in Luhansk region.

Trucks

The OM continued to observe trucks crossing the border in both directions and at both BCPs. Compared to the previous week, the number of trucks increased from 679 to 710; 391 of these trucks crossed to the Russian Federation and 319 crossed to Ukraine. Most of the trucks observed by the OTs were registered in Luhansk region.

Separately, the OTs also observed tanker trucks crossing the border in both directions. The number of tanker trucks decreased from 56 last week to 48 this week. These trucks were observed crossing the border at both BCPs. The trucks mainly had the words “Propane” and “Flammable” written across the tanks in either Russian or Ukrainian. The majority of tanker trucks have hazard signs, indicating that they are transporting propane or a mix of propane with butane.

All trucks undergo systematic inspection by Russian Federation officials, which may include an X-ray check. No X-ray checks could be observed at the Gukovo BCP since the OT has no view of the mobile X-ray unit, but it could be heard operating several times during the reporting period. One hundred and two X-ray checks were observed at the Donetsk BCP. Out of the 102 trucks scanned during the reporting period, 68 trucks (67 per cent) were bound for Ukraine; the remaining 34 trucks (33 per cent) crossed into the Russian Federation.

Minivans

The OM continued to observe passenger and cargo minivans[2] crossing the border in both directions and at both BCPs. The OTs observed minivans predominantly registered in Luhansk region; however, the OTs frequently saw minivans registered in the Russian Federation.

Compared to the previous week, the number of cargo minivans increased from 247 to 319; 138 crossed to the Russian Federation and 181 to Ukraine.

Trains

The OTs continued to pick up the sound of trains running on the train tracks located approximately 150 metres south-west of the Gukovo BCP. During the reporting week, the OTs heard trains on 21 occasions; the OTs estimated that fourteen trains were travelling to the Russian Federation and seven trains were bound for Ukraine. The OSCE Special Monitoring Mission to Ukraine was informed about the trains bound for Ukraine. Visual observation was not possible because of the line of trees located between the train tracks and the BCP and unfavourable light conditions.

Other observations

The majority of vehicles crossing the border have licence plates issued in Luhansk region or in the Russian Federation. On two separate occasions the OT also noticed cars with Hungarian and Belarusian plates.

The OTs continued to observe vehicles with Ukrainian licence plates, including articulated trucks with “LPR” or “Novorossiya” stickers, or in rare cases “DPR” stickers on their licence plates masking the Ukrainian flag.

During the reporting period the OTs observed ambulances on three occasions. The OTs on the spot could not confirm if there were persons requiring medical treatment on board.

On 28 July at 14:20 hrs the OT at Donetsk BCP noticed that the BCP was closed (fence doors were locked) and the lines were cleared from pedestrians and all the visible barriers were lowered. OT observed border guards walking up and down talking on the radios. At the same time one SUV (Ford), with Russian Federation registration plates with two persons in military style outfit inside, underwent an X-ray check. The SUV was entering the Russian Federation from Ukraine. After the X-ray check the Russian Federation customs officers performed a detailed check of the luggage inside the vehicle. At 14:50 hrs the BCP was opened again. Around 16:00 hrs the SUV left the BCP.

On 30 July at 16:00 hrs at the Donetsk BCP one minivan for funeral services crossed the border from the Russian Federation to Ukraine. The OT could not confirm if it had cargo or passengers.

For trends and figures at a glance covering the reporting period from 19 July to 26 July 2016 see the attachment here.

 

[1] Data received from Rostov region Border Guard Service.

[2] Cargo minivans: light commercial vehicles with a maximum authorized mass of more than 3.5 t and not more than 7.5 t; with or without a trailer with a maximum mass of less than 750 kg (small cargo vehicles which correspond to driving license C1).                             

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Upto 15,000 Flybuys Bonus Points + Upto $210 off Your First 5 Boxes When You Join QuiteLike

Found this offer in my Flybuys account, so you might be targeted.

3 recipes for 4 people weekly plan works out to be $5.4 for the first box.

QuiteLike is a subscription service like HelloFresh. So make sure to cancel the subscription after ordering your first box.

Collect up to 15,000 bonus points when you join QuiteLike.1

Cooking is rewarding in many ways, from the delight of creating delicious flavours to the joy of feeding loved ones. QuiteLike has partnered with Flybuys to make cooking even more rewarding.

Just activate this offer and order your first QuiteLike box by Tue 19 Nov 2024 to collect bonus points based on the value of your order.

Collect 5,000 bonus points for plans under $98 per week (excluding delivery).
Collect 7,500 bonus points for plans with a price of $98-$134 per week (excluding delivery).
Collect 15,000 bonus points for plans above $134 per week (excluding delivery).

Plus, save up to $210 off your first 5 boxes, use the discount code FLYBUYS at the QuiteLike checkout at quitelike.com.

Offer valid Wed 06 Nov until Tue 19 Nov 2024.
Offer redeemable once to new QuiteLike members only.
Flybuys number must be provided at the time of purchase.
QuiteLike is a weekly meal subscription service that remains effective until cancelled by you. Subscription may be paused or cancelled at any time. QuiteLike currently deliver to a range of suburbs in NSW, VIC, ACT and QLD.

Terms and Conditions
1 Collect up to 15,000 Flybuys bonus points when you purchase your first QuiteLike box
Offer available on your first order placed with QuiteLike between Wed 06 Nov to Tue 19 Nov 2024 (Offer Period). Offer valid for new, first time QuiteLike customers only. Bonus points are calculated as set out below depending on the value of your order. To collect points, enter your Flybuys number online at the checkout at the time of purchase or in your QuiteLike account profile before you place your order. Only one Flybuys account can be linked to each QuiteLike profile. To qualify for this offer you must be a Flybuys member, activate this offer and place your first order with Quitelike online at quitelike.com during the Offer Period. Offer is redeemable once per Flybuys account. QuiteLike may not be available in your area. QuiteLike currently deliver to a range of suburbs in NSW, VIC, ACT and QLD. You can check if QuiteLike can deliver to your area by entering your postcode at www.quitelike.com/plan. Bonus points will be awarded to your Flybuys account 28 business after purchasing your first QuiteLike box. You have been specifically selected for this offer and it is not transferable.

Bonus points are awarded based on the value of your first QuiteLike order:
For plans priced under $98 per week (excluding delivery), you will receive 5,000 Flybuys bonus points.
For plans with a price of $98-$134 (excluding delivery), you will receive 7,500 Flybuys bonus points.
For plans with a price of $134 and above (excluding delivery), you will receive 15,000 Flybuys bonus points.

Points are awarded based on meal kit plan size not the price at checkout. Offer valid with FLYBUYS discount promo code offer.

Terms and Conditions of QuiteLike apply and can be viewed at quitelike.com.
QuiteLike is a weekly subscription service that remains effective until cancelled by you. Subscription may be paused or cancelled at any time. QuiteLike currently deliver to a range of suburbs in NSW, VIC, ACT and QLD. You can check if QuiteLike can deliver to your area by entering your postcode at www.quitelike.com/plan.

To collect and redeem Flybuys points you must be a current Flybuys member. Flybuys' privacy policy applies. Standard Flybuys terms and conditions apply and are available at flybuys.com.au.
You have been specifically selected for this offer and it is not transferable.

The discount code (FLYBUYS) applies the following discount.
40% Off Box 1 + Free Delivery

35% Off Box 2
25% Off Box 3
20% Off Box 4
10% Off Box 5
It's really worth it only for Box 1. You get a progressively smaller discount and have to pay delivery fees on the next 4 Boxes.

3 recipes per week for 4 people seems to be the sweet spot as it makes the plan exactly $134. Pay $80.4 after applying the discount code (FLYBUYS) and collect 15,000 flybuys points equivalent to $75. Total out of pocket cost works out to be $80.4 - $75 = $5.4




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Hurricanes’ Jaylin Alderman, O.J. Frederique Jr. impressive despite disappointing loss

The Hurricanes' defense struggled in their loss to Georgia Tech, but linebacker Jaylin Alderman and cornerback O.J. Frederique Jr. were two bright spots.




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Stephen Colbert Reacts to Matt Gaetz and Tulsi Gabbard’s Cabinet Appointments: This Wasn’t the ‘Outrageous, Stupefying Story That I Thought I’d Be Leading’ With Tonight

Stephen Colbert spent the majority of his opening monologue on Wednesday night’s “Late Show” talking about President-elect Donald Trump’s Cabinet choices so far, including Rep. Matt Gaetz of Florida as attorney general and Tulsi Gabbard as director of national intelligence. “Almost eight years ago, we all saw [Trump] saunter down those Capitol steps, put his […]




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Slog AM: Dow Constantine Bows Out, Balducci Steps Up, Trump Appoints Fox News Host to Run Military

The Stranger's morning news round-up. by Nathalie Graham

Windy in Washington: High winds swept across the Olympic Peninsula overnight. The gustiest gales reached nearly 70 miles per hour in Hoquiam. Winds remain higher than normal and Washington State Ferries says it could impact ferry rides today. If anything, the ferry rides will be bumpier than normal.

Rain, rain, rain: Soggy conditions continue to saturate Seattle. Don't think about when you will see a clear day again—it's not worth it. 

Moderate to heavy rain will continue to move into the region this morning as a strong system moves across W WA. Have a morning commute? Best to slow down and give yourself a little extra time to get to your destination. Rain will transition to showers through the day. #wawx pic.twitter.com/k2PrlLJE5Z

— NWS Seattle (@NWSSeattle) November 13, 2024

Ashley's got some news you can use.

We’ll miss you, Dow: King County Executive Dow Constantine announced last night he would not seek a fifth term in 2025. It’s the end of an era for the county, which Constantine has helmed since 2010. During that time he’s championed funding transit, early childhood education, and housing. He also promised to end youth detention and close the child jail, which he’s kind of skipping out on. But all in all, Constantine pushed for pretty progressive policies and deserves a solid pat on the back for consistency and knowing that when you have power, you can just do stuff and make people accept the results. And you can get lots of haircuts. That’s cool, Constantine. Grab drinks with me and Hannah soon. 

But, onward: King County Council Member Claudia Balducci announced Wednesday she planned to run for Constantine’s seat. I rode around with Balducci ahead of her announcement on a little tour of everything she’s done for the Eastside, from her years as a Bellevue City Council Member to her time as Mayor and finally to her time on the King County Council. Balducci, a transit buff, plans to ride a train straight through King County’s glass ceiling and become the first woman to earn the title of King County Executive.

Thanks, Ashley! Back to the rest of the news.

Low voter turnout: Washington state had the lowest voter turnout this election since 2000. According to the Seattle Times, fewer than 78% of the state's registered voters cast a ballot. That's down significantly from the 84% of people who voted in 2020.

Kum & Go? More like Kum & Gone: The midwestern gas station chain is changing its name after 49 years of cum jokes.

Oh, we are so cooked: President-elect Donald Trump is in the midst of hand-picking his cabinet in a process that feels like the Avengers assembling except instead of superheroes these Avengers are the worst people you've ever heard of. On that list now is our new defense secretary. The person Trump picked to lead the world's biggest and most powerful military is, you guessed it, Fox News host Pete Hegseth. The move stunned the Pentagon. The Fox & Friends Weekend co-host is a National Guard officer. He is against "woke" diversity and inclusion programs, is skeptical about women in combat, and has spoken about pardoning war crimes. 

Trump apparently just named Fox News host Pete Hegseth his secretary of defense?

[image or embed]

— Parker Molloy (@parkermolloy.com) November 12, 2024 at 4:11 PM

Dog killer at the Department of Homeland Security (DHS): Trump picked South Dakota Gov. Kristi Noem, who infamously shot her dog instead of training it after it misbehaved, to lead the DHS. The role should be important in an administration that wants to conduct mass deportations and clamp down on border security. 

The Department of Government Efficiency: Trump announced the creation of a new government office designed to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies." Elon Musk and failed presidential candidate Vivek Ramaswamy will lead the office. During his campaign, Ramaswamy said he wanted to cut down on government spending and discussed eliminating the FBI, the Department of Education, and the Nuclear Regulatory Commission to do that. Musk, meanwhile, wants to just meme about it all. The acronym for the department is DOGE, Musk's favorite meme. Will the two be able to keep the posts despite clear conflicts of interest? We'll see. Please, someone stop the edge lords. 

wait why does the dept of government efficiency have two co-chairs

— Caitlin Gilbert (@caitlingilbert.bsky.social) November 12, 2024 at 6:15 PM

So much for justice: Special counsel Jack Smith, the guy in charge of the Justice Department cases against Trump, announced he will resign before the beginning of Trump's term. During his campaign, Trump promised to fire Smith within “two seconds” of taking office. Smith has two outstanding cases against Trump, and he plans to write a final report on both before stepping down.  

Hell is empty and the devils are here: A Michigan community theater put on a production of The Diary of Anne Frank. Several Nazis gathered outside waving swastika flags and shouting racist and antisemitic slurs.  

Something to listen to: A friend recently turned me onto this radio drama about a space mission. I've barely scratched the surface of the series, but so far it's a nice escape. 




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Somerset Reinsurance Appoints Riley LaTour

Somerset Reinsurance Ltd. — a provider of reinsurance solutions to the life insurance and annuity market — announced the appointment of Riley LaTour as Chief Risk Officer [CRO] with immediate effect. A spokesperson said, “Riley will be responsible for the firm’s risk management strategies and operations. Riley was most recently Head of Risk Analytics for Somerset […]




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Rep. Thomas Massie on Whether Gaetz Will Be Confirmed AG by Senate: 'Recess Appointments'

Rep. Thomas Massie (R-KY) responded to a question about whether he thinks Rep. Matt Gaetz (R-FL) would be confirmed by the Senate by pointing to "recess appointments."

The post Rep. Thomas Massie on Whether Gaetz Will Be Confirmed AG by Senate: ‘Recess Appointments’ appeared first on Breitbart.




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Denver’s “Pride of the Points” fire station added to National Register of Historic Places

Denver Fire Station No. 3 is the longest continually running firehouse in the city and, until 1957, was the city's only all-Black firehouse, according to History Colorado.




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Victor Wembanyama has career-high 50 points to help Spurs top Wizards, 139-130

Victor Wembanyama had a career-high 50 points and the San Antonio Spurs rolled to a 139-130 victory over the Washington Wizards on Wednesday night.




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SLASHERS: Donald Trump Appoints Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency

President-elect Donald Trump has appointed successful businessmen Elon Musk and Vivek Ramaswamy to help ferret out and identify budget items to cut to save the U.S. treasury money. Trump has created a new initiative that is being called the Department of Government Efficiency (DOGE) according to reports on Tuesday. “I am pleased to announce that […]

The post SLASHERS: Donald Trump Appoints Elon Musk, Vivek Ramaswamy to lead Department of Government Efficiency appeared first on The Lid.




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Wembanyama hits 50 points as Spurs beat Wizards

Victor Wembanyama scores a career-high 50 points as the San Antonio Spurs defeat the Washington Wizards.





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Harry Kane Disappointed By England Nations League Withdrawals

Harry Kane says he is disappointed by the high number of withdrawals from the England squad this week, insisting the national team must come first.




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Trump Tracker: Ex-Democrat Tulsi Gabbard Appointed US Intelligence Chief

Donald Trump is set to return to the White House after his victory over Kamala Harris in the November 5 US presidential elections. The 78-year-old leader Republican has secured all seven swing states.




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Vivek Ramaswamy's High School Graduation Speech Goes Viral Ahead Of 'DOGE' Appointment With Elon Musk

The viral video features young Vivek Ramaswamy, then an 18-year-old student at St Xavier High School, reflecting on his journey through high school.




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Trump Tracker: Ex-Democrat Tulsi Gabbard Appointed US Intelligence Chief

Donald Trump is set to return to the White House after his victory over Kamala Harris in the November 5 US presidential elections. The 78-year-old leader Republican has secured all seven swing states.




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Vivek Ramaswamy's Old Speech Goes Viral Ahead Of 'DOGE' Appointment

The viral video features young Vivek Ramaswamy, then an 18-year-old student at St Xavier High School, reflecting on his journey through high school.




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Gunmen kill two soldiers at Abia army checkpoint

Two soldiers were killed early Wednesday morning when gunmen attacked an army checkpoint at the Imo/Abia boundary community of Ekenobizi in Umuopara in Umuahia South Local Government Area of Abia State. A military officer who spoke to PUNCH Metro on condition of anonymity said the attack came at about 6.18 am from the gunmen who


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NNPCL appoints new EVPs, CFO

The Nigerian National Petroleum Company Limited has announced a reshuffling in key management positions to strengthen its operational efficiency and boost its competitive edge in the global oil and gas industry. A statement signed by the NNPCL spokesperson, Femi Soneye, on Wednesday, revealed that the board of directors had approved the replacement of Mr Umar


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Trump appoints Elon Musk to lead department of government efficiency

Donald Trump, US President-Elect, has appointed Elon Musk, chief executive officer (CEO) of Tesla and SpaceX, to lead a soon to be established Department of Government Efficiency (DOGE). Musk, was a staunch supporter of Trump during the electioneering leading up to the November 5 presidential election in which the former president defeated Vice-President Kamala Harris […]

The post Trump appoints Elon Musk to lead department of government efficiency first appeared on Business Hallmark.





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Kenya: Ruto Appoints Arita As New CBK Deputy Governor

[Capital FM] Nairobi -- President William Ruto has nominated Gerald Nyaoma Arita as the second Deputy Governor of the Central Bank of Kenya (CBK), succeeding Sheila M'mbijiwe, who retired in June.




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Stocks recover 131 points in mixed trade

KARACHI: The stock market bounced back on Wednesday as investors indulged in value-hunting, helping the benchmark KSE 100 index partially recover overnight losses.

Ali Najib, Head of Sales at Insight Securities, attributed the market’s positive performance to continued buying activity from high-net-worth individuals and mutual funds, supported by improvements on the macroeconomic front, a stable rupee, and a decline in bond market yields.

In early trade, the benchmark KSE-100 index lost 281.49 points to 92,943.59 but rebounded on renewed buying interest, adding 579.02 points to hit an all-time high at 93,803.59 intraday. How­ever, the index settled at 93,355.43 with a trimmed gain of 130.86 points or 0.14pc day-on-day.

Ahsan Mehanti of Arif Habib Corporation said stocks showed recovery led by second and third-tier scrips on strong valuations.

He added that upbeat data on car sales surging 112pc year-on-year in October and the FBR assurance to IMF for dropping contingency measures on revenue, reversing fears about mini-budget were other factors that supported the positive performance at PSX.

Topline Securities Ltd said the market exhibited a consolidation phase, with the index reaching a peak of 93,804 and dipping to a low of 92,943.

The index was boosted by positive contributions from Mari Petroleum, Lucky Cement, The Searle, Engro Corporation, and POL, which collectively added 461 points. Conv­ersely, Oil and Gas Dev­elop­ment Company, Fauji Fertiliser, and Meezan Bank experienced some profit-taking, resulting in a combined loss of 213 points to the index.

The trading volume was up 1.78pc to 807.06m shares, and its value by 2.92pc to Rs31.68.

Stocks contributing significantly to the traded volume included WorldCall Tele­com (43.29m shares), Waves Home Appliances (33.20m shares), Pakistan Refinery (31.52m shares), K-Electric (27.45m shares) and Pak Elektron (26.99m shares).

The shares registering the most significant incre­ases in their prices in absolute terms were Rafhan Maize (Rs64.96), Philip Morris (Rs38.17), Mari Pet­ro­leum (Rs30.13), Lucky Cement (Rs28.64) and Packages Ltd (Rs28.37).

Foreigners remained net sellers as they offloaded shares worth $5.01m.

Published in Dawn, November 14th, 2024




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Former Jets QB Boomer Esiason offers pointed advice to Sauce Gardner after social media dispute with fans

The Jets are in the midst of another disappointing season, but a former member of Gang Green is sharing some words of wisdom with the team’s standout cornerback.



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Trump's appointees have criticized Trudeau, warned of border issues with Canada

Donald Trump's second administration is filling up with some of his most loyal supporters and many of the people landing top jobs have been critical of Prime Minister Justin Trudeau and security at Canada's border.




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Trump appoints "The Great Elon Musk", Ramaswamy to head Dept of Government Efficiency

US President-elect Donald Trump appointedElon Musk and Vivek Ramaswamy to lead the new Department of Government Efficiency (DoGE).




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Sensex crashes 984 points; loses 1,795 points in 3 trading sessions

The Indian stock market closed on a bearish note on Wednesday with significant declines across major indices.




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Abhay Deol's surprising regret about Dev D: 'It became cool, but that wasn't the point'

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Legal battle over permanent English teacher appointments in high school continues

Govt cites financial problems; PSC rank-holders say posts are being created for other language subjects




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T.N. govt. to take a call on verifying criminal antecedents before appointing schoolteachers

It also assures Madras High Court of putting in place an effective complaint redressal mechanism in the interest of school students




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PAG report points out Andhra Pradesh govt.’s failure to disclose quantum of off-budget borrowings in Budget

Principal amount outstanding in 2019-20 was ₹67,171 crore, and it touched ₹1,54,797 crore in 2023-24, says the PAG report released by the I&PR Department




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Ganababu, Chiranjeevi Rao appointed Whips in Legislative Assembly and Council respectively




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Mid-day updates: Markets deepen losses as metals, auto stocks drag; Sensex down nearly 500 points 

The broader market reflected selling pressure, particularly in metal and automotive sectors, with Hindalco leading the decline at 3.67 per cent




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Markets tank on inflation worries, FII selling; Sensex drops 984 points 

The sell-off was broad-based, with mid and small-cap stocks bearing the brunt of the selling pressure




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Meet Tulsi Gabbard, Hindu American who is appointed by Donald Trump as US director of national intelligence

Gabbard, who has served in the Army National Guard for more than two decades, deploying to Iraq and Kuwait, would come to the role as somewhat of an outsider, compared to her predecessor.