The Colombo Stock Exchange (CSE) has announced the following changes to the S&P Sri Lanka 20 index constituents as part of the 2024 Year-End Rebalance, conducted by S&P Dow Jones Indices. The exclusions and inclusions, as announced by S&P Dow Jones Indices, will take effect from 23rd December 2024, following the market close on 20th December 2024. Details are as follows: Exclusions: CIC Holdings PLC. Inclusions: Ceylon Cold Stores PLC, Commercial Bank of Ceylon PLC, Hatton National Bank PLC. The S&P SL 20 index includes the 20 largest companies, by total market capitalization, listed on the CSE that meet minimum size, liquidity and financial viability thresholds. The constituents are weighted by float-adjusted market capitalization, subject to a single stock cap of 15%, which is employed to reduce single stock concentration. The S&P SL 20 index has been designed in accordance with international practices and standards. All stocks are classified according to the Global Industry Classification Standard (GICS®), which was co-developed by S&P Dow Jones Indices and MCSI and is widely used by market participants throughout the world. To be eligible for inclusion, a stock must have a minimum float-adjusted market capitalization of 500 million Sri Lankan rupees (Rs), a six-month median daily value traded of Rs 0.25 million and have positive net income over the 12 months prior to the rebalancing reference date. For information, including the complete methodology, please visit: S&P Sri Lanka 20 in alphabetical order are as follows. Ceylon Cold Stores PLC, Chevron Lubricants Lanka PLC, Commercial Bank of Ceylon, DFCC Bank DFCC, Dialog Axiata PLC, Distilleries Company of Sri Lanka PLC, Hatton National Bank PLC, Hayleys PLC, Hemas Holdings PLC, John Keells Holdings PLC, Lanka IOC PLC, LB Finance, LOLC Finance PLC, LOLC Holdings PLC, Melstacorp PLC, National Development Bank PLC, Nations Trust Bank PLC, Royal Ceramics Lanka PLC, Sampath Bank PLC, Vallibel One PLC.In a bizarre incident, two men were injured when a container truck reportedly dragged them for about 400 metres after striking their motorcycle, in Agra on Sunday night. A video purportedly of the incident, which was widely shared on social media, shows the duo hanging by the front licence plate and bumper of the truck even as the driver recklessly continues to drive. Also, he pays no heed to the shouts of both the men and other commuters. Their motorcycle was also dragged with them. As the vehicle gradually slowed and stopped, the driver was thrashed by the people around. Said to be inebriated when caught, he was later arrested and the injured were hospitalised. The incident took place near Ram Bagh crossing across the Yamuna within the limits of Chatta police station in Agra. Assistant commissioner of police (ACP-Chatta Circle) Hemant Kumar confirmed that the video was of the Trans Yamuna area in Agra and when the truck driver recklessly hit the motorcycle. “The driver of the container has been arrested and a case registered was against him. The injured motorcycle driver and passenger were hospitalised and their treatment is underway,” he added. While the truck driver was identified as one Deepak from Firozabad, Zakir and Rabbi, both from Agra, were on the bike.
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In a stunning revelation, Brazil's Federal Police have implicated former President Jair Bolsonaro in an alleged coup plot following his 2022 electoral defeat. The 900-page report released to the Supreme Court accuses Bolsonaro and 36 accomplices of conspiring to overturn the election results. Despite these serious allegations, Bolsonaro maintains his innocence, denying any awareness or involvement in schemes to retain power unlawfully. The situation has sparked intense debate and scrutiny in Brazil's political landscape. Authorities have intensified their investigation, which could have significant ramifications for Bolsonaro and his political allies, while raising concerns about democratic stability in Brazil. (With inputs from agencies.)Trump brings back government by social mediaDaily Post Nigeria Sarkin Kano ya nemi a kawo karshen fadan daba Home News Politics Metro Entertainment Sport Hausa Sarkin Kano ya nemi a kawo karshen fadan daba Published on December 23, 2024 By Kabeer Bello Mai martaba sarkin kano Muhammadu Sunusi na yayi kira da al’ummar unguwannin yakasai kofar mata zango rimi zage da kuma dirimin iya domin yanda za’a magance matsalar fadan daba da yake damun al’ummar yankunan cikin birnin. sarkin ya bayyana haka ne ta bakin Dan goriban kano Alhaji Abubakar Sule Gaya Wanda ya gudana a masallacin Malam Tijjani dake unguwar zango. Dan goriban Kano Alhaji Abubakar Sule Gaya yace Mai martaba sarki ya damu sosai kan yanda ake yawan samun fadan daba a tsakankanin yankunan nan. A nasa jawabin limamin masallacin kofar mata Sheikh Muhammad Adam yace zaman lafiya yafi komai a wajen al’umma musamman wannan yanayi da muka shiga na samun matasa suna kashe junansu ya kuma kira da gwamnatin jihar Kano data samarwa matasan aikin yi. Taron kwamitin fadan daba ya samu halartar Ajiyan Kano Alhaji Jafar Muhammad Shanono Dan dakan Kano da sauran manyan hakiman Mai martaba sarki. Related Topics: Fadan daba Jihar Kano Muhammadu Sanusi Don't Miss Gwamnatin Kano ta gana da jagororin yan daba You may like Gwamnatin Kano ta gana da jagororin yan daba Mutane biyu sun muta a hatsarin mota a jihar Kano Jihar Kano ta yi zarra a gasar Noma ta kasa ta 2024 Sabon kwamishinan ilimi na Kano ya kama aiki Gwamnatin Kano ta ware wa ma’aikatar jin kai biliyan uku Ba zamu lamunci karkatar da kudin al’umma ba – Majalisar dokokin Kano Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd
This is my first Christmas since my husband's death. One very bittersweet moment awaits1 Monster Stock That Turned $10,000 Into $333 MillionTrump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office NEW YORK (AP) — President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs. He said he would impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China as one of his first executive orders. The tariffs, if implemented, could dramatically raise prices for American consumers on everything from gas to automobiles to agricultural products. The U.S. is the largest importer of goods in the world, with Mexico, China and Canada its top three suppliers. Trump’s latest tariff plan aims at multiple countries. What does it mean for the US? WASHINGTON (AP) — President-elect Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. On Monday, Trump sent shockwaves across the nation’s northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as part of his effort to crack down on illegal immigration and drugs. Trump said he will impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one of his first executive orders. Canadian officials blast Trump's tariff threat and one calls Mexico comparison an insult TORONTO (AP) — Some Canadian officials have blasted President-elect Donald’s Trump’s threat to impose sweeping tariffs. The leader of Canada's most populous province on Tuesday called Trump’s comparison of Canada to Mexico “the most insulting thing I’ve ever heard.” Trump has threatened to impose tariffs on products from Canada, Mexico and China as soon as he takes office in January as part of efforts to crack down on illegal immigration and drugs. He said he would impose a 25% tax on all products entering the U.S. from Canada and Mexico. Canadians say their economy and the U.S. one are deeply intertwined and Americans would feel tariffs, too. Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans WASHINGTON (AP) — Millions of obese Americans would be eligible to have popular weight-loss drugs like Wegovy or Zepbound covered by Medicare or Medicaid under a new rule the Biden administration proposed Tuesday morning. The proposal, which would not be finalized until after President-elect Donald Trump takes office, could cost taxpayers as much as $35 billion over the next decade. It would give millions of people access to weekly injectables that have helped people shed pounds so quickly that some people have labeled them miracle drugs. Stock market today: Wall Street hangs near its records despite tariff talk NEW YORK (AP) — U.S. stocks are hanging near their records on Tuesday as Wall Street takes Donald Trump’s latest talk about tariffs in stride. The S&P 500 rose 0.4% in Tuesday afternoon trading and was on track to top its all-time high set a couple weeks ago. The Dow Jones Industrial Average lost 49 points from its own record set the day before, while the Nasdaq composite rose 0.6%. Stock markets abroad were down, but mostly only modestly, after President-elect Trump said he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Treasury yields rose modestly in the bond market. What Black Friday's history tells us about holiday shopping in 2024 NEW YORK (AP) — The holiday shopping season is about to reach full speed with Black Friday, which kicks off the post-Thanksgiving retail rush later this week. The annual sales event no longer creates the midnight mall crowds or doorbuster mayhem of recent decades, in large part due to the ease of online shopping and habits forged during the COVID-19 pandemic. Hoping to entice equivocating consumers, retailers already have spent weeks bombarding customers with ads and early offers. Still, whether visiting stores or clicking on countless emails promising huge savings, tens of millions of U.S. shoppers are expected to spend money on Black Friday itself this year. Biden administration to loan $6.6B to EV maker Rivian to build Georgia factory that automaker paused ATLANTA (AP) — President Joe Biden’s administration will loan $6.6 billion to electric vehicle maker Rivian Automotive to build a Georgia factory. The announcement Tuesday comes less than two months before Donald Trump becomes president again. It’s unclear whether the Biden administration can complete the loan in that time, or whether the Trump administration might try to claw the money back. Rivian announced a $5 billion Georgia factory in 2021. But the startup automaker couldn't meet production targets and rapidly burned through cash. The company paused construction of the Georgia plant in March. The company now says its plans for producing electric vehicles in Georgia are back on. US consumer confidence ticks higher on better outlook for hiring WASHINGTON (AP) — Americans’ outlook on the economy improved modestly in November, lifted by expectations for lower inflation and more hiring. The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked up to 111.7 from 109.6 in October. The small uptick followed a large gain in October. Small business owners breathe easier over labor costs after decision to strike down overtime rule Small business owners have had a mostly positive reaction to a judge’s decision to strike down an overtime rule that would have qualified more workers for overtime pay. On Nov. 15, a federal judge in Texas blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. Nearly all hourly workers in the U.S. are entitled to overtime pay after 40 hours a week. But many salaried workers are exempt from that requirement — unless they earn below a certain level. Will Trump's return lead to a new wave of bestselling books? NEW YORK (AP) — Donald Trump is coming back to the White House, but don't expect another “Fire and Fury,” or much fire and fury in book publishing in general. Authors and publishers doubt that the reading public will snap up Trump-related works in the same way it did the first time around. Among the skeptics is Mary Trump. As Donald Trump's niece and author of the bestselling takedown “Too Much and Never Enough” told The Associated Press in a recent interview, “What else is there to learn?” Bob Woodward has written several Trump-related books and now wonders what he's to write about next.
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Games to snuggle up with this holiday seasonNew Gaming Currency? Look to Tesla StockE-bike Market size to increase by USD 16.48 Billion between 2023 to 2028, Market Segmentation by Battery Type, Propulsion, Geography , Technavio
FY 2024 REVENUE INCREASED 125% TO A RECORD $3.3 MILLION FY 2024 REACH OPERATIONAL PROFITABILITY NET INCOME TO A RECORD $0.54 MILLION GUIDES FY 2025 REVENUE GROWTH OF APPROX. 150%; EPS RANGE OF $0.001 TO $0.002 ANNOUNCES INCREASE TO PREVIOUSLY COMMUNICATED SHARE REPURCHASE GOAL, TO REPURCHASE $5 MILLION OF SHARES BY YEAR END 2025 NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTC: ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces financial and operating results for the year ended August 31, 2024. The audited financial results have been filed in a 10-K with the U.S. Securities and Exchange Commission (the "SEC"). The Company also provided its financial outlook for the fiscal year ending August 31, 2025. “ABQQ achieved record results during fiscal year 2024, as we delivered revenue growth of 125% and reached profit net income $542,331, reflecting a continued dedication to maintain exceptional levels of profitability as our business scale,” said Chiyuan Deng, President and Chief Executive Officer. “Movie License and NFT MMM IP License built up two of the most admired and well-positioned business in the marketplace, each with a robust innovation product pipeline designed to win with global consumers. Looking forward, our talented teams are highly motivated to continue driving towards the long-term opportunities of these iconic businesses.” Key Financial Highlights: Revenues for the year ended August 31, 2024, increased 125% to $3,300,467, as compared to $1,473,222 for fiscal 2023. Operating expenses were $2,813,563 for the year ended August 31, 2024, compared to $5,030,354 for fiscal 2023. We experienced a decrease in theatre operating costs in fiscal 2024 compared to fiscal 2023, mainly due to the decrease in admission revenues and the decrease in movie exhibition costs as a percentage of admission revenue. We incurred a net income of $542,331 for the year ended August 31, 2024, as compared with a net loss of $3,566,710 for fiscal 2023. As of August 31, 2024.Total Stockholders’ Equity $1,459,902, as compared to $890,988 in Fiscal 2023. During fiscal year 2024, the Company repurchased approximately 285 million shares of its common stock for a total of $50,699 at a weighted average price paid per share of $0.00018. Full Fiscal Year 2025 Outlook for the Twelve-Month Period Ending August 31, 2025 The Company's full fiscal year 2025 outlook is forward-looking in nature, reflecting our expectations as of November 26, 2024, and is subject to significant risks and uncertainties that limit our ability to accurately forecast results. This outlook assumes no meaningful changes to the Company's business prospects or risks and uncertainties identified by management that could impact future results, which include but are not limited to changes in economic conditions, including consumer confidence and discretionary spending, inflationary pressures, and foreign currency fluctuation; geopolitical tensions; and supply chain disruptions, constraints and related expenses. Revenues are expected to increase approximately 150% to $8.25 million. Gross margin is expected to be approximately 60.5%. Diluted earnings per share are expected to be in the range of $0.001 to $0.002. About AB International Group Corp. AB International Group Corp. is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property. We are engaged in acquisition and distribution of movies. The company owns the IP of the NFT movie and music marketplace (NFT MMM) as the unique entertainment industry Non-Fungible Token. The Company operates AB Cinemas, physical movie theaters currently in NY with plans to expand nationwide ( www.abcinemasny.com ). The company also owns ABQQ.TV which is a movie and TV show online streaming platform. ABQQ TV generates revenue through a hybrid subscription model and advertising model like other online streaming platforms. For additional information, visit www.abqqs.com , www.abcinemasny.com , https://stareastnet.io/ and www.ABQQ.tv . Forward-Looking Statements This press release contains “forward-looking statements” that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements relating to changes to the Company’s management team and statements relating to the Company’s transformation, financial and operational performance including the acceleration of revenue and margins, and the Company’s overall strategy. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the possibility of business disruption, competitive uncertainties, and general economic and business conditions in AB International Group markets as well as the other risks detailed in company filings with the Securities and Exchange Commission. AB International Group undertakes no obligation to update any statements in this press release for changes that happen after the date of this release. Investor Relations Contact: Charles Tang (852) 2622 2891 corp@abqqs.com Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/8ba28f62-fe9e-45be-89c9-c8c7a2fa9707 https://www.globenewswire.com/NewsRoom/AttachmentNg/d08431cf-b411-4d9f-80d4-ca34f1320c5f
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