www jili 188 29 com US budget airlines are struggling. Will pursuing premium passengers solve their problems? DALLAS (AP) — Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers. That is squeezing smaller low-fare carriers like Spirit Airlines, which filed for bankruptcy protection on Monday. Some travel industry experts think Spirit’s troubles indicate less-wealthy passengers will have fewer choices and higher prices. Other discount airlines are on better financial footing but also are lagging far behind the full-service airlines when it comes to recovering from the COVID-19 pandemic. Most industry experts think Frontier and other so-called ultra-low-cost carriers will fill the vacuum if Spirit shrinks, and that there's still plenty of competition to prevent prices from spiking. Bitcoin ticks closer to $100,000 in extended surge following US elections NEW YORK (AP) — Bitcoin is jumping again, setting another new high above $99,000 overnight. The cryptocurrency has been shattering records almost daily since the U.S. presidential election, and has rocketed more than 40% higher in just two weeks. It's now at the doorstep of $100,000. Cryptocurrencies and related investments like crypto exchange-traded funds have rallied because the incoming Trump administration is expected to be more “crypto-friendly.” Still, as with everything in the volatile cryptoverse, the future is hard to predict. And while some are bullish, other experts continue to warn of investment risks. Stock market today: Wall Street gains ground as it heads for a winning week Stocks gained ground on Wall Street, keeping the market on track for its fifth gain in a row. The S&P 500 was up 0.2% in afternoon trading Friday. The Dow Jones Industrial Average climbed 333 points and the Nasdaq composite was essentially flat. Retailers had some of the biggest gains. Gap soared after reporting quarterly results that easily beat analysts' estimates. EchoStar fell after DirecTV called of its purchase of that company's Dish Network unit. European markets closed mostly higher and Asian markets ended mixed. Treasury yields held relatively steady in the bond market. Crude oil prices gained ground. Australia rejects Elon Musk's claim that it plans to control access to the internet MELBOURNE, Australia (AP) — An Australian Cabinet minister has rejected X Corp. owner Elon Musk’s allegation that the government intends to control all Australians' access to the internet through legislation that would ban young children from social media. Treasurer Jim Chalmers said on Friday that Musk’s criticism was “unsurprising” after the government introduced legislation to Parliament that would fine platforms including X up to $133 million for allowing children under 16 to hold social media accounts. The spat continues months of open hostility between the Australian government and the tech billionaire over regulators’ efforts to reduce public harm from social media. Parliament could pass the legislation as soon as next week. Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations LOS ANGELES (AP) — Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California. The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease. The U.S. Department of Justice announced the indictment on Thursday. Phillips is charged with two counts of negligently violating the Clean Water Act and four counts of knowingly violating the Clean Water Act. An arraignment date has not been set. A spokesperson for the company said it was cooperating with prosecutors. US regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment U.S. regulators want a federal judge to break up Google to prevent the company from continuing to squash competition through its dominant search engine after a court found it had maintained an abusive monopoly over the past decade. The proposed breakup floated in a 23-page document filed late Wednesday by the U.S. Justice Department calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent Android from favoring its search engine. Regulators also want to ban Google from forging multibillion-dollar deals to lock in its dominant search engine as the default option on Apple’s iPhone and other devices. What you need to know about the proposed measures designed to curb Google's search monopoly U.S. regulators are proposing aggressive measures to restore competition to the online search market after a federal judge ruled that Google maintained an illegal monopoly. The sweeping set of recommendations filed late Wednesday could radically alter Google’s business. Regulators want Google to sell off its industry-leading Chrome web browser. They outlined a range of behavioral measures such as prohibiting Google from using search results to favor its own services such as YouTube, and forcing it to license search index data to its rivals. They're not going as far as to demand Google spin off Android, but are leaving that door open if the remedies don't work. Apple and Google face UK investigation into mobile browser dominance LONDON (AP) — A British watchdog says Apple and Google aren't giving consumers a genuine choice of mobile web browsers. The watchdog's report Friday recommends they face an investigation under new U.K. digital rules taking effect next year. The Competition and Markets Authority took aim at Apple, saying the iPhone maker’s tactics hold back innovation by stopping rivals from giving users new features like faster webpage loading. The CMA’s report also found that Apple and Google manipulate the choices given to mobile phone users to make their own browsers “the clearest or easiest option.” Apple said it disagreed with the findings. Atlantic City casino earnings fall nearly 14% in 3rd quarter ATLANTIC CITY, N.J. (AP) — Atlantic City’s casinos saw their operating profits decline by nearly 14% in the third quarter of this year. New Jersey gambling regulators say the nine casinos had a collective gross operating profit of $236.5 million in the third quarter. That was down 13.8% from the third quarter of 2023. Every casino was profitable, but only two — Caesars and Hard Rock — saw their profits increase in the third quarter compared with a year ago. Hard Rock had the highest average hotel occupancy at over 95%, and Ocean had the highest average hotel room price at $335. German auto supplier Bosch to cut 5,500 jobs in further sign of carmakers' woes FRANKFURT, Germany (AP) — Germany's technology and services company Bosch is cutting its automotive division workforce by as many as 5,500 jobs in the next several years, in another sign of the headwinds hitting the German and global auto industries. The company cited stagnating global auto sales, too much factory capacity in the auto industry compared to sales prospects and a slower than expected transition to electric-powered, software-controlled vehicles. Some 3,500 of the job reductions would come before the end of 2027 and would hit the part of the company that develops driver assistance and automated driving technologies. About half those job reductions would be at locations in Germany.

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The world approved a bitterly negotiated climate deal Sunday committing wealthy historic polluters to $300 billion annually for poor and vulnerable nations that had demanded far more to confront the crisis of global warming. After two exhaustive weeks of chaotic bargaining and sleepless nights, nearly 200 nations banged through the contentious finance pact in the early hours beneath a sports stadium roof in Azerbaijan. Nations had struggled to reconcile long-standing divisions over climate finance. Sleep-deprived diplomats, huddled in anxious groups, were still revising the final phrasing on the plenary floor before the deal passed. At points, the talks appeared on the brink of collapse, with developing nations storming out of meetings and threatening to walk away should rich nations not cough up more cash. In the end -- despite repeating that no deal is better than a bad deal -- they did not stand in the way of an agreement, despite it falling well short of what they want. The final deal commits developed nations to pay at least $300 billion a year by 2035 to help developed countries green their economies and prepare for worse disasters. That is up from $100 billion now provided by wealthy nations under a commitment set to expire -- and from the $250 billion proposed in a draft Friday. That offer was slammed as offensively low by developing countries, which have demanded at least $500 billion to build resilience against climate change and cut emissions. More from this section A number of countries have accused Azerbaijan, an authoritarian oil and gas exporter, of lacking the experience and will to meet the moment, as the planet again sets temperature records and faces rising deadly disasters. Wealthy countries and small island nations have also been concerned by efforts led by Saudi Arabia to water down calls from last year's summit to phase out fossil fuels. The United States and EU have wanted newly wealthy emerging economies like China -- the world's largest emitter -- to chip in. The final draft encouraged developing countries to make contributions on a voluntary basis, reflecting no change for China which already pays climate finance on its own terms. Wealthy nations said it was politically unrealistic to expect more in direct government funding. Donald Trump, a sceptic of both climate change and foreign assistance, returns to the White House in January and a number of other Western countries have seen right-wing backlashes against the green agenda. The deal posits a larger overall target of $1.3 trillion per year to cope with rising temperatures and disasters, but most would come from private sources. bur-np-sct/lth/jjNew York, NY, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Globalink Investment Inc. (Nasdaq: GLLI, GLLIW, GLLIR, GLLIU) (“ Globalink ” or the “ Company ”), a special purpose acquisition company, announced today that its stockholders approved amendments to its charter and trust agreement to extend the deadline to complete its initial business combination and change the structure and cost of such extensions. Under the amended charter, Globalink may extend the deadline to complete its initial business combination by up to six (6) monthly extensions, from December 9, 2024 to June 9, 2025 by depositing $60,000 into its trust account (the “ Trust Account ”) with Continental Stock Transfer and Trust Company (“ Continental ”). Globalink’s stockholders, at a special meeting of its stockholders held on December 3, 2024, approved an amendment to Globalink’s Amended and Restated Certificate of Incorporation, as amended (the “ Charter Amendment ”), and Globalink’s Investment Management Trust Agreement, as amended, originally entered into on December 6, 2021 with Continental (the “ Trust Agreement Amendment ”) to extend the deadline to complete Globalink’s initial business combination from December 9, 2024 to up to June 9, 2025 for up to six times of monthly extensions, by depositing into the Trust Account $60,000 prior to each one-month extension. The Charter Amendment triggered a right of Globalink’s public stockholders to demand the redemption of their public shares out of funds held in the Trust Account. Holders of 2,285,056 public shares properly requested redemption leaving 277,511 public shares outstanding. After payment of the redemption price to the redeeming public shareholders of approximately $11.77 per share for an aggregate of $26.89 million, Globalink will have approximately $3.27 million left in its Trust Account. As a consequence of the adoption of the Charter Amendment and the Trust Agreement Amendment and the redemptions, Globalink can now obtain up to six monthly extensions, or up until June 9, 2025, to complete its initial business combination at a cost of $60,000 per extension. About Globalink Investment Inc. Globalink is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Although there is no restriction or limitation on what industry or geographic region, Globalink intends to pursue targets in North America, Europe, South East Asia, and Asia (excluding China, Hong Kong and Macau) in the technology industry, specifically within the medical technology and green energy sectors. Cautionary Statement Regarding Forward-Looking Statements Certain statements in this press release are “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created thereby. In some cases, forward-looking statements can be identified by terminology such as “may,” “will,” “could,” “would,” “should,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “predict,” “potential,” “outlook,” “guidance” or the negative of those terms or other comparable terminology. These statements are based on the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause future events to differ materially from those in the forward-looking statements, many of which are outside of the Company’s control. These factors include, but are not limited to, a variety of risk factors affecting the Company’s business and prospects, see the section titled “Risk Factors” in the Company’s Prospectus filed with the SEC on December 6, 2021 and subsequent reports filed with the SEC, as amended from time to time. Any forward-looking statements are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Globalink Contact: Say Leong Lim Globalink Investment Inc. Telephone: +6012 405 0015 Email: sllim@globalinkinvestment.comNone

Morning Briefing: Dec. 13, 2024None

Arsenal ended Manchester United’s unbeaten run under coach Rúben Amorim with a commanding 2-0 victory. The Gunners showcased a dominant performance, securing crucial goals to silence the Red Devils and maintain their momentum in the Premier League title race. Goals from Jurrien Timber and William Saliba gave Arsenal victory at the Emirates on Wednesday night. 500th Emirates Game Arsenal marked their 500th competitive men’s game at the Emirates Stadium with a historic 2-0 win over Manchester United, securing their fourth consecutive victory over the Red Devils for the first time ever. Goals from Jurrien Timber and William Saliba, both stemming from set-piece situations, delivered the crucial points that cut the gap at the top of the Premier League table to just seven points. Cagey First Half The atmosphere was electric as fans reminisced about previous iconic encounters against Manchester United, such as last season’s stoppage-time triumph and Thierry Henry’s late heroics. However, this time, there was no need for late drama. Ruben Amorim’s revamped United side initially frustrated the Gunners. Early signs of promise came when Kai Havertz set up Gabriel Martinelli to score, only for the goal to be ruled offside. Thomas Partey also squandered a golden chance from a Declan Rice corner, while Oleksandr Zinchenko and Martinelli saw efforts blocked or narrowly miss the target. Manchester United, struggling on the road with just one win in their last eight away games, offered little in attack. Their best chance of the half came in the 41st minute when Diogo Dalot’s shot flashed across the face of goal, leaving Arsenal hearts briefly in their mouths. Related News United drop Osimhen interest, Amorim prefers Boniface EPL: Luke Shaw devastated by injury setback, vows to return stronger FA Cup: Arsenal to face Man Utd, Chelsea take on Morecambe Timber Breaks Deadlock The second half saw Arsenal come out with renewed purpose, and it took just eight minutes to break the deadlock. Declan Rice delivered a wicked corner to the near post, and Jurrien Timber timed his run perfectly to glance the ball past Bruno Fernandes and Rasmus Hojlund, netting his first goal for the Gunners. Moments later, Rice nearly forced an own goal from Joshua Kirkzee, but United were spared by Manuel Ugarte, who cleared the ball off the line. Saliba Seals Victory With Manchester United pressing for an equalizer, David Raya showcased his goalkeeping prowess with a stunning save to deny Matthijs de Ligt’s header destined for the top corner. That save proved pivotal as Arsenal doubled their lead just five minutes later. Bukayo Saka delivered a pinpoint corner to the back post, where Partey headed it back into the danger zone. The ball ricocheted off William Saliba’s back and into the net, giving Arsenal a comfortable two-goal cushion. The Gunners continued to press for a third, with Kai Havertz going one-on-one with Andre Onana only to see his effort deflected wide. Mikel Merino also came close to adding to United’s misery but missed by mere inches. A Perfect Celebration As the final whistle blew, Arsenal fans erupted in celebration, not only for the victory but also for the milestone of 500 games at their iconic stadium. The win marked the perfect conclusion to a historic chapter at the Emirates, with Manchester United leaving empty-handed for the fourth consecutive visit. What’s Next for Arsenal? The Gunners will look to maintain their momentum when they face Fulham at Craven Cottage on Sunday. Following that, they return to Champions League action against Monaco on December 11, before hosting Everton at the Emirates on December 14. With four consecutive wins and a top-four spot within reach, Arsenal’s season is gaining momentum at just the right time.

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