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A minimum of 13 dead in 2 crowd crushes in Nigeria
A minimum of 13 individuals died in two events in Nigeria on Saturday as crowds, mainly females and children, rushed for charity, police authorities said. In the state capital Abuja, a minimum of 10 individuals died and many more were hurt in a scramble to receive gifts of charity being dispersed by the Holy Trinity Catholic Church in Maitama district. This regrettable event, which occurred around 6:30 a.m., led to a stampede that declared the lives of 10 people, consisting of four kids, and left 8 others with differing degrees of injuries, said Josephine Adeh, a cops representative. In Okija in Anambra state, southeastern Nigeria, a crowd crush occurred after a member of the community provided presents including rice, grease and cash. State police stated 3 people were verified dead however eyewitnesses and Amnesty International Nigeria put the death toll at 20 with more injured. In both incidents, the victims were mostly women and kids who were trampled as crowds tried to reach the provisions being offered. On Thursday, a minimum of 32 individuals passed away in a similar event at an Islamic high school in Ibadan, the capital of Nigeria's. southwest Oyo state. Africa's most populous nation faces its worst. cost-of-living crisis in years as reforms presented by. President Bola Tinubu have actually slashed subsidies for electrical power and. fuel while a decline has actually worn down the value of the currency. Inflation in November rose to 34.60% in annual terms. from 33.88% in October, marking a third consecutive. month-to-month increase. Amnesty International Nigeria in a declaration on Saturday. stated that for lots of Nigerians having regular rice in the house is. developing into a luxury. The London-based human rights group prompted authorities to. immediately, thoroughly, independently, and transparently. examine how these charity events came down into disaster.
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Patrik Laine, Habs shoot for home-and-home sweep of Wings
Patrik Laine has actually been mighty productive, particularly on the power play, given that signing up with the Montreal Canadiens. He likewise stays especially effective versus the Detroit Red Wings throughout his career. After notching the game-winner at Detroit on Friday, Laine seeks to stay hot and help the host Canadiens sweep a back-to-back set versus the Red Wings on Saturday night. Laine, obtained by the Canadiens from the Columbus Blue Jackets in an August trade, missed Montreal's first 24 video games due to a knee injury. However, in eight games since making his Canadiens debut Dec. 3, he has totaled 7 goals-- remarkably, all on the power play. In truth, all of Montreal's power-play goals, in 25 opportunities given that Dec. 3, have been scored by Laine. His newest objective featured 7:58 left in regulation on Friday and offered the Canadiens a 4-3 lead. That margin stood, and Montreal has actually now published back-to-back triumphes following a 1-3-0 stretch. Him scoring objectives and assisting the group win on the power play is big, Montreal coach Martin St. Louis stated. It's a big part of when your special groups are running good. The Canadiens, who are in the middle of a 6-3-1 stretch in your home, made simply their fourth road win of the season, tied for 2nd least in the NHL. A really good one for us, and turn the page for (Saturday), Montreal defenseman Kaiden Guhle said. Laine, who has actually scored four goals in the past two contests, has 11 goals (2. on the power play) plus 8 assists in 21 career video games vs. the Reds Wings. Detroit gets in the back end of the home-and-home amid a 3-5-2 stretch. On Friday, goals from Patrick Kane, Joe Veleno and Tyler Motte had the Red. Wings up 3-2 early in the 3rd duration. However, they might not hold that. benefit in their bid for a third consecutive success. Perhaps fortunately for Detroit is that it does not have long to wait for a. chance to avenge the defeat. That's the very best part about it, said Red Wings star Dylan Larkin, who was. blanked Friday after totaling six points, all assists, in the previous five. games. We've just got to capitalize on our opportunities and play with a little bit more. intensity. Reduce our errors. Kane has two objectives with 2 helps in the past three games after going nine. directly without a point. On the other hand, teammate Michael Rasmussen had two. assists Friday, and he has 4 points in the previous three video games. Detroit goalie Cam Talbot was credited with 29 saves on Friday, and he has actually a. 3.89 goals-against average during his current 0-3-1 stretch. Alex Lyon could get the start in the back-to-back situation after he enabled. four objectives on 19 shots dealt with throughout a 6-4 loss to the Philadelphia Flyers on. Wednesday in his return from missing nine games with a lower-body injury. Montreal's Sam Montembeault (2.93 GAA) made 25 conserves to win his second. straight begin on Friday, and it's possible he could be in net once again on. Saturday. Canadiens backup Cayden Primeau has actually allowed 11 objectives on 60 shot. attempts in his past 3 outings-- two of which were starts. Teammate Jake Evans, who scored a short-handed objective in his 300th profession NHL. video game on Friday, and has four points in the past four contests. -- Field Level Media
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France adds first atomic power plant in 25 years to grid
France connected the Flamanville 3 atomic power plant to its grid on Saturday morning, staterun operator EDF stated, in the first addition to the country's nuclear power network in 25 years. The reactor, which began running in September ahead of the grid connection, is going online 12 years behind originally prepared and at an expense of around 13 billion euros - four times the original budget. EDF groups have attained the very first connection of the Flamanville EPR to the nationwide grid at 11:48 am (1048 GMT). The reactor is now creating electrical energy, EDF stated in a statement. The Flamanville 3 European Pressurised Reactor is France's. biggest at 1.6 gigawatts (GW) and among the world's greatest,. together with China's 1.75 GW Taishan reactor, which is based on a. similar style, and Finland's Olkiluoto. It is the very first to be connected to the grid because Civaux 2. in 1999 however is being brought into service at a time of sluggish. consumption, with France exporting a record amount of. electrical power this year. EDF is planning to construct another 6 new reactors to fulfil. a 2022 pledge made by President Emmanuel Macron as part of the. nation's energy shift plans, although concerns stay. around the funding and timeline of the brand-new jobs.
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Islamist militants in northwest Pakistan kill 16 security personnel, law enforcement officers states
Sixteen security personnel were killed in northwest Pakistan in an attack by Islamist militants early on Saturday, a senior authorities official in the South Waziristan region stated, as Islamist fighters step up their attacks on the security forces. Another eight personnel were injured in the attack on a. security forces post, which took place at 2 a.m. (2100 GMT on. Friday), authorities deputy superintendent Hidayat Ullah informed. Reuters. A search operation is under way in the area, he added,. stating the assailants had actually utilized light and heavy weapons. Tehreek-e-Taliban Pakistan (TTP), likewise referred to as the Pakistan. Taliban, claimed obligation for the attack, giving a higher. figure for the number of security workers eliminated. At least 35 security personnel were killed and 15 hurt. in the attack, the group stated in a WhatsApp channel broadcast. It did not say whether any of its fighters had actually been killed. The TTP has performed more regular attacks in current. months, primarily targeting members of the security forces. An umbrella group of different Sunni Islamist militant groups,. it has actually long been combating in a quote to topple the federal government. and change it with a stringent Islamic-led system of governance. It is separate from the Afghan Taliban movement, however pledges. commitment to the Islamist group that now rules Afghanistan after. the withdrawal of U.S.-led worldwide forces in 2021.
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Petrobras Steps Closer to Developing Hydrogen Plant Powered by Renewables
Petrobras has signed a protocol of intent Companhia Siderúrgica Nacional (CSN) and CSN Inova Soluções, marking a first step towards structuring a business partnership aimed at setting up a low-carbon hydrogen plant on a commercial scale in Brazilian state of Paraná.Low-carbon hydrogen can be used in industrial processes or as fuel and will be obtained through the electrolysis of water from renewable sources of electricity. The initiative aims to support the decarbonization efforts of CSN and Petrobras' operations and products.Petrobras did not specify which renewable energy sources would be used to power the production of hydrogen.The signing of this Protocol of Intent is in line with the Petrobras’ Strategic Plan 2050 and Business Plan 2025-2029, which aim to prepare Petrobras to lead the fair energy transition, reducing its emissions and expanding the supply of more sustainable products.
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Thai ceremony for the dead brings good karma and psychological closure
When two month old Bibeam passed away in November 2023, the temples in her district would not cremate her, considering her too young for such an event. Rather she was buried without any religious rites in a. cemetery in Rayong, about two hours southeast of the Thai. capital Bangkok and one hour from her household's home. It was just this year that Bibeam was given the Buddhist. cremation her parents had wanted when she was consisted of in a rare. Lang Pa Cha cemetery cleaning ceremony, a ritual that. originated during China's Tune dynasty and was brought to. Thailand by Chinese immigrants. I am extremely pleased and delighted that my baby can have her. funeral rite like others, her mother, 26-year-old Paikaew. Thaijaroen, informed Reuters. Lang Pa Cha ceremonies occur every year at cemeteries. throughout Thailand's 77 provinces and are organised by a small. group of non-profit organisations. The ritual involves exhuming remains and performing Buddhist. and Taoist rites in an event that is now special to the. Southeast Asian country, stated Sayomphu Kiatsayomphu, president. of Thailand's Cemeteries Cleansing Network. Cremation is extensively practised in Thailand, but people who. pass away without being officially identified, perhaps because they. moved a lot of were a migrant worker, are normally buried. Bibeam was included in the ceremony because when the. volunteers exhumed her grave, which was in the very same area as. those who were unclaimed, her body was found to have actually been. uncommonly well protected. The ultimate objective is to guarantee the ascension of these. unclaimed souls to paradise, Kiatsayomphu stated. When exhumed, the remains are cleaned by Buddhist volunteers. before a medium identifies their gender. For some of the volunteers the event assists in benefit. making - a Buddhist principle where performing kindness. adds to that individual's own joy and wellness. I first started Lang Pa Cha around 20 years back as a. volunteer, stated Tonploy Boonporn, a 63-year-old masseur. After. that, I found real spiritual fulfilment in this ceremony, so I. kept going. As the day of cremation draws near, the volunteers utilize. tooth brushes and holy water to carefully wash the mud from the. remains, before decorating them with gold leaf. The embellished remains are then set up in two different. pyres - one for males and one for women. The cemetery in Rayong, where Bibeam was cremated, had not. been cleansed for almost twenty years and included about 1,000. unclaimed bodies, according to Pakkhapoom Boonchothirun, an. executive member of the Sawang Pornkuson Foundation that runs. the graveyard and arranged the ceremony. The Lang Pa Cha happened between March and May. On the day of the cremation, Bibeam's body was put on top. of the funeral pyre, symbolically leading the souls of the. left on their journey to heaven. Seeing her maintained body put on the top of a female. funeral pyre makes me feel more complete, Paikaew said.
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Codelco copper output misses November target, document programs
Chile's staterun copper giant Codelco produced 125,500 metric lots of the metal in November, up 18% yearonyear, however still fell back its target for the month, an internal file acquired revealed Friday. The miner's output was 3% lower than anticipated, according to the file titled Preliminary Business Outcomes and dated in December. The only departments to satisfy their target were the enormous El Teniente and the smaller Radomiro Tomic. Codelco did not instantly respond to an ask for comment. The copper giant, which is the world's greatest producer of the red metal, has been intending to quicken production to meet its 2024 target after levels in the last 2 years hit a. quarter-century low. After November's efficiency, Codelco will still require to. produce more than 161,000 lots of copper in December to reach. the low-end of its target, which the business previously this year. put in between 1.325 million to 1.352 million tons. Senior company sources previously informed Reuters that. Codelco anticipates to end the year at 1.331 million tons, which. would be 0.5% above in 2015's output. November production was injured by delays at the Rajo Inca. job at the Salvador mine, according to the document. It also. revealed lower recovery and processing at the Andina, Chuquicamata. and Gabriela Mistral systems and lower ore grades at Ministro. Hales. Smelting and cathode production were likewise below. Codelco's target in November, according to the document.
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Nippon Steel declares excessive White Home impact on doomed offer review-letter
Nippon Steel declares the White Home had impermissible undue impact over a nationwide security review of its $14.9 billion bid for U.S. Steel and threatened legal action if the deal is blocked. The allegation was made in a Dec. 17 letter, signed by counsel for Nippon Steel and U.S. Steel and seen , to the Committee on Foreign Investment in the United States ( CFIUS). CFIUS, which reviews foreign acquisitions for nationwide security dangers, has a Monday due date to approve the deal, extend the evaluation, or suggest that President Joe Biden scuttle it. However, an expected government shutdown would stop briefly the clock, CFIUS attorneys said. Last weekend, CFIUS set the phase for Biden, who has long opposed the tie-up, to block it in a 29-page letter by raising supposedly unsettled nationwide security dangers, Reuters specifically reported. In its response, Nippon Steel and U.S. Steel rebut CFIUS's. nationwide security arguments and allege that Biden incorrectly. influenced the evaluation's result before CFIUS could reach its. conclusions. Specifically, their Dec. 17 letter claims Biden might have. weighed in on the offer to please United Steelworkers (USW). President David McCall, who opposes the tie-up, and backed. Biden for President soon after he revealed his opposition to. the merger. Biden has opposed the offer due to the fact that he thinks that U.S. Steel ought to be American-owned and operated. We are gravely worried that the December 14 Letter. reflects impermissible influence in the CFIUS procedure from the. White House, at the request of 3rd parties who oppose the. transaction and seek to weaken the Celebrations, particularly,. Cleveland-Cliffs ..., led by CEO Lourenco Goncalves, and Mr. McCall, Nippon and U.S. Steel's most current action to CFIUS checks out. Cleveland-Cliffs was a suitor for U.S. Steel and likewise. opposes the handle Nippon. White House representative Saloni Sharma said the accusation. is not real. She did not specifically address if Biden would. block the deal, adding, The President has actually been clear that he. will continue to see what the CFIUS process yields. We anticipate settling the deal and. remain devoted to working with all relevant parties to do so,. U.S. Steel said in a statement. Nippon Steel and Cleveland Cliffs CEO Lourenco Goncalves. decreased to comment. TOP-LEVEL OPPOSITION The proposed tie-up has faced top-level opposition within. the United States considering that it was revealed a year ago, with both. Biden and his inbound follower Donald Trump taking objective at it. as they sought to woo union citizens in the swing state of. Pennsylvania, where U.S. Steel is headquartered. Trump has also. asserted the iconic American business must remain. American-owned. The merger appeared fast-tracked to be obstructed after the. business got an Aug. 31 letter from CFIUS, seen by. Reuters, arguing the deal might injure the supply of steel required. for important transportation, construction and agriculture. tasks. But Nippon Steel countered that its investments, made by a. business from an allied nation, would in truth support U.S. Steel's output and won a 90-day evaluation extension. That extension. offered CFIUS up until after the November election to make a. decision, sustaining hope among advocates that a calmer political. environment could assist the offer's approval. PERSONAL ASSURANCES In making the case that President Biden was doing a favor to. McCall, the letter cited a February USW news release in which. the union leader specified, Today we received personal guarantees. that President Joe Biden has our backs, McCall said. He's. always been a pal to the American worker and our union, and. we're grateful he's taking an interest in this matter. The White House rejected the allegation Biden's opposition is. at the request of McCall and referred Reuters to his March. statement against the offer. McCall stated in a declaration that. Nippon's efforts to distribute unfounded reports and dangers of. legal action are regrettable, but eventually, they disappear. than a diversion from the dangers the company's acquisition of. U.S. Steel positions.. If Biden obstructs the offer, the Celebrations would right away submit. a petition in the U.S. Court of Appeals for the DC Circuit. challenging the decision as an offense of due procedure and the. authority of the President, under CFIUS authorities, Nippon. Steel composes.
Top 20 worldwide family-owned retail businesses
Japan's Seven & & i Holdings got a buyout proposition from a member of its founding Ito family last week, a possible $58 billion whiteknight bid which would see the company go personal and allow it to continue running under existing management.
Many worldwide retailers have actually decided to stay privately owned or have founding families which have actually maintained considerable stakes.
An index assembled by EY and University of St. Gallen at the start of 2023 listed the 500 largest household services internationally ranked by revenue. Below is a list of the biggest 20 family-owned retailers, both publicly listed and private, which all appeared within the top 100.
WALMART:
The biggest of all family businesses, American omnichannel merchant Walmart was founded in 1962 by Sam Walton, and is currently headquartered in Bentonville, Arkansas.
The Walton household presently holds 45.5% of its shares impressive, according to LSEG data.
SCHWARZ GROUP:
The moms and dad business of German supermarket chains Lidl and Kaufland is owned by Dieter Schwarz, boy of its creator Josef Schwarz.
The group, which was established in 1930, has about 13,900 stores and 575,000 workers in 32 nations.
LVMH: The Paris-based luxury items group was founded in 1987 through a. merger of Moët Hennessy and Louis Vuitton, and has since 1989. been headed by Bernard Arnault, with his five children recently. moving up the ranks of business management.
The Arnault family currently holds 48.8% of shares. outstanding, according to LSEG information.
NIKE:
The U.S.-based sportswear giant was co-founded by Phil. Knight and Bill Bowerman in 1964 as Blue Ribbon Sports.
Knight is currently Chair Emeritus of the board of directors. and attends conferences of the board as a non-voting observer,. after working as Nike's president for an overall of 25 years. According to Nike's 2024 notification of yearly meeting, Phil Knight. and his boy Travis Knight own more than 97% of exceptional Class. A shares in addition to the holding business and trusts they. control, such as Swoosh LLC.
LOBLAW COMPANIES:
Loblaw is a Canadian food and drug store retailer. headquartered in Brampton, Canada.
The biggest financier is George Weston Ltd, founded by George. Weston in 1882, which owns 53.8%. George Weston is managed by. the Weston family, consisting of Galen G. Weston Galen, 51, chair. and director of Loblaw Companies Ltd.
. L'ORÉAL:
The French cosmetics maker was established in 1909 by Eugène. Schueller and is headquartered in Clichy.
Its greatest shareholder is the Bettencourt-Meyers family,. which holds 34.8% of the shares according to LSEG data.
ELO:
France's Elo is the owner of grocery store chain Auchan, which. was established in 1961 by Gérard Mulliez and has its head office. in Croix, France. The Mulliez family has a 98% stake in the. unlisted group Elo, and controls stores such as home enhancement. and gardening outlet Leroy Merlin or sporting items chain. Decathlon.
HEB GROCERY:
The Butt household owns all the voting shares in the American. grocery giant H-E-B. The personal company has its headquarters in. San Antonio, Texas. It was founded by Florence Butt in 1905, and. her grandson Charles Butt currently is the chairperson of the. company.
RAJESH EXPORTS:
The Indian jeweller was established in 1989 by its present. Executive Chair Rajesh Mehta. The Mehta household manages 54.55% of the business, according to a. statement on the business's site.
INDITEX:
The world's largest noted style merchant was founded in. 1985 in Spain by Amancio Ortega as a holding business for the. Zara brand name and its factory. Amancio Ortega controls about 59% of Inditex capital through. Pontegadea Inversiones and Partler Participaciones, with a 5%. stake held by daughter Sandra Ortega. ALDI GROUP:
Aldi's family-owned business was established in 1913 in Germany. In 1961, brothers Karl and Theo Albrecht divided the business. into 2 lawfully and economically independent business,. grocery store chains ALDI Nord and ALDI Sued.
The 2 sis companies served at first north and south. Germany and after that broadened to much of Europe as well as the. United States and Australia.
MERCADONA:
Mercadona, the Spanish supermarket and online shopping. company, was developed in 1977 by Francisco Roig Ballester and his. wife Trinidad Alfonso Mocholí as part of the Cárnicas Roig. Group.
Juan Roig, child of the creators, is the president of the. business, with the household comprising the majority of the board.
The Roig household holds 100% of the shares in Mercadona. according to the EY St Gallen Household Business Index.
C&S WHOLESALE GROCERS LLC:
The U.S.-based supply chain options supplier and wholesale. grocery provider was founded in 1918. In addition to its core. business, it operates and supports corporate supermarket.
Its owner and Executive Chair Rick Cohen is the third. generation of the Cohen household to lead the business.
JERONIMO MARTINS:. Founded at the end of the 18th century, the Portuguese retailer,. owner of Pingo Doce supermarkets, was acquired by Francisco. Manuel dos Santos in 1921 and has been led by the dos Santos. household ever since. Pedro Soares dos Santos is the current CEO of. the company and the household owns over 56% of the Jeronimo Martins. share capital through the Sociedade Francisco Manuel dos Santos.
EMPIRE COMPANY:
The Canada-based business operates in food retail through the. grocery store chain Sobeys, which was established in 1907 by John W. Sobey as a meat shipment company.
Members of the Sobey family are still involved in the. management of the group, which was incorporated in 1963.
H&M:
The Swedish style seller has its head office in. Stockholm. It was established by Erling Persson in 1947.
His child, Stefan Persson and his family are H&M's biggest. shareholders through Ramsbury Invest AB, which holds all the class A. shares, which provide 10 votes per share, along with a part of. class B shares, amounting to 61% of all shares. The family of. Lottie Tham, Stefan's sister, holds 5.5%.
Stefan Persson's kid, Karl-Johan Persson, is the board's. chairperson, having actually served formerly as H&M's CEO from 2009 to. 2020.
COMPAGNIEFINANCIERE RICHEMONT:
Cartier-owner Richemont was formed in 1988, when the. Rembrandt Group spun off its non-South African operations into. the brand-new entity.
The Swiss high-end group, which also owns Swiss watchmakers. IWC, Piaget and Jaeger-LeCoulture, is managed by Chair Johan. Rupert through a mix of 2 categories of shares that offers. him 51% of the voting rights.
KERING:
The France-based Gucci owner is led by the founder's child,. François-Henri Pinault, who has actually been CEO of the group given that. 2005.
The Pinault household owns 42% of the shares and nearly 60% of. voting rights in the company, which was established in 1962 by. François Pinault as a lumber trading business and noted on the. Paris Stock Exchange in 1988, before shifting its focus to the. high-end sector in the late 1990s.
LOVES TRAVEL STOPS & & NATION STORES:
The U.S. based privately-owned chain operates truck travel. stops along with sustaining stations with attached convenience. shops and has about 650 places in 42 states.
It was founded in 1964 by Tom and Judy Love and is owned by. their 4 kids.
Their kids Greg and Frank have been co-CEOs given that 2014.
QUICKLY RETAILING:
The Japanese operator of the Uniqlo clothing chain was. established in 1949 and presently headed by Tadashi Yanai, Japan's. richest guy and Uniqlo brand name founder. Yanai, 75, who has long aimed to make Quick Selling the world's. greatest fashion merchant, presently holds a 17.19% stake in the. company, according to LSEG information. The stake held by his household in. total amounts to 41.28%.
(source: Reuters)