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slot bet 100 deposit 5000 Japanese automakers Nissan Motor Corp and Honda Motor Co confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger. Nissan’s share price soared nearly 24% in Tokyo after reports citing unnamed sources said it might merge with Honda to form the world’s third-largest automaking group. Honda’s share price fell as much as 3%. Nissan alliance member Mitsubishi Motors Corp. is also part of the talks. Trading in Nissan’s shares was suspended but then resumed after the companies jointly issued a statement saying they were “considering various possibilities for future collaboration, but no decisions have been made.” The ascent of Chinese automakers is rattling the industry at a time when manufacturers are struggling to shift from fossil fuel-driven vehicles to electrics. Relatively inexpensive EVs from China's BYD, Great Wall and Nio are eating into the market shares of U.S. and Japanese car companies in China and elsewhere. Japanese automakers have lagged behind big rivals in EVs and are now trying to cut costs and make up for lost time. Nissan, Honda and Mitsubishi announced in August that they will share components for electric vehicles like batteries and jointly research software for autonomous driving to adapt better to dramatic changes in the auto industry centered around electrification. A preliminary agreement between Honda, Japan's second-largest automaker, and Nissan, third largest, was announced in March. A merger could result in a behemoth worth about $55 billion based on the market capitalization of all three automakers. Joining forces would help the smaller Japanese automakers add scale to compete with Japan's market leader Toyota Motor Corp. and with Germany’s Volkswagen AG. Toyota itself has technology partnerships with Japan's Mazda Motor Corp. and Subaru Corp. Nissan has truck-based body-on-frame large SUVs such as the Armada and Infiniti QX80 that Honda doesn't have, with large towing capacities and good off-road performance, said Sam Fiorani, vice president of AutoForecast Solutions. Nissan also has years of experience building batteries and electric vehicles, and gas-electric hybird powertrains that could help Honda in developing its own EVs and next generation of hybrids, he said. “Nissan does have some product segments where Honda doesn’t currently play,” that a merger or partnership could help, said Sam Abuelsamid, a Detroit-area automotive industry analsyt. While Nissan's electric Leaf and Ariya haven't sold well in the U.S., they're solid vehicles, Fiorani said. “They haven't been resting on their laurels, and they have been developing this technology,” he said. “They have new products coming that could provide a good platform for Honda for its next generation.” Nissan said last month that it was slashing 9,000 jobs, or about 6% of its global work force, and reducing global production capacity by 20% after reporting a quarterly loss of 9.3 billion yen ($61 million). Earlier this month it reshuffled its management and its chief executive, Makoto Uchida, took a 50% pay cut to take responsibility for the financial woes, saying Nissan needed to become more efficient and respond better to market tastes, rising costs and other global changes. Fitch Ratings recently downgraded Nissan's credit outlook to “negative,” citing worsening profitability, partly due to price cuts in the North American market. But it noted that it has a strong financial structure and solid cash reserves that amounted to 1.44 trillion yen ($9.4 billion). Nissan's share price has fallen to the point where it is considered something of a bargain. A report in the Japanese financial magazine Diamond said talks with Honda gained urgency after the Taiwan maker of iPhones Hon Hai Precision Industry Co., better known as Foxconn, began exploring a possible acquisition of Nissan as part of its push into the EV sector. The company has struggled for years following a scandal that began with the arrest of its former chairman Carlos Ghosn in late 2018 on charges of fraud and misuse of company assets, allegations that he denies. He eventually was released on bail and fled to Lebanon. Honda reported its profits slipped nearly 20% in the first half of the April-March fiscal year from a year earlier, as sales suffered in China. Toyota made 11.5 million vehicles in 2023, while Honda rolled out 4 million and Nissan produced 3.4 million. Mitsubishi Motors made just over 1 million. Even after a merger Toyota would remain the leading Japanese automaker. All the global automakers are facing potential shocks if President-elect Donald Trump follows through on threats to raise or impose tariffs on imports of foreign products, even from allies like Japan and neighboring countries like Canada and Mexico. Nissan is among the major car companies that have adjusted their supply chains to include vehicles assembled in Mexico. Meanwhile, analysts say there is an “affordability shift” taking place across the industry, led by people who feel they cannot afford to pay nearly $50,000 for a new vehicle. In American, a vital market for companies like Nissan, Honda and Toyota, that's forcing automakers to consider lower pricing, which will eat further into industry profits. AP Auto Writer Tom Krisher contributed to this report from Detroit.



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Taurus Daily Horoscope Today, Nov 26, 2024 predicts smart investmentsLAHAINA, Hawaii (AP) — Tyrese Hunter scored 17 of his 26 points after halftime to lead Memphis to a 99-97 overtime win against two-time defending national champion and second-ranked UConn on Monday in the first round of the Maui Invitational . Hunter shot 7 of 10 from 3-point range for the Tigers (5-0), who were 12 of 22 from beyond at the arc as a team. PJ Haggerty had 22 points and five assists, Colby Rogers had 19 points and Dain Dainja scored 14. Tarris Reed Jr. had 22 points and 11 rebounds off the bench for the Huskies (4-1). Alex Karaban had 19 points and six assists, and Jaylin Stewart scored 16. Memphis led by as many as 13 with about four minutes left in regulation, but UConn chipped away and eventually tied it on Solo Ball’s 3-pointer with 1.2 seconds remaining. Memphis: The Tigers ranked second nationally in field goal percentage going into the game and shot it at a 54.7% clip. UConn: The Huskies saw their string of 17 consecutive wins dating back to February come to an end. The teams were tied at 92 with less than a minute remaining in overtime when UConn coach Dan Hurley was assessed a technical foul for his displeasure with an over-the-back call against Liam McNeeley. PJ Carter hit four straight free throws — two for the tech and the other pair for the personal foul — to give Memphis a 96-92 lead with 40.3 seconds to play. UConn had three players foul out. Memphis attempted 40 free throws and made 29 of them. Memphis will play the winner of Colorado-Michigan State on Tuesday in the second round of the invitational. UConn will play the loser of that game in the consolation bracket. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball .

SRTX LAUNCHES SRTX ORIGINS: A MATERIAL SCIENCE INCUBATOR ACCELERATING THE FUTURE OF SUSTAINABLE INNOVATIONGulberg police apprehended a suspect involved in a theft targeting Sikh pilgrims visiting from Malaysia. According to a police spokesperson, the Sikh women were staying at a private hotel in Liberty Market when the incident occurred. On December 16, while the women were out for breakfast in Liberty Market, the suspect allegedly used a master key to enter their hotel room. He stole INR 10,000 and 400 Malaysian Ringgit. Upon receiving the complaint, Gulberg police utilised advanced technology to trace the suspect to a house located behind Liberty Market. The stolen cash, including the local and foreign currency, was recovered from the suspect's possession. COMMENTS Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our

It's party time, Colorado Springs. Following the Switchbacks' 3-0 win over Rhode Island FC to capture their first-ever USL Championship title on Saturday, the club will hold a celebration party at Weidner Field on Dec. 6. Doors will be open from 5:30 to 7:30 p.m. Fans will be able to meet with the coaches, take a photo with the trophy, purchase championship merchandise and more, the club announced via social media on Friday. Colorado Springs coach James Chambers officially dubbed Weidner Field a "fortress" following Saturday's win. The Switchbacks won all four of their postseason games at home, outscoring opponents 8-1 in that span. In the regular season and playoffs, the Switchbacks won 14 games in downtown Colorado Springs, after starting off the season 0-5. Forwards Ronaldo Damus and Juan Tejada, and midfielders Jairo Henriquez and Zach Zandi each scored twice over the playoffs. Tejada was named the championship final MVP. Henriquez and Damus scored the Switchbacks' first goals of the playoffs, helping the club earn a 2-0 win over Oakland Roots SC in the Western Conference quarterfinals, Nov. 2. Zandi earned his first career brace, or two-goal game, in league play in the conference semifinals against Orange County SC eight days later. His game-winner in extra time sent the Switchbacks to the conference finals for the second time in three seasons. Tejada scored the only goal of the match in the conference final against Las Vegas Lights FC on Nov. 16. He struck again in the league final on Saturday, scoring the first goal of the match. Henriquez and Damus also scored to give the Switchbacks the decisive three-goal victory.

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COP29, the United Nations annual climate alarmism summit, ended in overtime this weekend with an agreement in which wealthy countries are obligated to invest $300 billion a year into “climate finance” for the next decade — outraging environmental activists who dismissed the sums as laughably small. The $300 billion agreement was $50 billion more than the wealthier participants were proposing as of Friday, when the summit was expected to end. Nonetheless, some extreme climate activists hoped to see commitments of as much as $1 trillion in wealth redistribution from richer states to “developing” countries, to be invested in mitigating the effects of alleged climate change. The parties agreed to the extra $50 billion after climate agitators pilloried the proposed $250 billion in public statements last week. “The proposed target to mobilise $250 billion per year by 2035 is totally unacceptable and inadequate to delivering the Paris Agreement,” Amb Ali Mohamed, Kenya’s Special Envoy for chair of the African Group of Negotiators, told leftist British newspaper the Guardian . “$250 billion will lead to unacceptable loss of life in Africa and around the world, and imperils the future of our world.” “This latest draft text on the New Collective Quantified Goal is not just a joke – it’s an insult to the billions of people in the Global South living on the frontline of the climate crisis,” the head of the Climate Action Network International, Tasneem Essop, reportedly said . “The $250 billion per year in public finance is peanuts, doubling a failed $100 billion goal instead of addressing real needs.” Reports from the inside of the event, hosted by fossil fuel giant Azerbaijan, described a “bitter,” exasperated, and ultimately disappointed contingent of activists. Bloomberg, reporting on site, offered dramatic details including several countries walking out of talks at some point and conference rooms running out of food, leaving diplomats irritated. The COP events – formally the “Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC)” – are annual meetings in which party nations agree to commitments intended to combat the alleged climate crisis. The meetings have become increasingly contentious as the United Nations has offered hosting duties to nations with a vested interest in boosting the fossil fuel industry. Last year’ COP28 host was the United Arab Emirates (UAE), which gave the presidency of the event to the head of the Abu Dhabi National Oil Company (ADNOC), Sultan Ahmed Al Jaber. This year, the president of host Azerbaijan, Ilham Aliyev, opened COP29 by declaring oil and natural gas a “gift from God” and stating , “countries should not be blamed for having them, and should not be blamed for bringing these resources to the market, because the market needs them.” The main negotiation priority of COP29 was replacing the current commitment by “developed states” to invest $100 billion a year in climate financing, which expires in 2025. The negotiators agreed to a deal that tripled that investment. “Also included in the agreement was a broader goal of raising $1.3 trillion in climate finance annually by 2035,” the German outlet Deutsche Welle reported. “This would include funding from both public and private sources, which economists say matches the sum needed every year to address global warming.” United Nations Secretary-General Antonio Guterres declared himself disappointed with the presumably low funding commitments in remarks concluding the summit this weekend. “Developing countries swamped by debt, pummelled by disasters, and left behind in the renewables revolution, are in desperate need of funds,” he claimed. “An agreement at COP29 was absolutely essential to keep the 1.5 degree limit alive. And countries have delivered.” “I had hoped for a more ambitious outcome – on both finance and mitigation – to meet the great challenge we face,” he lamented, adding, “But this agreement provides a base on which to build.” Guterres scolded countries to rapidly act to pool money in response to the deal: “Commitments must quickly become cash. All countries must come together to ensure the top-end of this new goal is met.” The agreement, Bloomberg observed , did not clarify exactly where that money should go. “Going forward, contributions to multilateral lenders such as the World Bank from India, China and other developing countries will count, potentially paring what’s expected from rich nations,” the outlet explained. “It’s also still unclear just what counts as climate finance, a problem even under the prior agreement to provide $100 billion annually.” As “climate finance” could be in the form of loans with interest, they could become lucrative options for wealthy nations and disempower the poor, heavily indebted countries that the financing is intended to help, alarming many in the environmental movement. Bloomberg described the parties negotiating the deal as hungry, “bitter,” and despairing. “Delegates streaming out of the final session painted a mostly bleak picture of the result. Few negotiators counted themselves happy, and many more described a bitter taste left in their mouths,” the outlet detailed. One group of countries walked out of the talks entirely, though they did ultimately return to the negotiating table and accept the $300 billion deal, “mere billions instead of the more than $1 trillion per year that had been sought.” The wealthiest states at COP29 also appeared to leave disheartened after failing to add the world’s worst polluting state, China, as well as fossil fuel giants Saudi Arabia and the UAE to the group of countries expected to contribute towards the $300 billion. Follow Frances Martel on Facebook and Twitter.Blitz review: this riveting World War II movie is one of the year’s bestKate Cassidy shares emotional message on grief during the holidays after Liam Payne's death

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Brits will watch FIVE hours of telly a day over Christmas and ‘lie’ to loved ones to avoid socialising for a boxsetThe Boston Red Sox continued to rebuild their pitching staff, acquiring left-hander Jovani Morán on Tuesday from the Minnesota Twins in exchange for catcher and infielder Mickey Gasper. Read this article for free: Already have an account? To continue reading, please subscribe: * The Boston Red Sox continued to rebuild their pitching staff, acquiring left-hander Jovani Morán on Tuesday from the Minnesota Twins in exchange for catcher and infielder Mickey Gasper. Read unlimited articles for free today: Already have an account? The Boston Red Sox continued to rebuild their pitching staff, acquiring left-hander Jovani Morán on Tuesday from the Minnesota Twins in exchange for catcher and infielder Mickey Gasper. The 27-year-old Morán appeared in 79 games as a reliever for the Twins from 2021 to 2023, posting a 4.15 ERA, striking out 112 with 52 walks and holding opponents to a .208 batting average. He missed all of last season recovering from Tommy John surgery. He originally was chosen in the seventh round of the 2015 draft. In Gasper, the Twins are getting a 29-year-old who made his major league debut last season and appeared in 13 games with Boston. The switch-hitter was selected by the New York Yankees in the 27th round of the 2018 draft. He was picked by Boston in the minor league portion of the 2023 Rule 5 Draft. The Red Sox and Twins both currently have 39 players on their 40-man rosters. ___ AP MLB: https://apnews.com/hub/mlb Advertisement