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In this article ADS-DE Follow your favorite stocks CREATE FREE ACCOUNT The "Arena" office building at the headquarters of the sporting goods manufacturer adidas AG is reflected in an artificial lake. Daniel Karmann | Picture Alliance | Getty Images Adidas' German headquarters was raided on Tuesday in connection with a yearslong tax investigation, the company confirmed to CNBC in a statement. Authorities are investigating customs and tax regulations for products imported into Germany over a roughly five-year period from October 2019 to August of this year, a spokesperson said. Offices at the company's headquarters in Herzogenaurach, along with other locations, were searched. Adidas said it has provided investigators with relevant documents and information and has previously been in contact with customs authorities about the matter over the past several years. "The company does not expect any significant financial impact in connection with the investigation," Adidas said in the statement. The company said it "continues to work closely with the customs authorities to also clarify issues arising from different interpretations of German and European law." The tax investigation is the latest scandal to hit the sneaker maker after its disastrous breakup with Ye, the rapper formerly known as Kanye West, over antisemitic comments he made. No additional details about the tax investigation were immediately known. Shares were up slightly in extended trading. Don’t miss these insights from CNBC PRO This is the biggest AI winner two years after ChatGPT's debut — and it's not Nvidia Goldman Sachs has a trading strategy to score a few big wins before year end Bernstein says this tech stock is its best idea for 2025, could be added to S&P 500 Oracle is on pace for the best year since 1999. What led to the meteoric riseonline games in pc



Ashtead's wake-up call: Equipment firm's decision to switch listing to New York is a big blow to the City, says ALEX BRUMMER

Nokia Corporation Stock Exchange Release 25 November 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 25.11.2024 Espoo, Finland - On 25 November 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: On 22 November 2024, Nokia announced that its Board of Directors is initiating a share buyback program to offset the dilutive effect of new Nokia shares issued to the shareholders of Infinera Corporation and certain Infinera Corporation share-based incentives. The repurchases in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation (EU) 2016/1052 and under the authorization granted by Nokia's Annual General Meeting on 3 April 2024 started on 25 November 2024 and end by 31 December 2025 and target to repurchase 150 million shares for a maximum aggregate purchase price of EUR 900 million. Total cost of transactions executed on 25 November 2024 was 3,523,779. After the disclosed transactions, Nokia Corporation holds 360,574,603 treasury shares. Details of transactions are included as an appendix to this announcement. On behalf of Nokia Corporation BofA Securities Europe SA About Nokia At Nokia, we create technology that helps the world act together. As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today - and work with us to create the digital services and applications of the future. Inquiries: Nokia Communications Phone: +358 10 448 4900 Email: [email protected] Maria Vaismaa, Global Head of External Communications Nokia Investor Relations Phone: +358 40 803 4080 Email: [email protected] Attachment Daily Report 2024-11-25Word count: 368

One area of focus for enhancing consumption-boosting policies is incentivizing sustainable and responsible consumer choices. By promoting eco-friendly products, supporting local businesses, and encouraging conscious consumption practices, governments can not only drive economic growth but also advance sustainability and environmental conservation goals. Initiatives that align economic incentives with social and environmental objectives can create a win-win situation for both businesses and consumers, fostering a more resilient and inclusive economy.On Monday, it was reported that Penn State their full allotment of tickets, allowing 5,000 tickets to be sold to the general public, per Audrey Snyder of The Athletic. Nittany Lions fans and students immediately took to social media to complain that they had not received tickets. One post from a named Dylan Dawson garnered over 2.5 million views on X. Javascript is required for you to be able to read premium content. Thanks for the feedback.

Ian Jackson scores career-high 26, UNC beats Campbell 97-81

Jimmy Carter played major role in Texas’ shift from blue to redGeorge Boole: Cork lecturer hailed as father of computing and artificial intelligence

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RTE star Maura Derrane looks ‘sensational’ in bargain festive dress just €35 that’s ideal for Christmas DayNone

NEW YORK — U.S. stock indexes drifted lower Dec. 10 in the runup to the highlight of the week for the market, the latest update on inflation that's coming on Wednesday. The S&P 500 dipped 0.3 percent on Tuesday, a day after pulling back from its latest all-time high. They're the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium. The Dow Jones Industrial Average and the Nasdaq each fell 0.3 percent. Technology titan Oracle dragged on the market. Its stock sank 6.7 percent after reporting growth for the latest quarter that fell just short of expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. In the bond market, Treasury yields ticked higher ahead of Wednesday's report on the inflation that U.S. consumers are feeling. Economists expect it to show similar increases as the month before. Wednesday's update and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year's third cut to interest rates. NEW YORK — A judge has temporarily halted a proposed merger between supermarket giants Kroger and Albertsons, an action that could scuttle the deal. U.S. District Court Judge Adrienne Nelson issued the ruling Dec. 10 after a three-week hearing in Portland, Ore. Harris Teeter parent Kroger Co. and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, asking Nelson to block the $24.6 billion deal until an in-house administrative judge at the FTC could consider the merger's implications. Nelson agreed to pause the merger. Regulators argue that combining the chains would be bad for consumers and workers by eliminating competition. The companies say a merger would help them better compete with big retailers like Walmart, Costco and Amazon. The case may now move to the FTC, although Kroger and Albertsons have asked a different federal judge to block the in-house proceedings. DETROIT — General Motors said Dec. 10 it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unit. Instead the Detroit automaker will focus on development of partially automated driver-assist systems like its Super Cruise, which allows drivers to take their hands off the steering wheel. GM said it would get out of robotaxis "given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market." The company said it will combine Cruise's technical staff with its own to work on advanced systems to assist drivers. NEW YORK — Alaska Airlines said Dec. 10 it will start new service to Tokyo and Seoul from its home base in Seattle next year as part of a plan to boost international flights over the next several years. The carrier also raised its fourth-quarter outlook and publicized a plan to boost profit by $1 billion over three years. It said greater efficiency from combining with Hawaiian Airlines will save the company at least $500 million by 2027. Alaska also plans to introduce a new premium co-branded credit card; similar deals have been lucrative for other carriers. Alaska also announced a plan to spend $1 billion buying back its own stock, which makes existing shares more valuable. The airline's goal is to fly from Seattle to at least a dozen international destinations by 2030, using big jets owned by Hawaiian, which Alaska bought this year. HONG KONG — China's exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost the economy after the shocks of the COVID-19 pandemic. Customs data released Dec. 10 showed exports grew 6.7 percent from a year earlier, down from a 12.7 percent increase in October. Analysts had estimated that exports had risen more than 8 percent. Imports fell 3.9 percent from a year earlier, reflecting weak demand from industries and consumers. With exports outpacing imports, China's trade surplus rose to $97.4 billion. The report came a day after Beijing pledged to loosen monetary policy and provide more support for the world's No. 2 economy, which is South Carolina's largest global trading partner. U.S. President-elect Donald Trump has threatened to slap tariffs of 60 percent or more on imports of Chinese goods, complicating Beijing's efforts by threatening an area of the economy that has performed relatively well while the property sector remains in the doldrums and consumer spending remains fragile. MEW YORK — Morgan Stanley Smith Barney will pay a $15 million penalty as part of a settlement with the Securities and Exchange Commission related to four financial advisers who stole millions of dollars of advisory clients' and brokerage customers' funds. The settlement announced late Monday is also related to the firm's failure to adopt policies and procedures designed to prevent and detect such theft. The SEC order said that MSSB failed to adopt and implement policies and procedures reasonably designed to prevent its financial advisers from using two forms of unauthorized third-party disbursements, Automated Clearing House payments and certain patterns of cash wire transfers, to misappropriate funds from customer accounts. The order said the financial advisers, in Texas and California, made hundreds of unauthorized transfers from customers' or clients' accounts to themselves or for their own benefit. Morgan Stanley formed a venture with Citigroup's Smith Barney in 2009 and purchased the business outright in 2013. BEIJING — Chinese official broadcaster CCTV says a former chairman of the state-owned bank China Everbright Group has been jailed 12 years for embezzlement and bribery. Tang Shuangning, who had also held senior posts at the People’s Bank of China and the China Banking Regulatory Commission, was arrested in January, part of a wider wave of prosecutions of senior officials accused of financial crimes. A court in the city of Tangshan, about 100 miles east of Beijing, found him guilty of taking advantage of his position at the state-owned bank in “seeking convenience for others” in jobs and loans, in exchange for illegal payments. The court said he had accepted illegal property with a total value of more than $1.5 million.

Barcelona, led by their talismanic captain, continued to mesmerize with their trademark possession-based style of play. The team's attacking prowess, spearheaded by their dynamic forward line, proved to be a constant threat to opposition defenses. As they navigated through tough fixtures, Barcelona's ability to unlock defenses and create scoring opportunities showcased their title credentials and determination to reclaim their status as champions of Spain.The ultimate goal of these efforts is to create a more level playing field for small and micro-enterprises, enabling them to compete more effectively with larger companies and realize their full potential. By providing them with the financial support they need to innovate, grow, and create jobs, the government hopes to foster a more dynamic and inclusive economy that benefits all segments of society.

Philippines’ Hidilyn Diaz competes in the women’s 55kg weightlifting competition during the Tokyo 2020 Olympic Games at the Tokyo International Forum in Tokyo on July 26, 2021. (Photo by Vincenzo PINTO / AFP) Something must have stirred inside Hidilyn Diaz-Naranjo after witnessing her nephew ascend the medal platform during the awarding ceremony in the recent Philippine Sports Commission Batang Pinoy Games. The country’s weightlifting celebrity, the first Filipino to win a gold medal in the Olympics, is now craving for another shot at glory in the Los Angeles 2028 Games. “I want to compete in Los Angeles. I think I can still do it,” said Diaz-Naranjo after Team HD flourished in the weightlifting competitions of the Games, showcasing the best Filipino youth athletes from 30 sports. Diaz-Naranjo ended nearly a century of waiting for an Olympic champions when she ruled the 55-kilogram (kg) class of women’s weightlifting competition in the 2020 Tokyo Summer Games, which was held in 2021 due to the pandemic. But with the Olympics restructuring the weight classes of her sport, Diaz-Naranjo’s 55kg was among those removed to streamline competitions. As a result, she was forced to compete in the heavier 59kg class, where she lost out in the qualifying process to teammate Elreen Ann Ando. She had hinted before that Paris would be her last Olympics, even using the hashtag #lastlift at one point. But Diaz-Naranjo has never officially said she will retire and, in fact, has said she would love to compete for the country in the future. Now 33, the sports icon from Zamboanga City saw action in four Olympics, claiming a silver medal in the 2016 Rio De Janeiro Games before finally striking gold in Tokyo. She began her Olympic career in 2008 in Beijing. She will be 37 during the LA Olympics. In the meantime, Diaz-Naranjo and husband Julius Naranjo continue to train aspiring weightlifters and brought the finest young stars from their grassroots training camp in Jalajala, Rizal province, to the Puerto Princesa City meet last week. They boosted the stock of their team, which delivered four golds in weightlifting with Team HD’s Matthew Diaz (boys 43kg 13-under) and Adonis Ramos Jr. (boys 55kg 17-under), among them. “I was really excited to see my nephew win the gold. It was here in Puerto Princesa where I competed in my first Batang Pinoy back in 2001,” Diaz-Naranjo told the Inquirer. Although Los Angeles is still four years away, Diaz-Naranjo still feels excitement when she pictures herself competing on the grandest stage in sports. But she won’t make any decision yet on her wish to compete in Los Angeles. “I will know if I’ll be ready to go through the Olympic qualifications two years before Los Angeles,” said Diaz-Naranjo. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . “Many things could possibly happen in four years. We don’t know. But once I decide to go for another shot in the Olympics, I’ll again give it my all in training,” she added. INQ

Article content Silverthorn Collegiate Institute in Etobicoke was in lockdown late Tuesday afternoon after reports of a person with a gun inside the school. Recommended Videos Toronto Police were called to the Mill-Burnhamthorpe Rds. area at 3:59 p.m. for the gun report and said in a post on the social-media site X that there was “evidence of a firearm discharge located.” There were no injuries reported. FIREARM DISCHARGE: Mill Rd. & Burnhamthorpe Rd. area (Silverthorn Collegiate Institute) 3:59 p.m - Reports of a person w/ a gun inside the school - School in lockdown - Police o/s - Evidence of a firearm discharge located - No reports of injuries #GO2673285 ^vs In a follow-up post at 4:58 p.m., police said two individuals were reportedly inside the school with a gun. Officers were actively clearing the building, police said, and there were no immediate suspect descriptions available.

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