fish shop near me There was a time when tourists on the hunt for London’s dining hotspots would look for a Michelin star or consult their Lonely Planet guidebook. Nowadays many turn to Instagram and TikTok to find a hidden gem. But American visitors have been warned to watch out as sneaky Londoners have begun posting glowing reviews of the restaurant chain Angus Steakhouse in a bid to protect their favourite local from being overrun by tourists. The broadcaster CBS has covered the ingenious trap, telling viewers: “They’re playing a joke on us people. Don’t fall for it.” Angus Steakhouse, which has five restaurants in the capital, is being hyped up on social media by Londoners strategically using phrases such as “best steak sandwich in London” and “hidden gem”.

SANTA CLARA, Calif. , Dec. 3, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced a collaboration with Kioxia Corporation ("Kioxia"), a world leader in memory solutions, to develop cutting-edge technology that addresses the growing demand for high-performance, scalable storage infrastructure among today's hyperscale environments. Industry Significance: Traditional storage solutions, particularly those relying on hard disk drives (HDDs), struggle to meet the demands of hyperscale environments due to their limited speed, scalability, reliability, and excessive power consumption. HDDs are ill-equipped to handle the massive, fast-growing volumes of data generated in these environments without introducing latency and bandwidth limitations, and are difficult to scale and integrate seamlessly into modern data centers. To eliminate these obstacles, the latest collaboration between Pure Storage and Kioxia will deliver a data storage platform engineered from the ground up to tackle the needs of hyperscale environments, allowing for rapid scale while lowering power consumption and reducing the overall physical footprint of hyperscale data centers. News Highlights: With the combination of Pure Storage's advanced data storage platform with Kioxia's industry-leading QLC flash memory, hyperscalers can now keep pace with growing data demands without sacrificing performance. Benefits include: Executive Insight: "Collaborating with Kioxia allows Pure Storage to bring the full potential of all-flash storage technology to hyperscale environments. Pure has a decade of experience in delivering systems that manage flash for enterprise businesses. Now we're using those innovations, and Kioxia's latest technology, to enable the hyperscalers. Together, we're creating a solution that will empower these organizations to manage their data seamlessly, with speed and efficiency at the core." – Bill Cerreta , GM, Hyperscale, Pure Storage "Our collaboration with Pure Storage marks an exciting milestone in the evolution of hyperscale storage. As data volumes continue to explode, we're committed to delivering a solution that combines high performance with lower operational costs. All-flash technology is the future of storage, and through this collaboration, we are driving the innovation needed to address the complexities of today's hyperscale environments." - Caesar Ichimura , Chief Marketing Officer, Kioxia Corporation About Pure Storage Pure Storage (NYSE: PSTG) delivers the industry's most advanced data storage platform to store, manage, and protect the world's data at any scale. With Pure Storage, organizations have ultimate simplicity and flexibility, saving time, money, and energy. From AI to archive, Pure Storage delivers a cloud experience with one unified Storage as-a-Service platform across on premises, cloud, and hosted environments. Our platform is built on our Evergreen architecture that evolves with your business – always getting newer and better with zero planned downtime, guaranteed. Our customers are actively increasing their capacity and processing power while significantly reducing their carbon and energy footprint. It's easy to fall in love with Pure Storage, as evidenced by the highest Net Promoter Score in the industry. For more information, visit www.purestorage.com . Pure Storage, the Pure Storage P Logo, and the marks in the Pure Storage Trademark List are trademarks or registered trademarks of Pure Storage Inc. in the U.S. and/or other countries. The Trademark List can be found at purestorage.com/trademarks . Other names may be trademarks of their respective owners. Analyst Recognition A Leader in the 2024 Gartner Magic Quadrant for Primary Storage A Leader in the 2024 Gartner Magic Quadrant for File and Object Storage Platforms Connect with Pure Blog LinkedIn X Facebook View original content to download multimedia: https://www.prnewswire.com/news-releases/pure-storage-and-kioxia-collaborate-to-drive-scalability-efficiency-and-performance-in-hyperscale-data-centers-302321513.html SOURCE Pure StorageOK, we all knew the Knicks’ offense was good. But this good? The Knicks, who have struggled to find their identity so far this season, dismantled one of the best defenses in the NBA on Tuesday night. They did it with a buzzer-beating bank shot. They did it with crazy no-look passes. They did it with fierce rim-rattling dunks. No, this is not your father’s low-scoring, defense-first Knicks. (Or, for that matter, your mother’s.) In a game they needed to win in order to advance to the knockout round of the NBA Cup, the Knicks steamrolled the Orlando Magic, 121-106, at Madison Square Garden. With the victory, the Knicks finished 4-0 in NBA Cup group play. The win means the Knicks will host the Atlanta Hawks next Wednesday in the knockout round with the winner advancing to Las Vegas for the tournament’s final four. It also means much more than that. It demonstrates that the Knicks are starting to wake up to the fact that they are a team built to contend for a championship, just not to light up the scoreboard and produce highlight plays. “It means a lot,” Knicks point guard Jalen Brunson said when asked what it was like to see the team’s offense produce at such a high level in the first half. “The ball is going in and we are making the right plays. We were able to get going early.” The Knicks made big changes this summer, trading for starters Mikal Bridges and Karl-Anthony Towns, in order to challenge the Boston Celtics in the Eastern Conference. After getting off to a less than auspicious start — including the suffering of an embarrassing loss in Boston in the season opener — the Knicks are showing some serious signs of figuring their team out. Tuesday night’s win was the Knicks’ third straight and their eighth in their last 10 games. Most important, it came against a good team. Despite being without forward Paolo Banchero, who has been sidelined since the start of November with a torn abdominal muscle, the Magic entered the game having won six straight and 12 of their last 13. The Knicks — who have the top-ranked offense in the NBA — led by 20 points at the end of the first half and by as many as 37 points in the game. The Knicks finished shooting 50.6% from the field and 42.9% from beyond the arc. Towns led the Knicks with 23 points and 15 rebounds. Josh Hart had a triple-double with 12 points, 13 rebounds and 10 assists. Brunson, who did not even play in the fourth quarter, had 21 points. All told, six Knicks players finished in double figures. “I love how unselfish we were,” Knicks coach Tom Thibodeau said. “I thought we made great reads. When we got into the paint, just making the extra pass and creating the right space. which got us going. When you do that, everyone finds rhythm and you are creating good shots for each other. It’s everyone working together, and I think that’s important.” The NBA introduced the in-season tournament last season as a way increase interest in the league before Christmas. While the tournament — whose most notable feature is its garish-colored courts — is hokey, contrived and ultimately means little as far as where a team is in the standings at the end of the year, there are coaches who believe it has some potential value as far as helping teams pull teams together. For example, few predicted that the sixth-seeded Pacers would make it to the Eastern Conference finals last season after upsetting Milwaukee in the first round and then beating the Knicks in a pivotal Game 7 at Madison Square Garden in the second. Pacers coach Rick Carlisle, however, has said his team became mentally prepared for the playoffs four months before they opened because of the success they enjoyed in getting to the finals of last year’s NBA Cup. “Our guys got a taste of what the elevated stage is all about,” Carlisle said. “It’s so important to have this experience, to feel the intensity, to feel the glare and the glow and find out what it means to be totally together in an effort to conquer it.” Thibodeau has been careful not to be critical of the in-season tournament. Still, it was clear in his pregame news conference that he doesn’t put any more emphasis on his team winning an in-season tournament game than he does on them winning any other regular-season game. “I think each team is different and you try to use it whatever way you can,” Thibodeau said when asked if it could motivate his team like it motivated Carlisle’s. “I think the big thing about our league is that they all count the same, so don’t get lost and distracted with the hoopla that this is a big game, you should win that game. It doesn’t work that way. You have to get ready every night. And you have to be prepared for your next opponent.” On Tuesday night, the Knicks were so ready on offense that there were times it took your breath away. No, this is not your parents’ Knicks. Barbara Barker is an award-winning columnist and features writer in the sports department at Newsday. She has covered sports in New York for more than 20 years.(Bloomberg) — Some of the biggest companies in France now have lower borrowing costs than the sovereign as credit traders fret about fiscal plans that risk toppling the government. Bonds issued by heavyweights including luxury fashion group LVMH Moët Hennessy Louis Vuitton SE, plane maker Airbus SE and industrial gases firm Air Liquide SA were indicated at lower yields than government bonds, according to data compiled by Bloomberg. The twist underscores how global companies, which can generate revenue worldwide, can slough off political risk concerns in their home countries. In France, Prime Minister Michel Barnier’s effort to tame widening budget deficits might result in his ouster, sending a measure of sovereign bond risk there to levels last seen during the euro-area debt crisis. “On Europe, what’s been worrying us is certainly France,” Ella Hoxha, head of fixed income at Newton Investment Management said at a Bloomberg Intelligence conference on Thursday. “It’s rare in markets that you see dislocations of the spreads that we saw in the summer and we’ve now re-established at a higher level.” It “doesn’t feel like things will be better over the next year.” Traders are more relaxed about the multinational groups because their reliance on exports means their borrowing costs haven’t been affected as badly as the state has been. Air Liquide, for example, only derived about 12% of its revenue last year domestically, data compiled by Bloomberg show. For LVMH, the maker of Fendi handbags and Krug champagne, it was about 8%. “Rather than driving fear of contagion, the widening in OAT spreads appears to have been treated as an idiosyncratic and transitory issue,” Goldman Sachs credit strategists including Lotfi Karoui wrote in a note to clients this week, referring to French government debt. An escalation of fiscal concerns “is a bigger risk to sentiment than weak growth.” Credit Edge Podcast: The $2 Trillion Opportunity In Home Equity Lending Political Risk Blue chip debt trading at yields below sovereign levels usually arises during times of elevated political concern. Some Italian corporates similarly saw their yields fall below the country’s government bonds in 2018 when populist leaders set a budget target that threatened the nation’s financial stability. Government debt is also more liquid and therefore easier to sell short, pushing its yields higher. This has practical implications for investors. The more government bonds lose ground, the more overvalued corporate bonds will appear. France still has a AA- credit score at S&P Global Ratings and Fitch Ratings, which is higher than around 95% of the €447 billion ($472 billion) French corporate bond market that’s rated, Bloomberg indexes show. However, because of the euro currency bloc, France’s debt does not typically act as the safe reference for company borrowings. That role is instead typically played by German bunds, regardless of the borrower’s domicile in the region. Spreads over that benchmark remain positive, reducing the chances of a rotation out of corporate credit and into government debt. French government bonds “are not bunds or US Treasuries. They are more of a soft rather than a hard valuation boundary for a corporate bond,” said Marco Stoeckle, head of credit strategy at Commerzbank AG. Week in Review On the Move —With assistance from Dan Wilchins.

Economic growth and added complexity sound like they would be good, but at some point, the combination gets to be too much–simplification is needed. Too much of the world’s income starts going to non-working individuals and to high-earning workers in privileged fields. Ordinary working citizens start to say, “Wait a minute, there is not enough left for my everyday expenses. The system needs to change.” Elections lead to the selection of politicians who want war, or who want to overturn the current system. The system then changes in a way that leads to less spending on healthcare and other complexities. if(window.innerWidthADVERTISEMENTfreestar.config.enabled_slots.push({ placementName: "oilprice_medrec_atf", slotId: "oilprice_medrec_atf" });';document.write(write_html);} In this post, I will try to explain a bit of the underlying problem and give some hints at what the simplification might look like. Part of the problem is too little energy supply. This is a problem that cannot be told to the public; it would be too distressing. In this post, I present the result of a recent academic study that has attempted to recalibrate the findings of the 1972 Limits to Growth study with updated data. Economies need both resources and human participants. Human populations tend to increase in number if conditions are favorable. When population grows, resources per capita, such as arable land and fresh water, tends to fall. Adding complexity helps an economy work around falling resources per capita. With added complexity, it is possible for resource extraction of many kinds to grow, at least for a time. Deeper wells can sometimes add more fresh water supply. Irrigation and fertilizer can be used to increase crop yields. International trade allows the possibility of getting resources from more distant lands. Adding debt allows factories to be built and to be paid for “after the fact,” using the sales of the goods produced by the factories. Ever-larger governments allow more roads, schools, and services of all kinds. The use of added complexity helps keep economies growing for a long time, but at some point, things start going wrong. Oil wells and other types of resource extraction become more expensive to build because the easiest to extract resources tend to be used first. Pollution becomes more of a problem. Universities start producing more graduates with advanced degrees than there are job openings paying enough to justify studying for those degrees. Healthcare costs become hugely expensive. Increasing interest on debt becomes a huge burden, both for governments and individual citizens. When added complexity reaches a limit, citizens sense a problem. They tend to vote the current governments out of power. Or they become rebellious in other ways. I think the world has already reached a complexity limit. When added complexity no longer has sufficient payback, the system seems to sense this and starts pushing economies in the opposite direction. Often, the wages of ordinary workers become too low, relative to the cost of living. They rebel and overthrow their governments. Or central governments may collapse, as the central government of the Soviet Union did in 1991. This happened after oil prices were low for an extended period. The Soviet Union was an oil exporter, depending on oil exports for tax revenue. Revenue from collectivized agriculture was underperforming, also. Thus, getting rid of a layer of government, or too many government programs, seems to be one common theme of simplification. Another issue today is international trade. Crude oil supplies per capita are low. Somehow, international trade (which uses crude oil) needs to be cut back. With inadequate total oil supplies available, it becomes very desirable to do manufacturing close to home, rather than at a distance. This is a major reason for the competition in manufacturing between the US and China. If the US can manufacture locally, it will provide jobs and save some of the limited world crude oil supply. Another issue is the oversupply of workers with advanced degrees, relative to the number of jobs requiring such degrees. A study released in early 2024 indicates that only about half of US college graduates are able to obtain a job requiring a college level degree within a year of graduation. In fact, the majority of those who cannot obtain a job requiring a college-level degree within a year after graduation remain underemployed 10 years after graduation. Pretty clearly, the number of college graduates needs to fall. I showed in Figure 1 that US healthcare costs are very high, but they have recently been on a plateau. Perhaps these high healthcare expenses might make sense if US life expectancies were longer than elsewhere, thanks to all this spending. In fact, US life expectancy at birth is lower than in any other advanced nation. The CIA Factbook ranks the US life expectancy as 49th from the top in 2024. Figure 3 (above) shows a chart I found several years ago, showing how US female life expectancy has been dropping, relative to other high-income countries. Figure 4 shows that US life expectancies have continued to fall relative to other advanced economies. Something is clearly going wrong with health in the United States. It is no wonder that Robert F. Kennedy, Jr. wants to “Make America Healthy Again.” There is also the question of the level of US healthcare spending, relative to GDP. The share for the US, from Figure 1, is about 17%. The shares for the EU, the UK, and Japan are each about 11% according to the World Bank. The share for Russia is about 7%; for China it is about 5%. Another issue mentioned in the introduction is the proportion of government spending that goes toward non-working individuals. The chart below shows how US Federal Government funds are spent. When the budget is prepared, often many of these programs are lumped together as “Mandatory Spending,” so we don’t see precisely what the spending is for. Typically, the arguments about spending are on the parts of the budget other than mandatory spending. The problem is that all parts need to be funded, one way or another. Social Security describes its program as largely pay as you go . Mostly, the payroll taxes collected from today’s workers are used to pay benefits to today’s recipients. Keeping the system working as it does today becomes a problem if the total amount of goods and services produced starts falling at some point. For example, if the total food supply at some point (say 2050) becomes too low, there is a question regarding which citizens should get inadequate food rations: the workers, or those receiving benefits under a pension program for the elderly. I would vote for the workers getting adequate food, if we expect them to continue to work. This issue suggests that at some point, the elderly may have to go back to work to get an adequate share of what is being produced. Donald Trump and his team clearly have a much different view of how the government should be operated than Joe Biden did. In particular, the new team would like to get rid of what they see as unneeded parts of the system. There seem to be many other parts of the world encountering somewhat similar political and funding difficulties. Germany is dealing with a collapse of government . France is facing political and budget crises . Even China’s economy is having huge difficulties . It is not only oil that is in short supply (Figure 2); coal is also in short supply, relative to world’s population (Figure 6). if(window.innerWidth ADVERTISEMENTfreestar.config.enabled_slots.push({ placementName: "oilprice_medrec_btf", slotId: "oilprice_medrec_btf" });`;document.write(write_html);} Uranium is in short supply, as well. The issue for uranium is that the world’s supply of nuclear warheads that could temporarily serve as a supplement to currently mined uranium is running short. These warheads belonged primarily to the US and to Russia, but Russia has sold a substantial amount of its warheads to the US, to be down-blended for use in nuclear power reactors. Without enough energy resources per person, the world will likely need to produce fewer goods and services in total. Some uses for energy products, and for the goods and services that can be made with energy products, need to disappear. Now, all parts of the world need to re-examine energy uses that are currently being made and look for uses that the economy can most easily get along without. For example, the step-down in oil consumption per capita that occurred in 2020 seems to be still having some effect. Some people are still working from home, saving oil that would be used for commuting. Some long-distance airline flights were eliminated, as well, particularly in Asia, reducing jet fuel consumption. The self-organizing economy tends to push the world in the direction of contraction. How this will work is not at all clear. Most people didn’t understand the response to Covid-19 as a way to cut back oil consumption. It is possible that future changes will, to some extent, come from cutbacks directed by government organizations that are as difficult to understand as the Covid-19 restrictions. The original 1972 analysis, in its base model, suggested that resources would start to run short about now. An article called, “ Recalibration of limits to growth: An update of the World3 model ” by Arjuna Nebel and others was published earlier this year in the Journal of Industrial Ecology . The summary exhibit of their findings is shown here as Figure 8. On Figure 8, Recalibration23 is the name given to the new model output. The BAU dotted line shows the indications from the base (business as usual) 1972 model. I found the coloring a little confusing, so I added the labels “Industrial Output” and “Population” to better mark what I consider the two most important model outputs. Food Production per capita is the green line, which is also important. The calculations are all made in terms of the weight of physical quantities of materials used, for the world as a whole. The financial system is not modeled. We do not know how accurate a forecast such as this is. I know that Dennis Meadows, who was the leader of the 1972 Limits to Growth analysis, has said that once peak was reached, we could not expect the model to necessarily hold. Even with this caveat, I find this forecast disturbing. Industrial output per capita (which would include things like automobiles, farm machinery, and computers) is shown as already steeply declining by 2025 in the updated model. This trend is much clearer than in the 1972 model. By 2050, industrial output per capita is a small fraction of the amount it was at peak. Food output per capita is shown to start dropping about 2025. Based on my understanding of the 1972 Limits to Growth analysis, this change might reflect a shift away from meat-eating, rather than simply fewer total calories per person. World population follows a curve similar to that of the 1972 Limits to Growth analysis with a peak in world population at perhaps about 2030. In the updated model, pollution has been modeled as CO2 levels. This is different from the mix of pollutants used in the original model. The peak comes around 2090. Figure 8 indicates that world industrial production is expected to be the first type of output to drop. This makes sense if energy supply is quite limited or is high-priced. Without adequate inexpensive energy supply, a country is likely to cut back on manufacturing its own goods. Instead, it tries to buy from countries with less expensive sources of energy supply. For example, US industrial production per capita has been falling since 1973. The year 1973 was the year when oil prices first spiked. US business leaders realized that changes were needed: A larger share of manufactured goods needed to be imported from countries with lower-cost fuel supply. Oil needed to be used sparingly because of its high cost. Coal, used heavily in Asia, was typically much cheaper. China took the lead in industrial production after it joined the World Trade Organization in 2001, but now it is running into obstacles. One issue is that China’s contribution to the world’s supply of goods is taking away high-paying jobs from other countries. Other countries are left with more low-paying service jobs. A second issue is that the US has become dependent upon China for critical materials, such as those used in military armaments. A third issue is that a great deal of China’s growth was financed by debt. As long as China’s exports were growing very rapidly, this was not a problem. But as growth has slowed, China’s debt has become difficult to repay with interest . The level of conflict between China and other countries has grown, in part because it has become clear that it is not possible for industry to grow rapidly both in China and elsewhere, indirectly because of fossil fuel and uranium limits. The US applies sanctions against some Chinese companies and China retaliates by hoarding scarce resources. These include minerals such as antimony, tungsten, gallium, germanium , graphite, and magnesium. The world is increasingly operating in a “not enough to go around” mode for scarce resources. At the same time, countries need to somewhat get along. So we get strange narratives in the press giving rationalizations for actions by both sides, without mentioning the shortage issue. Figure 8 shows that once industrialization drops, food production also begins to fall, but not as quickly. This makes sense because everyone recognizes that food is essential. The falling calories likely reflect people increasingly moving from meat to vegetable products. Somehow, world population becomes poorer, but the level of population does not drop nearly as rapidly as the drop in industrialization. These are a few ways simplification might take place: [a] High level government organizations might start disappearing . For example, the European Union might not get enough funding and would stop. Or something similar could happen to the International Monetary Fund or the World Trade Organization. [b] Programs that we expect to be funded by the US Federal Government might be handed over completely to the states , to be funded or not, as the finances of individual states permit. Examples might include Medicare, Medicaid, and even Social Security. [c] There could be major banking problems , perhaps simultaneously in many countries around the world. The debt bubble holding up stock markets could pop. Governments would try to compensate, but they might not be able to do enough. Or governments could inadvertently create hyperinflation if there is virtually nothing to buy with the newly printed money created to offset widespread bank failures. [d] There could be a great deal more sharing of homes and of apartments. The current arrangement of many single people living alone, either in an apartment or a stand-alone house could be replaced by many more roommate situations. Multi-generational families living together may become more common. [e] Healthcare may become much simpler and local. Instead of seeing an array of specialists at a distance, people may walk to a local health provider. Medications from around the world are likely to drop greatly in quantity. Government programs to care for the seriously disabled elderly seem likely to be scaled back. [f] Universities may be slimmed down greatly . There is no point in educating a huge number of individuals who cannot get jobs requiring a university degree. [g] The huge amount of effort that goes into taking care of lawns in the US may disappear . Instead, people will put more effort into growing crops locally. Some people may choose to raise chickens, as well. [h] International travel for pleasure will likely disappear, except perhaps for the very rich. Even business trips will become very uncommon. The amount of goods and services transported internationally seems likely to shrink. [i] Many types of optional activities that now take place by car may be replaced by more local versions, which will be reached by walking, or perhaps by bicycle. For example, visits to restaurants may largely disappear, but eating with nearby friends or relatives in homes may increase. Visits to churches may drop greatly, as they did during Covid-19 restrictions, but they may be replaced by groups meeting in homes. Gyms for recreation may disappear, but people may obtain more exercise from their gardens and their need to walk to appointments. [j] Very strange political leaders may take office. One person rule takes much less energy than transporting many representatives to a central location. Some of these leaders may take over as dictators. By Gail Tverberg via Our Finite World More Top Reads From Oilprice.com

Speaking at the 51st India Gem and Jewellery Awards in Jaipur, the Adani Group Chairman said, "Less than two weeks back, we faced a set of allegations from the US about compliance practices at Adani Green Energy. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger, and every obstacle becomes a stepping stone for a more resilient Adani Group." Published: November 30, 2024 10:40 PM IST By Edited by The Adani Group Chairman, Gautam Adani on Saturday spoke out on the recent allegations faced by him and other executives after being linked to an alleged bribery case in the US, saying that every attack has made the group stronger, and every obstacle becomes a stepping stone for a more resilient Adani Group. Speaking at the 51st India Gem and Jewellery Awards in Jaipur, the Adani Group Chairman said, “Less than two weeks back, we faced a set of allegations from the US about compliance practices at Adani Green Energy. This is not the first time we have faced such challenges. What I can tell you is that every attack makes us stronger, and every obstacle becomes a stepping stone for a more resilient Adani Group.” “The fact is that despite a lot of the vested reporting, no one from the Adani side has been charged with any violation of the FCPA or any conspiracy to obstruct justice,” the Adani Group Chairman added. The Adani Group Chairman also reflected on the consistent allegations made against his companies, including the attempt made by US short seller Hindenburg. “January last year, just as we were getting ready to launch our Follow-on Public Offering. We faced a short-selling attack initiated from abroad. This was not a typical financial strike; it was a double hit–targeting our financial stability and pulling us into a political controversy,” he said. “But even in the face of such adversity, our commitment to our principles remained strong. After successfully raising 20,000 crore rupees from India’s largest-ever FPO, we made the extraordinary decision to return the proceeds. We then further demonstrated our resilience by raising capital from several international sources and proactively reducing our Debt to EBITDA ratio to below 2.5 times, an unmatched metric in the global infrastructure space,” he added. Gautam Adani stated that the company’s all-time record financial results in the same year showcased its commitment to operational excellence. “Our all-time record financial results in the same year showcased our commitment to operational excellence. Not a single Indian or foreign credit rating agency downgraded us. Finally, the Supreme Court of India’s affirmation of our actions validated our approach,” he said. Gautam Adani also mentioned the 2010 controversy when the company made a move to invest in a coal mine in Australia. “The resistance from NGOs was huge and lasted almost a decade. In fact, it was so intense that we ended up funding the entire project of 10 billion dollars with our own equity. While we now have a world class operating mine in Australia and it could be seen as a great sign of our resilience, the fact is that 100% equity funding took away over 30 billion dollars of debt financing from our green energy projects,” he recollected. Gautam Adani further added that he had come to accept that the roadblocks were the price of pioneering. “I have come to accept that the roadblocks we face are the price of pioneering. The more bold your dreams, the more the world will scrutinize you. But it is precisely in that scrutiny that you must find the courage to rise, to challenge the status quo, and to build a path where none exists. To pioneer is to embrace the unknown, to break limits, and to believe in your vision even when the world cannot yet see it,” he asserted. In his speech the Adani Group chairman gave the audience three guiding thoughts, “First, embrace technology and sustainability as the twin pillars of progress.... Second, empower and uplift the skilled workforce at the heart of our transformation.... And finally, the future belongs to our youth. The younger generation brings fresh ideas, unshakeable energy, and a willingness to disrupt the old ways of thinking. We must nurture them.” “Let us create an India where the wisdom of tradition, and the promise of innovation come together to challenge the status quo. And let us move forward with confidence to create a future where India’s gems illuminate the world with their brilliance,” Gautam Adani concluded. For breaking news and live news updates, like us on or follow us on and . Read more on Latest on . TopicsButterball Turkey Recall Rumors Abound as PETA Video Resurfaces

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Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones Industrial Average notched another record high. The S&P 500 rose 0.3%. The benchmark index’s 1.7% gain for the week erased most of its loss from last week. The Dow rose 1% as it nudged past its most recent high set last week, and the Nasdaq composite rose 0.2%. Markets have been volatile over the last few weeks, losing ground in the runup to elections in November, then surging following Donald Trump's victory, before falling again. The S&P 500 has been steadily rising throughout this week to within close range of its record. It's now within about 0.5% of its all-time high set last week. “Overall, market behavior has normalized following an intense few weeks,” said Mark Hackett, chief of investment research at Nationwide, in a statement. Several retailers jumped after giving Wall Street encouraging financial updates. Gap soared 12.8% after handily beating analysts' third-quarter earnings and revenue expectations, while raising its own revenue forecast for the year. Discount retailer Ross Stores rose 2.2% after raising its earnings forecast for the year. EchoStar fell 2.8% after DirecTV called off its purchase of that company's Dish Network unit. Smaller company stocks had some of the biggest gains. The Russell 2000 index rose 1.8%. A majority of stocks in the S&P 500 gained ground, but those gains were kept in check by slumps for several big technology companies. Nvidia fell 3.2%. Its pricey valuation makes it among the heaviest influences on whether the broader market gains or loses ground. The company has grown into a nearly $3.6 trillion behemoth because of demand for its chips used in artificial-intelligence technology. Intuit, which makes TurboTax and other accounting software, fell 5.7%. It gave investors a quarterly earnings forecast that fell short of analysts’ expectations. Facebook owner Meta Platforms fell 0.7% following a decision by the Supreme Court to allow a multibillion-dollar class action investors’ lawsuit to proceed against the company. It stems from the privacy scandal involving the Cambridge Analytica political consulting firm. All told, the S&P 500 rose 20.63 points to 5,969.34. The Dow climbed 426.16 points to 44,296.51, and the Nasdaq picked up 42.65 points to close at 2,406.67. European markets closed mostly higher and Asian markets ended mixed. Crude oil prices rose. Treasury yields held relatively steady in the bond market. The yield on the 10-year Treasury fell to 4.41% from 4.42% late Thursday. In the crypto market, bitcoin hovered around $99,000, according to CoinDesk. It has more than doubled this year and first surpassed the $99,000 level on Thursday. Retailers remained a big focus for investors this week amid close scrutiny on consumer spending habits headed into the holiday shopping season. Walmart, the nation's largest retailer, reported a quarter of strong sales and gave investors an encouraging financial forecast. Target, though, reported weaker earnings than analysts' expected and its forecast disappointed Wall Street. Consumer spending has fueled economic growth, despite a persistent squeeze from inflation and high borrowing costs. Inflation has been easing and the Federal Reserve has started trimming its benchmark interest rates. That is likely to help relieve pressure on consumers, but any major shift in spending could prompt the Fed to reassess its path ahead on interest rates. Also, any big reversals on the rate of inflation could curtail spending. Consumer sentiment remains strong, according to the University of Michigan's consumer sentiment index. It revised its latest figure for November to 71.8 from an initial reading of 73 earlier this month, though economists expected a slight increase. It's still up from 70.5 in October. The survey also showed that consumers' inflation expectations for the year ahead fell slightly to 2.6%, which is the lowest reading since December of 2020. Wall Street will get another update on how consumers feel when the business group The Conference Board releases its monthly consumer confidence survey on Tuesday. A key inflation update will come on Wednesday when the U.S. releases its October personal consumption expenditures index. The PCE is the Fed's preferred measure of inflation and this will be the last PCE reading prior to the central bank's meeting in December.New York woman draws closer to solving 44-year-old mystery of her grandparents' disappearance

Six-time Super Bowl champion Bill Belichick interviewed for the head coaching job at North Carolina, Inside Carolina and the Raleigh News & Observer reported Thursday. According to the News & Observer, Belichick “blew them away in the interview,” yet he is not likely to move forward because he is pushing 73 years old and has no experience in the college game. After he and the New England Patriots agreed to part ways following a 24-year stint, Belichick interviewed for the head job with the Atlanta Falcons, who instead hired Raheem Morris. The North Carolina interview is the first known instance of Belichick showing interest in a college position. Belichick is expected to draw interest for NFL openings in the upcoming hiring cycle. The Tar Heels retained an outside advisory firm to identify coaching candidates to replace Mack Brown, whom they fired at the end of the regular season. North Carolina went 6-6, including 3-5 in the Atlantic Coast Conference. “We’ve had a tremendous response of people across the country, of agents calling us, coaches, people calling on behalf of other people that are in the industry,” North Carolina athletic director Bubba Cunningham said in an in-house interview the school posted online earlier this week. “We are very optimistic of where we are, the interest in our program is just extraordinary, and we’ll get a great coach to lead us. Who can lead us in the next three, five, 10 years? We need somebody that can come in and take us from good to great.”

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