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BEIRUT (AP) — Insurgents' stunning march across Syria accelerated Saturday with news that they had reached the gates of the capital and that government forces had abandoned the central city of Homs. The government was forced to deny rumors that President Bashar Assad had fled the country. The loss of Homs is a potentially crippling blow for Assad. It stands at an important intersection between Damascus and Syria’s coastal provinces of Latakia and Tartus — the Syrian leader’s base of support and home to a Russian strategic naval base. The pro-government Sham FM reported that government forces took positions outside Syria’s third-largest city, without elaborating. Rami Abdurrahman who heads the Britain-based Syrian Observatory for Human Rights, said Syrian troops and members of different security agencies have withdrawn from the city, adding that rebels have entered parts of it. The capture of Homs is a major victory for insurgents, who have already seized the cities of Aleppo and Hama , as well as large parts of the south, in a lightning offensive that began Nov. 27. Analysts said Homs falling into rebel hands would be a game-changer. The rebels' moves around Damascus, reported by the monitor and a rebel commander, came after the Syrian army withdrew from much of southern part of the country, leaving more areas, including several provincial capitals, under the control of opposition fighters. For the first time in the country’s long-running civil war, the government now has control of only three of 14 provincial capitals: Damascus, Latakia and Tartus. The advances in the past week were among the largest in recent years by opposition factions, led by a group that has its origins in al-Qaida and is considered a terrorist organization by the U.S. and the United Nations. In their push to overthrow Assad's government, the insurgents, led by the Hayat Tahrir al-Sham group, or HTS, have met little resistance from the Syrian army. The rapid rebel gains, coupled with the lack of support from Assad's erstwhile allies, posed the most serious threat to his rule since the start of the war. The U.N.’s special envoy for Syria, Geir Pedersen, on Saturday called for urgent talks in Geneva to ensure an “orderly political transition.” Speaking to reporters at the annual Doha Forum in Qatar, he said the situation in Syria was changing by the minute. Russian Foreign Minister Sergey Lavrov, whose country is Assad's chief international backer, said he feels “sorry for the Syrian people.” In Damascus, people rushed to stock up on supplies. Thousands went to Syria's border with Lebanon, trying to leave the country. Many shops in the capital were shuttered, a resident told The Associated Press, and those still open ran out of staples such as sugar. Some were selling items at three times the normal price. “The situation is very strange. We are not used to that,” the resident said, insisting on anonymity, fearing retributions. “People are worried whether there will be a battle (in Damascus) or not.” It was the first time that opposition forces reached the outskirts of Damascus since 2018, when Syrian troops recaptured the area following a yearslong siege. The U.N. said it was moving noncritical staff outside the country as a precaution. Syria’s state media denied social media rumors that Assad left the country, saying he is performing his duties in Damascus. He has had little, if any, help from his allies. Russia, is busy with its war in Ukraine . Lebanon’s Hezbollah, which at one point sent thousands of fighters to shore up Assad's forces, has been weakened by a yearlong conflict with Israel. Iran has seen its proxies across the region degraded by regular Israeli airstrikes. U.S. President-elect Donald Trump on Saturday posted on social media that that the United States should avoid engaging militarily in Syria. Pedersen said a date for talks in Geneva on the implementation a U.N. resolution, adopted in 2015, and calling for a Syrian-led political process, would be announced later. The resolution calls for the establishment of a transitional governing body, followed by the drafting of a new constitution and ending with U.N.-supervised elections. Later Saturday, foreign ministers and senior diplomats from eight key countries, including Saudi Arabia, Russia, Egypt, Turkey and Iran, along with Pederson, gathered on the sidelines of the Doha Summit to discuss the situation in Syria. In a statement issued late Saturday, the participants affirmed their support for a political solution to the Syrian crisis “that would lead to the end of military activity and protect civilians.” They also agreed on the importance of strengthening international efforts to increase aid to the Syrian people. Rami Abdurrahman, who heads the Britain-based Syrian Observatory for Human Rights, an opposition war monitor, said insurgents were in the Damascus suburbs of Maadamiyah, Jaramana and Daraya. Opposition fighters were marching toward the Damascus suburb of Harasta, he added. A commander with the insurgents, Hassan Abdul-Ghani, posted on the Telegram messaging app that opposition forces had begun the “final stage” of their offensive by encircling Damascus. HTS controls much of northwest Syria and in 2017 set up a “salvation government” to run day-to-day affairs in the region. In recent years, HTS leader Abu Mohammed al-Golani has sought to remake the group’s image, cutting ties with al-Qaida, ditching hard-line officials and vowing to embrace pluralism and religious tolerance. The shock offensive began Nov. 27, during which gunmen captured the northern city of Aleppo, Syria’s largest, and the central city of Hama , the country’s fourth largest city. Opposition activists said Saturday that a day earlier, insurgents entered Palmyra, which is home to invaluable archaeological sites had been in government hands since being taken from the Islamic State group in 2017. To the south, Syrian troops left much of the province of Quneitra including the main Baath City, activists said. Syrian Observatory said government troops have withdrawn from much of the two southern provinces. The Syrian army said in a statement that it carried out redeployment and repositioning in Sweida and Daraa after its checkpoints came under attack by “terrorists." The army said it was setting up a “strong and coherent defensive and security belt in the area,” apparently to defend Damascus from the south. The Syrian government has referred to opposition gunmen as terrorists since conflict broke out in March 2011. The foreign ministers of Iran, Russia and Turkey, meeting in Qatar, called for an end to the hostilities. Turkey is a main backer of the rebels. Qatar's top diplomat, Sheikh Mohammed bin Abdulrahman Al Thani, criticized Assad for failing to take advantage of the lull in fighting in recent years to address the country’s underlying problems. “Assad didn’t seize this opportunity to start engaging and restoring his relationship with his people,” he said. Sheikh Mohammed said he was surprised by how quickly the rebels have advanced and said there is a real threat to Syria’s “territorial integrity.” He said the war could “damage and destroy what is left if there is no sense of urgency” to start a political process. Karam reported from London. Associated Press writers Albert Aji in Damascus, Syria; Qassim Abdul-Zahra in Baghdad; and Josef Federman and Victoria Eastwood in Doha, Qatar, contributed to this report.

Atria Investments Inc Takes Position in Donnelley Financial Solutions, Inc. (NYSE:DFIN)Atria Investments Inc lifted its position in shares of Abercrombie & Fitch Co. ( NYSE:ANF – Free Report ) by 5.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,564 shares of the apparel retailer’s stock after acquiring an additional 80 shares during the period. Atria Investments Inc’s holdings in Abercrombie & Fitch were worth $219,000 as of its most recent filing with the Securities and Exchange Commission. A number of other large investors have also recently modified their holdings of the business. Matrix Trust Co bought a new position in Abercrombie & Fitch in the 2nd quarter valued at approximately $35,000. Farther Finance Advisors LLC grew its stake in shares of Abercrombie & Fitch by 81.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after acquiring an additional 123 shares in the last quarter. Quarry LP boosted its position in Abercrombie & Fitch by 156.0% in the second quarter. Quarry LP now owns 279 shares of the apparel retailer’s stock worth $50,000 after purchasing an additional 170 shares during the last quarter. CWM LLC increased its position in shares of Abercrombie & Fitch by 242.6% during the 2nd quarter. CWM LLC now owns 531 shares of the apparel retailer’s stock valued at $94,000 after purchasing an additional 376 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Abercrombie & Fitch by 39.2% during the third quarter. GAMMA Investing LLC now owns 788 shares of the apparel retailer’s stock worth $110,000 after buying an additional 222 shares during the last quarter. Analysts Set New Price Targets A number of research firms have recently weighed in on ANF. Telsey Advisory Group reissued an “outperform” rating and set a $190.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, September 11th. UBS Group raised their price target on Abercrombie & Fitch from $165.00 to $170.00 and gave the stock a “neutral” rating in a report on Thursday, November 14th. Jefferies Financial Group boosted their price objective on Abercrombie & Fitch from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Morgan Stanley dropped their price objective on Abercrombie & Fitch from $155.00 to $147.00 and set an “equal weight” rating on the stock in a report on Thursday, August 29th. Finally, JPMorgan Chase & Co. upped their price target on Abercrombie & Fitch from $194.00 to $195.00 and gave the company an “overweight” rating in a research report on Friday, October 4th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Abercrombie & Fitch has an average rating of “Moderate Buy” and an average target price of $177.43. Abercrombie & Fitch Price Performance Shares of ANF opened at $151.99 on Friday. Abercrombie & Fitch Co. has a 1-year low of $72.13 and a 1-year high of $196.99. The company has a market capitalization of $7.76 billion, a P/E ratio of 16.10 and a beta of 1.50. The firm’s 50 day simple moving average is $142.72 and its 200 day simple moving average is $153.13. Abercrombie & Fitch ( NYSE:ANF – Get Free Report ) last posted its quarterly earnings data on Wednesday, August 28th. The apparel retailer reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.36. Abercrombie & Fitch had a net margin of 10.76% and a return on equity of 47.35%. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.09 billion. On average, equities analysts anticipate that Abercrombie & Fitch Co. will post 10.35 earnings per share for the current year. Insiders Place Their Bets In other news, CFO Scott D. Lipesky sold 9,000 shares of the business’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $146.80, for a total value of $1,321,200.00. Following the completion of the sale, the chief financial officer now owns 106,455 shares of the company’s stock, valued at approximately $15,627,594. The trade was a 7.80 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link . Also, Director Helen Mccluskey sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $139.38, for a total value of $487,830.00. Following the transaction, the director now owns 37,470 shares in the company, valued at approximately $5,222,568.60. The trade was a 8.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 31,541 shares of company stock valued at $4,310,256 over the last 90 days. Insiders own 2.58% of the company’s stock. Abercrombie & Fitch Company Profile ( Free Report ) Abercrombie & Fitch Co, through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brands. Featured Articles Five stocks we like better than Abercrombie & Fitch How to Most Effectively Use the MarketBeat Earnings Screener Vertiv’s Cool Tech Makes Its Stock Red-Hot How to Know if a Stock Pays Dividends and When They Are Paid Out MarketBeat Week in Review – 11/18 – 11/22 How to Choose Top Rated Stocks 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for Abercrombie & Fitch Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch and related companies with MarketBeat.com's FREE daily email newsletter .Israeli hospital says Netanyahu has undergone successful prostate surgery

Uttar Pradesh, Dec 11: Lieutenant Governor (LG) Manoj Sinha today said that India has emerged as one of the global leaders in new inventions. He urged the youth to translate their ideas into socially useful and commercially viable applications. According to an official press release, LG Sinha was addressing the young innovators participating in “Smart India Hackathon 2024 – Hardware Edition” Grand Finale at Galgotias University, Greater Noida. The Chancellor of the Galgotias University, on the request of Lieutenant Governor, announced 50 percent scholarship for the students from J&K. In his keynote address, the Lieutenant Governor commended the pioneer initiative by Government of India, celebrating the spirit of innovation and collaboration, and providing a dynamic platform for brightest minds of the country to develop and showcase their creative solutions to real-world problems. “I see Smart India Hackathon as a powerful instrument to bridge the gap between educational institutions and industries,” the Lieutenant Governor said. In the next four days during the Hackathon, participants from across the country will work on critical problem statements to develop successful innovation. Highlighting the transformation in innovation landscape of the country in the past 10 years, under the leadership of Prime Minister Narendra Modi, the Lieutenant Governor said, India has emerged as one of the global leaders in new inventions, which are seen as critical to the future well-being of society and to drive the nation’s economic growth. On the occasion, the Lieutenant Governor called upon the youth to translate their ideas into socially useful and commercially viable applications and ensure that fruits of new inventions reach all sections. “Your courage, dedication, talent and zeal to explore the unknown will give new impetus to the journey of Developed India,” the Lieutenant Governor told the youth. “We need cutting edge technologies to be the leading nation in technological inventions and at the same time we need environment-friendly innovations for sustainable development. To achieve the goal of Developed Nation by 2047, we need knowledge, capability and commitment of innovators, collaborations, support for new ideas, discoveries, marketing and commercialization of innovations,” the Lieutenant Governor said. He said new innovations are touching the lives of common man in ways that “we cannot even fully imagine today.” “ Our focus should also be on innovations that would benefit society at large like water and energy conservation, waste management, precision agriculture and e-governance,” he added. He also asked the young innovators to explore diverse areas in Agriculture sector pertaining to soil health, pest infestation, climate change, real time data etc. The Lieutenant Governor emphasised that inclusive development and economic growth should be the main aim behind every innovation. “Innovation should lead us to social change and drive India’s economic growth. Augmented Reality (AR) in Industry 4.0 technology should contribute to design, product development, maintenance and quality control in different sectors and help our manufacturers and find solutions to their operational problems and production downtime,” the Lieutenant Governor said. He further highlighted that better system integration and smart factories will be the most dynamic aspect of Industry 4.0 involving physical equipment and digital tools and also it will be the best example of collaboration between human and technology. “For Industry 4.0 Factories and to mitigate the social challenges of food, water, environment and energy, we need intelligent and integrated devices. All the core components of Industry 4.0 technologies, Internet of Things, Big Data, Augmented Reality, Cloud Computing, Artificial Intelligence, Advanced Robotics, additive manufacturing and Simulation will profoundly impact traditional area of space, atomic energy and defence technologies,” he said. The Lieutenant Governor underscored the need to strengthen the partnership between academia, industry and policymakers to provide solutions to the challenges of society and the nation. He further asked the mentors and faculty members to encourage students to focus on “Problem First” and promote entrepreneurship ecosystem in the Universities’ campuses. The Lieutenant Governor also emphasised the role of educational institutions in establishing India as a Knowledge economy and stressed on implementation of National Education Policy 2020 in letter and spirit.

Kraken co-owner Bonderman dies at age 82Boston, MA, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Almond FinTech, a leading B2B provider in cross-border payments, has won CrossTech’s “2024 Crypto Payments Solution in the Cross-Border Industry,” earning this honor for the second consecutive year and reinforcing its role as an industry pioneer. Left to right Almond Team (Howard Davidson, Adam Swartzbaugh, Darren Bruce, Hector Santiago) Over the past year, Almond has made significant advancements to its proprietary Settlement Optimization Engine (SOE), enhancing its ability to remove barriers in global financial transactions. The SOE leverages crypto as a bridge currency, using advanced data aggregation to recommend the best possible currency exchange rate in real time, ensuring faster, more affordable, and transparent cross-border payments while reducing risk. Operating in 10 countries and supporting over 30 digital currencies, Almond continues to address critical financial challenges globally. "Receiving this award is a testament to our team's relentless commitment to pushing the boundaries of financial technology,” says Almond CEO and Co-Founder Adam Swartzbaugh. “We've always believed that true innovation comes from understanding our customers' deepest needs and creating solutions that not only solve their current problems, but anticipate future challenges. This award validates our mission and the hard work we’ve put in each and every day.” This recognition underscores Almond’s role as a thought leader in the industry, a position further highlighted by Swartzbaugh’s participation as a panelist at CrossTech for Business Payments: The New Revenue Stream for Remittance Companies. The session explored how remittance companies are evolving from P2P to B2B payments, driving ecosystem expansion, new revenue streams, and adaptation to the global financial landscape. Moderated by CrossTech CEO Hugo Cuevas-Mohr, the panel also featured Daniel De Michele (Remitly) and Mark Corritori (Mastercard). “CrossTech is proud to honor Almond FinTech’s groundbreaking innovation in cross-border payments. Their use of crypto technology to enhance transparency, speed, and affordability is revolutionizing how businesses and individuals connect globally, creating a transformative impact on the cross-border payment landscape.” - Priscilla D’Oliveira, COO, CrossTech. About CrossTech The CrossTech Innovation Awards honor organizations and leaders transforming the cross-border payments industry through creative and groundbreaking solutions. Learn more about the awards at www.crosstechpayments.com . About Almond FinTech Almond is a B2B fintech company transforming cross-border payments by empowering financial institutions and their customers with the best possible rates and near-instant settlements across all corridors globally. With Almond technology, institutions can guarantee fast, affordable, and transparent cross-border transactions. Visit www.almondfintech.com for more information.Democrats say they'll avoid election challenges on Jan. 6