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Pelican Press

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  1. US Treasury Department says it will not enforce anti-money laundering law US Treasury Department says it will not enforce anti-money laundering law (Reuters) – The U.S. Treasury Department said on Sunday it would not enforce an anti-money laundering law that obliges millions of business entities to disclose the identities of their real beneficial owners. The Trump administration has opposed the Biden-era Corporate Transparency Act on the grounds that it is a burden on low-risk entities. The act has faced repeated legal challenges. In a statement, the Treasury Department said it would not enforce any penalties under the act against U.S. citizens or domestic reporting companies. “Treasury takes this step in the interest of supporting hard-working American taxpayers and small businesses,” it said, adding that it intended to issue a rule to narrow the scope of the act to foreign reporting companies. The measure’s supporters say it was designed to address the growing popularity of the United States as a venue for criminals to launder illicit funds. (Reporting by David Ljunggren; Editing by Jamie Freed) Source link #Treasury #Department #enforce #antimoney #laundering #law Pelican News View the full article at [Hidden Content]
  2. Hulu outage reported as Oscars 2025 begin leaving some Hollywood fans in the dark – The Independent Hulu outage reported as Oscars 2025 begin leaving some Hollywood fans in the dark – The Independent Hulu outage reported as Oscars 2025 begin leaving some Hollywood fans in the dark The IndependentView Full Coverage on Google News Source link #Hulu #outage #reported #Oscars #leaving #Hollywood #fans #dark #Independent Pelican News View the full article at [Hidden Content]
  3. Walker, Graham train in bid to start season for Souths Walker, Graham train in bid to start season for Souths Cody Walker and Campbell Graham are firming to play for South Sydney in round one, as the Rabbitohs consider flying to Queensland early to avoid travel disruption from Cyclone Alfred. With Friday night’s NRL clash with the Dolphins under threat due to rain and heavy winds, Souths attempted to take a business-as-usual approach on Monday. Walker (calf) and Graham (hand) both trained at the club’s Heffron Park base, with the latter allaying initial fears he could miss the opening month of the season. Jai Arrow is certain to return from his shoulder surgery after missing the pre-season trials, and is set to play on one edge with Keaon Koloamatangi on the other. That will leave Tallis Duncan and ex-Dolphin Lachlan Hubner vying for the No.13 jersey, following Cameron Murray’s season-destroying Achilles rupture. “Those boys are more than capable,” Arrow said. “Tallis showed what he can do at 13, he is good with ball in hand. He is aggressive, doesn’t mind the niggly and tough stuff. He will get his opportunity there. “Lachy Hubner will be like a bull out of gate. What he brings defensively and with his energy, he will be there to be aggressive and play some footy.” Walker and Graham’s participation in training on Monday comes as a significant boost to Wayne Bennett’s Souths side who have endured a horror pre-season. Jye Gray will play fullback after Latrell Mitchell’s hamstring tear ruled him out of the opening six rounds, while Isaiah Tass will move to the wing outside Graham. Jamie Humphreys and Jayden Sullivan both trained in the halves on Monday, with English import Lewis Dodd failing to impress in pre-season trials before being suspended. “It hasn’t been ideal to lose players, but we’ve probably handled it better than anyone in the NRL with the amount of players we’ve lost,” Arrow said. “We’re excited with the boys that come in and hopefully make those positions their own for the time being. “We handled it really well. It happened in a five-minute span at training losing Cam and Latrell. We had to move on pretty quickly, and we feel like we’ve done that.” Rabbitohs bosses are in contact with the NRL about travel plans for Friday’s game, with Cyclone Alfred forecast to hit on Thursday or Friday. Beyond the damaging winds, the system is expected to bring daily rainfall of up to 600mm. A Test between Australia and New Zealand at Suncorp Stadium in 2015 was postponed when 100mm of rain fell in a day. Souths and the Dolphins will meet twice this year, but swapping venues is not an option with Sydney’s Accor Stadium covered in asphalt for the Race of Champions this weekend. “I don’t know if we’re going up Wednesday or Thursday yet,” Arrow said. “But if it is going to hit Thursday arvo, I am not flying in the cyclone, I know that much.” Source link #Walker #Graham #train #bid #start #season #Souths Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  4. Ministers outline plans to ban new leasehold flats Ministers outline plans to ban new leasehold flats Ministers have outlined plans to abolish the leasehold system in England and Wales. Proposals to change the law would ban the ***** of new leasehold flats. Under the leasehold system, third-party landlords known as freeholders own the building and a leaseholder buys the right to occupy a flat within it for a fixed time *******. The government said it wanted to move to a way of building homes that was more in line with the rest of the world, known as commonhold, where homeowners owned a share of and had control over buildings they lived in. But freeholders said leasehold was the “most effective way of managing large complex apartment buildings”. A white paper published on Monday stated the ***** of new leasehold flats would be banned and commonhold “reinvigorated” with a new legal framework. A draft Leasehold and Commonhold Reform Bill – including the detail of how the new system would work – will be published later this year, the government has said. New legislation would apply to England and Wales, where there are around five million leasehold homes. Housing Minister Matthew Pennycook said reforms would put an end to “unfair practices and unreasonable costs at the hands of landlords”. Leaseholders can feel like they have no control over costs for repairs and maintenance of the outside of their building. Around 1,000 people contacted the BBC after a BBC investigation about service charges in leasehold blocks last year. Housing Minister Matthew Pennycook plans ban leasehold newbuilds [BBC] Kasia Tarker bought a one-bedroom flat in Southall, West London, in 2022. Her service charge bills have increased from roughly £65 per month in 2022 to more than £200 per month this year. She said she felt helpless and could not afford the charges. “I am going have to try and sell the flat or become homeless, I don’t know what I am going to do.” FirstPort, who took over management of Kasia’s development in 2023, said the “increases in areas such as insurance and health and safety costs” were beyond its control. Kasia said she would like more control over her service charges but the government’s commonhold proposals were for new builds, so would not help her in her current situation. Flat-owner Kasia Tarka says she doesn’t know what to do about a “massive” increase in costs [BBC ] Jean Hopkin, another leaseholder who got in touch with the BBC, said the service charge for her three-bedroom flat in Sheffield had increased 356% – from £106 a month to £483 in four years – and was unsellable because of the high charges. Jenny Baker in Southampton is also struggling to find buyers because of “unjustified” service charges that have gone up to £7,200 a year. “The state of the apartment block is just terrible. The windows don’t get cleaned and there’s ****** mould on the outside of the building – what on earth am I paying for? “I feel stuck – I can never come out of it. I feel like I have absolutely no control, and it makes me feel really anxious.” Rendall & Rittner, which manage Jean and Jenny’s buildings, said the company did “not profit from or mark up any costs”. According to property company Hamptons, the amount of money leaseholders pay for communal maintenance and services in their building has risen by 11% in England and Wales between 2023 and 2024 to an average of £2,300. Companies responsible for managing buildings have said a rise in costs can be attributed to legitimate expenses including energy prices and higher inflation rates but many leaseholders felt the costs were unfair. Under the current system, it is the freeholder or landlord that appoints a managing agent. Under a commonhold system, residents would have more autonomy over what they pay and who they appoint to do maintainence, the government said. What is the difference between leasehold and commonhold? A leasehold property reverts to the freeholder after a fixed amount of time. A commonhold property is owned outright, like a freehold house. Under commonhold, homeowners have a say on the annual budget for their building. Under the leasehold system, a freeholder or landlord sends a bill to residents for communal costs. The residents will be able to hire and fire a managing agent. There is no ground rent charge in a commonhold property. Forfeiture is not possible under commonhold, meaning a resident cannot be threatened with losing their home. Natalie Chambers, director of the Residential Freehold Association (RFA), said the measures “should not be seen as a trade-off between leasehold and commonhold”. “Millions of leaseholders across the country are perfectly content with the tenure and we firmly believe that leasehold is the most effective way of managing large complex apartment building.” She added that a commonhold system would mean “residents would face greater financial and legal responsibilities for block maintenance and management”. ‘Significant step’ The National Leasehold Campaign (NLC) said it was “delighted” about the announcement and called today’s white paper is a significant step forward. But NLC founder Katie Kendrick said it was “paramount” that those currently living in leasehold buildings were not forgotten. She said: “While focusing on preventing future leasehold abuses is crucial, it’s equally vital to address the plight of existing leaseholders currently bound by the inequitable leasehold system. “Commonhold conversion mechanisms are essential to offer an escape route for those trapped.” Mr Pennycook said the government would “continue to implement reforms to help millions of leaseholders who are currently suffering”. Additional reporting by ***** Thompson Source link #Ministers #outline #plans #ban #leasehold #flats Pelican News View the full article at [Hidden Content]
  5. Oscars 2025 live updates: James Bond tribute celebrates 'our favorite spy,' 'Anora' and 'Conclave' nab early awards and a list of winners – Yahoo Entertainment Oscars 2025 live updates: James Bond tribute celebrates 'our favorite spy,' 'Anora' and 'Conclave' nab early awards and a list of winners – Yahoo Entertainment Oscars 2025 live updates: James Bond tribute celebrates ‘our favorite spy,’ ‘Anora’ and ‘Conclave’ nab early awards and a list of winners Yahoo EntertainmentView Full Coverage on Google News Source link #Oscars #live #updates #James #Bond #tribute #celebrates #039our #favorite #spy039 #039Anora039 #039Conclave039 #nab #early #awards #list #winners #Yahoo #Entertainment Pelican News View the full article at [Hidden Content]
  6. Government continues to rule out direct talks with M23 Government continues to rule out direct talks with M23 Despite growing international pressure, the Democratic Republic of Congo is standing firm on its decision not to have direct talks with the M23 rebel group that has made major advances in the east of the country in recent months. Last week, the *** government added to calls for the group to be part of an “inclusive dialogue” to help find a political solution to the conflict. But in an interview with the BBC, DR Congo Prime Minister Judith Suminwa Tuluka said her government wants to negotiate with neighbouring Rwanda, which it accuses of backing the M23. At least 8,500 people have been killed since fighting escalated in January, according to the Congolese authorities. Hundreds of thousands have also been forced from their homes amid the chaos triggered by the fighting, in which UN experts and others see Rwanda as having a key role. “The fact remains that the aggressor of the territorial integrity and of the sovereignty of the Democratic Republic of Congo is Rwanda,” Suminwa Tuluka said, citing a UN experts’ report from last year that stated that between 3,000 and 4,000 Rwandan troops had crossed into Congolese territory and were fighting alongside the M23. Peace talks brokered by Angola hit a deadlock last December after Rwanda demanded that the Congolese government talk directly to the M23. The rebel group then advanced swiftly, taking control of the cities of Goma and Bukavu in January and February. At a joint East and Southern African mediation effort last month, regional leaders called for a ceasefire, the exit of “uninvited foreign armed forces” from Congolese territory and also urged for direct negotiations between “state and non-state parties… including M23”. Rwandan President Paul Kagame did not deny the presence of his troops in DR Congo when asked about it. “I don’t know,” he said in a CNN interview. The conflict across the border has seen his country, often viewed as a darling of the West, now lose favour fast across the board. Pressure is mounting on it to withdraw its forces from Congolese soil. “But it has not yet effectively done so,” Suminwa Tuluka said. She welcomed US sanctions imposed on Rwandan government minister James Kabarebe, saying they would help “put pressure on the aggressors”. Rwanda, however, dismissed them as “unjustified and ineffective in resolving the crisis”. The European Commission for its part has suspended “defence consultations” and placed “under review” a memorandum of understanding it signed last year with Rwanda on raw materials. The Congolese prime minister welcomed the EU Commission’s decisions, saying that “the ******** exploitation of resources – that is one of the causes of the conflict”. DR Congo accuses Rwanda of illegally exploiting its mineral deposits in the east of the country, which Rwanda denies. Adding to the chorus against Rwanda, the *** said last week that among other measures it would pause aid except the money meant for the poorest and most vulnerable groups, unless the country withdraws its troops, engages “meaningfully” in talks and a ceasefire is achieved. Rwanda described the decision as “punitive”, saying it was unreasonable to expect it to compromise its national security. The Congolese prime minister said that Rwanda was ignoring all the calls to withdraw its troops. “So, who is standing in the way of [resolving the conflict]? It is not the Congolese government,” she argued. Rwanda has previously acknowledged deploying its forces “defensively and offensively” during the ongoing conflict, claiming the right to defend its territory. It has also repeatedly accused the Congolese government of harbouring and working with the militant group the Democratic Forces for the Liberation of Rwanda (FDLR), whose members include fighters from the 1994 Rwandan genocide. Asked about that, Suminwa Tuluka denied that the Congolese army works with FDLR rebels, but said her country would engage in a process of “neutralising” the militants. When it came to what would solve the problem if direct talks with the M23 were ruled out, the prime minister said that along with negotiating with Rwanda, the answer was simple for what would guarantee a ceasefire. “Ensure that Rwandan troops withdraw from Congolese territory and that their M23 stop killing the Congolese populations,” she said. Source link #Government #continues #rule #direct #talks #M23 Pelican News View the full article at [Hidden Content]
  7. Hyundai ix35 recalled due to fire risk Hyundai ix35 recalled due to fire risk Almost 9000 examples of the Hyundai ix35 have been recalled as they pose a fire risk. “Due to a manufacturing defect, brake fluid may leak into the Antilock Braking System (ABS) control module,” Hyundai Australia says in its recall notice. “This could cause an electrical short circuit leading to a vehicle engine compartment fire while parked or driving. “A vehicle fire could increase the risk of an accident causing serious injury or death to vehicle occupants, other road users, bystanders and/or damage to property. Hundreds of new car deals are available through CarExpert right now. Get the experts on your side and score a great deal. Browse now. Camera IconSupplied Credit: CarExpert “Note: Affected vehicles should be parked in an open space and away from flammable materials and structures, i.e. not in a garage until the rectification is carried away,” the recall notice continues. “If your vehicle displays an engine warning light, please stop driving and contact your local Hyundai dealer.” In recent years, Hyundai has issued similar recalls for other vehicles such as the Veloster and Tucson. Camera IconSupplied Credit: CarExpertA total of 8794 vehicles are affected from 2012 to 2013The Vehicle Identification Number (VIN) list is attached hereThe original recall notice is attached here If you own an affected vehicle, you’ll need to contact an authorised Hyundai dealership and schedule an appointment to have the rectification work carried out free of charge. If you have any further questions, you can contact the Hyundai Customer Experience Team on 1800 186 306. Source link #Hyundai #ix35 #recalled #due #fire #risk Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  8. Amazing Milky Way photo shows Earth from a unique perspective Amazing Milky Way photo shows Earth from a unique perspective Yahoo is using AI to generate takeaways from this article. This means the info may not always match what’s in the article. Reporting mistakes helps us improve the experience.Generate Key Takeaways When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Don Pettit Milky Way photography can yield some stunning shots from here on Earth. But what if you had a vantage point at some 400km elevation? This image captured from the International Space Station gives a totally different perspective of our place in the galaxy. The photo was captured by astronaut Don Pettit on January 29 when the ISS was about 265 miles above the Pacific Ocean. It was taken a moment before sunrise while the Earth was still in darkness. The Milky Way is seen side on so we see across its diameter, while a thin strip of light marks the edge of Earth’s atmosphere (suffice it to say, this wasn’t captured on one of the best camera phones). Credit: Don Pettit I’d love to know more details on this specific shot. But like other images that Don has captured from the ISS, it appears to have been shot using his homemade orbital tracker to allow a long exposure without blurring the stars – hence the blur of the Earth’s rotation while the Milky Way looks pin sharp. For other photos, Don has shared details of his setup and settings on Reddit. He tends to use a Nikon Z9 with the Sigma 14mm f1.4 and exposure lengths of around 10 sec at f1.4 and ISO 12800. He’ll then adjust levels, gamma, contrast and color in Photoshop, being careful to make sure the colours are natural. Check out his setup in the Reddit post below! In many of Don’s shots, the world looks very different to how we’re used to seeing it from space all blue and green when it’s lit by the sun. It’s really striking to see the atmospheric airglow that appears to form a border between our world and space beyond. Don is part of NASA’s Expedition 72 crew, which also includes astronauts and Suni Williams, Butch Wilmore and Nick Hague, who are now expected to return to Earth this month. He took the photo a day before Williams and Wilmore did an epic spacewalk lasting 5.5 hours. For more astro magic, see our roundup of optical illusions in space and the NASA Pride flag. Source link #Amazing #Milky #photo #shows #Earth #unique #perspective Pelican News View the full article at [Hidden Content]
  9. China’s February factory activity expands at fastest pace in three months, private survey finds China’s February factory activity expands at fastest pace in three months, private survey finds Workers weld acid batteries at the Leoch International Technology Ltd. factory in Saltillo, Coahuila, Mexico, on Monday, Oct. 7, 2024. Mauricio Palos | Bloomberg | Getty Images China’s factory activity expanded its its fastest pace in three months to 50.8 in February, a private-sector survey showed on Monday. The seasonally adjusted Caixin/S&P Global manufacturing purchasing managers index beat the Reuters poll forecast of 50.3. The private-sector manufacturing PMI has stayed above the 50 threshold that separates expansion from contraction since last October. But it edged lower to 50.1 in January, from 50.5 last December and 51.1 last November. This private survey reading followed the official manufacturing PMI released on Saturday, which indicated that China’s factory activity expanded last month at the fastest pace in three months. The official PMI rose to 50.2 in February from 49.1 in January, according to the National Bureau of Statistics. The non-manufacturing PMI, which includes services and construction, also climbed to 50.4 from 50.2 in January. The figures came as economists flagged that fresh U.S. tariffs could pressure the country’s manufacturing activity and dent exports this year as exporters concerned about tariffs coming into effect had rushed to front-load their shipments. U.S. President Donald Trump last week announced to impose additional 10% tariffs on ******** goods — on top of the 10% he levied on China on Feb. 4. Trump had threated 60% tariffs on China on his campaign trail. The additional tariffs are scheduled to take effect on March 4, coinciding with a high-profile annual gathering in Beijing where ******** authorities are expected to unveil economic targets and fresh policy support. The leadership is expected to acknowledge a significant softening in domestic demand while revealing highly anticipated details on fiscal stimulus aimed at shoring up growth in the face of heightened trade tensions. China’s commerce ministry urged the U.S. on Friday to resume negotiations as soon as possible, while warning of retaliation. The world’s second-largest economy has struggled to boost growth amid tepid domestic demand and a prolonged real estate downturn, leaving exports as a key driver of growth. This is breaking news. Please check back for more. Source link #Chinas #February #factory #activity #expands #fastest #pace #months #private #survey #finds Pelican News View the full article at [Hidden Content]
  10. Kieran Culkin wins best supporting actor at the Oscars, completing his sweep – The Associated Press Kieran Culkin wins best supporting actor at the Oscars, completing his sweep – The Associated Press Kieran Culkin wins best supporting actor at the Oscars, completing his sweep The Associated PressView Full Coverage on Google News Source link #Kieran #Culkin #wins #supporting #actor #Oscars #completing #sweep #Press Pelican News View the full article at [Hidden Content]
  11. Eight Games Leaving Xbox Game Pass in March 2025 Eight Games Leaving Xbox Game Pass in March 2025 Profchaos43m ago I think this highlights why retail and physical is important. Outside of the dollar store PlayStation 2 and Wii games you are never going to encounter asset flips and shoddy releases at a proper gaming retail store. I can’t recall a time where there wasn’t some real scummy games on digital storefronts outside of the first maybe 2 months when Xbox and PlayStation started selling games digitally. Today it feels laboureous and tiring navigating even just the on ***** categories in all digital storefronts between the low quality shovelware the outright scams and the million editions of a single game and it’s thousands of monetisation packs just seeing games is a chore. I’d prefer a filter to select game by Capcom or game by ***** as a example Source link #Games #Leaving #Xbox #Game #Pass #March Pelican News View the full article at [Hidden Content]
  12. Police called to control crowds as thousands flock to new discount store Police called to control crowds as thousands flock to new discount store It was pandemonium at a highly anticipated Temu-style discount store, with thousands of eager shoppers flocking to check out the retailer’s grand opening. Source link #Police #called #control #crowds #thousands #flock #discount #store Pelican News View the full article at [Hidden Content]
  13. Earth shines over the moon in amazing 1st photos from private Blue Ghost lander. ‘We’re all in that picture.’ Earth shines over the moon in amazing 1st photos from private Blue Ghost lander. ‘We’re all in that picture.’ When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Firefly Aerospace Firefly Aerospace’s Blue Ghost lander may have only just touched down on the moon, but it’s already beaming home spectacular views of Earth from the lunar surface after a historic landing today (March 2). These incredible images from the moon taken by the private Blue Ghost lander were shared by its builder, Firefly Aerospace, just hours after the lunar landing. Blue Ghost touched down in Mare Crisium (the Sea of Crises), after deftly performing two hazard avoidance maneuvers and achieving a precision landing within 328 feet (100 meters) of its target zone near the volcanic feature Mons Latreille. Firefly Aerospace’s Blue Ghost landing was widely celebrated. | Credit: NASA/Firefly Aerospace “This is an incredibly challenging technical feat to pull off, to land, anything on the surface of the moon,” Joel Kearns, Deputy Associate Administrator for exploration in NASA Science Mission Directorate said during the press conference. Shortly after landing, Firefly Aerospace unveiled this image from the surface of the moon, it is the first image acquired by the Blue Ghost lunar lander. The images were released by Blue Ghost’s S-band imagery, with higher resolution X-band imagery expected in the next few hours when the lander deploys its main antenna. Firefly Aerospace broadcast this image from the surface of the moon, it is the first image acquired by the Blue Ghost lunar lander. | Credit: Firefly Aerospace Firefly opted to forgo a live video stream of the landing from the Blue Ghost to free up communications bandwidth for telemetry and for several instruments that were in action during the descent, including a critical hazard avoidance system that helped the lander avoid at least two potentially dangerous boulders on the surface, according to Ray Allensworth, Firefly’s spacecraft program director. “NASA expected it to be relatively hazard free, but that doesn’t mean there’s no hazards, so you always have to be prepared for that,” Allensworth said in the briefing. “And the lander was, and we were able to operate around that and land safely.” The second image captured by the Blue Ghost lander shows the lander sitting on the moon’s surface with a distant pale blue dot — Earth — in the background. The second image released by Firefly Aerospace shows the Blue Ghost lunar lander on the surface of the moon with Earth in the background. | Credit: Firefly Aerospace If you take a closer look at Earth reflected in the lander’s panels, you can make out distinct details of our home planet. A close-up view of Earth reflected in Blue Ghost’s solar panel. | Credit: Firefly Aerospace Shortly before the press conference ended, Firefly released this stunning image from the surface of the moon. “We’re all in that picture,” one of the panelists said. Blue Ghost aced its lunar landing and is already sharing its first stunning views from the moon. | Credit: Firefly Aerospace With the landing complete, Blue Ghost will now begin 14 days of surface operations, the equivalent of one full lunar day. “This next 14 days is going to be really challenging, and we’re going to work to provide all the science data from all 10 clips payloads, but I’m confident that the team will get through it,” Jason Kim, Firefly Aerospace CEO said during the press conference. A major highlight of the mission will take place on March 14, when Blue Ghost captures high-definition images of a total eclipse as Earth obscures the sun from the moon’s perspective. Meanwhile, those of us on Earth will witness the same event as a total lunar eclipse, turning the moon a deep, eerie red. On March 16, the lander will document the lunar sunset and study how levitating dust behaves in response to solar activity, a phenomenon first observed during Apollo 17. Leading up to the landing, Blue Ghost traveled 2.8 million miles over 45 days, downlinking 27 GB of data and supporting scientific studies, including record-breaking signal tracking from the Global Navigation Satellite System and radiation measurements through the Van Allen Belts. With the hardest part behind them, Firefly is now focused on completing surface operations and continuing to demonstrate the capabilities of commercial lunar missions. Source link #Earth #shines #moon #amazing #1st #photos #private #Blue #Ghost #lander #picture Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  14. Halle Berry ‘pays back’ Adrien Brody for 2003 Oscars kiss – with a red-carpet kiss – The Guardian Halle Berry ‘pays back’ Adrien Brody for 2003 Oscars kiss – with a red-carpet kiss – The Guardian Halle Berry ‘pays back’ Adrien Brody for 2003 Oscars kiss – with a red-carpet kiss The GuardianOscars 2025: Halle Berry recreates infamous kiss with Adrien Brody ABC News Source link #Halle #Berry #pays #Adrien #Brody #Oscars #kiss #redcarpet #kiss #Guardian Pelican News View the full article at [Hidden Content]
  15. ‘I expect him to be fully fit’: Cody Walker and Campbell Graham expected to face the Dolphins in South Sydney’s season opener ‘I expect him to be fully fit’: Cody Walker and Campbell Graham expected to face the Dolphins in South Sydney’s season opener South Sydney will start the season without two of their most important players, but there should be some good news ahead of their round 1 clash with Cody Walker, Campbell Graham and Jai Arrow all set to face the Dolphins. The Rabbitohs were set to fly out to Queensland after Thursday’s captain’s run, but that might be brought forward by 24 hours depending on when Tropical Cyclone Alfred makes landfall. While it’s unclear when they fly out, Walker is expected to be on the plane after the veteran five-eighth trained strongly on Monday despite missing the trials with a calf issue. Walker is set to captain the side with Cameron Murray (achilles) unlikely to play again this year, and he is set to partner Jamie Humphreys on Friday night with recruit Lewis Dodd suspended. Camera IconCody Walker is on track to play the Dolphins on Friday night. Warren Gannon Photography Credit: News Corp Australia “He trained today and I expect to have him out there, but that’ll be Cody’s call,” South Sydney forward Jai Arrow said. “He’s nearly 40 years old now, so that’ll be his decision whether he’ll be out there. If he knows he’s right, then he’ll be out there with us. “I expect him to be fully fit.” Graham trained on Monday with strapping around his wrist after he broke his hand last month. The strike centre missed the entire 2024 season with a sternum injury but is set to be a huge inclusion for Wayne Bennett. “We’ve both had a big stint on the sideline last year, so it’s going to be our first game together back this year,” teammate Isaiah Tass said as he prepares to return after his own injury-ravaged campaign. “It’s going to be a big test for us to see how our match fitness goes.” Bennett still has some big calls to make with his final squad, but Arrow confirmed he would start in the back row, with Tallis Duncan and Lachlan Hubner fighting it out to replace Murray at lock. Jye Gray will start at fullback for the injured Latrell Mitchell, with Arrow not worried about external criticism suggesting Souths will struggle to compete without two of their biggest stars. “I wouldn’t say it’s insulting (because) it doesn’t really worry me,” he said. “You can understand why people might say that because they’re two crucial players to our side and are leaders of our club, hence you can understand the outside noise. “But we genuinely haven’t listened to any of it. It’s been a focus on our pre-season and what we wanted to do with our footy. “It hasn’t been ideal to lose players, but we’ve probably handled it better than anyone in the NRL at the moment with the number of players we’ve lost. “It’ll be a next man up mentality … so nothing really changes for us. We’re excited with the boys that come in and hopefully make those positions their own for the time being. “We handled it really well. It happened in a five-minute span at training losing Cam and Latrell. We had to move on pretty quickly, and we feel like we’ve done that.” Source link #expect #fully #fit #Cody #Walker #Campbell #Graham #expected #face #Dolphins #South #Sydneys #season #opener Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  16. Four drunk drivers arrested overnight in Ingham County Four drunk drivers arrested overnight in Ingham County LANSING, Mich. (WLNS)— The Ingham County Sheriff’s Deputies arrested four drunk drivers last night. Descriptions of the four arrests reported by the Ingham County Sheriff’s Office: A deputy was dispatched to a vehicle stuck in a field in the 1400 block of East Holt Rd. in Wheatfield Twp. at approximately 10:00 p.m. The driver, a 48-year-old Saginaw County man, was arrested and lodged at Ingham County Jail. A deputy stopped a vehicle traveling southbound on US-127 near Holt. Rd. in Alaiedon Twp. at approximately 12:45 a.m. The driver, a 21-year-old Mason woman, was arrested and lodged at the Ingham County Jail. A deputy stopped a vehicle near Aurelius and Sycamore in Delhi Twp. at approximately 1:30 a.m. The driver, a 49-year-old Holt man, was arrested and lodged at the Ingham County Jail. A deputy stopped a vehicle in the 2400 block of Cedar St. in Delhi Township at approximately 2:30 a.m. The Ingham County Sheriff’s Office says it’s, “committed to promoting safe roadways with proactive traffic enforcement,” in a news release sent to 6 News. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to WLNS 6 News. Source link #drunk #drivers #arrested #overnight #Ingham #County Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]
  17. Arab states and UN condemn Gaza aid blockade by Israel – BBC.com Arab states and UN condemn Gaza aid blockade by Israel – BBC.com Arab states and UN condemn Gaza aid blockade by Israel BBC.comLIVE: Israel accused of war crimes for blocking all aid into Gaza Al Jazeera EnglishIsrael blocks aid into Gaza as ceasefire standoff escalates ReutersIsrael said planning to potentially halt power to Gaza, resume war to pressure ****** The Times of Israel Source link #Arab #states #condemn #Gaza #aid #blockade #Israel #BBC.com Pelican News View the full article at [Hidden Content]
  18. Mineral Resources alerted to risks of heavy traffic on Onslow Iron haul road in AMC Consultants report Mineral Resources alerted to risks of heavy traffic on Onslow Iron haul road in AMC Consultants report Mineral Resources was alerted to haulage risks on its troubled Onslow Iron road months before a spat of truck rollovers rang alarm bells about driver safety along the crucial 148km stretch of infrastructure. Source link #Mineral #Resources #alerted #risks #heavy #traffic #Onslow #Iron #haul #road #AMC #Consultants #report Pelican News View the full article at [Hidden Content]
  19. The Biggest Pasta Recalls In US History The Biggest Pasta Recalls In US History Pasta is a firm favorite dinner choice in the U.S. In fact, research suggests that around nine out of 10 Americans enjoy the Italian classic. There are many ways to indulge in pasta. You can, of course, cook it from scratch and make your own version of popular dishes like bolognese or carbonara with plenty of garlic bread and Parmesan. Alternatively, if you’re short on time, you can grab a premade pasta dish from the store, like, say stuffed ravioli or ready-made lasagna. This is undeniably a popular choice for many Americans — the ready-to-eat meal market in the U.S. is worth more than $48 billion. But before you dive into your store-bought lasagna, fettuccine Alfredo, or stuffed ravioli, it’s important to note that, like many food categories, there have been several recalls in the market over the years. Some have been because of potential foodborne bacteria contamination (we’re talking about listeria, specifically), while others have been because of undeclared allergens, like egg or soy, or even foreign object contamination (think shards of glass or hard pieces of plastic). These problems are not specific to pasta — recalls happen with many different types of product all of the time, like broccoli, ice cream, and even flour. But if you want to stay in the know, it’s always a good idea to keep an eye out for recall announcements. Below, we’ve rounded up some of the biggest pasta recalls in U.S. history, from small companies to food giants like Nestlé. Read more: 14 Food Storage Hacks You Should Try Mama Mancini’s Recalls Stuffed Pasta Amid Listeria Contamination Fears (2024) In November 2024, New Jersey-based company Joseph Epstein Food Enterprises — which is known under the brand name Mama Mancini’s — recalled more than 2,000 cases of stuffed pasta due to fears they were contaminated with harmful listeria bacteria. The recall, which was voluntary, affected Mama Mancini’s Stuffed Shells and Hungryroot Ricotta Stuffed Shells. The Mama Mancini’s recall was marked by the FDA as Class II, which means that the product could cause negative health consequences, but the chances of that happening are remote. It is one step down from Class I, which means there is a reasonable chance the recalled products could cause serious health problems. Listeria has caused multiple recalls in the past. This is because, if consumed, it can lead to listeriosis, an infection with symptoms like fever, nausea, and diarrhea. It is not often serious, but vulnerable individuals — including the elderly, the very young, and people who are pregnant — are at a higher risk of becoming seriously ill from the bacteria. Every year, around 1,600 people are infected with listeria, and around 260 people die as a result. Mama Mancini’s wasn’t the only company to recall products because of listeria contamination in 2024. In the same year, infected deli meat products from Boar’s Head led to an outbreak that caused 57 hospitalizations and nine deaths. As a result, the meat company recalled more than 7 million pounds of meat from across the U.S. and beyond. Whitson’s Food Service Corp Recalls Chicken Alfredo Pasta Due To Undeclared Egg (2023) In 2023, New York company Whitson’s Food Service Corp recalled more than 8,700 pounds of chicken Alfredo pasta because it contained egg that was not declared on the label. This was a major problem, because egg is an allergen that often affects children. In fact, research suggests that around one in 100 children under 5 years old suffer from an egg allergy. While it is more common in children, adults can also suffer from egg allergies. For some, symptoms will be mild, but for others, consuming eggs can lead to anaphylaxis. This is a life-threatening allergic reaction that can cause severe swelling, shortness of breath, and hives. At the time of the recall, the pasta from Whitson’s Food Service had been shipped to a number of locations across New York and Pennsylvania, some of which were schools. While there were no serious reactions associated with the undeclared egg in the pasta, the issue was brought to light by a consumer. The pasta recall wasn’t the only recall in 2023 to be caused by undeclared egg. Whole Foods Market also had to recall some of its salad kits in the same year because they contained both undeclared egg and undeclared milk. The year after, in 2024, California company LQNN recalled multiple banh ba xa and banh pia products because they contained egg that wasn’t declared on the label. Bellisio Foods Recalls Spaghetti Due To Undeclared Soy (2021) Soy is another common allergen. Like egg, it tends to affect children and babies the most, but it can also impact adults, too. While most allergic reactions to soy are not life-threatening, like all allergens, it does carry a risk of anaphylaxis. It can also lead to mild, but still very unpleasant symptoms, including outbreaks of eczema, wheezing, dizziness, abdominal pain, nausea, and hives. This is why in 2021, Ohio brand Bellisio Foods recalled almost 4,000 pounds of spaghetti with meat sauce. The products contained soy, but this was not declared on the label. The issue was given Class I status, which meant there was a reasonable chance the products could cause harm if people consumed them. Luckily, there were no reports of allergic reactions associated with the mislabeled spaghetti products. However, anyone who had already bought the products was urged to either throw them away or return them to the store they bought them from to avoid any adverse reactions. Multiple recalls have been caused by undeclared soy. In 2023, for example, mozzarella sticks were pulled from Sam’s Club shelves over concerns they had been contaminated with both egg and soy. In the same year, Texas Pete recalled its Buffalo Wing Sauce because it contained soy that, again, had not been appropriately declared on the label. Nestlé Recalls Fettuccine Alfredo Due To Undeclared Soy (2020) In 2020, Nestlé recalled more than 29,000 pounds of its Lean Cuisine Fettuccine Alfredo over fears it had been mislabeled. The issue was brought to Nestlé’s attention by consumers, who began finding chicken in the cheese pasta, despite the fact that the meat was not listed on the label. This was an issue not just because of the incorrect labeling, which could have led vegetarians to buy the product believing it was meat-free, but also because the chicken could be contaminated with soy. This wasn’t the only time Nestlé had to recall products sold under its Lean Cuisine brand in 2020. In the same year, it was also forced to issue a recall for more than 92,000 pounds of its Baked Chicken products after customers began finding pieces of plastic inside. It was likely that the plastic found its way into the chicken when pieces of manufacturing machinery broke off into the food. In the years following 2020, Nestlé issued several more recalls. These included recalls for ice cream sold in Spain because they contained the chemical ethylene oxide, which is linked to an increased risk of *******, as well as Hot Pockets sold in the U.S. because they contained shards of glass and plastic. Nestlé also issued recalls for pizzas sold in France over E. coli contamination concerns. Conagra Brands Recalls Spaghetti And Meatballs Due To Undeclared Milk (2017) No company is immune from having to issue a recall related to undeclared allergens. In fact, alongside bacteria, they are a leading cause of food recalls in the U.S. In 2017, multibillion dollar food company Conagra Brands also had to pull products from the market because of undeclared allergens, but this time it was because of undeclared milk. After peanuts, milk is one of the most common allergens in the U.S. It can lead to mild symptoms, or in rare cases, anaphylaxis. The undeclared milk meant that Conagra Brands had to recall more than 717,000 pounds of spaghetti and meatballs, sold under brands including Libby’s, Del Pinos, and Hy-Top, from retailers across the U.S. Luckily, the issue did not come to light because anyone suffered an allergic reaction as a result of consuming the product, but because one of Conagra Brands’ ingredient suppliers realized the wrong breadcrumbs had been used. Conagra Brands has been through some major recalls in its time. Six years after the spaghetti and meatballs incident, in 2023, it had to recall more than 245,000 pounds of chicken strips amid concerns they contained plastic, for example. In the same year, it recalled more than 2.5 million pounds of sausages due to fears that a packaging defect could lead to spoilage. In 2022, the manufacturing giant also recalled more than 119,000 pounds of beef and broccoli sold by P.F. Chang due to undeclared egg. Home Maid Ravioli Company Recalls Ravioli For Undeclared Pork And Whey (2016) In 2016, California brand Home Maid Ravioli Company recalled more than 34,000 pounds of ravioli because they contained undeclared pork and whey, both of which are allergens. At the time of the recall, the products had been shipped across the U.S. The issue was not discovered by consumers or by the company itself, but by inspectors from the USDA’s Food Safety and Inspection Service. Whey is a milk protein, and therefore could cause allergic reactions in those who have milk allergies. Pork is also an allergen, because it is a type of meat. Like other animal products, meat, particularly red meat, can lead to allergic reactions in some individuals. In fact, according to the Centers for Disease Control and Prevention, thousands of Americans have Alpha-gal syndrome, which is a disease caused by a tick bite that leads to red meat allergies. However, it could affect many more people, as research into Alpha-gal syndrome and ticks is currently limited. Luckily, no allergic reactions were reported as a result of the mislabeled ravioli products. However, the FSIS did urge consumers not to eat them, and instead either dispose of them or return to the store for a refund. Nestlé Recalls Pizzas And Lasagnas Amid Fears They Contained Glass (2016) As mentioned above, Nestlé has been forced to issue many recalls in its time. In 2016, it recalled more than 267,000 pounds of pizza and lasagna products amid fears that they had been contaminated with glass. At the time of the recall, which was given Class I status, the products had already shipped to stores across the U.S. Nestlé was alerted to the glass in its pizza and lasagna products by consumers, who claimed that they had found pieces in their food. In a stroke of luck, there were no reports of injuries associated with the contamination. Glass contamination, which can happen as a result of broken equipment or utensils, is a major problem. Unlike many foreign objects, it is particularly hard to detect in food products because it is clear and hard to see. But it also happens to be one of the riskiest foreign objects, because when consumed, it can lead to either cuts in the mouth or more serious internal injuries that could require surgery to resolve. Nestlé isn’t alone. In 2023, Starbucks recalled bottles of its Frappuccinos from stores amid fears that they could contain glass. In the same year, Trader Joe’s recalled jars of instant cold brew for the same reason. In 2022, Loblaw Grocery also issued a recall of its Lemon & Ginger Sicilian Soda over fears the drink could also contain shards of glass. D’Orazio Foods Recalls Pasta Due To A Lack Of Inspection (2011) In 2011, New Jersey brand D’Orazio Foods recalled around 161,000 pounds of pasta, not because of contamination or undeclared allergens, but because it had been produced without inspection from federal authorities. This usually happens because the product contained meat, which must be inspected to ensure it meets federal standards in the U.S. In the case of D’Orazio Foods, the pasta products were ravioli that contained meat products, including sausage and beef. It’s important for the FSIS to inspect meat products for several reasons. Firstly, the humane handling of farm animals must be confirmed by inspectors. They must also ensure that the animals are healthy at the time of the slaughter, and that the conditions they are processed in are sanitary. If conditions are not sanitary, or the animals are diseased, this could lead to a higher risk of harmful bacteria making its way into the food system. In general, routine inspections by the FSIS are important. In fact, they have saved people on multiple occasions. As just one example, in 2010, more than 5.7 million pounds of beef and veal from Huntington Meat Packing were recalled after the FSIS discovered unsanitary conditions and E. coli at the company processing facilities. In another example, in 2011, Cargill recalled more than 36 million pounds of turkey after routine inspections by the FSIS discovered salmonella bacteria at its processing facility. Nestlé Recalls Lasagna Over Undeclared Allergens (2012) As we mentioned earlier, Nestlé has been forced to recall products for undeclared soy before. But in 2012, it also recalled products for undeclared fish. In 2012, it had to pull back more than 16,800 pounds of lasagna from the shelves because a packaging error meant that the products were made with a stuffed pepper sauce that contained anchovies. Fish allergies affect up to 1% of the American population. Unlike with many other allergies, it is common in adults. In fact, research suggests that 40% of people will experience a fish allergy for the first time as an adult. As well as anchovies, fish allergies can be triggered by species like catfish, cod, haddock, pike, salmon, and many more. Fish allergies are different to shellfish allergies, which are triggered by crustaceans and mollusks, like clams, oysters, crabs, and shrimp. The mix-up with the lasagna sauce came to Nestlé’s attention through complaints from customers, but nobody was reported to have experienced an allergic reaction as a result. The FSIS urged anyone who was concerned about experiencing an allergic reaction as a result of eating the lasagna to contact their healthcare provider. Nestlé Recalls Spaghetti And Meatballs Over Fears They Contained Hard Plastic (2011) Once again, in 2011, Nestlé had to recall Lean Cuisine products because they had been contaminated with a foreign object. This time, it wasn’t glass, but hard plastic. The food giant recalled more than 10,000 pounds of spaghetti and meatballs from stores near the Rocky Mountains after customers began complaining that they had discovered hard plastic in their food. Like glass, hidden plastic in food is a serious hazard, and yet it is a common cause of recalls. Again, this is largely due to broken manufacturing materials or packaging. If consumed, it can lead to internal or oral injuries, as well as choking. The risk from choking is not to be underestimated. In 2022, for example, research suggests that more 5,000 Americans died as a result of choking. Luckily, there were no injuries associated with the spaghetti and meatballs recall. The FSIS did urge anyone who was concerned about an injury from the product to contact their healthcare provider. A number of brands have recalled products due to plastic contamination in recent years. In 2022, for example, Fresh Creative Foods recalled multiple products from 20 states, including pasta, salad dressings, and noodles, over fears they contained hard pieces of plastic. Read the original article on Mashed. Source link #Biggest #Pasta #Recalls #History Pelican News View the full article at [Hidden Content]
  20. Conan O’Brien Pokes Fun at Top Movies and Stars in Oscars Monologue Conan O’Brien Pokes Fun at Top Movies and Stars in Oscars Monologue Conan O’Brien was literally born to host the Oscars. After a pretaped sketch on Sunday in which O’Brien emerged out of the back of Demi Moore, the star of “The Substance,” before turning around to dig into her spine cavern for a lost shoe, the comedian broke into his monologue. He poked fun at many of the show’s nominees, and himself, starting with a list of recent films — “A Complete Unknown,” “A Real Pain,” “Nosferatu” — that he joked he was called on the red carpet. “I think two were fair,” he said. The monologue also razzed Netflix’s 18 nominations (and price increases), the length of “The Brutalist” and the recent controversy about “Emilia Pérez” actress Karla Sofia Gascón’s offensive social media posts. “Little fact for you: ‘Anora’ uses the F-word 479 times,” he said. “That’s three more than the record set by Karla Sofia Gascón’s publicist.” O’Brien also called out best actor nominee Timothée Chalamet’s portrayal of the musician Bob Dylan from the stage, and the absence of Dylan himself: “Bob Dylan wanted to be here tonight, but not that badly.” He also riffed on the recent news that Amazon has taken control of the James Bond franchise, joking that it had found its next 007: Amazon’s senior vice president of global affairs, Steve Belsky. “Ladies love him,” O’Brien said. (According to an Amazon corporate website, the real senior vice president and chief of global affairs is David A. Zapolsky.) After a joke about Adam Sandler’s fashion sense, O’Brien suddenly changed tone to address the devastation of the wildfires in Los Angeles, and how an awards show can seem self-indulgent if that context was not addressed. He praised the craftspeople and others behind the camera who devoted their life to film, and how the ceremony was to celebrate their work too. “Even in the face of terrible wildfires and divisive politics, the work, which is what this is about, the work continues,” he said. “For years to come through trauma, and joy, this seemingly absurd ritual is going to be here.” “I will not,” he continued. “I’m leaving Hollywood to run a bed-and-breakfast in Orlando. And I’d like to see you there.” O’Brien closed his monologue by promising not to waste time, before breaking into a musical number about how he would not waste time, complete with a dancing Deadpool and the sandworm from “Dune: Part Two” playing “Chopsticks” on a piano. “Well, we’re 40 minutes over,” O’Brien joked. Source link #Conan #OBrien #Pokes #Fun #Top #Movies #Stars #Oscars #Monologue Pelican News View the full article at [Hidden Content]
  21. Europe steps in after Trump-Zelenskyy spat leaves Ukrainians stunned but proud – Boston Herald Europe steps in after Trump-Zelenskyy spat leaves Ukrainians stunned but proud – Boston Herald Europe steps in after Trump-Zelenskyy spat leaves Ukrainians stunned but proud Boston HeraldUK’s Starmer says Europe is at ‘crossroads in history’ as leaders agree to steps to Ukraine peace The Associated PressUK prime minister announces framework for peace plan after summit with Zelenskyy ABC NewsEurope Races to Repair a Split Between the U.S. and Ukraine The New York Times Source link #Europe #steps #TrumpZelenskyy #spat #leaves #Ukrainians #stunned #proud #Boston #Herald Pelican News View the full article at [Hidden Content]
  22. Oscars 2025 Winners: Updating List Oscars 2025 Winners: Updating List Conan O’Brien has hosting duties, and even though this is a movie awards show, Doja Cat, Raye and Queen Latifah are set to perform. (The “Wicked” stars Cynthia Erivo and Ariana Grande plan to take the stage, as well.) The ceremony is live from the Dolby Theater in Los Angeles, being broadcast on ABC and streaming on Hulu. Follow along as we update the list of winners. Best Supporting Actor Kieran Culkin, “A Real Pain” Read our profile. Nominees in this category: Yura Borisov, “Anora”;Edward Norton, “A Complete Unknown”; Guy Pearce, “The Brutalist”; Jeremy Strong, “The Apprentice” Original Screenplay “Anora” Nominees in this category: “The Brutalist”; “A Real Pain”; “September 5”; “The Substance” Adapted Screenplay “Conclave” Nominees in this category: “A Complete Unknown”; “Emilia Pérez”; “Nickel Boys”; “Sing Sing” Animated Feature “Flow” Read our review. Nominees in this category: “Inside Out 2”; “Memoir of a Snail”; “Wallace & Gromit: Vengeance Most Fowl”; “The Wild Robot” Costume Design “Wicked” Nominees in this category: “A Complete Unknown”; “Conclave”; “Gladiator II”; “Nosferatu” Makeup and Hairstyling “The Substance” Nominees in this category: “A Different Man”; “Emilia Pérez”; “Nosferatu”; “Wicked” Animated Short “In the Shadow of the Cypress” Nominees in this category: “Beautiful Men”; “Magic Candies”; “Wander to Wonder”; “Yuck!” Source link #Oscars #Winners #Updating #List Pelican News View the full article at [Hidden Content]
  23. Health execs apologise to victims of 'wicked' doctor Health execs apologise to victims of 'wicked' doctor A doctor convicted of secretly taking intimate photos and videos of patients has been released from jail, saying he wants to work hard to be a “better man”. Source link #Health #execs #apologise #victims #039wicked039 #doctor Pelican News View the full article at [Hidden Content]
  24. State of emergency in South Carolina as wildfires prompt evacuations State of emergency in South Carolina as wildfires prompt evacuations Multiple wildfires burning across South Carolina prompted Gov. Henry McMaster to declare a state of emergency Sunday, as firefighters battled a series of blazes that have already consumed approximately 1,200 acres and impacted another 3,000, with fires also growing in North Carolina. NBC News’ Emilie Ikeda reports from the fire zone. Source link #State #emergency #South #Carolina #wildfires #prompt #evacuations Pelican News View the full article at [Hidden Content]
  25. Bubble tea giant soars on Hong Kong trading debut Bubble tea giant soars on Hong Kong trading debut The Snow King mascot on a cup at a Mixue store in Beijing, China, on Thursday, Feb. 27, 2025. Bloomberg | Bloomberg | Getty Images Shares of China’s largest bubble tea chain Mixue jumped 24% on market debut after a heavily oversubscribed initial public offering. The company had priced its initial public offering at HK$202.5 per share ($26.04) for 17.06 million shares, raising a total of HK$3.45 billion. The IPO has gained the support of five cornerstone investors, which include M&G Investments, HongShan Growth, Persistence Growth Limited, HHLR Fund and Meituan’s Long-Z Fund. Shares of Mixue were highly sought after, with the Hong Kong offering over 5,200 times oversubscribed. The international offering was more than 35 times oversubscribed. The initial allocation of the IPO was 10% to the Hong Kong offering, and 90% to the international offering. However, Mixue said that due to the Hong Kong offering being oversubscribed by more than 100 times of the total number of offer shares initially available, it had increased its share of the IPO from 10% to 50%, with the other 50% to the international offering. The bookrunners for the IPO were Bank of America Securities, Goldman Sachs and UBS. Mixue is known for its milk tea, fruit drinks, ice cream and coffee. Its IPO comes weeks after Guming’s, another ******** bubble tea chain. “Our base case valuation of Mixue Group is implied market cap of HKD 96 billion or target price of HKD 254, which is 26% higher than the initial IPO price,” said Douglas Kim, an IPO analyst at Douglas Research Advisory, who also publishes on Smartkarma. Source link #Bubble #tea #giant #soars #Hong #Kong #trading #debut Pelican News View the full article at [Hidden Content]

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