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Karnataka raises legal age for tobacco consumption to 21, prohibits hookah bars
Karnataka raises legal age for tobacco consumption to 21, prohibits hookah bars

Mint

time4 days ago

  • Mint

Karnataka raises legal age for tobacco consumption to 21, prohibits hookah bars

Karnataka government has notified a legislation which now prohibits hookah bars, and has raised the legal age for buying tobacco products to 21 years. It has also increased the fines for the violation of these laws. Earlier, the legal age to buy tobacco products in the state was 18 years. The new law prohibits the sale of cigarettes or other tobacco products to a person below the age of twenty one years, and has also increased the fines for smoking in a public place and for sale of tobacco to people aged 21 and below, from ₹ 200 to ₹ 1,000. The notification was issued on May 30, following the Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade and Commerce, Production, Supply and Distribution) (Karnataka Amendment) Bill, 2024, receiving the assent of the President on May 23. The Act that prohibits the use of tobacco products in public places says, no person shall use tobacco products in any public place. As per the Act, the 'use' of tobacco means smoking and spitting of tobacco. However, in a hotel having thirty rooms or a restaurant having seating capacity of thirty persons or more and in airports, a separate provision for smoking area or space may be made, it added. The section 4A of the Act, prohibits opening or running of hookah bars. "No person shall either on his own or on behalf of any other person shall open or run any hookah bar, in any place including the eating house or pub or bar or restaurant by whatever name it is called," it said. According to the Act, "hookah" bar means an establishment or place where people gather to smoke tobacco or other similar products from a communal hookah or narghile, which is provided individually. Regarding punishment for running hookah bar, the Act says, whoever contravenes the provisions of section 4A, shall be punishable with imprisonment for a term which shall not be less than one year but may extend to three years and with fine which shall not be less than fifty thousand rupees but may extend up to one lakh rupees. 'No person shall sell, offer for sale or permit the sale of cigarettes or any other tobacco products to any person who is under the age of twenty one years. It cannot be sold in an area within a radius of one hundred meters of any educational institution; and it cannot be sold in loose or in single sticks,' the Act added.

Recent 3.3% pullback isn't enough to hurt long-term AAR (NYSE:AIR) shareholders, they're still up 190% over 5 years
Recent 3.3% pullback isn't enough to hurt long-term AAR (NYSE:AIR) shareholders, they're still up 190% over 5 years

Yahoo

time23-05-2025

  • Business
  • Yahoo

Recent 3.3% pullback isn't enough to hurt long-term AAR (NYSE:AIR) shareholders, they're still up 190% over 5 years

The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. Long term AAR Corp. (NYSE:AIR) shareholders would be well aware of this, since the stock is up 190% in five years. And in the last month, the share price has gained 18%. But the price may well have benefitted from a buoyant market, since stocks have gained 11% in the last thirty days. In light of the stock dropping 3.3% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return. We've discovered 1 warning sign about AAR. View them for free. There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Over half a decade, AAR managed to grow its earnings per share at 4.6% a year. We note, however, that extraordinary items have impacted earnings. This EPS growth is lower than the 24% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here. AAR shareholders are down 14% for the year, but the market itself is up 12%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 24% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand AAR better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 1 warning sign with AAR , and understanding them should be part of your investment process. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of companies that have proven they can grow earnings. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

The Tale Of Two Super Power Presidents Amidst Global War On Trade, Tariffs
The Tale Of Two Super Power Presidents Amidst Global War On Trade, Tariffs

Arabian Post

time15-05-2025

  • Business
  • Arabian Post

The Tale Of Two Super Power Presidents Amidst Global War On Trade, Tariffs

By Nitya Chakraborty Soon after organizing a 90 day truce last week end at Geneva through three day intensive talks between top officials of the United States and China, President Donald Trump is on a three nation tour covering Saudi Arabia, Qatar and UAE to pursue his deal making focusing on both trade and security. Simultaneously, the Chinese President Xi Jinping is wooing the Latin American countries to support him in his bid to restore the rule based international order on trade and tariffs. President Xi addressed the fourth ministerial meeting of the China-Community of Latin American and Caribbean states (CELAC) in Beijing on May 13 expressing his readiness to work with the CELAC to build a shared development programme including trade for the economic growth of the Region. CELAC has more than thirty members including economically powerful countries like Brazil, Mexico and Argentina. The same day on May 13, President Trump was in Saudi Arabia, the first country in his three nation tour from May 13 to May 16. Trump met Syrian President Ahmed Al Shara on May 14 morning which was a major diplomatic breakthrough since the former al Qaida commander took over as the interim president after the fall of the Russian ally Bashar al Assad. The meeting proved that for the US President, the past antecedents do not matter when it is linked with business and security interests. This interim President was in the U.S. jail for five years as he was charged as a terrorist. U.S. agreed to sell Saudi Arabia an arms package worth US$ 142 billion which was the largest amount in any defence agreement concluded by the USA till now. The US defence companies bosses, present at Riyadh were ecstatic after the signing of the agreement. The other two countries Qatar and UAE have also prepared massive plans on economic agreement with the U.S. covering the latest technology, AI applications and weapons. Trump is expected to assure them of higher security assurance. For Trump, the visit seems to be a win win situation all through. President Xi Jinping, on the other hand, met the important presidents of the Latin American countries including Brazil, Chile and Columbia and separately stressed the importance of protecting national interests in trade by fighting the tariff rates imposed by Trump. All these countries are scheduled to start new trade negotiations with the USA within the first week of July this year during the present 90 day truce. See also Selective Political Witch-Hunting In India Nearing Its Climax According to CELAC sources, in 2024, China-LAC trade surpassed $500 billion for the first time, more than 40 times the amount at the beginning of this century. Over 20 LAC countries have joined the Belt and Road Initiative by signing different cooperation memoranda with China, and Colombia confirmed its participation in the BRI during the meeting. From Chancay Port to the Phoenix Park Industrial Estate, numerous major projects have taken root and yielded fruitful results. In cutting-edge sectors, such as new energy, photovoltaics, electric vehicles, digital technology and cross-border e-commerce, China-LAC cooperation continues to expand, with mutual benefit and win-win cooperation providing strong momentum for the partnership. Brazilian President Luiz Inacio Lula da Silva said at a press conference on Wednesday in Beijing that Brazil is not worried about becoming a revenge target of US for getting closer to China. He said Brazil is a big country and the government has its own principles and positions. He reminded the U.S. President. The U.S. has a huge trade surplus with Brazil. Brazilian president is working with Mexico to frame a joint approach to trade talks with the U.S. trade officials. Both Brazil and Mexico have been badly affected as a result of reciprocal tariffs imposed by Trump. As regards Trump's current tour to the three West Asian nations, security commitment apart from high technology are the focus areas for all the three countries which are all cash rich and having huge potential for further energy resources development US-Gulf relations have improved significantly since Trump returned to office. Frustrated at the perceived lack of US interest in their needs under the Biden administration, Saudi Arabia and the UAE had sought to diversify their military, technological and economic ties. With Trump in office, they all have started wooing him with lucrative deals which Trump is also looking. Trump has told the West Asians – political problems will remain, but the economy has to move and that is best possible only through building synergies. So all focus has to be on making deals which serve the interests of both. Riyadh is also seeking US cooperation to develop a civil nuclear program, but that has been held up over its insistence on enriching uranium domestically – raising concerns in the US and Israel over nuclear weapons proliferation. Uranium, when enriched to high levels, can be used to produce nuclear weapons. Trump has to take a decision on it though the issue is very complicated with its impact on the region as a whole including Iran. In March, the UAE announced a $1.4 trillion investment plan over 10 years focused on AI, semiconductors, manufacturing, and energy. Its existing US investments already total $1 trillion, according to its embassy in Washington. Trump's visit is expected to formalize the big investment plans. In Qatar also, big investment plans have been kept ready for Trump's consideration. So for Trump, series of deals are waiting and he is very happy. After going back to Washington, President Trump will be assessing the response from his trade partners to his 90 day deadline. Already the U.S. has concluded its trade deal with the UK which is not a member of European Union. But this will have impact on the other countries of Europe including France and Germany which have still not responded. The EU members are supposed to take a collective decision. The campaigns by both President Trump in favour of his reciprocal tariff and the Chinese President Xi Jinping focusing on his rule based trade order will intensify in the coming weeks as the July deadline approaches. Both know that there can not be a final winner, there has to be a compromise. Even the level of that will depend on the respective mobilization by Trump and his opponents in favour of their respective positions. The protracted battle on tariff rates is sure to continue for some more months, if not the whole year. (IPA Service)

Info-Tech Research Group Wins Business of the Year - Large at 2025 London Chamber of Commerce Business Achievement Awards
Info-Tech Research Group Wins Business of the Year - Large at 2025 London Chamber of Commerce Business Achievement Awards

Yahoo

time14-05-2025

  • Business
  • Yahoo

Info-Tech Research Group Wins Business of the Year - Large at 2025 London Chamber of Commerce Business Achievement Awards

Info-Tech Research Group has been named Business of the Year – Large for 2025 by the London Chamber of Commerce's annual Business Achievement Awards. The leading research and advisory firm has been recognized for its continued global expansion, industry-leading innovations, and people-first culture, backed by nearly 30 years of sustained growth. TORONTO, May 14, 2025 /CNW/ - Global research and advisory firm Info-Tech Research Group has announced that it has been named Business of the Year – Large at the 2025 London Chamber of Commerce Business Achievement Awards. This prestigious recognition celebrates organizations that exemplify sustained business success, innovation, community impact, and leadership excellence. Founded in London, Ontario in 1997, Info-Tech has grown from a one-person startup into one of the world's fastest-growing research and advisory firms. Today, the company employs more than 1,400 professionals across offices in Canada, the U.S., the UK, and Australia and serves thousands of members worldwide. Despite its global footprint, the company maintains its ties to its founding city of London, Ontario, Canada, employing over 400 people locally. Presented annually by the London Chamber of Commerce, the Business of the Year – Large award is one of the region's highest honors for large-sized organizations. The award recognizes companies that demonstrate exceptional performance in growth, innovation, customer service, community contribution, and leadership. Finalists undergo a competitive evaluation process, and winners are celebrated for their impressive growth and positive impact on the city's economy and business landscape. "Being named Business of the Year for 2025 is a proud moment for Info-Tech Research Group and a powerful reflection of the organization we've become. While our story began in London, Ontario nearly thirty years ago, our vision has always been bigger – to build the world's leading research and advisory firm," says Tom Zehren, CEO at Info-Tech. "Today, our team spans three continents and supports thousands of organizations around the world. This award celebrates the innovation and purpose that continue to fuel our growth." The award reflects Info-Tech's global footprint while staying grounded in a strong people-first philosophy. Over the past year, the company has reached several notable milestones: The award reflects Info-Tech's global footprint while staying grounded in a strong people-first philosophy. Over the past year, the company has reached several notable milestones: The expansion of the firm's premier IT conference, Info-Tech LIVE in Las Vegas, to international locations in Brisbane, and Barcelona for 2025. The development of two new AI-focused platforms: the AI Marketplace Research Center and the Info-Tech's IT Assistant chatbot for members. The launch of the CIO Playbook, a guided roadmap helping IT executives transform their departments across 12 critical areas. The internal automation of over 2,200 HR processes, allowing Info-Tech to scale operations for a global, remote workforce without compromising employee experience. From helping build careers to philanthropy, the firm also supports local organizations through donation-matching, toy drives, and volunteering efforts. Habitat for Humanity and the Ronald McDonald House Charities include some of the recent causes supported. Earlier in 2025, Info-Tech's Human Resources department was also named one of HRD Canada's Innovative HR Teams, highlighting the company's commitment to strategic talent development, employee engagement, and workforce transformation. "From launching new resources like our AI-powered IT Assistant and the AI Marketplace Research Center, to expanding our flagship Info-Tech LIVE conference globally, we continue to innovate to provide the highest-level of service of our members," says Zehren. "Info-Tech's people-first culture also remains at the core of our continued growth and success, with industry-leading development programs and a commitment to supporting our high-performing teams across all regions." To learn more about Info-Tech Research Group, visit the global research and advisory firm's website. About Info-Tech Research Group Info-Tech Research Group is one of the world's leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations. Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact pr@ For information about Info-Tech Research Group or to access the latest research, visit and connect via LinkedIn and X. SOURCE Info-Tech Research Group View original content to download multimedia:

Info-Tech Research Group Wins Business of the Year - Large at 2025 London Chamber of Commerce Business Achievement Awards
Info-Tech Research Group Wins Business of the Year - Large at 2025 London Chamber of Commerce Business Achievement Awards

Cision Canada

time14-05-2025

  • Business
  • Cision Canada

Info-Tech Research Group Wins Business of the Year - Large at 2025 London Chamber of Commerce Business Achievement Awards

Info-Tech Research Group has been named Business of the Year – Large for 2025 by the London Chamber of Commerce's annual Business Achievement Awards. The leading research and advisory firm has been recognized for its continued global expansion, industry-leading innovations, and people-first culture, backed by nearly 30 years of sustained growth. TORONTO, May 14, 2025 /CNW/ - Global research and advisory firm Info-Tech Research Group has announced that it has been named Business of the Year – Large at the 2025 London Chamber of Commerce Business Achievement Awards. This prestigious recognition celebrates organizations that exemplify sustained business success, innovation, community impact, and leadership excellence. Founded in London, Ontario in 1997, Info-Tech has grown from a one-person startup into one of the world's fastest-growing research and advisory firms. Today, the company employs more than 1,400 professionals across offices in Canada, the U.S., the UK, and Australia and serves thousands of members worldwide. Despite its global footprint, the company maintains its ties to its founding city of London, Ontario, Canada, employing over 400 people locally. Presented annually by the London Chamber of Commerce, the Business of the Year – Large award is one of the region's highest honors for large-sized organizations. The award recognizes companies that demonstrate exceptional performance in growth, innovation, customer service, community contribution, and leadership. Finalists undergo a competitive evaluation process, and winners are celebrated for their impressive growth and positive impact on the city's economy and business landscape. "Being named Business of the Year for 2025 is a proud moment for Info-Tech Research Group and a powerful reflection of the organization we've become. While our story began in London, Ontario nearly thirty years ago, our vision has always been bigger – to build the world's leading research and advisory firm," says Tom Zehren, CEO at Info-Tech."Today, our team spans three continents and supports thousands of organizations around the world. This award celebrates the innovation and purpose that continue to fuel our growth." The award reflects Info-Tech's global footprint while staying grounded in a strong people-first philosophy. Over the past year, the company has reached several notable milestones: The award reflects Info-Tech's global footprint while staying grounded in a strong people-first philosophy. Over the past year, the company has reached several notable milestones: The expansion of the firm's premier IT conference, Info-Tech LIVE in Las Vegas, to international locations in Brisbane, and Barcelona for 2025. The development of two new AI-focused platforms: the AI Marketplace Research Center and the Info-Tech's IT Assistant chatbot for members. The launch of the CIO Playbook, a guided roadmap helping IT executives transform their departments across 12 critical areas. The internal automation of over 2,200 HR processes, allowing Info-Tech to scale operations for a global, remote workforce without compromising employee experience. From helping build careers to philanthropy, the firm also supports local organizations through donation-matching, toy drives, and volunteering efforts. Habitat for Humanity and the Ronald McDonald House Charities include some of the recent causes supported. Earlier in 2025, Info-Tech's Human Resources department was also named one of HRD Canada's Innovative HR Teams, highlighting the company's commitment to strategic talent development, employee engagement, and workforce transformation. "From launching new resources like our AI-powered IT Assistant and the AI Marketplace Research Center, to expanding our flagship Info-Tech LIVE conference globally, we continue to innovate to provide the highest-level of service of our members," says Zehren. "Info-Tech's people-first culture also remains at the core of our continued growth and success, with industry-leading development programs and a commitment to supporting our high-performing teams across all regions." To learn more about Info-Tech Research Group, visit the global research and advisory firm's website. About Info-Tech Research Group Info-Tech Research Group is one of the world's leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations. Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact [email protected].

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