Wintrust Financial Co. ( NASDAQ:WTFCP – Get Free Report ) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 40,900 shares, a drop of 21.9% from the November 30th total of 52,400 shares. Based on an average daily volume of 24,100 shares, the short-interest ratio is currently 1.7 days. Wintrust Financial Stock Up 0.0 % Shares of Wintrust Financial stock opened at $25.31 on Friday. Wintrust Financial has a 12 month low of $24.23 and a 12 month high of $25.49. The business has a fifty day simple moving average of $25.25 and a 200-day simple moving average of $25.07. Wintrust Financial Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 1st will be given a $0.4297 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 6.79%. The ex-dividend date of this dividend is Tuesday, December 31st. Wintrust Financial Company Profile Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. The Community Banking segment offers non-interest bearing deposits, non-brokered interest-bearing transaction accounts, and savings and domestic time deposits; home equity, consumer, and real estate loans; safe deposit facilities; and automatic teller machine (ATM), online and mobile banking, and other services. Further Reading Receive News & Ratings for Wintrust Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wintrust Financial and related companies with MarketBeat.com's FREE daily email newsletter .Firstly, a very Merry Christmas to you and yours. This year it must be a very different Christmas for you. You seem to have been a good boy and Santa came early for you. All your Christmases came at once. It is good to see that now you are playing Santa Claus and distributing goodies all around. Some are gleefully dreaming of their bright and shiny new cars in the near future! Hopefully you are making sure that all those naughty little boys and girls who brought our country down to the lowest ebb will also receive their just desserts in due course. It’s just been three months that you have been riding the sleigh and what a ride it has been. The economy seems to be doing well and so too the stock markets. Many are pleased with the progress of the rupee too as their children’s overseas degree fees will be easier to bear. The IMF masters seem to be liking your change of heart and are going with your ideas. It’s been a little over a month that your 159 little elves joined you and seem to be working with their heads down. Talking of degrees, it appears that one of your little elves has been a tad disingenuous. This has brought about a degree of discontent among some. In soccer parlance it is referred to as an ‘own goal’ – that is when one of your own team scores a goal against the team. How could this happen? One wonders if cracks are beginning to appear in your otherwise solid defence. However, the good thing about this unfortunate incident is that all the players on the field are now scrambling to check out their credentials – rightfully earned or surreptitiously claimed. However, Mr. President the whole episode appears to be much ado about nothing. There is absolutely no educational criteria for being in Parliament. After all, there have been chain-snatchers, murderers, illicit brewers, rogues, philanderers and the like – with absolutely no certificate of worth – occupying the very same seats that are now being occupied by a plethora of eminently qualified men and women. The whole saga blew up over the egotistic Sri Lankan characteristic of pretence – ‘boru-show’ in the vernacular. Had this not been the case nothing would have happened and the Honourable Speaker would have been sitting pretty! Just a note of caution Mr. President. Lankans love to flaunt their highest level credentials. It should not surprise you that in all probability Sri Lanka has the highest number of ‘Doctors’ per capita. And these are not of the medical type whom you wish there were more of. But those claiming various other (and sometimes dubious) expertise. It may not come as a surprise that there may be in Parliament those with doctorates in ‘sesquipedalian’ – the overuse of big words when speaking! It certainly must be the case that the Sri Lankan parliament has the highest numbers of ‘Doctors’ of any legislative chamber in the world. Parliamentary chatter must be like being in a hospital with the word ‘doctor’ flowing thick and fast. You should have picked a few more CIMA accountants who quietly go about adding value. Mr President you are however not of that false demeanour. You do not need alphabets before or after your name to command respect. Your down to earth presence is sufficient. It is noted that even though your Presidential travel requires you fly in business class, you miss the hustle, bustle and chatter at the back of the plane. That is the type of man you are. Stay that way and never lose the common touch. That being said you should have cared for your dear mother better than to let her stand in that hospital queue although that would have been the way she wanted it. However, it may give your detractors a chance to say that if you do not care for you mother how would you care for rest of the community? Your point however could mean that what’s good for the goose is good for the gander. Your first international Presidential visit was impressive – you held your own and hopefully with more such international forays you will once again put Sri Lanka on the global stage. Fear not, Mr. President, you may not speak the language of the King but you speak the language of the heart. Just one little word of advice....... When inspecting a guard of honour, you should keep in step with the aide-de-camp – the officer accompanying you. You are known to walk quite fast, but you need to change. As Commander-in-chief get one of your best drill sergeants to give you a bit of practice. They will oblige. Finally, Mr. President when handing out Christmas presents to your team include some books on modern world geography. It is important to know politically correct country names when playing on the international stage to avoid embarrassment. We wish you and all our fellow countrymen a bright and prosperous 2025.

The cafe owner, the fund manager and the $35 million windfall

Reaves scores 20 points as Iona secures 79-73 victory over ColgatePHILADELPHIA--(BUSINESS WIRE)--Dec 19, 2024-- Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company’s position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241219109142/en/ Quantum has customer spend of nearly half a billion dollars (converted to US currency) and has operations in Spain, Portugal, Germany, the Netherlands, Zanzibar, Mexico, the Dominican Republic, and Jamaica. “We are very pleased to bring Quantum into our portfolio,” said Autumn Bayles, Aramark’s Senior Vice President of Global Supply Chain and Group Purchasing Organizations. “Both companies share a similar vision and culture and adding Quantum positions us to better globally serve not only the hotel category, but several other hospitality markets in the Quantum geographies.” Quantum’s associates and clients can expect a seamless transition to Avendra International over the coming weeks. Their CEO will continue to lead the Quantum business and operations will remain unchanged. “We are excited to begin our next chapter as part of Avendra International,” said Alex Casajuana, Chief Executive Officer of Quantum. “Our associates, clients and suppliers will not see any changes in how the company operates and we are now better positioned to provide stronger outcomes for our clients and suppliers.” Quantum manages, to varying degrees, the expense categories that a hotel establishment might incur, including food and beverage, housekeeping and non-consumable products, services, energy and telecommunications, maintenance expenditures, small equipment, and insurances. “Our purchase of Quantum is part of our strategy to expand the footprint of Avendra International and strengthen our purchasing capacity in hospitality related products, services and engineering solutions in particular,” said Ian Murphy, Aramark’s European Senior Vice President of Supply Chain and Group Purchasing Organizations. In addition to hotels, Quantum also serves restaurants, gaming establishments, and senior and youth residencies. This purchase represents part of Aramark’s “tuck in” acquisition strategy to position the company for continued profitable growth. About Avendra International Avendra International is a leading strategic procurement and supply chain partner to a wide range of organizations, including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. Avendra International leverages $20.5 billion in procurement power and combines supply chain resources backed by Aramark’s global footprint across 15 countries. What makes us stand out is our team of local experts who are deeply knowledgeable about the cultural, industry and sector-specific nuances of each country we operate in. Whether clients aim to reduce costs, boost efficiency, drive innovation, or achieve sustainability targets, we provide the support they need to succeed. By harnessing our tailored solutions, advanced technology, and industry expertise, we enable organisations to thrive. About Aramark Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 15 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Aramark has been recognized on FORTUNE’s list of “World’s Most Admired Companies,” The Civic 50 by Points of Light 2024, Fair360’s “Top 50 Companies for Diversity” and “Top Companies for Black Executives,” Newsweek’s list of “America’s Most Responsible Companies 2024,” the HRC’s “Best Places to Work for LGBTQ Equality,” and earned a score of 100 on the Disability Equality Index. Learn more at www.aramark.com and connect with us on LinkedIn , Facebook , X , and Instagram . View source version on businesswire.com : https://www.businesswire.com/news/home/20241219109142/en/ Chris Collom, 215-238-3593,collom-chris@aramark.com KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SUPPLY CHAIN MANAGEMENT RETAIL RESTAURANT/BAR LODGING DESTINATIONS TRAVEL FOOD/BEVERAGE SOURCE: Aramark Copyright Business Wire 2024. PUB: 12/19/2024 01:40 PM/DISC: 12/19/2024 01:38 PM http://www.businesswire.com/news/home/20241219109142/en

Beyond Air, Inc. (NASDAQ:XAIR) Short Interest Down 24.4% in DecemberNotable quotes by Jimmy Carter

The Boston Red Sox continued to rebuild their pitching staff, acquiring left-hander Jovani Morán on Tuesday from the Minnesota Twins in exchange for catcher and infielder Mickey Gasper. The 27-year-old Morán appeared in 79 games as a reliever for the Twins from 2021 to 2023, posting a 4.15 ERA, striking out 112 with 52 walks and holding opponents to a .208 batting average. He missed all of last season recovering from Tommy John surgery. He originally was chosen in the seventh round of the 2015 draft. In Gasper, the Twins are getting a 29-year-old who made his major league debut last season and appeared in 13 games with Boston. The switch-hitter was selected by the New York Yankees in the 27th round of the 2018 draft. He was picked by Boston in the minor league portion of the 2023 Rule 5 Draft. The Red Sox and Twins both currently have 39 players on their 40-man rosters. AP MLB: https://apnews.com/hub/mlbBrits will watch FIVE hours of telly a day over Christmas and ‘lie’ to loved ones to avoid socialising for a boxset

Will Taylor Swift be at Chiefs vs Steelers to cheer on Travis Kelce on Christmas Day?

• Stabilising global economy supports investment and access to capital • Market conditions favourable, with abundant liquidity and rising valuations • Decarbonisation and digitisation drive long-term structural change The stabilising global economy and some easing of key challenges that defined recent years are creating a more constructive outlook for businesses to pursue strategic investments and access capital. Global equity markets strengthened through 2024 as investors positioned their portfolios towards growth. In Australia, equity issuance increased rapidly in the second half and, after a long drought, initial public offerings strengthened in the final quarter. Borrowers globally are benefiting from an abundance of liquidity with credit spreads approaching three-year lows. Combined with record levels of private capital waiting for deployment, conditions are set for a pivotal year in markets. Behind it all, the major movements of decarbonisation and digitisation are propelling profound structural change and will continue to drive capital deployment and transaction activity for businesses with leaders ready to act decisively and seize the opportunities ahead. ‘’It is always better to focus on the structural rather than the cyclical. In five years’ time, the winners will be those who recognised and acted on these structural opportunities to pursue their strategic agendas, while also managing their important social licence responsibilities.” Tim Joyce, Head of Macquarie Capital, Asia-Pacific The past year has witnessed the digital revolution gather pace, driving surging demand for processing power as businesses accelerate cloud migration, harness AI’s transformative potential, and develop AI-driven strategies to reshape operations and unlock efficiencies. By contrast, the energy transition has faced challenges amid uncertainty about the global decarbonisation path, the achievability of targets, and the pace of transmission infrastructure development. “Two big global thematics – one is burgeoning while the other is a more complex equation, but both are certainties and inextricably linked,” says Joyce. “AI feels like a one-way bet. Most large-scale businesses are developing AI business cases and computing activity is rapidly moving to the cloud. There is a very clear pathway there. “The energy transition is more complicated, but the level of systemic infrastructure required to support the transition is immense.” Still, short-term complexity does not change long-term outcomes. “Timeframes might shift – and it will inevitably take longer than some of the targets that have been set – but the energy transition is happening. It is not a question of if, but when.” As AI reshapes industries and the energy transition evolves, one thing is clear: the world is facing an inexorable rise in demand for power. Michael Milne, Macquarie Capital’s Head of Technology, Media, Entertainment, and Telecommunications in Australia and New Zealand, says the accelerating cloud and AI transition is driving global demand for data centres and the energy infrastructure that powers them. “The fundamental message is that processing demand has strong structural tailwinds. The common thread is clear: AI, cloud computing, and emerging technologies like quantum all need processing, and processing is about power.” In fact, energy is fast becoming the single most constraining factor in the digital transition. “The efficiency of computing is rising exponentially, but the gains are not enough to offset the growth in demand for power at this stage.” Meeting the twin challenges of surging energy demand and decarbonising the global economy depends on securing the critical minerals that underpin industrial growth and electrification. The resources sector is entering 2025 in a strong position, with robust fundamentals now being seen across most commodities, says Macquarie Capital’s Global Head of Critical Minerals and Energy, Russell Keating. Continuing urbanisation and industrialisation, particularly in Asia, is driving sustained demand for raw materials and energy, while the energy transition is continuing to create significant demand for copper in particular, which plays a critical role in electrification and batteries. As a result of limited supply, growing demand, buoyant commodity prices, and an increasingly scarce set of investment options, opportunities are emerging for companies willing to take decisive long-term positions. “It’s a unique inflection point for opportunities in key minerals. We expect commodity prices to support activity, and the brave will be rewarded if they’re prepared to act and invest on a long-term basis,” says Keating. Commodities are only part of the story. Tom Butcher, Macquarie Capital’s Head of Infrastructure, Asia-Pacific, says building the infrastructure required to support electrification demands unprecedented levels of capital investment. This investment spans a vast array of critical projects including expanding and upgrading electricity grids, adding renewable generation capacity, electrifying heavy industry and mining operations, modernising electricity meters, and deploying battery storage across homes and businesses. Compounding the challenge is a backlog of essential projects created by several years of underinvestment. Post-pandemic, as interest rates rose, many asset owners delayed investment plans, straining infrastructure networks. This backlog began to clear in 2024, setting the stage for accelerated activity in 2025 as more projects move forward. Butcher says debt markets are among the most supportive they have been in years, creating a favourable environment for financing these kinds of large-scale projects. Both public and private equity investors have remained active, but they are seeing increased allocations to the sector as activity continues to rise. “The scale of the opportunity is enormous,” says Butcher. “And it is going to go on for decades to come, with significant opportunities across all key infrastructure sectors.” Macquarie Capital’s Co-Head of Equity Capital Markets, Asia-Pacific, Georgina Johnson, says 2025 is shaping to be the most favourable environment for business since the pandemic. “We came out of COVID with ASX corporates very well capitalised, but quickly moved into an inflationary environment where businesses primarily focused on optimising core operations,” says Johnson. These conditions left many companies unable to pursue expansion or acquisitions until they could fully assess and adapt to cost inflation and the impact of higher interest rates. Now, with cost inflation stabilising and RBA cuts expected in the first half of the year3, boards and management teams are refocusing on growth. “Recent transactions pursuing growth initiatives have seen strong support from investors, with the market willing to pay attractive multiples for high-quality sustainable earnings growth. “The average price-to-earnings multiple for the ASX 200 is around two and a half times higher than the long-term average4 – providing issuers with an attractive cost of capital to fund growth,” says Johnson. Amid growing confidence that momentum and growth are being rewarded, businesses are also increasingly focusing on balancing the needs of shareholders, stakeholders, and the wider community. Macquarie Capital’s Head of Financial Institutions Group in Australia and New Zealand, Laura Golis, says she sees business ready to move forward with confidence after a period of post-COVID adjustment and reflection. Golis describes this shift as an “alchemy” of factors coming together – the easing of 2024’s political uncertainty, a new sense of economic stability, and the return to more sustainable interest rate levels. This renewed purpose is matched by a growing sophistication in stakeholder management as businesses increasingly focus on long-term community needs and seek to address real challenges. “Leaders have to make decisions – not making a decision is as risky as making one,” says Golis. “The microscope on business is much stronger, but people are increasingly factoring that into decision making.” Risks lie ahead, however, especially as markets prepare for the arrival of the incoming new administration in the US. While a sense of market optimism prevails, questions linger about the pace and scale of US tax cuts and their impact on consumer spending and inflation. President-elect Trump’s tariff plans also present uncertainty for Australian businesses, with some likely to benefit and others face challenges. “There will continue to be volatility – but overall, it will be a positive environment,” says Johnson. “Even given the sporadic activity over the course of the past year, when ASX corporates have come to the market to fund growth, debt and equity investors have been very supportive.” Driving that support is a supply-demand imbalance as fund inflows continue for listed equities but issuance remains lower than in previous periods. This imbalance is creating a favourable environment for companies coming to market. “Listed investors have dry powder – equity markets continue to perform well with funds continuing to be allocated to the asset class that they need to put to work.” Adding to the attractiveness of the backdrop is a notable increase in activity from private capital investors and high-net-worth individuals, particularly in AI-related ventures and disruptive technology businesses. Dragi Ristevski, Macquarie Capital’s Head of Private Equity, Asia-Pacific, says private capital is poised to play an increasingly important role in 2025 as the confluence of stabilising macroeconomic conditions, record levels of dry powder, and a growing pipeline of exits combine to drive renewed activity. “Private capital players need two sources of capital for deal-making – equity and debt,” says Ristevski. “They continue to have near-record dry powder in equity, and debt is now increasingly available on attractive terms. This combination should lead to a more constructive context for deal activity.” While inflation and higher interest rates have hampered consumer activity over the past year, stabilising economic conditions are helping buoy confidence. “Private equity firms and private capital firms are ready to deploy. At the same time, businesses that need exits have been waiting for stronger conditions to get those transactions done. “The capital waiting to be deployed needs to find its way to the assets that need to exit. As we enter the year with more positive sentiment and confidence, there should be a better setting for transactions.” Source: Macquarie Group LimitedFormer U.S. President Jimmy Carter, renowned globally for his humanitarian efforts following his presidency, has passed away at the age of 100. Naija News reports that The Carter Center confirmed his death on Sunday, stating, “ Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia.” Carter’s death comes just months after the passing of his wife of 77 years, Rosalynn, who died in November 2023 at the modest home they built in 1961. The couple had spent their later years in the same house where Carter began managing his father’s peanut business before venturing into politics. In February 2023, Carter announced his decision to enter hospice care, choosing to forego further medical intervention. At the time, his grandson, Jason Carter, shared, “They are at peace and – as always – their home is full of love ,” in a heartfelt social media post. Despite his declining health, Carter remained politically engaged, expressing his desire to vote for Vice President Kamala Harris in the 2024 presidential election. Carter, who served as the 39th president from 1977 to 1981, made history as the longest-living former U.S. president, surpassing George H.W. Bush in 2019. Following his single term in office, he dedicated decades to charitable causes, including monitoring elections in developing countries, building homes through Habitat for Humanity, and teaching Sunday school at Maranatha Baptist Church in Plains, Georgia. During his presidency, Carter achieved significant milestones, such as brokering the Camp David Accords between Israel and Egypt, transferring control of the Panama Canal to Panama, expanding public lands in Alaska, and formalizing diplomatic ties with China. However, his administration faced challenges, including high inflation, energy crises, and the Iran hostage crisis, which contributed to his defeat in the 1980 election against Ronald Reagan. In his later years, Carter battled various health issues, including brain cancer in 2015 and complications from falls in 2019. Nonetheless, his commitment to humanitarian work never wavered. His efforts were recognized in 2002 when he received the Nobel Peace Prize, cementing his legacy as a tireless advocate for peace and human rights.

Compared to some stories that get revived or remade every decade or so, three versions of Nosferatu over the span of literally 100-plus years isn’t that many. But, of course, there’s been an asterisk affixed to Nosferatu ever since the original German silent film was released in 1922: This movie (full title: Nosferatu: A Symphony of Horror ) is actually an adaptation of Bram Stoker’s famous novel Dracula , which was just 25 years old at the time. Though names and details of the story were changed, the original German intertitles acknowledged the inspiration of Dracula , which was enough ammunition for Stoker’s heirs to sue, leading to a court order that all copies of the film by destroyed. Luckily, some copies survived, and the film’s reputation gradually grew. At the same time, Dracula adaptations proliferated, and, when the book/character fully entered the public domain in 1962 (after a copyright error made it fair game in the United States much earlier), there were even more. This means that Nosferatu was eventually just one of many unauthorized versions of Dracula – and, ironically, this legally dicey German ripoff is more faithful to Stoker’s book that many of the adaptations that followed. At the same time, Nosferatu became well-known enough on its own to inspire multiple remakes, as well as a bit of fan-fiction. With all of these Nosferatus running around, including the latest remake hitting theaters on Christmas, which versions are most worth your time? Let’s run through them chronologically and see. THE VERSION CONTROL VERDICT: All Nosferatu s are good! Truly, it’s difficult to go wrong here unless you inexplicably watch Shadow of the Vampire first and then none of the other ones for decades (which, shamefully, is exactly what I did, albeit not really on purpose). If you’re only good for a single iconic Dracula ripoff, then by all means, the 90-minute original silent Nosferatu is the way to go; it’s a masterpiece, and it’s free to watch at home. What could be better? But this is one of those situations where watching three successive interpretations is both informative and entertaining. Jesse Hassenger ( @rockmarooned ) is a writer living in Brooklyn. He’s a regular contributor to The A.V. Club, Polygon, and The Week, among others. He podcasts at www.sportsalcohol.com , too.

NoneThe Secret Ingredient That Guarantees A More Flavorful BurgerSaquon Barkley becomes ninth running back to rush for 2,000 yards in a season

YOU can now pick up your groceries in style with an affordable Waitrose buy. However, the supermarket chain has had to take steps to prevent people from reselling the popular designer buys. In a post on the Facebook group Overheard in Waitrose , one shopper shared the new rule Waitrose have implemented for customers. The poster explained that the shop's designer bags for life have been the target of resellers. According to the Facebook user, Waitrose has come up with a simple workaround to avoid this issue. "Designer bags rationed to two per person in my local Worthing Waitrose," they wrote. The shopper was able to confirm the reason behind the restriction when speaking with employees. "People are reselling them for a hefty markup according to staff," they revealed. The Facebook user included a picture of some of the designer bags for life on the shelves. Designed to be reused, bags for life have become increasingly popular since the implementation of the single-use plastic bag fee in 2015. Waitrose has teamed up with popular designers to create more fashion forward options for their shoppers. The WR Lulu Guinness Chess Bag is currently available for £12 from Waitrose. Shoppers can also pick up the Lulu Guinness Flurry Reusable Bag for £15. The look features Lulu's iconic lipstick stain symbol and has a removable zip for every day use. They also include internal and external pockets as well as dual straps to allow you to carry it over your shoulder or in your hand. Facebook users shared their thoughts on the new restriction in the comments section. "Seen them on Vinted for £25 and up to £40," wrote one commenter. SPOTTING the real deal from a knock off is harder than ever. These days fake clothes, bags and jewellery are almost identical to the real thing making it harder to spot the difference. Here, Clemmie Fieldsend gives you tips on how to spot if your buys are counterfeit or legit. Bags: Watches: Sunglasses: "In Windsor, they were pinching them. Staff only put one out which was security tagged," wrote another person. "These are good for stocking-fillers - or to put presents in," pointed out a third reader. "I must be bucking the trend as I bought one and simply used it myself," said another Facebook user. "Good to know, I'll take care of mine!" joked one shopper. "You can buy as many as you want in Hersham! Old design by the way," said another reader.

CEAT Kelani Holdings has broadened the scope of its flagship community initiative promoting road safety around schools by engaging with the Police and the Sri Lanka Corps of Military Police (SLCMP) of the Sri Lanka Army, two institutions that play lead roles in this domain. The company recently presented stocks of traffic management-related signboards and traffic cones to these institutions, as one of its community commitments that makes up the ‘CEAT Cares’ portfolio of community projects. The signboards and traffic cones presented to the Cinnamon Gardens Police Station are to be strategically placed on main roads to facilitate traffic management near schools, government institutions, and other high-traffic areas within the station’s jurisdiction, supporting CEAT’s efforts to help improve road safety and aid law enforcement maintain smooth traffic flows. Meanwhile, the signboards presented to the Military Police of the Sri Lanka Army will facilitate the SLCMP’s role in traffic control and ensuring safety during major national celebrations such as the Independence Day celebrations and national war heroes commemoration ceremonies, as well as events organised by the Sri Lanka Army. An articulation of CEAT’s credo – “Making mobility safer and smarter every day” – the CEAT Cares programme has been sustained by CEAT Kelani Holdings since 2010 and has benefitted 290 schools across the country to date. It involves the presentation of traffic safety equipment to schools located close to main roads and in high congestion zones as part of the company’s continuing commitment to make commuting safer, especially for school children. This flagship community initiative was designed to reflect CEAT’s focus on safety on the roads – a key element in all its products. The largest domestic manufacturer of cross-ply and radial tyres in Sri Lanka, CEAT Kelani Holdings currently manufactures half of the country’s pneumatic tyre requirements, and exports about 20 per cent of its production to 16 countries. The joint venture’s cumulative investment in Sri Lanka over the past decade alone exceeds Rs 8.5 billion.

PM constitutes committee to resolve issues between PMLN & PPP

India’s real estate to remain gung ho on luxury, premium housing in 2025 as affordable takes a backseatBuy or sell: Vaishali Parekh recommends three stocks to buy today — December 30