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The Kingdom of Saudi Arabia (KSA) has achieved a groundbreaking milestone in the economic diversification process through the extraction of lithium prominently called “white gold” from oil field brines, marking a significant shift from historical dependence on oil towards other natural sources. The Kingdom’s state-owned petroleum company Saudi Aramco has just completed a pilot project that demonstrates the feasibility of extracting this valuable “white gold” mineral from its current oil fields near the sea. The extraction project is being conducted in cooperation with Lithium Infinity (Lihytech) – a startup founded based on the King Abdullah University of Science and Technology, Saudi Arabian mining company Ma’aden, and Aramco. Deputy Minister of Mining Affairs of Saudi Arabia Khalid bin Saleh Al-Mudaifer noted that the innovation was discovered at the university. “They are extracting lithium through the new technology developed in King Abdullah University for Science and Technology. They are in accelerated development in this regard,” Al-Mudaifer said quoted by Reuters . “They are building a commercial pilot at the oil fields. So the brines that come out of the field will feed into this continuously,” he added. The discovery aligns with the goals of Saudi Arabia’s Vision 2030 as the country aims to diversify the oil-dependent economy. The extraction costs presently remain high in comparison to the traditional salt flat techniques, but Al-Mudaifer remains optimistic about the commercial potential of the project as the global demand for lithium continues to grow. Currently, Lithium-ion (Li-ion) batteries are used to power up almost every electronic gadget from electric cars, laptops, and smartphones, to emergency lights, toys, and pretty every gadget used in daily life. Other key oil companies such as Exxon Mobil and Occidental Petroleum are also testing lithium extraction technologies pointing to a global shift towards green energy sources. Lithium has been confirmed as an area of interest for Aramco and the company has acknowledged the process of extraction. This is not only a source of additional revenue but a new history that Saudi Arabia is going to write for itself in the energy segment where the Kingdom will shift from an oil-dependent economy to a technology-driven hub of the world’s energy transformation. Lithium is known as “white gold” because of its silvery-white colour and its value in the market. The metal is the lightest and least dense solid element at room temperature. It’s also highly reactive and flammable. Lithium is abundant in the Earth’s crust, but it’s spread out very finely. Researchers estimate that there are around 200 billion tonnes of lithium in the world’s oceans, and 98 million metric tons in rocks and salt lakes on land.Wolves head coach Gary O’Neil insists he is happy to look fans in the face and take the criticism which comes his way after his team were jeered off after losing 4-0 to Everton at Goodison Park. It was the fourth time this season they had conceded four or more and the performance showed why they have the Premier League’s worst defence. When O’Neil and the players went over to acknowledge the visiting supporters there were boos for a run of two wins in 14 league matches. “Whatever the fans think of me, there is definitely no-none working harder than me and I will continue to do so until someone tells me not to,” said O’Neil, who is under increasing pressure with his side second bottom of the table. “I go over there to see them because I appreciate every one of the Wolves fans. They have given me unbelievable support since I arrived at the football club,” he said. “We managed to produce some unbelievable stuff last season with a team that was heavily tipped by most of the nation for relegation. We managed to enjoy it together. “Now it is tough. I was happy to go over there and look them right in the face and take any criticism they want to throw at me. “I accept responsibility for my part in that. Whatever criticism they want to throw at me will not change how I feel about them. “Everyone at this football club needs to do more. We will get back to be ready to fight again on Monday (another crucial game against West Ham, whose manager Julen Lopetegui’s tenure is hanging by a thread). “I will work with everything I have. I will back myself to get the most out of the group. I understand the drive for change (but) you never know how much of a percentage of supporters it is.” Veteran Ashley Young ended Everton’s 370-minute wait for a goal with a 10th-minute free-kick, his first league goal for more than two years, and on-loan Lyon midfielder Orel Mangala blasted home his first for the club to establish a 2-0 half-time lead. Two Craig Dawson own goals secured Everton’s biggest home league win since April 2019, but manager Sean Dyche insisted their issues up front were far from sorted. He said: “It’s our fifth clean sheet in the last eight so the consistency has been there in one degree, we just haven’t been scoring goals. That’s been the hardest thing to find consistently and we haven’t solved it yet. “Goals change everything, they change opinions. That’s what football is like.” The victory was hugely important in a month in which, having been hammered 4-0 at Manchester United, they face top-six sides Liverpool, Arsenal, Chelsea, Manchester City and Nottingham Forest and undoubtedly eased some of the pressure on Dyche and his players. “I’ve told them how proud I am of them,” he added. “The challenges come thick and fast on and off the pitch and they just keep going. “It’s only a step and there are many more to go but it’s a good step and a positive step. “It’s a temporary moment in time because the next one is a big one (Saturday’s Merseyside derby).”

The Stock Exchange of Thailand (SET) is to ask the Ministry of Finance to exempt the retrospective tax for merger and acquisition (M&A) deals of listed companies, as part of its moves to boost the sluggish domestic exchange. It also aims to push the Thai stock market as a listing hub for flagship businesses in sectors with the potential to grow, such as healthcare, data centres, and food and beverage. The Jump+ project will be launched next year to boost market capitalisation. SET president Asadej Kongsiri said during an interview with the Bangkok Post that listed companies are considering acquiring businesses outside the stock market, but they are concerned over potential negative consequences. "In the process of business expansion, there may be a merger along the way and sometimes the companies on the SET want to acquire non-listed peers," he said. Consequently, the SET is preparing to ask for support from the Ministry of Finance by avoiding retrospective tax collection for those businesses pursuing M&As. "That would help companies expand and grow to their goals faster without being afraid of having their accounting audited retrospectively," said Mr Asadej. These companies would grow, and that will allow the government to collect more tax revenue in the future. In turn, it would let more companies enter the official tax system, he added. JUMP+ PROJECT Mr Asadej revealed that the SET aims to increase the value of stocks and the market capitalisation of the Thai bourse through the Jump+ project, which is similar to a successful initiative by South Korea's stock exchange. Currently, there are more than 800 companies listed on the Thai bourse, with a market cap of roughly 17 trillion baht. Several companies have a large amount of assets and cash, with only a small portion of debt. Nonetheless, they do not have a plan to expand their business. "These companies are classified as having a lazy balance sheet, but they have growth potential," Mr Asadej noted. If a listed company has developed a business expansion plan and future investment, they will be able to increase their stock value, whether they grow in their current business or a new business. The Jump+ initiative is a growth acceleration platform designed to enhance the value creation journey of high-potential listed firms across the Thai capital market. Through this voluntary programme, the SET will empower listed companies by driving operational excellence, advancement in ESG (environmental, social and governance), and adoption of analytical tools and artificial intelligence (AI). Participants will gain access to advisory services and communication channels to enhance market visibility, along with benefits and incentives from the SET, government agencies and partners. The SET will also introduce a new index tracking the performance of successful Jump+ companies and provide analysis reports in partnership with the Investment Analysts Association to support their investment decisions. A group index, possibly called the SET Jump Plus Index, would be set up if a large number of companies participated in the programme, noted Mr Asadej, adding that this initiative would be implemented from the first half of 2025. LISTING HUB According to the president, the SET aims to be a listing hub for flagship Thai businesses, or industries that have strengths and high growth potential, and that are in investment trends. Target businesses include healthcare, wellness, data and cloud centres, and electronic parts. "We are preparing to meet with relevant agencies, including the Board of Investment, the Finance Ministry, and foreign embassies to help attract companies from all over the world to invest in Thailand," Mr Asadej said. "This is a long-term plan that may not be completed in my term. But it must be started to put the Thai stock market in the spotlight and increase the bourse's potential in the long term." Additionally, information spreads through social media and various other channels very quickly nowadays. They contain both the truth and untruths. Therefore, proper and effective communication and warnings provided to investors must be carried out more quickly. He added that the SET is considering the use of AI to help analyse small stocks to provide investors with better information for their investment decisions. One of the pain points nowadays is that investors can only see analysis of large stocks. It is not worth it for brokers to analyse smaller stocks that investors do not trade often. "Now there is technology that can do it. It is a basic analysis that can be translated into many languages for investors to choose from. It helps them access investment information more comprehensively," Mr Asadej said. RISK FACTORS Mr Asadej said that US-China trade is an external factor that could have implications for the Thai stock market in terms of both opportunities and risks. During the first Donald Trump administration from 2017 to 2021, there were US$130 trillion worth of manufacturing relocations from China to the rest of Asia, of which only 10% was captured by Thailand. Vietnam attracted a significant portion due to various factors such as its natural resources and a young workforce whose skill sets were better than that of the Thai population. When Trump returns to the White House next month, Thailand should adjust itself to be capable of seizing the opportunities, including manufacturing relations that are better than during the first Trump administration, said Mr Asadej. Another risk factor is that Trump will increase import taxes on countries that have a trade surplus with the US. Among the members of Asean, Thailand ranks second in terms of its trade surplus with the US and 12th within Asia. "We must closely monitor the US tax policies under the Trump government on countries where China has production bases, including Thailand," Mr Asadej said. As for domestic factors, Mr Asadej believes the political situation is more stable now and the economy is bouncing back thanks to the recovery in tourism to pre-pandemic levels and the government's faster budget disbursement. However, the energy and petrochemical groups, which are heavyweight stocks on the SET, are being pressured by the global economic slowdown while the high level of supply in the market has affected the profits of many companies. Those factors have resulted in a decrease in the total profits of listed firms on the SET overall. In future, it will be necessary to increase contributions from other industries on the SET to balance that of the energy sector, Mr Asadej added.

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Maresca led the Foxes to the Sky Bet Championship title last season before joining Chelsea over the summer. Leicester famously toasted their improbable Premier League success in 2016 with an impromptu bash at Vardy’s house. But the venue for last April’s party was not at the striker’s abode, but at Maresca’s house when the players turned up unannounced at 2am. Maresca recalled: “The best present I had from last season was when we got promoted and they arrived at my home. All the team. “This showed the connection between the players; they could go for a party at a different place but they all arrived at my home. It was a fantastic connection and I will always be thankful for them. “I was at home celebrating with my staff and my family and about two o’clock in the morning all the squad was there. We celebrated all together. Last night at Enzo’s 🏡 💙 — Leicester City (@LCFC) “When I was a player and I won things I never thought to go to the manager’s home. That shows the connection.” Similarly to when they clinched the Premier League crown, Leicester were not actually playing when they found out they were promoted after Leeds lost at QPR. “To be honest I was at home watching the game and when it finished all the staff came over – and later the players,” added the Italian. “They didn’t knock on the door, they were in the garden and knocked on the window. What time did they leave? I don’t remember.” Vardy might not be having a party at the end of this season but he is still banging in the goals at 37 and Maresca rates the striker even more highly than England’s two top goalscorers – Harry Kane and Wayne Rooney. “People don’t realise how good he is,” added Maresca. “I know England have been quite lucky because of Kane and Rooney, this type of striker, they are fantastic. “But Jamie is, if you ask me, the best one.” Maresca returns to the King Power Stadium for the first time with Chelsea on Saturday, but he will be without captain Reece James due to a hamstring problem.

EDITORIAL: The place where jokes go to dieLOS ANGELES — Until he sustained a season-ending knee injury last week in the Western Conference final, Galaxy playmaker Riqui Puig was having a tremendous season. So I heard. I watched Puig play only twice this year, once in the Galaxy's season-opening 1-1 draw with Inter Miami and a second time in his team's Fourth of July defeat to LAFC at the Rose Bowl. Outside of short highlight clips on social media, I never saw the former Barcelona prospect, not even when he assisted on the goal that sent the Galaxy to the MLS Cup final. That wasn't a reflection of my interest. Some of my friends will make fun of me for publicly admitting this, but I like Major League Soccer. I covered the league in my first job out of college and have casually kept up with it since. I take my children to a couple of games a year. My 11-year-old son owns Galaxy and LAFC hats but no Dodgers or Lakers merchandise. When flipping through channels in the past, if presented with the choice of, say, college football or MLS, I usually watched MLS. But not this year. While the MLS Cup final between the Galaxy and New York Red Bulls will be shown on Fox and Fox Deportes, the majority of games are now exclusively behind a paywall, courtesy of the league's broadcasting deal with Apple. MLS Season Pass subscriptions were reasonably priced — $79 for the entire season for Apple TV+ subscribers, $99 for non-subscribers — but I was already paying for DirecTV Stream, Netflix, Amazon Prime, PlayStation Plus and who knows what else. MLS became a casualty in my household, as well as in many others, and the possibility of being out of sight and out of mind should be a concern for a league that is looking to expand its audience. Which isn't to say the league made a mistake. This was a gamble MLS had to take. Now in the second year of a 10-year, $2.5 billion deal with Apple, MLS did what Major League Baseball is talking about doing, which is to centralize its broadcasting rights and sell them to a digital platform. Regional sports networks have been decimated by cord cutting, making traditional economic models unsustainable. The move to Apple not only increased the league's broadcast revenues — previous deals with ESPN, Fox and Univision were worth a combined $90 million annually, according to multiple reports — but also introduced a measure of uniformity in the league. The quality of the broadcasts are better than they were under regional sports networks. Viewers know where to watch games and when, as every one of them is on Season Pass and most of them are scheduled to start at 7:30 p.m. local time either on Wednesday or Saturday. "That's been fueling our growth and driving our fan engagement," MLS Commissioner Don Garber said Friday at his annual state of the league address. Apple and MLS declined to reveal the number of League Pass subscribers, but the league provided polling figures that indicated 94% of viewers offered positive or neutral reviews of League Pass. The average viewing time for a game is about 65 minutes for a 90-minute game, according to Garber. In other words, the League Pass is well-liked — by the people who have it. The challenge now is to increase that audience. The launch of League Pass last year coincided with the arrival of Lionel Messi, which presumably resulted in a wave of subscriptions. But the league can't count on the appearance of the next Messi; there is only one of him. MLS pointed to how its fans watch sports on streaming devices or recorded television than any other U.S. sports league, as well as how 71% of its fans are under the age of 45. The league also pointed to how it effectively drew more viewers to the Apple broadcast of Inter Miami's postseason opener with a livestream of a "Messi Cam' on TikTok, indicating further collaborations with wide-reaching entities could be in its future. Garber mentioned how Season Pass is available in other countries. The commissioner also made note of how Apple places games every week in front of its paywall. "What we have, really, is a communication problem," Garber said. "This is new, and we've got to work with Apple, we've got to work with our clubs and we've got to work with our partners to get more exposure to what we think is a great product." The greatest benefit to the league could be Apple's vested interest in improving the on-field product. MLS insiders said Apple has not only encouraged teams to sign more high-profile players but also pushed the league to switch to a fall-to-spring calendar more commonplace in other parts of the world, reasoning that doing so would simplify the process of buying and selling players. The on-field product is what matters. The on-field product is why MLS continues to face competition for viewers from overseas leagues. The on-field product is why the league hasn't succeeded in converting every soccer fan into a MLS fan. And ultimately, if casual viewers such as myself are to pay to watch the Galaxy or LAFC on a screen of some kind, the on-field product will be why.

SACRAMENTO, Calif. (AP) — Marquel Sutton scored 23 points as Omaha beat Sacramento State 70-60 on Saturday night. Sutton added eight rebounds for the Mavericks (4-7). Tony Osburn scored 15 points and added five rebounds and three steals. JJ White had nine points and went 4 of 5 from the field. Jacob Holt led the way for the Hornets (2-7) with 15 points, six rebounds and two blocks. Mike Wilson added nine points and six rebounds for Sacramento State. Chudi Dioramma had seven points, 10 rebounds and two blocks. Omaha's next game is Friday against Northern Iowa on the road, and Sacramento State hosts UC Davis on Saturday. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar . For copyright information, check with the distributor of this item, Data Skrive. Get local news delivered to your inbox!

Francis' 23 lead NJIT over Navy 69-64MongoDB, Inc. to Present at the Barclays 22nd Annual Global Technology ConferenceThe year in review – 2024

Funmi Ogundare Kora, a major player in Africa’s tech talent development, is amplifying its support for students by enabling participation in the Get Employable Conference ( GEC). This event, which was held virtually recently, was aimed at enhancing job readiness and career progression for young Africans and was powered by Ribara’s employability platform. The conference is crucial for Africa’s rapidly expanding technology sector, with Kora’s CEO, Dickson Nsofor, emphasising the urgent need to close the continent’s growing skills gap. Speaking at the program, Nsofor explained that Africa’s tech economy is experiencing rapid growth, but the supply of skilled tech professionals is not keeping pace. According to him, by 2025, four million new tech jobs will be created, but there will be only enough skilled talent to fill 50 per cent of these positions. The Get Employable Conference, he noted, equips participants with practical tools to enhance their job readiness and better align their skills with the evolving demands of the tech industry, ensuring Africa’s workforce remains competitive as the sector grows. He added that Kora has launched several strategic initiatives, including The Curve program, which provides tech training to underserved talent across the continent. The company has also established a N200 million ($250,000) endowment fund at Covenant University to support Computer Engineering students. Through our partnership with Ribara, Kora reinforces its broader mission to provide essential training resources and empower African youth with the skills needed to compete globally in the job market.” One of the beneficiaries, Chiamaka Nweke, a postgraduate Accounting student at the University of Lagos, said, “Thanks to Kora, I was able to attend the conference. Now, I have the tools to track my career growth and job readiness.” Enoch Oguntoye, a Mechanical Engineering student at Bells University, also expressed gratitude. “Kora’s dedication to growth made it possible for me to attend the conference.” Israel Olayinka, a Computer Science student at Lagos State University, Ojo, noted the transformation in his career perspective. “The support I received from Kora has been invaluable in providing critical career insights.” Dr. Peter, a co-founder at Ribara, emphasised the conference’s core goal, saying, “The main takeaway for participants is a shift from being unaware of market needs to identifying gaps in their skill readiness. The next step is achieving the competence required for specific industry roles.”How animation saved Hollywood: The 25 best animated films ranked