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Move over Mercedes: Chinese cars grab Mexican market share

NoneClothes seller has warned it will run out of cash in early 2025 unless it gets more funding. The struggling retailer said sales had been “disappointing” in the trading period and that its cash reserves are “less than previously anticipated”. It said the poor trading was partly because of the “impact of inflationary pressures on consumer confidence and spending”. But it also blamed “subdued consumer demand for the brand”. “As a result, the board anticipates that additional funding will be required by the group in early 2025,” it said on Friday. fashion retailer Quiz has been struggling for several months, and recently announced that it will delist from the London Stock Exchange to cut costs. The company operates 62 stores and 47 concessions across the UK and according to its website has about 1,500 staff. Earlier this month, it said it had suffered a poor trading period in November and had hired advisers as it neared running out of cash. Since then, demand has “shown signs of improvement” in December, with online revenues tracking similar with the previous year, it said. In-store sales caused the company particular headaches, it said, with sales trending “behind those achieved last year”. Chairman Peter Cowgill said the company needs to “substantially reduce” costs, which will likely see the closure of parts of the business. Beyond that, he wrote, “there exists substantial risks associated with the group’s ability to continue as a going concern”, meaning it could go bust. The company pointed to a potential extra annual cost of £1.7 million because of increases in the minimum wage and employer national insurance contributions. Those policies, announced by the Government in the autumn, will not take effect until April, before which Quiz needs fresh funding.

Tears as first pictures of couple killed in Blanchardstown hit-and-run released

State health officials and the Centres for Disease Control and Prevention (CDC) are keeping a close eye on the household for signs of bird flu. The CDC recently discovered the first severe human case of H5N1 bird flu in the United States , despite the fact that no human cases have been reported in Oregon. ET Year-end Special Reads Two sectors that rose on India's business horizon in 2024 2025 outlook: Is it time for cautious optimism or rekindling animal spirits? 2024: Govt moves ahead with simultaneous polls plan; India holds largest democratic exercise The person who was admitted to the hospital in Louisiana may have been exposed by a flock in their backyard. A cat in Oregon passed away from bird flu, a highly contagious disease connected to tainted pet food, prompting a nationwide pet food recall. Concerns regarding domestic pets' vulnerability to avian influenza, especially cats , have been raised by the incident. Northwest Naturals' Feline Turkey Recipe raw frozen pet food, which has a sell-by date of May 21, 2026, to June 23, 2026, is the subject of the recall. The batch tested positive for bird flu, also known as highly pathogenic avian influenza (HPAI). The impacted product should be thrown away, and customers can request a refund by calling Northwest Naturals at 866-637-1872. 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A Cat's Death Associated with Polluted Food State officials ruled out environmental exposure to the virus by confirming that the cat in question was an indoor pet. According to genome sequencing, the virus strain identified in the infected cat was the same as the one found in the raw pet food. According to Dr Ryan Scholz, a veterinarian at Oregon State, "this cat was strictly indoors; it was not exposed to the virus in its environment." He underlined that the pet food itself was the source of the contamination. State health officials and the Centres for Disease Control and Prevention (CDC) are keeping a close eye on the household for signs of bird flu. The CDC recently discovered the first severe human case of H5N1 bird flu in the United States, despite the fact that no human cases have been reported in Oregon. The person who was admitted to the hospital in Louisiana may have been exposed by a flock in their backyard. Cats as Carriers: Some Concerns According to a recent study, there are worries that cats may spread bird flu. They can contract the disease by eating tainted food or coming into contact with infected birds. This emphasises how crucial attention to detail is when it comes to pet care and supervision. Symptoms In humans, symptoms can range from mild to severe, including fever, cough, sore throat, muscle aches, eye infections, and difficulty breathing. Although birds are the primary victims of bird flu, certain situations can also infect mammals, such as cats and humans. Among the symptoms in cats are: the inability to breathe, laziness, diminished appetite, fever, nasal discharge, and convulsions (in extreme situations) Steps to Protect Pets and Families To protect both pets and humans from bird flu, experts recommend avoiding raw pet food, practising hygiene, supervising pets outdoors, regular veterinary checkups, and proper disposal. Industry and Public Health Response The recall follows increased surveillance of bird flu cases among domestic animals, and authorities are urging consumers to remain vigilant about their pets' health and report any suspected cases to local veterinarians or health departments. FAQs Can cats catch bird flu? Yes, cats can get bird flu from contaminated food or contact with infected birds. The symptoms include difficulty breathing, lethargy, and fever. If symptoms develop, seek immediate veterinary attention. Which pet foods are affected by the recall? Northwest Naturals' Feline Turkey Recipe raw frozen pet food, with sell-by dates of May 21, 2026 and June 23, 2026, has been recalled due to contamination with highly pathogenic avian influenza (bird flu). (You can now subscribe to our Economic Times WhatsApp channel )Organisations are facing a new era of nonfinancial reporting with the European Union’s Corporate Sustainability Reporting Directive (CSRD), now in effect. CSRD reporting is standardised through the European Sustainability Reporting Standards (ESRS), making it easier to make direct comparisons and improve consistency across twelve sector-agnostic standards. Among the standards is the requirement for organisations to report data on their own workforces (ESRS S1). Quick Hits The ESRS reporting standards will be mandatory for all companies covered by the CSRD, which began in January 2024. The CSRD has a broad jurisdictional scope, and for companies operating within the European Union or with substantial business in the EU, understanding and implementing the CSRD’s obligations is crucial. The CSRD goes beyond existing voluntary reporting guidance in the United States to ensure that disclosures are complete and comparable. U.S. companies that fall within the scope of these new requirements will likely require a dedicated report to remain compliant with the EU. Under ESRS S1, organisations will be required to report on the number of work-related incidents and/or complaints and severe human rights impacts, and any related fines, compensations, or sanctions that occurred during the reporting period. This includes work-related incidents of discrimination, such as discrimination on the grounds of race, age, and gender. ESRS S1 also includes incidents relating to workplace harassment as a specific form of discrimination. Organisations will be required to disclose strategies they have employed to identify and manage any material impacts of the social factors or matters mentioned in the standard on their own workforces, together with the accompanying risks and opportunities. The objective of ESRS S1 is also to enable users to understand the extent to which the organisations align and comply with human rights conventions in the EU and internationally. Reporting Obligations In addition to the above, applicable organisations will be required to disclose the following: any specific policies in place aimed at the elimination of discrimination, such as those that promote equal opportunities, encourage expressions of gender identity, and aim to protect workers from harassment; if the following grounds for discrimination are specifically covered in any applicable policies: sexual orientation, racial and ethnic origin, age, colour, sex, gender identity, disability, religion and political beliefs, or other forms of discrimination specified under EU regulation and national laws; any specific policy commitments addressing the areas of workplace inclusion or positive action plans for people deemed to be at increased risk of vulnerability in the organisation’s workforce; any information about the above policy’s implementation through specific procedures to target the prevention and mitigation of discrimination; and response plans to handle reports related to discrimination or related incidents. Covered Organisations The CSRD applies to all public and private entities previously subject to the Non-Financial Reporting Directive (NFRD) and to large EU companies (including subsidiaries of non-EU parent companies) that meet at least two of the following criteria: More than 250 employees Net turnover (revenue) of more than €50 million Total assets of more than €25million It will also apply to parent companies from a third country (including the United States) with securities listed on an EU-regulated market, regardless of whether the issuer is located within the EU or in a non-EU country. There are some exceptions to the above scope, such as the exclusion of micro-undertakings or the inclusion of large credit and insurance organisations regardless of their legal form. Crucially, the CSRD extends to non-EU organisations, making its implications global. Timeframe The reporting requirements under the CSRD will be implemented in four stages, the first of which is currently taking place. The ESRS took effect on January 1, 2024, but reporting will commence in 2025 for the 2024 financial year. The ESRS requirements are already applicable to organisations previously under the scope of NFRD (which is being phased out in favour of the CSRD). The inclusion of listed small and medium enterprises (SMEs) in the scope is likely to occur in 2025, with a two-year opt-out period for qualifying organizations to defer reporting obligations. In 2028, non-EU parent firms that exhibit significant activity and presence within the EU will become subject to the CSRD. This means parent companies with at least one subsidiary subject to the CSRD, or that have had a net turnover in the EU of more than €150 million in each of the last two consecutive financial years, or that have at least one EU branch that brought in more than €40 million in net sales in the preceding financial year. Penalties Member states will have the authority to issue penalties for noncompliance; therefore, sanctions may differ, resulting in a potential spectrum of financial penalties and risk of reputational damage.

OTTAWA — A Canadian criminologist who once worked on inland immigration enforcement for the Canada Border Services Agency said Canada needs to better track foreign nationals who arrive in the country on student visas. Kelly Sundberg, a professor at Mount Royal University, said he was not shocked to hear that Indian law enforcement agencies are investigating links between Canadian colleges and a scheme to ferry international students across the Canada-U. S. border. "I'm not surprised that our ridiculous honour-based immigration program is being gamed by transnational criminals. That doesn't surprise me at all," Sundberg said. India's Enforcement Directorate said on Tuesday it had uncovered evidence of human trafficking after launching an investigation on the Indian connections the deaths of Jagdish and Vaishali Patel and their two children in January 2022. The Indian family was found dead from the cold near the Manitoba-Minnesota border and last month an American and an Indian man were convicted of bringing unauthorized people into the U.S. and profiting from it. The Indian agency says it has evidence that an Indian national allegedly arranged for people to get admissions to Canadian colleges in order to get a student visa for Canada, intending to then cross into the U.S. with no plan to actually study in Canada. The RCMP said in a statement that it is aware of the Indian statement and have reached out through the country's international police liaison to get more information on the investigation. The RCMP said it would have no further comment. The federal government deferred comment to the RCMP. The allegations have not been proven in court and India has not identified the Canadian colleges allegedly involved. Colleges and Institutes Canada said they do not have information on the nature of colleges linked to these allegations, and are committed to helping ensure student safety and the integrity of the immigration system. Sundberg said having a means to track when and how temporary residents, including international students, leave the country would reduce vulnerabilities in the system. "When I was an immigration officer, I saw this playing out 17, 20 years ago. So it hasn't changed," Sundberg said. "What it takes is the government has to enforce the laws it has. It needs to start collecting the bio data, so the photos and the fingerprints of every non-citizen crossing our border and have a process to confirm their departure. We need to tie documents with the biometrics." Sundberg said he'd be "very surprised" if reputable post-secondary institutions were part of these allegations. Instead, he suspects colleges set up in strip malls. These types of schools have been a focus in Canada's student visa reforms, with Immigration Minister Marc Miller calling them the diploma equivalent of puppy mills. These latest allegations land as Canada is making major changes to its immigration system, including significant cutbacks on the number of student visas it issues. At an immigration committee meeting last month, the Conservatives asked how Canada tracks international students if they leave the country. At that committee hearing, Miller said the vast majority of people on temporary visas, including students, leave once their visa expires. He said there is work to do to curb asylum claims from international students. The problem of people crossing into the U.S. illegally has also become a thorn in the Canada-U.S. relationship ahead of the return of Donald Trump as president next month. Trump has threatened steep tariffs on all Canadian goods if Canada doesn't do more to end illegal border crossings and the flow of illegal drugs into the United States. This report by The Canadian Press was first published Dec. 27, 2024. -With files from Dylan Robertson David Baxter, The Canadian Press'Crusader for what she believed in': Former MP Nikki Kaye diesAP Business SummaryBrief at 2:02 p.m. EST

A surprising figure will assist the New York Jets in their search for a new coach and general manager, and fans are not necessarily thrilled with it. The Jets are retaining The 33rd Team, a media and technology organization that bills itself as a football think tank, to assist the organization in the search for a new coach and general manager. The interesting angle is that The 33rd Team is co-founded by longtime Jets general manager Mike Tannenbaum . Jets are retaining The 33rd Team to support them on their upcoming general manager and head coaching searches. Former Jets general manager Mike Tannenbaum and Vikings general manager Rick Spielman will lead the project for the NFL Technology and Media company. The 33rd Team... pic.twitter.com/NfRwDt39cA — Adam Schefter (@AdamSchefter) November 25, 2024 Tannenbaum was a member of the Jets organization from 1997 to 2012, including a stint as GM from 2006 to 2012. The Jets went to two AFC Championship games during his tenure, but the ensuing collapse has not made him popular among Jets fans. His recent media career, and some of the takes he has put forward during it, have not exactly enhanced his reputation. Unsurprisingly, there was a great deal of skepticism toward giving Tannenbaum any role in the Jets’ process, with some joking that Tannenbaum might wind up trying to hire himself. The Jets saw this and said "Get Mike Tannenbaum on the phone" https://t.co/cajMd8FgbX — Ben Axelrod (@BenAxelrod) November 25, 2024 I wouldn’t let Mike Tannenbaum decide what I was having for lunch https://t.co/KLtSN2CyvW — Soapboxmox (@SoapBoxMox) November 25, 2024 This is why the Jets are perpetually bad. The leadership decisions are atrocious. FYi, our wonderful team owner, @woodyjohnson4 fired Mike Tannenbaum as a GM years ago for making poor football decisions...and now he's in charge of making the two most important football decisions. https://t.co/ALaxuMs6qe — Ladi Dadi (@Loki_013) November 25, 2024 Asking Mike Tannenbaum for advice on who should be your next head coach and GM should be enough reason to be forced to sell your franchise https://t.co/xVrvS2HeEy — Sweet Lou (@Louis_Ville) November 25, 2024 It is not clear how much of a hands-on role Tannenbaum will have with the search, and the Jets are under no obligation to act on his recommendations. Letting someone the team fired a decade ago have any say in the search process is not exactly cause for confidence, though. Maybe he will end up getting the old band back together . The Jets are in the hunt for a new GM after firing Joe Douglas earlier this month. Many Jets fans hold ownership responsible for the current mess , though, and a move like this will only reinforce those perceptions. This article first appeared on Larry Brown Sports and was syndicated with permission.