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Aston Villa boss Unai Emery has set his sights on automatic qualification to the last 16 of the Champions League after a 3-2 win at RB Leipzig. Ross Barkley’s 85th-minute goal gave them victory in Germany after goals from John McGinn and Jhon Duran early in each half were cancelled out by Lois Openda and Christoph Baumgartner. That sent them up to third in the new league phase of the competition ahead of Wednesday’s games and with matches against Monaco and Celtic to come, Villa have an excellent chance of finishing in the top eight. Job done... in the end 😅 #RBLAVL #UCL pic.twitter.com/PRD1Hi1Q3A — Aston Villa (@AVFCOfficial) December 10, 2024 That would mean they would avoid a play-off round to make it through to the last 16 and Emery says that is the target. “Today was key. Juventus at home, we were thinking more to win but in the end we accepted the draw because it was important for a point to be more or less in the top 24,” he told Amazon Prime. “Today was a match we were thinking at the beginning was key to be a contender to be in the top eight with the last two matches to be played. “It is going to be difficult and we have to get some more points but we now have the possibility to achieve this option. “We are going to enjoy and try to get top eight but we have to be happy because we are in the top 24 and maybe even the top 16. “We weren’t contenders in the beginning to get there but now we have to accept it.” Leipzig, who are flying high near the top of the Bundesliga, are out after losing all six matches. They did pose a threat to Villa, who inflicted some of their own problems on themselves, notably a rare gaffe from goalkeeper Emiliano Martinez for Openda’s equaliser. But Emery was happy with his side’s performance. “I try to enjoy and always we want to improve and sometimes it is hard but today the team were performing well, playing seriously and I was enjoying it,” he added. “We tried to overcome the mistakes we made and we did. More or less we were playing consistently. One mistake and they score but then we played very well. “Champions League is very difficult and we have to expect that every team playing at home are feeling strong. We played with consistency and domination.”Title: Western Media: Lewandowski Still Isolated in Barcelona Dressing Room, Had Dispute with Fati and FirpoAtalanta: Muriel Believes They Can Win the Serie A Title, Years of Experience Have Prepared Atalanta Players to Handle Pressure
Unai Emery knows Champions League top-eight spot is possible for Aston VillaJoining her is a stellar supporting cast that includes the versatile Liang Jin, renowned for his ability to seamlessly embody a diverse array of characters, and the up-and-coming talent Zhou Wei, whose raw energy and passion for the craft are palpable in every performance.In the world of football, certain milestones are revered for their significance and impact. And when a player breaks new ground, especially one from a non-traditional footballing nation, it is a cause for celebration and recognition. The recent news of a second Chinese player set to start against Atletico Madrid, following in the footsteps of Wu Lei, has ignited excitement and anticipation in the football community.
Manager Jurgen Klopp has reportedly given his approval for the pursuit of Frlimpong and K77, viewing them as exciting prospects who could thrive under his coaching style and system. The German tactician is known for developing young talents and extracting the best out of his players, making Liverpool an attractive destination for emerging stars looking to take their careers to the next level.
In the aftermath of this heartbreaking event, it is imperative that steps are taken to prevent similar tragedies from occurring in the future. This should include improved support services for scam victims, better training for law enforcement officers on handling such cases sensitively, and increased public awareness campaigns on how to recognize and avoid scams.OTTAWA - Immigration Minister Marc Miller says further reforms to Canada's immigration and asylum systems will be proposed in the coming weeks. Read this article for free: Already have an account? To continue reading, please subscribe: * OTTAWA - Immigration Minister Marc Miller says further reforms to Canada's immigration and asylum systems will be proposed in the coming weeks. Read unlimited articles for free today: Already have an account? OTTAWA – Immigration Minister Marc Miller says further reforms to Canada’s immigration and asylum systems will be proposed in the coming weeks. This comes on the heels of a significant cut to the amount of permanent residents being admitted to Canada in two years, and the tightening of rules around temporary worker permits. Statistics provided by Canadian officials show the average wait time to process refugee and asylum claims is around 44 months. Miller tells the House of Commons immigration committee that the asylum and refugee system is not working the way it should due to volume and inefficiency. The minister said that this result is not unsurprising, as he says more people are being counselled to file asylum claims where he doesn’t think they should have the ability to do so. Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. There were nearly 250,000 refugee claims that need to be decided as of the end of September and at the time 48,000 asylum claims had been processed since the beginning of this year. This report by The Canadian Press was first published Nov. 25, 2024 Advertisement
In the fast-paced world of artificial intelligence (AI) development, staying ahead of the curve is key to success. This rings especially true for YueLingXi AI, a leading AI technology company that has just announced the release of its highly anticipated Version 2.5. This latest update represents a significant milestone for the company, as it showcases a range of new features and enhancements that push the boundaries of what is possible in the world of AI.
The DEI emblem, which stands for Diversity, Equity, and Inclusion, has become a powerful symbol of social justice and equality in recent years. It is often used to signal a commitment to creating a more inclusive and equitable society for all individuals, regardless of race, gender, or other identity factors. The designer's decision to incorporate this symbol into their outfit was likely intended as a statement of support for these values.
In a recent development, two "tiger heads" responsible for poverty alleviation in a certain region have been arrested. One of them has been accused of making arbitrary decisions in the poverty alleviation campaign, which has raised concerns about the effectiveness and integrity of such initiatives.In conclusion, the Salzburg defender's words serve as a rallying cry for his teammates as they prepare to face off against Paris. With a combination of courage, determination, and a steadfast focus on defensive excellence, the Salzburg team is poised to deliver a performance that will not only make their fans proud but also leave a lasting impression on the football world. Let the match begin, and may the best team emerge triumphant.
The midfielder acknowledged the quality of PSG but also pointed out that football is played on the pitch, not on paper. He stressed the importance of focus, discipline, and executing the game plan to perfection in order to stand a chance against such a strong opponent. Szoboszlai highlighted the significance of teamwork and unity within the squad, stating that every player will need to give their best and support each other throughout the match.TORONTO — NeuPath Health Inc. (TSXV:NPTH), (“NeuPath” or the “Company”), owner and operator of a network of clinics delivering category-leading chronic pain treatment, today announced the grant of stock options (“Options”) and restricted share units (“RSUs”). All figures are in Canadian dollars, unless otherwise noted. On December 9, 2024, NeuPath granted 150,000 Options to non-executive directors of the Company at an exercise price of $0.19 per share, with an expiry date of December 9, 2031. The Options are subject to time-based vesting and will fully vest on December 9, 2025. In addition, on December 9, 2024, the Company granted 60,000 RSUs to the same non-executive directors of the Company and 350,000 RSUs to two executive officers of the Company. The RSUs are subject to time-based vesting in accordance with the policies of the TSX Venture Exchange. RSUs granted to non-executive directors will fully vest on December 9, 2025. RSUs granted to executive officers of the Company will vest annually on each anniversary date from the date of grant for 4 years. The terms of the RSUs granted are in accordance with the Company’s Amended and Restated Restricted Share Unit Plan. NeuPath operates a network of healthcare clinics and related businesses focused on improved access to care and outcomes for patients by leveraging best-in-class treatments and delivering patient-centered multidisciplinary care. We operate a network of medical clinics in Ontario and Alberta that provide comprehensive assessments and rehabilitation services to clients with chronic pain, musculoskeletal/back injuries, sports related injuries and concussions. In addition, NeuPath provides workplace health services and independent medical assessments to employers and disability insurers through a national network of healthcare providers, as well as contract research services to pharmaceutical and biotechnology companies. NeuPath is focused on enabling each individual to live their best life. For additional information, please visit . + Jeff Zygouras Chief Financial Officer (905) 858-1368Colorado two-way star Travis Hunter plans to turn pro and prefers to continue a dual role, playing wide receiver and cornerback in the NFL. Hunter could be the No. 1 pick in the 2025 NFL Draft and is the favorite for the Heisman Trophy. Speculation about his future quieted as he gained notoriety by the week this season. Field Level Media projects Hunter as a top-three pick in the draft, and he confirmed Thursday this will be his last season at the college level. "That's definitely for sure," Hunter said on a conference call with reporters. Hunter is consistently playing between 100 and 125 snaps per game for Colorado. He has three interceptions on defense with 74 receptions, 911 yards and nine touchdowns playing wideout for quarterback Shedeur Sanders. Also a projected early first-round pick, Sanders committed to play in the East-West Shrine Game in Dallas. The son of Colorado head coach and Hall of Fame cornerback Deion Sanders, Shedeur Sanders said Thursday he would cast a Heisman vote for Hunter. "If it's between me and him, I would want him to get it," Sanders said. "He does a lot of amazing things and things that haven't been done before. I'm not a selfish guy. I know what he's capable of, so I would rather him win." Hunter said he would invite his QB to New York if he's not named a Heisman finalist before they go about the business of finishing the season, possibly in the 12-team College Football Playoff. Shedeur Sanders said he's the best quarterback in the draft, and doesn't believe that's anything new. "I feel like I was the best quarterback in the last draft, too," said Shedeur Sanders. "Ever since I was draft eligible, I knew I'm the best quarterback. It's not up for me to prove myself to talking about why." Former teammates at Jackson State where Deion Sanders also coached, Hunter said he felt his draft stock began to rise only after critics moved past "the hate" for his coach. A flashy, charismatic cornerback in the NFL after starring at Florida State, Deion Sanders was the fifth overall pick in the 1989 NFL Draft by the Atlanta Falcons. Hall of Famers Troy Aikman (first, Cowboys), Barry Sanders (third, Lions) and Derrick Thomas (fourth, Chiefs) were chosen ahead of "Prime Time" along with offensive tackle Tony Mandarich (second, Packers). Hunter has picked the brain of Deion Sanders about a dual role in pro sports. Sanders was used selectively as a wide receiver and returned punts but was primarily a cornerback in addition to playing Major League Baseball. There's no base-stealing in Hunter's future, but he does believe he can push the envelope as a full-time two-way NFL player. "It's never been done," Hunter said. "I understand that it will be a high risk, (teams) don't want their top pick to go down too early, and I know they're going to want me to be in a couple packages. But I believe I can do it. Nobody has stopped me from doing it thus far. I like when people tell me I can't do it." --Field Level MediaNEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high . They’re the first back-to-back losses for the index in nearly a month, as momentum slows following a big rally that has it on track for one of its best years of the millennium . The Dow Jones Industrial Average fell 154 points, or 0.3%, and the Nasdaq composite slipped 0.3%. Tech titan Oracle dragged on the market and sank 6.7% after reporting growth for the latest quarter that fell just short of analysts’ expectations. It was one of the heaviest weights on the S&P 500, even though CEO Safra Catz said the company saw record demand related to artificial-intelligence technology for its cloud infrastructure business, which trains generative AI models. AI has been a big source of growth that’s helped many companies’ stock prices skyrocket. Oracle’s stock had already leaped more than 80% for the year coming into Tuesday, which raised the bar of expectations for its profit report. In the bond market, Treasury yields ticked higher ahead of Wednesday’s report on the inflation that U.S. consumers are feeling. Economists expect it to show similar increases as the month before. Wednesday’s update and a report on Thursday about inflation at the wholesale level will be the final big pieces of data the Federal Reserve will get before its meeting next week, where many investors expect the year’s third cut to interest rates . The Fed has been easing its main interest rate from a two-decade high since September to take pressure off the slowing jobs market, after bringing inflation nearly down to its 2% target. Lower rates would help give support to the economy, but they could also provide more fuel for inflation. Expectations for a series of cuts through next year have been a big reason the S&P 500 has set so many records this year. Trading in the options market suggests traders aren’t expecting a very big move for U.S. stocks following Wednesday’s report, according to strategists at Barclays. But a reading far off expectations in either direction could quickly change that. The yield on the 10-year Treasury rose to 4.22% from 4.20% late Monday. Even though the Fed has been cutting its main interest rate, mortgage rates have been more stubborn to stay high and have been volatile since the autumn. That has hampered the housing industry, and homebuilder Toll Brothers’ stock fell 6.9% even though it delivered profit and revenue for the latest quarter that topped analysts’ expectations. CEO Douglas Yearley Jr. said the luxury builder has been seeing strong demand since the start of its fiscal year six weeks ago, an encouraging signal as it approaches the beginning of the spring selling season in mid-January. Elsewhere on Wall Street, Alaska Air Group soared 13.2% after raising its forecast for profit in the current quarter. The airline said demand for flying around the holidays has been stronger than expected. It also approved a plan to buy back up to $1 billion of its stock, along with new service from Seattle to Tokyo and Seoul . Boeing climbed 4.5% after saying it’s resuming production of its bestselling plane , the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. Vail Resorts rose 2.5% after the ski resort operator reported a smaller first-quarter loss than analysts expected in what is traditionally its worst quarter. All told, the S&P 500 fell 17.94 points to 6,034.91. The Dow dipped 154.10 to 44,247.83, and the Nasdaq composite slipped 49.45 to 19,687.24. In stock markets abroad, indexes were mixed in China after the world’s second-largest economy said its exports rose by less than expected in November. Stocks rose 0.6% in Shanghai but fell 0.5% in Hong Kong. Indexes fell across much of Europe ahead of a meeting this week by the European Central Bank, where the widespread expectation is for another cut in interest rates. AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
It’s not hard to understand the value tight end Josh Oliver brings to the Vikings. Just listen to the way people talk about him. “He’s an animal,” tight end T.J. Hockenson said. “Once he gets his hands on somebody, it’s kind of like, ‘Good luck.'” It was similar sentiment from offensive coordinator Wes Phillips. “He’s the best blocking tight end in the league, and that’s no disrespect to anybody else,” Phillips said. “We will take Josh over anybody in this league in the role that he’s in. It’s not only that he’s physically imposing as a 270-pound man. It’s the attitude that he plays with out there.” What are the Vikings losing now that Oliver has been ruled out with an ankle injury? His absence will be felt most when the Vikings try to run the ball against the Chicago Bears on Sunday afternoon at Soldier Field. Though he has proved he can contribute in the passing game, Oliver has been a force in the running game since signing with the Vikings. There have been multiple times this season that Oliver had singlehandedly carved out space for running back Aaron Jones to go to work. That’s partially why Hockenson has played only about 50% of the offensive snaps since returning from a torn anterior cruciate ligament a few weeks ago. Even if the Vikings are often telegraphing a run when Oliver is on the field, they don’t care because they feel that strongly about his ability as a blocker. “You see it every single week,” Phillips said. “He’s moving large men and putting them on the ground.” It’s safe to assume Oliver would suit up for the Vikings if he were able to do so. He’s been playing through a wrist injury for the past few weeks, for example, and has still been extremely effective at the point of attack. How tough is it to replace Oliver in a vacuum? “It’s a big challenge because of all the things he does on a snap in and snap out basis,” head coach Kevin O’Connell said. “We will see some guys make some impacts on some different downs and distances than we have maybe seen up to this point.” The only other players on the injury report for the Vikings are tight end Nick Muse (hand) and edge rusher Gabe Murphy (knee). Both players were officially listed as questionable and being full participants in the walkthrough on Friday afternoon at TCO Performance Center.In conclusion, the case of Wu Yingjie serves as a cautionary tale of the dangers of unchecked power and the corrosive impact of corruption on governance. It underscores the importance of vigilance, accountability, and ethical leadership in upholding the Party's integrity and serving the best interests of the Chinese people. The expulsion of Wu Yingjie marks a significant milestone in the ongoing fight against corruption and sets a precedent for holding accountable those who betray the trust placed in them.
PACS Investors Have Opportunity to Lead PACS Group Inc. Securities Fraud Lawsuit
NASSAU, Bahamas — Scottie Scheffler brought a new putting grip to the Hero World Challenge and felt enough improvement to be satisfied with the result, a 5-under 67 that left him three shots behind Cameron Young on Thursday. Young was playing for the first time since the BMW Championship more than three months ago and found great success on and around the greens of Albany Golf Club, chipping beautifully and holing four birdie putts from 15 feet or longer for his 64. He led by two shots over Justin Thomas in his first competition since his daughter was born a few weeks ago. Thomas ran off four straight birdies late in his round and was a fraction of an inch away with a fifth. The big surprise was Scheffler, the No. 1 player in golf who looked as good as he has all year in compiling eight victories, including an Olympic gold medal. His iron play has no equal. His putting at times has kept him from winning more or winning bigger. He decided to try to a "saw" putting grip from about 20 feet or closer — the putter rests between his right thumb and his fingers, with his left index finger pointed down the shaft. "I'm always looking for ways to improve," Scheffler said. Scheffler last year began working with renowned putting instructor Phil Kenyon, and he says Kenyon mentioned the alternative putting grip back then. "But it was really our first time working together and it's something that's different than what I've done in the past," Scheffler said. "This year I had thought about it from time to time, and it was something that we had just said let's table that for the end of the season, take a look at it. "Figured this is a good week to try stuff." He opened with a wedge to 2 feet and he missed a 7-foot birdie putt on the par-5 third. But he holed a birdie from about the same distance at the next par 5, No. 6, and holed a sliding 6-footer on the ninth to save par. His longest putt was his last hole, from 12 feet for a closing birdie. "I really enjoyed the way it felt," he said. "I felt like I'm seeing some improvements in my stroke." Young, regarded as the best active player without a PGA Tour victory, is treating this holiday tournament as the start of a new season. He worked on getting stronger and got back to the basics in his powerful golf swing. And on this day, he was dialed in with his short game. He only struggled to save par twice and kept piling up birdies in his bogey-free round on an ideal day in the Bahamas. "The wind wasn't blowing much so it was relatively stress-free," Young said. Patrick Cantlay, along with Scheffler playing for the first time since the Presidents Cup, also was at 67 with Ludvig Aberg, Akshay Bhatia and Sahith Theegala. Thomas also took this occasion to do a little experimenting against a 20-man field. He has using a 46-inch driver at home — a little more than an inch longer than his regular driver — in a bid to gain more speed. On a day with little wind, on a golf course with some room off the tee, he decided to put it in play. "Just with it being a little bit longer, I just kind of have to get the club out in front of me and get on top of it a little bit more," Thomas said. "I drove the hell out of it on the back, so that was nice to try something different and have it go a little bit better on the back." Thomas said the longer driver gives him 2 or 3 mph in ball speed and 10 extra yards in the air. "It's very specific for courses, but gave it a try," he said. Conditions were easy enough that only four players in field failed to break par, with Jason Day bringing up the rear with a 75.
Arsenal, who are currently undergoing a period of transition under manager Mikel Arteta, are keen to bolster their backroom staff with top-level talent. The role of sporting director is seen as crucial in shaping the club's long-term strategy and ensuring success both on and off the pitch. With Ashworth's proven track record in talent identification and recruitment, he is seen as a strong candidate to help steer Arsenal in the right direction.
NoneWake up the ghosts! Texas, Texas A&M rivalry that dates to 1894 is reborn
NoneIn preparation for the match against Paris, the Salzburg defenders have been working tirelessly on perfecting their defensive techniques, studying the strengths and weaknesses of their opponents, and analyzing potential strategies to contain Paris's potent attack. They understand the challenges that lie ahead but are fully committed to rising to the occasion and giving their all on the field.
Ross Barkley’s 85th-minute goal gave them victory in Germany after goals from John McGinn and Jhon Duran early in each half were cancelled out by Lois Openda and Christoph Baumgartner. That sent them up to third in the new league phase of the competition ahead of Wednesday’s games and with matches against Monaco and Celtic to come, Villa have an excellent chance of finishing in the top eight. Job done... in the end 😅 #RBLAVL #UCL pic.twitter.com/PRD1Hi1Q3A — Aston Villa (@AVFCOfficial) December 10, 2024 That would mean they would avoid a play-off round to make it through to the last 16 and Emery says that is the target. “Today was key. Juventus at home, we were thinking more to win but in the end we accepted the draw because it was important for a point to be more or less in the top 24,” he told Amazon Prime. “Today was a match we were thinking at the beginning was key to be a contender to be in the top eight with the last two matches to be played. “It is going to be difficult and we have to get some more points but we now have the possibility to achieve this option. “We are going to enjoy and try to get top eight but we have to be happy because we are in the top 24 and maybe even the top 16. “We weren’t contenders in the beginning to get there but now we have to accept it.” Leipzig, who are flying high near the top of the Bundesliga, are out after losing all six matches. They did pose a threat to Villa, who inflicted some of their own problems on themselves, notably a rare gaffe from goalkeeper Emiliano Martinez for Openda’s equaliser. But Emery was happy with his side’s performance. “I try to enjoy and always we want to improve and sometimes it is hard but today the team were performing well, playing seriously and I was enjoying it,” he added. “We tried to overcome the mistakes we made and we did. More or less we were playing consistently. One mistake and they score but then we played very well. “Champions League is very difficult and we have to expect that every team playing at home are feeling strong. We played with consistency and domination.”Ian Poulter has insisted he won’t be following in the footsteps of fellow LIV Golf star Sergio Garcia in order to compete for a place at the Ryder Cup next year. This month, the Spaniard confirmed he intended to settle all his DP World Tour fines in order to be eligible for selection for the team event in Bethpage, with Team Europe bidding to succeed on American soil for the first time since 2012. The lynchpin of that success, famously dubbed ‘The Miracle in Medinah’, was Poulter - winning all four of his matches as the visitors pulled off a sensational comeback from 10-6 down on the final day. However, having at one point looked certain to one day be appointed team captain, his controversial move to the Saudi-backed tour has soured relations between the Englishman and European golf bosses. The 48-year-old has cut a belligerent figure ever since appearing in the inaugural rebel event in June 2022, refuting criticism of his decision and accusing the status quo of imposing unfair sanctions. And he’s now said that unlike Garcia, he’s not prepared to take financial punishment just to add to his Ryder Cup legacy. “He would have had a $1million (£780,000) worth of fines paid already,” he told Sports Illustrated . “He’ll play 14 LIV events next year, five of them are fineable of $100,000 (£80,000) a week so he would have spent $2.4m (£1.9m) to give him that freedom to have a chance. That’s a lot of money spent to try and make a team.” Despite confirming that his fines would be covered by LIV’s indemnity policy, the former world No.5 argued his decision was based on principle. And it seems his position won’t be chaining anytime soon. He said: “As it stands today I’m currently not a member of the European Tour so I am not eligible to be able to become captain or vice captain, so until that position changes you can only really play the hypothetical game of how I really feel up until that point. “I personally wouldn’t pay because I felt it was unjust at the time to be fined $100,000 a week because it makes no sense to me at all,” he added. “My stance has never changed. I’ve played golf all over the world. I was never paying fines when I played outside of Europe on other tours around the world so my stance is exactly the same as I had three years ago.” Regardless, Poulter’s form since jumping ship means selection as a player next September would have been highly unlikely anyway. He was 37th in the individual LIV standings this season, a place behind fellow veteran Lee Westwood, and is still waiting for his first tour win. In contrast, Garcia finished third, only denied overall glory by compatriot Jon Rahm and Chile’s Joaquin Niemann. But Poulter still cast doubt on whether the 44-year-old would be able to earn a Ryder Cup place. “I haven’t spoken to Luke Donald (European captain) to be honest," he admitted. "I don’t know if Luke has had any conversations with Sergio at length. I don’t know how many tournaments he is earmarking to play in Europe so I guess we’ll have to wait and see.”French energy giant TotalEnergies SE on Monday said it will make no new financial contribution as part of its investments in Adani group companies till the Indian firm's founder is cleared of bribery charges. The energy giant said it was not aware of the investigation into the alleged corruption. TotalEnergies is one of the biggest foreign investors in billionaire Gautam Adani's business empire and had previously taken stakes in the group's renewable energy venture Adani Green Energy Ltd (AEGL) and city gas unit Adani Total Gas Ltd (ATGL). Also Read: TotalEnergies of France to buy 25% stake in Adani New Industries In a statement, the French firm said it learnt of US authorities indicting Gautam Adani and two other executives for allegedly paying USD 265 million bribes to Indian officials to secure solar power supply contracts for AEGL. "This indictment does not target AGEL itself, nor any AGEL-related companies," TotalEnergies said. "Until such time when the accusations against the Adani group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution as part of its investments in the Adani group of companies." Adani group has dismissed the allegations brought in the US court as baseless and has said it would seek all possible legal recourse. TotalEnergies holds a 19.75 per cent stake in Adani Green Energy Ltd - the renewable energy arm of the Indian group helmed by Gautam Adani. It also has a 50 per cent stake in three joint venture companies that produce electricity from sunlight and wind with AEGL. Also Read: TotalEnergies to invest $444 million in new joint venture with Adani Green The French firm also holds a 37.4 per cent stake in Adani Total Gas Ltd, which retails CNG to automobiles and pipes natural gas to households for cooking. "In accordance with its code of conduct, TotalEnergies rejects corruption in any form," the French giant said in the statement. "TotalEnergies, which is not targeted nor involved in the facts described by such indictment, will take all relevant actions to protect its interests as a minority (19.75 per cent) shareholder of AGEL and as a joint-venture partner (50 per cent) in project companies with AGEL." The company said it made the investments in Adani's entities "in full compliance with applicable laws". This was also in line with its own internal governance processes pursuant to due diligence and representations made by the sellers. "In particular, TotalEnergies was not made aware of the existence of an investigation into the alleged corruption scheme," the statement added. In January 2021, TotalEnergies acquired a minority interest in the listed company Adani Green Energy Limited (AEGL) of which it now owns 19.75 per cent. As part of its strategy to enhance its development in renewables in India through direct access to a portfolio of assets, it has also acquired a 50 per cent stake in three joint ventures operating renewable assets (AGEL23 in 2020, AREL9 in 2023, and AREL64 in 2024). The French energy giant had in February last year put on hold a planned investment in Adani Group's USD 50 billion hydrogen project pending results of an audit launched following allegations by a US short-seller. While the partnership, where the French oil giant was to take a 25 per cent stake in the hydrogen venture of the Adani group, was announced in June 2022, TotalEnergies had not yet signed a contract. As per the June 2022 announcement, TotalEnergies was to take 25 per cent equity in Adani New Industries Ltd (ANIL) – the Adani Group firm that is investing USD 50 billion over 10 years in a green hydrogen ecosystem, including an initial production capacity of 1 million tonnes before 2030. The announcement by Total adds to the woes of Adani. The crisis around the group, which began when Hindenburg released a damning report in January 2023, has also been used by the opposition parties to attack the government, alleging that the tycoon's rise was primarily because of his association with Prime Minister Narendra Modi. The government has rejected the allegation. Hindenburg's allegations of accounting and financial fraud unleashed an over USD 150 billion rout in market value across Adani’s companies. Adani group has vehemently denied the allegations, calling them malicious and an "attack on India". The group stocks had recovered most of the losses before last week's indictment in a New York Court. TotalEnergies, France's largest oil and gas company, first joined hands with Adani in 2018 for a liquefied natural gas (LNG) venture before buying a 19.75 per cent stake in AGEL and a stake in solar assets for USD 2.5 billion in 2020-21. It also took a 37.4 per cent stake in ATGL.
