Stock Markets
Hospitals under fire as Israeli forces deepen operations in northern Gaza
By Nidal al-Mughrabi
CAIRO (Reuters) -Israeli military forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up their operations, preventing critical aid from reaching civilians, residents and medics said.
Troops rounded up men and ordered women to leave the Jabalia historic refugee camp, they said. An Israeli airstrike on a house in Jabalia killed five people and wounded several others, medics said.
The U.N. Palestinian refugee agency UNRWA said Israeli authorities were preventing humanitarian missions from reaching areas in the north of the Palestinian enclave with critical supplies, including medicine and food.
“People attempting to flee are getting killed, their bodies left on the street,” UNRWA head Philippe Lazzarini said on X.
Medics at the Indonesian Hospital told Reuters that Israeli troops stormed a school and detained the men before setting it ablaze. The fire reached hospital generators and caused a power outage, they added.
Health officials said they had refused orders by the Israeli army, which started a new incursion into the territory’s north over two weeks ago, to evacuate the three hospitals in the area or leave the patients unattended.
Later on Monday, Hussam Abu Safiya, director of Kamal Adwan Hospital said at least two critically wounded patients at the facility’s intensive care unit died because of the lack of medical supplies.
“The hospital’s blood units have run out completely… We are implementing a priority treatment method for patients. This is the reality,” said Abu Safiya in a video message to media outlets.
Troops remained outside the hospital but did not enter, they said. Medics at a second hospital, Kamal Adwan, reported heavy Israeli fire near the hospital at night.
“The army is burning the schools next to the hospital, and no one can enter or leave the hospital,” said one nurse at the Indonesian Hospital, who asked not to be named.
Palestinian health officials said at least 18 people had been killed in Jabalia and eight elsewhere in Gaza in Israeli strikes.
The Israeli military said in a statement its troops had dismantled infrastructure and tunnel shafts and killed alleged fighters in the Jabalia area.
Troops had helped thousands of civilians to evacuate safely through organised routes, it said, contradicting reports from the U.N. aid agency. Israel was in contact with the international community and Gaza’s healthcare system to ensure hospital emergency services were operating, it said.
Last week, the United States told Israel it must take steps in the next month to improve the humanitarian situation in Gaza or face potential restrictions on U.S. military aid.
Israel has intensified its campaigns both in Gaza and Lebanon after the killing of Hamas leader Yahya Sinwar last week had raised hopes of an opening for ceasefire talks to end more than a year of conflict.
It has vowed to eradicate Hamas, the group who formerly controlled Gaza and whose attack on Israel last year triggered the war, but in doing so has laid waste to much of the territory and killed tens of thousands of people. More than 1.9 million people have been left destitute and desperate for food.
“We are facing death by bombs, by thirst and hunger,” said Raed, a resident of Jabalia camp. “Jabalia is being wiped out and there is no witness to the crime, the world is blinding its eyes.”
FORCED TO LIVE IN TOILETS
Hadeel Obeid, a supervisor nurse at the Indonesian hospital, said they were running out of medical supplies, including sterile gauze and medications. The water supply has been cut off and there was no food for the fourth consecutive day, she told Reuters.
The United Nations said it had been unable to reach the three hospitals in northern Gaza.
The U.N. Human Rights Office accused Israeli forces of unlawful interference with humanitarian assistance and issuing orders that were causing forced displacement. It said their conduct “may be causing the destruction of the Palestinian population in Gaza’s northernmost governate through death and displacement”.
UNRWA’S Lazzarini said injured people were lying without care in hospitals that had been hit.
“UNRWA remaining shelters are so overcrowded, some displaced people are now forced to live in the toilets,” he said.
Israel says it is getting large quantities of humanitarian supplies into Gaza with land deliveries and airdrops. It also says it has facilitated the evacuation of patients from the Kamal Adwan Hospital.
Palestinians say no aid entered northern Gaza areas where the operation is active.
Reuters reported earlier this month that food supplies have fallen sharply since Israeli authorities introduced a new customs rule on some humanitarian aid and are separately scaling down deliveries organized by businesses.
Residents and medics said Israeli forces had tightened their siege on Jabalia by positioning tanks in nearby Beit Hanoun and Beit Lahiya towns and ordering residents to leave.
Israeli officials said evacuation orders were aimed at separating Hamas fighters from civilians and denied there was any systematic plan to clear out civilians. It said its forces operating in northern Gaza killed scores of people it accused of being Hamas gunmen.
Hamas accused Israel of carrying out acts of “genocide and ethnic cleansing” to force people to leave northern Gaza. Israel also faces charges of violations of the 1948 Genocide Convention at the International Court of Justice.
The Hamas armed wing said fighters attacked forces there with anti-tank rockets and mortar fire, and detonated bombs against troops inside tanks and stationed in houses.
Elsewhere in the enclave, Israeli strikes killed at least five people in Rafah in the southern Gaza Strip and four in two separate strikes in Gaza City, medics said.
The slain Sinwar was one of the alleged masterminds of the Oct. 7, 2023, cross-border attack on Israeli communities that killed around 1,200 people, with about 253 more taken back to Gaza as hostages, according to Israeli tallies.
Israel’s subsequent bombardment of Gaza has killed more than 42,500 Palestinians, with another 10,000 uncounted dead thought to lie under the rubble, Gaza health authorities say.
(Reporting and writing by Nidal al-Mughrabi; Editing by Angus MacSwan)
Stock Markets
Binah Capital Recognized Among Industry Leaders in the Financial Planning’s Top Deal Makers List Top IBD Moves and M&A Deals of 2024
Recognition Underscores Binah’s Transformative Impact on the Financial Services Industry
NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) — Binah Capital Group, (NASDAQ: BCG) (“Binah” or the “Company”), a financial services enterprise that owns and operates a network of industry-leading firms empowering independent financial advisors, is honored to be recognized for its significant role in four of the most impactful financial transactions of the year, as featured in the Financial Planning’s premier “Top IBD Moves and M&A Deals of 2024” list. Through its affiliate, Binah Capital has solidified its position as a leader in driving transformative growth within the financial advisory sector. The highlighted transactions, in which a Binah subsidiary was involved, include Americana Partners, Merit Financial Advisors, Wentworth Management Services, and Perigon Wealth Management. These transactions exemplify Binah’s expertise in facilitating partnerships, scaling operations, and expanding market presence for its affiliates.
Craig Gould, CEO of Binah Capital, commented: These landmark transactions demonstrate Binah Capital’s dedication to empowering independent advisory firms with the strategies and tools needed to thrive in an evolving marketplace. Being recognized in the Financial Planning’s list, particularly in a year with significant industry consolidation, is a testament to the strength of our team and consistent execution of our vision.
This recognition highlights Binah Capital’s role as a transformative force in the financial services industry. The company remains committed to driving innovation and delivering strategic success for its affiliates and partners nationwide.
About Binah Capital
Binah Capital Group (NASDAQ: BCG) is a financial services enterprise that owns and operates a network of industry-leading firms that empower independent financial advisors. As a national broker-dealer aggregator, Binah specializes in delivering value through its innovative model, making it an optimal platform for RIAs navigating today’s complex financial landscape. Binah’s portfolio companies are built to help advisors run, manage, and execute their business seamlessly while providing best-in-class resources to support their practice. Binah Capital Group stands alongside RIAs as a trusted ally, delivering the structure, flexibility, and cutting-edge solutions they need to succeed in an increasingly competitive marketplace.
Contacts
ir@binahcap.com
media@binahcap.com
Stock Markets
Nikkiso Clean Energy & Industrial Gases Group promotes Jeff Mumford to Executive Vice President of Operations and Manufacturing
TEMECULA, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) — Nikkiso Clean Energy & Industrial Gases Group, part of Nikkiso Co. Ltd.’s Industrial Business segment, has appointed Jeff Mumford be its new Executive Vice President of Operations and Manufacturing, effective January 2, 2025. In this role, his responsibilities will include the oversight of global operations and manufacturing as well as management of corporate departments including IT, Facilities, Safety Health Environmental and Quality (SHEQ), and Project Management.
Mumford joined Nikkiso in 2016 as a project manager and has since been promoted several times into leadership roles including Procurement Director, Project Management Director and General Manager at the Group’s Las Vegas operations. During his tenure at Nikkiso Jeff has created efficiencies while continuing to grow the business.
Mumford has a bachelor’s degree in Literature and Linguistics from the University of Nevada, Las Vegas, and is certified Project Management Professional (PMP).
Jeff is a proven leader with an admirable dedication to continuous improvement. He is recognized for his ability to drive transformational change while maintaining focus on growing the business.
Adrian Ridge
President and CEO, Nikkiso Clean Energy & Industrial Gases Group
About Nikkiso Clean Energy & Industrial Gases Group
Nikkiso’s Clean Energy & Industrial Gases Group is a leading provider of cryogenic equipment and solutions around the world. It facilitates the cryogenic and liquid side value chains of hydrogen, ammonia, CO2, LNG, and other industrial gases for the energy, transportation, marine, aerospace, and industrial gas markets while remaining independent of the molecule. The Group is headed by Cryogenic Industries, Inc. in Southern California, U.S. ” a wholly owned subsidiary of Nikkiso Co., Ltd. (TSE: 6376).
Media contact
pr@nikkisoceig.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9ce420b1-d6ab-4dc1-af1f-4858d989f1d6
Jeff Mumford promotion announcement EVP Operations and Manufacturing
Effective Jan. 2, 2025, Jeff Mumford is Executive Vice President of Operations and Manufacturing for Nikkiso Clean Energy & Industrial Gases
Source: Cryogenic Industries
Stock Markets
Simon Property Group director Daniel Smith acquires $56,309 in stock
Daniel C. Smith, a director at Simon Property Group Inc. (NYSE:), a $64.8 billion market cap retail REIT with a GREAT financial health score according to InvestingPro, recently acquired additional shares of the company’s common stock. According to a Form 4 filing with the Securities and Exchange Commission, Smith purchased 334 shares on December 30, 2024, at a price of $168.59 per share. This acquisition, valued at approximately $56,309, was made through the reinvestment of dividends received on restricted stock, as part of the Simon Property Group, L.P. 2019 Stock Incentive Plan. The company currently offers a 4.88% dividend yield and has maintained dividend payments for 31 consecutive years. Following this transaction, Smith holds a total of 30,113 shares in the real estate investment trust. InvestingPro subscribers can access 8 additional key insights and a comprehensive analysis of Simon Property Group’s financial metrics.
In other recent news, Simon Property Group has seen noteworthy developments. The company’s third quarter performance showcased a solid financial and operational stance, with a real estate funds from operations (FFO) increase of 4.8% year-over-year to $3.05 per share, and a dividend hike to $2.10 per share, marking a 10.5% rise from the previous year. Despite a non-cash loss related to Klépierre exchangeable bonds, the company maintained strong occupancy rates and leasing momentum.
Analysts at Jefferies upgraded Simon Property Group’s stock from Hold to Buy, citing factors like the resilience of the consumer market and the company’s ability to convert temporary leases to permanent ones. Jefferies also projected a growth in the company’s occupancy rate to 96.7% by the fourth quarter of 2025, surpassing pre-pandemic levels.
However, Deutsche Bank (ETR:) initiated coverage on the company with a Hold rating, expressing concern over the impact of tariffs on trading multiples across the mall sector. This could potentially overshadow the company’s strong underlying business performance. These recent developments provide investors with a snapshot of Simon Property Group’s current position within the real estate market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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