Brazil’s senate postponed a vote on a bill to regulate the carbon credit market from November 5 to November 12. The senate decided to postpone the vote “given the complexity of the topic and the fact that the national congress is working in a semi-presidential system,” the upper house said in a statement. After the municipal elections concluded at the end of October many lawmakers who were involved in political campaigns have been working remotely. Despite the postponement, the senate recognized the urgency of the bill. “I consider the bill fundamental for Brazil’s efforts to lead the way towards…
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In the aftermath of the Brazilian Grand Prix at Interlagos, Lando Norris praised Max Verstappen for his performance while also pointing out that the Red Bull driver “got a bit lucky” with the race’s circumstances. Norris’s assessment came after a chaotic race where strategic decisions played a significant role. He acknowledged that Verstappen’s ability to maintain his position after not pitting before the red flag proved advantageous, allowing him to regain the lead once the race resumed. Norris specifically referenced the controversial rule allowing drivers a free choice of tires after a red flag, noting that this rule has historically…
(Reuters) -Super Micro Computer, whose auditor unexpectedly stepped down last week, on Tuesday flagged uncertainty about the timing of its annual report but said a probe about accounting practices had not found evidence of fraud by the company. Shares of the San Jose, California-based server maker fell about 10% in extended trading. The company said it expects net sales between $5.5 billion to $6.1 billion for the second quarter, compared with analysts’ estimates of $6.86 billion, according to data compiled by LSEG. It said the company expects profits between 48 cents and 58 cents per share, far below estimates of…
Carlos Sainz has been summoned by the FIA stewards for alleged dangerous driving during the Brazilian Grand Prix, where he ultimately retired from the race. The summons refers to a potential breach of Article 33.4 of the FIA’s Sporting Regulations, which prohibits drivers from operating their cars in a manner that could be deemed excessively slow, erratic, or dangerous to others. However, the FIA did not specify the exact incident that triggered this inquiry. Sainz started the race from the pit lane and was making his way through the field when he crashed on lap 40, leading to the deployment…
Toyota has made significant strides in the US automotive market during the first nine months of 2023. With a 6.2% surge in sales, the company has sold nearly 1.73 million units, closing in on market leader GM by a mere 220,000 units. While Lexus, Toyota’s premium division, achieved its best ever sales result in its 35-year history, the core Toyota brand truly shone, emerging as America’s top retail brand with 1,481,319 vehicles delivered, a 5.5% increase year over year. Toyota’s 2023 Sales Surge with Record-Breaking Lexus Sales and Revitalized GR86 Style (theottle / YouTube) Despite some models like the GR…
Image source: Getty Images BT (LSE: BT) shares are among the year’s biggest FTSE 100 turnaround stories. After losing more than three-quarters of their value over the years, they’re now up 14.5% over 12 months as investors sniff an opportunity. Many will have been encouraged by telecoms tycoons Carlos Slim and Sunil Bharti Mittal picking up a stake in the stock. Should I join them? The BT share price has taken a breather since the Slim-Mittal excitement, to my relief, as this gives me time to build up some cash to invest in it. It looks cheap judging by today’s…
Super Micro Computer (SMCI) stock fell over 10% in after-hours trading on Tuesday after the company’s outlook for both earnings per share and sales in the current quarter missed Wall Street’s estimates. Additionally, Super Micro still hasn’t filed its 10-K annual report, which it initially pushed back on Aug. 28. The company said it “remains unable at this time to predict when the Form 10-K will be filed.” Super Micro said it expects adjusted earnings per share of $0.56 to $0.65 in its fiscal second quarter, below consensus estimates of $0.80, per Bloomberg data. Meanwhile, Super Micro’s forecast for net…
The Jeep Grand Cherokee Trackhawk, once a dominant force in the SUV performance scene, may have been discontinued, but its legacy lives on. Despite its hefty price tag, even used models continue to command significant value. A prime example is this 2018 Trackhawk, currently listed for $69,900. Although it has clocked 62,744 miles, its potent Hellcat V8 engine and aggressive styling make it a tempting proposition for performance enthusiasts. 2018 Jeep Grand Cherokee Trackhawk: Used Performance SUV with Power and Style (Garage Kept Motors) While the asking price may still seem high for a used SUV, it represents a significant…
By Tim Reid and Sarah N. Lynch ATLANTA (Reuters) -Hoax bomb threats, many of which appeared to originate from Russian email domains, were directed at polling locations in four battleground states – Georgia, Michigan, Arizona and Wisconsin – as Election Day voting was underway, the FBI said on Tuesday. “None of the threats have been determined to be credible thus far,” the FBI said in a statement, adding that election integrity was among the bureau’s highest priorities. At least two polling sites targeted by the hoax bomb threats in Georgia were briefly evacuated on Tuesday. Those two locations in Fulton…
“They have the skills to run huge companies, so why not focus on a start up?” one senior executive said. Source link