Valtteri Bottas is set to conclude his Formula 1 career with Sauber after three more races, having confirmed that he will not continue with the team next season. Sauber announced that both Bottas and his teammate Zhou Guanyu would leave the team due to conditions that could not be met, primarily focusing on the length of their contracts. Audi F1 chief Mattia Binotto explained that discussions about the team’s future direction and the challenges they will face led to the decision that a younger driver would be more suitable for the team’s transformation. This decision, though mutual, signals the end…
Author: user
A coalition of developed countries and multinational corporations has committed to purchasing $180 million worth of carbon credits that will go toward protecting the Amazon rainforest. Pará is set to be the first Brazilian state to benefit from such efforts, signing a deal with the LEAF Coalition, which is backed by governments in the U.S.,U.K., Norway and South Korea along with companies such as Amazon and H&M. “It will be the largest carbon credit sale in history,” the state’s governor, Helder Barbalho, said in a statement. “We dream of making living forests valuable, turning what dead forests need into a…
Image source: Getty Images Buying cheap shares can be a good way for investors to maximise their returns. Undervalued stocks have scope for substantial long-term price appreciation if earnings grow. Additionally, companies that are trading below value enjoy a margin of error that can limit price falls if market confidence sours. With this in mind, here are two of my favourite FTSE 100 and FTSE 250 prospects to research today. Grafton Group With interest rates falling, building materials supplier Grafton Group (LSE:GFTU) could enjoy a singnificant sales uplift from now on. The business operates a range of well-known retail brands…
Saturday’s F1 headlines revolved around major updates across teams and drivers, with Lewis Hamilton’s retirement plans being a top focus. According to a new book on Mercedes, Hamilton has a clear plan for his eventual departure from F1. Despite having signed a multi-year deal to join Ferrari in 2025, Hamilton, now nearing 40, seems to have his final years mapped out. His upcoming Ferrari tenure is expected to be a defining chapter, as he seeks to maximize his competitive presence before retirement. In driver news, Red Bull and Alpine are competing to sign rising star Franco Colapinto for the 2025…
Aiming for the $3 million mark by retirement might sound overly ambitious. While Americans believe they only need about $1.46 million to retire comfortably, the truth is, $3 million is totally doable… Source link
Shares of Altria (NYSE: MO) have had a great run over the past year, gaining more than 30% in value. Third-quarter 2024 earnings got investors particularly excited, with the stock rallying sharply after the release. But is Altria’s business really that good? To answer that question you need to dig into the numbers a little bit. But you only have to scratch the surface before you realize that the long-term picture may not be as good as management wants you to believe. It is important to step back and understand the core business in which Altria operates. Through the first…
Red Bull’s Liam Lawson recently voiced his frustration over McLaren’s choice to play the British national anthem during podium celebrations, arguing that it’s disrespectful to the New Zealand roots of McLaren’s founder, Bruce McLaren. As a proud New Zealander and the first from his country to enter Formula 1 since Brendon Hartley in 2018, Lawson feels that McLaren victories should honor the legacy of Bruce McLaren by using New Zealand’s anthem instead. He called it “bullsh*t” that McLaren celebrates with *God Save the King*, given the team’s history with New Zealand motorsport. The protocol for F1 podiums dictates that the…
Image source: Getty images I’m searching the FTSE 100 for bargain shares that could soar in value next year. Here’s one on my radar today. Cheap, on paper Taylor Wimpey‘s (LSE:TW) share price has slumped in recent weeks, reflecting worries over how October’s Budget could impact housing demand. I think this represents an attractive dip-buying opportunity. City analysts reckon the builder’s earnings will fall 12% this year before rebounding 27% in 2025. This means it offers excellent all-round value at current prices of 141p per share. Taylor Wimpey’s price-to-earnings growth (PEG) ratio for next year is a long way under…
The possibility of an Argentina Grand Prix returning to the Formula 1 calendar has gained traction following recent talks between F1 CEO Stefano Domenicali and Argentine officials. The discussions, held in Brazil, included Cesar Carman, president of the Automovil Club Argentino, and Daniel Scioli, Argentina’s secretary of tourism, environment, and sports. They focused on reintroducing the event by 2027 or 2028, reviving Argentina’s role in F1 after a 30-year absence. The nation has a deep F1 legacy, with Argentina hosting 21 Grand Prix races between 1953 and 1998 and racing legend Juan Manuel Fangio securing four wins on his home…
By Mohammad Yunus Yawar, Charlotte Greenfield and Gloria Dickie KABUL (Reuters) – Afghan Taliban officials will attend a major United Nations climate conference that starts next week, the Afghan Foreign Ministry said on Sunday, the first time they have attended since the former insurgents took power in 2021. The COP29 climate summit in Azerbaijan’s capital Baku will be among the highest-profile multilateral events attended by Taliban administration officials since they took control in Kabul after 20 years of fighting NATO-backed forces. The U.N. has not allowed the Taliban to take up Afghanistan’s seat at the General Assembly, and Afghanistan’s government…