Lenovo delivers robust, sustainable, and accelerated growth – focus on hybrid AI driving market differentiation and industry leadership HONG KONG–(BUSINESS WIRE)–Lenovo Group (OTC:) Limited (HKSE: 992) (ADR: LNVGY), together with its subsidiaries (˜the Group’), today announced Q2 results for fiscal year 2024/25, reporting significant increases and growth in net income, year-on-year revenue growth for the 4th consecutive quarter, and strong double-digit year-on-year revenue increases from all its business groups. Group revenue increased 24% year-on-year to US$17.9 billion. Net income was up 48% year-on-year to US$404 million on a non-Hong Kong Financial Reporting Standards (non-HKFRS)[1] basis, and non-PC revenue mix was…
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Fed Chair Jerome PowellBonnie Cash/Getty Images Indexes wavered Thursday as traders received wholesale inflation data. The producer price index showed prices rising 0.2% last month as expected. Markets will be tuned into Fed Chair Jerome Powell’s remarks later in the day. Indexes traded mixed on Thursday as traders assessed new inflation data and waited for remarks from Federal Reserve Chair Jerome Powell. The S&P 500 and Dow Jones Industrial Average were nearly flat, while the Nasdaq inched higher. Bond yields dipped as another tame inflation report opened the door further for another rate cut in December. The 10-year Treasury yield…
Tyler Reddick’s journey toward his first NASCAR Cup Series championship at Phoenix Raceway was filled with intensity, beginning on Thursday with preparations for one of the biggest weekends of his career. Reddick was one of the final four contenders, known as the Championship Four, alongside William Byron, Joey Logano, and Ryan Blaney. The championship would go to the highest finisher among them on Sunday. The lead-up to the race was challenging for Reddick and his team, 23XI Racing. Reddick was the sole Toyota representative after his team owner, Denny Hamlin, was eliminated the prior week, and his manufacturer teammate, Christopher…
Canada’s highways, shopping centers, schools and equipment are aging without being replaced as investment in infrastructure slows. The average age of the country’s non-housing capital stock was just over nine years in 2023, leaving 63.3% of its “useful” life remaining, according to data released Thursday by Statistics Canada. It’s the eighth consecutive year that the so-called remaining useful service life ratio has fallen, leaving the nation with the oldest infrastructure it’s had in data going back to 2009. Source link
A dream unfulfilled for Jaguar enthusiasts is finally becoming reality. The Jaguar C-X75, a stunning concept car revealed in 2010, captured the imagination with its cutting-edge hybrid powertrain and sleek design. Though production plans fell through, the car’s legacy lives on. This innovative concept underwent several transformations, first boasting a powerful diesel fueled turbine hybrid system, then receiving a rework by Williams Advanced Engineering. While a production run never materialized due to economic concerns, the C-X75 found a surprising path to the big screen, starring in the James Bond film Spectre. Iconic Jaguar C-X75 from James Bond’s Spectre Transformed into…
getty It’s never too late to review your investment strategies to save on taxes, especially with many investors’ least favorite season, tax season, rapidly approaching. This guide explores tax-saving moves you can make today to reduce your tax burden, strengthen your investment portfolio and improve your retirement investment plan. Whether you’d like to utilize a retirement account, invest in a more tax-advantaged asset or increase your charitable giving while reducing your taxes, each section of this article will provide new ideas to save on taxes through your investment portfolio. Understanding Tax-Saving Opportunities In addition to maintaining a high savings rate…
By Irina Slav – Nov 14, 2024, 5:00 PM CST Earlier this week, the COP29 parties agreed on standards for a global carbon credit market backed by the United Nations. The idea for carbon credit markets is to curb supply gradually in order to motivate emitters to reduce their emissions. Carbon credits enjoyed significant popularity a few years back, but a media investigation revealed that most fail to deliver on the promises of conservation and emission reduction. Carbon credits enjoyed significant popularity a few years back, but a media investigation revealed that most fail to deliver on the promises of…
In early 2023, CFMoto confirmed its intention to develop a V-4-powered superbike, with the release of its V.04 engine offering more concrete details about the project. The engine is designed to produce over 200 horsepower, with a peak output of 209 hp at 14,500 rpm and a maximum torque of 84 lb-ft at 12,500 rpm. Weighing just 135.6 pounds dry, the V.04 engine is engineered for high-performance racing applications, incorporating advanced features like a counterrotating crankshaft and dual injectors per cylinder, which enhance stability and agility, similar to top-tier racing bikes like the Ducati Panigale V4. CFMoto’s V.04 engine design…
Kevin E. Bryant, Executive Vice President of Corporate Initiatives at Evergy, Inc. (NYSE:NASDAQ:), recently sold 48,141 shares of the company’s common stock. The shares were sold at a weighted average price of approximately $62.93, totaling around $3.03 million. Following this transaction, Bryant retains ownership of just one share of Evergy’s common stock. In addition to the sale, Bryant holds 18,871 restricted stock units, which convert to common stock on a one-for-one basis. These units are set to vest in stages over the next few years, contingent upon continued employment with Evergy. The vesting schedule includes 5,125 units in 2025, 5,470…
The 2025 Chrysler 300 is set to make a grand entrance into the luxury sedan market, continuing its legacy of elegance, performance, and innovation. This iconic model, first introduced in 2005, has consistently been a symbol of style and sophistication. The upcoming 2025 version promises to blend the best of both worlds: a timeless design and cutting edge technology. With a range of powerful engine options and advanced features, the 2025 Chrysler 300 aims to offer an unparalleled driving experience. 2025 Chrysler 300 (Chrysler) Whether you’re a fan of the classic V6 and HEMI V8 engines or excited about the…