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The greater harvesting limit also applies during the races, and there are new rules on how much power the electric motor (better known in the sport as an MGU-K, or motor-generator unit-kinetic) can send to the rear wheels. In “key acceleration zones (from corner exit to braking point, including overtaking zones)” the MGU-K will be able to deploy its full 350 kW (469 hp) to complement the V6’s 400 kW (536 hp). Outside of those zones, the MGU-K is limited to just 250 kW (335 hp) around the lap, which means smaller speed differentials. And the boost—which drivers can engage…
US President Donald Trump speaks to the press before departing from the South Lawn of the White House in Washington, DC, on April 16, 2026. Brendan Smialowski | AFP | Getty ImagesPresident Donald Trump on Monday again threatened Iran with overwhelming military force, saying “lots of bombs [will] start going off” if no deal is reached before a shaky ceasefire with Tehran expires Tuesday evening.The latest threat, made in a phone call with a PBS News reporter, came as the status of additional U.S.-Iran peace talks, and other key details on the current relationship between the warring powers, have grown…
Avishek Das | Lightrocket | Getty ImagesMutual fund giant Franklin Templeton has agreed to buy a small crypto investment firm, 250 Digital, which will join its newly established Franklin Crypto unit, as the firm deepens its digital assets push.By bringing 250 in-house, Franklin Templeton hopes to be able to increase its actively managed crypto investment offerings for its institutional clients beyond basic exposure through products like its bitcoin ETFs. The firm manages $1.8 billion in global assets.”Institutions are becoming much more intentional in how they engage with digital assets,” Sandy Kaul, head of innovation at Franklin Templeton, told CNBC. “This deal…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is editorial director and senior policy fellow at the European Council on Foreign RelationsWith Viktor Orbán’s downfall, a linchpin of the relationship between Maga and the European right has fallen. His authoritarian model was an inspiration for the second Trump term and Budapest had become a hub for the transatlantic rightwing ecosystem. Hungarians knew exactly what they were voting out when they backed the conservative Péter Magyar’s opposition Tisza party: even though their main concerns were living standards and public…
Christmas is still eight months away, but artificial tree maker Lou Liping is already worried about a bad holiday season due to the Iran war.Lou’s company, Kitty Christmas Factory, has been making artificial trees for the U.S. and European markets for nearly three decades. Her facility is based in the city of Yiwu, known as China’s Christmas capital.”Many customers … are holding off on orders,” she told CNBC last Friday at her showroom in the city’s international expo center. The center houses hundreds of manufacturers that contribute to the country’s vast production of the world’s artificial trees, tinsel, ornaments and other…
Wall St dips after rally as US-Iran tensions gauged Source link
Cerebras, a producer of chips that run artificial intelligence models, on Friday filed to go public on Nasdaq under the ticker symbol “CBRS.”Cerebras reported a $87.9 million in net income on $510 million in revenue during 2025, according to Friday’s filing. Revenue grew nearly 76% from 2024, when the company had a $485 million net loss. Cerebras said it had $24.6 billion in remaining performance obligations as of Dec. 31, with an expectation to recognize 15% of the sum in 2026 and 2027.When Cerebras sought to go public the first time around in 2024, it said one company, Microsoft-backed G42,…
The PM tells the Commons that if he had known the peer failed security vetting he would not have been appointed. Source link
U.S. importers, ranging from Target to Walmart, are due more than $160 billion in tariff refunds following a February Supreme Court decision as the Trump administration launches its claims filing portal Monday.Hopes are high for a smooth launch of the system that will facilitate the refunds, but companies and Wall Street analysts are tempering their expectations that companies will get the money back quickly.Trade lawyers are warning of bureaucratic hurdles, legal vulnerabilities, as well as the possibility of a last-minute appeal by the Trump administration.”[Importers] are pessimistic that the government is going to make this easy. They’re anticipating that the…
Workers check solar panels installed on a lake in Tianchang, east China’s Anhui province on January 12, 2026.- | Afp | Getty ImagesChina has called for “concerted efforts” to ease its solar power industry’s severe overcapacity crisis, as part of Beijing’s campaign to end a fierce price war.The proposed measures include capacity control, standard guidance, price enforcement, mergers and acquisitions and intellectual property protection “to promote the high-quality development of the photovoltaic industry.”China’s solar manufacturing capacity far outstrips global demand, triggering a domestic price war in recent years.The country makes more than 80% of the world’s solar panel components, per…