The Lamborghini Temerario, the successor to the Huracan, is a plug in hybrid supercar that marks a significant departure from its predecessor. While the Huracan boasts a naturally aspirated V10 engine, the Temerario is equipped with a twin turbo V8. The V8 engine produces 789 horsepower and 538 pound-feet of torque, assisted by three electric motors for a combined output of 907 horsepower. This powerful combination allows the Temerario to reach a top speed of 213 mph and accelerate from 0 to 62 mph in just 2.7 seconds. Additionally, the Temerario offers a small range in all electric modes, providing…
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Forgiato Designs, renowned for their custom forged wheels, has stepped away from the Tesla Cybertruck hype to showcase a unique C8 Corvette Stingray. This base model, launched in 2019, now retails for at least $68,300. Despite the newer, more powerful C8 variants, this particular car stands out. Owned by NFL safety man Chauncey “C.J.” Gardner Johnson, this stealthy black Corvette Stingray features matching spindle style Forgiato Designs aftermarket wheels and a full black aerodynamic kit. While it may not boast the power of the newer C8 models, its unique appearance and the owner’s personal touch make it a truly special…
By Makiko Yamazaki and Leika Kihara TOKYO (Reuters) -Japanese business sentiment was steady in the three months to September, a closely watched survey showed, a sign the economy remained on track for a moderate recovery that leaves scope for further interest rates hikes by the central bank. But companies remained cautious about the outlook with service-sector firms projecting business conditions to sour over the next three months, the Bank of Japan’s “tankan” survey showed on Tuesday, as weak global growth and volatile financial markets cloud the outlook. The tankan will be among key factors the BOJ will scrutinise in setting…
The advent of aerial warfare during World War I necessitated the development of anti-aircraft defenses to counter the growing threat posed by aircraft. However, the rapid evolution of air power in the ensuing decades has rendered these early technologies obsolete. Modern battlefields are characterized by a diverse array of aerial threats, including drones, missiles, and various aircraft, each demanding specialized countermeasures. To address this challenge, the United States and its allies are poised to deploy a new generation of anti-aircraft weapons capable of neutralizing a wide range of airborne targets. One such weapon, the SGT Stout, is a groundbreaking anti…
Adobe Firefly, Tyler Le/BIStocks could see a 10% drop by the end of the year, Stifel’s Barry Bannister says.The bank’s stock-strategy chief pointed to the slowing job market and the potential for sticky inflation.He added that interest rates likely aren’t dipping below 3% without an economic slowdown.The stock market could be headed into an end-of-the-year correction, according to Stifel’s Barry Bannister.The investment bank’s chief stock strategist said investors should take caution heading into the fourth quarter. That’s because the job market is slowing, and inflation could remain sticker than markets are expecting — two headwinds that could spark as much…
BEIJING (Reuters) – Prices of new homes in China rose slightly in September, traditionally a peak season for house hunting, a private survey showed on Tuesday, extending months of feeble gain in a crisis-hit market that has worried the country’s leaders. The average price across 100 cities edged up 0.14%, compared with the previous month’s 0.11%, showed data released by property researcher China Index Academy. Compared with a year earlier, the average price increased by 1.85%. Of the 100 cities, 17 reported price gain, versus 35 in August, underscoring cautious buyer sentiment that has chilled the real estate market in…
Rolls-Royce, unlike other car manufacturers who have adjusted their electric vehicle strategies due to declining sales in Western markets, remains steadfast in its electrification plans. The British luxury brand aims to phase out all internal combustion engine (ICE) models by the end of 2031. This transition aligns perfectly with Rolls-Royce’s commitment to quiet luxury, making battery electric vehicles a natural choice. With this strategy, Rolls-Royce seeks to outpace its competitors by introducing several new electric models. A smaller SUV, expected to arrive in early 2027, will join the Cullinan, which will continue production until the end of the decade before…
General Motors’ decision to discontinue the Chevrolet Malibu has far reaching implications for both the company and its workforce. The automaker’s Kansas plant, where the Malibu was produced, will be temporarily shut down, leading to layoffs for over 1,700 employees. This significant job loss will undoubtedly have a profound impact on the local economy and the affected workers’ livelihoods. The Malibu, a popular mid-size sedan, has been a staple in GM’s lineup for decades. Its discontinuation marks the end of an era for the automaker and a loss for consumers who valued its combination of comfort, performance, and affordability. While…
CVS Pharmacy logo is seen in Washington DC, United States on July 9, 2024. Jakub Porzycki | Nurphoto | Getty ImagesCVS Health’s board has engaged advisors to conduct a strategic review of its business, according to people familiar with the matter, as the company contends with potential activist pressure and a severely depressed stock price. The review has been ongoing for some time, said the people, but there is no certainty on what actions, if any, the company will take.CVS management, including CEO Karen Lynch, met with major shareholder Glenview Capital Monday to discuss the company’s lagging prospects and Glenview’s plans…
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks eased near two-and-half-year highs on Tuesday and the U.S. dollar firmed following hawkish comments from Federal Reserve Chair Jerome Powell that scuppered bets of big interest rate cuts, while Mid-East tension kept risk sentiment in check. Oil prices were steady and gold traded just below a record high touched last week as investors awaited U.S. labour data for more clarity on the pace of U.S. rate cuts. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.13% lower at 620.05 on Tuesday, just below the two-and-a-half-year high of 627.66 touched on Monday.…