It’s a sight to behold: a BMW M3 that’s been transformed beyond recognition. Once a classic, it’s now a one-of-a-kind creation that screams individuality. From the oversized hood scoop to the custom door panels, every inch of this car has been meticulously modified. While the front retains the familiar E36 M3 look, the rear is a radical departure, featuring a boxy design, oversized wing, and custom taillights that add to its aggressive stance. The owner’s attention to detail is evident in the seamless integration of the modifications. There are no mismatched panels or unsightly gaps. Every element, from the modified…
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By Andrew Gray BRUSSELS (Reuters) – NATO members should not be deterred from giving more military aid to Ukraine by Vladimir Putin’s “reckless Russian nuclear rhetoric”, outgoing NATO boss Jens Stoltenberg told Reuters in an interview on Monday. Stoltenberg was reacting to a declaration from Putin last week that Russia could use nuclear weapons if it was struck with conventional missiles, and that Moscow would consider any assault on it supported by a nuclear power to be a joint attack. Putin’s warning came as the United States and its allies deliberate over whether to let Ukraine fire conventional Western missiles…
U.S. crude oil prices are on pace for a third monthly loss in a row in September as rising supplies from OPEC+ and weak demand in China haunt the market.The U.S. benchmark has declined more than 7% for the month, while global benchmark Brent has fallen about 9%.”Oil markets are experiencing a panic attack,” Amarpreet Singh, energy analyst at Barclays, told clients in a Friday note. “Balances are set to loosen next year, but concerns are likely overdone.”Barclays expects Brent to average $85 in 2025.Here are Monday’s energy prices:West Texas Intermediate November contract: $68.23, up 5 cents, or 0.07%. Year to…
Hyundai Motor America has issued a recall for a small number of its recently refreshed Tucson SUVs due to a technical oversight. The affected vehicles were manufactured between June 7 and July 30, 2024, and were shipped without the necessary glovebox airbag warning label, which is a violation of federal safety regulations. The South Korean automaker discovered the issue in August and promptly launched an investigation. It was determined that a limited number of 2025 Tucson models were built without the required label. Hyundai has notified owners of the recall and will be providing replacement labels. Dealers will also be…
What’s Going On With Stellantis Stock Monday?Stellantis NV (NYSE:STLA) stock is plunging Monday after it revised its fiscal 2024 guidance to reflect its remediation actions on North American performance issues and deterioration in global industry dynamics. Auto rivals, including General Motors Co (NYSE:GM) and Ford Motor Co (NYSE:F), are trading lower in sympathy with Stellantis.The company projects a fiscal 2024 adjusted operating margin of 5.5%—7.0%, down from its prior double-digit growth expectations.It now expects fiscal 2024 industrial free cash flow of negative 5 billion euros—negative 10 billion euros versus the prior positive cash flow expectations.The automotive company targets 330,000 units of dealer…
Image source: Getty Images Aston Martin (LSE: AML) stock was sticking out like a sore thumb in the FTSE 250 today (30 September). It fell by as much as 27%! As I write, it’s started to tentatively rise, narrowing the decline to ‘just’ 22%. Nevertheless, this is turning out to be (another) bad day for long-suffering shareholders. The stock is down 89% in five years. Are Aston Martin shares now in bargain-basement territory? And if so, should I buy them? Why has the stock tanked? Today’s sell-off was sparked by an unexpected profit warning from the luxury carmaker. In this…
Hyundai’s next generation Nexo fuel cell SUV has been captured undergoing rigorous testing in Europe. The vehicle, which made its debut in South Korea in April 2024, showcases a more robust and angular design compared to its predecessor. Codenamed NH2 and FE PE, the new Nexo is anticipated to make its official debut in the first half of 2025. Initially conceived as a facelift for the current Nexo, Hyundai opted to introduce a completely new generation instead, driven by advancements in fuel cell technology. The new Nexo is believed to be underpinned by a revised version of the existing platform,…
Awards recognize companies driving fintech innovation forward SIOUX FALLS, S.D.–(BUSINESS WIRE)–Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward ®, N.A. (Bank or Pathward), announced the Bank’s Partner Solutions line of business won the 2024 Finovate Award for Best Banking as a Service Provider. According to Finovate, its awards recognize the companies driving fintech innovation forward and the individuals bringing new ideas to life. Pathward’s Partner Solutions team is honored to be recognized by Finovate. We have an incredible team, and it’s rewarding to earn national recognition as the Best Banking as a Service Provider, said Pathward’s Divisional President of…
Despite the slowdown in EV sales, the luxury segment remains a bright spot, particularly for brands like Rolls-Royce. The Spectre, their first electric model, has been a hit among the ultra-wealthy. Even as European EV sales plummeted 44% in August, Rolls-Royce has maintained steady production, catering to the exclusive demands of their clientele. The Spectre’s high visibility in the aftermarket and digital realms has further boosted its appeal. Customizers and tuners have showcased their creativity, transforming the car into even more opulent and personalized vehicles. Meanwhile, digital artists have explored the boundaries of virtual customization, envisioning futuristic and fantastical versions…
Default: The Landmark Court Battle over Argentina’s $100 Billion Debt Restructuring. 2024. Gregory Makoff. University of Georgetown Press. In his autobiography, preeminent financier William R. Rhodes notes a phrase inscribed on the gold Cross pen used by Nicaraguan authorities to sign off on their 1980s debt restructuring with private creditors: “Firmar me harás. Pagar jamás.” The phrase translates to “You can make me sign, but you’ll never make me pay” — a prescient warning that proved true. Gregory Makoff continues in the tradition of Rhodes with his book Default: The Landmark Court Battle over Argentina’s $100 Billion Debt Restructuring. He…