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2025-01-13 2025 European Cup 777mnl News
American car manufacturer Cadillac will become the eleventh team on the Formula One grid in 2026, after the sport's owners announced Monday they had given their backing to the plan. Formula 1 said it had reached "an agreement in principle" with General Motors (GM), which owns Cadillac, to support bringing a team into the paddock. "Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024," Formula One said in its statement. "Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the eleventh team GM/Cadillac, and that GM will enter as an engine supplier at a later time," Formula One said in a statement. The cars are expected to be powered by Ferrari before it develops its own engines. The move comes after Formula 1 rejected the bid which was headed up by Andretti – owned by Michael Andretti, son of 1978 world champion Mario Andretti – earlier this year. Nearly a fortnight ago, GM announced it had registered with the FIA to become a Formula One engine manufacturer from 2028, offering support to Andretti's bid to join the F1 grid. The Andretti name has since been dropped from the proposal with Michael no longer involved, although Mario is understood to be taking on an ambassadorial role. "It's an honour for General Motors and Cadillac to join the world's premier racing series, and we're committed to competing with passion and integrity to elevate the sport for race fans around the world," said GM president Mark Reuss. The US has become an increasingly important stop on the F1 tour. This announcement comes less than 48 hours after the Las Vegas Grand Prix which, after Miami and Austin, is the third US race on the calendar. The Netflix series 'Drive to Survive' has also boosted the sport's profile in the US. FIA president Mohammed Ben Sulayem, who had been in favour of the original Andretti bid, said he was "fully supportive" of the arrival of the GM/Cadillac team. "All parties, including the FIA, will continue to work together to ensure the process progresses smoothly," he said. Stefano Domenicali, the president and CEO of Formula 1, described the news as "an important and positive demonstration of the evolution of our sport". "We look forward to seeing the progress and growth of this entry, certain of the full collaboration and support of all the parties involved," he said. (AFP)777mnl



Romanian Prime Minister Marcel Ciolacu looks likely to win the most votes in the first round of the presidential election, with the Black Sea state's staunch support for Ukraine possibly at stake in the second round. Login or signup to continue reading While exit polls on Sunday put Social Democrat Ciolacu, 56, comfortably ahead on 25 per cent, the identity of his opponent in the second-round runoff was uncertain. Centre-right candidate Elena Lasconi, 52, was on 18 per cent in exit polls, followed closely by two hard-right candidates, Calin Georgescu, 62, and George Simion, 38, on 16 per cent and 15 per cent respectively. Exit poll data does not capture the preferences of hundreds of thousands of Romanians who live and vote abroad. Simion, who opposes military aid to Ukraine, is particularly popular with diaspora voters. Romania's president has a semi-executive role that gives him or her control over defence spending - likely to be a difficult issue as Bucharest comes under pressure to uphold NATO spending goals during Donald Trump's second term as US president while trying to reduce a heavy fiscal deficit. Lasconi told supporters after exit polls were released that she was optimistic about making the runoff on December 8. "But as you can see, the results are very tight, let us wait until tomorrow's results to rejoice." Campaigning focused largely on the soaring cost of living, with Romania having the EU's biggest share of people at risk of poverty. Lasconi, a former journalist, joined the Save Romania Union (USR) in 2018 and became party head this year. She believes in raising defence spending and helping Ukraine, and surveys suggest she would beat Ciolacu in a runoff. But if Simion or Georgescu comes second, analysts say Lasconi is likely to urge her supporters to vote for Ciolacu to prevent a hard-right victory. Georgescu has made pro-Russian and anti-NATO comments. Australian Associated Press DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Get the latest property and development news here. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. WEEKLY Follow the Newcastle Knights in the NRL? Don't miss your weekly Knights update. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!

Nissan CFO Stephen Ma to step down amid restructuring- Bloomberg NewsBERGAMO, Italy :A late strike from Ademola Lookman secured Atalanta a hard-fought 2-1 win over AC Milan on Friday, lifting the hosts to the top of Serie A. Three minutes before fulltime, a corner sailed across the box and an unmarked Lookman headed in the winner for Atalanta. The result propelled the hosts to the top of the standings with 34 points, two ahead of Napoli who will play Lazio at home on Sunday. Milan are seventh with 22 points. The win meant Atalanta matched their record nine-match winning streak in Serie A, equalling the run they achieved from February to July 2020. As a sign of things to come, both Atalanta and Milan started aggressively, with chances created within the first minutes. Christian Pulisic's angled shot was saved in the opening seconds by Atalanta keeper Marco Carnesecchi, and moments later, Mario Pasalic missed a close-range opportunity for the hosts, sending the ball soaring over the bar. Milan thought they had taken the lead in the seventh minute, as Alvaro Morata found the net, but his celebration was cut short by the offside flag. Former Milan player Charles De Ketelaere leapt his marker to head Atalanta into the lead after 12 minutes, finishing off a perfectly delivered corner. Ten minutes later, Milan replied when Rafael Leao sent a cross into the box to Morata, who swept it home from close range to equalise. PULISIC INJURY Milan faced an injury concern just before the break when Pulisic limped off the pitch after what looked like an unfortunate slip following contact with an Atalanta player. After receiving treatment from the medical staff, the pain proved too much for him to continue and he was substituted, helped off the field by two members of the medical team. Sky Sport Italia said later he was suffering from a calf muscle issue, which will require further testing. The second half was evenly contested, with both sides creating several chances, and Milan goalkeeper Mike Maignan made a save in stoppage time to deny Atalanta a third goal. "It’s a very important game against a very strong team that is doing well in the league. We performed well tonight, three big points and we continue like this," Lookman said. "I think we just continue to play the way we play, match by match. We believe in ourselves as a team, so we continue like this and stay together."

In news deserts, Trump won in a landslideIT’S easy to put off thinking about your old age. But more and more people face poverty in later years, as the cost of living goes up. Advertisement 2 Women need to start saving now 2 Jackie Leiper, from Scottish Widows, delves into the data And in Scotland , the risk for women is much starker than for men . New data has revealed 15 per cent of Scottish women expect to work past state pension age, while seven per cent reckon they will never be able to give up their job . And while auto-enrolment pensions have made things a little better in the last decade, women still do not save as much as men, with a projected 30 per cent gender gap in overall retirement income. Scottish Widows has been tracking attitudes toward retirement for the last 20 years, and its Managing Director of Pensions, Jackie Leiper, cites three reasons. Advertisement READ MORE IN MONEY TO YOUR BENEFIT Exact date millions will get paid benefits early this Christmas FESTIVE FEAST Cheapest supermarket to save money on Xmas dinner - with essential £2 item She says: “Some of it is around who takes responsibility for raising children , and there’s the fact women get paid a lot less than men. “Then there’s this third area which is finances. It’s an area women tend to procrastinate on — they don’t feel confident or worry they’re not doing what they should and put off taking action.” Investing is another area where men seem to be more assured than women. Jackie says: “One of my favourite stats in the report is that only 34 per cent of women between the ages of 18 and 25 invest but it’s 64 per cent of men of the same age. And that’s young people, who are digitally active. Advertisement Most read in Money LET'S DOUGH First look inside new Glasgow bakery popular with Noel Gallagher & Foo Fighters UNHAPPY HOUR Fury as 11 popular beers AXED with brewery accused of 'wiping out heritage' SHUTTERED Bargain megastore in Scots city to shut for good in days TASTY TAPAS Popular Spanish tapas restaurant to open fifth location in Glasgow “That shows men are more curious and more likely to get going with something and take a bit of a risk.” Jackie also reckons lack of confidence to hedge your bets with cash may be a generational issue. But she adds: “It’s not that women can’t manage money because, in all of the research we’ve done, quite often it’s women who run household finances. They pay the bills and they save. So it’s not that they’re not putting money aside, they’re just more likely to put the money into a cash savings product than think about investing. “That’s partly because investing feels complex. They correlate it with stock markets or buying crypto. Advertisement “We launched a new proposition, Ready-Made Investments , to make it simple. There’s three funds people pick from. They then put in how much they’re going to save and off they go — we do the rest. It’s all digitally enabled — you can open the account in five minutes and that’s aimed at people new to investing. It’s helping to demystify some of the things people have in their head.” I’m a money expert – here are 10 tips to help cut your shopping bills in half And while there are things women can do to help them-selves, Scottish Widows insists it’s also up to the Government to ensure Scots are not left destitute when they finally do give up work. "Auto-enrolment pension laws came into force in 2012, and meant employers had to automatically sign up workers in a scheme. Advertisement MAKE CASH GO FURTHER JACKIE gave her tips for what you should be doing NOW for your retirement: MAKE A PLAN IT’S good to know where you stand financially – so make a plan and do it early. Women are great at running their families’ finances and maybe even having an emergency fund. But also make pension saving a priority – don’t assume you can leave it. For every pound you save in your twenties, the value of that is the same as saving £4 in your fifties. KNOW YOUR PENSION TRACK down what your state pension is going to be. Women, in particular, are going to rely on this money during their retirement but most of them have no idea exactly how much they will qualify for. But you can easily find a pension forecast online. And track down any old pensions too. It may be easier to consolidate them all in one place. TO THE MAX IF you’re in a workplace pension scheme, fantastic. But make sure you are maxing everything out of the scheme. Workplace pensions are quite often tiered. And we often find that if people haven’t engaged with their employer they’re on the minimum amount and could be missing out on a substantial amount of cash. But Jackie says: “It only starts when you’re 20, we are saying it should start from 18. “It also has limitations on how much you earn — so you don’t need to be enrolled unless you earn over £10,000 but that discriminates against part-time people and a lot of part-time workers are women. “Also, auto enrolment contributions are eight per cent and that isn’t enough to get you a decent retirement, even a minimum retirement.” Finally, Jackie adds of the gender divide: “The gap really starts when women are in their thirties, and coincides with when they take time out to have children, so we need to think about how we make it easier for women to return to work. Advertisement Read more on the Scottish Sun HERE WE SNOW AGAIN Full list of Scots cities to be hit by blizzards as storm moves in MISSED CHANCE I'm Sir Alex's biggest signing mistake, I tell him whenever I see him “For example, childcare . The UK and Scottish Governments have made some commitments but it is probably the most expensive bill for a house-hold after their mortgage. “That means a lot of women come out of the work-place or reduce their hours as they juggle childcare. This affects their earnings and, in particular, lifetime earnings and that will flow right through into a poor retirement.”Trudeau government facing pressure to change $250 cheque plan after NDP, Bloc, Liberal MP demand more

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MILAN, Italy (AP) — Atalanta went to the top of Serie A when Ademola Lookman scored with three minutes remaining to beat AC Milan 2-1 on Friday. Atalanta’s ninth win in a row was a fitting gift to coach Gian Piero Gasperini, who was awarded the coach of the month award earlier in the day for guiding his team to a perfect record in November. Charles De Ketelaere put the home side ahead with a towering header after 11 minutes only for Milan to level 11 minutes later. Theo Hernández released Rafael Leão on the right wing and his inviting cross was converted by Álvaro Morata. Milan, which lost Christian Pulišić to a knock before halftime, looked set to end Atalanta’s impressive run but Lookman nipped in at the back post to nod home a corner in the dying moments. Atalanta has 34 points, two more than Napoli, which has a game in hand against Lazio on Sunday. Milan was in seventh place. Serie A champion Inter defeated Parma 3-1 and extended the Milan club’s unbeaten run to 13 games. Federico Dimarco put the home side ahead five minutes before halftime when he worked a neat one-two with Henrikh Mkhitaryan and fired a low shot past Zion Suzuki. Nicolò Barella made it two eight minutes into the second half when he finished a fast counterattack with aplomb. Marcos Thuram's 10th goal of the season made it 3-0 in the 66th. A Matteo Darmian own goal gave some late consolation for Parma. AP soccer: https://apnews.com/hub/soccer

EARLY MORNING MELTDOWN. In this videograb, Vice President Sara Duterte again lets it all out against the first couple and their allies in the House of Representatives at an online press conference she called on Saturday, Nov. 23, 2024. MANILA, Philippines — “Is this what we want for our government? Is this what we deserve from our political leaders?” This was what law lecturer and constitutionalist Michael Henry Yusingco said about Vice President Sara Duterte’s latest rant over the weekend, in connection with the midterm and general elections in 2025 and 2028. For Yusingco, the electorate should seriously ponder on whether the country needs the same kind of leaders. READ: League of cities condemns VP Duterte’s ‘outburst’ vs Marcos “I want our voters to look at what’s happening now and really internalize it and say to themselves—do we still want to vote for these kinds of people? So definitely, this should affect the 2025 elections and 2028 elections,” the lawyer told the Inquirer. He said what Duterte did was a display of “unbecoming conduct, unbecoming behavior with their words and with their actuations.” Government officials are still expected to “display a high degree of decorum and civility,” Yusingco said. “Because we want to see from them that they are working for the people, not for themselves.” — Kathleen de Villa Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy .Fortunately for income investors, they have a lot of options to choose from on the Australian share market. So many it can be hard to decide which ones to buy over others. To help narrow things down, let's look at a three ASX dividend shares that analysts rate as buys. Here's why they could be top options next week: ( ) If you are not averse to investing in the mining sector, then mining giant BHP could be an ASX dividend share to buy. That's the view of analysts at Goldman Sachs, which believe the miner is well-positioned to benefit from a copper bull market. They said: We remain bullish on copper due to ongoing supply side challenges and increasing demand and expect BHP's copper EBITDA to increase by ~US$3bn to ~US$10bn by FY26E (~45% of group EBITDA). Under our base case, copper EBITDA is expected to reach US$14bn by FY35E and ~US$19bn with all copper growth, at GSe long run copper of US$4.44/lb (real $, from 2028). Goldman Sachs expects this to underpin fully franked dividends of 99 US cents (~A$1.54) per share in FY 2025 and US$1.08 (~A$1.68) in FY 2026. Based on BHP's current share price of $40.70, this implies of 3.8% and 4.1%, respectively. Goldman Sachs has a buy rating and $47.40 price target on its shares. ( ) Another ASX dividend share that could be a buy is Smartgroup. It is an industry-leading provider of employee benefits, end-to-end fleet management, and software solutions with over 400,000 salary packages and 64,000 novated leases under management. Bell Potter likes the company due to its defensive business, favourable tailwinds, and attractive valuation. It said: SIQ looks well priced given a fwd P/E of ~14.5x, a defensive client base, earnings tailwinds from the Electric Car Discount Bill (exempts low or zero emission vehicles from Fringe Benefits Tax), an ROE of ~30% and a strong balance sheet. In respect to dividends, the broker is forecasting fully franked dividends of 53.3 cents in FY 2024 and then 59.7 cents in FY 2025. Based on its current share price of $8.17, this would mean dividend yields of 6.5% and 7.3%, respectively. Bell Potter has a buy rating and $10.00 price target on its shares. ( ) Another ASX dividend share that has been given a buy rating is telco giant Telstra. Goldman Sachs thinks income investors should invest due to its defensive earnings, positive growth outlook, and asset monetisation opportunities. It said: We believe the low risk earnings (and dividend) growth that Telstra is delivering across FY22-25, underpinned through its mobile business, is attractive. We also believe that Telstra has a meaningful medium term opportunity to crystallise value through commencing the process to monetize its InfraCo Fixed assets – which we estimate could be worth between A$22-33bn. As for dividends, Goldman is forecasting fully franked dividends of 19 cents per share in FY 2025 and then 20 cents per share in FY 2026. Based on the current Telstra share price of $3.99, this represents dividend yields of 4.75% and 5%, respectively. The broker has a buy rating and $4.35 price target on its shares.

Panelists Roma Daravi and Xaviaer DuRousseau discuss several topics on ‘Fox News @ Night,’ including Time magazine naming President-elect Trump ‘Person of the Year.’ President-elect Trump on Friday posted a message on his Truth Social account that contrasted his 2023 mugshot with his Time magazine cover. Trump was named Time’s Person of the Year this week, which included a cover and an in-depth interview as he prepares to take office for the second time. "How it started, how it’s going," Trump wrote with his mugshot on the left side and his Time cover on the right. TRUMP SPEAKS ON BEING NAMED TIME PERSON OF THE YEAR FROM THE NEW YORK STOCK EXCHANGE "How it started, how it’s going," Trump wrote with his mugshot on the left side and his Time Magazine cover on the right on Truth Social. (Donald Trump/Truth Social) Trump’s mugshot was taken in May 2023 when he was processed at the Fulton County Jail in Atlanta after being indicted on election racketeering charges. The magazine announced Trump, who faced an assassination attempt last summer and won the first nonconsecutive U.S. presidential term since Grover Cleveland in the 19th century, had been named its Person of the Year Thursday. TRUMP PROMISES ‘TREMENDOUS INCENTIVE’ ON TAXES DURING SECOND TERM President-elect Trump speaks at a reception at the New York Stock Exchange after being named Time's Person of the Year for the second time Dec. 12, 2024, in New York City. (Spencer Platt/Getty Images) Trump, in a ceremony after the announcement, called it an "honor." 'Thank you very much for doing it," he said. "Thank the whole group at Time. Really professional people." Trump, during a ceremony after the announcement, called it an "honor." (Spencer Platt/Getty Images) CLICK HERE TO GET THE FOX NEWS APP He was first named the magazine’s Person of the Year after his first presidential win in 2016.Officials celebrate Santa’s Workshop 2024 opening for the holidays

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