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Powell Wake-Up Call Means More Corporate Defaults: Credit Weekly
Powell Wake-Up Call Means More Corporate Defaults: Credit Weekly
America’s most leveraged companies got a painful reality check this week when Federal Reserve Chairman Jerome Powell warned
1970-01-01 08:00
Ukraine war must end, South African President Ramaphosa tells Putin
Ukraine war must end, South African President Ramaphosa tells Putin
Cyril Ramaphosa and other African leaders met the Ukrainian and Russian presidents in their peace bid.
1970-01-01 08:00
Max Verstappen fastest as Carlos Sainz crashes out of rain-hit Canadian practice
Max Verstappen fastest as Carlos Sainz crashes out of rain-hit Canadian practice
Max Verstappen finished fastest as Carlos Sainz crashed out of a rain-hit final practice for the Canadian Grand Prix. Verstappen has won five of the first seven races of the season and even a wet track in Montreal could not slow the Dutchman down. The world champion, already 53 points clear of Red Bull team-mate Sergio Perez in the championship standings, finished 0.291 seconds clear of Ferrari’s Charles Leclerc. The Monegasque was the only driver within one second of Verstappen. Fernando Alonso took third for Aston Martin, 1.3 sec off the pace. Lewis Hamilton, fastest in Friday’s dry running at Circuit Gilles Villeneuve, finished 10th in the rain, 1.98 sec slower than Verstappen, with George Russell 15th in the other Mercedes. In the greasy conditions, Sainz spun after he stepped on to the white line under braking for the opening left-right chicane. Sainz was sent out of control and into the wall, sustaining significant damage to the front of his scarlet car. The Ferrari man escaped unharmed from the high-speed shunt which saw the one-hour session suspended for eight minutes. But his mechanics will now face a race against time to repair his machine for qualifying which is due to start at 16:00 local time (21:00 BST). Sainz was also summoned to the stewards for blocking Williams’ Alex Albon at the final chicane. Albon was forced to take evasive action to avoid slamming into the back of the Spaniard. Hamilton headlined the order here on Friday, but the seven-time world champion was not at ease with his black-liveried car on a sodden surface. “Grip is very poor,” said Hamilton after he ran off the road at the first corner and failed to trouble the top of the time sheets. Elsewhere, Kevin Magnussen finished an impressive fourth for Haas, one spot ahead of Sainz, who set his speediest lap moments before his accident. British driver Lando Norris was 13th, one spot behind his rookie McLaren team-mate Oscar Piastri, while Perez finished a lowly 17th, 2.7 sec behind Verstappen. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Lewis Hamilton fastest as practice for Canadian Grand Prix finally gets started Max Verstappen closes in on ‘amazing achievement’ of matching Ayrton Senna Lewis Hamilton plays down talk of imminent new Mercedes deal
1970-01-01 08:00
Rare earthquake damages French homes, schools and churches
Rare earthquake damages French homes, schools and churches
Hundreds of buildings in western France are declared uninhabitable following the rare earthquake.
1970-01-01 08:00
F1 Canadian Grand Prix LIVE: Qualifying updates and FP3 lap times as rain falls in Montreal
F1 Canadian Grand Prix LIVE: Qualifying updates and FP3 lap times as rain falls in Montreal
The Formula 1 paddock heads to Montreal next for the Canadian Grand Prix. Max Verstappen won his third race in a row with a cruise of a victory in Spain last time out, with his lead in the F1 world championship now 53 points from Red Bull team-mate Sergio Perez. COMMENT: Ferrari’s F1 flaws all the more baffling after shock success at Le Mans It was an improved weekend in Barcelona for Mercedes though, with their revamped car showing improvements as Lewis Hamilton and George Russell came home second and third respectively. There was disappointment for Fernando Alonso though, who only finished seventh, while Ferrari’s Charles Leclerc finished outside the points in 11th. Verstappen won last year’s race in Montreal, seeing off Carlos Sainz in second. FP1 on Friday was abandoned early on due to a CCTV issue at the track, while Lewis Hamilton was fastest in second practice later in the day. Follow live coverage from the Canadian Grand Prix with The Independent - FP3 starts at 5:30pm (BST). Read More Lewis Hamilton fastest as practice for Canadian Grand Prix finally gets started F1 Fantasy: How to play in 2023 season and top tips for Canadian Grand Prix Max Verstappen closes in on ‘amazing achievement’ of matching Ayrton Senna
1970-01-01 08:00
Binance.US Reaches Agreement With SEC to Avoid Full Asset Freeze
Binance.US Reaches Agreement With SEC to Avoid Full Asset Freeze
Binance.US and the US Securities and Exchange Commission reached an agreement that avoids a total asset freeze at
1970-01-01 08:00
Ransomware Gang Haunted US Firms Long Before MOVEit Hack
Ransomware Gang Haunted US Firms Long Before MOVEit Hack
Shell Plc, IAG SA’s British Airways, the British Broadcasting Corp., the state of Minnesota’s Department of Education, multiple
1970-01-01 08:00
South Korea: Police remove Daegu city officials trying to stop LGBT festival
South Korea: Police remove Daegu city officials trying to stop LGBT festival
City workers, led by the mayor, clash with police after trying to stop the annual pride event.
1970-01-01 08:00
Sudan crisis: Five children among 17 killed in air strikes
Sudan crisis: Five children among 17 killed in air strikes
Twenty-five homes were destroyed in the densely populated area of Yarmouk, where civilians are trapped.
1970-01-01 08:00
Tiger Global Is Falling Short of $6 Billion Target for New Fund
Tiger Global Is Falling Short of $6 Billion Target for New Fund
Tiger Global Management LLC is falling short in attracting cash for its latest venture-capital fund, with investors so
1970-01-01 08:00
Biden to Counter Trump by Focusing on Economy Not Indictments
Biden to Counter Trump by Focusing on Economy Not Indictments
President Joe Biden plans to press his economic case for reelection at a campaign kickoff rally, setting up
1970-01-01 08:00
Canada’s Snap Retreat From China Bank Shows Divided World
Canada’s Snap Retreat From China Bank Shows Divided World
A single Tweet alleging Communist Party interference was all it took for Canada to freeze ties with a
1970-01-01 08:00
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