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"The revenue service is already organizing the implementation of this minimum taxation on multinationals," she said in an interview on Wednesday. The revenue service did not immediately respond to a request for comment. It advocates that this mechanism will ensure that large multinational companies pay a minimum 15% tax on their profits in all jurisdictions where they operate to deter profit-shifting to tax-favorable locations. The OECD estimates that the global minimum tax, already under way in countries including South Korea and Japan, could generate up to $200 billion in additional annual revenue. She also said Brazil aims to go further in the global tax discussion to reduce differences between advanced and emerging economies and to promote the green agenda.

Persons: India Narendra Modi, Luiz Inacio Lula da Silva, Joe Biden, Rishi Sunak, Kenny Holston, Tatiana Rosito, Maria Carolina Sampaio, GVM, Rosito, Marcela Ayres, Bernardo Caram, Matthew Lewis Organizations: U.S, UK, Rights, Finance, Reuters, Organization, Economic Cooperation, Development, OECD, International Monetary Fund, Thomson Locations: India, Brazil, New Delhi, Rights BRASILIA, South Korea, Japan, United States, Rosito, Brasilia

☆ Here are the emails, texts and photos that could put Sam Bankman-Fried in prison for life
▼ + stars: | 2023-11-02 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +16 min

Lawyers for the U.S. Attorney's office entered into evidence a series of photos featuring the $35 million penthouse where Sam Bankman-Fried and his fellow co-workers resided. Zoom In Icon Arrows pointing outwards Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Source: SDNYZoom In Icon Arrows pointing outwards Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Source: SDNYZoom In Icon Arrows pointing outwards Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Government exhibit in the case against former FTX CEO Sam Bankman-Fried.

Persons: Sam Bankman, Fried, FTX, Renato Mariotti, Bryan Cave Leighton, Caroline Ellison, —, Alameda —, Ryan Pinder, Rob Creamer, didn't, Ellison, he'd, HOOD, they'll, FTX's, Sun, Bankman, Stephen Curry, Tom Brady, Giselle Bundchen, Larry David, Nishad Singh, Michael Kives, Bryan Baum, Hillary Clinton, Katy Perry, Orlando Bloom, Leonardo DiCaprio, Kris, Kylie Jenner, SDNY Singh, Baum, Drappi, Jane Rosenberg, Joe Bankman, Ramnik Arora, Ryne Miller, Constance Wang, Ryan Salame, Changpeng Zhao, Michael Lewis, Singh, Lewis Organizations: U.S . Justice Department's Securities, Commodities, Lawyers, U.S, Alameda Research, Alameda, Geneva Trading, FIA, Traders Group, Wall Street Journal, Google, shuttering, Prosecutors, NBA, Major League Baseball, K5, Federal Court Locations: Chicago, Bahamas, Bankman, Alameda, FTX, shuttering Alameda, Hong Kong, New York City, U.S, Sequoia, Alameda's

☆ Hamilton says unchecked cars were also illegal in Austin
▼ + stars: | 2023-10-27 | by ( Angelica Medina | ) www.reuters.com time to read: +2 min

MEXICO CITY, Oct 26 (Reuters) - Lewis Hamilton claimed on Thursday that more cars than his Mercedes and Charles Leclerc's Ferrari were illegal at the U.S. Grand Prix in Austin and called for a fairer system of post-race checks. Both teams accepted their punishment and blamed the sprint format, with only one practice session, and particularly bumpy track. Only four of the 15 cars that finished the race were checked for such a breach, however. "I have heard from different sources that there were many cars that had not been tested and were also illegal," Hamilton told reporters ahead of this weekend's race in Mexico City. "It's unlikely two cars (from the same team) are that different, so if one car is illegal, there is a high chance that the other car is," said the Briton.

Persons: Lewis Hamilton, Mercedes, Charles Leclerc's Ferrari, Leclerc, George Russell, Ferrari's Carlos Sainz, Hamilton, Max Verstappen, McLaren's Lando Norris, Alan Baldwin, Christopher Cushing Organizations: MEXICO CITY, U.S, Prix, FIA, Thomson Locations: MEXICO, Austin, Mexico City, Dutch, London

BRASILIA, Oct 26 (Reuters) - Brazil's Finance Ministry is preparing a decree that nearly doubles the tax on the sale of firearms and ammunition, arguing that the measure is necessary to boost revenue and reduce crime, according to a draft document seen by Reuters. Prepared by the revenue service at the request of Finance Minister Fernando Haddad, the decree raises the industrial tax on revolvers, pistols, shotguns, carbines, pepper spray, and other equipment from 29.25% to 55%, in addition to also increasing the tax on ammunition. The proposal was sent by the revenue service to the ministry's executive secretary, Dario Durigan, on Wednesday night. The revenue service declined to comment. The move aligns with other actions by leftist Lula, who has consistently opposed policies that encourage the sale and use of firearms.

Persons: Fernando Haddad, Dario Durigan, Luiz Inacio Lula da Silva, Lula, Jair Bolsonaro, Bernardo Caram, Bill Berkrot Organizations: Brazil's Finance Ministry, Reuters, Finance, Thomson Locations: BRASILIA

☆ Hamilton and Leclerc disqualified from U.S. Grand Prix
▼ + stars: | 2023-10-23 | by ( ) www.reuters.com time to read: +2 min

[1/2] Oct 22, 2023; Austin, Texas, USA; Mercedes AMG Petronas Motorsport driver Lewis Hamilton (44) of Team Great Britain drives during the 2023 United States Grand Prix at Circuit of the Americas. Mandatory Credit: Jerome Miron-USA TODAY Sports Acquire Licensing RightsAUSTIN, Texas, Oct 22 (Reuters) - Mercedes accepted their punishment after Formula One stewards disqualified Lewis Hamilton from second place in Sunday's U.S. Grand Prix along with sixth-placed Ferrari driver Charles Leclerc. Mercedes had brought an upgraded car to Texas and Hamilton, whose team mate George Russell moved up to fifth, had looked more competitive. "We can take a lot of positives from the car performance today," said Wolff. Reporting by Alan Baldwin in London, editing by Christian Schmollinger and Michael PerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Lewis Hamilton, Jerome Miron, Mercedes, Charles Leclerc, COTA, Toto Wolff, Red Bull's Max Verstappen, George Russell, Wolff, Carlos Sainz, Alan Baldwin, Christian Schmollinger, Michael Perry Organizations: Mercedes, Petronas Motorsport, Great, Prix, Circuit, Ferrari, FIA, Austin's Circuit, Thomson Locations: Austin , Texas, USA, Americas, , Texas, Sunday's U.S, Texas, Hamilton, London

Already given one career lifeline this season, Ricciardo missed the last five races with a broken left hand. But he returns this week to the U.S. Grand Prix, where the 34-year-old Australian has a history of having some cheeky fun. Long time no see," Ricciardo said to the group of his fellow drivers when he walked into Thursday's news conference. The hand feels good,” Ricciardo said, adding that the bone break that required surgery was worse than initially expected. Eventually there will have to be a serious side to the racing, which has not been so good for Ricciardo in recent years.

Persons: Daniel Ricciardo, Ricciardo, “, ” Ricciardo, I'm, ”, Red Bull, Lando Norris, AlphaTauri, Nyck De Vries, Liam Lawson, It’s, Lawson, Max Verstappen, Lewis Hamilton, George Russell, Ferrari's Charles Leclerc, “ Charles, ” Haas, Kevin Magnussen, Hamilton, let's, ” Hamilton, Williams, Logan Sargeant, Aston, Lance, Estebon Ocon, ” Sargeant Organizations: U.S, University of Texas Longhorns, Renault, McLaren, Austin, FIA, Qatar Grand Prix Locations: AUSTIN, Texas, Americas, Austin, Ricciardo, Hungary, Belgium, TEXAS, Qatar

☆ Oscar winner Yeoh joins IOC along with seven new members
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

Michelle Yeoh poses. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing RightsMUMBAI, Oct 17 (Reuters) - Michelle Yeoh, the first Asian actress to win an Oscar, joined the International Olympic Committee (IOC) on Tuesday after being voted in as a member at a ceremony in Mumbai. She was one of eight new proposed members to join the Olympic body at its session in the Indian financial capital. A former Malaysian junior squash champion, Yeoh won the Oscar for best lead actress earlier this year for her role in the film, "Everything Everywhere All at Once". Mehrez Boussayene, President of the Tunisian Olympic Committee, also joined.

Persons: Michelle Yeoh, Sarah Meyssonnier, Oscar, Yeoh, Pierce Brosnan, Jean Todt, Yael Arad, Israel's, Balasz Furjes, Cecilia Roxana Tait Villacorta, Michael Mronz, Furjes, Sweden's Petra Soerling, South Korean Kim Jae, Mehrez Boussayene, Karolos Grohmann, Peter Rutherford Organizations: Cannes, Rights, International Olympic Committee, Hollywood, United Nations Goodwill, FIA, IOC, Tennis Federation, South, International Skating Union, Tunisian Olympic Committee, Thomson Locations: Cannes, France, Rights MUMBAI, Mumbai, Malaysian, Chinese, Hungarian, Olympic, Peru, Hungary, Germany, South Korean

☆ FIA 'revisiting' Hamilton track-crossing incident in Qatar
▼ + stars: | 2023-10-15 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

The governing body said on Sunday it was 'revisiting' the incident. "The FIA notes that Lewis was apologetic during the subsequent stewards hearing into the incident and acknowledged that the crossing was a serious safety breach," said a statement. "However, in view of his role model status, the FIA is concerned about the impression his actions may have created on younger drivers." The stewards report at the time said Hamilton had reached the inside edge of the track just seconds before Russell arrived at high speed after exiting the pits. The governing body is likely to want to set clearer guidelines and more stringent penalties for such a breach in future.

Persons: Mercedes, Lewis Hamilton, Hamad I Mohammed, Lewis, George Russell, Hamilton, Russell, Joe Turney, Tom Pryce, Alan Baldwin, Christian Radnedge Organizations: Qatar, Mercedes, Briton, FIA, Kyalami, Thomson Locations: Lusail, Qatar, Hamilton, Italy

He jumped straight out of the cockpit and crossed the circuit, which is a breach of regulations. But given his role model status within the series, and the danger represented, governing body FIA feels this may not have been enough. Hamilton reached the inside edge of the Losail track shortly before Russell arrived at full speed having exited the pit lane. He is third in the F1 standings behind Red Bull drivers Sergio Perez and Max Verstappen, who clinched his third straight F1 title in Qatar. Alpine driver Esteban Ocon vomited inside his helmet as track temperatures reached 50 degrees Celsius (122 degrees Fahrenheit).

Persons: Lewis Hamilton, Hamilton, Mercedes, George Russell, Russell, Lewis, Red Bull, Sergio Perez, Max Verstappen, Aston Martin, Lance, Logan Sargeant, Williams, Esteban Ocon vomited Organizations: Qatar, Prix, FIA, Hamilton, Red Locations: Saudi Arabia, Qatar

☆ FIA to take action after Qatar GP 'extreme weather'
▼ + stars: | 2023-10-09 | by ( ) www.reuters.com time to read: +2 min

FILE PHOTO:Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - October 8, 2023 Williams' Logan Sargeant in action during the race REUTERS/Ibraheem Al Omari/File Photo Acquire Licensing RightsOct 9 (Reuters) - Formula One's governing body will take action to protect drivers from the sort of extreme heat and humidity they suffered during Sunday's Qatar Grand Prix, it said on Monday. The International Automobile Federation said in a statement it had "begun an analysis into the situation in Qatar to provide recommendations for future situations of extreme weather conditions. "Research from other series, such as cross-country events in extreme climates, will be examined for potential applications to circuit events." The FIA noted that next year's race in Qatar will be held in December, when temperatures should be lower, but said it preferred "to take material action now to avoid a repeat of this scenario." The inaugural Qatar Grand Prix in 2021 was held in late November.

Persons: Williams, Logan Sargeant, Al Omari, Max Verstappen, Verstappen, Angelica Medina, Alan Baldwin Organizations: Qatar, REUTERS, Sunday's Qatar, Prix, International Automobile Federation, FIA, Qatar Grand Prix, Thomson Locations: Lusail, Qatar, Paris, Singapore, Miami, Mexico City, London

LOSAIL, Qatar (AP) — Formula One drivers will have to change tires at least every 18 laps in the Qatar Grand Prix, which should make a three-stop strategy inevitable in the 57-lap race Sunday. The governing body, the FIA, is acting over concerns that the Pirelli tires are being damaged when cars run over the pointed “pyramid” kerbs used at the Losail circuit. Cars that use the same tires for more than 18 laps will be considered to be "in an unsafe condition” and reported to the stewards, the FIA said. Any laps done in earlier sessions on tires that are then re-used for the race will count toward the total. The FIA and Pirelli suspect the problem is caused by “high-frequency interference” when cars run over the kerbs.

Persons: Max Verstappen Organizations: Prix, FIA, Pirelli, Tires, Drivers, Red Bull Locations: LOSAIL, Qatar

☆ Verstappen on course for third title in Qatar sprint
▼ + stars: | 2023-10-07 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Formula One F1 - Qatar Grand Prix - Lusail International Circuit, Lusail, Qatar - October 7, 2023 Red Bull's Max Verstappen after finishing the sprint shootout in third place Pool via REUTERS/Darko Bandic Acquire Licensing RightsSummary Piastri on sprint pole with Norris alongsideVerstappen to start third with third title in sightPerez starts eighthHamilton qualifies 12thDOHA, Oct 7 (Reuters) - Red Bull's Max Verstappen was on course to secure his third Formula One championship on Saturday after qualifying third for a Qatar Grand Prix sprint race with sole title rival and team mate Sergio Perez five places behind. Verstappen need finish only sixth in the sprint -- and take three points -- to secure his third successive world championship. "He (Verstappen) is not interested in the three points. He's interested in the maximum points," Red Bull team principal Christian Horner told Sky Sports television. Only the top eight score points in the sprint.

Persons: Max Verstappen, Darko Bandic, Norris, Verstappen, Perez, Hamilton, Sergio Perez, Oscar Piastri, Lando Norris, He's, Christian Horner, Mercedes, George Russell, Ferraris, Carlos Sainz, Charles Leclerc, Nico Hulkenberg, Aston Martin's Fernando Alonso, Alpine's Esteban Ocon, Max, he's, Lewis Hamilton, Alan Baldwin, Hugh Lawson Organizations: Qatar, REUTERS, Formula, Prix, Bull, Sky Sports, Haas, FIA, Pirelli, kerbs, Thomson Locations: Lusail, Qatar, DOHA

☆ Why Red Bull’s RB19 is one of the most dominant F1 cars ever
▼ + stars: | 2023-10-06 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +9 min

However, Red Bull Racing’s 2023 competitor, the RB19, has absolutely fried the system and blown past the boundaries of what appeared possible in this sport. Mark Thompson/Getty ImagesNewey has been designing F1 cars since 1988 and has won 12 Constructors’ Championships, split between his time at Williams, McLaren and Red Bull. Red Bull team principal Christian Horner has described Newey as “the only bloke that can see air” in an interview with Red Bull. And Mercedes eventually ceded its position at the summit of F1 to Red Bull in 2022 after being in control for much of the turbo-hybrid era. But it does raise the question: how far can Red Bull go?

Persons: Red Bull, Max Verstappen, we’ve, Lawrence Barretto, It’s, Edd Straw, Sergio Pérez, Ferrari’s Carlos Sainz, Sebastian Vettel’s, Bull, Verstappen, Vettel, Michael Schumacher’s, Mercedes ’, Mark Thompson, Lewis Hamilton, ”, “, ” Verstappen, Hamilton, Adrian Newey, Newey, Red, McLaren, –, Christian Horner, Straw, Max, “ We’ve, Michael Schumacher, Mercedes, hasn’t, he’s, Clive Mason, Lewis, Michael, Seb, Roger Federer’s, Bill Belichick, Tom Brady, Clive Rose, Bull won’t, George Russell, ” Horner Organizations: CNN, ”, CNN Sport, “, Suzuka, Singapore, Prix, Verstappen, Monza, Austrian, FIA, Sky Sports, Bulls, Constructors, Williams, Ferrari, Getty, BBC Radio Locations: Miami, Qatar, Austrian, ”, New England

The FIA decision does not guarantee Andretti will get the two-car team he wants. “Andretti Formula Racing LLC was the only entity which fulfils the selection criteria that was set in all material respects. Only four applicants completed the entire process; Andretti, with engines that would be General Motors-badged under the Cadillac banner, was deemed to be the only worthy applicant. Andretti has said his team will really be the American team with an actual American driver and the backing of GM and an American sponsor. For that reason, the parameters to join F1 and the entire application process is now extremely stringent.

Persons: Michael Andretti, Andretti, Cadillac, Mario Andretti, Michael, They've, Mohammed Ben Sulayem, Ben Sulayem, “, ” Ben Sulayem, Red Bull, Mercedes —, they've, Gene Haas, Haas Organizations: FIA, Andretti Global, Liberty Media, Andretti, Racing, “ Andretti, Motors, General Motors, GM, Audi, Honda, Ford, Porsche Locations: United States, North America, American

☆ F1 stewards accept they erred in not penalising Verstappen
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

[1/2] Formula One F1 - Japanese Grand Prix - Suzuka Circuit, Suzuka, Japan - September 21, 2023. Red Bull's Max Verstappen ahead of the Japanese Grand Prix. Championship leader Verstappen collected two reprimands for three incidents reviewed but escaped any penalty for Sunday's race at Marina Bay. Mercedes' George Russell, a director of the Grand Prix Drivers' Association, also said the wrong decision had been taken. Alpine's Pierre Gasly, who collected two grid drops at the Spanish Grand Prix, was also confused.

Persons: Red, Max Verstappen, Issei Kato, Verstappen, Matteo Perini, AlphaTauri's Yuki Tsunoda, Williams, Logan Sargeant, Red Bull, McLaren's Lando Norris, Mercedes, George Russell, Alpine's Pierre Gasly, Alan Baldwin, Toby Davis Organizations: Suzuka, Prix, REUTERS, Formula, Media, FIA, Prix Drivers, Association, Spanish, Singapore, Red, Thomson Locations: Suzuka, Japan, Singapore, Marina Bay, London

☆ Mercedes watching Massa case with interest, says Wolff
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +2 min

Former Ferrari driver Massa lost that title by a point to Lewis Hamilton, now at Mercedes and a seven-time world champion. The Brazilian, 42, says an alleged "conspiracy" denied him the title because the sport's leaders knew the 2008 Singapore Grand Prix was manipulated but took no action until a year later. Wolff suggested that outcome could also be challenged if Massa were to succeed with his case. "The FIA commented on the 2021 race with a clear statement so that's why we are looking at it with interest," he said. The governing FIA said in March 2022 after an enquiry that "the results of the 2021 Abu Dhabi Grand Prix and the FIA Formula One World Championship are valid, final and cannot now be changed."

Persons: Felipe Massa, Edgar Su, Felipe Massa's, Toto Wolff, Massa, Lewis Hamilton, Nelson Piquet, Fernando Alonso, Wolff, Hamilton, Max Verstappen, Michael Masi . Wolff, Alan Baldwin, Ken Ferris Organizations: Singapore, Circuit, Rights, Ferrari, Mercedes, Renault, FIA, Abu, Prix, Thomson Locations: Singapore, Rights SINGAPORE, Abu Dhabi, London

☆ FIA issues written warning to Red Bull's Marko for Perez comments
▼ + stars: | 2023-09-15 | by ( Tom Westbrook | ) www.reuters.com time to read: +2 min

Marko, 80, apologised last week after referring to Perez as a "South American" who was less focused than dominant Red Bull team mate Max Verstappen or the team's now-retired champion Sebastian Vettel. "We can confirm that Helmut Marko has received a written warning and been reminded of his responsibilities as a public figure in motor sport in line with the FIA Code of Ethics," said an FIA spokesman at the Singapore Grand Prix. Perez said on Thursday he had accepted a personal apology from Marko, whose comments continued to provoke a strong reaction in the paddock. It was not the first time Marko had referred to Perez as a South American, although the Mexican comes from Guadalajara which is geographically in North America. "I'm Italian so I know that sometimes we have been facing the same comments," said Alfa Romeo's Alessandro Alunni Bravi.

Persons: Gilles Villeneuve, Sergio Perez, Helmut Marko, Evan Buhler, Marko, Perez, Max Verstappen, Sebastian Vettel, Mercedes, Toto Wolff, hasn't, Lewis Hamilton, McLaren, Zak Brown, Verstappen, Alessandro Alunni Bravi, Alan Baldwin, Ken Ferris Organizations: Prix, Grand Prix REUTERS, Rights, Red Bull, FIA, Singapore, Formula One, Mexican, One, Thomson Locations: Montreal, Canada, Rights SINGAPORE, Austrian, Mexican, Guadalajara, North America, Mexico, South America, London

Tens of millions of dollars have poured back into Pakistan's interbank and openmarkets, dealers say, since raids on black market operators began on Sept. 6. Ninety percent were going to black market dealers, cutting our supply of foreign exchange," Bostan explained. While a crackdown on the black market was needed to stabilise the rupee, it "is a temporary fix," said Fahad Rauf, Head of Research at Ismail Iqbal Securities. High inflation and chronic external deficits lie at the heart of the currency's problem, and closing off people's access to black market dollars risks storing up pent-up demand. "There is an unprecedented demand for the dollar," Hanifullah Mohmand, a trader in the Peshawar market, said.

Persons: Akhtar Soomro, Asim Munir, Malik Bostan, Bostan, General Munir, Haji Luqman Khan, Sheikh Allauddin, ECAP, Fahad Rauf, Ismail Iqbal, Ariba Shahid, Mushtaq Ali, Gibran Peshimam, Simon Cameron, Moore Organizations: REUTERS, Pakistan, Exchange Companies Association of Pakistan, Reuters, Federal Investigation Agency, FIA, Inter, Services Intelligence, ISI, Locals, International Monetary Fund, IMF, Research, Ismail, Ismail Iqbal Securities, Thomson Locations: Karachi, Pakistan, KARACHI, PESHAWAR, Peshawar, Islamabad, Lahore, Quetta, Afghanistan

The legal team had initially set a Friday deadline. "The ball is on their court, we've been waiting for their response," said Viana, a partner at law firm Vieira Rezende Advogados. His lawyers want Hamilton, who was racing for McLaren at the time to support the claims. He is an honorary Brazilian citizen and very well liked by Brazilians, so I hope he will support us," Viana said. Despite that, Viana said Massa's legal team were confident they had a strong case and enough evidence to bring the Brazilian the championship.

Persons: Felipe Massa, Lewis Hamilton, Bernardo Viana, we've, Viana, Vieira Rezende Advogados, Hamilton, Nelson Piquet Jr, Massa, Piquet, Fernando Alonso, supremo Bernie Ecclestone, Max Mosley, Mosley, Ecclestone, Charlie Whiting, Massa's, Nick de Marco, Gabriel Araujo, Ken Ferris, Toby Davis Organizations: SAO PAULO, Reuters, Formula, FIA, Ferrari, Massa, Renault, Singapore, Prix, McLaren, Hamilton, Mercedes, supremo, Thomson Locations: Singapore, Brazilian

☆ Africa Climate Summit: Electric motorcycle startup Spiro expands into Kenya
▼ + stars: | 2023-09-04 | by ( Nell Lewis | ) edition.cnn.com time to read: +6 min

CNN —Spiro, a startup looking to eliminate fuel-guzzling motorbikes and scooters from the roads by trading them in for electric two-wheelers, is expanding to Kenya. Ahead of the first Africa Climate Summit, which kicked off in Kenya’s capital Nairobi today, the host government announced on Friday that the e-bike and battery-swapping startup would be entering the East African country with its biggest deployment yet: 1.2 million electric vehicles. In Kenya, they will be offered 50,000 Kenyan shillings (about $344) – around a third of the price of a new electric bike – to swap their existing bike for an electric one. Last week, US company Uber also launched an electric motorbike service in Kenya, promising to roll out 3,000 bikes within six months. “We’re surpassing the symbolic but significant milestone of one million electric bikes signed with a government,” says Samain.

Persons: CNN — Spiro, Jules Samain –, polluters, Samain, Spiro, CLEMENT, CLEMENT DI ROMA, ”, ” Spiro, William Ruto, Ampersand, Uber Organizations: CNN, Africa Climate, CLEMENT DI, AFP, Getty, FIA Foundation, Spiro, McKinsey Locations: Kenya, Africa, Kenya’s, Nairobi, West, Benin, Togo, Rwanda, Uganda, China, Mombasa, Saharan Africa, Swedish, Kenyan, East

☆ Alfa Romeo will stay in motorsport, yet to decide on F1
▼ + stars: | 2023-09-01 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

"I feel that I must stay in motorsport and I will stay in motorsport. We don’t want to be full (in) for Alfa Romeo. I will not go to Rally Raid and I will not go on WRC (world rally) for obvious reasons for the story of Alfa Romeo. Alfa are effectively title sponsors of Sauber, who run the team, under a deal driven by the late FIAT Chrysler boss Sergio Marchionne. "It was reasonable, it was sized at the height of Alfa Romeo and Sauber, it was not the dreaming contract.

Persons: Max Verstappen, Jennifer Lorenzini, Romeo, Jean, Philippe Imparato, Imparato, Alfa Romeo, Haas, Ferrari, Sergio Marchionne, Alan Baldwin, Toby Davis Organizations: Prix, Autodromo Nazionale Monza, Prix REUTERS, One, Sauber, Frenchman, Reuters, Audi, Volkswagen, Alfa, WRC, Maserati, FIAT Chrysler, FIA, Formula One Management, Netflix, Vegas, Motorsport, Thomson Locations: Monza, Italy, United States

Former Pakistani Prime Minister Imran Khan, gestures as he speaks with Reuters during an interview, in Lahore, Pakistan March 17, 2023. REUTERS/Akhtar Soomro/File Photo Acquire Licensing RightsISLAMABAD, Aug 30 (Reuters) - A Pakistani court on Wednesday extended the jail custody of former prime minister Imran Khan for 14 days to investigate him on charges of leaking state secrets, his lawyer said. A court suspended that sentence on Tuesday and said Khan could be released on bail, but he was barred from leaving as he was still under remand in the official secrets case. His top aide, former Foreign Minister Shah Mahmood Qureshi, has already been arrested and questioned in the case. Reporting by Asif Shahzad; Editing by Simon Cameron-MooreOur Standards: The Thomson Reuters Trust Principles.

Persons: Imran Khan, Akhtar Soomro, Naeem Panjutha, Khan, Khan's, Shah Mahmood Qureshi, Asif Shahzad, Simon Cameron, Moore Organizations: Pakistani, Reuters, REUTERS, Rights, Federal Investigation Agency, FIA, Thomson Locations: Lahore, Pakistan, Rights ISLAMABAD, Attock, United States, Russia, Ukraine, Washington

China, Brazil's largest trading partner, funneled $1.3 billion in direct investments into the country last year, the lowest level since 2009, according to a CEBC study. The performance contrasts with overall foreign direct investment (FDI) in Brazil in 2022, which skyrocketed by 95% to $90.6 billion, highest in a decade. Last year, just 28% of announced Chinese projects worth $4.7 billion went ahead, the CEBC said. That compares poorly with 2021, when pledged investments of $5.9 billion were fully realized, bolstered by two oil projects worth nearly $5 billion. Chinese mining firm Honbridge (8137.HK), for example, announced investments worth $2.1 billion that failed to proceed due to a pending environmental license.

Persons: Cariello, Hua Sheng, Getulio Vargas, Luiz Inacio Lula da Silva, Bernardo Caram, Tom Hogue Organizations: Brazil tanked, China Business Council, HK, U.S ., Sao Paulo Business Administration School, Getulio Vargas Foundation, Thomson Locations: BRASILIA, Brazil, China, Ukraine, U.S, Asia, Beijing

"We feel that the applicant is entitled to the suspension of sentence and be released on bail," it said. Khan's lawyer Naeem Panjutha also announced the suspension on social media, saying "God be praised." Nor will the suspension of the corruption sentence undo the ban on Khan's contesting elections as long as the conviction remains. STATE SECRETSPakistan's former Prime Minister Imran Khan, gestures as he speaks to the members of the media at his residence in Lahore, Pakistan May 18, 2023. The possible overturning of Khan's graft conviction is pending a detailed hearing in the court, according to a lawyer Abdul Moiz Jaferii.

Persons: Khan, Imran, Khan's, Naeem Panjutha, Imran Khan, Mohsin Raza, Shah Mahmood Qureshi, Abdul Moiz Jaferii, Jaferii, abetment, Zulfikar Bukhari, Asif Shahzad, Gibran Peshimam, Ariba Shahid, Simon Cameron, Moore, Alex Richardson, Angus MacSwan Organizations: ISLAMABAD, Reuters, REUTERS, Federal Investigation Agency, FIA, Thomson Locations: Pakistan, Lahore, United States, Russia, Ukraine, Washington, Islamabad, Karachi

☆ Vasseur wary of commenting on Massa's legal claim
▼ + stars: | 2023-08-23 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

Lawyers for Brazilian Massa last week notified Formula One chief executive Stefano Domenicali and Mohammed Ben Sulayem, president of the governing FIA, of the intent to claim compensation. An FIA spokesperson last week acknowledged receipt of "correspondence" from Massa's representatives and said the matter was under review. The scandal, widely known as 'Crashgate', did not emerge until a year later and led to Renault team bosses being banned. Vasseur said teams wanted to know the result of races at the chequered flag and not after the podium celebrations had happened. The Frenchman, who was Renault team boss in 2016, took over at Ferrari in January and was not in Formula One in 2008.

Persons: Driver Felipe Massa, Hamad I Mohammed, Fred Vasseur trod, Felipe Massa, Stefano Domenicali, Mohammed Ben Sulayem, Massa, Vasseur, Nelson Piquet's, Britain's Lewis Hamilton, insider.com, supremo Bernie Ecclestone, Max Mosley, Ecclestone, Mosley, Frenchman, Alan Baldwin, Lincoln Organizations: Saudi, Prix, Jeddah Corniche, Driver, Grand Prix REUTERS, Ferrari Formula, Brazilian Massa, Formula, FIA, Renault, McLaren, supremo, Reuters, Ferrari, One, Thomson Locations: Jeddah, Jeddah Corniche Circuit, Saudi Arabia, Singapore

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