Latest news with #110
The Sun
3 days ago
- Automotive
- The Sun
Land Rover revamps Defender for 2025
LAND ROVER has unveiled a comprehensive refresh of its Defender range for 2025, introducing significant powertrain upgrades, enhanced off-road technology, and subtle design revisions aimed at solidifying its position as the go-to SUV for adventurous motorists. The headline update is the introduction of the new P425 5.0-litre supercharged V8 petrol engine, which produces 425hp and 550Nm of torque. This powerhouse replaces the P400 inline-six petrol variant and is now available in both the Defender 90 and 110. The addition marks a substantial performance boost for both models. Also joining the Defender family is the D250 mild-hybrid diesel, which delivers 245hp and a robust 570Nm of torque. In the updated line-up, the Defender 90 can now be specified with either the new V8 or the D250 diesel, while the larger Defender 110 finally gains access to both. A new trim, dubbed S D250, adds electronic air suspension and 19-inch alloy wheels as standard, with 18-inch steel wheels offered as a no-cost option for those preferring a more utilitarian setup. These new additions supplement an already diverse Defender powertrain line-up, which includes the D350 mild-hybrid diesel, the plug-in hybrid electric vehicle (PHEV) variant, and the performance-oriented Defender OCTA, which is powered by a twin-turbocharged P635 V8 mild-hybrid engine. Styling updates for 2025 include revised headlight and taillight designs and the introduction of new exterior colours such as Woolstone Green, Borasco Grey, and Sargasso Blue–the latter reserved exclusively for the OCTA. Land Rover has also added striking 22-inch seven-spoke alloy wheels, finished in Gloss Black with Defender-branded centre caps. Inside the cabin, the Defender gains a larger 13.1-inch touchscreen interface, part of a broader effort to improve user interaction and support tech-driven journeys. Storage areas have also been reconfigured to enhance practicality for touring and off-road escapades. Land Rover has added new technologies to boost off-road capability and safety. A notable innovation is the Adaptive Off-Road Cruise Control, designed to automatically maintain a preset level of comfort when traversing uneven terrain. Additionally, the Defender 130 variant now features an integrated air compressor, allowing drivers to adjust tyre pressures on demand. Safety has also been given attention with the introduction of a new Driver Attention Monitor that uses a driver-facing camera to detect and alert for lapses in concentration. From commercial-focused Hard-Top models to the high-performance OCTA flagship, the 2025 Defender range represents Land Rover's most complete and capable SUV offering yet.
Time of India
3 days ago
- Business
- Time of India
Cotton MSP hiked by 589, taking rates to 7,710-8,110/q
Nagpur: The govt has increased the minimum support price (MSP) for cotton, the major crop of the region, by Rs589. This takes the rates for long staple cotton to Rs8,110 a quintal and Rs7,710 per quintal for the medium staple grade. A section of farmers and activists said it was expected that MSP will be taken to at least Rs8,500 a quintal. According to govt calculations, cost of cultivation per quintal of cotton comes to Rs5,140. Against this, MSP of Rs8,110 leaves margin of Rs2,970 on each quintal of long staple cotton. Charudutta Mayee, ex-director of Central Institute of Cotton Research (CICR), said, "MSP should have been fixed at Rs8,500 a quintal to leave a decent profit for farmers." MSP for soyabean, the second major crop, has been increased by Rs436 to Rs5,328 a quintal. Rates of tur have been hiked by Rs450, taking it to Rs8,000 a quintal. The MSP for paddy has been hiked by Rs69, taking it to Rs2,369 a quintal.
AU Financial Review
12-05-2025
- Business
- AU Financial Review
Investors ramp up crypto spree as bitcoin nears record
Australian investors have pounced on the plunge in bitcoin earlier this year and have been ramping up exposure to the cryptocurrency in a bold bet that could pay off handsomely with analysts tipping prices to hit $US200,000 this year. The world's largest digital asset crossed the key $US100,000 level last week for the first time since February. Bitcoin extended that rally on Monday to trade at $US104,110, just shy of its record of around $US109,000 on January 20 – the day US President Donald Trump was inaugurated.
IOL News
08-05-2025
- Business
- IOL News
Government provides R381 million wage subsidy to South African Post Office amid financial crisis
The South African Post Office (SAPO) has received a R381 million wage subsidy Image: Bhekikhaya Mabaso/Independent Newspapers The South African Post Office (SAPO) is set to receive a R381 million wage subsidy from the government, aimed at covering employee salaries for the next six months as part of the ongoing business rescue process. The chairperson of the Portfolio Committee on Communications and Digital Technologies, Khusela Diko, described the approval of six months of income support for the Post Office as "a much-needed lifeline that the state is both morally and duty-bound to extend." According to reports, this latest round of income support brings the total amount of government bailouts for SAPO to approximately R9.8 billion since 2014. The funds will come from the Temporary Employer/Employee Relief Scheme (TERS), which was established to minimise job losses for companies facing distress by providing up to 75% of employees' salaries, capped at R241,110, for a period of 12 months. The scheme is administered by the Department of Labour and Employment through the Commission for Conciliation, Mediation and Arbitration (CCMA). In a statement issued to the media on Thursday, Diko said the amount marked an important milestone in the ongoing efforts to rescue and resuscitate the Post Office. "The R381,297,863.83 wage subsidy for nearly 6,000 SAPO employees over a six-month period signals an important milestone in the ongoing work to rescue, resuscitate and ultimately futureproof the Post Office. "The subsidy is expected to reduce SAPO's cost burden and forms part of the building blocks towards the completion of the business rescue process,' Diko said.
Arab News
02-03-2025
- Business
- Arab News
Closing Bell: Saudi main index edges down 0.63% to close at 12,035
RIYADH: Saudi Arabia's Tadawul All Share Index closed lower on Sunday, dropping 76.45 points, or 0.63 percent, to settle at 12,035.45. The benchmark index's total trading volume reached SR3.45 billion ($922 million), with 37 stocks advancing and 209 declining. Nomu, the Kingdom's parallel market, gained 177.88 points, or 0.57 percent, to close at 31,582.35. Of the listed stocks, 26 advanced, while 61 saw declines. The MSCI Tadawul Index fell by 2.59 points, or 0.17 percent, to close at 1,512.22. The top performer of the day was Saudi Cable Co., whose share price surged by 5.79 percent, reaching SR131.60. Other notable performers included Elm Co., whose share price rose by 4.24 percent, closing at SR1,110, and Middle East Pharmaceutical Industries Co., which saw a 1.96 percent increase, closing at SR135.40. On the downside, SAL Saudi Logistics Services Co. experienced the largest decline, falling by 9.98 percent to SR220.20. Batic Investments and Logistics Co. also saw a significant drop of 9.76 percent, closing at SR3.05, while Al-Baha Investment and Development Co. saw its stock price fall by 7.32 percent, ending at SR0.38. On the announcements front, Saudi Tadawul Group Holding Co. reported its annual financial results for the year ending Dec. 31, 2024. The company posted a net profit of SR621.8 million, reflecting a 59.4 percent increase compared to 2023. This growth was driven by a 34.8 percent rise in operating revenues, an 18.3 percent increase in operating expenditures, a 59.4 percent increase in earnings per share, a 50.3 percent rise in gross profit, and a 72.4 percent jump in operational profit. Saudi Tadawul Group Holding Co. ended the session at SR213, down 0.47 percent. Retal Urban Development Co. also reported its annual results for the year ending Dec. 31, 2024. The company posted a net profit of SR266.12 million in 2024, marking a 31.51 percent increase from the previous year. This increase was driven by a 32 percent rise in gross profit to SR499.65 million, along with a surge in equity-accounted investment results, totaling SR71.10 million. This performance came despite higher general and administrative expenses and increased finance costs. Retal Urban Development Co. ended the session at SR16.06, up 0.25 percent. Al-Rajhi Co. for Cooperative Insurance announced its financial results for the year ending December 31, with a net profit of SR332.3 million in 2024, reflecting a 1.3 percent increase compared to 2023. The increase is attributed to higher insurance service results before Re-takaful and a decrease in insurance service results for the year, alongside an uptick in operating expenses, a drop in total comprehensive income, and a rise in gross written premiums. Al-Rajhi Co. for Cooperative Insurance closed at SR165, down 2.04 percent. Shatirah House Restaurant Co. (BURGERIZZR) reported its financial results for the year ending Dec. 31, 2024, showing a net profit of SR8.44 million, a decrease of 31.25 percent compared to 2023. Despite a 7.3 percent increase in gross profit, the decline in net profit was attributed to a 10 percent rise in selling expenses, a 26.9 percent increase in administrative expenses, and other factors. Shatirah House Restaurant Co. closed the session at SR21.50, down 2.85 percent.
