Latest news with #LA28
Malay Mail
29 minutes ago
- General
- Malay Mail
Will Lee Zii Jia say yes? Hannah Yeoh eyes final boost for RTG team ahead of LA28
PETALING JAYA, June 3 — Youth and Sports Minister Hannah Yeoh has expressed hope that professional men's singles shuttler Lee Zii Jia will accept the offer to join the Road to Gold (RTG) programme in preparation for the 2028 Olympic Games in Los Angeles (LA28). Hannah said that she met with the Paris 2024 men's singles bronze medallist last week to discuss the benefits of the RTG initiative, particularly its expanded support for independent athletes. 'We do hope to offer the Road to Gold services to Zii Jia. I hope that he will say yes, because there is nothing to lose. 'The final decision lies with Zii Jia, and I am confident he will consider all factors,' she told reporters at the Daikin International Badminton Championship 2025 here today. Last April, the RTG Committee named Zii Jia, reigning Badminton Asia Championships men's doubles champions Aaron Chia-Soh Wooi Yik and 10 other badminton players for the RTG programme ahead of LA28. Zii Jia, ranked world number eight, had previously declined a spot in the RTG programme during the Paris 2024 cycle. The three non-badminton athletes listed in RTG for the LA28 cycle are track cyclists Muhammad Shah Firdaus Sahrom and Nurul Izzah Izzati Mohd Asri, along with weightlifter Mohamad Aniq Kasdan. Hannah said the final list of RTG members for LA28 is expected to be known by the end of June. She said that the timing is due to the athletes' busy travel schedules, as they are frequently away for tournaments. 'We want to gather all of them who have said yes, so that we have that signing together,' she said. LA28 is slated to be held from July 14 to 30, 2028. — Bernama
The Sun
2 hours ago
- Sport
- The Sun
LA28: Nothing to lose, Hannah hopes Zii Jia will join RTG
YOUTH and Sports Minister Hannah Yeoh has expressed hope that professional men's singles shuttler Lee Zii Jia will accept the offer to join the Road to Gold (RTG) programme in preparation for the 2028 Olympic Games in Los Angeles (LA28). Hannah said that she met with the Paris 2024 men's singles bronze medallist last week to discuss the benefits of the RTG initiative, particularly its expanded support for independent athletes. 'We do hope to offer the Road to Gold services to Zii Jia. I hope that he will say yes, because there is nothing to lose. 'The final decision lies with Zii Jia, and I am confident he will consider all factors,' she told reporters at the Daikin International Badminton Championship 2025 here today. Last April, the RTG Committee named Zii Jia, reigning Badminton Asia Championships men's doubles champions Aaron Chia-Soh Wooi Yik and 10 other badminton players for the RTG programme ahead of LA28. Zii Jia, ranked world number eight, had previously declined a spot in the RTG programme during the Paris 2024 cycle. The three non-badminton athletes listed in RTG for the LA28 cycle are track cyclists Muhammad Shah Firdaus Sahrom and Nurul Izzah Izzati Mohd Asri, along with weightlifter Mohamad Aniq Kasdan. Hannah said the final list of RTG members for LA28 is expected to be known by the end of June. She said that the timing is due to the athletes' busy travel schedules, as they are frequently away for tournaments. 'We want to gather all of them who have said yes, so that we have that signing together,' she said. LA28 is slated to be held from July 14 to 30, 2028.
The Sun
2 hours ago
- Sport
- The Sun
Nothing to lose, Hannah hopes Zii Jia will join RTG
YOUTH and Sports Minister Hannah Yeoh has expressed hope that professional men's singles shuttler Lee Zii Jia will accept the offer to join the Road to Gold (RTG) programme in preparation for the 2028 Olympic Games in Los Angeles (LA28). Hannah said that she met with the Paris 2024 men's singles bronze medallist last week to discuss the benefits of the RTG initiative, particularly its expanded support for independent athletes. 'We do hope to offer the Road to Gold services to Zii Jia. I hope that he will say yes, because there is nothing to lose. 'The final decision lies with Zii Jia, and I am confident he will consider all factors,' she told reporters at the Daikin International Badminton Championship 2025 here today. Last April, the RTG Committee named Zii Jia, reigning Badminton Asia Championships men's doubles champions Aaron Chia-Soh Wooi Yik and 10 other badminton players for the RTG programme ahead of LA28. Zii Jia, ranked world number eight, had previously declined a spot in the RTG programme during the Paris 2024 cycle. The three non-badminton athletes listed in RTG for the LA28 cycle are track cyclists Muhammad Shah Firdaus Sahrom and Nurul Izzah Izzati Mohd Asri, along with weightlifter Mohamad Aniq Kasdan. Hannah said the final list of RTG members for LA28 is expected to be known by the end of June. She said that the timing is due to the athletes' busy travel schedules, as they are frequently away for tournaments. 'We want to gather all of them who have said yes, so that we have that signing together,' she said. LA28 is slated to be held from July 14 to 30, 2028.
Business Insider
4 hours ago
- Business
- Business Insider
‘Keep Your Helis Grounded,' Says Barclays About Archer Aviation Stock
Archer Aviation (NYSE:ACHR) has captured Wall Street's attention over the past year, with shares soaring 231% amid growing optimism around its eVTOL progress. Revenue generation is approaching, piloted test flights are on the horizon, and the company is set to launch operations in the UAE by year's end. Confident Investing Starts Here: Backing this momentum is Archer's solid financial foundation, with approximately $1 billion in cash reserves providing the runway to support upcoming milestones and strategic initiatives. One such initiative is an eye-catching partnership: Archer has been selected as the exclusive Air Taxi OEM for the LA28 Olympic and Paralympic Games and will serve as the official and sole eVTOL sponsor for Team USA. Such has been the positivity that even a short seller report was unable to seriously dent sentiment, with investors swiftly brushing off the various accusations. Barclays analyst David Zazula says the report had a 'bizarre focus' on the company's paid sponsorship of the 2028 Olympic Games – an initiative commonly pursued by consumer-focused companies and one that could be financially beneficial if Archer successfully offers air transport services during the event. Addressing accusations that Archer misrepresented the status and progress of its aircraft assembly and testing phases, Zazula recognizes that prototype aircraft often need to be disassembled during testing, particularly modern models with numerous data connections. That said, the analyst does think that the reported modifications to the aircraft's configuration merit attention, especially with the upcoming deliveries of the 'Launch Edition' models on the horizon. The report also pointed out slow progress in Archer's efforts to obtain FAA type certification – advancing just 2% in the first quarter, according to the company's own metric. Archer attributed this delay to the absence of FAA guidance on how to address a loss of propulsion scenario. Management has since indicated that, with that issue resolved, most of the remaining compliance requirements should be manageable. However, Zazula thinks it's worth noting that the 'administrative requirements associated with unlocked testing are likely to be substantial.' Basically, Zazula thinks there remains a lot of uncertainty regarding the timing of FAA certification. Separately, Archer announced partnerships with Palantir to develop AI solutions for manufacturing and infrastructure, and with Anduril to create hybrid aircraft for defense use in the U.S. and U.K. Based on Zazula's experience with the Department of Defense, he believes these contracts will likely advance slowly, especially given that defense programs often prioritize range and operational flexibility. All in all, while Archer's ambition and momentum are clear, Zazula adopts a wait-and-see approach. 'Given the reliance of Archer's plan on near term revenues from international sales, we believe more clarity is needed on certification progress with the respective regulators to support current stock levels,' Zazula summed up. Reflecting that cautious stance, the analyst rates ACHR stock an Equal Weight (i.e., Neutral), along with a $4.50 price target – implying a steep 54% downside from where shares currently trade. (To watch Zazula's track record, click here) The rest of Wall Street leans more optimistic, with 4 Buys and 2 Holds combining for a Moderate Buy consensus. At $10.92, the average target factors on one-year gains of 12%. (See ACHR stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Time of India
4 hours ago
- Automotive
- Time of India
Olympics get Honda as auto sponsor for 2028 Summer Games in Los Angeles
The organizing committee for the 2028 Olympics in Los Angeles signed Honda as a "founding partner", giving the upcoming Summer Games their sixth new sponsor this year and their first tier-one sponsor since 2021. Terms of the deal were not disclosed on Monday. Price tags for this level of sponsorship have been reported to start at around $200 million. The deal fills a hole for LA28 in the automotive category, which is considered one of the most important in the Olympic world. Toyota had been the Olympics auto sponsor before declining to renew its deal after 2024. Delta and Comcast are the other top-level sponsors for LA28. John Slusher, the CEO of U.S. Olympic and Paralympic Properties, told Sports Business Journal that the new deal brings the operation to more than $1.5 billion in sponsorship sales, with a goal of $2.5 billion. Part of this deal calls for Honda to work with the organizing committee on a vehicle fleet to help move athletes and officials around Southern California during the games.
