Latest news with #MAN
Hi Dubai
3 days ago
- Automotive
- Hi Dubai
RTA Completes Major Upgrade of 22 Bus Stations and Depots Across Dubai
Dubai's Roads and Transport Authority (RTA) has completed the upgrade of 22 public bus facilities, including 16 passenger stations and 6 bus depots, as part of a comprehensive plan to elevate the quality, safety, and integration of Dubai's public transport system. The initiative aligns with RTA's broader vision of encouraging mass transit usage and promoting sustainable mobility by ensuring that bus stations go beyond basic waiting areas to become fully integrated transit hubs. These improvements enhance commuter comfort, accessibility for People of Determination, and first/last-mile connectivity through pedestrian access, cycling support, and integration with the Dubai Metro and taxis. Passenger Stations Upgrade: The upgrade covered nine stations in Deira and seven in Bur Dubai, serving 110 routes with a combined peak capacity of 710 buses per hour. Enhancements included: Renovated waiting areas and station façades Upgraded infrastructure systems and pavements Prayer rooms at select stations Safer, more user-friendly environments for diverse commuters Bus Depots Upgrade: Six key depots—Al Khawaneej, Al Qusais, Al Ruwayah, Al Awir, Jebel Ali, and Al Quoz—underwent upgrades that included: Improved inspection and maintenance lanes Engine washing systems Renovated driver accommodations Enhanced lighting, security, drainage, and bus parking layout Integration & Connectivity: The project supports RTA's strategy of multi-modal integration, encouraging public transport use through easier access and better last-mile solutions. It complements previous upgrades at major hubs like Al Ghubaiba, Union, Al Jafiliya, and Dubai International Airport Terminal 3. Modern Bus Fleet Expansion: To further support the enhanced stations, RTA signed a contract to procure 637 new buses, including: 40 fully electric zero-emission Zhongtong buses (first of their kind in the UAE) (first of their kind in the UAE) 451 city buses (400 MAN and 51 Zhongtong) (400 MAN and 51 Zhongtong) 76 double-decker VOLVO buses 70 articulated Isuzu Anadolu buses All buses comply with Euro 6 low-emission standards, featuring advanced safety systems, high passenger capacity, and comfortable interiors designed for Dubai's urban needs. With this upgrade, RTA aims to boost public transport adoption, reduce carbon emissions, and ensure seamless mobility experiences across the city. News Source: Dubai Media Office
Yahoo
6 days ago
- Business
- Yahoo
Why ManpowerGroup (MAN) Stock Is Trading Up Today
What Happened? Shares of workforce solutions provider ManpowerGroup (NYSE:MAN) jumped 3.2% in the morning session after the company reported second-quarter adjusted earnings that surpassed analyst expectations, overshadowing a reported net loss caused by one-time charges. While the company posted a net loss of $67.1 million, or $1.44 per share, this was primarily due to a non-cash goodwill impairment charge of $89 million and other restructuring costs. When excluding these items, ManpowerGroup's adjusted earnings per share (EPS) came in at $0.78. This figure comfortably beat the consensus analyst forecast of $0.69 per share, signaling to investors that the company's core operations are performing better than anticipated. Looking ahead, the company provided guidance for the third quarter, expecting diluted earnings per share to be between $0.77 and $0.87. The positive market reaction suggests investors are focusing on the underlying operational strength and the forward-looking guidance rather than the headline loss. After the initial pop the shares cooled down to $43.56, up 1% from previous close. Is now the time to buy ManpowerGroup? Access our full analysis report here, it's free. What Is The Market Telling Us ManpowerGroup's shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock dropped 15.9% on the news that the company reported underwhelming first quarter 2025 results: Its EBITDA and EPS missed Wall Street's expectations. On a brighter note, revenue came in ahead of expectations. However, this modest beat was not enough to offset the significant drop in earnings, as profits were pulled down by higher restructuring costs and tax charges. Looking ahead, EPS guidance for next quarter missed significantly, indicating continued margin pressure and limited visibility on near-term recovery, particularly in Europe. Overall, this was a weaker quarter. ManpowerGroup is down 23.6% since the beginning of the year, and at $43.56 per share, it is trading 43.5% below its 52-week high of $77.13 from July 2024. Investors who bought $1,000 worth of ManpowerGroup's shares 5 years ago would now be looking at an investment worth $597.45. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Daily Mirror
15-07-2025
- Automotive
- Daily Mirror
Inside F1 star George Russell's new £2.2m luxury yacht with four bedrooms and garage
George Russell has purchased a stunning Pershing 6X yacht, which contains four bedrooms, a private garage for a jet ski, and plenty of room to host friends and family George Russell has splashed out on a luxurious new toy, a £2.2million Pershing 6X yacht. The 62-foot vessel can host up to 14 guests and is kitted out with all the mod cons, providing the Mercedes driver with the perfect spot for some stylish relaxation. Russell's new pride and joy, powered by twin MAN V12 1550mhp engines and capable of reaching speeds of up to 48 knots, boasts ample space to unwind on the upper deck with a massive lounger and spacious decking. Below deck, there are even more treats in store. The plush master bedroom features an en-suite bathroom, and there's also a guest bedroom, complete with a double bed and a large mirror. A third room houses two single beds, allowing Russell to invite friends and family on board for extended stays. The boat also comes equipped with a compact kitchen to cater for guests, and there's an on-board garage that can house a jet ski, should the Silver Arrows racer fancy a bit of high-octane fun on the waves. The 27-year-old now joins an elite group of Formula 1 drivers who boast million-pound yachts in their collections. Max Verstappen recently snapped up a Mangusta Gransport 33, while Lewis Hamilton's Sunseeker 90 is typically moored in Monaco, reports the Express. Fernando Alonso and Charles Leclerc are also proud owners of their own nautical toys. It has often been a popular purchase for highly-paid F1 drivers over the years, given many of them live in Monaco and so already have the perfect place to keep a yacht. Meanwhile, Russell has hinted that his future with Mercedes hinges on a contract extension, especially with the upcoming technical changes in F1. Despite a standout 2025 season so far, the King's Lynn-born driver is yet to secure new terms. The situation seems entangled with Verstappen's plans, who, despite a contract with Red Bull until 2028, faces uncertainty following boss Christian Horner's exit after the British Grand Prix. Mercedes boss Toto Wolff, having eyed Verstappen in 2024, continues to show interest. Russell, speaking in Austria last month, said of the situation: "As Mercedes, they want to be back on top, and if you're going to be back on top, you need to make sure you've got the best drivers, the best engineers, the best pit crew, and that's what Mercedes are chasing. So, it's only normal that conversations with the likes of Verstappen are ongoing." Should Wolff successfully court Verstappen, Russell may be left without a seat at Brackley, potentially leading to a swap with the Dutchman to maintain his position in a leading F1 team.
Scottish Sun
15-07-2025
- Automotive
- Scottish Sun
George Russell buys luxury £2.2million Pershing 6X yacht as Mercedes star splashes cash after F1 success
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) GEORGE RUSSELL has splashed out on a £2.2MILLION luxury yacht following his success on the track. The Formula One superstar has traded the tarmac for the waves after recently purchasing a Pershing 6X yacht. Sign up for Scottish Sun newsletter Sign up 12 George Russell has splashed out on a new yacht following his success on the track Credit: Getty 12 Russell has bought a Pershing 6X yacht Credit: pershing yacht 12 The luxury boat is decked out with plush seating and leather for comfort on the water Credit: pershing yacht 12 It can reach 48 knots and boasts twin MAN V12 1550mhp engines Credit: pershing yacht 12 The yacht holds up to 14 people Credit: pershing yacht 12 There's plenty of space to lounge out in the sun on the waves too Credit: pershing yacht Russell, 27, is having one of his best campaigns behind the wheel for Mercedes and is currently fourth in the Driver's Standings. And the Brit is clearly earning himself a handsome pay packet, reportedly £11.2m-per-year, as he he started to treat himself to some of the finer things in life. The four-time F1 Grand Prix winner's new yacht is the definition of luxury, a cutting-edge boat with top speeds of 48 knots and enough space to carry 14 people. The 62ft vessel has four bedrooms, four bathrooms, a kitchen and a remarkable upper deck living area. READ MORE F1 NEWS Magnificent seven F1 legends with 14 world titles between them reunite at Goodwood Just like Russell's F1 car, the boat also packs a punch with twin MAN V12 1550mhp engines. Meanwhile the bow of the boat has a huge plush area for Russell and his pals to lounge in the sun when they're out on the water enjoying their time away from the track. And the rear is fit with a garage in case anyone was hoping to bring their jet ski along with them for a change of pace on the water. Pershing are clearly not a company who shy away from treating their customers either, as Russell recently attended the brand's 40th anniversary party in Capri - sipping on champagne and taking in the views of a private drone show. 12 Russell's yacht also has a kitchen on the lower deck Credit: pershing yacht 12 The master bedroom has its own en suite Credit: pershing yacht 12 Another huge bedroom can be found on the lower deck Credit: pershing yacht 12 There's space for friends to stay too Credit: pershing yacht 12 Russell and his pals can enjoy the views with a plush sunbed on the front of the boat Credit: pershing yacht CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS Russell could be in good stead to grow his yacht collection in the future as he looks set to pen a new and improved contract with Mercedes. The 27-year old is out of contract next year and has expressed his hope to stay with the team in the future amid speculation of a potential move for Max Verstappen from Red Bull to Mercedes. 'What a 'f---ing lap' - George Russell's X-rated message after Canada pole sets up another battle with Max Verstappen Speaking ahead of the British Grand Prix earlier this month, he said: "I want to continue with Mercedes into the future. Toto [Wolff] has never let me down, has always given me his word. 'He's also got to do what's right for his team, which includes me and the thousands of people who work for Mercedes. 'For me it's nothing to worry about, as I don't think I'll be going anywhere, and whoever my team-mate is doesn't concern me either, so I'll just focus on the driving. 'It'll happen when the time is right. I expect in the next couple of weeks. But we'll need to wait and see. 'There hasn't been a lack of interest, let's say. But I've been focused on my side, I am loyal to Mercedes. 'The likelihood I'm not at Mercedes next year is exceptionally low.'
The Irish Sun
15-07-2025
- Automotive
- The Irish Sun
George Russell buys luxury £2.2million Pershing 6X yacht as Mercedes star splashes cash after F1 success
GEORGE RUSSELL has splashed out on a £2.2MILLION luxury yacht following his success on the track. The Formula One superstar has traded the tarmac for the waves after recently purchasing a Pershing 6X yacht. Advertisement 12 George Russell has splashed out on a new yacht following his success on the track Credit: Getty 12 Russell has bought a Pershing 6X yacht Credit: pershing yacht 12 The luxury boat is decked out with plush seating and leather for comfort on the water Credit: pershing yacht 12 It can reach 48 knots and boasts twin MAN V12 1550mhp engines Credit: pershing yacht 12 The yacht holds up to 14 people Credit: pershing yacht 12 There's plenty of space to lounge out in the sun on the waves too Credit: pershing yacht Russell, 27, is having one of his best campaigns behind the wheel for Mercedes and is currently fourth in the Driver's Standings. And the Brit is clearly earning himself a handsome pay packet, reportedly £11.2m-per-year, as he he started to treat himself to some of the finer things in life. The four-time F1 Grand Prix winner's new yacht is the definition of luxury, a cutting-edge boat with top speeds of 48 knots and enough space to carry 14 people. The 62ft vessel has four bedrooms, four bathrooms, a kitchen and a remarkable upper deck living area. Advertisement READ MORE F1 NEWS Just like Russell's F1 car, the boat also packs a punch with twin MAN V12 1550mhp engines. Meanwhile the bow of the boat has a huge plush area for Russell and his pals to lounge in the sun when they're out on the water enjoying their time away from the track. And the rear is fit with a garage in case anyone was hoping to bring their jet ski along with them for a change of pace on the water. Pershing are clearly not a company who shy away from treating their customers either, as Advertisement Most read in Motorsport 12 Russell's yacht also has a kitchen on the lower deck Credit: pershing yacht 12 The master bedroom has its own en suite Credit: pershing yacht 12 Another huge bedroom can be found on the lower deck Credit: pershing yacht 12 There's space for friends to stay too Credit: pershing yacht Advertisement 12 Russell and his pals can enjoy the views with a plush sunbed on the front of the boat Credit: pershing yacht CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS Russell could be in good stead to grow his yacht collection in the future as he The 27-year old is out of contract next year a nd has expressed his hope to stay with the team in the future amid Advertisement 'What a 'f---ing lap' - George Russell's X-rated message after Canada pole sets up another battle with Max Verstappen Speaking ahead of the British Grand Prix earlier this month, he said: "I want to continue with Mercedes into the future. Toto [Wolff] has never let me down, has always given me his word. 'He's also got to do what's right for his team, which includes me and the thousands of people who work for Mercedes. 'For me it's nothing to worry about, as I don't think I'll be going anywhere, and whoever my team-mate is doesn't concern me either, so I'll just focus on the driving. 'It'll happen when the time is right. I expect in the next couple of weeks. But we'll need to wait and see. Advertisement 'There hasn't been a lack of interest, let's say. But I've been focused on my side, I am loyal to Mercedes. 'The likelihood I'm not at Mercedes next year is exceptionally low.' 12
