Latest news with #MW
Irish Times
27-05-2025
- Automotive
- Irish Times
EV Q&A: Should I buy an out-of-warranty, used electric car?
Q: I have a query about buying a second-hand EV. There are a number of (relatively) cheap EVs available on the second-hand market. Some have very low mileage, but would be old enough to be outside the warranty offered by the manufacturer. So my questions are: How big a risk are these to buy? What checks can you do to mitigate any risks? Is it better to go with a low-mileage EV that might not have had much use or a higher mileage car that would have been running regularly? – MW, Co Carlow A: Buying any second-hand car comes with a certain amount of risk – you're not just buying the vehicle, after all, you're buying the previous owner's level of care and attention. With electric cars, that risk is largely focused on the battery. An electric vehicle's battery is its single most expensive component, and it's the one that puts most second-hand buyers off. Worries about the potential cost of battery replacements in the event of a total disaster have meant that used-car buyers have so far steered away from second-hand electric cars, leading to a significant drop in used values for those cars. READ MORE However, every cloud ... the silver lining here is, as you point out, you can buy a second-hand EV for pretty reasonable money, and with the tide ever so slightly turning when it comes to used EV purchases, now is probably when they'll be at their cheapest, so now is the time to strike. However, as you point out, some of those EVs will have now passed beyond the bounds of their original manufacturer's warranty. So, should this be a barrier to you buying one? Generally speaking, no, it shouldn't. We all buy used cars that have expired beyond their original warranties, and that doesn't seem to trouble most people. If the battery is a concern, then that probably shouldn't be a problem either as the good news is that almost every car maker offers an eight-year warranty, up to a limit of 160,000km, for the battery of their electric models, which is separate to the whole-car warranty, most of which are up after three years. That battery warranty will protect you against the battery falling below 70-80 per cent (different brands offer varying levels of cover) of its original energy storage capacity, and if that does happen then the battery will either be replaced or repaired at the car maker's expense (terms and conditions et cetera…). Given the eight-year cover, there will be hardly any used EVs on the market which are not covered by this. Equally, batteries are proving far more resilient than we ever expected them to be, and an average degradation rate of around 1.8 per cent has been observed, meaning that a five-year-old EV may have lost only around nine per cent of its original charging capacity. To put that in perspective, for a Volkswagen ID.3, that would equate to less than a 40km loss on an original 420km range. Speaking of warranties for batteries, there are even better ones available. BYD's battery warranty lasts for the same eight years as others, but runs to a 200,000km limit. Toyota's EV battery will remain covered for up to 10 years and one million kilometres if you get the car serviced annually at a Toyota main dealer. When buying a used EV, the crucial check to make is the battery's health. A reputable dealer will often proffer a completed battery health check when you're shopping for the car. Indeed, they should do, and if they don't then you should ask why. There are also independent battery health checks which can be carried out, although these can mean actually physically bringing the car for inspection, so that's probably best left for when you've decided on the car, but just want to be sure before you finally hand over your cash. Again, a reputable dealer should be prepared to accommodate such an inspection. Once you're happy that the battery is in good health, the rest of the car purchase kind of proceeds as normal. Check the car's overall condition, take it for a good test drive and listen for any nasty knocking, clonking or scraping noises, and then make sure that it comes with a full service history. As for mileage, it's not necessarily relevant. With any car, the advice is always to buy on condition and history, not mileage. With EVs, there can be a concern that any car with mega-miles has been charged up using rapid DC charging a lot, and that can potentially accelerate the wear and tear of the battery. However, the battery health check will answer that question, and it doesn't automatically follow that high mileage means lots of fast charging – there is a potential correlation, but it's not absolute. Again, your other checks of the battery and the car's service history should cover that issue. When it comes to warranties, remember that many car makers offer long initial warranties which, in almost all cases, transfer to the new owner. Hyundai , for example, offers a five-year, unlimited mileage warranty on all its cars, including electric models, and that's both separate and complementary to its eight-year battery cover. Kia offers a seven-year warranty, although that's capped at 150,000km. Peugeot offers a five-year warranty, while MG also offers a seven-year warranty. Equally, an 'aftermarket' warranty can be purchased, from the likes of MAPFRE, which allows you to pay to have your personal warranty cover. It's not necessarily cheap, but it can give you some peace of mind. Is such a cover worth having? Yes, it probably is. Electric cars are, of course, much mechanically simpler than a combustion-engine car, but they do come with lots of high-end sensors and electronics, which can be expensive to fix if they go wrong, so having some sort of warranty is probably a good idea.
United News of India
22-05-2025
- Business
- United News of India
PM Modi inaugurates projects worth Rs 26k crore in Bikaner
Bikaner (Rajasthan), May 22 (UNI) Prime Minister Narendra Modi on Thursday inaugurated 103 AMRUT railway stations in Bikaner, Rajasthan and laid the foundation stone of various projects worth Rs 26,000 crore. Earlier, the Prime Minister flagged off the Bikaner-Mumbai Express train at Deshnok railway station. Rajasthan Governor Haribhau Kishanrao Bagde, Chief Minister Bhajan Lal Sharma, Railways, Information and Broadcasting and Electronics Minister Ashwini Vaishnaw, Union Law Minister Arjun Ram Meghwal and other public representatives were present on the occasion. The 103 AMRUT railway stations redeveloped by the Prime Minister include eight railway stations in Rajasthan (Fatehpur Shekhawati, Deshnoke, Bundi, Mandalgarh, Gogamedi, Rajgarh, Govindgarh, Mandawar-Mahua Road). Indian Railways is moving towards 100% electrification of its network making railway operations more efficient and environment friendly. In the same vein, Modi laid the foundation stone of Churu-Sadulpur rail line (58 km) and dedicate to the nation electrification of Suratgarh-Phalodi (336 km), Phulera-Degana (109 km), Udaipur-Himmatnagar (210 km), Phalodi-Jaisalmer (157 km) and Samdari-Barmer (129 km). Foundation stone was also laid for construction of 3 vehicle underpasses on NH-58 at Pushkar and widening and strengthening of roads of NH-11, NH-70 (Jaisalmer to Myajlar) to boost the Prime Minister's road infrastructure. He also dedicated seven road projects worth Rs 4,850 crore in Rajasthan. Modi laid the foundation stone of various power projects including NEEPCO 300 MW Ground Mounted Solar Project (Bikaner), SJVN 100 MW Solar Power Project (NAWA), Solar Projects of Deedwana and Kuchaman. In addition, the foundation stone of the transmission system for power evacuation of Part B Powergrid Sirohi Transmission Limited and Part E Powergrid Mewar Transmission Limited was also laid. At the event, the Prime Minister also inaugurated three power projects, including Power Grid, Neemuch Transmission System Limited and transmission system for evacuation of power from Bikaner Complex. Along with this, the expansion of conversion capacity in Fatehgarh-II Power Station was also inaugurated, which will help in reducing carbon emissions. During the event, the Prime Minister will lay the foundation stone of Kalasar Solar Power Project (500 MW) and inaugurate Shimbhu Ka Bhurj Solar Power Project (300 MW). Modi laid the foundation stone for various projects for upgradation and maintenance of 12 state highways of 757 km length at a cost of over Rs 3,240 crore. These include Mangaliawas-Padukalan (State Highway-102), Beawar-Tehla-Alniyawas (State Highway-59 and State Highway-104), Dantiwada-Pipar-Merta City (State Highway-21). An additional 900 km of new highways will be added along the Gotan-Sathin highway in the expansion of the State Highways Development Programme. PM Modi also laid the foundation stone of various water infrastructure projects, including rural water supply and fluorosis mitigation project for Jhunjhunu district, restructuring of urban water supply schemes for seven towns of Pali district under AMRUT 2.0. UNI XC GNK BM
Time Business News
29-04-2025
- Business
- Time Business News
Elevate Your Brand with ROI-Focused Digital Marketing Solutions
In the current dynamic digital environment, it is now essential for companies of all sizes to have a strong online presence. This is particularly true for businesses in Dubai, one of the world's most vibrant and competitive cities. To draw in new clients and get a competitive advantage, it is imperative to become proficient in local SEO (Search Engine Optimization). This article will explore how Mighty Warners can help Dubai Businesses dominate Google rankings. Have you ever had the experience of having an impact in our small world through your online presence? Have you ever had a completely satisfying experience with a customer? Are you aware of your company's ability to capture people's attention? Yes, with the correct online presence, everything is possible. You can count on Mighty Warners to deliver. We handle everything from digital marketing services to website creation. We promise to increase your online conversion rates in a way that has never been seen before. Take advantage of the internet's benefits with Mighty Warners. Mighty Warners offers its services to customers with honesty and passion. By guaranteeing improved interactions, they help the company stand out. They create unique solutions that would benefit your business. Mighty Warners aim to revolutionise digital marketing in UAE. Our team provides businesses with solutions that help them grow. The solutions boost revenue, generate leads and create client loyalty. They are a group of innovators committed to staying ahead of the curve. They are not simply another digital marketing company. MW is always looking into new technologies so that they can provide the best solutions with the best outcomes. Mighty Warners stand out from the competition because they provide outstanding customer service. They listen to our clients' needs before providing them with solutions that are just for them. Mighty Warners is among the best digital marketing companies in Dubai. They help businesses manage every aspect of their digital needs. That includes lead generation, social media management, SEO, web design & development and CRM. Our process starts with a thorough competitive study. This helps us create campaigns to turn prospective buyers into brand ambassadors. We make sure your company stays cutting-edge by using the best digital strategies. This includes social media, content marketing, Google Ads and search engine optimisation. We develop customised ad campaigns to increase traffic and conversions. This helps your company to appear at the top of search engine results. Our social media management engages with the target audience through various channels. They track consumer interactions and build brand awareness. With PPC, we provide a way to reach the right individuals with the right message at the right time. This results in the best potential return on investment for the campaigns we oversee. Our SEO techniques raise your website's position in search results. This brings in more natural visitors and increases the online presence. We check and enhance the user experience on your website. This increases conversion rates and converts visitors into devoted clients. Our customised email campaigns engage your audience through efficient communication. This increases traffic and cultivates brand loyalty. We develop engaging content strategies. This connects with your target audience, increasing brand credibility and fostering deep connections. We safeguard and improve your brand's reputation. We do this through ORM services, guaranteeing a favorable internet presence and legitimacy. They help businesses get more downloads. They improve their app's semantic rankings and optimise its visibility on app stores. Our PR services magnify your brand's voice by strengthening relationships with your audience. It also promotes a positive public image. A cautious approach to translating your information into different languages. This guarantees that worldwide audiences will receive it better. Reputation management is essential for organisations in today's digital environment. This is because it affects consumer trust and decision-making. 90% of buyers research products before making a buy. By tracking audience sentiment and implementing strategic solutions, we provide reputation management solutions. This protects and improves brand credibility. Google Ads helps companies manage advertisements on websites, mobile apps, and search engines. It provides a range of ad forms, such as shopping, video, display, and search ads. Mighty Warners Dubai offers tailored tactics to help companies maximise their advertising expenditure. We also help in accomplishing their goals. Mighty Warners Dubai specialises in creating strong brand identities. These brands stand out in the crowded market. They ensure that businesses survive all stages of growth. They blend strategy and creativity to create unforgettable experiences. Their customised solutions capture the vision and propel success. This encompasses marketing, design, and brand building. Mighty Warners, an e-commerce website development firm. They specialise in developing user-friendly designs for profitable online shopping experiences. They also provide inventory management, safe payment gateways, and business-specific solutions. E-commerce allows for expanding product lines, increasing sales, and enabling home shopping. Their content management, coding, and creative design guarantee an online store that will enhance the brand. A leading web design company in Dubai, Mighty Warners focuses on creating unique, user-friendly websites. Mighty Warners provides planning, design, programming, content creation, testing, and deployment services. They serve local companies, government organisations, and global corporations. They aim to create websites that appeal to their target market and raise brand awareness. We promise unique websites as they have sophisticated functionality and well-designed layouts. Mighty Warners, one of Dubai's leading mobile application development companies. They specialise in designing and creating device-compatible apps. Their team collaborates with customers. This helps them develop useful, approachable apps that support organisational goals. From conception to launch, they provide a thorough approach. This incorporates the newest technologies to deliver specialised solutions, encouraging client interaction. They are a reputable app development company using creative mobile tactics. This helps businesses reach their full potential. Mighty Warners, a top UI/UX design firm in Dubai, is focused on creating distinctive and valuable digital solutions. They prioritise user-centric innovations. They also research to guarantee a smooth digital presence across all touchpoints. Their mobile, tablet, and desktop responsive web design provides an outstanding user experience. To ensure success or failure, they work to create captivating and goal-aligned digital platforms. Mighty Warners' graphics team in Dubai creates all kinds of designs from brand logos to packaging designs. To develop adaptable solutions, their creative consultants blend organisational expertise with youthful vitality. In the digital era, graphics are important for communication, promotion and brand identity. They help create user interfaces and visual experiences. They also offer expert brochure design services to ensure your brand is remembered. Mighty Warners help businesses in Dubai dominate the digital scene. They help them raise their search engine ranks and build a strong online presence. Also, help them reach their target market. They do this by localised content creation, local keyword targeting, and GMB optimisation. TIME BUSINESS NEWS
CNN
09-04-2025
- Business
- CNN
CNN Shorts
EU products being hit by US tariffs 01:30 - Source: CNN CNN MW tariffs shorts 7 videos EU products being hit by US tariffs 01:30 - Source: CNN Economist says there's a math error in the formula used to calculate Trump's tariffs 01:39 - Source: CNN Leavitt on Navarro-Musk: 'boys will be boys' 00:52 - Source: CNN Acting South Korea president on tariffs 01:57 - Source: CNN Hearing with Trump trade official gets heated 01:15 - Source: CNN Here's how much sneakers could cost under Trump's manufacturing plan 00:26 - Source: CNN How American consumers will be 'hammered' by tariffs: Tom Foreman explains 01:29 - Source: CNN You're up to date. Navigate back to CNN
Yahoo
08-04-2025
- Business
- Yahoo
‘A 50% correction is probable.' Why this veteran stock trader is 100% in cash.
One truth of stock investing is that it's better to be early than broke. Veteran stock trader Steve Burns learned this lesson the hard way. Burns is a popular figure on social media, where he addresses experienced and novice traders alike to help them steer clear of the stock market's cliffs. I'm administrator of my sister's estate. Her bank won't tell me the names of her beneficiaries. Is that legal? This strategist told investors to raise cash — in November. Now he sees a path to Dow 50,000 and $200 oil 5 things that make this stock-market selloff truly unusual 'Frankly, I'm terrified': I'm 63 and nearing retirement. How should I invest my $80,000 inheritance? Apple's stock is the latest to see a 'death cross,' and it won't be the last In a MarketWatch interview last December, Burns declared that U.S. stocks were in the 'greatest bubble in the history of civilization.' He predicted that the U.S. market would soon suffer a correction — and he's been spot-on so far. With the Trump administration's trade tariffs tanking stock markets in the U.S. and worldwide, Burns said he's moved his portfolio completely to cash, at least for the time being. In this interview, which was conducted last week as the global market selloff accelerated, Burns said he's been surprised by the speed and ferociousness of the market's slide, and speculates about how Trump's tariffs could impact stocks this year. (This interview has been edited for length and clarity.) MarketWatch: Four months ago, you were bearish about the U.S. stock market. With the market selling off, do you think we're close to a bottom? Burns: In the short-term, I am very bearish. This is a historical crash and a 50% correction is probable over the next nine months to a year. But I'm long-term bullish. At some point, this is going to work out, but right now the market is trying to reprice every company on an individual basis based on their risk exposure to tariffs. Oil is signaling a huge recession even though OPEC (Organization of the Petroleum Exporting Countries) reduced its crude oil production. MW: How has this tariff-induced selloff affected your portfolio? Burns: On April 3, I moved to cash. I dipped into small-caps that morning but got stopped out. I went to cash because this looks like a macro tariff-tantrum crash that has very little to do with technical analysis. Everything looked great from a technical standpoint before the tariffs, but now the technicals are broken. Everything relies on how quickly the Trump administration can come to trade agreements, especially with China. If not, there could be a depression, especially in other countries. MW: Besides tariffs, what else is a catalyst for this selloff? You said technical indicators had been strong. Burns: The AI bubble popped with DeepSeek (a Chinese AI app founded in 2023 that competes with ChatGPT). I don't know if we'll get back to the highs in the AI-sector stocks, but I think that Nvidia NVDA is still a good long-term play because they are the supplier of the chips. Alphabet GOOG, Meta Platforms META, AMZN, and Apple AAPL all got popped when people realized the pricing was not equivalent to the value of their business models. Read: A weaker dollar and lower rates are part of Trump's plan. Don't say you weren't warned. MW: Let's talk about the U.S. economy. There's concern that the U.S. will experience a bout of stagflation — slower growth and higher inflation. The housing market is frozen as buyers balk at high mortgage rates. Trump has been trying to get the U.S. Federal Reserve to bring down interest rates. What will it take to lower prices? Burns: To lower inflation and bring mortgage yields down, the stock market would have to crash. It looks like the Trump administration is trying to cause a bear market in equities so they can get more people to buy bonds and drive mortgage yields down. It seems like their top goal is getting inflation down and they will do whatever it takes to do that. MW: The stock market is clearly showing it disapproves. Burns: They don't care. It's almost like they want to cause the stock market to go down and cause bond yields to go up, which will force the U.S. Federal Reserve to cut interest rates because the economy is so bad. I'm speculating, but I think Trump would rather have the stock market crash now so he can go into the 2026 midterm elections with the stock market at all-time highs. MW: What will it take for the Trump administration to succeed? Burns: That pathway will be very hard with the political pressures, especially if the U.S. goes into a deeper recession and doesn't come out by the midterms. Trump could buckle if the economy is in a shambles by the midterms. He has a year and nine months to rebuild a long-term supply chain. MW: What would cause you to move out of your cash position? Burns: I'm looking for an established base built on a bottom. The first indicator I look for is a price above the 200-day moving average. What could stop the selloff is if the U.S. can get a deal with China. We could have a monstrous rally — but China looks like it's doubling down. MW: What would you consider buying once the market recovers? Burns: I'd consider Alphabet and Block XYZ. Many people aren't buying Alphabet's YouTube is overtaking Disney DIS and Hulu combined. YouTube is the No. 1-watched media site now. Alphabet's stock, however, has been driven down by the government's push to break it up. Block, which used to be Square, is a great financial play in fintech (financial technology). It's a future national cash register — a new way of connecting monetary payments. MW: What should traders and investors do to reduce risk? Burns: It's not a great time to take huge positions. It's a good time to test the waters to see how the tariffs will play out over the next few weeks. That means having smaller position sizes. It's very dangerous to short after the market has already dropped into a correction. MW: What would you tell buy-and-hold investors right now? Burns: Buy-and-hold now is similar to buying and holding in 2000 or 2007, which I lived through. That got me away from buy-and-hold. If you're in your 20s and have a 20-year time horizon, buy-and-hold makes sense. But not if you're older. I can't imagine putting all my capital into buying and holding right now with the current valuations. The odds are good that there will be a 50% correction once every 15 years. Also read: Bill Ackman warns of 'economic nuclear winter,' urges 90-day timeout on tariffs More: Amid the market carnage, I'm selling all my belongings. How should I do this? Wall Street's 'fear gauge' soars to a rare 'crisis' level. What that means for stocks. Here's the unsettling reason the world's most important market is getting hammered by Trump's tariffs 'She has been telling him lies': My sister convinced my father to sign everything over to her. What can I do? Even 'safe haven' trades like Treasurys are falling on Trump's tariffs. What does that tell investors? 'I'm stuck': I'm a single mom with a 6-year-old child. What can I do to earn money fast? Sign in to access your portfolio
