Air quality advisories issued in 5 provinces, 1 territory
Air quality advisories are in effect across Western Canada as smoky conditions plague some areas, according to the latest forecasts. Here's where.
Luxury sports car maker Ferrari has surged back to second-quarter growth, posting a 206-million-euro (US$245 million) profit on Monday after seeing its earnings drop precipitously in the same period a year ago due to the pandemic shutdown.
Based in the northern Italian city of Maranello, Ferrari said net profit for the three months ending June 30 compared with 9 million euros last year, when the company was forced to shut production for seven weeks. It was also an improvement over the 184-million-euro profit posted in the same period of 2019, before the pandemic.
Interim CEO John Elkann said June marked a record in orders at the luxury carmaker, noting that general trends show the age of new Ferrari buyers is going down while the number of women placing orders doubled.
"This speaks to the unique and enduring power of Ferrari," Elkann told an analyst conference call.
Shipments nearly doubled in the quarter to 2,685, along with net revenues, which surged to 1.03 billion euros from 571 billion euros a year earlier. That was also an improvement of 5% over the same period in pre-pandemic 2019.
Ferrari posted first-half profits of 412 million euros, up from 175 million euros in the same period last year.
On the strength of the earnings, Ferrari raised its forecast to 450 million euros in cash by the end of the year, up from 350 million euros.
Ferrari has announced a new CEO, Benedetto Vigna, an Italian executive, at Europe's largest semiconductor chipmaker, who will start his tenure Sept. 1. The company announced a capital markets day to outline strategy under the new CEO for June 16, 2022.
Elkann said that electrification of powertrains will be Ferrari's focus for the next decade, noting that electrification addresses tightening standards on emissions in the industry, "but does not solve the carbon footprint."
The challenge for the decade from 2030-2040, he said, will be focused on carbon neutrality, which "will mean changes in the energy supply and could lead to alternatives," such as synthetic e-fuels or hydrogen.
Air quality advisories are in effect across Western Canada as smoky conditions plague some areas, according to the latest forecasts. Here's where.
Many foods fall under the category of ultraprocessed foods, depending on their exact ingredients. This type of food has been studied a lot lately, and the results aren’t great.
Hollywood actor Steve Buscemi has been treated for injuries after being punched in the face while walking in New York City.
Four years on, the controversy over whether airlines owed refunds to passengers after cancelling hundreds of thousands of flights during the pandemic continues to simmer, aggravated by a sluggish, opaque complaints process.
For her latest column on CTVNews.ca, royal commentator Afua Hagan writes about Prince Harry and Meghan Markle's recent visit to Nigeria, calling it a 'deeply meaningful campaign' that was about aligning their ongoing efforts to foster mental-health awareness and promoting the Invictus Games.
As a pair of wildfires burn near Flin Flon and The Pas, a number of Manitobans are being told to evacuate their homes.
Ontario will need 33,200 more nurses and 50,853 more personal support workers by 2032, the government projects — figures it tried to keep secret but were obtained by The Canadian Press.
A tiny contingent of Duke University graduates opposed pro-Israel comedian Jerry Seinfeld speaking at their commencement in North Carolina Sunday, with about 30 of the 7,000 students leaving their seats and chanting "free Palestine" amid a mix of boos and cheers.
Whether you were lucky to nab tickets to one of Taylor Swift's six sold-out Toronto concerts in November or not, a new 'fan experience' hopes to get you into the party spirit.
Two daughters and a mother were reunited online 40 years later thanks to a DNA kit and a Zoom connection despite living on three separate continents and speaking different languages.
Mother's Day can be a difficult occasion for those who have lost or are estranged from their mom.
YES Theatre Young Company opened its acclaimed kids’ show, One Small Step, at Sudbury Theatre Centre on Saturday.
An Ottawa pizzeria is being recognized as one of the top 20 deep-dish pizzas in the world.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
The threat of zebra mussels has prompted the federal government to temporarily ban watercraft from a Manitoba lake popular with tourists.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'