More than 115 cases of eye damage reported in Ontario after solar eclipse
More than 115 people who viewed the solar eclipse in Ontario earlier this month experienced eye damage after the event, according to eye doctors in the province.
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.
More than 115 people who viewed the solar eclipse in Ontario earlier this month experienced eye damage after the event, according to eye doctors in the province.
George Mallory is renowned for being one of the first British mountaineers to attempt to scale the dizzying heights of Mount Everest during the 1920s. Nearly a century later, newly digitized letters shed light on Mallory’s hopes and fears about ascending Everest.
A Sherwood Park family says their new house is uninhabitable. The McNaughton's say they were forced to leave the house after living there for only a week because contaminants inside made it difficult to breathe.
A man has been handed a lengthy hunting ban and fined thousands of dollars for illegally killing a grizzly bear, B.C. conservation officers say.
Sophie Gregoire Trudeau says there is 'still so much love' between her and Prime Minister Justin Trudeau, as they navigate their post-separation relationship co-parenting their three children.
An emergency slide fell off a Delta Air Lines jetliner shortly after takeoff Friday from New York, and pilots who felt a vibration in the plane circled back to land safely at JFK Airport.
The B.C. NDP has asked the federal government to recriminalize public drug use, marking a major shift in the province's approach to addressing the deadly overdose crisis.
An Ontario man who took out a loan to pay for auto repairs said his car was repossessed after he missed two payments.
A girl and a boy, both 14 years old, made their first appearance today in a Halifax courtroom, where they each face a second-degree murder charge in the stabbing death of a 16-year-old high school student.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
A property tax bill is perplexing a small townhouse community in Fergus, Ont.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.