Latest news with #Rodrigues
Mint
19 hours ago
- Business
- Mint
Brazil Engine Maker Says Tariffs Are Hitting Long-Term Projects
(Bloomberg) -- Brazil's WEG SA, a provider of industrial machinery for global oil and power companies, said its clients are delaying long-term investments due to rising geopolitical tensions and new tariffs. Chief Financial Officer Andre Luis Rodrigues said the company is preparing actions to mitigate potential US tariffs of 50% on Brazil that are scheduled to take effect on Aug. 1. 'WEG has a strong global footprint and may reallocate its export routes,' Rodrigues said on the company's earnings call. For example, India could be used to serve the US market while Brazil supplies other countries, he said. Adjustments to production could take months, he added. WEG isn't expecting to raise prices because that could create openings for competitors, he said, adding that the company currently has good margins. The company, based in Jaragua do Sul, Brazil, has already partially passed on to clients the initial 10% tariffs imposed by the US, and it hasn't experienced any material impact on its financial results. WEG reported second-quarter net income and Ebitda, a measure of profitability that excludes items such as taxes and depreciation, that missed analysts' estimates. The shares fell as much as 3.2% in Sao Paulo trading on Thursday, extending the stock's decline following Wednesday's 8% drop that was sparked by the lower-than-expected results. The shares have declined about 30% so far this year, compared with an 11% gain for the benchmark Brazilian stock index. Related: Billionaire-Minting Engine Maker Gears Up to Fight Trump Tariffs --With assistance from Barbara Nascimento. More stories like this are available on
Miami Herald
4 days ago
- Business
- Miami Herald
The Panthers are nearly $4 million over the salary cap. How they can remedy that
The Florida Panthers, rightfully so, are enjoying their summer right now. The back-to-back Stanley Cup champions handled most of their business already. President of hockey operations and general manager Bill Zito managed to re-sign the trio of defenseman Aaron Ekblad plus forwards Sam Bennett and Brad Marchand. Forwards Tomas Nosek and Mackie Samoskevich got new deals, too. Plus the Panthers got their backup goaltender (Daniil Tarasov) and depth defenseman (Jeff Petry) to round out the roster. So until training camp begins in September, the team is going to revel in its success just as it did last summer. But before the 2025-26 season begins on Oct. 7 and the Panthers attempt for a rare three-peat, some business will need to be tended to. Specifically, the Panthers will have to address their salary cap situation. According to PuckPedia, the Panthers' are currently carrying a $99.225 million cap hit for next season when factoring in their top 23 contracts — 14 forwards, seven defensemen and two goalies. That's $3.725 million over the league's salary cap of $95.5 million for the season. Florida is one of three teams that is currently over the cap, along with the Vegas Golden Knights ($7.64 million over) and the Montreal Canadiens ($4.52 million over). At the moment, Florida is able to be over the cap. The league allows teams to be up to 10% above the cap — this offseason, that's $9.55 million — during the offseason, but teams have to be cap compliant by the start of the regular season. How will the Panthers handle the cap crunch? Only two options seem truly feasible at this point. Option 1: Matthew Tkachuk opens the season on long-term injured reserve, during which time his $9.5 million cap hit would not count toward the Panthers' salary cap. The star winger played through the entire Stanley Cup playoffs with a tadductor muscle that had torn all the way off the bone in addition to a sports hernia, both of which were sustained during the 4 Nations Face-Off in February. Tkachuk, who got married to his fiancee Ellie over the weekend, said shortly after the Cup Final that there's a 50-50 chance he would need surgery this offseason. He has not yet had the surgery. Should that happen, it's likely Tkachuk would not be ready to start the season and they could use LTIR to provide temporary salary cap relief. Players on LTIR must miss a minimum of 10 games or 24 days of the season, whichever is longer. Option 2: The Panthers can trade players under contract for prospects or draft picks to offload salary. Looking at the roster, the only players making significant enough money that don't have a no-movement clause in his contract that would be logical trade candidates are forwards Evan Rodrigues and one of either Jesper Boqvist or Dmitry Kulikov. Rodrigues has a cap hit of $3 million each of the next two seasons, Boqvist $1.5 million each of the next two seasons, and Kulikov $1.15 million each of the next three seasons. Rodrigues has played a key role for Florida the past two seasons but doesn't necessarily have a defined role. He is the player coach Paul Maurice has moved up and down the lineup to fill whatever gap is needed, a Swiss Army Knife of sorts. Boqvist is in a similar spot. He primarily played in the bottom six during the season but showed he can rise to the occasion in the playoffs when needed, filling in on the top line twice when Rodrigues and Sam Reinhart each missed time with injury. Kulikov has been a standout on Florida's third defense pairing. The other players on the roster without no movement clauses, in descending order of cap hit for next season, are center Anton Lundell ($5 million), forward Eetu Luostarinen ($3 million), defenseman Niko Mikkola ($2.5 million), forward A.J. Greer ($850,000), defenseman Uvis Balinskis ($850,000), forward Jonah Gadjovich ($775,000), Petry ($775,000), Nosek ($775,000) and Samoskevich ($775,000). Lundell, Luostarinen and Mikkola are seen as part of Florida's core, and the six making less than $1 million apiece wouldn't offset the cap enough to justify moving them. The possibility of trading Rodrigues and Boqvist — or making any other deals of that sort — likely won't become serious conversations until the Panthers have clarity on Tkachuk's status. If Tkachuk starts on LTIR, then Florida can carry both Rodrigues and Boqvist and have $5.775 million to work with until Tkachuk returns. However, should both Rodrigues and Boqvist be dealt, that would put Florida exactly $775,000 under the cap — just enough money to add a player making the league minimum to the roster and be cap compliant.
Time of India
17-07-2025
- Sport
- Time of India
Ind W vs Eng W: Deepti Sharma powers India to four-wicket victory over England
Southampton, Deepti Sharma showed enormous composure with an unbeaten half century that powered India to a comfortable four-wicket victory in the opening women's ODI against England here. The dress rehearsals for India's 50-over World Cup started in earnest as a target of 259 was chased with 10 balls to spare, courtesy Deepti's unbeaten 62 off 64 balls with three boundaries and a six. Explore courses from Top Institutes in Select a Course Category Finance Degree others healthcare Design Thinking Data Analytics MCA PGDM Product Management Digital Marketing Public Policy Healthcare Management MBA Data Science Cybersecurity Data Science Leadership Artificial Intelligence Project Management Others CXO Technology Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Fintech & Blockchain India Starts on undefined Get Details Skills you'll gain: Duration: 9 Months IIM Calcutta SEPO - IIMC CFO India Starts on undefined Get Details Her 90-run fifth wicket stand in 14.2 overs with Jemimah Rodrigues (48 off 54 balls) proved to be the match-winning one. All-rounder Amanjot Kaur (20 off 14 balls) provided the finishing touches with some meaty blows as the target was achieved with minimum fuss despite India being reduced to 124 for 4 after the fall of skipper Harmanpreet Kaur 's (17) wicket. Deepti and Rodrigues took over and farmed the strike well as they kept the scoreboard ticking and also hit the occasional boundaries whenever loose deliveries were provided. Live Events Deepti, whose slog over batting has always come in for a lot of flak, was brilliant in planning the chase. The shot of the match certainly was her one-handed six off Lauren Bell over deep mid-wicket. She effortlessly picked a length ball from outside the off-stump and dispatched it over deep mid-wicket with her bottom hand coming off the handle. Indian captain Harmanpreet was very happy with Deepti's performance and also praised Rodrigues, who missed out on a half-century by two runs. "Happy with the way we bowled. Really happy with how we batted, especially Deepti. Her innings was key. We thought we gave away extra 20-30 runs, it was a good wicket to bat on. Fielding is something we are working on, we missed two chances today. We will try to do better. Jemi is calm on the field and credit goes to Deepti for the way she batted." Earlier, young seamer Kranti Goud impressed with two wickets upfront before Sophia Dunkley 's unbeaten 92-ball 83 lifted England to a respectable 258 for six here on Wednesday. Besides Goud (2/55 in 9 overs), off-spinner Sneh Rana (2/31 in 10 overs) too picked up two wickets during a fine display after England opted to bat. Alice Davidson Richards contributed 53 in 73 balls during a 106-run partnership for the fifth wicket with Dunkley, which formed the nucleus of the England innings after they lost four wickets for 97 runs. Dunkley struck nine fours during her stay in the middle.
The Hindu
17-07-2025
- Sport
- The Hindu
INDW vs ENGW 1st ODI: Deepti powers India to four-wicket victory over England
Deepti Sharma showed enormous composure with an unbeaten half-century that powered India to a comfortable four-wicket victory in the opening women's ODI against England. The dress rehearsals for India's 50-over World Cup started in earnest as a target of 259 was chased with 10 balls to spare, courtesy Deepti's unbeaten 62 off 64 balls with three boundaries and a six. Her 90-run fifth wicket stand in 14.2 overs with Jemimah Rodrigues (48 off 54 balls) proved to be the match-winning one. All-rounder Amanjot Kaur (20 off 14 balls) provided the finishing touches with some meaty blows as the target was achieved with minimum fuss despite India being reduced to 124 for 4 after the fall of skipper Harmanpreet Kaur's (17) wicket. Deepti and Rodrigues took over and farmed the strike well as they kept the scoreboard ticking and also hit the occasional boundaries whenever loose deliveries were provided. Deepti, whose slog over batting has always come in for a lot of flak, was brilliant in planning the chase. The shot of the match certainly was her one-handed six off Lauren Bell over deep mid-wicket. She effortlessly picked a length ball from outside the off-stump and dispatched it over deep mid-wicket with her bottom hand coming off the handle. Indian captain Harmanpreet was very happy with Deepti's performance and also praised Rodrigues, who missed out on a half-century by two runs. "Happy with the way we bowled. Really happy with how we batted, especially Deepti. Her innings was key. We thought we gave away extra 20-30 runs, it was a good wicket to bat on. Fielding is something we are working on, we missed two chances today. We will try to do better. Jemi is calm on the field and credit goes to Deepti for the way she batted." Earlier, young seamer Kranti Goud impressed with two wickets upfront before Sophia Dunkley's unbeaten 92-ball 83 lifted England to a respectable 258 for six here on Wednesday. Besides Goud (2/55 in 9 overs), off-spinner Sneh Rana (2/31 in 10 overs) too picked up two wickets during a fine display after England opted to bat. Alice Davidson Richards contributed 53 in 73 balls during a 106-run partnership for the fifth wicket with Dunkley, which formed the nucleus of the England innings after they lost four wickets for 97 runs. Dunkley struck nine fours during her stay in the middle.
Mint
17-07-2025
- Sport
- Mint
1st WODI: Deepti powers India to four-wicket victory over England
Southampton, Jul 17 (PTI) Deepti Sharma showed enormous composure with an unbeaten half century that powered India to a comfortable four-wicket victory in the opening women's ODI against England here. The dress rehearsals for India's 50-over World Cup started in earnest as a target of 259 was chased with 10 balls to spare, courtesy Deepti's unbeaten 62 off 64 balls with three boundaries and a six. Her 90-run fifth wicket stand in 14.2 overs with Jemimah Rodrigues (48 off 54 balls) proved to be the match-winning one. All-rounder Amanjot Kaur (20 off 14 balls) provided the finishing touches with some meaty blows as the target was achieved with minimum fuss despite India being reduced to 124 for 4 after the fall of skipper Harmanpreet Kaur's (17) wicket. Deepti and Rodrigues took over and farmed the strike well as they kept the scoreboard ticking and also hit the occasional boundaries whenever loose deliveries were provided. Deepti, whose slog over batting has always come in for a lot of flak, was brilliant in planning the chase. The shot of the match certainly was her one-handed six off Lauren Bell over deep mid-wicket. She effortlessly picked a length ball from outside the off-stump and dispatched it over deep mid-wicket with her bottom hand coming off the handle. Indian captain Harmanpreet was very happy with Deepti's performance and also praised Rodrigues, who missed out on a half-century by two runs. "Happy with the way we bowled. Really happy with how we batted, especially Deepti. Her innings was key. We thought we gave away extra 20-30 runs, it was a good wicket to bat on. Fielding is something we are working on, we missed two chances today. We will try to do better. Jemi is calm on the field and credit goes to Deepti for the way she batted." Earlier, young seamer Kranti Goud impressed with two wickets upfront before Sophia Dunkley's unbeaten 92-ball 83 lifted England to a respectable 258 for six here on Wednesday. Besides Goud (2/55 in 9 overs), off-spinner Sneh Rana (2/31 in 10 overs) too picked up two wickets during a fine display after England opted to bat. Alice Davidson Richards contributed 53 in 73 balls during a 106-run partnership for the fifth wicket with Dunkley, which formed the nucleus of the England innings after they lost four wickets for 97 runs. Dunkley struck nine fours during her stay in the middle.
