Gutierrez’s exceptional success in motorsport is rooted in her deep connection to her mother’s guidance, which she gratefully acknowledges as the foundation of her journey.

Vantage Markets, a prominent multi-asset broker, is joining in the celebration of Mother’s Day alongside NEOM McLaren Extreme E Driver, Cristina Gutierrez, emphasizing the significance of family support and values in her successful career. In an exclusive interview with Vantage, Gutierrez attributes her championship journey to the values instilled by her mother, highlighting perseverance, loyalty, and the importance of family as guiding principles. She reminisces about her first Dakar Rally experience in 2017, where her mother’s presence made the achievement particularly memorable for the entire family. Despite her remarkable achievements in motorsport, Gutierrez remains deeply connected to her mother’s guidance and wisdom, acknowledging her roots and expressing gratitude for the experiences life has offered her.

Vantage extends warm wishes to all mothers and their families on Mother’s Day, with Marc Despallieres, Chief Strategy and Trading Officer, emphasizing Gutierrez’s journey as a testament to maternal support and guidance. Vantage’s celebration follows their recent International Women’s Day campaign with Gutierrez, amplifying messages of empowerment and inclusion.

Vantage Markets, also known as Vantage, offers clients access to a diverse range of trading products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds. With over 13 years of market experience, Vantage provides a trusted trading ecosystem and user-friendly platforms, empowering clients to seize trading opportunities.

As Vantage continues to champion diversity and inclusion, they proudly support Gutierrez and mothers worldwide, recognizing the invaluable role of family support in personal and professional success. This heartfelt celebration underscores the enduring bond between mothers and their children, highlighting the influence of family values in shaping individuals’ lives and careers.

On this special occasion of Mother’s Day, Vantage Markets, in collaboration with NEOM McLaren Extreme E Driver Cristina Gutierrez, takes a moment to honor the profound impact of maternal support and guidance. Gutierrez’s journey to championship glory serves as a poignant reminder of the role mothers play in shaping their children’s destinies. As Gutierrez reflects on her achievements, she attributes much of her success to the core values instilled by her mother: perseverance, loyalty, and the importance of family. These principles have not only propelled her forward on the racetrack but have also guided her through life’s challenges.

One particularly memorable moment Gutierrez shares is her first Dakar Rally experience in 2017, where her mother’s presence made the triumph all the more meaningful. The shared joy of accomplishment underscored the tight-knit bond that exists within their family, leaving an indelible mark on Gutierrez’s heart. Despite her ascent to motorsport stardom, Gutierrez remains grounded in her roots, cherishing the wisdom and guidance passed down by her mother. She expresses gratitude for the lessons learned and the unwavering support that continues to fuel her journey.

Vantage Markets extends heartfelt wishes to all mothers and their families, recognizing the immeasurable contributions they make every day. Chief Strategy and Trading Officer Marc Despallieres emphasizes Gutierrez’s story as a testament to maternal love and encouragement, echoing sentiments of empowerment and inclusion.

With the gradual decline of the COVID-19 pandemic, Japan is observing a significant change in work dynamics, as more people adopt a “hybrid work” approach, blending remote and in-office work. Insights from the fiscal 2023 government survey, administered by the transport ministry in October and November, illuminate the shifting teleworking landscape in the nation.

According to the survey results, the proportion of teleworkers in Japan has declined, with 16.1 percent of the 36,228 respondents reporting working from home or elsewhere outside the office in the last year. This represents a decrease of 2.7 percentage points from the previous survey. The decline marks a departure from the peak teleworking period during the height of the pandemic, reflecting a gradual return to pre-pandemic work arrangements.

Teleworking emerged as a prominent strategy during the pandemic, as the government sought to reduce the flow of people and curb the spread of infections. However, the survey highlights a discernible shift in this trend as the pandemic situation evolves. The ratio of teleworkers stood at 21.4 percent in the fiscal 2021 survey, declining to 18.8 percent the following year, and further dropping to 16.1 percent in fiscal 2023.

Despite the decrease in teleworking overall, the survey indicates that the average frequency of teleworking remains relatively stable, with individuals teleworking an average of 2.3 days per week, unchanged from the previous year. However, there has been a noticeable change in the distribution of teleworking frequency. Following the government’s decision to downgrade the legal status of COVID-19 in May last year, aligning it more closely with seasonal influenza, there has been a notable increase in the number of individuals working remotely for one or two days a week. Conversely, the proportion of those working remotely for five to seven days a week has decreased.

A ministry official attributed this shift to a growing trend of combining office-based work with telework, reflecting a broader adaptation to changing work dynamics in the post-pandemic era. This hybrid work model allows individuals to enjoy the benefits of both remote work, such as flexibility and reduced commuting time, and in-office collaboration and social interaction.

The survey also highlights regional variations in teleworking rates, with bigger cities exhibiting higher rates of remote work. For instance, the greater Tokyo area, including Tokyo and its surrounding prefectures, recorded a teleworking rate of 28 percent, indicating a strong prevalence of remote work practices in Japan’s bustling capital. In comparison, regions such as the Kinki region (covering Osaka and Kyoto) and the Chukyo region (centered on Nagoya) reported lower teleworking rates.

Overall, the findings of the fiscal 2023 government survey underscore the evolving nature of work arrangements in Japan, characterized by a shift towards hybrid work models that blend remote work with traditional office-based work. As organizations and individuals continue to adapt to the post-pandemic reality, flexible work arrangements are likely to remain a key feature of Japan’s work culture, promoting efficiency, resilience, and work-life balance in the years to come.

A potent solar storm treated observers to a stunning celestial display worldwide overnight, resulting in seemingly minor disruptions to the electrical grid, communication networks, and satellite positioning systems. The US National Oceanic and Atmospheric Administration (NOAA) said extreme geomagnetic storm conditions continued Saturday, and there were preliminary reports of power grid irregularities, degradation of high-frequency communications and global positioning systems. But the Federal Emergency Management Agency said that, so far, no FEMA region had reported any significant impact from the storms.

The US Department of Energy said Saturday it is not aware of any impact from the storms on electric customers. NOAA predicted that strong flares will continue through at least Sunday, and a spokeswoman said via email that the agency’s Space Weather Prediction Center had prepared well for the storm. Brilliant purple, green, yellow and pink hues of the Northern Lights were reported worldwide, with sightings in Germany, Switzerland, China, England, Spain and elsewhere.

NOAA issued a rare severe geomagnetic storm warning when a solar outburst reached Earth on Friday afternoon, hours sooner than anticipated. The agency alerted operators of power plants and orbiting spacecraft, as well as FEMA, to take precautions. “For most people here on planet Earth, they won’t have to do anything,” said Rob Steenburgh, a scientist with NOAA’s Space Weather Prediction Center, as quoted by AP. “That’s really the gift from space weather: the aurora,” Steenburgh said.

He and his colleagues said the best views may come from phone cameras, which are better at capturing light than the naked eye. The most intense solar storm in recorded history, in 1859, prompted auroras in Central America and possibly even Hawaii. This storm poses a risk for high-voltage transmission lines for power grids, not the electrical lines ordinarily found in people’s homes, NOAA space weather forecaster Shawn Dahl told reporters. Satellites also could be affected, which in turn could disrupt navigation and communication services here on Earth.

An extreme geomanetic storm in 2003, for example, took out power in Sweden and damaged power transformers in South Africa. Following the storm’s passing, NOAA warns that signals between GPS satellites and ground receivers may experience interference or interruption. However, due to the abundance of navigation satellites, any disruptions are expected to be brief, as highlighted by Steenburgh.

An official report revealed that in March 2024, a total of 449 infrastructure projects, each requiring an investment of Rs 150 crore or more, experienced a cost overrun exceeding Rs 5.01 trillion. The Ministry of Statistics and Programme Implementation (MoSPI), responsible for monitoring infrastructure projects valued at Rs 150 crore and higher, indicated that out of 1,873 projects surveyed, 449 encountered cost overruns while 779 projects faced delays.

“The total original cost of implementation of the 1,873 projects was Rs 26,87,535.69 crore and their anticipated completion cost is likely to be Rs 31,88,859.02 crore, which reflects an overall cost overrun of Rs 5,01,323.33 crore (18.65 per cent of the original cost),” the ministry’s latest report for March 2024 said.

According to the report, the expenditure incurred on these projects till March 2024 is Rs 17,11,648.99 crore, which is 53.68 per cent of the anticipated cost of the projects. However, the number of delayed projects decreased to 567 if the delay is calculated based on the latest schedule of completion, it added.

Further, it said that for 393 projects, neither the year of commissioning nor the tentative gestation period has been reported. Out of the 779 delayed projects, 202 have overall delays in the range of 1-12 months, 181 have been delayed for 13-24 months, 277 projects for 25-60 months, and 119 projects have been delayed for more than 60 months. The average time overrun in these 779 delayed projects is 36.04 months.

Reasons for time overrun, as reported by various project implementing agencies, include delay in land acquisition, obtaining forest and environment clearances, and lack of infrastructure support and linkages. Delays in tie-up for project financing, finalization of detailed engineering, change in scope, tendering, ordering, and equipment supply, and law and order problems are among other reasons.

The report also cited state-wise lockdowns due to Covid-19 (imposed in 2020 and 2021) as a reason for the delay in the implementation of these projects. It has also been observed that project executing agencies are not reporting revised cost estimates and commissioning schedules for many projects, which suggests that time/cost overrun figures are under-reported, it added.

Air India Express has been plunged into turmoil as approximately 70 flights, primarily international ones, faced cancellations or delays due to senior crew members calling in sick. This disruption has prompted the Ministry of Civil Aviation to demand a comprehensive report from the airline while urging swift resolution of the issues at hand. Moreover, the airline has been advised to ensure compliance with Directorate General of Civil Aviation (DGCA) norms in providing facilities to passengers.

The genesis of the chaos can be traced back to Tuesday night when cancellations and delays commenced, extending into Wednesday morning. This compelled the airline to truncate its scheduled operations, leaving both domestic and international routes affected. The sudden dearth of crew members precipitated the grounding of flights, exacerbating the predicament.

Civil Aviation authorities have launched an inquiry into the matter, with sources disclosing that some senior crew members had ostensibly powered down their mobile devices just before flight operations, attributing their absence to health concerns. As a result, with no contingency staff available, the airline was compelled to cancel flights, resulting in significant inconvenience for passengers.

In response to the crisis, Air India Express issued a statement expressing regret for the upheaval experienced by passengers and acknowledging the last-minute sick reports from a segment of their cabin crew. The airline affirmed its commitment to investigating the underlying causes of these occurrences while actively mitigating the ensuing inconvenience.

The airline spokesperson emphasized that they are engaging with the affected crew members to discern the reasons behind their sudden unavailability. Concurrently, efforts are underway to minimize disruptions and assuage the inconvenience experienced by passengers. The statement underscored the airline’s dedication to maintaining service standards and apologized for the unanticipated disruption.

Affected passengers have been assured of options for recourse, including a full refund or complimentary rescheduling to alternative dates. Furthermore, passengers with imminent travel plans have been urged to verify the status of their flights before journeying to the airport to avoid further inconvenience.

This incident has cast a spotlight on the operational challenges confronting the aviation industry, echoing a similar debacle encountered by Vistara on April 1, when over 100 flights were severely impacted by pilots reporting sick. The recurrence of such disruptions underscores the vulnerability of airlines to sudden staff shortages and the imperative for robust contingency measures to mitigate their ramifications.

In light of these developments, the Ministry of Civil Aviation is closely monitoring the situation, cognizant of the broader implications for air travel. The call for a detailed report from Air India Express underscores the regulatory scrutiny that such disruptions invite, emphasizing the imperative for airlines to uphold operational integrity and passenger welfare.

As Air India Express endeavors to restore normalcy to its operations, stakeholders across the aviation landscape are vigilant, mindful of the imperative to address systemic vulnerabilities and fortify resilience against unforeseen disruptions. In the interim, affected passengers await resolution and assurance that lessons will be gleaned from this episode to forestall recurrence in the future.

Boeing is finally poised to launch astronauts to the International Space Station for NASA after years of delays and stumbles.

After years of delays and stumbles, Boeing is finally poised to launch astronauts to the International Space Station for NASA. It’s the first flight of Boeing’s Starliner capsule with a crew on board, a pair of NASA pilots who will check out the spacecraft during the test drive and a weeklong stay at the space station.

NASA turned to US companies for astronaut rides after the space shuttles were retired. Elon Musk’s SpaceX has made nine taxi trips for NASA since 2020, while Boeing has managed only a pair of unoccupied test flights. Boeing program manager Mark Nappi wishes Starliner was further along. There’s no doubt about that, but we’re here now.

The company’s long-awaited astronaut demo is slated for liftoff Monday night. Provided this tryout goes well, NASA will alternate between Boeing and SpaceX to get astronauts to and from the space station.

A look at the newest ride and its shakedown cruise:

The capsule

White with black and blue trim, Boeing’s Starliner capsule is about 10 feet (3 metres) tall and 15 feet (4.5 metres) in diameter. It can fit up to seven people, though NASA crews typically will number four. The company settled on the name Starliner nearly a decade ago, a twist on the name of Boeing’s early Stratoliner and the current Dreamliner.

No one was aboard Boeing’s two previous Starliner test flights. The first, in 2019, was hit with software trouble so severe that its empty capsule couldn’t reach the station until the second try in 2022. Then last summer, weak parachutes and flammable tape cropped up that needed to be fixed or removed.

The crew

Veteran NASA astronauts Butch Wilmore and Suni Williams are retired Navy captains who spent months aboard the space station years ago. They joined the test flight afternthe original crew bowed out as the delays piled up. Wilmore, 61, is a former combat pilot from Mount Juliet, Tennessee, and Williams, 58, is a helicopter pilot from Needham, Massachusetts.

The duo have been involved in the capsule’s development and insist Starliner is ready for prime time, otherwise they would not strap in for the launch.