German luxury carmaker Porsche AG reported a 34% rise in first-half operating profit to €1.35 billion on Wednesday, despite lower revenue and a double-digit decline in vehicle deliveries. The result was ahead of analysts’ average projection of €1.26bn, according to S&P Global Visible Alpha. ADVERTISEMENT ADVERTISEMENT Once Volkswagen’s most reliable source of profit, Porsche has been hit especially hard by slumping Chinese demand for German luxury cars and weaker-than-expected electric vehicle sales. The German sports-car maker attributed the increase in profit to tighter management of costs, prices and its product mix, alongside its “value over volume” strategy. However, the company’s…

Google’s big mobile event, called Made by Google, is almost here, and now we know a bit of what to expect about how the company will launch its new Pixel phones and devices. Google released a video on X revealing that comedian Trevor Noah will host the show on Aug.…

Momentum is building behind a third term for conservative European Parliament President Roberta Metsola, a prospect set to disrupt an informal agreement among centrist political forces and to put the Socialists and Democrats (S&D) on the back foot. The Maltese politician from the European People’s Party (EPP), who is currently…

Presidents of Argentina, Paraguay, Chile and Ecuador, along with Spain’s King Felipe VI, are expected to attend Friday’s ceremony.Published On 6 Aug 20266 Aug 2026Colombia’s outgoing defence minister has warned of a heightened risk of “terrorism” ahead of Friday’s inauguration of President-elect Abelardo de la Espriella.Minister of Defence Pedro Sanchez…

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