Volkswagen Group expects a €5.1 billion ($5.98 billion) hit to 2025 profits after Porsche delayed its all-electric vehicle rollout, cut medium-term return targets, and abandoned a joint project in its original form. The group has lowered its operating margin outlook to 2–3% and will take write-downs and impairment charges totalling
Volkswagen Group expects a €5.1 billion ($5.98 billion) hit to 2025 profits after Porsche delayed its all-electric vehicle rollout, cut medium-term return targets, and abandoned a joint project in its original form. The group has lowered its operating margin outlook to 2–3% and will take write-downs and impairment charges totalling
Global oil demand has continued its steady rise in 2025, averaging 104.4 million barrels per day through 17 September, up 520,000 barrels year on year, driven by strong industrial activity and robust transport demand outside the US. In contrast, US container arrivals and cargo flights are slowing, slightly limiting domestic
Under the new agreement, travelers can book a single ticket for flights across both airlines’ networks, eliminating the need for multiple check-ins and reducing the hassle of baggage transfers. This collaboration is set to significantly improve the travel experience for passengers flying between India, Uganda, and onward destinations. Expanding Networks
Under the new agreement, travelers can book a single ticket for flights across both airlines’ networks, eliminating the need for multiple check-ins and reducing the hassle of baggage transfers. This collaboration is set to significantly improve the travel experience for passengers flying between India, Uganda, and onward destinations. Expanding Networks
eThekwini Municipality, which includes Durban, South Africa, is actively involved in the BRICS Partnership on New Industrial Revolution (PartNIR) at the BRICS PartNIR Innovation Center (BPIC) in Xiamen, China. This participation highlights eThekwini’s dedication to innovation, smart city development, and global cooperation. These efforts align with the municipality’s broader objectives
eThekwini Municipality, which includes Durban, South Africa, is actively involved in the BRICS Partnership on New Industrial Revolution (PartNIR) at the BRICS PartNIR Innovation Center (BPIC) in Xiamen, China. This participation highlights eThekwini’s dedication to innovation, smart city development, and global cooperation. These efforts align with the municipality’s broader objectives
Aerotree Defence and Services Sdn Bhd has initiated legal proceedings in the Kuala Lumpur High Court against the Malaysian government, the defence ministry and its secretary-general. The company is demanding RM353 million in compensation after authorities terminated a five-year lease for four US-built Blackhawk UH-60A helicopters. Filed through the law
The United Arab Emirates’ rise as a leading investor and trade partner in Africa is reshaping the architecture of Middle East–Africa relations. Recent data showing that South Africa has become the UAE’s second-largest non-oil trade partner on the continent is not simply a bilateral milestone, it is indicative of how
The United Arab Emirates’ rise as a leading investor and trade partner in Africa is reshaping the architecture of Middle East–Africa relations. Recent data showing that South Africa has become the UAE’s second-largest non-oil trade partner on the continent is not simply a bilateral milestone, it is indicative of how