Lahore protests Kashmir: Police Detain Demonstrators as Banned Group Reports 30 Election Deaths Police detained protesters in Lahore supporting Pakistan-administered Kashmir; a banned Kashmiri group alleges 30 people were killed …
reports
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Business
BMW reports 35 percent profit slump as finance arm outperforms car division
by Leo Müllerby Leo MüllerBMW profit plunges 35% as car unit lags while finance arm outperforms BMW profit falls 35% in Q2 to €1.2bn; automotive operating income collapses as finance services deliver higher returns …
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Business
Meta reports profit decline, warns of slowdown amid heavy AI spending
by Leo Müllerby Leo MüllerMeta Q2 results: revenue growth slows and net income falls as AI spending and legal costs bite Meta Q2 results show revenue growth slowing to 28% while net income fell …
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Business
Porsche reports H1 profit surge and announces 5,000 German job cuts
by Leo Müllerby Leo MüllerPorsche job cuts: H1 2026 profit rises to €1.07bn despite falling revenue and deliveries Porsche to cut 5,000 jobs in Germany as H1 2026 revenue falls 5.1% to €17.3 billion …
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Business
Agatha Christie Ltd reports profits doubling as 2025 revenue rises 50%
by Leo Müllerby Leo MüllerAgatha Christie Ltd posts 50% revenue surge as global demand for Christie works soars Agatha Christie Ltd posts 50% revenue rise to £33m in 2025, with pre-tax profits of £20m, …
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World
Oil tanker explodes after striking naval mine in Strait of Hormuz, Iranian media reports
by anna walterby anna walterOil tanker explodes after hitting naval mine in Strait of Hormuz, Iranian media report Oil tanker exploded after striking a naval mine in the Strait of Hormuz, Iranian media say; …
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Business
SAP reports 27% rise in cloud backlog, affirms AI opportunity
by Leo Müllerby Leo MüllerSAP Q2 results: Cloud backlog jumps 27% to €22.9bn as CFO positions SAP as AI beneficiary SAP Q2 results: Cloud backlog up 27% to €22.9bn, revenue and operating profit rise; …
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Technology
SAP reports Q2 revenue up 9% as cloud sales surge 22% and profit rises
by Helga Moritzby Helga MoritzSAP Q2 results show revenue up 9% to €9.88bn as cloud sales surge 22% SAP Q2 results: revenue rose 9% to €9.88bn, cloud sales jumped 22%. Adjusted operating profit €2.74bn …
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Business
Tesla reports Q2 profit decline and revenue jump amid heavy AI spending
by Leo Müllerby Leo MüllerTesla Q2 results show mixed signal as earnings miss but deliveries surge Tesla Q2 results: adjusted EPS $0.33 vs $0.51 expected; revenue $28.24B driven by 480,126 deliveries, but free cash …
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Business
Made for Germany initiative reports positive first-year progress but lacks transparency
by Leo Müllerby Leo MüllerMade for Germany Marks First Year as Siemens and Deutsche Bank Report Progress Amid Calls for Transparency One year after launch, Made for Germany draws praise from Siemens and Deutsche …