Porsche Profit Rises on Stronger Sales, Pricing Power
Porsche AG’s first-quarter earnings jumped as luxury carmakers continued to show gains despite a slowing global economy.
Porsche AG’s first-quarter earnings jumped as luxury carmakers continued to show gains despite a slowing global economy.
Switzerland’s lower house passed a long-mooted bill to ban large banks from paying bonuses to some top managers, a step that reflects popular discontent with the financial sector after the rescue of Credit Suisse Group AG but has uncertain chances of becoming law.
Hungary’s parliament passed legislation aimed at de-politicizing the courts in an effort to unlock almost half of the funds the European Union has blocked over rule of law and corruption concerns.
The number of people facing life-threatening hunger around the world surged by a third last year, as economic shocks worsened and food prices soared.
A mother’s murder sparked uproar in Latvia, where law enforcement has been blamed for doing too little to protect victims in the European Union’s leading nation for intentional homicides.
This and other travel tips from Kyle Hotchkiss Carone, a rising hospitality star, who flies more than 125,000 miles each year.
Malaysia will deploy a second 5G network from as early as January, a decision that follows a months-long official review of the existing network after concerns of monopoly.
Artificial intelligence will be dangerous in the hands of unscrupulous people, according to Microsoft Corp. Chief Economist Michael Schwarz.
German companies operating abroad are more upbeat about the outlook than they were in the fall but there is little sign of a “genuine boom,” according to an industry lobby survey published on Wednesday.
French retailers have agreed to prolong efforts to charge the lowest possible amount for some essential food items as high consumer-price increases continue to hurt households, Finance Minister Bruno Le Maire said.