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Jaguar unveiled the production Type 01 in New York on October 6, marking a major product launch for the British luxury brand. The four-door electric grand tourer is the first production Jaguar based on the dedicated Jaguar Electric Architecture. It
German luxury sports car manufacturer Porsche announced an agreement with labor representatives on Monday to reduce its workforce by an additional 5,000 positions by 2035 as part of a restructuring program. The decision brings total planned job eliminations across the
Japan’s new car sales rose 1.8% in the first half of 2026, marking a second straight first-half gain for the domestic auto market. Automakers sold 2,387,189 new vehicles from January through June, including minivehicles. The increase followed a stronger second
Porsche has presented a one-off 911 GT3 RS created through its Sonderwunsch programme, combining the track-focused sports car with a bespoke design treatment inspired by haute couture. The vehicle is finished in Macadamiametallic from the Paint to Sample range and
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Luxury
Luxury fashion brand Gucci has appointed actor Alia Bhatt as its global ambassador, making her the first Indian to represent the esteemed Italian brand worldwide. Bhatt is set to make her inaugural appearance as Gucci’s newest global ambassador during the
MENA Newswire: Geneva, Swtizerland: A new Swiss-made automatic wristwatch manufactured in Geneva by Montres Etoile is making waves in the Islamic community as it revolutionizes the way individuals keep track of the lunar calendar. The Islamic calendar is a lunar
Breaking News
– More than one million species face the risk of extinction as humanity continues to destroy nature, United Nations Secretary-General António Guterres warned on Friday. Speaking at the Leaders’ Summit in Yerevan, Armenia, on October 16, he called for urgent
– Oil prices climbed sharply on Friday, with Brent crude touching $110 a barrel for the first time since May. Worries that escalating Middle East tensions could further tighten supplies drove the rally. Brent for December delivery settled up $3.94,
– Samsung Electronics has presented new memory and storage technology strategies designed to improve the performance of artificial intelligence infrastructure. The company revealed the plans at the 2026 OCP Global Summit in San Jose, California, held from October 12 to
– Egypt received a record $33.9 billion in remittances from citizens working abroad during the first eight months of 2026. The Central Bank of Egypt said on Tuesday, October 13, that inflows rose 27.2% from $26.6 billion a year earlier.