Porsche agrees to sell its stakes in Bugatti and Rimac to a consortium led by a US fund linked to the Sawiris family. The deal marks a significant shift in ownership for the high-performance automotive brands.

Extreme weather drives up food, insurance costs, turning climate change into a new inflation driver. Bloomberg reports that price pressures from climate-related events are becoming persistent.

Extreme weather is driving up prices from food to insurance, making climate change a new and growing source of inflation, according to a report.

Fed Chair Jerome Powell holds final press conference, ending an era of monetary policy leadership.

Jerome Powell held his final press conference as Federal Reserve chair, marking the end of an era.

US consumer sentiment hits record low, University of Michigan survey shows, as inflation and gas prices strain Americans

Consumer sentiment in the US fell to its lowest level on record, according to the University of Michigan's survey released Friday, as inflation and higher gas prices continue to weigh on Americans.

Egypt's Sisi warns of regional instability, calls for full Gaza ceasefire, rejects Palestinian displacement

Egyptian President Abdel Fattah al-Sisi warned Saturday that the Middle East is undergoing critical circumstances amid deliberate efforts to redraw its map, called for full implementation of the Gaza ceasefire, and rejected the displacement of Palestinians.