Volkswagen Targets70-75 Billion Euro Valuation In Planned Porsche IPO

PARIS, France – Volkswagen is targeting a valuation of 70 billion to 75 billion euros ($70.1-75.1) billion for luxury sportscar maker Porsche as part of a planned initial public offering (IPO) of the division, a person familiar with the matter said. The pricing formed the basis for discussions in the supervisory board that were taking … More Volkswagen Targets70-75 Billion Euro Valuation In Planned Porsche IPO

Germany To Drop COVID Mask Requirement On Flights

PARIS, France – Germany will soon drop mask requirements on commercial flights introduced during the COVID-19 pandemic, Health Minister Karl Lauterbach said on Tuesday, after flagship airline Lufthansa complained that the rule was no longer enforceable. Authorities will focus instead on making sure people wear face – and – mouth coverings on public transport in … More Germany To Drop COVID Mask Requirement On Flights

Former No.1 Kerber Announces Pregnancy, To Miss U.S. Open

NEW YORK – Former world number one Angelique Kerber is pregnant and will skip the U.S. Open, which starts in New York on Monday, the three – time Grand Slam winner from Germany said. The left – handed Kerber, 34, last played at Wimbledon where she lost in the third round to Belgium’s Elise Mertens. … More Former No.1 Kerber Announces Pregnancy, To Miss U.S. Open

Halep Beats Haddad Maia For Third Canadian Open Title

PARIS, France – Simona Halep ended Beatriz Haddad Maia’s dream run in Toronto with a hard – fought 6-3 2-6 6-3 victory to claim her third Canadian Open title on Sunday. Halep’s serving woes from her semifinal win carried over at the outset the final as she produced four double faults and was broken in … More Halep Beats Haddad Maia For Third Canadian Open Title

Firefighters Battle Wildfire On Croatian Island After Man Dies

SARAJEVO – Croatian water – bomber planes joined dozens of firefighters on Sunday to help contain a wildfire that killed one man an the Adriatic island of Hvar, Croatian media reported. The fire, which broke out early in the afternoon, threatened residential areas close to the town of Stari Grad. The man died when he … More Firefighters Battle Wildfire On Croatian Island After Man Dies

Bentley First – Half Profit More Than Doubles, Boosted By Customised Cars

PARIS, France – Luxury British carmaker Bentley’s first – half operating profit more than double, boosted by increased customisation of cars as sales rose significantly in Europe and Britain despite ongoing global economic uncertainty. The unit of German carmaker Volkswagen on Friday posted an operating profit for first six months of 2022 of 398 million … More Bentley First – Half Profit More Than Doubles, Boosted By Customised Cars