Oil markets swung sharply after Brent closed at $90.74, supported by lower U.S. stocks and shipping disruptions before an August pullback. The post Oil prices jump above $90 before steep August reversal appeared first on London Dawn.
Austria’s 40.3C July record came as extreme heat drove €1.4 billion in losses, raised heat deaths and worsened a major rainfall deficit. The post Austria July heat record comes with €1.4bn damage appeared first on London Dawn.
UK invests £8.4 billion in nuclear submarine programme as BAE Systems secures £5.9 billion contract for shipyard assembly. The post UK nuclear submarine investment supports 47000 jobs appeared first on London Dawn.
Belgium’s annual inflation exceeds forecasts, rises to 3.56 percent in July, driven by surging electricity and fuel prices. The post Belgium July consumer prices climb on rising energy and service costs appeared first on London Dawn.
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Automotive
New labor accord sees Porsche to cut 5000 more jobs under restructuring plan while committing 2.1 billion euros to plants.
FIA renews support for V8 engines in Formula 1 as power unit talks focus on cost, weight, sound and sustainable fuel.
Automakers cut EV discounts in Germany as renewed subsidies return, leaving electric cars pricier than comparable combustion models.
Porsche presents a one-off 911 GT3 RS by Sonderwunsch with Macadamiametallic paint, brown carbon fibre and couture design.
Electric car sales across Europe rose sharply in early 2026 as higher petrol and diesel prices pushed buyers toward battery EV models.
BMW has unveiled the all-electric i3, its second Neue Klasse model, with up to 900 km WLTP range, 400 kW charging and Munich production from August 2026.
Mercedes-Benz says the 2027 S-Class runs MB.OS as standard, integrating MBUX, MB.DRIVE, cloud updates and Google Maps navigation as the sedan refreshes its core tech platform.
The EU is easing its 2035 combustion engine ban, revising emissions targets to protect automakers while maintaining long-term climate neutrality goals.
Porsche launches the all-electric Cayenne, delivering 850 kW power, 2.5s acceleration, and up to 642 km range in a new era of performance SUVs.
Porsche AG posts €967 million Q3 loss, its first since 2022 IPO, citing one-time restructuring costs, import tariffs, and weak global demand.
Entertainment
Critics argue AI impact is not about replacing stars but about partial automation that trims entry roles, speeds iteration and shifts budgets.
Apple is expanding its Apple Arcade subscription service with a slate of new titles and major updates launching throughout September. Headlining the lineup is NFL Retro Bowl ’26, which debuts exclusively on the platform on September 4. Developed by New Star Games, the game combines nostalgic arcade-style graphics with officially licensed teams and players…
Luxury
The global luxury market faces a 2% decline in 2024, with 50 million consumers exiting due to high prices and reduced innovation, Bain & Company’s annual report reveals.
Rolex introduces the latest addition to its esteemed collection with the unveiling of the new Oyster Perpetual Rolex Deepsea model. Breaking tradition, this iteration marks the first-ever presentation of the divers’ watch in 18 ct yellow gold. Sporting a…
The Rolex Oyster Perpetual Day-Date, a beacon of horological prestige, marries the elegance of 18 ct gold or 950 platinum with groundbreaking innovation. Since its launch in 1956, it has stood out as the first wristwatch to display both the…
The 53rd edition of the Watch & Jewellery Middle East Show, unveiled its treasures on January 31st in Sharjah. This prestigious event, a collaboration between Expo Centre Sharjah and the Sharjah Chamber of Commerce and Industry, has become a beacon for luxury…
Porsche, the renowned sports car manufacturer, has teamed up with Frauscher Shipyard to unveil the 850 Fantom Air, their inaugural electric sports boat. Powering this maritime marvel is the drive technology slated for Porsche’s upcoming all-electric Macan. International media and…
The Rolex GMT-Master II is making waves with its two latest versions – one in yellow Rolesor, a blend of Oystersteel and yellow gold, and another in 18 ct yellow gold. These timepieces debut a groundbreaking grey-black Cerachrom bezel insert,…
In the world of luxury watchmaking, certain introductions set the bar higher. The Aquanaut Luce Annual Calendar Reference 5261R-001 is just that – a testament to Patek Philippe’s continued commitment to pushing the boundaries of innovation while maintaining an elegant…
In the picturesque heart of Switzerland, the rhythm of innovation beats strong within Audemars Piguet’s walls. The legendary Swiss watchmaker brings forth yet another symphony of design: a novel rendition of their Royal Oak Offshore Music Edition, initially birthed to the…
In the vast universe of luxury brands, Rolex occupies a unique celestial body, twinkling with prestige, precision, and timeless allure. It’s a name that, for over a century, has been synonymous with excellence in watchmaking. While many brands have come…