WHO Director-General Tedros Adhanom Ghebreyesus narrowly escaped death during Israeli airstrikes at Yemen’s main airport, describing the chaotic scene as people ran everywhere. Tedros and his team were completely exposed and lucky to avoid being hit by a missile while waiting to board a flight, with one U.N. crew member injured and at least three others killed. The attack, targeting Houthi rebels and Iran, was not aware of the U.N. delegation’s presence at the airport at the time.
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Porsche and Volvo Cars profits sink as industry reels from Trump tariffs
SummaryProfits at Porsche and Volvo Cars plummeted in Q1 due to the impact of US tariffs, with Volvo reporting a 59% drop in operating profits and withdrawing its guidance for the next two years, while Porsche's profits fell 40% amid rising costs and declining deliveries. Both companies are implementing cost-cutting measures, with Volvo launching an SKr18bn program and Porsche reducing production expansion plans. Uncertainty around trade policies continues to challenge profitability, as Porsche revised its...
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