Volkswagen cuts 2024 outlook as car demand falters

Volkswagen cuts 2024 outlook as car demand falters

A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg, Germany. Julian Stratenschulte| Picture Alliance | Getty Images Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected performance at its passenger car division as … Read more

Festival fires burn bright despite downpour

Festival fires burn bright despite downpour

Tiksa Negeri / Reuters Thousands in Ethiopia’s capital city defied a downpour to celebrate Meskel, the first big festival of the religious year. It marks the discovery of the cross Jesus was crucified on, according to Ethiopian Orthodox Christian tradition. On Thursday, believers gathered in a large public plaza in Addis Ababa for rituals, speeches … Read more

BBC correspondent records moment air strike hits Beirut

BBC correspondent records moment air strike hits Beirut

Plumes of smoke were seen across Beirut as the city has been rocked by multiple blasts. The moment of one of the explosions was captured by BBC World Service correspondent, Nafiseh Kohnavard. The BBC’s Middle East correspondent, Hugo Bachega, reported from a car as he described scenes of chaos in the Dahieh district. Israel’s military … Read more

Bank knocks 40% off value of gold-backed Zig

Bank knocks 40% off value of gold-backed Zig

Zimbabwe’s central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ditch effort to stabilise the country’s volatile economy, is in trouble. The Reserve Bank of Zimbabwe (RBZ) made the decision to slash the local exchange rate to 24 Zig to $1 (£0.75) on Friday. This slump … Read more

Victims in France call for investigation

Victims in France call for investigation

Getty Images French prosecutors are being urged to launch an investigation into allegations of rapes and sexual assault by Mohammed Al Fayed at the Paris Ritz, and into the “cult-like” hotel management that enabled his attacks. The BBC understands more than five women have come forward with new claims about Al Fayed’s predatory behaviour in … Read more