Porsche Exits Bugatti Rimac

German sportscar manufacturer Porsche has agreed to sell its entire equity stake in Bugatti Rimac and Rimac Group to a consortium led by HOF Capital, a New York-based investment firm. The deal was signed on April 24, 2026, and is expected to be completed before the end of 2026, pending regulatory clearances.

Iran drones hit Bahrain; ship attacked

Business - 3 hr, 41 min ago

Iran launched drones at Bahrain and a ship was attacked in the Strait of Hormuz, following US airstrikes, raising Persian Gulf security concerns.

Persistent to acquire Nagarro

Business - 3 hr, 32 min ago

Persistent Systems plans to acquire Germany’s Nagarro via a EUR 81-per-share offer, creating a USD 2.9 billion AI-led digital engineering group.

Pakistan Beat Netherlands By 37 Runs

Sports - 3 hr, 15 min ago

Pakistan beat the Netherlands by 37 runs in Bristol to close the ICC Women’s T20 World Cup 2026, with Ayesha Zafar leading the way.