Nike Frankfurt shares rise 9% after results; lifts Adidas, Puma
The retailer's U.S. shares rose 11% in extended trading on Thursday. (NKE.N), opens new tab
Nike's results also boosted the performance of European sportswear brands on Friday such as Puma (PUMG.DE), opens new tab, up 4.5%, and Adidas (ADSGn.DE), opens new tab, up 3%. London-listed sportswear retailer JD Sports (JD.L), opens new tab rose 8%.
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Porsche Launches Sweet 2025 Panamera Lease Deal For August
The electric crossover segment is home to some of the industry's top rivalries, including that of the Hyundai Ioniq 5 and Ford Mustang Mach-E. 2025 Porsche Panamera sticks to the script The 2025 Porsche Panamera might come with a sedan bodystyle and front engine, but it still carries the performance and driving dynamics the German brand is known for. Designed to provide an engaging driving experience similar to that of the Porsche 911 sports car, the Panamera (and its price tag) aren't for the faint of heart. Porsche is kicking off August with a sweet lease deal on a new Panamera, with monthly payments as low as $1,549 over a 39-month term. 2025 Porsche Panamera — Source: Porsche 2025 Porsche Panamera lease offer for August The 2025 Porsche Panamera comes with blazing performance and a price tag to match. For the month of August, the German manufacturer is offering a single nationwide lease offer on new Panamera models. Based on an MSRP of $115,745, you could get into a Panamera for as little as $1,549.25 per month, with a hefty $12,109 due at signing. That down payment includes the first month's payment, $1,095 acquisition fee, and $9,465 capitalized cost reduction. 2025 Porsche Panamera — Source: Porsche This Porsche Panamera lease deal is valid through September 2nd and spans a 39-month term, with a 32,500-mile allowance over the course of the contract. If you prefer to keep your upfront costs to a minimum, or you're short on liquid assets, you could inquire about a zero down payment plan. Spreading the $12,109.25 down payment over 39 payments would increase your monthly costs to an estimated $1,859.74 ($12,109.25/39 + $1,549.25). Qualified lessees must be approved through Porsche Financial Services. 2025 Porsche Panamera — Source: Porsche 2025 Porsche Panamera highlights The Porsche Panamera gets a few major changes for the 2025 model year, with two PHEVs and a range-topping GTS joining the lineup. Regardless of powertrain, all Panamera models share the same styling and chassis components. Hybrid models get an exclusive option, an active suspension system with hydraulic pumps that stabilize the Panamera over bumps and through corners. 2025 Porsche Panamera — Source: Porsche The base Panamera rocks out with a 348-horsepower turbocharged V6 engine mated to an eight-speed dual-clutch automatic transmission. While the base model sticks with RWD, stepping up to the Panamera 4 gets you standard AWD. Regardless of drivetrain, the 2025 Porsche Panamera is rated for an EPA-estimated 21 mpg in combined city/highway driving. The range-topping nonhybrid Porsche Panamera GTS rolls out with a 4.0-liter twin-turbo V8 engine that produces 493 horsepower and 486 lb-ft of torque. That kind of power pushes the Panamera GTS to 60 mph in just 3.6 seconds. The Panamera GTS is rated for 18 mpg in combined city/highway driving. Hybrid Porsche Panamera models come with the same 2.9-liter V6 engine that powers the base model, along with electric motors and a 21.8 kWh battery. Thanks to the electric motors, performance gets boosted to 463 and 536 horsepower in the Panamera 4 E-Hybrid and 4S E-Hybrid, respectively. The hybrid models have yet to be rated by the EPA. 2025 Porsche Panamera — Source: Porsche The Porsche Panamera is a true sedan in form and function, with seating for up to five passengers. Alternatively, you can swap out the rear bench for bucket seats, reducing seating to four. The model's price tag gives way to an interior with premium materials and plenty of tech. A 12.6-inch curved digital gauge cluster sits behind the steering wheel, while a 10.9-inch infotainment touchscreen rests nicely in the center dashboard. Wireless Apple CarPlay and Android Auto come standard, as does wireless smartphone charging. Final thoughts Porsche's four-door sports car fits the brand's portfolio perfectly, with plenty of performance under the hood and engaging driving dynamics to boot. Equipped with seating for up to five passengers, the Panamera's form follows function. Stop at your local Porsche dealership before September 2nd if you're interested in seeing what the German marque's sport sedan can do! 2025 Porsche Panamera — Source: Porsche Lease offers can vary by location and vehicle configuration. Advertised monthly payments don't necessarily include taxes, title, registration, or other fees. 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Telegraph
an hour ago
- Telegraph
Eberechi Eze ‘to sit out Crystal Palace match' as Spurs move edges closer
Crystal Palace and England international Eberechi Eze is closing in on a move to Tottenham Hotspur. According to reports on Saturday, Eze is said to have reached an agreement with Palace that he will not play for them at Chelsea on Sunday. Eze's release clause of £67.5million expired on Friday, but Palace are believed to want a similar fee, with a large chunk paid up front, to persuade them to sell. Eze was a crucial player as Palace won the FA Cup last season and also featured in the club's Community Shield victory over Liverpool last weekend. EZE GIVES CRYSTAL PALACE THE LEAD 😤 A dream goal for @CPFC 🌟 #ITVFootball | #EmiratesFACup — ITV Football (@itvfootball) May 17, 2025 The 27-year-old, who has long been linked with a move across London, joined Palace in 2020 from QPR and has gone on to win 11 England caps. Thomas Frank, the new Spurs head coach, is in need of creativity after chief playmaker James Maddison recently ruptured the anterior cruciate ligament in his right knee. Fellow midfielder Dejan Kulusevski is also still sidelined with a knee injury. After a failed pursuit of Nottingham Forest captain Morgan Gibbs-White last month, Spurs have this week ramped up their transfer activity, opening talks with Manchester City on Monday over the signing of versatile attacker Savinho and are now in discussions with Palace over Eze. Speaking after Tottenham's 3-0 win over Burnley in their Premier League opener, Frank said: 'We are definitely in the market. I said it before, Daniel [Levy, the chairman] and Johan [Lange, technical director] and Vinai [Venkatesham, chief executive] are working relentlessly to try to do their best to improve the squad, but we only want to improve the squad if we can get players in that can improve the squad. I want to keep it like it is.' Asked about Eze specifically, Frank added: 'I have that nice principle that I would like to speak about the players that are in-house, and all the other speculations I don't want to speak too much about that.'
Telegraph
an hour ago
- Telegraph
Labour drops plans to restrict LTNs in ‘secret war on motorists'
Labour has renewed its ' war on motorists ' by dropping plans to limit new Low Traffic Neighbourhoods and 20mph zones. Ministers have quietly ditched reforms that would have curbed council powers to restrict traffic and levy 'unfair' fines and parking charges. The Conservatives, which drew up the changes, branded the move 'a kick in the teeth to motorists' and warned it would hit struggling high streets. But Labour ministers dismissed the proposals as 'speculative suggestions' and said they 'would have made no positive difference for drivers'. Sir Keir Starmer has been repeatedly accused of pursuing heavy-handed policies against motorists, most notably in London and Wales. In the latest example, Labour-run Southwark council on Sunday was forced to admit it illegally fined thousands of people for driving in bus lanes. Richard Holden, the shadow transport secretary, said scrapping the Tory plans represented a 'secret war on drivers' that was not in Labour's manifesto. 'Labour has been caught red handed as it steps up its targeted war on motorists,' he said. 'Conservatives led the charge against unfair and over-zealous enforcement but our work has been ripped up in underhand attacks without any public consultation or manifesto pledge. 'This is a kick in the teeth to motorists, set to punish beleaguered local high streets and will slam the brakes on the economy even more than Rachel Reeves has done so far.' Rishi Sunak announced a 'Plan for Drivers' in October 2023, which would have made it harder for local councils to introduce anti-car schemes. It included draft guidance on the introduction of LTNs, which would have forced councils to focus more on the views of local residents and businesses. As a 'minimum' authorities would have had to hold a series of public meetings with residents and to leaflet every household in the affected area. The changes were planned over concerns councils have been railroading through LTNs on the back of support by green and pro-cycling groups. Ministers have now confirmed that the draft guidance, which was not formalised in time for last year's general election, has been effectively shelved. Lilian Greenwood, the roads minister, said that as a result, work had been 'put on hold and the Government is now considering appropriate next steps'. 'As has always been the case, local authorities are responsible for managing their roads and are accountable to their communities,' she said. Lord Hendy, a transport minister, also suggested that the Government does not plan to change the current guidance in force on LTNs. 'Traffic management measures such as low traffic neighbourhoods are a matter for local authorities as they know their areas best,' he said. The last Tory government had planned a series of pro-driver reforms, including new guidance to 'prevent inappropriate blanket use of 20mph zones'. The Tories sought to roll out more pro-driver policies in the wake of the Labour administration in Wales controversially enforcing a default 20mph zone across all formerly 30mph areas in 2023. Following a huge outcry the Senedd is now reviewing the policy, with the architect of the scheme admitting 'more common sense' should have been deployed. Ms Greenwood said the Government has 'no current plans' to review the guidance around the setting of 20mph speed limits in England. 'We believe that traffic authorities are best placed to decide where lower limits will be effective on the roads for which they are responsible, and that consultation and community support should be at the heart of the process,' she added. Other planned Tory measures that would have limited the use of '15-minute cities' have also been ditched. Under those measures, Conservative ministers would have revoked council's access to DVLA data, which they use to enforce traffic filters. The 15-minute city concept were designed so residents could access all basic services within a quarter of an hour walk or bike ride from home. It has become controversial with some on the Right who see the car as pivotal to freedom and attempts to curb driving as the spread of state control. 'No positive difference' Mr Sunak also pledged to reduce 'unfair' traffic fines, such as yellow box penalties, including by restricting councils' ability to raise revenue from them. Under the measures new guidance would have been brought forward giving residents the formal right to challenge their council's parking policies. Labour ministers confirmed that all three proposals had been dropped. 'Those policies in 'The Plan for Drivers' that would have made no positive difference for drivers have been discontinued,' Ms Greenwood said. Mr Holden said that Sir Sadiq Khan would be 'licking his lips now he has been given the green light to hammer drivers even more'. The Mayor of London has overseen a rapid expansion of LTNs in the capital and the introduction of blanket 20mph limits across the city. The Department for Transport was approached for comment.
