Aston Martin bleeding £1m a day as supply chain issues and china demand slump hit targets
Aston Martin Lagonda, Britain’s only carmaker listed on the London Stock Exchange, is grappling with substantial financial setbacks, missing all 2024 targets as production cuts, supply chain issues, and a steep drop in Chinese demand impact performance. The luxury automaker, led
Brookfield buys £1.75bn stake in Orsted’s UK offshore wind farms
Brookfield, chaired by former Bank of England governor Mark Carney, has acquired a 12.45% stake in four UK offshore wind farms owned by Orsted for £1.75 billion ($2.3 billion). This significant deal includes the world’s largest single offshore wind farm, Hornsea
Land Rover and Range Rover hybrid sales surge as EV uncertainty shifts buyer focus
Amid ongoing uncertainty around electric vehicle (EV) adoption timelines, demand for Land Rover and Range Rover plug-in hybrids (PHEVs) has surged. Jaguar Land Rover (JLR), the West Midlands-based, Indian-owned automotive group, has reported a 29% increase in global sales of its
AI has potential to reduce inequity in Philippine healthcare
A survey conducted by PwC Philippines in partnership with MAP showed that 40% of the CEOs in the country said that they have already adopted generative artificial intelligence (GenAI). — REUTERS/DADO RUVIC/ILLUSTRATIONBy Patricia B. Mirasol, ProducerDepending on how it’s designed,
Leon weakens to Typhoon status as it passes close to Orchid Islands, Taiwan—PAGASA
PAGASA.DOST.GOV.PHTyphoon Leon (Kong-rey) weakened from super typhoon status on Wednesday as it passed over the Orchid Islands in southern Taiwan, Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said. In a weather advisory released by PAGASA at 11 a.m. on Thursday,