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Aston Martin cuts jobs as weak China demand weighs
Aston Martin cuts jobs as weak China demand weighs
by  AFP

Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese demand contributed to losses widening at the luxury car group last year. Aston Martin, which is slowly transitioning to electric car models, said it hoped for annualised savings of £25 million.

Erosion of multilateralism threatens global stability: S.Africa leader
Erosion of multilateralism threatens global stability: S.Africa leader
by  AFP

The erosion of multilateralism threatens global growth and stability, President Cyril Ramaphosa warned Wednesday at a G20 finance meeting in South Africa marked by the absence of the US Treasury secretary. "The erosion of multilateralism presents a threat to global growth and stability," Ramaphosa said in his opening address.

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