Bloomberg Last year proved challenging both for carmakers and buyers. Higher interest rates, dogged inflation and price hikes on gas and consumer goods reduced monthly budgets at home, while automotive brands fought to maintain supply chains and inventories. Some luxury automakers escaped much of the pain, reporting record results. In 2022, Bentley delivered 15,174 vehicles globally, up 4% over 2021. ...

Bloomberg Microsoft Corp said it plans to cut 10,000 jobs, or about 5% of its workforce, taking steps to cope with an increasingly bleak outlook that has bruised many of the technology industry’s biggest names. The company will take a $1.2 billion charge in the second fiscal quarter related to the move, which will shave 12 cents off of earnings ...

Abu Dhabi / WAM Masdar has demonstrated its commitment to helping African nations in their clean energy transition by signing agreements at Abu Dhabi Sustainability Week (ADSW) 2023 with three countries – Angola, Uganda and Zambia – to develop renewable energy projects with a combined capacity of up to 5 gigawatts (GW). The agreements were signed under the umbrella of ...