Business from Wednesday, February 26th, 2025

Luxury carmaker Aston Martin said on Wednesday it will cut about five per cent of its global workforce to further reduce costs and drive future investments, and delayed the launch of its first battery electric vehicle (BEV) for the second time.

e& recorded a net profit of AED 10.8 billion in 2024, marking a 4.3 per cent increase year-over-year, the UAE-based telecommunications company said on Tuesday.