Aston Martin shares crater as supply chain disruption scuppers production ramp up Business Aston Martin had put its hopes on a production ramp up in the second half after losses widened in the firm's half-year results in July.
Slowdown in industrial activity leads to weakening of Chinese economy Economics China’s economy softened in August, extending a slowdown in industrial activity and property prices as Beijing faces pressure to ramp up spending to stimulate demand. Data published by the National Bureau of Statistics on Saturday showed weakening activity across industrial production, retail sales and property this month compared to July. “We should be aware that [...]
Samarkand: E-commerce firm shifts focus to UK amid China struggles Tech E-commerce group Samarkand, which focuses on connecting Western brands with Chinese customers, has struggled to weather Beijing’s slowdown and said it will change its primary focus to the UK. Revenue at the group decreased by three per cent to £16.9m in the year ended March 31, down from £17.5m in 2023. Adjusted earnings before interest, [...]
Artisanal Spirits: Whisky specialist reports strong growth despite China slowdown July 18, 2024 The Edinburgh-based brand reported that earnings before interest, tax, amortization and depreciation (EBITDA) increased by £1m year on year.