Bentley to invest $ 3.4 billion to exclusively offer EVs by 2030

Bentley to invest $ 3.4 billion to exclusively offer EVs by 2030

A rendering of Bentley’s new electric vehicle production operatins in Crewe, England. Bentley Bentley Motors plans to spend 2.5 billion pounds (about $ 3.4 billion) over the next decade to become a fully electric luxury brand by 2030, the 102-year-old carmaker said Wednesday. The investment will include research and development and significant upgrades to Bentley’s … Read more

Bentley to invest $ 3.4 billion to exclusively offer EVs by 2030

A rendering of Bentley’s new electric vehicle production operatins in Crewe, England. Bentley Bentley Motors plans to spend 2.5 billion pounds (about $ 3.4 billion) over the next decade to become a fully electric luxury brand by 2030, the 102-year-old carmaker said Wednesday. The investment will include research and development and significant upgrades to Bentley’s … Read more

The Fed’s move to raise interest rates will slow Asia’s recovery

Federal Reserve measures to raise interest rates and tighten policies aggressively will hamper the economic recovery in Asia, according to the International Monetary Fund. The current account surplus and the level of reserves are much higher among Asian countries this time compared to 2013 under the so-called “taper tantrum,” said Changyong Rhee, director of the … Read more

The Fed’s move to raise interest rates will slow Asia’s recovery

Federal Reserve measures to raise interest rates and tighten policies aggressively will hamper the economic recovery in Asia, according to the International Monetary Fund. The current account surplus and the level of reserves are much higher among Asian countries this time compared to 2013 under the so-called “taper tantrum,” said Changyong Rhee, director of the … Read more

Covid vaccine skepticism fuels broader anti-wax sentiment, doctors say

Protesters demonstrate against Covid vaccine mandates outside the New York State Capitol in Albany, New York, on January 5, 2022. Facebook Facebook logo Create a Facebook profile to connect with Mike Segar Reuters Skepticism about Covid-19 vaccines could fuel a “worrying” rise in broader anti-wax sentiment, doctors have said. Professor Liam Smeeth, a doctor and … Read more

what it means for investors, start-ups

Traders work during the listing of the Chinese company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, USA, on June 30, 2021. Brendan McDermid | Reuters BEIJING – Investors may have to think twice about investing in Chinese tech start-ups, as new rules are imposed on mainland companies … Read more

Supply chain woes still held back 3Q sales

Logitech’s better-than-expected quarterly results may have been stronger without the ongoing supply chain challenges, CEO Bracken Darrell told CNBC’s Jim Cramer on Tuesday. “We could have been even better,” Darrell said in an interview on “Mad Money.” “We lost several points of growth because we could not get supply in everything we wanted, but we … Read more