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At the same time, investigators acknowledged that it's possible not all of the remains of victims from the August 8th fire on Maui will ever be found. "The number of family members who are coming in to provide DNA samples is a lot lower than they've seen in other disasters," he said. Martin said he could not explain why people seemed less willing to provide DNA samples - so far 104 had been collected. The wildfires whipped by winds tore through the beachside town of Lahaina in west Maui, killing at least 115 people, according to Maui County officials. Reporting by Jonathan Allen in Lahaina, Hawaii, and Brad Brooks in Longmont, Colorado; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.
Persons: Kevin Lamarque, Andrew Martin, Martin, John Pelletier, Pelletier, Jonathan Allen, Brad Brooks, Michael Perry Organizations: Lahaina Civic Center, REUTERS, Maui Police, Authorities, Thomson Locations: Lahaina, Maui, Hawaii, U.S, LAHAINA, Maui County, beachside, Lahaina , Hawaii, Longmont , Colorado
Tesla's groundbreaking move with Malaysia is a boost to Southeast Asia's place in the EV supply chain and the first deal under the country's Battery Electric Vehicle Global Leaders initiative. There are also plans for Tesla to embark on EV battery manufacturing in Malaysia. Anwar said Malaysia is open to more EV investments, including from Chinese automakers. Tesla Inc. signage during a launch of company's Model Y electric vehicle in Kuala Lumpur, Malaysia, on Thursday, July 20, 2023. Building readinessStill, Anwar was hesitant to say a full electric vehicle assembly line is in the pipeline.
Persons: Tesla, Anwar Ibrahim, CNBC's Martin Soong, Anwar, Elon Organizations: country's, Vehicle Global, U.S, EV, Bumiputeras, CNBC, Tesla Inc, Bloomberg, Getty, IT, Zhejiang, Infineon Technologies, Proton Locations: Malaysia, Southeast Asia, Putrajaya, Kuala Lumpur, China, Shanghai, Selangor, Malay, Tanjong Malim, Perak, Kedah, Geely
watch nowWhite-collar jobs will be among the first to be impacted by artificial intelligence, IBM chairman and CEO Arvind Krishna told CNBC in an exclusive interview aired on Tuesday. Arvind Krishna IBM chairman and CEOIn May, IBM announced WatsonX, an AI building tool that allows clients to build, train and deploy machine learning models. So that is where the 7,800 [number] came from," Krishna told CNBC's Martin Soong. AI potentialKrishna joined IBM in 1990, took over as CEO in April 2020 and has been chairman since January 2021. Arvind Krishna IBM chairman and CEO
Persons: Arvind Krishna, CNBC's, That's, Krishna, ChatGPT, Watson, It's, CNBC's Martin Soong, Lawrence Wong Organizations: IBM, CNBC, Lenovo, Watson Health, Bloomberg
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIssue of affirmative action should extend from race based to need based: Malays PM Anwar IbrahimMalaysia's Prime Minister Anwar Ibrahim speaks to CNBC's Martin Soong about affirmative action policies and how Elon Musk's SpaceX will give "confidence and participation of our players" in Malaysia.
Persons: Anwar Ibrahim Malaysia's, Anwar Ibrahim, CNBC's Martin Soong, Elon Organizations: SpaceX Locations: Malaysia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia is not discounting the possibility of lawsuits against Goldman Sachs, says Anwar IbrahimAnwar Ibrahim, Malaysia's prime minister, tells CNBC's Martin Soong as part of The CNBC Conversation, that his country will have to reopen negotiations with Goldman Sachs on the 1MDB money laundering scandal. He said he's "not discounting the possibility of proceeding again [with] the issue [of] lawsuits."
Persons: Goldman Sachs, Anwar Ibrahim Anwar Ibrahim, Malaysia's, CNBC's Martin Soong Organizations: Malaysia, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMalaysia and Indonesia should be able to complement each other, says Malaysia's Anwar IbrahimAnwar Ibrahim, the prime minister of Malaysia, tells CNBC's Martin Soong as part of The CNBC Conversation, that his country and Indonesia should work together to complement each other — he said that has been the "spirit" of his conversations with Indonesia's President Joko Widodo, known commonly as Jokowi.
Persons: Malaysia's Anwar Ibrahim Anwar Ibrahim, CNBC's Martin Soong, Joko Widodo Organizations: Email Malaysia, CNBC Locations: Indonesia, Malaysia
Nurphoto | Nurphoto | Getty ImagesMalaysia's Prime Minister Anwar Ibrahim has vowed to recover the money Malaysians are owed from the 1MDB money laundering scandal, and says he hasn't ruled out the possibility of a lawsuit against Goldman Sachs. Anwar said Malaysian agencies were still in talks with Goldman Sachs, though ongoing discussions are "a bit complex." Asked to comment on Anwar's interview, Goldman Sachs referred CNBC to its second quarter earnings statement. It remains to be seen what would come out of the standoff between Malaysia and Goldman Sachs. "No one can deny the fact that Goldman Sachs was used, and partly used the authorities," Anwar said in his interview.
Persons: Malaysia's, Anwar Ibrahim, Malaysia's King, hasn't, Goldman Sachs, Anwar, CNBC's Martin Soong, Goldman, Muhyiddin Yassin, I've, , Mahathir Mohamad, Anwar Malaysia's, Anwar's Pakatan, Najib Razak, Muhyiddin, Islam that's Organizations: Nurphoto, Getty, Malaysia's, 1Malaysia, Malaysia, CNBC, of, Malaysian, Barisan Nasional, Barisan, Perikatan Nasional coalition, Islamic, Malay Locations: Kuala Lumpur, Putrajaya, Malaysia, Malaysian, Anwar Ibrahim Malaysia, U.S, of Malaysia, United States, Malay, Federal
The 75th Cannes Film Festival - Photocall for the film "Leila's Brothers" in competition - Cannes, France, May 26, 2022. The Iranian Cinema Directors Association said in an Instagram post that it was “the strangest judiciary sentence in the history of Iranian cinema”. It said the movie, "Leila's Brothers", had been approved by the government and the Iranian government itself had participated at the Cannes festival for years. “Such a strange sentence is a futile attempt to humiliate this young and intelligent filmmaker of Iranian cinema,” the association said. Several independent filmmakers said they saw the sentence as a diversion from the upcoming anniversary of the Sept. 16, 2022 death in custody of Mahsa Amini.
Persons: Saeed Roustayi, Stephane Mahe, Roustayi, Javad Noruzbegi, Mahsa, Mahnaz Mohammadi, Martin Scorsese, Francis Ford Coppola, Scorsese, Frances Kerry Organizations: Cannes, Iranian Cinema, Reuters, Etemad, Thomson Locations: France, Iranian
CNN —Famed Iranian director Saeed Roustaee has been sentenced to six months in prison, according to local reports, after presenting his most-recent film at the Cannes International Film Festival last year. Roustaee screened the film “Leila’s Brothers,” a movie about a family in Tehran trying to make ends meet, in competition for the Palme d’Or, the highest prize awarded at Cannes. Roustaee and “Leila’s Brother” producer Javad Noruzbegi were sentenced to six months for airing the film and “contributing to the opposition’s propaganda against the Islamic regime,” according to Iranian media. “His voice needs to be heard.”“Leila’s Brothers” was previously banned in Iran, as officials ruled the film “broke the rules by being entered at international film festivals without authorisation,” the AFP reported. Though it did not win the Palme d’Or, the film won two other prizes at Cannes, and was nominated for Best International Film at the Munich International Film Festival.
Persons: CNN —, Saeed Roustaee, Roustaee, , Palme, Ruben Ostlund’s, Javad Noruzbegi, Martin Scorsese, Francesca Scorsese, Scorsese, , Jafar Panahi, Tara Sepehri, Panahi Organizations: CNN, Cannes, AFP, Iranian Foreign Ministry, Munich, Human Rights Watch Locations: Tehran, American, Iran
The "AI for business" diploma offers training in data and AI for client leaders, practitioners, and WPP executives, according to WPP's website. The team work under AI expert Daniel Hulme who was appointed chief AI officer at WPP two years ago. While lawmakers and philosophers alike still debate whether content produced by generative AI models amounts to anything like human creativity, advertisers have already begun using the technology in their promotional campaigns. Unilever, which owns more than 400 brands including Dove soap and Ben & Jerry's ice cream, has its own generative AI technology that can write product descriptions for retailers' websites and digital commerce sites, it said. The company's TRESemmé haircare brand has used its AI content generator for written content and its automation tool for visual content on Amazon.co.uk (AMZN.O).
Persons: Mark Read, Read, we've, Mondelez, Shah Rukh Khan, Daniel Hulme, Nestle, Gandon, Ray, Johannes Vermeer's, Aaron Rajan, Nestle's Gandon, Martin Sorrell, You've, Ben King, Richa Naidu, Martin Coulter, Matt Scuffham, Daniel Flynn Organizations: Nestle, Unilever, Marketing, Investment, Reuters, WPP, Oreo, Cadbury, Bollywood, YouTube, Facebook, University of Oxford, Global, Google, Go, Market Technology, Consumer, Walmart, Carrefour, Kroger, Thomson Locations: Africa, India, London, Swiss, Okta
Whether mandatory return-to-office policies will make the climate crisis worse is an important question, especially as scientists predict that 2023 will be the hottest year on record. But determining whether working from an office is worse for the planet isn't that simple. Failing to find a balance between boosting productivity at the office and protecting the planet risks making the crisis worse. Even though the study only covered the early part of the pandemic, it illustrated how a shift away from office work can have some positive effects for the planet. "There was no clear answer to whether work from home was better or worse for the environment in general terms."
Persons: Rachel, it's, JPMorgan Chase, James Elfer, Elfer, It's, Ty Colman, Colman, Ralf Martin, Martin, teleworking, Megan Litke, We've, Litke, Efler, Operta's Colman, JPMorgan Chase —, Apple, Tony Johnson, Schneider, Johnson, That's, she's, Catherine Boudreau Organizations: Amazon, Google, JPMorgan, Fortune, Employees, Greenhouse, International Energy Agency, IEA, Imperial College Business School, American University, Energy, Target, Dell, Apple, Schneider Locations: , Maryland, Greater London, London, Washington , DC, Williams, Sonoma, North America
UBS names 21 country heads across EMEA region -memo
  + stars: | 2023-08-17 | by ( ) www.reuters.com   time to read: 1 min
The logo of Swiss bank UBS is seen at the company's office at the Bahnhofstrasse in Zurich in this July 1, 2009, photo. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsCompanies UBS Group AG FollowZURICH, Aug 17 (Reuters) - UBS has appointed or confirmed 21 country heads across the EMEA region, according to an internal memo seen by Reuters on Thursday. Five of the positions will be filled by employees from recently acquired Credit Suisse, the memo sent to employees by executive board member Beatriz Martin said. Reporting by Noele Illien; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.
Persons: Arnd, Beatriz Martin, Noele, Jason Neely Organizations: Swiss, UBS, UBS Group, Reuters, Credit Suisse, Thomson Locations: Zurich, EMEA
CNN —The children of composer and conductor Leonard Bernstein are defending the actor Bradley Cooper’s portrayal of their late father in an upcoming film. “Bradley Cooper included the three of us along every step of his amazing journey as he made his film about our father,” their statement reads. Leonard Bernstein in 1957. Bettmann Archive/Getty Images“It happens to be true that Leonard Bernstein had a nice, big nose. Bradley chose to use makeup to amplify his resemblance, and we’re perfectly fine with that,” the statement continues.
Persons: Leonard Bernstein, Bradley Cooper’s, Maestro ”, Cooper, Bernstein, Jamie, Alexander, Nina, Instagram, “ Bradley Cooper, , Bradley, “ We’re, ” Cooper, “ Maestro, Felicia Montealegre, Carey Mulligan, Martin Scorsese, Steven Spielberg, Felicia Organizations: CNN, Bettmann, Locations: Massachusetts, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJapan GDP beats expectations: Economist explains why investors aren't reacting extremely positivelyMartin Schulz, chief policy economist at Fujitsu, discusses the pressures that the country's domestic economy faces.
Persons: Martin Schulz Organizations: Fujitsu
The study could not definitively prove whether the steps themselves decreased the risk of developing diseases and dying, or if people who tend to be healthier anyway also get more steps in throughout the day. “I wouldn’t want people to look at that as a magical number, that you must be above that exact step count,” Dr. Martin said. But the new research emphasizes that fitness is not “all or nothing,” she said: Every little bit of exercise helps. The small snippets of movement built into our day — trailing from the bedroom to the bathroom, darting out to get coffee — add up and make a difference, she said. Taking an extra loop around the block, or stepping out for a 10-minute walk break, can have a big impact.
Persons: Jennifer Heisz, , ” Dr, Martin, , Min Lee, Heisz, Lee Organizations: McMaster University, Harvard Medical School
[1/2] Musician Robbie Robertson arrives for the gala presentation of his biopic "Once Were Brothers: Robbie Robertson and The Band" on opening night at the Toronto International Film Festival (TIFF) in Toronto, Ontario, Canada September 5, 2019. The Band included four Canadians - Robertson, Rick Danko, Garth Hudson and Richard Manuel - and was anchored by an Arkansas drummer, Levon Helm. Robbie Robertson later learned that his biological father was a man he described as a "card shark" of Jewish heritage named Alex Klegerman, who was killed in a highway hit-and-run accident before Robertson was born. Danko died at age 55 in 1999. Helm died of throat cancer in 2012.
Persons: Robbie Robertson, Mario Anzuoni, Robertson, Jared Levine, Robbie, Rick Danko, Garth Hudson, Richard Manuel, Levon Helm, Ronnie Hawkins, Bob Dylan, Martin Scorsese's, Helm, Danko, Manuel, Greil Marcus, Eric Clapton, Elton John, Walcott, Jaime Royal Robertson, Rosemarie Dolly Chrysler, Canadian Army enlistee, Jim Robertson, Alex Klegerman, Dylan, Clapton, Joni Mitchell, Neil Young, Van Morrison, Muddy Waters, Scorsese, Jodie Foster, Hudson, Matthew Lewis, Kanishka Singh, Diane Craft, Rosalba O'Brien Organizations: Toronto, Film, REUTERS, Canadian -, Hawks, Big, Beatles, Walcott Medicine, Canadian Army, Six Nations Indian Reserve, Canadian Broadcasting, Thomson Locations: Toronto , Ontario, Canada, Canadian - American, Los Angeles, Arkansas, Woodstock , New York, San Francisco, America, Toronto, Canadian, Mohawk, Cayuga, Ontario, Florida, Chicago, Washington
Penguins are seen on an iceberg as scientists investigate the impact of climate change on Antarctica's penguin colonies, on the northern side of the Antarctic peninsula, Antarctica January 15, 2022. There's no quick fix to replacing this ice," said Caroline Holmes, polar climate scientist at British Antarctic Survey and one of the study's co-authors. The precise impact of climate change on Antarctica and the surrounding ocean has been uncertain and scientists have struggled to measure how much global warming is affecting the thickness of Antarctic ice. "Antarctica is fragile as an environment, but extreme events test that fragility," he said. "What we're deeply concerned about is the increase in intensity and frequency of extreme events and the cascading influences that they have in other areas."
Persons: Natalie Thomas, Caroline Holmes, Tim Naish, " Naish, Martin Siegert, Siegert, David Stanway, Edmund Klamann Organizations: Penguins, REUTERS, Environmental, Antarctic Survey, Antarctic Research, Australia's Victoria University of Wellington, Global, University of Exeter, Thomson Locations: Antarctica, SINGAPORE, New Zealand, Australia
William Friedkin, the maverick film director who helped revolutionize 1970s Hollywood with the electrifying, era-defining classics "The French Connection" and "The Exorcist," died Monday, a representative from his office told the Associated Press. Friedkin won an Academy Award for directing "The French Connection," a white-knuckle 1971 crime thriller about a brash New York City narcotics detective played by Gene Hackman. Friedkin got his big break in 1971 with "The French Connection," a smash with audiences and critics alike. "The French Connection" catapulted Friedkin to the top ranks of American filmmakers, putting him in league with other New Hollywood rising stars like Martin Scorsese, Peter Bogdanovich and Francis Ford Coppola. Friedkin leaped from "The French Connection" to "The Exorcist," adapted from William Peter Blatty's novel of the same name.
Persons: William Friedkin, Sherry Lansing, Friedkin's, Friedkin, Gene Hackman, didn't, That's, Satan, Al Pacino, Sonny, Pauline Kael, Martin Scorsese, Peter Bogdanovich, Francis Ford Coppola, William Peter Blatty's, Linda Blair, Ellen Burstyn, Roger Ebert, Joe, , Kiefer Sutherland Organizations: Associated Press, Paramount Pictures, New, New York, NBC News, Venice Locations: Venice, Italy, New, New York City, L.A, Chicago, Manhattan, Hollywood, New York
Aprilia's Espargaro wins in Britain with last-lap pass
  + stars: | 2023-08-06 | by ( ) www.reuters.com   time to read: +3 min
Espargaro denied Bagnaia his fifth grand prix win of the season by 0.215 of a second, with the top four separated by just 0.750. Espargaro was up to second by lap six, helped also by team mate Maverick Vinales and Jack Miller clashing and running wide ahead of him. "At that time, my plan was to pass him (Bagnaia) and try to go away," said Espargaro. "But when it started to rain I said 'OK, stay quiet behind Pecco, it's better that he open the track'. Honda's six-times MotoGP champion Marc Marquez fell five laps from the finish, continuing a grim run for the struggling Spaniard who has yet to complete a grand prix this season.
Persons: Aleix Espargaro, Francesco Bagnaia, Binder, Marc Marquez, Espargaro, Ducati's Francesco Bagnaia, Bagnaia, Brad Binder, Marco Bezzecchi, Pramac Ducati's, Jorge Martin, Espargaro's, Maverick Vinales, Jack Miller, Portugal's Miguel Oliveira, Martin, Younger, Alex, Alan Baldwin, Alex Richardson, Ed Osmond Organizations: Prix, Silverstone Circuit, Aprilia, Ducati Lenovo, Red Bull KTM Factory, MotoGP, KTM Bezzecchi, Silverstone, South, KTM, Stowe, Spaniard, Ducati, Thomson Locations: Silverstone, Britain, Bagnaia's, Argentina, London
"For many people, the pandemic is now over, and this is time now for travelling far from home," said Corinne Martin, fund manager at Ofi Invest in Paris. The point at which China announced the end of health restrictions in 2022 was probably the best moment to jump into travel stocks. They remain buyers, noting how at 11 times 2024 earnings, the stock displays an unjustified discount and prices no growth. "Now, vacation budget is no more a variable families adjust," said Jerome Schupp, fund manager at Prime Partners in Geneva. European travel and leisure earnings are seen rising 63% this year and 23% in 2024, according to Refinitiv Datastream.
Persons: Corinne Martin, Ofi's Martin, Martin, Goldman Sachs, Jerome Schupp, Schupp, Cristina Matti, Andrea Scauri, Lastminute, Refinitiv, Lucy Raitano, Conor Humphries Organizations: MILAN, Ofi Invest, Paris . Airlines, Royce, World Tourism Organization, China, Traders, Paris Olympics, UEFA European Football, Ryanair, Europe's, Prime Partners, Visa, Air, Thomson Locations: Paris, Europe, Germany, Geneva, Air France, Lemanik, London
Bellerby is a luxury London globemaker that counts astronauts, YouTubers, and artists among its customers. One customer even asked for a globe to be made as a urn for her father with his ashes inside. Euan Myles/Bellerby & Co GlobemakersMost of the cost comes from the labor required to make the intricate globes by hand. All Bellerby's globes are "entirely bespoke," with illustrations painted on by hand, head globemaker Eddy da Silva told Insider. They also added some illustrations, including a mastodon, a giant ground sloth, a glyptodon, and a woolly mammoth.
Persons: Marc Mitchell, Euan Myles, Bellerby, globemaker Eddy da Silva, Martin, Hugo, They've, Toby Essex, Peter Bellerby, Fenster, Reinhold Würth, he'd, globemakers, de Silva Organizations: Service, Bellerby, CliQQ, Würth Locations: London, Wall, Silicon, Peru, Cambodia, Polynesia, St, Kitts
Elon Musk’s Unmatched Power in the Stars The tech billionaire has become the dominant power in satellite internet technology. Today, more than 4,500 Starlink satellites are in the skies, accounting for more than 50 percent of all active satellites. 53% of active satellites are Starlink.” The Starlink satellites are highlighted and are all operating in low-Earth orbit. How Starlink customers connect to the internet Starlink satellites orbit at much lower altitudes than traditional satellite internet services. “Everywhere on earth will have high bandwidth, low latency internet,” Mr. Musk predicted on the Joe Rogan podcast in 2020.
Persons: Elon Musk’s, Mark, Valeriy Zaluzhnyi, Elon Musk, Zaluzhnyi, General Zaluzhnyi, Musk, Musk’s, , Starlink’s, ” Mykhailo Fedorov, Mr, Biden, ” Dmitri Alperovitch, Sir Martin Sweeting, Sweeting, Mike Blake, Patrick Seitzer, Rafael Schmall, Joe Rogan, Jeff Bezos, Starlink, Russia —, Fedorov, , Clodagh Kilcoyne, Nancy Pelosi, Colin H, Kahl, Lynsey Addario, messaged Mr, Lloyd Austin, Gregory C, Allen, we’ve, Mykhailo Podolyak, Volodymyr Zelensky, Jason Hsu, Hsu, “ Elon, Michael McCaul of, Tsai Ing, Tsai, Audrey Tang, Mariana Suarez, Thierry Breton, SpaceX, Chérif El, Amazon Organizations: Joint Chiefs of Staff, Ukraine’s Armed Forces, SpaceX, Tesla, Twitter, Mr, U.S . Defense Department, NASA, Senior Pentagon, The Defense Department, Starlink, European Union, Silverado, Accelerator, Surrey Satellite Technology, Reuters, Airbus, Earth, Getty, Satellite, University of Michigan, National Science Foundation, Rivals, Amazon, Origin, Viasat, Pentagon, CNN, The New York Times, U.S, Defense Department, Center for Strategic, International Studies, Elon, Harvard Kennedy School, Republican, House Foreign Affairs, OneWeb, Agence France, European, United Nations Locations: Ukraine, United States, Iran, Turkey, Japan, Starlink, Crimea, Russian, Starlinks, Europe, Taiwan, China, Beijing, British, Colorado, Cape Canaveral, Fla, , California, Florida, Latin America, Africa, Nigeria, Mozambique, Rwanda, Ukrainian, Russia, Kreminna, Aspen, Colo, Kherson's, Kherson, Dnipro, Shanghai, Taipei, Michael McCaul of Texas, del, Uruguay, European Union
Amazon Fresh is cutting hundreds of store jobs, according to the Washington Post. Amazon has paused Fresh openings and closed some stores over the past year. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyJust under three years after it opened its first store, Amazon Fresh is laying off hundreds of workers. Amazon touted a discount of up to 25% for Prime members at Amazon Fresh this past Prime Day. Are you an Amazon Fresh employee affected by the layoffs or have a story idea to share?
Persons: Jessica Martin, we've, Martin, Andy Jassy, Jason Buechel Organizations: Washington Post, Service, Workers, Post, Amazon, Amazon Fresh, Foods Locations: Wall, Silicon
July 26 (Reuters) - Weapons maker Lockheed Martin (LMT.N) has been awarded a contract by a U.S. Department of Defense agency to develop a nuclear-powered spacecraft for the purposes of exploration and national defense, the company said on Wednesday. Lockheed Martin said the project is an advancement in propulsion technology – from chemical propulsion engines to nuclear thermal propulsion (NTP) engines. "These more powerful and efficient nuclear thermal propulsion systems can provide faster transit times between destinations. The Defense Advanced Research Projects Agency (DARPA) awarded the contract to Lockheed under a project called Demonstration Rocket for Agile Cislunar Operations (DRACO). The in-space flight demonstration of a nuclear thermal rocket engine vehicle will take place no later than 2027, Lockheed said.
Persons: Lockheed Martin, Jeff Bezos, Kirk Shireman, Kannaki, Shailesh Organizations: Lockheed, U.S . Department of Defense, Origin, Elon, SpaceX, Lunar, Lockheed Martin Space, Research Projects Agency, DARPA, Agile Cislunar, Thomson Locations: Bengaluru
Aston Martin races past second quarter expectations
  + stars: | 2023-07-26 | by ( Yadarisa Shabong | ) www.reuters.com   time to read: +2 min
[1/2] FILE PHOTO-Employees work on a car at the Aston Martin factory in Gaydon, Britain, March 16, 2022. Aston Martin kept its 2023 forecast for volumes of about 7,000 vehicles and an adjusted core profit margin of about 20%. Aston Martin reported an adjusted operating loss of 38.9 million pounds ($50.2 million) and revenue of 381.5 million pounds in the quarter to June. Analysts on average had expected an adjusted operating loss of 51 million pounds on revenue of 344 million pounds, according to a company-compiled consensus. Aston Martin said it was also on track to meet its medium-term financial targets.
Persons: Aston Martin, Phil Noble, Amedeo Felisa, Felisa, JP Morgan, James Bond's, China's Geely, Yadarisa, Savio D'Souza, Mark Potter Organizations: Aston, REUTERS, HK, Lucid, Thomson Locations: Gaydon, Britain, Bengaluru
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