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Electric cars jolt Europe sales for 2023
Electric cars jolt Europe sales for 2023
Economy
by  AFP

New car sales in Europe rebounded by 13.9 percent in 2023 as electric vehicles overtook diesel for the first time, an industry group said on Thursday. Volkswagen remained in pole position among car manufacturers, with the group selling 2.8 million new cars in 2023, up by 18 percent on the previous year.

Tata Steel to cut 3,000 jobs in Wales: source
Tata Steel to cut 3,000 jobs in Wales: source
Economy
by  AFP

Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source said Thursday, as the industry struggles to finance greener production of the metal. Towards the end of last year, the UK government provided £500 million ($634 million) to fund the production of "greener" steel at the country's biggest steelworks, while saying that 3,000 jobs were still at risk.