Aston Martin has announced plans to raise cash after issuing a second profit warning, expecting a profit of up to £280m in 2024, down from £305.9m last year, due to a delay in Valiant model deliveries. To bolster finances, the company will issue new shares and debt totaling £210m. Facing challenges in China and supply issues, Aston Martin will produce 1,000 fewer cars than planned this year, with shares halving since the beginning of the year.
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Coroner rules what really happened to Jay Slater when he died in Tenerife
Jay Slater, a 19-year-old British teenager who went missing in Tenerife, died accidentally after falling 20 to 25 meters down a ravine while attempting a 14-hour walk home from a night out. The coroner ruled his death as accidental, noting that Slater suffered severe head injuries, and there was no evidence of foul play or duress involved in the incident. Want More Context? 🔎
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