BMW has fallen behind in the electric vehicle race. Can it catch up?
Investors have turned sour on the company’s shares, despite healthy profits
Eirgrid begins ‘ground-breaking’ work on managing green energy flows
National grid operator joins partners on €300,000 project
US stocks end quarter down 20% in biggest drop since 2008
S&P 500 finishes volatile period on sour note with late afternoon sell-off
US economy adds 225,000 jobs in January as wage growth picks up
The unemployment rate ticked up slightly to 3.6%, from December’s 50-year low
US and China reach truce in trade war
Limited deal involves some Chinese concessions in return for tariff relief
General Electric to freeze pension benefits for 20,000 employees
GE is also offering to buy out about 100,000 former employees who are members of the scheme and yet to start collecting their pensions
Ford to cut 10% of global workforce as part of restructuring effort
Move comes amid threat to Cork jobs at car company’s Irish head office
Trump criticises Fed’s interest rate rises
President Donald Trump also voiced his dissatisfaction with the strong US dollar, sending the currency lower
McLaren darts into luxury car passing lane
A former Ford executive is leading the bid to make the company a force at the very top end of the car market
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