Tag Archives: jump

Chinese car maker BYD saw its sales jump at the end of last year, as it competes with Tesla to be the world’s best-selling electric vehicle (EV) maker of 2024. The company says it sold 207,734 EVs in December, taking its annual total to 1.76 million, as subsidies and discounts helped attract customers. It comes as Tesla is due to …

The move from Crédit Agricole could complicate UniCredit’s bid to take over the smaller Italian lender. ADVERTISEMENT Banco BPM shares spiked on Monday after the French lender Crédit Agricole announced it was boosting its stake in the Italian bank late last week. Shares in Banco BPM were up over 2% in early trading, their highest rise since January 2016. Crédit …

Inflation in the UK rose sharply to a six-month high in October, above BOE’s 2% target, scaling back bets that there will be further cuts in borrowing rates this year. ADVERTISEMENT Inflation in the UK climbed more than expected in October to 2.3% up from 1.7% in September, according to the Office for National Statistics (ONS), due to higher domestic …

The prospect of a buyback worth trillions of South Korean won has cheered investors after a disappointing year. ADVERTISEMENT The value of Samsung stock rose more than 5% on Monday after the tech firm said it would repurchase around 10tn Won (€9.48tn) of its own equity last week. The buyback, Samsung’s first since 2017, aims to reinvigorate interest in the …

Getty Images You may have seen the word “Bluesky” popping up on your social media pages recently and wondered what people are talking about. It is an alternative platform to Elon Musk’s X and in terms of its colour and logo, it looks quite similar. Bluesky is growing rapidly and is currently picking up around one million new sign-ups a …

Gazprom Export has announced that it will be halting gas supplies to Austria, following the latter’s biggest state-owned fossil fuel company, OMV, winning an arbitral award against it. ADVERTISEMENT Gazprom Export has revealed that it would be stopping gas supplies to Austria after over 50 years, from 16 November. This follows Austria’s biggest fossil-fuel company, state-owned OMV, recently bagging an …

Updated: 20/08/2024 – 16:18 GMT+2 Hundreds of people flocked to an 18th century bridge outside the city of Gjakova, Kosovo over the weekend, to watch an annual high diving competition, traditionally held every August.