Despite a downbeat earnings result in the third quarter, ASML may see an acceleration in its sales growth in 2025 due to the continuous recovery in the semiconductor sector. ADVERTISEMENT ASML experienced a turbulent year in 2024 due to slower-than-expected demand in the semiconductor industry and ongoing geopolitical tensions. At the time of writing, its share price remains flat year-to-date, …
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China EV maker BYD closes in on Tesla as sales 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 …
Read More »Chinese car maker BYD on track to beat Honda and Ford sales
BYD, one of the biggest Chinese electric vehicle (EV) producers, has seen higher sales figures through more car trade-ins in China, edging it closer to its 2024 sales target. ADVERTISEMENT Chinese electric vehicle (EV) manufacturer BYD is on track to sell more cars than established rivals Honda and Ford in 2024, as the company appears to be about to beat …
Read More »Skit maker, Taaooma and her husband welcome their first child, a baby girl (Video)
Popular comedienne and skit maker, Mariam Apaokagi, aka Taaooma, and her husband Abdulazeez Greene, have welcomed their first child together. The proud mother took to Instagram on Thursday, December 5, to share a heartwarming video introducing their baby girl to her fans. The baby girl named, Amani Korede Makeda Greene, was born on November 7, 2024. “Amani …
Read More »Court acquits Lagos furniture maker accused of r3ping his four-year-old daughter
Justice Rahman Oshodi of the Ikeja Sexual Offences and Domestic Violence Court on Tuesday discharged and acquitted a 35-year-old upholstery maker, Taiwo Opasina, charged with alleged s3xual assault of his four-year-old daughter, (name withheld). The judge in his judgment held that the prosecution failed to discharge the burden of proof against Opasina. Oshodi said the prosecution failed to …
Read More »Scandal-hit car maker Toyota sees profits take a tumble
The maker of the Camry sedan and Lexus luxury models revealed that a production stoppage that followed a certification scandal and model recalls had dented sales. ADVERTISEMENT Japan’s biggest car maker, Toyota, saw profits for the July-September period sliding to less than half of what they were in the same period last year. The maker of the Camry sedan and …
Read More »Drop in sales in China hits profits for Japanese car maker Honda
Honda sold more motorcycles globally in the first half of its financial year as demand in Asia rose. However, it saw a fall in car sales, particularly in China. ADVERTISEMENT Profits for the Japanese car maker slipped nearly 20% in the first half of the fiscal year on the same period last year, as sales suffered in China. Honda saw …
Read More »European Commission fines MS drug maker Teva over improper patent use
The European Commission says it has fined the Israeli generic drug maker, Teva, more than €460m for improperly seeking to protect the patent for its multiple sclerosis drug and for disparaging a rival company’s development of a competing medicine. ADVERTISEMENT The European Commission said the pharmaceutical firm “misused the patent system to artificially extend patent protection” for its blockbuster MS …
Read More »Tech Life – The fall of a global chip maker – BBC Sounds
Intel was once unrivalled as the world’s chip maker. Now it’s fallen behind its rivals.
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