Tag Archives: sees

Plug-in hybrids saw the most rapid growth in 2024, attracting a second generation of electric vehicle buyers who are nervous about buying pure EVs or looking for the more extended range that hybrids can provide. ADVERTISEMENT Sales of all types of electric vehicles rose more than 40% in China last year, while those of petrol-powered car plunged, industry data has …

A Nigerian man, Obehi, has hailed his “wonderful” landlady and her equally “wonderful” CCTV.    “My landlady and her CCTV are very wonderful. She sees everyone that comes home with a babe but never sees who leaves the water pumping machine On for hours. Amazing,” he wrote on X.     

The unit has suffered from rocky economic conditions, fierce competition from Asian manufacturers, and a pressure to decarbonise. ADVERTISEMENT Thyssenkrupp has downgraded the value of its steel business by a further €1bn, blaming weak earnings expectations and the costly process of going green. The German industrial firm announced a yearly net loss of €1.4bn, mainly attributable to the write-down, which …

The Czech power company CEZ recently signed a deal with Britain’s Rolls-Royce SMR to develop and build small modular nuclear reactors. The company attributed the fall in profits to lower earnings in trading and mining. ADVERTISEMENT The Czech power company CEZ on Tuesday reported net profit of 23.4bn Czech crowns (€926.5m) in the first three quarters of the year, 6.4bn …

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 …

As part of the re-organisation, HSBC also announced the first-ever female finance chief in the bank’s 159-year history. Pam Kau, currently the chief risk and compliance officer, has worked for the bank for more than a decade. ADVERTISEMENT HSBC’s new chief executive officer (CEO), Georges Elhedery, has announced a major overhaul of the bank’s structure, splitting geographically into eastern and …

Despite being unable to beat a top-40 player for the first time, Fearnley looks likely to consolidate his place in the top 100 after a fine week in the Swedish capital. Stepping up to the top-level ATP Tour, Fearnley won two qualifying matches before beating tricky Frenchman Corentin Moutet in the first round of the main draw to reach the …

Stellantis extended its quarterly delivery decline in the US, with car sales falling 20% year-on-year. The company is committed to reducing inventory levels, which it views as the primary challenge. ADVERTISEMENT Stellantis delivered 305,294 vehicles in the third quarter, a sharp 19.8% drop from the same period last year, marking its fifth consecutive quarterly sales decline in the US. The …