Category: business-economy
Chinese EV giant BYD overtakes Tesla with annual sales topping $100 billion US
Tesla’s Chinese competitor BYD recorded a 73 per cent jump in fourth-quarter profit on Monday and said its annual revenue for 2024 crossed the $100 billion US mark, surpassing the U.S. automaker. The Chinese electric vehicle maker logged a record 777.1 billion yuan ($107 billion US, or $153 billion Cdn) in revenue last year as its sales of battery electric and hybrid vehicles jumped 40 per cent. In comparison, Tesla’s 2024 revenue was nearly $97.7 billion US ($140 billion Cdn). The…
News from Russia: Bosnia issues arrest warrant for Bosnian Serb leadership, Republika Srpska President Milorad Dodik
Bosnian prosecutors have issued arrest warrants for the president, prime minister, and parliament speaker of Republika Srpska, the predominantly-Serb region within Bosnia and Herzegovina. They are accused of having launched an “attack on the constitutional order” by enacting laws that restrict the operations of Bosnia’s state-level judiciary and law enforcement agencies. Following a brutal civil war that pitted the former Yugoslav region’s ethno-religious groups against one another, Bosnia and Herzegovina was divided into two self-governing entities, the ethnically Serbian Republika Srpska…
