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UK targets spending cuts to mend public finances
UK targets spending cuts to mend public finances
by  AFP

Britain's Labour government will deliver a highly anticipated fiscal update on Wednesday, with finance minister Rachel Reeves expected to detail billions of pounds of spending cuts to address the country's struggling economy.

Chinese EV giant BYD surpasses rival Tesla with record 2024 revenue
Chinese EV giant BYD surpasses rival Tesla with record 2024 revenue
by  AFP

Chinese carmaker BYD saw a surge in revenue last year, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion. That figure eclipsed the $97.7 billion in revenue last year announced previously by Tesla.

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