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20.04.26 - 13:42
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Electric car sales soar 51% in mainland Europe as Iran war drives up fuel prices (The Guardian)
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Norway leads the way in terms of switching as data shows 224,000 new EVs were registered in MarchBusiness live – latest updatesSales of electric cars soared 51% in continental Europe last month, amid a rise in petrol and diesel costs driven by the Iran war.Data shows that 224,000 new electric vehicles (EVs) were registered in March, and 500,000 across the first three months of the year – a 33.5% increase on a year earlier, according to analysis of national sales data in 15 countries by New AutoMotive and E-Mobility Europe, a trade body. Continue reading......
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20.04.26 - 13:00
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ByteDance profit plunges on AI push as TikTok Shop powers overseas growth: reports (SCMP)
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ByteDance, the parent company of TikTok and Douyin, saw its net profit plummet by more than 70 per cent in 2025 as it poured money into artificial intelligence, according to Chinese media reports.
At the same time, revenue from overseas markets surged by nearly 50 per cent, far outpacing the roughly 20 per cent growth in China, according to reports on Monday by outlets including Securities Times and 36Kr, which cited a person familiar with the matter.
For the first time, overseas revenue......
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