Tesla sales slip as it loses EV crown to China’s BYD in 2025

Tesla sales slip as it loses EV crown to China’s BYD in 2025

BYD reported that it sold 2.26 million EVs last year. File | Photo Credit: Reuters Tesla on Friday (January 2, 2026) reported lower sales than expected in the fourth quarter of 2025, ceding its position as the world’s biggest electric vehicle company in annual sales to Chinese auto giant BYD. The American company led by…

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Time to sort out India’s cereal mess

Time to sort out India’s cereal mess

The recent controversy in Tamil Nadu over paddy procurement during the short-term kuruvai season has only strengthened the need for a relook at the procurement system of foodgrains as a whole. In this case — as in many States — the Tamil Nadu Civil Supplies Corporation (TNCSC), which procures paddy on behalf of the Food…

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BYD’s China EV deliveries sharply decline in December, but lead overall sales in 2025

BYD’s China EV deliveries sharply decline in December, but lead overall sales in 2025

MUNICH, GERMANY – SEPTEMBER 09: The Chinese producer of electric cars BYD presents its vehicles (EV) on the opening day of the IAA MOBILITY 2025 automobile fair on September 09, 2025 in Munich, Germany. The IAA is taking place as German automakers are seeing profits lag and are struggling to maintain market share while Chinese…

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Norway new car sales hit 96% electric in 2025 as Tesla dominates

Norway new car sales hit 96% electric in 2025 as Tesla dominates

A Tesla car is being charged at a Tesla electrical vehicle charging station in Norheimsund, Norway on August 22, 2025. Sergei Gapon | Afp | Getty Images A record-breaking year for electric vehicle (EV) sales in Norway puts the country within touching distance of effectively erasing gasoline and diesel cars from its new car market….

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‘No tax on tips’ could end large-group restaurant service fees

‘No tax on tips’ could end large-group restaurant service fees

Many restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips for their workers under the new tax laws. The “no tax on tips” provision in President Trump’s One Big Beautiful Bill Act allows certain workers to deduct up to $25,000 in “qualified tips” per year…

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China’s property slump to persist as consumers shift to rentals: UBS

China’s property slump to persist as consumers shift to rentals: UBS

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email John Lam, Head of China & HK Property Research at UBS Investment Bank, explains why he sees a 10% decline in property prices and new home sales in China for 2026. He also explains why defaulting developers like China Vanke are having…

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Rising stocks, IPOs helped create 287 new billionaires this year

Rising stocks, IPOs helped create 287 new billionaires this year

Wall Street sign in New York with American flag and Christmas tree lights in the background. Mwelsh | Istock | Getty Images Rising stock markets, a return of merger activity and flowing inheritances helped create 287 new billionaires this year, bringing the global total to over 2,900, according to a new report. Billionaire wealth reached…

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Hassett says Fed independence is ‘really important’ and chair candidates shouldn’t be disqualified for being Trump’s friend

Hassett says Fed independence is ‘really important’ and chair candidates shouldn’t be disqualified for being Trump’s friend

National Economic Council Director Kevin Hassett, one of the finalists for the Federal Reserve chair job, showed support Tuesday for central bank independence. With President Donald Trump apparently in the final days of picking a successor to Jerome Powell at the Fed, Hassett declined in a CNBC interview to directly address his own candidacy but…

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Visa says holiday spending rose 4.2% via AI, tech and apparel growth

Visa says holiday spending rose 4.2% via AI, tech and apparel growth

U.S. consumers showed resilience this holiday season, driving retail spending up 4.2% year over year, according to preliminary data released Tuesday by Visa. The report from Visa Consulting and Analytics indicated that despite lingering economic headwinds, shoppers were still spending, particularly on technology and personal goods. The findings tracked payments activity over a seven-week period…

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Bajaj Auto sales up 14% at 3,69,809 units in December

Bajaj Auto sales up 14% at 3,69,809 units in December

👉 Visit the Official SleepLean Website NEW DELHI: Bajaj Auto Ltd on Friday reported a 14 per cent rise in total sales at 3,69,809 units in December 2025 as compared to 3,23,125 units in the same month of 2024.Total domestic sales were at 1,69,373 units last month as against 1,62,420 units in the year-ago period,…

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