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BYD shares slide as China's EV price war hits profits

Upworthy Monday, 1 September 2025 ()
BYD shares slide as China's EV price war hits profits Shares of Chinese electric vehicle maker BYD slid by as much as 8% on Monday after it reported a drop in profit because of a price war in China's car sector. The carmaker had on Friday reported that its net profit fell to 6.4bn yuan ($900m;…
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News video: Putin WARNS US & West Hours Before China Visit |Russia–China Axis Rises Against Trump's Sanction War

Putin WARNS US & West Hours Before China Visit |Russia–China Axis Rises Against Trump's Sanction War 03:30

 On the eve of his China visit, President Vladimir Putin warned the U.S. and the West against trying tocripple Russia’s economy with sanctions. Acknowledging recession risks due to oil curbs and the war in Ukraine, Putin emphasized Russia’s unity with China, declaring joint opposition to...

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