BYD shares rally after it rolls out new technology that charges EVs in five minutes

A recent analysis by Action for Children has revealed that scrapping the two-child benefit cap could lift 600,000 children out of poverty in the next five years, at a cost of £3.9bn per year. The charity argues that this move is the most cost-effective policy option to improve the lives of children, compared to other measures to increase parents' income. Labour is currently working on a child poverty strategy led by Liz Kendall and Bridget...

Talks on a ceasefire in Russia's war with Ukraine are set to continue in Jeddah, Saudi Arabia on Sunday, according to US President Donald Trump's special envoy Steve Witkoff. Following a phone call between Trump and Russian President Vladimir Putin, Witkoff stated that discussions on a ceasefire deal, including agreements on energy infrastructure and targets in the Black Sea, have been reached with the Russians, expressing hope that the Ukrainians will also agree to the...

Nvidia's CEO Jensen Huang revealed at a conference in San Jose, California that while co-packaged optics technology will be used in new networking chips for energy efficiency, it is not yet reliable enough for flagship GPUs due to the superiority of traditional copper connections. Silicon Valley is investing in optics technology for AI systems, with companies like Ayar Labs and Lightmatter raising significant venture capital. Nvidia is aiming to increase computing power with new server...

In the midst of their rebuilding phase, the Nets are focusing on player development and youth, with Maxwell Lewis emerging as a standout performer. Lewis, the youngest player on the team, showcased his talent by scoring 25 points in a weekend back-to-back against the Celtics and Hawks, making a significant impact after a slow start to his career. Despite being traded and facing injuries, the 22-year-old has brought energy and enthusiasm to the team, aiming...

Ecuador's President Daniel Noboa is calling for US, European, and Brazilian armies to join the fight against criminal gangs, particularly in combating drug trafficking routes. He wants US President Donald Trump to designate Ecuadorean gangs as terrorist groups and is seeking foreign military aid to address escalating violence in the country. Noboa has faced criticism for his tough tactics, including a partnership with Erik Prince, founder of Blackwater, to combat gang activity. Despite concerns about...

Shares of the largest Japanese trading houses surged after Warren Buffet's Berkshire Hathaway increased its stakes in Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo by over 1 percentage point each, holding between 8.5% and 9.8% in each company. This move, revealed in a regulatory filing on Monday, caused stock prices to rise by at least 4% for all five companies. Buffett previously expressed his plans to boost ownership in Japanese stocks, particularly in the top five...