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- BusinessAFP News
European stocks advance before German spending vote
European stocks rose on Tuesday as investors prepared for Germany's lawmakers to vote on a massive spending boost for defence and infrastructure, while escalating geopolitical fears supported commodities.The Frankfurt stocks index advanced more than one percent as concerns grow over the United States' wavering committment to European defence.
3-min read - BusinessAFP News
China EV giant BYD soars after 5-minute charging platform unveiled
Shares in Chinese EV giant BYD surged to a record high Tuesday after it unveiled new battery technology it says can charge a vehicle in the same time it takes to fill up a petrol car.- Battery swap deal - Separately, on Tuesday, Chinese EV maker Nio said it had signed a deal with battery giant CATL involving cooperation on a passenger car battery swap network.
2-min read - NewsAFP News
Trump, Putin to speak about Ukraine war
Donald Trump and Vladimir Putin will hold a highly-anticipated phone call Tuesday to discuss the Ukraine war, with Kyiv and its European allies demanding that Russia agree to an unconditional US-proposed ceasefire. Kyiv has agreed to halting fighting, but Putin instead set a string of conditions, with European countries criticising him for not committing to an immediate ceasefire.
4-min read - NewsAFP News
Israel vows to fight on in Gaza after deadliest strikes since truce
Israel vowed on Tuesday to continue fighting in Gaza until all hostages are returned as it unleashed its most intense strikes since a ceasefire, with the health ministry in the Hamas-run territory reporting more than 400 people killed.The health ministry in Hamas-run Gaza said the bodies of 413 people had been received by Gaza hospitals.
5-min read - NewsAFP News
'I'm alive': Russian Kursk evacuees reunite with families
Russian pensioner Olga Shkuratova trembled, clutching a scrap of paper bearing a handwritten phone number for her son., she shouted down the phone to her son, who lives more than 1,000 kilometres (620 miles) away in a region north of Moscow.
3-min read - BusinessReuters
Analysis-Fintechs and crypto companies seek bank charters for growth
Financial technology firms and crypto companies are seeking to become state or national banks in a bid to expand their business under the Trump administration that they view as more industry-friendly, according to more than half a dozen industry executives. Firms that had been seeking to expand and gain credibility with customers see an opportunity under U.S. President Donald Trump to get licenses that regulators were previously slow or reluctant to approve. Discussions and preparations for ba
4-min read - BusinessAFP News
Xiaomi posts 2024 revenue surge as EV push deepens
Chinese consumer tech giant Xiaomi on Tuesday announced a surge in annual revenue, propelled by strong smartphone sales alongside a continued push into the electric vehicle sector.But Xiaomi's traditional strength -- another business segment that includes smartphones -- still accounted for the bulk of sales, with revenue reaching 333.2 billion yuan last year.
2-min read
