From Underdog to Market Leader: How BYD Outmaneuvered Tesla in the Global EV Race

The electric vehicle (EV) industry has witnessed a seismic shift in 2025, with China’s BYD officially surpassing Tesla in global sales—a milestone that seemed unthinkable just three years ago. This reversal of fortunes stems from divergent strategies: Tesla’s premium-focused approach versus BYD’s mass-market dominance. Key Turning Points: Tesla’s Missteps: Global Expansion:BYD’s new factories in Hungary,…

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Investment Banking on Track for Worst Streak in Over a Decade

Overview & ContextInvestment banking—the engine of Wall Street advisory revenue—is enduring its bleakest streak since at least 2014. For the 14th consecutive quarter, it is contributing less than 25 percent of total revenues at the five largest U.S. banks: JPMorgan, Bank of America, Citigroup, Goldman Sachs, and Morgan Stanley. During the same period, trading revenue has…

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CoinDCX Closes Ranks Amid WazirX Accusations

Crypto in India is entering its next phase of maturity—and the recent exchange of allegations between CoinDCX and WazirX brings regulatory transparency into sharp focus. 🚨 Allegations Raised WazirX filed affidavits in Singapore, asserting that CoinDCX transferred customer assets to a Lithuania-based entity that did not secure FIU approval until February 2025—raising concerns over possible…

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Africa’s Top Garment Exporter Could Fold Under US Tariffs, Minister Warns

The tiny mountain kingdom of Lesotho—Africa’s leading garment exporter to the U.S.—is on the brink of economic collapse after the Trump administration imposed staggering 50% tariffs on its textile exports. Trade Minister Mokhethi Shelile called the move a “national disaster,” with factories already shuttering and 40,000 jobs at risk in a country where textiles account…

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Traders Cash In Big as U.S. Copper Tariff Sparks Frenzy

In a dramatic twist following President Trump’s announcement of a 50% tariff on copper imports starting August 1, major commodity traders—Trafigura, Mercuria, Glencore, and IXM—are positioned to reap an estimated $300 million windfall. Within minutes of the tariff announcement, U.S. copper prices on the COMEX surged 13%, creating a staggering 28% premium over London Metal Exchange…

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Nvidia Becomes First Company to Reach $4 Trillion Market Cap, Driving Tech Rally

Nvidia has officially entered the history books by briefly reaching a $4 trillion market valuation on July 9, 2025—the first public company ever to do so. Its shares surged roughly 2.6–2.8%, trading between $163.93 and $164.42 intraday, before the market paused on this unprecedented milestone . This record-setting performance reflects a sustained 40% rebound since early…

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Berlin Weighs €4 Billion Power Subsidy for Heavy Industry Amid Budget Tensions

LeadGermany is poised to unveil a powerful economic lever: a proposed €4 billion subsidy to slash electricity costs for energy-intensive sectors—spanning chemicals, glass, plastics, and more—as it confronts stagnation, high energy prices, and coalition discord. 1. What’s on the Table The proposed plan, spearheaded by Economy Minister Katherina Reiche, seeks to extend state-backed electricity price support from…

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Garanti BBVA Kripto Taps Wyden to Power Digital Asset Trading

LeadGaranti BBVA Kripto, the crypto arm of one of Turkey’s largest banks, has partnered with Wyden to build a cutting-edge digital asset trading infrastructure that enhances access, compliance, and efficiency for retail and institutional clients. 1. A Partnership with Purpose At the heart of this collaboration is Wyden’s institutional-grade trading platform—offering seamless execution across Turkish…

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