Iran Publicly Discloses Supreme Leader's Status For First Time: 'Marginally Injured'

Israeli airstrikes were targeting Lebanon’s main coastal highway south of the capital city of Beirut today, hitting at least seven vehicles and killing 12 people, along with wounding an unspecified number of others. The main strikes were reported earlier in the day between Beirut and the key port city of Sidon, but there were other, […]

China's EV Giant BYD Misses Earnings, Enters Brutal New Phase Of Competition BYD is entering a tougher phase after releasing weaker-than-expected financial results and signaling growing pressure in China’s electric vehicle market, according to Bloomberg. Chairman Wang Chuanfu described the current environment as having “reached a fever pitch, and is undergoing a brutal ‘knockout stage.’” The company’s stock fell at the opening of trading in Hong Kong, reflecting investor concerns. Its latest quarterly results showed a sharp drop in profitability, with earnings and revenue both missing forecasts. This downturn followed a...