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Category: 3. Business

  • Nottingham food waste trial reduced after ‘disappointing’ uptake

    Nottingham food waste trial reduced after ‘disappointing’ uptake

    Green Party councillor for Berridge, Shuguftah Quddoos, said it had been difficult to get people involved.

    “Overall, it’s been disappointing, take-up has been low,” she said.

    “It’s a challenging neighbourhood because we have a really mixed community here of all ages and all backgrounds, so it’s been a real challenge to raise awareness.”

    She added she is optimistic, however, that more people can be convinced.

    “A generation ago, none of us had a brown [recycling] bin, none of us recycled at all, it was a new concept, so changing behaviour and changing your routine to do things differently is always going to be a challenge,” she said.

    “It was a challenge for me, and once I understood that this food waste is going to power buses and heat homes, I was like – ‘this is great’.”

    Local resident Mark Shotter said taking part had been very straightforward.

    “The peelings and other bits of food that can’t be used for whatever reason simply go into the little food waste bin which I’ve got next to my general waste bin,” he said.

    “When it gets full enough, I take it outside and put it into the larger food waste bin provided by the council. There’s no real extra work involved as far as I’m concerned, it’s just a case of which bin you put it in.”

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  • BYD Surpasses Tesla as the World’s Top Electric Vehicle Seller

    BYD Surpasses Tesla as the World’s Top Electric Vehicle Seller

    Beijing (TDI): More than a decade after Elon Musk publicly brushed off China’s BYD, the electric vehicle maker has achieved what once seemed unlikely: overtaking Tesla to become the world’s largest seller of fully electric vehicles.

    BYD announced on Thursday that it sold 2.26 million battery-electric vehicles in 2025, marking a year-on-year increase of nearly 28 percent. Tesla, by contrast, reported 1.64 million vehicle deliveries, an 8 percent decline from the previous year and its second straight annual drop. Tesla’s fourth-quarter performance was particularly weak, with deliveries falling about 16 percent compared with the same period in 2024.

    The moment is symbolic. In a 2011 interview, Musk had dismissed BYD outright, questioning the quality of its cars and saying he did not view the company as competition. Fourteen years later, BYD’s rapid rise has reshaped the global EV market.

    Tesla’s struggles in 2025 stemmed from multiple pressures. Intensifying competition from Chinese automakers squeezed market share, while the company also faced reputational challenges linked to Musk’s political comments. According to media reports, Tesla sales weakened in several key regions as consumer sentiment shifted. The situation worsened after the United States ended its $7,500 EV tax credit in late September, dampening demand more than analysts had anticipated.

    Read More: Elon Musk Stays in the Driver Seat as Tesla Denies Leadership Change

    Founded in 1995 as a battery producer, BYD, short for “Build Your Dreams”, has steadily transformed into a dominant force in China’s new-energy vehicle industry. Unlike Tesla, BYD sells both fully electric and plug-in hybrid models, allowing it to reach a wider customer base. Its focus on affordable, high-volume vehicles has paid off, particularly in China, the world’s largest EV market.

    Read More: Tesla Sales in the Netherlands Plummet by Nearly 50% in Q1

    Despite facing steep tariffs in the US, BYD has aggressively expanded abroad. In 2025 alone, the company exported more than one million vehicles, a 150 percent jump from the year before. December set a record with 133,000 vehicles shipped overseas, and new factories in Brazil and Hungary are expected to come online soon to strengthen its global footprint.

    Industry analysts point to BYD’s vertical integration as a key advantage. By manufacturing its own batteries and key components, the company has been able to control costs and protect profit margins at a time when many rivals are struggling.

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  • Probabilistic slope stability assessment of variably saturated overburden dump slopes

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  • Core-based recognition of well proppant particles using an enhanced ResNet model

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  • With 72% ownership of the shares, Nedbank Group Limited (JSE:NED) is heavily dominated by institutional owners

    With 72% ownership of the shares, Nedbank Group Limited (JSE:NED) is heavily dominated by institutional owners

    • Significantly high institutional ownership implies Nedbank Group’s stock price is sensitive to their trading actions

    • The top 8 shareholders own 52% of the company

    • Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business

    AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part – they are all under $10bn in marketcap – there is still time to get in early.

    Every investor in Nedbank Group Limited (JSE:NED) should be aware of the most powerful shareholder groups. With 72% stake, institutions possess the maximum shares in the company. Put another way, the group faces the maximum upside potential (or downside risk).

    Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. Therefore, a good portion of institutional money invested in the company is usually a huge vote of confidence on its future.

    Let’s take a closer look to see what the different types of shareholders can tell us about Nedbank Group.

    Check out our latest analysis for Nedbank Group

    JSE:NED Ownership Breakdown January 3rd 2026

    Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices.

    Nedbank Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there’s always a risk that they are in a ‘crowded trade’. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Nedbank Group’s historic earnings and revenue below, but keep in mind there’s always more to the story.

    earnings-and-revenue-growth
    JSE:NED Earnings and Revenue Growth January 3rd 2026

    Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Nedbank Group is not owned by hedge funds. The company’s largest shareholder is Public Investment Corporation Limited, with ownership of 17%. Allan Gray Proprietary Ltd. is the second largest shareholder owning 8.4% of common stock, and Coronation Fund Managers Limited holds about 5.4% of the company stock.

    On further inspection, we found that more than half the company’s shares are owned by the top 8 shareholders, suggesting that the interests of the larger shareholders are balanced out to an extent by the smaller ones.

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  • Study on sand particle transport characteristics below the screw pump in a sand producing oil well based on laboratory experiments and numerical simulations

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  • Forget Cloud Dancer – 2026 is the year of the rainbow bathroom

    Forget Cloud Dancer – 2026 is the year of the rainbow bathroom

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    Avocado is a faddy fruit. Before being smashed onto every piece of toast, it inspired an era of buttery-green bathroom suites that a generation of boomers have since tried to forget. The trend fell out of favour in the 1990s as homeowners decisively returned to white, but colour has been creeping back and sinks are proving a popular fixture for a whole range of shades. 

    The powder room in Marta Ferri’s home featuring a Bleu Provence basin and de Gournay handpainted Jardin Chinois wallpaper

    “It’s wonderful to see colour re-emerging,” says Sophie Rowell, director and founder of Côte de Folk, who recently mounted a blue Burlington cloakroom basin onto Robert Kime’s Sunburst Green wallpaper in a London home. “It’s nostalgic, yes, but today’s take feels more intentional and sophisticated, and we’re seeing it used to create personality and warmth without overpowering the space,” she says. This is partly thanks to clever colour pairings. In the powder room of her Varese home, Italian fashion designer Marta Ferri installed a tangerine sink to match the orange handpainted de Gournay wallpaper. Meanwhile at Villa Colucci, a 19th-century palazzo available to rent in Puglia, vibrant contrasts include a custom blue Sbordoni basin set against green and yellow walls.

    Studio Duggan custom enamelled lava stone basin for a London home
    Studio Duggan custom enamelled lava stone basin for a London home © Dean Herne
    Custom-designed basins finished in a microcement coloured render for a Tamsin Johnson project in Boreen Point, Australia
    Custom-designed basins finished in a microcement coloured render for a Tamsin Johnson project in Boreen Point, Australia © Anson Smart

    The enthusiasm for colour is being driven by a younger customer base. “We are now experiencing an ever-increasing shift towards much younger clients,” says Sam Powell, founder of The Bold Bathroom Company, which has supplied retro fittings for films including Paddington and Avengers: Age of Ultron. “This is the first time they’ve had the pleasure of seeing anything other than plain white bathrooms, and they love it.” Also meeting this demand is The Water Monopoly, which first introduced pastel tones with its Rockwell range in 2015. “It was a slow start,” says the brand’s director Justin Homewood. “Only brave designers were using the colours at first. But in early 2018 it really took off and we’re now seeing people mixing colours too.” The Water Monopoly’s most popular hue is willow green, followed by powder blue and sherbet yellow – a soft shade used by designer Pernille Lind for a private residence in Copenhagen, and Sara Garza of Punch World Studio for her own timber-clad bathroom in Dallas. 

    The Water Monopoly sink in a bathroom by Finch Studio
    The Water Monopoly sink in a bathroom by Finch Studio © Finch Studio

    Poland-based Finch Studio packs a punch with The Water Monopoly’s purple sink, deployed as an unexpected visual anchor. “In my work, basins are never just functional objects – I treat them like sculptures, capable of setting the tone for the entire room,” says founder Magdalena Kwoczka. “Clients are intrigued by the idea of making one striking element the focal point, and a sink is a perfect candidate: it has a small surface area, yet completely transforms the mood – richer colours feel dramatic and immersive, while pastels can bring a whimsical touch.”

    Pyrolave vanity in a bespoke green for Cowley Manor Experimental in Cheltenham
    Pyrolave vanity in a bespoke green for Cowley Manor Experimental in Cheltenham, by Dorothee Meilichzon of Chzon © Patrick Locqueneux/Pyrolave Architecture
    Kast Kern basin, £1,400
    Kast Kern basin, £1,400

    Colour is not limited to ceramic. Concrete creates a thoroughly modern look, with manufacturers such as Kast and US maker Concretti Designs producing basins in all shapes and shades. For something glossier, lava stone clads entire counters and sinks for a sleek, streamlined finish. “Customers particularly like it for its technical performance – it won’t fade, delaminate or be affected by chemicals,” says Geoff Leach, a representative of Pyrolave, which produces enamelled Volvic lava stone extracted from quarries in the Auvergne, France. From the thousands of Pyrolave colours to choose from, Studio Duggan picked a golden yellow for a curved custom basin at a London house, while designer Dorothée Meilichzon opted for rich reds and olive for the basins at the Cowley Manor Experimental hotel in the Cotswolds. “When I started to work on hotels in 2012, most were covered in white marble, which I found super-boring,” she says. “Lava is the best way to introduce colour while using a high-quality material.” 

    The Bold Bathroom Company children’s bathroom at the home of Charlotte and Angus Buchanan of Buchanan Studio
    The Bold Bathroom Company children’s bathroom at the home of Charlotte and Angus Buchanan of Buchanan Studio © Alicia Waite
    Sara Garza’s Dallas bathroom
    Sara Garza’s Dallas bathroom

    The rainbow of tones on offer means bathrooms no longer need resemble globs of guacamole to be fun. “Enough time has passed that we can embrace colour again,” concludes Rowell. “And not as a fleeting trend, but as a design statement that feels both fresh and enduring.” 

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  • Tesla loses ground to China, but the battery war isn’t over

    Tesla loses ground to China, but the battery war isn’t over

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    Tesla is no longer the world’s foremost electric vehicle maker — a decline in last-year’s sales, disclosed on Friday, has left it second fiddle to China’s BYD. But cars aren’t the only territory Elon Musk’s company is attempting to stake out. For big batteries, Tesla may be able to put up a stronger fight.

    Chinese battery makers have one major advantage: their products get cheaper every year. That’s helped them lap competitors in supplying power sources for electric vehicles: the country produces 75 per cent of the world’s lithium-ion batteries. Then there are the huge rechargeable batteries used by electricity grids. Chinese giants such as CATL have also made inroads there, but their position is not unassailable.

    Energy storage systems are becoming a critical part of renewable power rollouts as solar and wind adoption grows. They store electricity when there is excess power on sunny or windy days, and grids increasingly depend on such batteries to stabilise frequency.

    These systems used to be a niche business for global battery makers, which derived their fattest margins from making vehicles. But utilities and data centres have been deploying energy storage as core infrastructure. CATL, BYD and Eve Energy have been the biggest beneficiaries of this shift, as have system integrators such as Sungrow and Huawei.

    CATL now accounts for nearly 40 per cent of the global market. In Europe, Chinese groups grew their share particularly fast in 2024, up two-thirds year over year, according to Wood Mackenzie data. Sungrow is leading the expansion, more than doubling its market share to 21 per cent.

    Yet the US, the biggest customer base after China by installed capacity, has been an exception. Tesla dominates there with a 39 per cent share, despite Chinese rivals having a significant pricing advantage.

    The reason for this American exceptionalism is that for grids, hardware is not the full package. Tesla sells a product that bundles kit, software, grid integration and long-term service into a single offering. Grid operators can’t take chances: they are providers of critical infrastructure and have lifespans of around 20 years. That makes warranties and accountability more important than incremental differences in battery cell costs.

    Europe’s current openness to Chinese batteries may prove temporary for the same reasons. As storage projects grow in scale and batteries become more embedded, prices may become less important than integration capabilities and the provider’s record. Chinese makers will no doubt focus on warranties and integration too, but political risk works against them.

    For now, Chinese makers still have a significant chance to gain more ground. They are improving technology rapidly and benefit from scale. But where electric car buyers seem increasingly willing to go Chinese, unhappily for Tesla, the giant battery market may follow a different path.

    june.yoon@ft.com

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