Sales of luxury cars, including Rolls-Royce, Bentley and Porsche, were at record highs in 2021, despite chip shortages and reduced supply in the mass segment. Luxury car manufacturers including Rolls-Royce, Bentley and Porsche have reported record sales in 2021 despite a global chip shortage, The...

Experian, the world's largest credit data provider, said on Friday that it expects to witness a surge in the demand for its services related to the buy-now-pay-later (BPNL) sector and was focused on adding more clients to the segment.   According to Chief Communication Officer Nadia...

US company Tesla has started accepting Dogecoin cryptocurrency for payment, according to the company's website. "Tesla only accepts Dogecoin. Tesla cannot receive or identify any other digital assets," the company notes. Users will need a "Dogecoin wallet" to make purchases from the Tesla shop. The...

Ford's market capitalisation has surpassed $100bn for the first time in its history: the carmaker's shares have reached their highest price in 20 years at $25.87 a share. The giant now ranks fourth among global automakers by market value, behind Tesla, Toyota and Volkswagen. Market capitalization...

Citigroup Inc employees in the United States who have not been vaccinated against Covid-19 by January 14 would be placed on unpaid leave and dismissed by the end of the month unless an exemption is granted, said reports based on a company memo.   The bank, which is based in the United...

Owner of the rights to the game GTA has announced the purchase of developer Zynga, which also produces the game FarmVille. Zynga shares rose nearly 50 percent on the premarket on the news. Take-Two, which owns the rights to the game GTA, has agreed to buy developer Zynga, known for mobile games...

Uranium is up 9% amid protests and unrest in Kazakhstan. There is no shortage of uranium yet, but investors are concerned about the situation in the country, which produces over 40% of the product in the world. Uranium is up 9.26% to $46 a pound on COMEX. The price is rising because of recent...

In 2021, electric cars accounted for nearly two-thirds of new car sales in Norway, with Tesla being the best-selling brand overall, as the country strives to be the first to phase out gasoline and diesel vehicles.   While Norway has the highest proportion of electric vehicles in the world,...

BMW has surpassed Mercedes in annual sales of premium cars for the first time since 2015, the Munich-based carmaker's head of sales Pieter Nota told on LinkedIn. BMW has not yet provided detailed sales figures for the year, they will be released on 12 January, the company spokesman clarified. But...