Electric vehicles, prized for their acceleration, are speeding up. Bloomberg NEF estimates the global electric vehicle market will this week pass the milestone of 4 million sold to date, according to a report published recently. Having taken about five years to get to the first million, the last million were sold in about six months. Four million vehicles sold in ...

There’s no doubt that the US economy is in a boom. The Conference Board is reporting the highest levels of job satisfaction in more than a decade. This is probably because of a tight labour market — the ratio between the unemployment level and the number of job vacancies is at its lowest level in a half-century: A broader measure, ...

Bloomberg Industrial & Commercial Bank of China (ICBC) Ltd. posted its fastest profit growth since September 2014 as margins and asset quality improved, but flagged challenging times ahead as the trade war with the US intensifies. Net income at the world’s largest lender by assets rose 5.8 percent to 81.6 billion yuan ($11.9 billion) in the quarter ended June from ...