Bloomberg Ford Motor Co moved to second place in US electric-vehicle sales, behind Tesla Inc. and overtaking General Motors Co., whose Chevrolet Bolt EV has been hobbled by a recall. Ford’s performance was buoyed by the Mustang Mach-E, which notched 27,140 sales in 2021, its first full year on the market, according to a statement. The automaker is tripling …

  Bloomberg Oil has rocketed to a fresh seven-year high near $93 a barrel, and almost every indicator is pointing to the rally extending. The market’s structure is trading at its strongest level in years, indicating scarce supply. Diesel — the fuel that helps power the global economy — is also surging as a cold snap hits the US and …

  Bloomberg Chancellor Rishi Sunak announced a raft of measures as the UK government sought to get a grip on a burgeoning cost-of-living crisis, with millions of Britons facing record increases in their energy bills. “The government is going to step in to directly help people manage those extra costs,” Sunak said in the House of Commons, saying his intervention …