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 ...

  Abu Dhabi / WAM Ghitha Holding (formerly Zee Stores), a regional foodstuff trading and distribution company and a subsidiary of International Holding Company (IHC), on Friday announced its fourth quarter and annual financial results with a net profit of AED59.7 million in 2021. The company’s financial statements indicated a healthy cash flow, with a strong cash position attributed to ...