Electric and hybrid vehicles will account for nearly half the cars on the road by 2040, Goldman predicts

Electric and hybrid vehicles will account for nearly half the cars on the road by 2040, Goldman predicts



Electric vehicles are expected to make up a larger share of cars on the road by the end of the decade, benefiting a host of companies across industries.



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Shares of KFC and Pizza Hut Indian operator Devyani jump on merger with rival franchisee Sapphire
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Shares of KFC and Pizza Hut Indian operator Devyani jump on merger with rival franchisee Sapphire

CITY CENTER, KOLKATA, WEST BENGAL, INDIA – 2019/06/26: Pizza hut outlet at City Center Shopping Mall of Kolkata . (Photo by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of KFC and Pizza Hut Indian operator Devyani International rose as much as 5.3% after it announced plans to merge […]

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Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China
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Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China

A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Chinese tech giant Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list it […]

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Singapore economy jumps 5.7% in fourth quarter, beating expectations on strong manufacturing
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Singapore economy jumps 5.7% in fourth quarter, beating expectations on strong manufacturing

Singapore tops the list in the 2025 Global Talent Competitiveness Index by INSEAD and Portulans Institute. Calvin Chan Wai Meng | E+ | Getty Images Singapore’s economy expanded 5.7% year on year for the fourth quarter, driven mainly by a sharp increase in manufacturing output during the three months through December. The Ministry of Trade […]

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