Category: Business


Ford will invest $4.5 billion in electric cars

Ford Motor Co will develop 13 new hybrid and electric vehicles by 2020, announcing on Thursday plans to invest $4.5 billion in the programme that aims to make 40% of the company’s fleet electric...


US construction spending highest since 2007

The US Commerce Department has released figures on the country’s construction spending, showing the highest levels since December 2007. Low consumer spending, a strong dollar (which hurts exports), and energy spending cuts have all been sources...