Automotive

Italian EV startup takes on US, Chinese rivals with design

Elon Musk's Tesla paved the way nearly two decades ago. Now, the global transition to fully electric vehicles is littered with startups, inspired by a new era in mobility and drawn by the lower cost of building EVs compared ...

Business

Study: How piracy can unravel company profits in product bundling

Determining whether the practice of product bundling—such as combining cable TV channels into packages or computer software programs into software suites—is profitable in the presence of piracy is important to businesses ...

Business

'Brain drain' hits Africa's tech developers

When Samuel Onidare returned to Nigeria from the United Kingdom a year ago, he had difficulty convincing his colleagues that he made the right decision.

Business

Easyjet warns of another annual loss

British airline EasyJet on Thursday warned of a third annual loss in a row, as sector-wide disruption and a strong dollar offset a recovery from the pandemic.

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Income

Income is the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time." For firms, income generally refers to net-profit: what remains of revenue after expenses have been subtracted. In the field of public economics, it may refer to the accumulation of both monetary and non-monetary consumption ability, the former being used as a proxy for total income.

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