Internet

'Metaverse' hype fuels booming digital property market

The idea of spending millions on non-existent land may sound ludicrous—but feverish predictions of a virtual reality future are pushing investors to bet big on digital real estate.

Automotive

Lamborghini has already sold all its cars until 2024

Italian sports car maker Lamborghini has already pre-sold the entire production run to early 2024, its boss told AFP on Tuesday, with luxury goods seemingly unaffected by global economic uncertainty.

Energy & Green Tech

Ford Mustang SUV starts a blitz of new electric vehicles

Ford is unveiling its first all-electric SUV, marking the start of an avalanche of battery-powered vehicles coming from mainstream and luxury automakers during the next two years that industry analysts say will boost electric ...

Automotive

Stripped-back auto show mirrors German car industry gloom

Frankfurt's biennial International Auto Show (IAA) opens its doors to the public Thursday, but major foreign carmakers are staying away while climate demonstrators march outside—forming a microcosm of the industry's woes.

Energy & Green Tech

EU approves end of combustion engine sales by 2035

The European Union approved a plan to end the sale of vehicles with combustion engines by 2035 in Europe, the 27-member bloc announced early Wednesday, in a bid to reduce CO2 emissions to zero.

Automotive

Rolls-Royce launches new Ghost amid virus worries

Rolls-Royce launched its eagerly-awaited new "Ghost" model on Tuesday, even as the luxury carmaker's chief warned that coronavirus would impact the automotive market for several years.

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