World news

Ferrari on course for €1bn annual profit as supercar demand rises

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Worldwide sales of Ferraris, Bentleys, Lamborghinis, McLarens and Rolls-Royces have risen 51% over the past five years

Can virtual-world training prepare you for a real-life seven-day cycle race?

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With family commitments and long office hours, it’s tough to find time to get out on your bike. But is riding in a 3D computer game adequate preparation for the Haute Route Rockies, one of the world’s toughest amateur stage races?

Is Richard Branson’s high-speed train in a pneumatic tube pie in the sky?

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First airlines, then spaceships. Now the Virgin boss wants to build Hyperloop One – a high-speed, pneumatic maglev railway. But engineering experts doubt that it will ever leave the station

World petrol demand ‘likely to peak by 2030 as electric car sales rise’

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Wood Mackenzie predicts global oil growth will plateau about 2035 – earlier than some previous forecasts

Christian Candy sells New York penthouse after slashing price

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Developer, who is locked in a bitter court dispute with a former friend, has sold or remortgaged £300m of assets in past year