The automotive industry is motoring ahead of its peers in terms of smart factory adoption and is set to increase investment by over 60% in the next three years, resulting in productivity gains of more than$160bn, according to a new research report from The Capgemini Research Institute.

India, the US and China saw some of the biggest rises in greenhouse gas emissions last year due to booming energy consumption dominated by fossil fuels, putting global climate goals at risk, according to a new report.

Strong economic and equity market performance helped create nearly a million (920,000) new millionaires globally in 2014, as High Net Worth Individuals (HNWIs) grew in both number and wealth to 14.6 million and US$56.4 trillion, respectively.