The global aviation industry has been thrown into disarray since the US and Israel began bombing Iran on Feb 28 US airlines are more exposed to the higher prices as …
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Closer collaboration will offer the Chinese electric carmaker more global opportunities The pact will help Leapmotor navigate European regulations and potential tariff exemptions. PHOTO: BLOOMBERG [HONG KONG] Chinese electric carmaker …
One firm had to reroute cargo of used car parts to Dubai via India, raising the shipping cost five times Container shipping indices are reflecting the increases in freight costs. …
Flights from destinations in the US and continental Europe have been impacted the hardest Emirates is the largest carrier in the region and has ramped up operations from Dubai since …
These range from emergency fuel costs to war risk premiums Container shipping indices are reflecting the increases in freight costs. PHOTO: BT FILE [SINGAPORE] Sea cargo shipping is getting costlier, …
Disruption from the war is roiling global supply chains, forcing liners to tackle everything from transit halts to soaring fuel costs The escalating war has effectively dashed hopes for a …
Vietnamese EV maker expects to resume construction of a US manufacturing plant this year VinFast aims to deliver at least 300,000 EVs globally in 2026. PHOTO: REUTERS [HANOI] Vietnamese electric …
The court also refuses the claimants’ application for permission to appeal further The claims, brought in 2022, relate to shipbuilding contracts for 10 vessels totalling US$900 million. PHOTO: YANGZIJIANG SHIPBUILDING …
Hanoi has also seen reduced supplies from Singapore, the document shows Vietnam imports more than two-thirds of its jet fuel needs, with 60% coming from China and Thailand, according to …
Gulf Arab states have faced more than 2,000 missile and drone attacks since Feb 28 The US-Israel war against Iran has thrown global aviation into turmoil, with flights cancelled, rescheduled …
The group specialises in tunnelling and infrastructure projects The contract is for the design and construction of tunnels between the existing Bukit Panjang station and the upcoming DE1 station (pictured). …
Gulf Arab states have faced more than 2,000 missile and drone attacks since the outbreak of the US-Israeli war on Iran on Feb 28 The United Arab Emirates has faced …
A tanker sails near the Strait of Hormuz, Musandam Governorate, Oman March 11, 2026. PHOTO: REUTERS THE Trump administration plans to announce as early as this week that multiple countries …
Daily charter rates for oil supertankers have quadrupled within a week to nearly US$800,000 The spike in insurance and freight rates reflects the immense logistical and financial challenges facing the …
The authority’s responses are to queries on pre-emptive actions it is taking to address possible congestion, shortages Asia bunker premiums have reached record highs in anticipation of tighter supplies, with …
SIA will operate an additional service from Singapore to London’s Heathrow Airport on Mar 18 and 25. PHOTO: ST [SINGAPORE] Some airlines, including Singapore Airlines (SIA), Air France, British Airways …
Its revenue is up by more than 10%, reflecting growth in newer international markets including Brazil and Mexico Didi Global recently booked a loss in the June quarter due to …
Aspex questions Delivery Hero’s ownership of certain businesses Aspex said Delivery Hero was less profitable than rivals. PHOTO: REUTERS [FRANKFURT/MUNICH] A top Delivery Hero shareholder has threatened to push for …
Denza Z9GT highlights Chinese EV makers’ edge over European rivals in next-generation car technology BYD says the Denza Z9GT can charge from 10% to 70% in five minutes. PHOTO: BYD …
Jet fuel price has doubled since the start of the war Rates on air routes between South Asia and Europe have been the most affected by Middle Eastern airspace closures …
The crash killed 179 people Authorities have already searched regional aviation offices and contractors involved in the airport’s construction as part of a broader effort to determine responsibility for the …
The automaker has grown to prominence by producing both all-electric and hybrid gas-electric vehicles BYD has had joint ventures in the past, but its current “go-it-alone” philosophy reflects a commitment …
Jet fuel accounts for almost half of airlines’ operating costs, Malaysia’s Transport Minister Anthony Loke says Anthony Loke met with airline management, airport operators, jet fuel suppliers and aviation authorities …
The strait is an essential passage for the oil market, handling about a quarter of the world’s seaborne oil trade Oil and gas prices have surged since the start of …
The plan comes as President Donald Trump considers multiple options to stem the dramatic rise in crude and petrol amid the war in Iran The 30-day exemption is set to …
The settlement relates to flights scheduled to depart between January 2020 and November 2022 but were cancelled by Qantas. PHOTO: REUTERS AUSTRALIA’S Qantas Airways said on Friday it has agreed …
European and US carmakers have largely trailed Chinese competitors in cost and battery technology, after state subsidies from Beijing Stellantis has been trying to stabilise its operations under CEO Antonio …
Profit before tax is forecast to fall between 5 and 9.9% BMW's deliveries are forecast to stay on a par with 2025, when it faced a sharp sales decline in …
Deal would mark GLP’s return to public markets GLP has moved in recent years to strengthen its capital base and reshape its business. PHOTO: BT FILE [HONG KONG/SINGAPORE] Singapore-based logistics …
The loss is due to mounting costs related to its electric vehicle strategy Honda expects to incur as much as 2.5 trillion yen in expenses and losses over multiple financial …
Airlines are looking beyond the Middle East challenges as they aim to position the country as a regional aviation hub Rising incomes and increased travel demand in Vietnam are driving …
Major carriers in the US and China have no hedging contracts in place, leaving them fully exposed to jumps in fuel price Jet fuel prices normally move in tandem with …
Rising fuel costs amid escalating Middle East tensions are compounding its challenges Air India is monitoring regional conditions while operating 32 additional flights to the UAE to maintain essential connectivity …
The vehicles will operate on Uber’s platform in the initial phase, with a trained safety driver in the cars Nissan Leaf electric vehicles will be equipped with Wayve's self-driving technology …
[SINGAPORE] Asian carriers are among the best positioned airlines to weather the war in the Middle East as travelers scramble for flights – and pay premiums – to escape the …
Sydney to Singapore continues to justify high-capacity A380 deployment, says OAG’s regional sales director Qantas plans to redirect six weekly Airbus A380 flights from Los Angeles to Singapore. PHOTO: BLOOMBERG …
Growth cooled from its breakneck pace as the firm pivots to focus on profitability Seeking relief from intense competition, GoTo has been in talks about a takeover by Grab. PHOTO: …
The carrier will raise ticket prices by 10% to 15%, as its Europe flights in March reach 90% of seat capacity Thai Airways posted a full-year net income of 30.9 …
The Balboa port is one of two terminals along the strategic Panama Canal While all confirmed bookings will be cancelled, cargo that has already arrived will be processed as normal, …
Cathay Pacific's revenue climbed 11.9 per cent to HK$116.8 billion in 2025, driven by a 15.8 per cent surge in passenger revenue. PHOTO: BLOOMBERG [HONG KONG] Cathay Pacific Airways posted …
Full-year net loss narrows from 22.7 billion yuan to 15.6 billion yuan on higher deliveries Nio's Q4 profit marks a significant turnaround from the 7.1 billion yuan net loss in …
Shortlisted users will get to try out the revamped service and provide feedback Flexar, a car-sharing service, is set to be launched by BlueSG. Between January 2026 and March 2026, …
The potential costs of entering F1 could be a significant obstacle BYD, known for making affordable electric and hybrid vehicles, is trying to broaden its appeal by expanding into luxury …
Europe’s smaller airlines are also taking note Lufthansa will add flights at short notice from Germany to Singapore, Cape Town and Riyadh. PHOTO: BLOOMBERG [LONDON] British Airways (BA) and Deutsche …
Shipping and insurance disruptions now trigger domino effects across other industries Aramco's president and CEO Amin Nasser noted global inventories of oil were at a five-year low and said the …
Air NZ raises fares, suspends outlook; Qantas exploring options to redeploy capacity to Europe Air New Zealand has raised one-way economy fares by NZ$10 on domestic routes, NZ$20 on short-haul …
Its operating profit of 8.9 billion euros misses analysts’ forecast of 9.4 billion euros In January, Volkswagen reported a 2025 net cash flow of six billion euros, a major improvement …
Its full-year net loss narrows from 22.7 billion yuan to 15.6 billion yuan Nio's Q4 profit marks a significant turnaround from the 7.1 billion yuan net loss in the year-ago …
Sources say aluminium producers are likely to ask for long-term agreements for urgently needed supply Rusal has shifted sales to Asia over the past four years as European clients, which …
The sudden resignation creates leadership uncertainty at India’s largest airline Pieter Elbers took over as IndiGo’s CEO in 2022 and had been helming the carrier’s efforts to go global with …
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