The collapse of Spirit will result in thousands of lost jobs and marks the first airline to fail in part due to a doubling in jet fuel prices during the …
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The strength in international sales underscores the importance of BYD’s global expansion as demand at home cools following the removal of government subsidies and intensifying competition. PHOTO: REUTERS BYD’s overseas …
It reports adjusted earnings of US$1.41 per share, well above the consensus estimate of US$0.95 Despite the strong beat, overall profit marked Chevron's lowest level in five years, partly due …
Chinese EV maker’s April tally dips from March as it crosses 1.1 million cumulative deliveries The April tally brings Nio’s year-to-date deliveries to 112,821 vehicles, up 71% from the same …
The regulation will also require ride-hailing firms to provide accident and health insurance, President Prabowo said. PHOTO: REUTERS [JAKARTA] Indonesia will cut the caps on the commissions that ride-hailing companies …
International Union of Marine Insurance issued a statement to clarify that war risk insurance for vessels and cargo is, and will remain, available in the Middle East The International Union …
The three new plants will make India Toyota’s fourth-largest production base The new plants will bring Toyota’s factories in India to six. PHOTO: REUTERS TOYOTA Motor plans to build three …
Most remain certain about their ability to travel abroad in the next three months Over three-quarters of Singapore travellers say visiting somewhere that none of their friends, family or social …
Passengers gain the convenience of unrestricted drop-offs across Singapore and key greater Johor districts For Malaysia-registered taxis operating in Singapore, the new pick-up zones are located near VivoCity, the Tampines …
Grab has also become the first ride-hailing service to get a Cross-border Ride-hail Service Operator Licence For Malaysia-registered taxis operating in Singapore, the new pick-up zones are located near VivoCity, …
The International Union of Marine Insurance issued a statement on Mar 5 to clarify that war risk insurance for vessels and cargo is, and will remain, available in the Middle …
The European manufacturer is the biggest supplier to the Asian nation The deal is for 102 aircraft that will go to China Southern and 35 aircraft for its Xiamen Airlines …
The halt comes as a setback to a fast-growing industry that is estimated to be worth 83.1 billion yuan by 2030 [BEIJING] China has suspended issuing new licences for autonomous …
It sells three, five and 10-year bonds, with the 10-year note yielding 3.38% The transaction comes after deals from government-backed public transport operator and developer MTR, and flagship carrier Cathay …
But its principal business of container shipping posts a 1.2% marginally higher revenue of US$3.8 billion Lars Kastrup, CEO of Pacific International Lines, says that adding vessels will improve the …
Update will emphasise digitalisation and robotics, some of which will be pilot projects for Terminal 5 Terminal 3 has not seen any major upgrades since it opened in 2008. PHOTO: …
It posts an earnings before interest and tax margin of 2.2%, down slightly from the year before CEO Hakan Samuelsson says that Volvo is ready to help parent Geely build …
Each site will feature six to eight 50 kilowatt fast chargers Latest development follows earlier contracts awarded to SP Mobility and Shell in March. PHOTO: BT FILE [SINGAPORE] SP Mobility …
Redundancies and cost-cutting stemmed losses [BERLIN] Mercedes-Benz on Wednesday reported a slump in first-quarter operating profit but beat market expectations, as the German premium carmaker battles to shore up dwindling …
The closure of the Strait of Hormuz has put key maritime chokepoints under the spotlight Zhulkarnain says Singapore will continue to contribute to the efforts of the international community to …
Fuel accounts for as much as 40% of an airline’s operating expenses Airlines are also grappling with a weakening rupee, which inflates US dollar-denominated expenses such as aircraft leases and …
The aviation sector is experiencing one of its most challenging periods as jet fuel prices surge on the conflict in Iran Airbus says that engine maker Pratt & Whitney remains …
With little visibility into which components might suddenly become unavailable, parts makers are issuing cautious forecasts for the current fiscal year Denso has factored in a profit hit of about …
The parcel giant has been shifting its focus to higher-margin shipments to support profitability and control costs UPS maintained its forecast of a 1.2% rise in 2026 revenue to US$89.7 …
It reported earnings before interest and taxes of US$4.3 billion, or US$3.70 per share In North America, GM’s biggest money maker, its profit margin improved to 10.1 per cent from …
Its earnings fall 55.4% from the year before to 4.1 billion yuan BYD kicked off pre-sales for its Datang full-size electric SUV at the Beijing auto show on Apr 24, …
Fintech growth outpaces on-demand services as high oil prices curb commuting and food delivery demand GoTo, Indonesia’s biggest Internet company, has recently endured some of its toughest quarters since its …
Preliminary figures for March show 8.5% year-on-year growth in passenger traffic Passenger demand -- as measured in revenue passenger kilometres -- rose 11.3% year-on-year, reflecting “strength on longer-haul routes”. PHOTO: …
The company’s global sales have surged in recent years, almost quadrupling from 2020 to 2025 Chery’s brands are heavily reliant on sport utility vehicles and the company is now working …
A women-only carriage bore the brunt of the crash Rescuers at work after a deadly collision between a commuter line train and a long-distance train in Bekasi, Indonesia, April 28, …
Airline results are being pressured now by higher oil prices The securities are a type of debt known as enhanced equipment trust certificates, collateralised by 32 new and existing American …
Visitors check the interior of the Geely EX2 at the Beijing Auto Show in Beijing, China, April 26, 2026. PHOTO: REUTERS [BEIJING] Call it a different kind of sticker shock. …
External headwinds have likely pushed the break-even mark for Singapore Airlines’ investment towards 2030 SIA has owned a 25.1% stake in Air India since the latter’s 2024 merger with Vistara. …
The surge in oil prices due to the Iran war has driven gains in shares of electric vehicle and battery makers as alternative-energy plays BYD has passed Tesla to become …
The company has been able to keep churning out cars, with worldwide production climbing 3.9% to one million units Toyota has kept its title as the world’s top carmaker in …
It plans to price the multi‑tranche deal as early as Tuesday The transaction follows deals from the government-backed public transport operator and developer MTR Corp, and flagship carrier Cathay Pacific …
Container trucks leave Panama Ports Company in Panama City on Feb 4. CK Hutchison’s plan to net more than US$19 billion in cash for a group of 43 ports has …
The surge in freight costs has not significantly dented shipping demand, says Mitsui OSK Lines’ new CEO [SINGAPORE] Japanese shipping behemoth Mitsui OSK Lines (MOL) will have to watch marine …
The market for such advanced lighting systems is expected to roughly double over the coming decade, according to Intelmarket Research The two-megapixel headlights can also beam crosswalk and navigation arrows …
Trump administration officials appear reluctant to remove current barriers to Chinese cars Chinese carmakers face significant barriers, including steep tariffs on their electric vehicles and technology prohibitions, that have effectively …
The Florida-based budget carrier is running short on time The Defense Production Act is an emergency authority that allows the US government to require private companies to prioritise federal contracts …
The brand is still trying to recover from quality issues that tarnished its image in Europe The announcement marks a stark shift in strategy for Peugeot, which had previously pulled …
The US president can waive the law if it is necessary for national defence By waiving the rule, Trump is seeking to attract foreign ships to move oil and other …
Bidding under this new quota will start on May 4 The LTA said that there will be a longer interval of three weeks between the second June bidding and the …
This is the first deferred prosecution agreement approved by the Singapore court that involves a corporate entity Seatrium said it had already made the necessary provisions for the payment in …
Bidding under this new quota will start on May 4 The LTA said that there will be a longer interval of three weeks between the second June bidding and the …
Large-scale delivery and deployment of the Eva Cab is expected in 2028 before the fleet expands to 100,000 by 2030: CEO of ride-hailing arm The Eva Cab features a reconfigured …
The Hyundai Ioniq 3 electric vehicle displayed at the Milan Design Week, Milan, Italy, April 20, 2026. PHOTO: REUTERS DeeperDive is a beta AI feature. Refer to full articles for …
It is reported that there are about 20,000 crew members and 800 vessels still stuck in the war zone Rolf Thore Roppestad (second from left), CEO of Gard, spoke of …
Its CEO wrote in an annual letter to shareholders that China’s car industry has entered a “brutal knockout stage.” BYD CEO Wang Chuan-Fu fought back tears during an investor meeting …
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