BMW 'on right track', chairman says as profit warning hits shares

The automaker’s shares fell further on Thursday, hitting their lowest levels since November 2, 2020

BYD is stepping up investment in Europe.

BYD to send hot-selling SUV to Europe, pressuring incumbents

Chinese carmakers have garnered 15 per cent of EV sales in Europe in April

Plans to expand Heathrow have faced opposition for decades from local communities and environmentalists.

UK moves ahead with Heathrow Airport expansion plan

The government wants Heathrow’s new runway to open in 2035

Four in five travellers now use AI tools to plan, evaluate and discover their journeys, the Global Muslim Travel Index shows.

Singapore favoured by Muslim travellers amid surge in AI-assisted holiday planning: report

The city-state takes the top spot among non-OIC destinations; Malaysia ranks first globally

The regulator summoned Hong Kong-based Lalamove to a meeting in September, demanding the company abide by China’s anti-monopoly law and compete fairly.

Chinese regulator asks Lalamove to make changes to comply with antitrust rules

The firm says it has “completely accepted” the regulator’s requirements and made the necessary changes

Being a sponsor could avoid regulatory issues and is cheaper for BYD to get involved in F1.

F1 sponsorship could give BYD lower-risk route to global recognition

The EV giant could potentially sponsor a midfield or back-of-the-pack team at a lower cost than a top-tier team

During the hostilities, regional producers have made increased use of infrastructure that avoided the Hormuz chokepoint

Hormuz oil flows may recover to only 70% after Iran war: Goldman

OIL flows going through the Strait of Hormuz may recover to only about 70 per cent of their prewar level, according to Goldman Sachs Group, which highlighted regional producers leaning on alternative ...

Airlines now lease or rent, rather than own about half of the global fleet, with KKR having invested more than US$12 billion in aviation since 2015.

KKR bets US$1.4 billion on aircraft leasing as Boeing and Airbus supply shortages boost demand

Since 2018, the private equity firm and Altavair have acquired 188 aircraft and engine assets

Aaron Tan, co-founder and CEO of Carro, notes that Australia is “one of the largest used-car markets” in the Asia-Pacific.

Singapore’s Carro enters Australia market with acquisition of used-car platform CarPlace

Through the deal, the unicorn now has a presence in eight Asia-Pacific markets