Transport & Logistics
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 to send hot-selling SUV to Europe, pressuring incumbents
Chinese carmakers have garnered 15 per cent of EV sales in Europe in April
UK moves ahead with Heathrow Airport expansion plan
The government wants Heathrow’s new runway to open in 2035
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
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
Qantas to fly special Airbus jet on first Sydney-London nonstop
The inaugural route will start in October 2027
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
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 ...
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
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