Transport & Logistics
China flexes its muscle at Singapore Airshow as US isolated
Beijing sharpening its bid for influence in South-east Asia
Stellantis plunges after taking 22 billion euros hit on EVs
The writedowns, which include some 6.5 billion euros in cash payments mainly to compensate suppliers
Toyota CEO Sato to step down, to be replaced by CFO Kon
[TOKYO] Toyota Motor chief executive Koji Sato will step down, the world’s largest automaker said on Friday, and will be replaced by the automaker’s chief financial officer, Kenta Kon.
Kuok Maritime Group’s PaxOcean opens S$200 million Jalan Samulun shipyard
It replaces PaxOcean’s previous location at 33 Tuas Crescent
Uber ordered to pay US$8.5 million in trial over driver sex assault claims
The company maintains that its drivers are independent contractors rather than employees
Rolls-Royce admits Thai Airways shortfall, plots aggressive regional comeback
RR is rolling out the final phase of its upgraded Boeing 787 engine, the Trent 1000 XE, this quarter
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18
Air India probes if crew followed protocols in Boeing fuel-switch incident
Britain has given Air India a week’s deadline to submit a complete response, or face regulatory action
Maersk’s 2026 earnings drop with gradual opening of Red Sea, cuts jobs
It expects its underlying Ebitda to be between US$4.5 billion and US$7 billion this year, down from US$9.6 billion in 2025
Elliott raises Toyota Industries stake in push to block buyout
The US fund now owns around 7.1% of Toyota Industries