Jan 23, 2021 06:59 AM

Warning light halts Boeing 737 MAX flight in Canada

[OTTAWA] Canadian airline Westjet on Friday cancelled a flight just prior to take-off after a warning light went off...

Jan 22, 2021 08:24 PM

VW posts US$12.2b profit in resilient pandemic year

[WOLFSBURG] Volkswagen said a robust sales recovery in the second half of last year led to strong annual earnings...

Jan 22, 2021 01:33 PM

Ford to spend US$610m on airbag recall after losing appeal

[DETROIT] Ford Motor, after losing an appeal to federal safety regulators this week, now must spend US$610 million...

Jan 22, 2021 01:01 PM

Indonesia probing whether faulty system contributed to Sriwijaya Air crash

[JAKARTA] Indonesia's air accident investigator is probing whether a problem with the autothrottle system, that...

Jan 22, 2021 10:45 AM

Electric-vehicle startup Aiways seeking funds at US$2b value: sources

[HONG KONG] Aichi Automobile is seeking to raise fresh funds that could value the Chinese electric-vehicle startup...

Jan 22, 2021 05:50 AM

Penguin chairman, MD tie up with Dymon Asia fund to take firm private

PENGUIN International on Thursday said a consortium comprising its executive chairman, managing director and a Dymon...

Jan 22, 2021 05:50 AM

Electric car maker BYD raises HK$30b in upsized sale

BYD Co, a Chinese electric-vehicle manufacturer backed by Warren Buffett, raised HK$29.9 billion (S$5.1 billion)...

Jan 22, 2021 05:50 AM

United Airlines pledges more cost cuts after pandemic-driven quarterly loss

UNITED Airlines Holdings Inc said on Wednesday it aims to cut about US$2 billion of annual costs through 2023 as it...

Jan 22, 2021 05:50 AM

Lotus looks to Renault's Alpine for help on electric sports car

LOTUS Cars is looking outside its Chinese owner's sprawling empire for help in preparing for an electric future,...

Jan 22, 2021 05:50 AM
US TRANSITION

Biden to order masks, traveller quarantines in Covid fight

UNITED States President Joe Biden will push for additional travel safety during the coronavirus pandemic by...

Jan 22, 2021 05:50 AM

FedEx gears up to distribute Covid-19 vaccines regionally

WITH Singapore looking to be a hub for distributing Covid-19 vaccines to the region, major logistics players like...