[GUANGZHOU] Chinese electric-car startup Xpeng Motors has filed for a US initial public offering (IPO), right behind rival Li Auto which raised US$1.1 billion last month.

[NEW YORK] United Parcel Service (UPS) and FedEx shares jumped after the couriers said they are raising prices aggressively to boost profit and help manage an avalanche of residential deliveries...

[BOSTON] A US district judge on Friday denied bail to two Massachusetts men accused of helping orchestrate former Nissan Motor chairman Carlos Ghosn's escape from Japan.

[TORRANCE] Hennessy Capital Acquisition Corp IV is in advanced talks to merge with Canoo, a company that intends to offer electric vehicles on a subscription basis, according to people with...

[MEXICO CITY] Venezuelan state-run oil firm PDVSA has begun offering to ship its own oil, figuring in the costs in crude supply deals to help customers who have struggled to hire vessels to carry...

[NEW DELHI] An Indian jetliner trying to land during a torrential downpour in southern India on Friday night skidded off a slick runway, crashed into a wall, tumbled into a valley and split in...

[LONDON] British Airways said on Friday it was making progress with its plan to cut 12,000 jobs to help it shrink as a result of the pandemic, with more than 6,000 employees deciding to take...

[NEW YORK] Uber Technologies generated more revenue from delivering food than transporting people for the first time last quarter, but it failed to offset a steep and prolonged decline in...

[BENGALURU] Airbus was sued on Thursday by shareholders who accused the European planemaker of securities fraud for misleading them about its ability to avoid and manage corruption accusations...

[SAN FRANCISCO] Uber on Thursday reported a US$1.8 billion loss in the recently ended quarter as the pandemic caused its shared-ride business revenue to plunge.