[WASHINGTON] The United States announced on Thursday that it has approved the sale of 105 F-35 stealth aircraft to Japan for an estimated US$23.11 billion.

[SYDNEY] The US Department of Transportation said it has revoked permission for Pakistan International Airlines (PIA) to conduct charter flights to the United States, citing Federal Aviation...

THE interim judicial managers of Ocean Tankers Pte Ltd - a troubled unit of the crumbling Hin Leong empire and one of the world's largest operators of oil tankers - have raised doubts over the...

VIRUS OUTBREAK

BRITISH engine-maker Rolls-Royce will shed 24 per cent of its workforce in Singapore amid expectations that demand for civil aerospace engines and aftermarket services will take several years to...

AEROSPACE engineer Rolls-Royce said it had burned through £3 billion (S$5.26 billion) in its first half as the hours flown by its engines halved due to the Covid-19 pandemic.

FORD Motor said its China vehicle sales increased 3 per cent in April-June from a year earlier, its first quarterly sales rise in the world's bigggest auto market in almost three years.

[BRUSSELS] European Union (EU) consumers should be able to sue Volkswagen in their national courts if they have bought cars with emission cheat devices installed, the Court of Justice of the...

[DUBAI] Emirates laid off more pilots and cabin crew this week in another round of job cuts as the Gulf airline shrinks its workforce due to the coronavirus pandemic, four sources said.

[PARIS] Google has won a multi-year deal to store Renault SA's manufacturing data, marking the US tech company's first major industrial cloud deal in France. 

[LONDON] Aerospace engineer Rolls-Royce said it had burned through £3 billion (S$5.26 billion) in its first half as the hours flown by its engines halved due to the Covid-19 pandemic.

BREAKING NEWS

Jul 11, 2020 02:35 PM

Amazon begins rolling out bigger UPS and FedEx-style delivery trucks

[LOS ANGELES] Amazon.com is launching a new fleet of bigger, boxier trucks like those favoured by rival package...

Jul 11, 2020 02:17 PM

Exxon restarts drilling at offshore hotspot in political crisis

Exxon Mobil resumed drilling in Guyana last month, underscoring its dedication to the offshore hotspot despite the...

Jul 11, 2020 02:07 PM

Elon Musk soars past Warren Buffett on billionaires ranking

[NEW YORK] The fortune of Tesla's founder rose US$6.1 billion on Friday, according to the Bloomberg Billionaires...

Jul 11, 2020 01:54 PM

Fed watchers rein in estimates of how big balance sheet will get

[NEW YORK] The Federal Reserve's balance sheet will probably peak at a smaller size than previously expected due to...

Jul 11, 2020 01:39 PM

US slaps French goods with 25% duties in digital tax row, but delays effective date

[WASHINGTON] The Trump administration on Friday announced additional duties of 25 per cent on French cosmetics,...