Transport & Logistics
EV maker VinFast’s revenue jumps on South-east Asian demand, but loss widens
Electric vehicle sales remain sluggish in the United States and some other countries
China car sales downturn extends into May as Volkswagen tests EV revamp
Exports grow 75.1% but the increase isn’t enough to counter the domestic slump
Hormuz strait will be open but with transit fees, Iran envoy to Moscow quoted
Several tankers have managed to leave the Gulf recently, but oil and liquefied natural gas flows are still severely constrained
Airlines see gains wearing off from Persian Gulf rivals’ absence
For now, some carriers have sought to benefit from the regional competitive dislocation
Global airlines slash 2026 profit forecast on fuel shock from Iran war
Iata says it expects the industry to post combined earnings of US$23 billion this year, down from US$45 billion in 2025
British Airways says fare increases more likely after main summer season
Airlines across the world are grappling with higher fuel costs because of the Iran war
Boeing studying boost of 737 Max plane production to highest-ever rate
Turning out more jets is critical to its financial recovery after losing more than US$30 billion recently
JPMorgan upgrades Tesla to ‘neutral’, expects robotics to drive long-term growth
The bank hikes its price target on the electric-vehicle maker’s shares to US$475 from US$145
China speeds past Japan in Australian car imports on EV bonanza
Electric vehicles and hybrids account for almost half of the cars sold in Australia in May
Qantas weighs order for 20 Boeing or Airbus wide-body jets, sources say
Singapore Airlines has opened discussions to buy at least 50 of the industry’s biggest jets, Reuters reported earlier