Transport & Logistics
Iran strikes disrupt thousands of flights; Dubai Airport hit
More than 90% of departures from Dubai International Airport have been scrapped
Ship insurers cancel war risk cover due to Iran conflict
Several tanker owners, oil majors and trading houses have since suspended shipments through the narrow waterway
Geely extends lead over BYD with biggest sales gap since 2022
Carmakers are rolling out ultra-long-term financing programmes
Travel chaos worsens as Iran conflict shuts key Middle East airports
The extensive suspension of all air services will severely disrupt the finely-tuned choreography of global aircraft movements
Asian airline shares fall as US-Iran conflict disrupts travel, raises oil prices
Air travel remained in turmoil on Monday as Iran conflict forces closure of key Middle Eastern hubs
Nio’s February deliveries rise 57.6%; cumulative deliveries over 1 million
Electric vehicle maker completes 100 million cumulative battery swaps
BYD February vehicle sales plunge 41% on waning domestic demand
Key markets across Latin America and Europe are now central to the company’s strategy
Shipping lines cut Middle East routes posing risk to trade flows
Dubai is also a vital centre for international air cargo
Sias questions Vibrant Group on whether former CEO Eric Khua’s exit disclosure was ‘misleading’
Vibrant’s bourse filing said Khua stepped down for health reasons, but did not mention his legal troubles
BMW launches recall over potential fire hazard
[BERLIN] German premium carmaker BMW has launched a recall affecting hundreds of thousands of vehicles worldwide over a potential fire hazard, according to KBA, Germany’s motor vehicle authority.
