[WASHINGTON] General Motors confirmed on Sunday its plans to eliminate a shift at an Ohio plant, idling some 1,500 employees as demand for compact cars dips.

IF Mencast Holdings' chief executive gets his way, the small-cap offshore and marine-linked player could emerge as a pioneer in tapping artificial intelligence (AI) for its maintenance, repairs...

ABOUT a quarter of Boeing Co 787 Dreamliners in service face restrictions on long-range flights as regulators respond to mushrooming problems with a Rolls-Royce Holdings plc engine.

SATELLITE technology to provide Wi-Fi on board planes has matured to a point where more and more airlines are looking to use it, triggering a "gold rush" among suppliers...

The LR2 market for 75,000 tonnes, Middle East Gulf to Japan, has continued to soften, and now sits at around WS 90, down from the high WS 90s of last week. LR1s also eased 2.5 WS points to WS 110 for...

[SHANGHAI] Rolls-Royce Holdings will bid to provide engines for a new wide-body jetliner that China is developing with Russia, the China Daily newspaper reported on Saturday, citing the British...

[WASHINGTON] Tesla will be profitable in the third and fourth quarters of this year and will not have to raise any money from investors, billionaire chief executive Elon Musk said on Friday, driving...

[ROME] Fiat Chrysler Automobiles is aiming to earn bigger North American profit margins than Ford Motor and General Motors as soon as this year, paving the way for payouts to shareholders.

[LONDON] Members of the UN International Maritime Organisation on Friday struck a deal to halve carbon dioxide emissions from shipping by 2050 in a deal that will force the industry to redesign...

[LONDON] Jaguar Land Rover, Britain's biggest carmaker, is poised to announce the elimination of around 1,000 posts currently filled by workers on short-term contracts as it grapples with...