Transport & Logistics
Lutnick shuts down talk of any Chinese investment in US autos
[BEIJING] US Commerce Secretary Howard Lutnick ruled out the possibility of Chinese investment in the US auto industry, saying there’s no need for companies like electric carmaker BYD in America.
Greek, Indian tankers U-turn before Hormuz amid reopening doubt
[SINGAPORE] Several oil tankers have u-turned in the Persian Gulf after appearing to try to transit the Strait of Hormuz, as shipowners and oil traders remain in a state of disarray as they try to fig...
American Airlines says it’s not interested in United Merger
[NEW YORK] American Airlines said it’s not engaged with or interested in any discussions regarding a merger with rival United Airlines, dampening the prospect of a tie-up that could reshape the indust...
Lufthansa faces worst strike in decade as cabin crew members join pilots
It threatens to disrupt the airline’s 100th anniversary celebrations
Vietjet signs finance lease deal with SPDB for 10 Chinese-made Comac aircraft
The carrier currently operates 135 aircraft
Despite Iran war impact, Changi Airport Q1 passenger traffic up 2.3% on North Asia, Europe demand
It hits a record 70.4 million for the 12 months ended March 2026
Stellantis invests 100 million euros to keep site near Paris open
The company has 12 sites in France and dozens elsewhere in Europe
Honda to shut two plants in China jointly owned with GAC, Dongfeng, magazine says
[TOKYO] Honda Motor will shut two internal combustion engine car plants in China and slash annual production capacity in the country to 720,000 vehicles, Japanese magazine Toyo Keizai reported on Frid...
European airlines face fuel shortages within weeks
Europe is by far the biggest consumer of jet fuel shipped through the Strait of Hormuz
Yangzijiang Maritime orders 8 giant oil tankers, sells 4 smaller vessels in twin deals
The acquisition will be funded through a combination of equity co-investment and debt financing
