American Airlines sees resilient demand cushioning fuel-price hit

There is ‘no doubt’ demand has a K-shaped pattern, says CEO Robert Isom

IndiGo has cut around 7% to 10% of its planned domestic flights for the period, sources say.

IndiGo, Air India cut June-July domestic flights amid high jet fuel prices: sources

Reductions highlight the vulnerability of the South Asian nation’s aviation industry to external shocks

The automaker which is pivoting toward robotaxis, humanoid robots and flying cars, did not disclose the size of the backing by the investment fund.

China's Xpeng backed by local government investment fund with undisclosed sum

[BEIJING] Chinese electric vehicle maker Xpeng said on Wednesday (May 27) that it was picked among the first batch to sign on a local government investment fund in the southern province of Guangdong.

CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets.

Sats may reward shareholders with special dividend if there’s spare cash

The company is on course to achieve FY2029 targets of S$8 billion in revenue and 20% Ebitda margins

Iran has threatened to exercise control of the strait and recently established a regulatory agency to run operations there.

Even after a Strait of Hormuz deal, moving 1,500 ships won’t be easy

For now, some in the shipping industry are sceptical about the prospects of a deal to reopen the strait

LTA is closely monitoring traffic in the Orchard area, which has seen speeds persistently lower than optimal.

ERP charges may resume in Orchard Road if congestion in the area worsens: LTA

[SINGAPORE] Electronic Road Pricing (ERP) operations may return to the Orchard Road area if congestion in the shopping district worsens, the Land Transport Authority (LTA) said in a statement on May 2...

Before ​the war began, shipping traffic through Hormuz averaged 125 ‌to ⁠140 daily passages.

Vessels carrying Middle East oil, LNG exit Hormuz amid US-Iran peace talks, head for Pakistan, China

They are among a handful of supertankers exiting the Gulf in May via a transit route that Iran has ordered ships to use

Nissan has said it will cut the number of its auto production plants to 10 from 17 and conduct a review of its powertrain factories.

Nissan unit scraps plan to make EV powertrains in UK: Nikkei

The plan to invest £48.7 million to make up to 340,000 units a year has been cancelled

Industry observers think recent moves by C&C's parent company could be preparations for a sale of the unit.

Shareholder change ‘not a new thing’; firm’s strength comes from its talent: Cycle & Carriage MD

The Singapore and Malaysia car retailer’s staying power stems from its management and people, says Wilfrid Foo

Uber on May 18 disclosed it had boosted its stake in Frankfurt-listed Delivery Hero.

Uber explores Delivery Hero takeover to fight DoorDash globally: sources

The ride-hailing giant has been making acquisitions overseas to strengthen its position internationally