The Business Times

Companies & Markets

US warns it could force 20% flight cuts if shutdown continues

Rivian’s pay package for its CEO RJ Scaringe (pictured) could be one of the richest in history, depending on what performance goals are met.

EV maker Rivian gives CEO a Musk-style pay package worth up to US$4.6 billion

Nexperia said it could not confirm that its chip supplies had restarted.

Some Nexperia chip shipments resume as Germany welcomes ‘de-escalation’

Trans-Cab's one-year provisional ride-hailing service operator licence is due to expire at the end of the year. ST PHOTO: KELVIN CHNG

Full ride-hailing licences being evaluated for Trans-Cab, Geolah beyond 2025: LTA

Priced from S$155,888 with COE, the Qingling EQ2 has a 100.5 kWh battery and claimed range of up to 515 km on a full charge.

Motorway debuts China commercial vehicle brand Qingling Motors; relaunches Ssangyong in Singapore

Signage displayed at the Honda Motor Co. headquarters in Tokyo, Japan, on Wednesday, Dec. 18, 2024. Nissan Motor Co. is in talks with fellow Japanese carmaker Honda Motor Co. to merge, in a deal that would help the ailing company survive, while also creating the world's third-largest automaker with a better chance of withstanding the industry's ructions. Photographer: Kiyoshi Ota/Bloomberg

Honda cuts annual operating profit outlook on EV cost hit, slow Asia sales

The group said its passenger load factor – a key measure of performance – fell in all regions, with the most pronounced being a 2.4-point drop on lucrative North Atlantic routes.

British Airways-owner IAG third-quarter profit inline with expectations

Qantas now expects first-half 2026 domestic unit revenue to rise about 3 per cent, coming in at the lower end of its earlier forecast range of 3 per cent to 5 per cent.

Qantas eases throttle on domestic outlook, trims first-half domestic revenue forecast

First Brands has struggled to overcome objections from creditors who accuse the firm of stripping them of their collateral rights in inventory and equipment without compensation, as the bankruptcy code typically requires. 

First Brands says it needs US$600 million or ‘it’s game over’

Goals for Elon Musk over the next decade include the company’s delivering 20 million vehicles, having 1 million robotaxis in operation, selling 1 million robots and earning as much as US$400 billion in core profit.

Tesla shareholders approve US$878 billion pay plan for Elon Musk

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