Transport & Logistics
Competition watchdog seeks feedback on SP Mobility’s purchase of fellow charging point operator
The SP Group subsidiary intends to acquire ChargEco; the parties say the deal will not substantially lessen competition
Russia asks United States to stop pursuit of fleeing oil tanker
US forces have been tracking the tanker, known as the Bella 1, for nearly two weeks
Starlink plans to lower satellite orbit to enhance safety in 2026
The number of spacecraft in Earth’s orbit has jumped sharply in recent years
Box shipping industry could sail into a downturn in 2026, watchers say
They expect higher capacity and lower demand
Singapore car-sharing service Shariot pauses vehicle rental services ‘until further notice’
It says the move is ‘part of an internal business restructuring and service review’
Tesla’s vanishing order hastens fall of an US$800 million fortune
Analysts say L&F’s core business remains intact
LTA awards Obayashi Corp S$281 million contract to design and build new Brickland MRT station
The station is targeted to commence passenger service in 2034
Hyundai not in a position to buy back Russian auto factory: source
Renault, Ford, Nissan and Mercedes-Benz also have buyback options which expire between 2027 and 2029
VinFast-linked GSM eyes international IPO; floats US$20 billion valuation
The company runs Vietnam’s largest all-electric taxi fleet under the Xanh SM brand
China’s Leapmotor targets annual sales of more than four million units in a decade
Stellantis controls a joint venture that sells and produces cars for the company overseas