SINGAPORE Technologies Engineering’s (ST Engineering) net profit edged down by 4.4 per cent to S$257.4 million for the first half of fiscal 2020, from S$269.3 million a year ago.

[BERLIN] Daimler has approved settlements worth US$2.2 billion over emissions cheating software in its diesel vehicles in the US, the German carmaker said on Thursday.

[DOHA] Qatar Airways has extended its cabin crews' nightly curfew after some stewards allegedly broke the Gulf country's strict virus control rules, according to a memo seen by AFP on Thursday....

[TOKYO] Japanese airline company ANA Holdings is in talks with private banks and the state-backed Development Bank of Japan to raise capital of up to 500 billion yen (S$6.43 billion), the ...

[HONG KONG] Five decades ago, Swire Pacific was a founding member of Hong Kong's benchmark stock index. Now the family-run company risks losing its membership as Chinese technology firms increase...

THE senior management of SIA Engineering Company (SIAEC) has decided to take a further 5 per cent cut to its salaries, accruing with effect from Aug 1, 2020.

VEHICLE inspection firm Vicom's first-half net profit shrank 30.2 per cent to S$9.7 million for the six months ended June 2020, from S$13.9 million in the corresponding period last year.

[WASHINGTON] The US government on Wednesday said it would maintain 15 per cent tariffs on Airbus aircraft and 25 per cent tariffs on other European goods, despite moves by the European Union to...

[SAN FRANCISCO] Being forced to classify drivers as employees could temporarily idle Uber operations in its home state of California, the ride-sharing firm's chief said on Wednesday.

VIRUS OUTBREAK

GRAPPLING with a dearth of travel demand, Singapore Airlines (SIA) is offering its cabin crew a voluntary release scheme (VRS) as it seeks to contain costs.