Transport & Logistics
Mercedes flags more margin pressure ahead, tough road in China
The premium German automaker’s 2025 operating profit misses forecast, down 57%
Airbus wins major order for A350 widebody jets from Air Canada
The purchase agreement, if all rights are exercised, would be valued at about US$3 billion
China bans below-cost car sales to end prolonged price war
Despite Beijing’s efforts to stamp out aggressive discounting, the new year has brought a new round of price cuts
Lufthansa strikes force hundreds of German flight cancellations
Europe’s largest aviation group faces mounting pressure to lift profitability in a crowded market
South Koreans are shunning dangerous shipbuilding jobs envied by Trump
Demand is growing as the industry enjoys a new boom that puts further strains on its workforce
China’s auto sales fall at fastest pace in nearly two years in January
Deals drop 19.5% from the year before to 1.4 million vehicles, the biggest decline since February 2024
AirAsia X unveils Kuala Lumpur-Bahrain-London route, establishing Middle Eastern hub
It marks a return to the British capital more than a decade
Ford falls behind China’s BYD in global sales for the first time
The US automaker has weathered a difficult EV transition, announcing US$19.5 billion in charges to overhaul its strategy
Vin’s Holdings expects ‘significant improvement’ in H2 net profit
However, it forecasts full-year earnings to fall due to a first-half loss
Boeing plans to open fourth 737 production line in midsummer
The planemaker has started training workers to man the line