[WASHINGTON] China-based electric car startup Byton has raised US$500 million as it ramps up efforts to take on rivals like Tesla.

[FRANKFURT AM MAIN] Germany ordered Monday the recall of some 774,000 vehicles from Mercedes-Benz maker Daimler across Europe, citing illegal "defeat devices" designed to conceal high...

HAINAN Airlines Holding Co plans to raise as much as seven billion yuan (S$1.5 billion) by selling shares to investors, including an arm of Singapore investment company Temasek Holdings Pte, as part...

BRITAIN'S Rolls-Royce said a costly compressor problem that had grounded Boeing planes had now been found in a different type of engine, compounding pressures on a group that is due to cut more...

DAIMLER shares fell following a report that up to a million Daimler cars contained illegal "defeat" devices as chief executive Dieter Zetsche prepared to meet the transport minister on...

THE slow pace of fitting out regional airports risks delaying Indian Prime Minister Narendra Modi's ambitious plan to launch more flights connecting smaller towns and cities and get millions...

LAW enforcement and regulatory forces in Asia say they are gearing up to fight illegal gambling operators who have ramped up activities in the region ahead of the World Cup, making use of savvy...

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