Leadership
Cathay cancels 48 flights, including for HK-Singapore route, as 15 Airbus planes need new engine parts
HONG Kong carrier Cathay Pacific said on Tuesday (Sep 3) that 15 of its Airbus A350 jets needed new engine parts after inspecting its entire fleet, which was grounded...
BYD’s dominance is taking a toll on smaller Chinese EV rivals
CHINESE electric car maker BYD’s relentless growth is squeezing out smaller rivals, with Li Auto joining fellow upstart Xpeng in releasing disappointing earnings.In a stark highlight of their contrasting...
GlobalWafers must go global as tariffs rise worldwide, CEO says
GLOBALWAFERS is actively building out manufacturing overseas in anticipation of rising tariffs on chip materials, underscoring growing expectations that tit-for-tat trade measures will disrupt the semiconductor supply chain in...
Singapore shares open higher on Tuesday; STI up 0.2%
Heavily traded counters include Suntec Real Estate Investment Trust and Genting SingaporeSINGAPORE shares started trading in positive territory on Tuesday (Sep 3) despite the European market ending little changed the...
Elon Musk to celebrate Giorgia Meloni as Italy eyes space sector investment
WHEN Italian Prime Minister Giorgia Meloni visits New York later this month to receive a global citizenship award, Elon Musk will be the one to hand her the prize.The...
Europe: Stoxx 600 treads water at start of data-intensive week; Germany stocks notch record close
EUROPEAN shares were little changed on Monday, as investors analysed economic data for clues on the European Central bank’s policy trajectory, while Germany’s DAX index hit a record close, even as populist...
TotalEnergies deepens ties with India’s Adani Green with US$444 million JV
PLANS for French oil major TotalEnergies to form a new joint venture with India’s Adani Green Energy took a step forward on Monday (Sep 2), as the Indian company’s...
Volkswagen weighs first-ever Germany plant closures to cut costs
Volkswagen (VW) is considering unprecedented factory closures in Germany in a bid for deeper cutbacks, delivering another blow to Chancellor Olaf Scholz’s government.The potential measures, targeting its main passenger...
