Rolls-Royce plans to raise a total of 5 billion pounds (US$6.5 billion), including 2 billion from shareholders, to cope with a "worst case scenario" as the coronavirus travel crisis crushes the British engine maker's cashflow.
Hundreds of millions in China hustled to enjoy their first major national holiday since the country beat its coronavirus outbreak, filling airports and train stations on Thursday (Oct 1).
Delta Air Lines is among airlines Boeing Co has approached to buy dozens of 737 MAX jets built for clients that have since scrapped their orders or gone bust, two people familiar with the matter said.
BENGALURU: India is planning to launch its own app store as an alternate to the ones offered by Apple and Alphabet-owned Google, in a bid to make the country more self-reliant, ET Now reported https://twitter.com/ETNOWlive/status/1311570567238045696 on Thursday, citing government sources. Prime ...
The Trump administration has proposed including a US$20 billion extension in aid for the battered airline industry in a new stimulus proposal to House Democrats worth over US$1.5 trillion, White House chief of staff Mark Meadows said on Wednesday.
Tesla Inc's Autopilot has ranked sixth in 10 driver assistance systems evaluated in a European safety assessment, scoring low on its ability to keep drivers engaged.
U.S. electric vehicle maker Tesla Inc cut on Thursday the starting price for its China-made Model 3 vehicles by around 8per cent to 249,900 yuan (US$36,805.21) after receiving Chinese subsidies for electric vehicles, according to its China website.
South Korean automaker Hyundai Motor Co said on Thursday its U.S. sales rose 5per cent in September, led by a quick recovery in demand for its high-profit SUVs.
Vanguard Group Inc said on Wednesday it will close most of its business managing money for institutional investors and large pension funds in Australia and New Zealand, and focus on serving retail clients.
SINGAPORE: More than 1,500 companies in the professional services sector have offered about 9,000 opportunities since April this year, with 80 per cent of which are for professionals, managers, executives and technicians (PMETs) roles, said the Ministry of Manpower (MOM) on Thursday (Oct 1). More ...
