General Motors Co Chief Executive Mary Barra has reeled off two significant deals in the past week in response to investor concerns the No. 1 U.S. automaker is stuck in neutral while Tesla Inc and other electric vehicle makers are leaving legacy automakers behind.
A US Senate Republican coronavirus spending proposal set to be introduced on Tuesday will not include any new government assistance for U.S. airlines or airports, two congressional aides told Reuters.
Apple Inc on Tuesday invited media to a "special event" it is streaming on Sept. 15, with high anticipation that the iPhone maker will launch new versions of its core products.
Indonesia on Tuesday added 12 more companies, including social media firm Twitter and video-conferencing site Zoom , to a list of internet-based businesses that must pay a 10per cent value-added tax on sales.
REUTERS: Tesla Inc tumbled as much as 20per cent on Tuesday after its surprise exclusion from the S&P 500 index added to the broader sell-off in technology stocks, which have dominated Wall Street's recovery from the coronavirus-driven crash earlier this year. Wall Street analysts and investors ...
Uber Technologies Inc on Tuesday said every vehicle on its global ride-hailing platform will be electric by 2040, and it vowed to contribute US$800 million through 2025 to help drivers switch to battery-powered vehicles, including discounts for vehicles bought or leased from partner automakers.
U.S. passenger airline traffic continues to rebound over historic lows after the coronavirus pandemic, but is still down sharply over 2019 levels.
WASHINGTON: Boeing secured its first 737 MAX order in 2020, but the US planemaker added more cancellations as customers ditched orders for the grounded MAX jets and overall aircraft deliveries fell to 13 in August, monthly data showed on Tuesday (Sep 8). Boeing said it lost another 17 orders...
General Motors Co said on Tuesday it was acquiring an 11per cent stake in U.S. electric truck maker Nikola Corp , worth about US$2 billion, and will team up with the company to make a pick-up truck.
KEPPEL Corporation has priced 8 billion yen (S$103.5 million) worth of five-year notes due 2025 at 0.88 per cent per annum, it said on Tuesday night.
