The merger between Fiat Chrysler and French rival PSA will include a loyalty share scheme to reward long-term investors in the new group and help prevent future takeover attempts, the prospectus for the planned tie-up showed.
Work is booming at Bangladesh's largest shipyard -- quite literally. It's difficult to hear anything over the cacophony of banging hammers and crackling sparks, proof the industry has withstood the economic shockwaves wrought by the coronavirus pandemic.
BANGKOK: Thailand's central bank unveiled on Friday (Nov 20) new measures aimed at balancing capital flows after warning a rapid jump in the baht risked undermining the economy amid renewed inflows into emerging markets. The Bank of Thailand will allow Thais to freely deposit and transfer funds in ......
SINGAPORE: Budget airline Jetstar Asia will start operating transit flights through Changi Airport from Dec 1, becoming the fourth carrier to do so as Singapore gradually reopens its borders. Passengers from Bangkok, Ho Chi Minh City, Jakarta, Kuala Lumpur, Penang and Phnom Penh can transit ...
China's aviation regulator will not yet allow Boeing's troubled 737 MAX jet to fly in the company's biggest market owing to lingering safety concerns, despite the US lifting a ban on commercial flights.
Amazon.com Inc said on Thursday it had laid off dozens of staff working on the e-commerce giant's delivery drone project as part of a reorganization of the team.
SINGAPORE: The Competition and Consumer Commission of Singapore (CCCS) has lifted the measures it imposed on Grab in September 2018 over its merger with Uber. This comes after Singapore’s new point-to-point (P2P) transport regulatory framework came into effect on Oct 30, the watchdog said in a ...
BEIJING: China has extended debt relief to developing countries worth a combined US$2.1 billion under the G20 framework, the highest among the group's members in terms of the amount deferred, the country's Finance Minister Liu Kun said on Friday (Nov 20). Liu's comments come as African countries ...
TOKYO: Japan aims to expand a major regional free trade pact called the CPTPP, Prime Minister Yoshihide Suga said on Friday (Nov 20), potentially catering for China's and Britain's interest in joining the deal. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) links ...
General Motors Co Chief Executive Mary Barra said the Detroit automaker is accelerating an "all out pursuit of global EV leadership," challenging electric vehicle leader Tesla Inc with increased spending and sped-up vehicle production targets.
