Daimler Truck, the world's largest truck and bus maker, expects only a moderate market ramp-up of its first electric truck model, eActros, due to its high price, the sales head of Daimler's brand Mercedes-Benz Trucks said.
Turntide Technologies, a U.S. startup that makes energy-efficient electric motors without rare earth metals, has raised US$225 million, underlining growing investor appetite for climate technology startups.
CREDIT Bureau (Singapore) (CBS), a subsidiary of mainboard-listed Credit Bureau Asia (CBA), has been designated as the new operator of the Moneylenders Credit Bureau (MLCB), CBA said on Wednesday.
OPEC oil output has risen in June as the group further eased supply curbs under a pact with its allies and as Iran's exports climbed amid ongoing talks on reviving its nuclear deal with world powers, a Reuters survey showed.
Britain said it wanted to help businesses to access state aid with a new and more flexible subsidy system, and that leaving the European Union would allow it to support domestic priorities like building green industry.
The United States and Taiwan on Wednesday (Jun 30) restarted trade talks after five years as Washington moves to boost its ties with the island despite China's objections.
PHUKET: As Thailand's government prepares to celebrate its reopening to foreign tourists this week, many businesses on the holiday island of Phuket aren't so enthusiastic about the return of visitors. Phuket is a pilot programme for Thailand's reboot of a tourism industry gutted by the COVID-19 ...
From working at a foot massage company to setting up China's biggest ride-hailing firm, Will Wei Cheng has navigated several hurdles on the path to taking Didi Global Inc public in a US$4.4-billion New York float.
HONG KONG: Hong Kong media group Next Digital, owned by jailed tycoon Jimmy Lai, will cease operating from July 1, according to an internal memo seen by Reuters. The memo, shared by two of its employees separately, said assets linked to the company remained frozen under an ongoing national...
MALAYSIAN banks will continue to be an "Asian outlier" in their recovery path, with the road to normalisation likely to be prolonged amid the flare-up of new Covid-19 waves and fresh moratoriums, said S&P Global Ratings on Wednesday.
