SINGAPORE (Reuters) – Elon Musk, chief executive of U.S. electric vehicle (EV) maker Tesla Inc, defended his view that Singapore was not supportive of EV ownership after a commentary in the city-state’s biggest newspaper criticized the billionaire’s social med... More »
SYDNEY (Reuters) – Airlines are locking in fuel hedges, lowering capacity, raising fares and retiring older jets to cope with rising costs alongside the highest oil prices since 2014, industry executives say. The squeeze from fuel costs, which have risen much ... More »
SYDNEY (Reuters) – Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of geopolitical tensions would add to operating risks. The International Air Transport Ass... More »
SYDNEY (Reuters) – Australia’s Qantas Airways Ltd said it plans to change its website to refer to Taiwan as a Chinese territory, not an independent nation, but that it needed extra time to comply with the request from Beijing. China’s aviation regulator in Apr... More »
NILAI, Malaysia (Reuters) – Malaysia has made its largest ever seizure of crystal methamphetamine, officials said on Monday, finding nearly 1.2 tonnes of the drug disguised as tea in a shipment from Myanmar, and arrested six suspected traffickers. The bust com... More »
MEXICO CITY (Reuters) – Mexican business leaders called out the government on Monday over a recent wave of criminal activity that has terrorized large swaths of Latin America’s second-largest economy and led some prominent firms to cut back operations. Two of ... More »
GENEVA (Reuters) – The European Union told the World Trade Organization’s dispute settlement body on Monday that it had acted within days of a WTO ruling to bring its funding of planemaker Airbus into line with WTO rules, a trade official who attended the meet... More »
(Reuters) – General Electric Co (GE.N) is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp (WAB.N), a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday. A de... More »
FRANKFURT (Reuters) – Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three key indexes later this year that affects technology stocks. Technology shares will now be included in the midcap index MDAX and t... More »
WASHINGTON (Reuters) – President Donald Trump has personally pushed the postmaster general to double the rates the U.S. Postal Service charges Amazon.com and other companies to ship packages, the Washington Post reported on Friday, citing three unnamed sources... More »
LONDON (Reuters) – The shipping industry has long been criticized by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to account from a quarter that may have a bit more clo... More »
LOS ANGELES (Reuters) – Billionaire businessman Elon Musk is promising the public “free rides” in the next few months through the first high-speed passenger tunnel drilled beneath Los Angeles by his aptly named underground transit venture, the Boring Company. ... More »
PARIS (Reuters) – The French finance minister on Sunday raised the pressure on Air France managers and unions to resolve a stand-off over wages, saying the government would not ride to the carrier’s rescue as it grapples with worker strikes and a leadership va... More »
LONDON (Reuters) – Prime Minister Theresa May’s Conservative Party avoided a wipeout in London local elections and eked out gains in Brexit-supporting regions elsewhere, partial results on Friday showed, denting the opposition Labour Party’s hopes of a big win... More »
SEOUL (Reuters) – South Korean police are seeking an arrest warrant for the youngest daughter of Korean Air Lines’ chairman on suspicion of assault during a recent angry outburst, police said on Friday. Cho Hyun-min, the younger sister of the notorious “nut ra... More »
KABUL (Reuters) – Twin blasts in the Afghan capital Kabul killed at least 25 people on Monday, including eight journalists who had arrived to report on the first explosion and who were apparently targeted by a suicide bomber, officials said. Several hours late... More »
SYDNEY (Reuters) – Australia’s largest-listed wealth manager AMP announced the resignations of its chairwoman and legal counsel on Monday, and slashed its directors’ fees by a quarter as it races to stem the fallout from damaging revelations of misconduct at t... More »
NEW YORK (Reuters) – Many U.S. stocks cheapened up during the first quarter’s choppy trading scene, relieving some concern investors had about lofty valuations. But the companies that move goods through a humming economy now look among the market’s best bargai... More »
PARIS (Reuters) – Air France KLM (AIRF.PA) shares fell on Monday as its Air France division faced further disruption to flights due to workers striking in protest over pay. Air France KLM shares were down 1.4 percent in early trading, among the worst performer... More »
CAPE CANAVERAL, Fla. (Reuters) – SpaceX postponed a planned launch on Monday of a Falcon 9 rocket carrying NASA’s latest planet-hunting satellite for 48 hours, citing problems with a guidance-navigation control system, launch team officials said. Blast-off fro... More »
DAR ES SALAAM (Reuters) – At least nine people in Tanzania’s commercial capital died after heavy rains flooded homes and roads, authorities said on Monday. Police chief Lazaro Mambosasa told journalists the people died as a result of heavy rainfall over the pa... More »
LONDON (Reuters) – Gatemore Capital Management has built a stake in Wincanton and called on the British logistics company to break itself up by selling one of its two divisions, according to a letter sent by Gatemore to its own investors. The asset management ... More »
NEW DELHI (Reuters) – Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group, said it will add 10,000 electric three-wheelers to its fleet over the next 12 months as part of a plan to promote the use of electric vehicles. Ola plans to have 1 million el... More »
SINGAPORE (Reuters) – Singapore’s competition watchdog on Friday outlined a set of interim measures for ride-hailing firms Grab and Uber Technologies to ensure an open market as it continued its investigation into their merger in the city-state. The Competitio... More »
JALORE, India (Reuters) – Bhawri Devi, an illiterate Indian laborer, thought she was dying when she started to lose her hearing last month. She went to a government hospital near her remote village in the western state of Rajasthan to be treated, but it did no... More »
KAIYUAN, China (Reuters) – A man in northeastern China who always wanted to own an aircraft is doing the next best thing: building a full-scale replica of an Airbus A320 jet. Zhu Yue, an aviation buff who worked as a welder and an auto mechanic, spent months s... More »
BOAO/BEIJING, China (Reuters) – Chinese President Xi Jinping on Tuesday promised to open the country’s economy further and lower import tariffs on products including cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United Sta... More »
SINGAPORE (Reuters) – Malaysia Airlines has launched a fresh tender process for 20-30 widebody jets that could supersede a deal with Boeing Co (BA.N) agreed during a high-profile U.S. visit by the country’s prime minister last year, a source with knowledge of ... More »
(Reuters) – Richard Branson’s company Virgin Galactic conducted a supersonic test flight over the Sierra Nevada mountains of its SpaceShipTwo passenger rocket ship on Thursday, the company said, three years after a fatal accident on an earlier version of the s... More »
MANILA/KUALA LUMPUR (Reuters) – Philippines and Malaysia said on Monday they will look into whether Uber Technologies’ [UBER.UL] move to sell its Southeast Asian business to ride-hailing rival Grab hinders competition, days after Singapore began a probe into t... More »
WASHINGTON (Reuters) – The U.S. National Transportation Safety Board said on Sunday it was “unhappy” that electric car maker Tesla Inc (TSLA.O) made public information about the crash of its Model X vehicle on Autopilot that killed the driver last month. The a... More »
(Reuters) – U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world’s biggest online retailer of getting unfairly cheap rates from the U.S. Postal Service and not paying enough tax. Trump’s comments on... More »
LONDON (Reuters) – A satellite company wants to bring reliable internet to airline passengers worldwide. But some investors don’t seem to be buying it. Inmarsat’s mission to bring wi-fi to passenger jets did instill great faith in some fund managers. But compe... More »
An employee of German car manufacturer Porsche displays a badge depicting a Porsche logo at the Porsche factory in Stuttgart-Zuffenhausen, Germany, January 26, 2018. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) sports car maker Porsche... More »
Locals surround a house that was covered by a landslide in the town of Mendi after an earthquake struck Papua New Guinea’s Southern Highlands, in this image taken February 27, 2018 obtained from social media. Francis Ambrose/via REUTERS ATTENTION EDITORS – THI... More »
A man walks past the world’s first autonomous pods which was launched by the Roads and Transport Authority of Dubai in Dubai, United Arab Emirates February, 28, 2018. Picture taken February, 28, 2018. REUTERS/Satish Kumar DUBAI (Reuters) – Dubai has begun test... More »
FILE PHOTO: Freight trucks are driven on the Fisher freeway in Detroit, Michigan, U.S., March 27, 2009. REUTERS/Rebecca Cook/File Photo SEATTLE/BOCA RATON, Fla. (Reuters) – The drive for cost cuts and higher margins at U.S. trucking and railroad operators is p... More »
President of Carnival Cruise Line Australia Sture Myrmell and Vice President and General Manager of Carnival Cruise Line Jennifer Vandekreeke speak to the media in Sydney, Australia, February 16, 2018. Picture taken February 16, 2018. AAP/Joel Carrett/via REUT... More »
MEXICO CITY/LONDON (Reuters) – A subsidiary of Standard Life Aberdeen Plc, one of the world’s largest asset managers, is pressuring a Mexican airport developer to change its shareholder structure, three years after unsuccessfully trying the same strategy in a ... More »
Director Clint Eastwood (2nd R) poses with cast members (L-R) Jenna Fischer, Alek Skarlatos, Spencer Stone and Anthony Sadler at a premiere for “The 15:17 to Paris” in Burbank, California, U.S., February 5, 2018. REUTERS/Mario Anzuoni LOS ANGELES (Reuters) – I... More »
CAPE CANAVERAL, Fla. (Reuters) – The world’s most powerful rocket, SpaceX’s Falcon Heavy, roared into space through clear blue skies on its debut test flight on Tuesday from a Florida launch site in another milestone for billionaire entrepreneur Elon Musk’s pr... More »
FILE PHOTO: The Allergan logo is seen in this photo illustration in Singapore November 23, 2015. REUTERS/Thomas White/File Photo PARIS (Reuters) – Botox-maker Allergan (AGN.N) has embarked on a big push in China where it plans to hire 200 additional staff this... More »
The Honda booth displays the company logo at the North American International Auto Show in Detroit, Michigan, U.S., January 16, 2018. REUTERS/Jonathan Ernst TOKYO (Reuters) – Honda Motor Co Ltd (7267.T) on Friday said it expected China would overtake the Unite... More »
The oil spill from a stricken Iranian tanker Sanchi that sank on Sunday is seen in the East China Sea, on January 16, 2018 in this photo provided by Japan’s 10th Regional Coast Guard. 10th Regional Coast Guard Headquarters/Handout via REUTERS TOKYO (Reuters) –... More »
Dieter Zetsche, CEO of Mercedes car maker Daimler AG speaks during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) – Car and truck maker Daimler on Friday said it was open to considering a br... More »
FILE PHOTO: Tesla’s new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. REUTERS/Alexandria Sage/File Photo SEATTLE (Reuters) – Elon Musk, the chief executive of Tesla Inc, has said little about how he pl... More »
A handout photo supplied by the New Zealand Defence Force shows survivors from a ferry that sunk floating in a boat in the sea near the South Pacific nation of Kiribati, January 27, 2018. Picture taken January 27, 2018. New Zealand Defence Force/Handout via RE... More »
FILE PHOTO: Test drivers use a Lexus SUV, built as a self-driving car, to map the area prior to a journey without a driver in control, in Phoenix, Arizona, U.S., April 5, 2016. Courtesy of Google/Handout via Reuters (Reuters) – Two-thirds of Americans are unco... More »
Philippines’ President Rodrigo Duterte Rodrigo Duterte gestures during a news conference on the sidelines of the Association of South East Asian Nations (ASEAN) summit in Pasay, metro Manila, Philippines, November 14, 2017. REUTERS/Dondi Tawatao NEW DELHI (Reu... More »
Pope Francis celebrates the marriage of crew members Paula Podest (C) and Carlos Ciufffardi (L) during the flight between Santiago and the northern city of Iquique, Chile January 18, 2018. Osservatore Romano/Handout via REUTERS ABOARD THE PAPAL PLANE (Reuters)... More »
German Chancellor Angela Merkel arrives for a statement at the CDU headquarters in Berlin, Germany, January 21, 2017, after Germany’s Social Democrats (SPD) voted to begin formal coalition talks with Chancellor Merkel’s conservatives. REUTERS/Axel Schmidt BERL... More »
Birds fly over the White House in Washington, U.S., on the second day of Government shutdown, January 21, 2018. REUTERS/Yuri Gripas (Reuters) – U.S. lawmakers struggled on Sunday to reach a breakthrough during the second day of a government shutdown. If Republ... More »
FILE PHOTO: Cranes rise above Carillion’s Midland Metropolitan Hospital construction site in Smethwick, Britain January 11, 2018. REUTERS/Darren Staples/File Photo LONDON (Reuters) – Britain’s Carillion (CLLN.L) collapsed on Monday after its banks lost faith i... More »
LONDON (Reuters) – Britain scrambled two Royal Air Force Typhoon jets on Monday from Scotland to intercept Russian planes near the United Kingdom’s airspace, a defense ministry spokesman said. The Typhoons were scrambled from RAF Lossiemouth in Moray, Scotland... More »
The logo of Airbus is pictured at the company’s headquarters in Colomiers near Toulouse, France, October 19, 2017. REUTERS/Regis Duvignau PARIS (Reuters) – Frenetic selling in the closing weeks of 2017 saw Airbus (AIR.PA) overhaul Boeing’s (BA.N) recent lead i... More »
DETROIT (Reuters) – General Motors Co (GM.N) is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing fleet in 2019, executives said... More »
Protesters clash with riot police during a demonstration outside the parliament building against planned government reforms in Athens, Greece January 12, 2018. REUTERS/Alkis Konstantinidis ATHENS (Reuters) – Thousands of Greek protesters marched in central Ath... More »
ANKARA (Reuters) – Turkey on Friday reinstated more than 1,800 civil servants purged after a 2016 failed coup, determining they had no links to the network of a cleric accused of masterminding the putsch, state-run Anadolu news agency said. Prosecutors last ye... More »
French President Emmanuel Macron attends a news conference at the French Embassy in Beijing, China, January 10, 2018. REUTERS/Charles Platiau BEIJING (Reuters) – French President Emmanuel Macron said a contract with China for 184 Airbus A320 narrow-body jets w... More »
French President Emmanuel Macron attends the opening of the first meeting of the French-Chinese business council in Beijing Janaury 9, 2018. REUTERS/Ludovic MARIN/Pool BEIJING (Reuters) – French President Emmanuel Macron said a contract with China for 184 Airb... More »
WASHINGTON (Reuters) – A bipartisan group of U.S. senators met with administration officials on Tuesday to discuss drafting legislation to spend $1 trillion on improving the country’s infrastructure, a goal that President Trump made a priority in the 2016 elec... More »
People attempt to rescue flood victims in Lanao Del Norte, Philippines, in this December 22, 2017 photo obtained from social media. Courtesy Aclimah Cabugatan Disumala via REUTERS HANOI/MANILA (Reuters) – Authorities in Vietnam prepared to move a million peopl... More »
A man rides a tricycle past vehicles through a junction in Beijing, December 10, 2013. REUTERS/Jason Lee SHANGHAI (Reuters) – China will invest a similar amount next year on transportation infrastructure as it did in 2017, with projects to include 5,000 km of ... More »
FILE PHOTO: A view of the cockpit of a new Cathay Pacific Airways Airbus A350 after being received by the airline at Hong Kong Airport May 30, 2016. REUTERS/Bobby Yip/File Photo SINGAPORE (Reuters) – Pilots at Cathay Pacific Airways Ltd (0293.HK) voted in favo... More »
Australian police patrol the area where a driver on Thursday deliberately ploughed into pedestrians in central Melbourne, Australia, December 22, 2017. REUTERS/Sonali Paul MELBOURNE (Reuters) – Nearly half the 19 people injured when a driver with no known extr... More »
FILE PHOTO: A pilot disembarks a Ryanair flight at Stansted airport in London, Britain September 27, 2017. REUTERS/Clodagh Kilcoyne BERLIN (Reuters) – Ryanair’s efforts to avert its first ever pilots strike collapsed on Friday as pilots in Germany held a four-... More »
PARIS (Reuters) – ArianeGroup, the space-launchers joint-venture between Airbus and Safran, has passed an industrial milestone allowing it to move ahead with production of the first Ariane 6, Europe’s next-generation rocket, the company said on Monday. The fir... More »
TOKYO (Reuters) – Japanese prosecutors on Monday raided the offices of two of the country’s biggest construction firms as they expanded an investigation into suspected collusion over contracts for an $80 billion high-speed magnetic levitation (maglev) train li... More »
FILE PHOTO – Hunter Harrison speaks to the economic community at a business luncheon in Toronto, March 2, 2015. REUTERS/Mark Blinch (Reuters) – CSX Corp (CSX.O) said on Thursday its Chief Executive Officer Hunter Harrison was taking medical leave, an announcem... More »
FILE PHOTO – A woman walks past Didi Chuxing’s booth at the Global Mobile Internet Conference (GMIC) 2017 in Beijing, China April 28, 2017. REUTERS/Jason Lee MEXICO CITY/SAN FRANCISCO (Reuters) – Didi Chuxing, China’s ride-hailing behemoth, plans to expand int... More »
Salvador Nasralla, presidential candidate for the Opposition Alliance Against the Dictatorship gives a speech to supporters as he takes part in a protest while the country is still mired in chaos over a contested presidential election in Tegucigalpa, Honduras ... More »
People walk past an Uber advertisement outside the Uber main office in Mandaluyong city, metro Manila, Philippines August 15, 2017. REUTERS/Dondi Tawatao BRUSSELS (Reuters) – Ride-hailing app Uber [UBER.UL] said on Monday it was joining a global public transpo... More »
FILE PHOTO: Children pass by a self-driving Chevy Bolt EV car during a media event by Cruise, GM’s autonomous car unit, in San Francisco, California, U.S. on November 28, 2017. REUTERS/Elijah Nouvelage/File Photo SAN FRANCISCO/DETROIT (Reuters) – General Motor... More »
A Balinese man sits as Mount Agung volcano erupts at Lempuyang Temple in Karangasem, Bali, Indonesia November 27, 2017. REUTERS/Johannes P. Christo DENPASAR, Indonesia (Reuters) – Indonesia raised its warning for Bali’s Mount Agung volcano to the top level fou... More »
FILE PHOTO: The charging plug of an electric Volkswagen Passat car is pictured at charging station at a VW dealer in Berlin, Germany, February 2, 2016. REUTERS/Fabrizio Bensch/File Photo LONDON (Reuters) – Royal Dutch Shell (RDSa.L) has partnered with top carm... More »
FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo MEXICO CITY (Reuters) – Mexico’s transparency body said on Sunday it would seek information from Uber about the consequences of a lar... More »
FILE PHOTO: Monsanto logo is displayed on a screen where the stock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 9, 2016. REUTERS/Brendan McDermid/File Photo MEXICO CITY (Reuters) – Monsanto Co said on Thursday that M... More »
Dave Ross, President and CEO of WASINC International, poses beside a recruitment banner in Hong Kong, China November 20, 2017. Picture taken November 20, 2017. REUTERS/Bobby Yip SHANGHAI/SINGAPORE (Reuters) – Chinese airlines are circling disaffected pilots at... More »
FILE PHOTO: A man arrives at the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – A U.S. judge ruled that Uber can force an unhappy Connecticut customer’s price-fixing case against the ride-serv... More »
China issued guidelines on Monday aimed at boosting private investment in manufacturing, including stepping up fiscal support and "innovative financing" for private firms to gear towards greener development and move up the value chain. More »
An Airbus A380, the world’s largest jetliner, takes part in flying display, during the 52nd Paris Air Show at Le Bourget Airport near Paris, France June 25, 2017. REUTERS/Pascal Rossignol DUBAI (Reuters) – A preliminary deal to sell 36 A380s to Emirates blew u... More »
An Uber driver cleans his car as his cell phone shows the queue to pick up passengers departing Guarulhos International Airport in Sao Paulo, Brazil, February 13, 2017. REUTERS/Nacho Doce BRASILIA (Reuters) – The head of Brazil’s lower house of Congress said o... More »
The Tesla Semi. Tesla/via REUTERS (Reuters) – Tesla Inc (TSLA.O) on Friday got high-profile orders from Wal-Mart Stores Inc (WMT.N) and fleet operator J.B. Hunt (JBHT.O) for its future electric truck, but would-be customers indicated they are giving the big ri... More »
Emirates [EMIRA.UL] has the flexibility to order more Boeing (BA.N) 787s under the same commercial terms as its deal announced on Sunday, the airline's president Tim Clark said on Tuesday. More »
The U.S. Senate voted Monday to approve a senior Transportation Department nominee and advance another nomination, after Republicans accused Democrats of blocking some nominees to push for funding of a New York area infrastructure project. More »
General Electric Co's (GE.N) new Chief Executive John Flannery on Monday outlined steps that will turn the biggest U.S. industrial conglomerate into a smaller, more focused company, surprising some investors who sold the company's shares to a five-year low. More »
Rising Middle East tensions and a corruption crackdown in Saudi Arabia will cast a shadow over next week's Dubai Airshow, as military and aerospace leaders try to gauge whether they might prolong a weapons-buying spree in the region. More »
The Catalan parliament's speaker was to be released from prison on Friday, but the terms she agreed to in exchange for being granted bail seem likely to prevent her from campaigning on a pro-independence ticket for regional elections next month. More »
Taxi app Uber [UBER.UL] lost a bid on Friday to overturn a decision by a tribunal which had said its drivers deserved workers' rights such as the minimum wage, in a blow to the company as it also battles to keep its license in London. More »
India plans to spray water over its capital, New Delhi, to combat toxic smog that has triggered a pollution emergency, officials said on Friday, with conditions expected to worsen over the weekend. More »
The death toll from the typhoon that struck Vietnam at the weekend has risen to at least 49, the government said on Monday. More »
Iraqi Kurdish political parties opposed to Masoud Barzani, the outgoing Kurdistan region leader, reported attacks on their offices in several cities overnight hours after Barzani announced his resignation. More »
State-owned Saudi Arabian Airlines said it will start flying regularly to Iraq on Monday after a 27-year halt, state news agency SPA said. More »
General Electric Co (GE.N) executives did not tell the multinational conglomerate's board until October about a spare business jet that routinely flew for its now-retired chief executive, the Wall Street Journal reported on Sunday, citing people familiar with ... More »
Chinese search engine giant Baidu and Shouqi Limousine & Chauffeur, a car-hailing operator, are joining up to develop driverless vehicles, the official Xinhua media service reported on Saturday. More »
The chief executive of Uber Technologies Inc, Dara Khosrowshahi, will visit its operations in Brazil next week, the company told Reuters on Friday, as the country's Congress nears a vote on legislation threatening its business model. More »
Lei Xu and Justin Song once worked at electric carmaker Tesla Inc, one of the hottest companies in Silicon Valley. But with interest and investments in autonomous vehicles mounting, they left to pursue what they see as the next big thing. More »
A rapidly weakening typhoon Lan made landfall in Japan on Monday, setting off landslides and flooding that prompted evacuation orders for tens of thousands of people, but then headed out to sea after largely sparing the capital, Tokyo. More »
Charles Schumer, the top Democrat in the U.S. Senate, called on President Donald Trump on Sunday to name a single official to oversee and coordinate relief efforts in hurricane-ravaged Puerto Rico. More »
Boeing Co said on Thursday it invested in Near Earth Autonomy, a Pittsburgh-based firm that develops technologies enabling autonomous flight such as drones. More »