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Tesla’s Musk laments Singapore electric vehicle stance

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 »

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Global airlines slash profit outlook as fuel costs jump

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 »

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Businesses turn up heat on Mexican government over crime surge

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 »

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U.S. and EU again at odds over Airbus subsidies at WTO

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 »

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Elon Musk promises free rides through tunnel, but to where?

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 »

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UK PM May avoids London wipeout in local elections

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 »

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South Korean police seek arrest warrant for Korean Air daughter

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 »

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Rails, truckers have gotten cheap but trade wars a risk

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 »

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Air France KLM shares fall amid more strike disruption

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 »

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SpaceX delays launch of Falcon 9 rocket carrying NASA’s…

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 »

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At least 9 dead in floods in Tanzania’s commercial capital

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 »

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Singapore watchdog sets interim measures for Uber-Grab deal

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 »

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Hope trundles into remote hamlets on India’s hospital train

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 »

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Chinese aviation buff builds full-scale Airbus replica

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 »

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U.S. safety agency criticizes Tesla crash data release

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 »

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Trump attacks Amazon, again, over U.S. postal rates

(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 »

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Rocket science: will Inmarsat’s wi-fi in the sky pay off?

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 »

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Porsche could build flying taxis, says sales chief

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 »

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Dubai tests autonomous pods in drive for smart city

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 »

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Real life heroes star in Clint Eastwood French attack movie

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 »

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Allergan completes restructuring, pushes hard in China

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 »

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Daimler open to alliances, partial listing of mobility services

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 »

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Search resumes after eight survivors of Kiribati ferry rescued

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 »

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Most Americans wary of self-driving cars: Reuters/Ipsos poll

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 »

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Pope defends in-flight wedding from conservative headwinds

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 »

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Germany’s SPD wants Merkel to sweeten coalition deal

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 »

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Factbox: Impact of the U.S. government shutdown

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 »

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UK government seeks to limit damage after Carillion collapses

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 »

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Britain scrambles two Typhoon jets to intercept Russian planes

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 »

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Airbus wins 2017 order race after last-minute sales spree

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 »

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Vietnam braces for typhoon as Philippine toll rises to 230 dead

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 »

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Ryanair hit with first ever pilots strike

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 »

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ArianeGroup to start building first Ariane 6 launcher

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 »

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CSX CEO Hunter Harrison takes medical leave amid rail overhaul

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 »

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Uber joins forces with global public transport association

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 »

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Chinese airlines court Cathay pilots facing pay squeeze

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 »

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Airbus faces tricky hurdles over stalled A380 Emirates deal

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 »

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J.B. Hunt, Wal-Mart climb aboard Tesla’s electric truck

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 »

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Senate approves Trump Transportation Department nominee

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 »

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Shrinking GE rattles investors, shares hit 5-year low

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 »

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Middle East tensions loom over Dubai aerospace pageant

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 »

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GE Board did not know about CEO`s extra plane: WSJ

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 »

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Uber CEO heads to Brazil amid new legislative threat

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 »

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Self-driving startups race down a narrowing road

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 »