Singapore Airlines Ltd said on Tuesday it would defer over S$4 billion ($3.01 billion) of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers…
Category: Business
Honda raises full-year profit forecast helped by car sales rebound, cost cuts
Japanese automaker Honda Motor Co on Tuesday hiked its full-year operating profit forecast 23% to 520 billion yen as demand in China and elsewhere gained momentum and it trimmed costs.…
JP Morgan’s board rejects switch to stakeholder-focused entity
JPMorgan Chase & Co CEO Jamie Dimon has led calls for companies to consider the needs of workers, communities and customers as well as those of shareholders. But now it…
Honda and Nissan to sell a quarter of a million fewer cars because of chip shortage
Japan’s second and third largest automakers, Honda Motor and Nissan Motor, will sell a combined 250,000 fewer cars in the current financial year as a global shortage in semiconductor chips…
U.S. farmers eye range of good planting options after biggest grains rally in years
Illinois farmer Fred Helms is so eager for his next soybean crop he invested in a faster-maturing variety of soy seeds in hopes of beating other farmers to harvest the…
Can you buy a Tesla with bitcoin? How the payments might work
Tesla Inc expects to allow customers to pay for its electric vehicles with bitcoin soon, the automaker said on Monday, a move that could expand how the most popular cryptocurrency…
Volkswagen explores flying cars in China
Volkswagen is conducting a feasibility study in China about flying cars, Europe’s biggest automaker said on Tuesday, joining a growing number of companies looking into the potential technology. “Beyond autonomous…