News
US urges partners and allies to increase critical minerals supply chain resiliency
2+ hour, 55+ min ago (133+ words) US urges partners and allies to increase critical minerals supply chain resiliency'The Business Times US urges partners and allies to increase critical minerals supply chain resiliency [WASHINGTON] US Treasury Secretary Scott Bessent held a meeting on Monday with ministers from…...
Maersk explores more ethanol use for green fuel to cut reliance on China
1+ day, 15+ hour ago (191+ words) This will boost the shipping industry's decarbonisation efforts [COPENHAGEN] Danish shipping company Maersk is looking at increasing its use of ethanol as a fuel, which could reduce its dependence on China and boost the industry's decarbonisation efforts, the Financial Times…...
He runs the world’s biggest sovereign wealth fund, but his podcast made him famous
1+ day, 23+ hour ago (1219+ words) Nicolai Tangen says his more public approach is good for transparency and has given Norwegians greater exposure to the US$2.1 trillion fund WHEN Nicolai Tangen became the chief executive of Norway's sovereign wealth fund in 2020, he said he wanted to…...
2026 Subaru Solterra review: Subaru vs Porsche, Part 2
3+ day, 15+ hour ago (671+ words) It may not come with in-car karaoke or massage seats, but the Subaru Solterra offers something no Chinese EV does [SINGAPORE] The Subaru Solterra XT reminds me of an old rivalry that's still around. You might think it's just another…...
Private-hire car rental company Lumens ends leases early for around 100 drivers
4+ day, 19+ hour ago (15+ words) Private-hire car rental company Lumens ends leases early for around 100 drivers'The Business Times...
Tesla UK car sales slump 29% in December as competition heats up: data
6+ day, 19+ hour ago (322+ words) TESLA'S UK car registrations dropped by more than 29 per cent year-on-year in December, industry data showed on Tuesday, underscoring the intense competition faced by the US electric vehicle maker in its largest European market. The Elon Musk-led company's UK registrations…...
Tesla is no longer the top EV seller – why is it losing ground around the world?
1+ week, 1+ day ago (994+ words) Its global vehicle deliveries drops 9% in 2025 TESLA is facing a difficult road ahead after deliveries of its fully electric vehicles (EVs) declined for a second year in a row and were overtaken by Chinese rival BYD on an annual basis…...
China lowers battery scrap import duty to aid recycling sector
1+ week, 3+ day ago (343+ words) The move comes after Beijing first relaxed restrictions on such imports from August [SINGAPORE] China has lowered import tariffs for some battery scrap in a fresh bid to support its recycling industry. Among a broad list, the duty on so-called…...
Singapore car-sharing service Shariot pauses vehicle rental services ‘until further notice’
1+ week, 4+ day ago (306+ words) [SINGAPORE] Car-sharing company Shariot announced on Dec 31 that it has paused its vehicle rental services "until further notice. Shariot said in a Facebook post that the move is "part of an internal business restructuring and service review. "This pause allows…...
Autobahn Rent A Car and related companies’ moratorium application dismissed
2+ week, 3+ day ago (273+ words) The High Court ruling opens the way for creditor actions and insolvency proceedings, which may include being wound up [SINGAPORE] An application for a moratorium by a group of eight companies, including Autobahn Rent A Car, was dismissed by the…...