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Malaysia Airlines braces for high fuel costs after doubling profit
12+ hour, 25+ min ago (423+ words) KUALA LUMPUR -- Malaysia Aviation Group, parent company of the national carrier Malaysia Airlines, warned that surging fuel costs and geopolitical ten Malaysia Airlines braces for high fuel costs after doubling profit Flag carrier says oil hedging cannot fully offset impact…...
Japan gets a taste for Suzuki Motor's canteen curries
12+ hour, 29+ min ago (282+ words) TOKYO -- Japan's Suzuki Motor, best known for its cars and motorcycles, is winning plaudits for an unlikely sideline -- a range of Indian curry produc Japan gets a taste for Suzuki Motor's canteen curries Indian food offered in staff cafeterias to…...
JAL and ANA to double surcharges as Iran war drives up fuel prices
23+ hour, 59+ min ago (492+ words) JAL and ANA to double surcharges as Iran war drives up fuel prices'asia.nikkei.com JAL and ANA to double surcharges as Iran war drives up fuel prices Japan transport industry operators pass on higher fuel costs to consumers TOKYO…...
Activist Elliott says Mitsui O.S.K.'s shareholder return plan falls short
1+ day, 5+ hour ago (454+ words) TOKYO -- U.S. activist investor Elliott Investment Management criticized Mitsui O.S.K. Lines' business plan on Wednesday, saying the Japanese shipping Activist Elliott says Mitsui O.S.K.'s shareholder return plan falls short Fund sees 'significant gap' between Japanese shipping company and its peers TOKYO -- U.S. activist…...
Toyota, Daimler-backed truck company kicks off to compete with China rivals
1+ day, 9+ hour ago (433+ words) Toyota, Daimler-backed truck company kicks off to compete with China rivals'Nikkei Asia Toyota, Daimler-backed truck company kicks off to compete with China rivals Archion, which integrates Hino Motors and Mitsubishi Fuso, simultaneously lists on Tokyo bourse TOKYO -- A new holding…...
Chinese airlines join rush to raise fuel surcharges
1+ day, 3+ hour ago (278+ words) HONG KONG -- Chinese airlines will significantly hike fuel surcharges for domestic flights on Sunday to account for surging oil prices, posing another Chinese airlines join rush to raise fuel surcharges Fees to rise by six times; Japan's ANA and JAL…...
Subaru secures $630m credit line from Mizuho, other banks as risks grow
1+ day, 18+ hour ago (430+ words) Subaru secures $630m credit line from Mizuho, other banks as risks grow'Nikkei Asia Subaru secures $630m credit line from Mizuho, other banks as risks grow CFO says Japanese automaker ready for capital spending over medium to long term TOKYO -- Subaru signed a…...
France attracts Taiwan EV battery maker, looks for others to set up shop
2+ day, 3+ hour ago (433+ words) TOKYO -- France has stepped up efforts to attract electric vehicle battery makers, including subsidizing a Taiwan startup's factory, with an eye on'bo France attracts Taiwan EV battery maker, looks for others to set up shop Pivot from self-reliance follows failure…...
China confirms three ships passed through Strait of Hormuz
2+ day, 6+ hour ago (578+ words) First non-Iranian container ships to leave Gulf since war began, Kpler says LONDON (Reuters) -- Three Chinese ships recently sailed through the Strait of Hormuz after coordination with relevant parties, a foreign ministry spokesperson told a regular daily press briefing on…...
Loaded Kuwaiti oil tanker ablaze in Dubai port after Iran attack
2+ day, 17+ hour ago (417+ words) No casualties reported; Brent futures rise over 2% after incident (Reuters) -- Iran attacked the fully-loaded Al Salmi crude oil tanker at Dubai port's anchorage on Monday, setting it ablaze and damaging its hull, Kuwait's state news agency reported, citing Kuwait Petroleum…...
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