The CCCS warns that Grab's proposed acquisition of Trans-cab could lead to unfair market dominance in Singapore's ride-hailing sector, reducing competition and boosting driver shortage.
Sectors
Tesla Delays Launch of Long-Awaited Robotaxi, Triggering 8% Drop in Stock Value
Elon Musk's Tesla shares fell 8% after reports that it would delay its Robotaxi debut by two months.
Delta Draws Flak Over Social Media Post on Palestinian Flag Pins
Delta Airlines recently came under fire for its response to a social media post about its flight attendants wearing Palestinian flag pins.
Dollar General Agrees to $12 Million Fine, Promises Safer Work Environments
Dollar General has agreed to pay a $12 million fine and implement enhanced safety measures across its nationwide retail stores following a settlement with the US Department of Labor.
Elon Musk Vows to Restore Disney+ in Teslas if Disney Resumes Ads on X
Elon Musk promises to reinstate Disney+ in Tesla vehicles if Disney resumes advertising on his social media platform, X.
Latest News
Volkswagen is partnering with QuantumScape to develop solid-state batteries for future vehicles, aiming to enhance the energy storage capacity and safety of 1 million electric vehicles per year.
The US Energy Department plans to buy up to 4.5 million barrels of oil to replenish the Strategic Petroleum Reserve (SPR).
Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain.
China's push to implement robotaxis gains favor from the public but sparks job security concerns among traditional taxi drivers, especially with Baidu's plan to expand its fully driverless fleet in major cities.
Elon Musk's Neuralink has announced that the tiny wires in the brain chip implanted in its first trial participant are now stable.
US sanctions have created obstacles for Russian imports of Chinese cars. US sanctions have created obstacles for Russian imports of Chinese cars, which have been crucial for the domestic market in recent years.
The US Federal Trade Commission (FTC) is reportedly filing a lawsuit against the three biggest prescription drug middlemen over insulin prices.
As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.
Hotel guests in New York will no longer be able to receive "hospitality care" goods like shampoo and lotion in small bottles.
