Murray Naismith has returned to Ford as Australia and New Zealand CFO after 20 years, bringing nearly three decades of automotive finance and operational experience across Australia, New Zealand and South-East Asia.
TRANSPORT
Toyota Reports First-Half Sales Decline
The world's largest automaker posted its first first-half drop in global sales and production in two years, driven by weaker demand in China.
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BMW Appoints New HR Chief Amid Cost-Cutting Push
BMW has named Dorothea von Boxberg as its new HR chief as the company steps up cost-cutting efforts and prepares for further efficiency measures following its recent profit warning.
China Becomes Innovation Engine for Global Automakers
Key Highlights China’s legacy automakers are out for their cash, offering up access to vehicle development on the world’s largest auto market in exchange for continued expansion. GM, VW and Renault are continuing to lean on Chinese Engineering teams for…
Union Pacific, Norfolk Southern Defend $85 Bn Merger With Divestment Offer
The rail operators have offered to divest stakes in several jointly owned rail assets as they seek regulatory approval for a merger that would create the first U.S. coast-to-coast freight rail network.
Uber Hits Pause on Five European Market Launches
Expansion plans in countries including Austria, Norway and Greece have reportedly been delayed as Uber concentrates on building momentum in recently launched markets.
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Continental to Sell ContiTech Business to Lone Star Funds in €4B Deal
SK Hynix is weighing a 0.5% underwriting fee ahead of its planned Nasdaq ADR listing, with book building set to begin on July 6.
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Honda, Nissan Set to Expand Alliance After Merger Talks Collapse
The two automakers are nearing a cooperation agreement focused on technology, software and vehicle development as they seek to cut costs and compete in the EV era.
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Qantas launches 2027 nonstop Sydney‑NY and Melbourne‑London flights
Qantas is expected to announce the first Project Sunrise destination as the airline prepares for ultra-long-haul nonstop flights connecting Australia with London or New York from 2027. The project is set to influence long-haul travel, airline competition and business connectivity between Australia, North America and Europe.