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Business 30 Apr 2019 | 12:00 AM Premium

Fiat Chrysler CEO sure carmaker can survive tech disruption

MILAN: Fiat Chrysler Automobiles NV is a “house of brands” and that ensures it will be one of the few traditional automakers to survive the disruption the car industry is facing from the rise of electric and self-driving cars, according to chief executive officer Mike Manley.

SMEBiz 29 Apr 2019 | 12:00 AM Premium

The e-commerce paradox

MANY of the new technology-based companies that have come into the market over the past few years have challenged the conventions of a traditional business model.

Business 27 Apr 2019 | 12:00 AM Premium

Uber to kick off investor road show with IPO terms

RIDE-HAILING company Uber Technologies Inc will unveil terms for its initial public offering (IPO) today, telling investors it will seek to be valued at between US$80bil and US$90bil, according to sources.

Business 25 Apr 2019 | 8:16 AM Premium

Petronas Dagangan's capex rises to RM500m

KUALA LUMPUR: Petronas Dagangan Bhd has set aside a higher capital expenditure (capex) of RM500mil for this year and plans to capitalise on the ride-hailing trend to boost sales.

Business 24 Apr 2019 | 8:45 AM Premium

Uber IPO filing shows a tech disruptor tempered by high insurance and fees

NEW YORK: Uber Technologies Inc.’s initial public offering chronicles how a “watershed moment” gave birth to a disruptive platform with more than three million drivers.

Business 22 Apr 2019 | 12:00 AM Premium

US startup tries remote-control trucks

FOR four days in February, Ben Shukman showed up to his office at Phantom Auto in Mountain View, California, sat down in front of a bank of computer screens with a steering wheel in a darkened room, and began driving. As the 25-year-old turned the wheel in Silicon Valley, an empty truck 2,500 miles away in Atlanta picked up semi trailers and towed them around a warehouse lot.

Business 20 Apr 2019 | 12:00 AM Premium

Pinterest, Zoom debuts set pace for unicorns’ IPO derby

SAN FRANCISCO: Pinterest Inc and Zoom Video Communications Inc. hit the public markets in soaring debuts, setting the pace for other so-called unicorns racing toward initial public offerings.

Business 15 Apr 2019 | 11:50 PM Premium

Wall Street slips as bank earnings disappoint

NEW YORK: Wall Street lost ground on Monday, dragged down by financials as underwhelming bank earnings curbed investor enthusiasm.

Business 15 Apr 2019 | 12:00 AM Premium

Inside SoftBank’s push to rule the road

SAN FRANCISCO: SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than US$13bil when the company goes public next month.

Business 13 Apr 2019 | 3:00 PM Premium

Inside SoftBank's push to rule the road

DETROIT: SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies Inc turn into more than $13 billion when the company goes public next month.