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Grab to accelerate EV rollout as fuel prices rise

Technology Group posts 24% revenue growth in first quarter A company sign at Grab’s Singapore headquarters. The superapp reported resilient first quarter revenue on Tuesday, helped by strong earnings for core services. © Reuters SINGAPORE — Ride-hailing and food delivery group Grab has said it will accelerate the introduction of electric vehicles as higher fuel […]

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Chinese firms suspend US expansion as business climate worsens

Business deals Investment in country unlikely to rebound meaningfully despite possible push by two leaders CGCC’s annual survey was conducted in March 2026, shortly after Israel and the U.S. attacked Iran and news emerged that Trump and Xi would delay their meeting in Beijing. (Nikkei montage) WASHINGTON — Many Chinese companies held back on expanding investments in the […]

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Japan’s Itochu to invest $9.5bn, eyes retaking trading house ‘triple crown’

Companies General trader aims to regain top market cap over Mitsui, Mitsubishi Itochu President Keita Ishii speaks with reporters on May 1. (Photo by Keiichi Furukawa) KEIICHI FURUKAWA and YUI SATO TOKYO — Japanese trading house Itochu plans to invest 1.5 trillion yen ($9.5 billion) toward raising its market capitalization and cementing its position at the top of […]