ComfortDelGro is extending its daily rental relief until September to help its taxi drivers, a move which it says will push it into the red.
Losses mount for rail operator SMRT Trains, as maintenance expenditure now accounts for 71% of rail-fare revenue, up from 45% just three years ago.
All-electric HDT, Singapore's newest taxi operator, has been in the red since 2014, now it says it is 'financially and operationally' viable.
Land Transport Authority (LTA) will attempt to recover some of the losses made due to the bankruptcy of Alpine Bau - with the insolvency administrator.
The Fiat Group has announced massive losses in European sales for 2011, as well as hitting a 20 year low in its home market of Italy
After posting record sales and profits last year, Porsche has seen a dramatic turnaround in fortunes after recording a US6.6 billion loss for the financial year ending July 31 2009
The German carmaker feels the full brunt of the global economic slowdown, as luxury car sales slump in major markets.
President Bush does not believe in Government assistance for companies that contribute to the U.S. economy, General Motors included.