Bloomberg Singapore Airlines Ltd plans to raise as much as S$850 million ($630 million) via the sale of convertible bonds as it seeks to increase liquidity amid a pandemic that’s wiped out travel demand. The funds will be used for operating cash flow, to service debt and for capital expenditure, Singapore’s flagship carrier said in an exchange filing. The pricing ...

Bloomberg Ford Motor Co, playing catch-up to Tesla Inc in electric cars, is rolling out a battery-powered cargo van to lay claim to a new segment of the commercial fleet market that its gas-powered vehicles dominate. Chief Executive Officer Jim Farley unveiled an electric version of its Transit model, the ubiquitous airport shuttle, delivery and service van that is the ...

Bloomberg Walmart Inc is about to team up with Cruise LLC, the self- driving car unit majority-owned by General Motors Co, to experiment with delivering customer orders using driverless vehicles. Cruise’s robot-piloted cars will ferry orders to customers’ homes from a Walmart store in Scottsdale, Arizona, starting early next year, Tom Ward, the retailer’s senior vice president of customer product, ...