New figures show that freight transported by rail is playing an increasingly vital part in bringing Christmas cheer to the ...

Police yesterday, November 30, arrested six suspects for stealing beer from a container train at Hat Yai Train Station during the ongoing flood crisis in Songkhla. Officers are still searching for the ...

MOSCOW. Nov 25 (Interfax) - FESCO Transportation Group, whose parent company is PJSC Far East Shipping Company (FESCO), has dispatched the first container train fully loaded with 40-foot flexi-tanks ...

Asda’s debt has been downgraded as its profits are forecast to slump more than anticipated. Ratings agency Fitch confirmed yesterday (24 November) it has reduced its rating of the supermarket’s ...

Supermarket clothing brand George at Asda has officially dropped its Black Friday clothing deals, and shoppers are already eyeing up the savings across some of the major categories. This year's event ...

Grocery giant Asda has agreed to sell 24 supermarket sites and a key depot in a deal worth £568 million. In a move to improve its finances, the debt-laden retailer will utilise a sale-and-leaseback ...

LONDON, Nov 20 (Reuters) - British supermarket group Asda has raised 568 million pounds ($742 million) from sale-and-leaseback agreements on 24 stores and a depot, it said on Thursday, providing a ...

Supermarket chain Asda is selling 24 of its stores and will rent them back as it struggles with its debt mound. There will be no change to the shops, nor its Lutterworth depot, which has also been ...

Asda has announced a major change affecting 24 stores and a depot. It has agreed to offload a substantial number of supermarkets and a distribution depot in a bid to strengthen its financial position.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Asda has raised close to £600mn from two sale-and-leaseback deals as its private equity owner TDR Capital uses ...

KUALA LUMPUR: The Transport Ministry has set up two special task forces to investigate the container explosion incident at the Port of Tanjung Pelepas (PTP), Johor, and the runaway KTM Komuter train ...

Transport minister Loke Siew Fook said the two task forces were set up to ensure investigations were transparent, independent and free from any external influence. (Bernama pic) The transport ministry ...