Grab, the dominant ride-hailing and food delivery firm in South East Asia, is preparing to list shares in the US in a deal that values the firm at nearly $40bn…
Category: Business News
France: Lawmakers moves to ban short-haul domestic flights
French lawmakers have moved to ban short-haul internal flights where train alternatives exist, in a bid to reduce carbon emissions. Over the weekend, lawmakers voted in favour of a bill…
USA: The ‘Iron Man’ body armour that makes you super strong and tireless.
Imagine wearing high-tech body armour that makes you super strong and tireless. Such technology, more specifically called an exoskeleton, sounds like the preserve of the Iron Man series of superhero…
China: Alibaba fined $2.75bn by Chinese regulator
The world’s biggest online retailer – China’s Alibaba – has been hit with a record fine equivalent to $2.75bn (just over £2bn). Regulators in China said the internet giant had…
UK: Buckingham Palace garden picnic tickets on sale
Visitors to Buckingham Palace will be allowed to wander around its gardens unguided for the first time, the Royal Collection Trust (RCT) has said. The traditional summer opening of the…
USA: Restaurants face ketchup packet shortage
The US is facing shortages of tomato ketchup after the coronavirus pandemic led to a surge in demand for sachets of the popular condiment. Heinz, the most widely sold brand…
UK: ‘Disappointed’ travel chiefs seek clarity from PM
Leading travel industry figures have reacted with dismay to Boris Johnson’s latest comments on the lockdown roadmap, saying they need more clarity. The prime minister said he was “hopeful” that…
USA: Amazon’s Jeff Bezos backs tax rise on companies
Amazon boss Jeff Bezos has said he supports raising taxes on US companies. The comments by the world’s richest man come as US President Joe Biden is pushing to raise…
USA: Forbes adds Kim Kardashian West to billionaire club
US reality TV star Kim Kardashian West has joined the elite club of the super-rich (in case anyone had any doubts) by achieving billionaire status. Her net worth reached $1bn…
Netherlands: Two arrested over Van Gogh and Frans Hals museum thefts
Police have arrested a man over art thefts in two Dutch towns several months apart last year. The 58-year-old, arrested at his home in the central town of Baarn, is…