The British food delivery firm Deliveroo cited the more than doubling of its orders during the first quarter when the Covid-19 lockdowns was in force was the initial step for proving itself after the debacle that it encountered during its last month’s public listing in London.   “We have a...

The British low cost airline easyJet effectively shrugged off concerns about the hit to air travel because of a potential third wave of Covid-19 infections in continental Europe – the possibility of which has dampened the hopes of a rebound in the travel industry this summer, as the airline said...

Apple wants the Securities and Exchange Commission (SEC) of the United States to make it mandatory for companies to disclose emissions made during their business processes including those that is generated from their "value chain," said a Tweet from Lisa Jackson, Vice President of Apple.  ...

Singapore-based taxi aggregator Grab, popular in Asia, officially announced preliminary parameters for its initial public offering in the US, which was previously only known with reference to media sources. Grab said the offering will take place over the next several months on the NASDAQ exchange,...

Air Canada and the Canadian government have agreed on a $4.7 billion financial aid package for the carrier. According to a statement from Air Canada, Canada's largest air carrier, these funds will help it cope with the effects of the COVID-19 pandemic. The aid package consists of loans totaling...

The plug-in hybrid cars that were in vogue not long ago as the vehicles for the climate-conscious could be phased out by auto companies due to more stringent environment rules by the European Union.   This one time “transition” technology – the plug-in hybrid vehicles (PHEVs), which contain...

Saudi oil and gas company Saudi Aramco has agreed to sell 49% in its new subsidiary Aramco Oil Pipelines Company to a consortium led by US-based EIG Global Energy Partners in a deal worth $12.4 billion, the company said in a statement. "Aramco has signed an agreement with a consortium led by EIG...

The US corporation Microsoft is in talks to buy Nuance Communications, an artificial intelligence and voice recognition technology company, Bloomberg reported citing sources. According to the agency, the deal is valued at $16bn. As clarified by interlocutors of Bloomberg, the agreement may be...

The denim maker Levi Strauss & Co beat estimates for quarterly results driven by a boost to its online sale during the Covid-19 pandemic on Thursday while also arising its half year revenue growth forecast as it said it was banking on the rollout of Covid-19 vaccines around the world which it...