Malaysia’s AirAsia Group Bhd plans to launch an air taxi service and the country’s first drone delivery service as the budget carrier seeks to diversify amid the coronavirus pandemic, the…
Category: Business

BT denies any CEO rift behind chairman’s retirement
BT denied any “misalignment” between board and management on Saturday after Sky News said that CEO Philip Jansen had indicated he might resign unless the company replaced its chairman. The…

Twitter’s Dorsey auctions first ever tweet as digital memorabilia
“just setting up my twttr” - the first ever tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique digital…

Disneyland, other California theme parks, stadiums could reopen April 1
California health officials set new rules on Friday that would allow Disneyland and other theme parks, stadiums and outdoor entertainment venues to reopen as early as April 1, after a…

Investor Chamath Palihapitiya confirms selling shares in Virgin Galactic
Venture investor Chamath Palihapitiya on Saturday confirmed in a tweet that he has freed up some capital by selling shares in Virgin Galactic Holdings Inc, for investing at scale without…

A side of shares’: Deliveroo to offer 50 million pounds of stock to customers
Deliveroo said shares worth 50 million pounds ($69 million) would be earmarked for customers in its upcoming flotation, with the offer branded “Great food with a side of shares”. The…

Texas power regulator rejects request to cut $16 billion in charges during freeze
Texas’ state power regulator on Friday unanimously vetoed a request to cut about $16 billion from state power charges during the final day of the state’s February cold snap, saying…