Airbnb IPO next year

Airbnb, the rental platform, valued at $31bn, with over $1bn revenue in its second quarter of 2019, and made more than $80bn from renting their homes since it was created, would float on the stock exchange by announcing its plans to go public next year. Brian Chesky, CEO, said the company would be ready for…

Tabata Amaral’s rising popularity

    Tabata Amaral, a 25-year-old Harvard educated lawmaker, has emerged as the rising star of Brazilian politics a liberal opponent to the often controversial and nationalistic president Jair Bolsonaro. Tabata Claudia Amaral  de Pontes, born  14 November 1993, is a Brazilian political scientist education activist and politician and currently a federal deputy for Sao…

BA pilots call off further strikes

British Airways pilots have called off the next strike in their dispute, scheduled for 27 September 2019 saying “ It was now time for a period of reflection before the dispute escalates further and irreparable damages is done to the brand. We hoped BA would now change its approach and negotiate seriously with a view…

Medical robotics  company with £1bn valuation

Five Cambridge medical engineers  who set up in 2014, a surgical robotic company  has hit a valuation of £1bn. CMR is launching its first surgical product and its  Versius, a versatile and portable robot that provides the surgeon with multiple arms to carry out a range of keyhole  with minimum access procedures after a £195m,…

Chinese corporation sell $40bn worth of overseas assets

Chinese corporations who became big player in international acquisitions a decade ago have now become net sellers of global assets for the first time this year. The recent trend is triggered by a 30-year low slow economic growth in China amid trade tensions with the US. Chinese companies have agreed to sell $40bn in overseas…

The OU at 50, the UK’s largest academic institution

The Open University received its Royal Charter 50 years ago offering people from all walks of life the chance to study for a degree through distant learning empowered over 2 million people including 7,000 overseas students who have taken up courses in the hope of changing their lives. The Open University came about under Prime…