As per data from AirDNA showed Airbnb bookings have collapsed by 40 per cent in China and European cities due to the Covid-19 pandemic, their plans for an initial public offering this year are seriously in doubt. The cancellation or suspension of big conferences and festivals such as South by South West in Austin, Texas…
Canadian PM Justin Trudeau and his wife Sophie Gregoire Trudeau are in 14-day isolation after she tests positive. Brazilian President Jair Bolsonaro is being tested after aide tests positive. In the UK 800 people are infected with 10 dead. Arsenal manager Mikel Arteta and Chelsea player Callum Hudson-Odoi catch virus. England’s local elections, due in…
IBM is suing Airbnb over what it claims it the illegal use of four patents in a move that casts doubt over the short-term rental company’s attempts to a proposed listing. IBM patents are homegrown and resulting from our more than $5bn investment a year in R&D. After six years of unsuccessful discussions with Airbnb,…
Flights from 26 countries, not including the UK to be suspended amid the coronavirus outbreak for 30 days starting from Friday midnight. The travel order does not apply to US citizens. There are 1,1 35 confirmed cases of the virus across the US with 38 deaths so far. Mr. Trump said the European…
Harvey Weinstein sentenced to 23 years in prison. on Wednesday in a New York courtroom . The 67-year-old disgraced film producer was found guilty, a dramatic fall from grace for one of the Hollywood’s most powerful figures. His lawyers appealed for leniency saying even the minimum sentence of five years could be a life sentence. But prosecutors…
Chancellor Rishi Sunak in his bold budget speech suspended business rates for shops and cafes, Beer, wine and cider duties were frozen as pubs get help, UK interest rates cut in an emergency move, and promises his measures to help the economy tackle the coronavirus outbreak which is expected to bring a “significant” short-term…
“The Bold, the Corrupt and the Beautiful” – An award-winning film comes to UK Cinemas. Yang Ya-Che is the Writer and Director of this film. He has also directed Orz Boyz and GF*BF. The mainly female stars include Kara Wai (Happiness), We Ke-XI (the road to Mandalay), Vicky Chen (Angles Wear White) and…
Thousands of flights have been canceled worldwide to cope with the slump in demand caused by the coronavirus. Ryan Air will stop services to and from Italy from Friday 8 April, BA scrapping its routes until 4 April as Italy goes into total lockdown. Easy Jet has cancelled all of its flights to and from…
Jingye who completed the acquisition of British Steel saving 3200 jobs, but the rescue deal give only control of the manufacturer’s British and Dutch sites not its factory in Hayange, in northern France. Li Huiming CEO of Jingye. British Steel’s Hayange plant is deemed a strategic national asset by France as it supplies rail for…
Tesco agrees to sell its south-east Asian operations for $10.6bn Tesco has agreed to sell its south-east Asian operations for $10.6bn in cash to Charoen Pokphand, making it Asia’s largest corporate acquisition in the year to date and the biggest in Thailand’s history. Tesco said the sale would return about £5bn to shareholders via a…