Business - Page 6

The UK has “no authority” to impose tariffs as part of an aircraft subsidies row after leaving the EU, the US has said. The response comes after the UK said it would

The WSJ is reporting that Airbnb is expected to price its IPO at either $67 or $68 per share. The American hospitality unicorn raised its IPO price target earlier this week, from $44 to

Nutanix announced today that it was bringing in former VMware executive Rajiv Ramaswami as president and CEO. Ramaswami replaces co-founder Dheeraj Pandey, who announced his plans to retire in August. The new CEO

Demand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. This is good news for payment service operators, but the market is very fragmented, so adding payment

UK banks are well prepared for serious economic shocks and can continue to lend during the pandemic, the Bank of England has said. Banks have built up strong capital buffers since the

Airport operator Heathrow has said it will keep Terminal 4 closed until the end of next year as the pandemic continues to affect travel. The company said passenger numbers at the airport

Simon Taylor had been planning to stockpile wine before the end of the month just in case prices rise when the UK stops trading under EU rules. The wine merchant says he

All over the world startups are piling into the space marked “virtual interaction and collaboration”. What if a startup created a sort of ‘Club Penguin for adults’? Step forward Cosmos Video, which has

The stunning debut of the food delivery company DoorDash on the public market this week has plenty of people puzzled. While undeniably fast-growing, the unprofitable delivery company has come under fire numerous times over its employment practices, and its IPO,

Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the

Gorgias announced today that it has raised $25 million in Series B funding, bringing the startup’s pre-money valuation to $300 million. When the company raised its Series A just over a year ago, CEO Romain

Only a few months after announcing its $15 million Series A round, Tel Aviv-based cybersecurity firm Hunters today announced that it has received additional growth funding from Snowflake Ventures for its Open