International Companies
TravelPerk buys UK-based Click Travel
Business trip booking platform TravelPerk purchased UK-based Click Travel, the latest move in a buying spree from the Barcelona-based startup.
Tech giants threaten to leave Hong Kong over privacy law
Tech giants including Google, Facebook and Twitter have warned through an Asian industry group on Tuesday that they could cut their services in Hong Kong if Beijing goes ahead with its plans to impose new privacy laws.
Airbus delivers over 70 jets in June
Airbus delivered over 70 airplanes in June bringing it within just a whisker of the 300 mark for the first half of 2021.
GM expands China design studio to focus on EVs
General Motors announced on Monday an expansion of its design studio in China which will now focus on the development of electric and connected cars.
SoftBank buys perpetual Yahoo trademark license in $1.6bn deal
Z Holdings, a division of SoftBank, has purchased the Yahoo Japanese trademark perpetually and related tech infrastructure for $1. 6bn in a deal with Verizon Media.
Daimler, Volvo, Traton form $593m truck charging joint venture
Daimler AG, Volvo AB and Traton SE plan a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe worth $593m.
Chinese antitrust regulator to block Tencent merger
China's antitrust regulator is set to formally block Tencent Holdings's plan to merge the country's top two videogame streaming sites, Huya and DouYu.
Didi app pulled from stores in China after suspension order
Didi’s app has been removed from Chinese app stores after Beijing issued a suspension order over concerns from regulators regarding user data collection.
China opens investigation into Didi over cyber security issues two days after IPO
China’s cyberspace agency launched an investigation into ride-hailing company Didi Global over issues related to national security and the public interest.
Tesla delivers 201,250 cars in Q2, falls short of expectations
Tesla reported on Friday that it delivered 201,250 vehicles during the second-quarter, falling short of analysts' estimates.
Tesla car caught fire while owner was driving, claims lawyer
A Tesla Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving just three days after the model's launch, claimed an attorney for the driver.
Germany advised to combine AstraZeneca and mRNA vaccines to brake Delta variant
Germany's government committee on vaccinations believes combining the Covid-19 vaccine made by AstraZeneca and mRNA ones such as Pfizer's is the best way to combat the so-called Delta variant.
Richard Branson to beat Jeff Bezos into space by nine days
Virgin Galactic founder Richard Branson announced he would shoot off into space on the company's next test flight on 11 July.
Single shot of Covid-19 vaccine lowered viral load by 40 per cent, study shows
Those infected with Covid-19 after receiving their vaccine shots are likely to have a lower viral load and experience shorter infection times with milder symptoms, new research showed.
AMD secures EU antitrust approval for $35bn Xilinx acquisition
Advanced Micro Devices, the semiconductor designer, secured EU antitrust approval to go ahead with its $35bn acquisition of Xilinx.
MKS Instruments to buy Atotech in $6.5bn deal
MKS Instruments has agreed to buy specialty chemicals company Atotech in a $6. 5bn deal.