Airbnb has announced a global ban on parties and events listed on its platform in a bid to comply with Covid-19 health protocols.
Author: Agency Staff
Eskom has suspended planned power cuts, after returning to service overnight three generating units at coal-fired power stations, the state utility said on Friday.
China will take “all necessary measures” to protect its firms’ legitimate interests, the commerce ministry said, in response to the US move this week to further tighten restrictions on Huawei.
Short-term home rental company Airbnb has filed confidentially for an initial public offering with US regulators, setting the stage for one of 2020’s marquee stock market debuts.
Oracle’s bid for the US operations of TikTok received the backing of US President Donald Trump, bolstering the software maker’s attempt to derail takeover talks led by rival Microsoft.
Apple became the first publicly listed US company with a $2-trillion stock market value on Wednesday, as Wall Street investors put aside challenges to its iPhone ecosystem.
Elon Musk’s SpaceX has raised $1.9-billion in new funding, according to a regulatory filing. This would be the largest single fundraising round to date by SpaceX, according to PitchBook data.
Wireless towers operator IHS Holding is exploring a potential IPO, shareholder Wendel said on Tuesday, in a deal that could be the biggest listing ever by an African company in the US.
Electricity monopoly utility Eskom has shuffled some senior managers weeks after missing its own target for restricting power outages.
Eskom said on Wednesday it would extend scheduled blackouts into Thursday as breakdowns continued to weigh on the system.