Browsing: Motoring and transport

A US regulator has barred Virgin Galactic from flying its SpaceShipTwo until it approves its final mishap investigation report from its July flight or determines the issues do not affect public safety.

The Competition Tribunal has given the green light for JSE-listed Transaction Capital to buy a controlling 74.9% stake in South African online car marketplace WeBuyCars. No conditions were attached.

Bolt Technology, which competes with Uber Technologies in Africa and Europe, doubled its valuation to €4-billion after raising money to finance a grocery delivery service.