Sunday Strategist: Airbnb Is Still Stocking Up on Lawyers

LISTEN TO ARTICLE SHARE THIS ARTICLE Hold the road-show, for Airbnb, the path to an auspicious IPO first wends through the courts. The company’s 120 or so in-house lawyers are fighting a guerrilla-style regulatory war all over the country. Going street by street in Boston, New York and Miami Beach, among others, to do away […]

Voda Idea to pay AGR dues, but may not be able to go on

Vodafone Idea, which reported a loss of Rs 6,439 crore in the December quarter, said it had received letters from the department of telecommunications (DoT) directing immediate payment of dues amounting to Rs 54,000 crores after the SC judgment. ‘The company is currently assessing the amount that it will be able to pay to DoT […]

As they split from John Lewis, Ocado’s bosses are never knowingly underpaid

Is there any embarrassment in the Ocado boardroom for the part that supine non-executives played in sanctioning an £88m bonus for directors? It would seem not. Andrew Harrison, who chairs the remuneration committee, brazened it out in the annual report, urging shareholders to look at a different number – the 265% increase in the company’s […]

Another coronavirus fallout: India’s shipping business

‘The coronavirus impact is much bigger than what the market had predicted. We are helpless and simply watching the market at present. Nothing can be done,’ Anil Devli, chief executive officer (CEO) of Indian National Shipowners’ Association (INSA), said. Tanking freight rates on the back of the coronavirus epidemic in China are likely to hurt […]

Toyota to Restart Three China Plants This Week Amid Virus Fight

Toyota Motor Corp. will partly resume operations at three plants in China this week, bringing back some of the capacity that had been on an extended halt in response to the coronavirus outbreak that’s killed more than 1,600 people and pitched Asia’s top economy into turmoil. The factories in Changchun and Guangzhou will restart on […]

Boris Johnson Defies Trump By Giving Huawei Limited Role In UK’s 5G Networks

Boris Johnson has approved plans to allow Chinese telecoms firm Huawei a role in building the UK’s 5G phone and data network. Despite huge pressure from Donald Trump to ban the company amid spying fears, the British government’s National Security Council decided Tuesday to give it limited access to the new hi-tech infrastructure. In an […]

Ex-‘Love Island’ Host Caroline Flack Found Dead in London

London (AP) — Caroline Flack, a British television presenter who hosted the controversial reality TV show “Love Island,” has died at age 40, her family said Saturday. “We can confirm that our Caroline passed away today, the 15th of February,” the family said in a statement. A family lawyer said Flack had killed herself and […]