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For Uber Eats, new deal is better than nothing

Uber Technologies Inc needs to act fast to buttress its food-delivery business. It now has a second chance and shouldn’t blow it. The New York Times reported that Uber Eats-parent Uber Technologies Inc made an offer to acquire Postmates Inc, citing people familiar with the matter. A deal for Postmates would value the company at around $2.6 billion and could ...

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‘Covid-19’ is Merkel’s swan song as leader

Covid-19 is a crucible of leadership. Some people are failing this test — the presidents of Brazil, Russia and the US spring to mind. Others are passing it with flying colours, notably the leaders of New Zealand, Denmark and Taiwan. All three happen to be women and have largely controlled the spread of Sars-CoV-2 in their countries while preserving social ...

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Norwegian scrubs $10.6bn deal in threat to Boeing Max

Bloomberg Norwegian Air Shuttle notified Boeing that the carrier is terminating purchases for all 97 of its remaining jets on order, underscoring the financial strains caused by a 15-month grounding of the 737 Max after two fatal accidents. In more bad news for Boeing’s best-selling jet, Singapore-based BOC Aviation Ltd said in a filing it was cancelling orders for 30 ...

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