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Maserati MC20 test-drive reveals simple joy

Bloomberg Excessively loud, exceedingly rare, and bursting at the seams with Italian luster, the Maserati MC12 is considered by collectors to be the most desirable car ever produced by the 107-year-old brand. Values surge easily past $2 million for the 50 street versions and 12 racing versions produced for only four months between 2004 and 2005. The modern version of ...

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Google to invest $1bn in India’s second-largest phone operator

  Bloomberg Google will invest as much as $1 billion in India’s second-largest mobile phone operator, as firms race to offer inexpensive data and digital offerings in the only billion-people-plus market still open to foreign companies. Alphabet Inc, which owns the Google search engine, will pay $700 million for a 1.28% stake in Bharti Airtel Ltd., the New Delhi-based company ...

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Lamborghini to bid farewell to pure combustion cars

  Bloomberg Lamborghini is gearing up for the final lap of combustion engines powering coveted models like the Aventador as the sports-car maker switches its line-up to plug-in hybrids. The Volkswagen AG brand with the track-focused Aventador, Huracan and Urus SUV models will unveil its first production car with a plug next year before electrifying its full offering by 2024. ...

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WhatsApp depicts regular SMS as unsafe

Bloomberg WhatsApp, the popular messaging app owned by Meta Platforms Inc, is pushing its privacy features in a new US marketing campaign that compares a standard text message to mail that was opened before it was delivered. The campaign promotes end-to-end encryption, technology that WhatsApp uses so that user messages only exist on the device where a message was sent ...

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Iata tells governments to ease travel curbs

  GENEVA / WAM The International Air Transport Association (IATA) has urged governments to accelerate the relaxation of travel restrictions as Covid-19 continues to evolve from the pandemic to endemic stage. Iata called for removing all travel barriers (including quarantine and testing) for those fully vaccinated with a WHO-approved vaccine, enabling quarantine-free travel for non-vaccinated travellers with a negative pre-departure ...

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EasyJet swells capacity as UK travel rebound gathers pace

  Bloomberg EasyJet Plc will pour capacity into the UK this summer as easing travel curbs boost demand and make the country a key battleground for airlines emerging from two years of Covid-19 disruption. Bookings in Britain are surging, according to the Luton, England-based carrier, which plans to lift seating to near normal levels by the summer, meeting the challenge ...

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Air India seeks to end $1.2b US case citing new owner

  Bloomberg Air India Ltd. is seeking to end a case filed by Devas Multimedia Pvt in a US court, arguing a recent change in ownership of the carrier prevents demands over recovery of arbitration awards. Devas demands $1.2 billion from the Indian government after winning three international arbitration awards over a scrapped telecommunications deal with a state-run firm. The ...

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UK retail trading platforms witness renewed demand

  Bloomberg A volatile start to the year for global stock markets is breathing new life into UK trading platforms, which had seen fading interest amid less stringent pandemic restrictions. CMC Markets Plc and IG Group Holdings Plc both said they’ve seen an increasing number of bets being placed on equity markets amid price swings that put the S&P 500 ...

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Nestle to pay cocoa farmers cash incentives to fight child labor

  Bloomberg Nestle SA will offer cocoa farmers and their families in the Ivory Coast cash incentives that aim to reduce child labor, as the chocolate industry faces growing scrutiny over the problem. The program, under which the KitKat maker plans to spend 1.3 billion francs ($1.4 billion) by 2030, will offer as much as 500 francs per year to ...

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