March, 2021

• 24 March

  UAE sees 427,188 total recoveries from Covid-19

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 209,079 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Tuesday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate early detection of coronavirus cases and carry out necessary treatment. As ...

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• 24 March

  Miral redefines customer experiences on Yas Island with FacePass

  

  Abu Dhabi / WAM Miral, Abu Dhabi’s leading curator of magnetic experiences, announced on Tuesday that Yas Island is on track to become a fully contactless destination through the adoption of FacePass. This cutting-edge contactless technology is part of Miral’s digital transformation strategy for Yas Island. Rolled out in phases across the island, it will streamline guest experiences using facial ...

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• 24 March

  The Singapore of the future is small and rich

  

  In a government poster from the early 1970s, a young Singaporean mother stands in a laundry-strewn apartment with a screaming infant on her hip. Her toddler is on the floor wailing and her husband stands disapprovingly in the doorway, disgusted by the messy home. A thought bubble appears above the woman’s head: “If only I hadn’t married so early.” The ...

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• 24 March

  LatAm’s economies need jabs in arm

  

  The ruin that the novel coronavirus has visited on Latin America is hard to overstate. By almost any metric — 2.7 million companies shuttered in 2020, a 20% drop in investment, 44.1 million unemployed, 23.5 million projected to fall into poverty this year — the new report by the United Nations Economic Commission on Latin American and the Caribbean is ...

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• 24 March

  It’s 2021. Why is buying clothes online still so hard?

  If the lockdowns of the past year introduced millions of people to the ease of online shopping, they also underlined some e-commerce pain points: clothes that don’t fit, returns that take ages to process, groceries that arrive nearly expired and tiresome customer service. If online retailers want to retain customers when physical stores reopen, these are problems they’ll need to ...

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• 24 March

  The business case for vaccine passports

  Once people have been vaccinated against Covid-19, they’re safer to dine out, fly on airplanes, attend concerts and movies, work out at the gym, go to the office, cross borders and otherwise move about — as long as they wear masks around other people indoors, avoid large groups and keep their distance. How can they demonstrate that they have this ...

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• 24 March

  Deliveroo kicks off $2.5b IPO, UK’s largest in 2021

  

  Bloomberg Food-delivery startup Deliveroo Holdings Plc started taking investor orders in a share sale of as much as 1.77 billion pounds ($2.45 billion), marking the largest initial public offering (IPO) in the UK since September. Deliveroo is selling shares at 3.90 pounds to 4.60 pounds apiece, according to a statement, valuing the company at 7.6 billion pounds to 8.8 billion ...

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• 24 March

  EU suggests global airline emissions plan ineffective

  

  Bloomberg A European Union (EU) report found that an aviation industry agreement to tackle global carbon-dioxide emissions may not have a materially positive impact on the environment. The findings were made in September by the Directorate-General for Climate Action and published by non-profit Transport & Environment, which obtained the report. It said the Corsia system is less effective than existing ...

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• 24 March

  Korea travel app eyes dual IPO listing at $4 billion-plus value

  

  Bloomberg South Korea’s largest travel app Yanolja Co. is in talks with banks to go public through a dual listing in Seoul and overseas, people with knowledge of the matter said, joining a growing cohort of startups seeking higher valuations abroad. The company is aiming for a value of more than $4 billion, one of the people said, confirming previous ...

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• 24 March

  British Airways weighs sale of its headquarters

  Bloomberg British Airways is considering putting its sprawling headquarters in London up for sale as the flagship UK carrier plans for a so-called hybrid approach to working, according to an internal email. The airline has hired a specialist property company to gauge if a sale of the building, known as Waterside, would be beneficial, Stuart Kennedy, BA’s director of people, ...

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