Category: Business

Uber Technologies Inc (UBER.N) on Tuesday said it will roll out a global selfie feature to verify its ride-hail customers wear a mask, modeled after a similar feature introduced for drivers in mid-May. Uber instituted its “No Mask No Ride” policy on May 18 and extended it indefinitely due to the ongoing pandemic, requiring both […]

Virgin Atlantic will resume flying to Delhi, Tel Aviv, Atlanta, Mumbai and Lagos from London in September as travel restrictions ease, the airline said on Tuesday, as it eyes the completion of its restructuring plan. Virgin Atlantic is seeking court approval for a rescue deal on Wednesday after creditors overwhelmingly backed the deal last week. […]

Britain’s Marks & Spencer (MKS.L) made the first deliveries through its new online food shopping joint venture with Ocado (OCDO.L) on Tuesday, though the launch was marred for a “very small number” of customers whose orders were cancelled. The 1.5 billion pound ($2 billion) Ocado Retail venture is a cornerstone of M&S’s latest attempt to […]

Brazilian airline Gol Linhas Aereas Inteligentes (GOLL4.SA) said on Tuesday it paid a $300 million debt guaranteed by U.S. carrier Delta Air Lines (DAL.N), according to a securities filing. Gol added that after this payment, the company’s debt maturity will be around four years. “Going forward, we have no significant debt maturities until 2024,” said […]

EU antitrust regulators have resumed their investigation into Air Canada’s (AC.TO) proposed acquisition of rival Canadian carrier Air Transat (TRZ.TO) and set a deadline of December 11 for a decision. The European Commission, which oversees competition policy in the 27-member European Union, suspended its investigation in June as it waited for the companies to provide […]

Spain’s Telefonica (TEF.MC) launched its national 5G network on Tuesday, promising to bring the the next-generation mobile internet service to 75% of the population this year. European telecoms operators are starting to roll out 5G to consumers and businesses, offering super-fast download speeds for smartphone users and supporting so-called smart devices and factories. Telefonica is […]