Reportedly, ride-hailing firm Grab is betting on its increasing food delivery business to impel growth and productivity in the long term, a senior official at the company said to CNBC. Kell Jay Lim—Regional Head of GrabFood—said to CNBC, “We have seen wonderful growth in our food business. Earlier,…
Reportedly, New Zealand’s GDP (gross domestic product) is anticipated to have declined by 0.4% quarterly in the 3 Months to June, according to Reuters’ poll, strengthening the case for a further spur from the central bank in spite of a solid interest rate cut in August. The mean…
The Libra cryptocurrency of Facebook has run into one more stumbling block. Not more than a month after the EU started up an antitrust probe into the initiative, executives in France have declared that they "can’t authorize" Libra on European ground. Talking at an OECD meeting last week…
The app-supported vehicle subscription platform that associates with Uber, Fair, has decided to purchase a same service by Ford. The Santa Monica-located firm declared that it has purchased Ford's Canvas for an unnamed amount. Since 2017, Canvas provided variable-term leases for Ford users in San Francisco, ultimately extending…