BUSINESS

EU agrees on landmark crypto regulation in wake of Terra meltdown and Bitcoin plunge

EU agrees on landmark crypto regulation in wake of Terra meltdown and Bitcoin plunge

The European Union has agreed on landmark rules for regulating the cryptocurrency industry, whose meltdown has been wiping out fortunes and sparking… Read more

Nearly 400 car crashes in 11 months involved automated tech companies tell regulators

Nearly 400 car crashes in 11 months involved automated tech companies tell regulators

Automakers reported nearly 400 crashes of vehicles with partially automated driver-assist systems, including 273 involving Teslas, according to statistics… Read more

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Shapps: Rail strikes 'could be easily settled'

Transport Secretary Grant Shapps has said that rail strikes could be "easily settled" by modernising "antiquated" working practices.

He described… Read more

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Walgreens abandons Boots sale after market turmoil

US pharmacy giant Walgreens has dropped plans to sell Boots, saying buyers were unable to raise enough funds due to instability in financial markets.

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Airbnb permanently bans parties and events around the world

Airbnb has permanently banned parties and events at homes on its platform, after a temporary measure during the pandemic proved popular with hosts.

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Why business is still optimistic about Hong Kong

On a cloudy June day, the Jumbo Floating Restaurant was towed out of Hong Kong's Aberdeen harbour.

The giant six-storey structure - in the… Read more

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Heathrow told to reduce passenger charge

Heathrow has been told to cut passenger charges for airlines each year until 2026 by the Civil Aviation Authority.

The regulator said the reduction… Read more

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Non-essential petrol sales halted for two weeks in Sri Lanka

Sri Lanka has suspended sales of fuel for non-essential vehicles as it faces its worst economic crisis in decades.

For the next two weeks only… Read more