Transportation
SoftBank invests $250 million in Southeast Asian taxi-hailing app GrabTaxi
Japanese telecoms firm SoftBank Corp has pumped in $250 million to become the top investor in Southeast Asian mobile taxi-booking application GrabTaxi Holdings Pte Ltd, its biggest investment in a Southeast Asian Internet firm.
Merkel behind Air Berlin in Etihad control dispute: report
German Chancellor Angela Merkel is backing loss-making Air Berlin in a dispute over whether its Abu Dhabi-based partner Etihad is exercising too much control, Focus magazine reported on Saturday.
Ridesharing firm Uber suspends operations in Nevada
Ridesharing company Uber suspended its operations in the U.S. state of Nevada late on Wednesday in a setback that it said would cost nearly 1,000 jobs.
Indonesia's Lion Group buying ATR planes worth $1 billion in Asia expansion
Indonesia's Lion Group is buying an additional 40 aircraft from ATR for $1 billion at list prices, the companies said, in a move that will make Lion the biggest customer of the European manufacturer.