Business

Dutch e-bike firm VanMoof declared bankrupt

Dutch electric bicycle maker VanMoof has been declared bankrupt, prompting the company to cease sales on Tuesday and angering customers who sought to file charges over the shop's failure to return broken bikes.

Business

Team develops a bridge between different cryptocurrencies

Bitcoin is probably the best-known cryptocurrency in the world today—but there are many others, each implementing and offering different technical features. For exchanging a cryptocurrency for another, so-called "bridges" ...

Business

Norwegian buys 50 Boeing 737 MAX, ending dispute

Low-cost carrier Norwegian Air Shuttle said Monday it would buy 50 Boeing 737 MAX 8 planes, ending a dispute between the companies and helping revive the US-made aircraft after two deadly crashes.

Business

Korean Air to take over troubled Asiana Airlines for $1.6 bn

South Korean flag carrier Korean Air said Monday it will buy out its smaller, troubled rival Asiana Airlines in a $1.6 billion deal as it looks to consolidate with the global aviation sector devastated by the coronavirus ...