Business

UK food giant Deliveroo set for £7.6bn London IPO

Britain's app-driven food delivery firm Deliveroo is set for London's largest stock market launch in a decade with a valuation of £7.6 billion, despite mounting criticism over its treatment of riders.

Business

Deliveroo cuts annual loss before London float

Takeaway meals app Deliveroo slashed losses last year on booming demand from locked-down customers during the pandemic, it reported Monday ahead of a London stock market float planned for April.

Energy & Green Tech

Fossil fuels still reign, but renewables make inroads

Five years after the signing of the Paris Climate Accord fossil fuels still dominate the energy landscape but it is renewables that are enjoying the strongest growth which even the COVID-19 crisis has not dented.

Hi Tech & Innovation

How drones and aerial vehicles could change cities

Drones, personal flying vehicles and air taxis may be part of our everyday life in the very near future. Drones and air taxis will create new means of mobility and transport routes. Drones will be used for surveillance, delivery ...

Consumer & Gadgets

On-demand services bring public transport to the suburbs

The technology-driven revolution in urban transport is largely centred on the inner city. It has completely missed the suburbs, which lack the public transport services and shared micromobility devices, such as e-scooters, ...

Energy & Green Tech

Austria fails to win over neighbours for nuclear phase-out

Austrian Chancellor Sebastian Kurz, on his first trip abroad Thursday since being re-elected, failed to persuade the governments of four central European countries to give up on nuclear energy which they largely depend on.

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