Latest

DoorDash agrees £2.9 billion takeover of Deliveroo
DoorDash agrees £2.9 billion takeover of Deliveroo
Economy
by  AFP

US delivery service DoorDash has agreed to take over UK peer Deliveroo in a deal worth £2.9 billion ($3.9 billion), according to a joint statement on Tuesday. The deal will give the combined food delivery service a presence in over 40 countries, serving around 50 million monthly active users.

'Aussiewood' courts Hollywood as Trump film tariffs loom
'Aussiewood' courts Hollywood as Trump film tariffs loom
Economy
by  AFP

Australia still wants to make "great films" with the United States, Foreign Minister Penny Wong said Tuesday, as new tariffs threaten the home of Hollywood hits like The Matrix, Elvis and Crocodile Dundee. "Our message is we make great films together," she told national broadcaster ABC. "We have films, American films, which are filmed here in Australia.

Philips turns in a profit but China, tariffs weigh
Philips turns in a profit but China, tariffs weigh
Economy
by  AFP

Dutch medical device maker Philips reported a net profit for the first time in three quarters Tuesday despite weak sales in China but warned of "intensified" uncertainties due to tariffs. However, global sales were down two percent compared to the same quarter last year due to a "double-digit decline" in China, the firm said.