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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.