Vacation-rental company Airbnb said Wednesday it plans to sue a guest who booked a home and threw a party there that resulted in three people being shot over the weekend in Sacramento County. The San Francisco company said this is the first time it will …
See Original Article

SYDNEY — Hong Kong International Airport said on Thursday that passengers from mainland China would be able to transit through Hong Kong to other destinations from Aug. 15 until Oct. 15, in a boost for its dominant carrier Cathay Pacific Airways Ltd.
See Original Article

SINGAPORE (Reuters) – Shares in Singapore’s Keppel Corp (KPLM.SI) fell 13% on Tuesday after Temasek Holdings abandoned its $3 billion offer for the conglomerate by invoking a material adverse change clause following the company’s poor financial …
See Original Article

SoftBank is back in the black after posting historic losses. The recovery is largely down to rising valuations of SoftBank Vision Fund bets like Uber and Slack. The SoftBank Vision Fund, which reported an $18 billion loss last year, recorded an investment gain …
See Original Article

(Reuters) – InterContinental Hotels (IHG.L) said on Tuesday it was seeing some “very early” signs of improvement in demand after the Holiday Inn-owner’s revenue more than halved and profit slumped 82% in the first half of 2020. IHG, whose other brands …
See Original Article