According to sources familiar with the matter at hand, Airbnb Inc’s latest $1 billion investment from private equity firms Silver Lake and Sixth Street Partners has terms that imply a reduced valuation for the home rental company. According to a… Read More ›
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Qatar Airways ready to convert 10 orders from Boeing 777-8 to 777-9 based on its performance
Qatar Airways and Emirates are the only customers with firm orders for Boeing’s 777-8 model; its date of entry into service will partly depend on customer demand. On Thursday, according to a statement from the chief executive of Qatar Airways,… Read More ›
Exxon Mobile Corp eyeing multi-billion upgrade of its Singapore refinery
The potential development comes ahead of the introduction of global shipping fuel rules, set to be introduced in 2020, which see sulphur component in marine fuel dip to 0.5% from 3.5%. According to a senior executive from Exxon Mobil Corp,… Read More ›