“We’ve already seen this movie – how profit and growth has unfolded in the US, China, Europe and Latin America and we’re now seeing that and better in South East Asian markets.” he said in a presentation for investors, in which he compared Grab to “Uber, Doordash plus Ant Financial all in a single app”.
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Prepay energy customers disconnect over price rises
admin, , Business, 0
Energy firm Utilita has over 800,000 customers, most of them on prepayment smart meters. At the company’s headquarters in...
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Pound hits highest level against dollar for a year
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The pound hit its highest level against the dollar in a year on Wednesday as investors bet on UK...
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Business groups call for stability as Johnson resigns
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Kitty Ussher, chief economist at the Institute of Directors, the UK employers’ group, said: “What business hates most is...
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Mortgages to go up by average of £2,900 a year for 800,000, says Resolution Foundation
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Eleanor Adair, from Bangor, County Down outside Belfast, has seen her mortgage costs soar from around £450 to £1,260...
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Mortgage rates: Average two-year fix now above 6%
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More than 400,000 people will see their existing fixed deals end between July and September, a comparatively high number....
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Sri Lanka central bank governor submits resignation amid crisis
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With him in charge, the bank said: “Sri Lanka was able to maintain sound and stable macro-economic fundamentals, with...
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Asda boss warns over food price caps as EG Group deal sealed
admin, , Business, 0
Susannah Streeter, head of money and markets at Hargreaves Lansdown, said the idea behind the tie-up was that “by...
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Retail sales soar 9.2% in April as shops reopen
admin, , Business, 0
“Footfall is still down by 40% on the pre-pandemic period, and there are still 530,000 people who work in...
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