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Taxify has changed its name to Bolt

    ... eyes the electric scooter market   Uber challenger Taxify has changed its name to Bolt, and the change is rolling out across its apps and website. To avoid some of the inevitable confusion, it is describing itself as "Bolt (Taxify)" for the time being. The company says it wants to

Panalpina confirms DSV takeover bid for US$4 billion

This morning, the Panalpina board of directors confirmed that it had received an unsolicited, non-binding proposal from Danish logistics rival DSV to purchase the Swiss forwarding giant.  The offer was for CHF170 per share, from a combination of cash and DSV shares, adding up to about US$4 billion. The board stated

World’s longest sea bridge opens, connecting Hong Kong, Macau

Yesterday, Chinese President Xi Jinping inaugurated the world’s longest sea bridge to connect Hong Kong, Macau and Zhuhai, stretching across the Pearl River Delta. The opening culminated the US$15.3 billion project has been underway since December 2009. The 34-mile span shortens the travel time between the two regions from 3.5 hours to

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