No reason for the ECB to increase rates by end of next year, Villeroy says

There is no reason for the European Central Bank to increase rates between now and the end of 2022 as euro zone inflation is expected to fall back below the ECB’s 2% target, Bank of France governor Francois Villeroy de Galhau said on Tuesday. He also played down concerns that problems at China...

World’s First Tourism Destination On Offshore Platforms To Be Built By Saudi Arabia

the rig

Saudi Arabia’s Public Investment Fund, which is among the largest sovereign wealth funds in the world — announced its plans for launching a tourism project “THE RIG”, on 16th October 2021. It will take the form of a resort and theme park built on an oil rig platform located in the Arabian Gulf.

The 150,000 square meter resort will boast three hotels, multiple helipads, 11 restaurants, 800 rooms, a roller coaster, a Ferris wheel, a water slide, and a go-cart arena. Tourists will be able to...

Uber Freight christens Chicago HQ, names head of logistics tech

Digital freight brokerage Uber Freight announced on Tuesday that it has completed the build-out of its global headquarters in downtown Chicago. It held a ribbon-cutting at the new space in the historic Old Post Office. 

In 2019, the division of Uber Technologies Inc. (NYSE:UBER) announced that it had signed a 10-year lease on the 450,000-square-foot space that would accommodate over 2,000 employees, including those from its Eats and Rides platforms, moving Uber Freight headquarters from San...

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