Uber Technologies Inc. has agreed to sell its Southeast Asian operations to Grab, withdrawing from yet another fast-growing region to end a war of attrition with a fierce local rival.
Under the agreement, Grab will acquire all of Uber’s operations in a region of 620 million people, including food delivery service UberEats. The U.S. ride-hailing behemoth in return gets a 27.5 percent stake in Grab and its chief executive officer will join the board of the Singapore-based company. Bloomberg News reported over the weekend that the two companies had finalized a deal.
The government of Turkey is offering incentives for cruise lines to call in Turkish ports, according to a big port operating company based in the country.
Many cruise lines stopped calling in Turkey because of bombings at the Istanbul airport in 2016 and an attempted coup against the government.
In 2018, the government will pay up to $45 per passenger, according to Global Ports Holding, an operator of ports worldwide based in Istanbul.
Carnival Corporation, the cruise firm that owns P&O and Cunard, is facing a boycott from LGBT travellers after halting gay weddings on some ships.
The company was forced to stop allowing same-sex unions on its ships that are registered in Bermuda.
The British Overseas Territory legalised gay weddings in May last year, but the law was repealed last month following a change of government.
That legally prevented Carnival from allowing same-sex ceremonies on board.
Get ready for some jet lag. A new route connecting Chicago and Auckland, New Zealand, is set to become the longest flight operated out of Chicago’s O’Hare International Airport.
Starting Nov. 30, Air New Zealand will fly Boeing 787 Dreamliners between Chicago and Auckland three times a week, United Airlines said in a news release Tuesday. Air New Zealand is one of Chicago-based United’s Star Alliance partners. The two airlines will “code share” on about 100 flights to Auckland connecting through Chicago, United said.
The 8,184-mile Chicago-Auckland flights will take about 15 to 16 hours, depending on whether passengers are flying northbound or southbound, and will top United’s second-longest route out of O’Hare, which lands in Hong Kong, by nearly 400 miles, United spokesman Jonathan Guerin said in an email.