Business News – 07-05-2021

Bugatti, Porsche, and Rimac to make hypercar company 

  • With Volkswagen’s Bugatti Brand, Porsche and Croatian electric performance car manufacturer plan to make a company called Bugatti-Rimac
  • The new company would be making new hypercars and will be established in the last quarter of this year
  • In the company, Rimac will have a 55% stake in the business while the 45% will go to Porsche 

England could lift mask mandates and Covid restrictions says Boris Johnson

  • The Prime minister of the UK Boris Johnson says that England is on track to lifting mandates for masks and Covid restrictions 
  • The UK government plans to ease restrictions on September 4 or also nicknamed “Freedom Day” and data about whether the country will be able to will be assessed on July 12

With Tropical Storm Elsa in Florida, Airlines waive change fees

  • Just recently, Tropical Storm Elsa had hit Cuba and according to analysts, it is expected to move northwest towards Florida’s Gulf Coast with a maximum of 65 miles an hour winds
  • United Airlines, Delta, and American Airlines have waived their ticket change policies for those customers who have flights in and out of Florida cities for this week

By K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.