Airbnb Expands into Hotels, Cars, Groceries

The rollout marks the latest step in Airbnb's push to capture more of the travel spending that currently flows to competitors like Booking.com and Expedia. SCOTT OLSON / GETTY IMAGES NORTH AMERICA/AFP
The rollout marks the latest step in Airbnb's push to capture more of the travel spending that currently flows to competitors like Booking.com and Expedia. SCOTT OLSON / GETTY IMAGES NORTH AMERICA/AFP
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Airbnb Expands into Hotels, Cars, Groceries

The rollout marks the latest step in Airbnb's push to capture more of the travel spending that currently flows to competitors like Booking.com and Expedia. SCOTT OLSON / GETTY IMAGES NORTH AMERICA/AFP
The rollout marks the latest step in Airbnb's push to capture more of the travel spending that currently flows to competitors like Booking.com and Expedia. SCOTT OLSON / GETTY IMAGES NORTH AMERICA/AFP

Airbnb, facing tighter local regulations on short-term home rentals, announced Wednesday it is adding boutique hotels, car rentals and grocery delivery to its app in a bid to transform itself into a one-stop travel shop.

The rollout marks the latest step in Airbnb's push to capture more of the travel spending that currently flows to competitors like Booking.com and Expedia, said AFP.

This evolution -- 18 years after the company's scrappy beginnings in San Francisco -- is one of Airbnb's answers to increasingly tough restrictions on short-term rentals in key markets.

In December, Spain hit the company with a 65-million-euro ($75 million) fine over more than 65,000 non-compliant listings, and Barcelona decided not to renew thousands of rental licenses when they expire in 2028.

New York has banned nearly all short-term private rentals since 2023, and Paris stepped up its crackdown on illegal listings in 2026.

"Travel shouldn't just be convenient. It should be meaningful," CEO Brian Chesky said in a statement. "The best trips help you explore, learn, and come home a little different than when you left."

The updated app adds grocery delivery through Instacart in more than 25 US cities, as well as airport and train station transfers and luggage storage services in more than 160 cities worldwide.

The platform will also offer car rentals, though the company has not yet named its partners.

The app is also getting a range of artificial intelligence features, including a virtual support assistant available in 11 languages.

Airbnb posted revenue of $2.68 billion in the first quarter of 2026, up 18 percent from a year earlier.



Container Ship Arrives in UK After Voyage from China via Arctic

The Dubai Tower, a Chinese cargo ship, arrives in Teesport, Britain, September 9, 2026. (Reuters)
The Dubai Tower, a Chinese cargo ship, arrives in Teesport, Britain, September 9, 2026. (Reuters)
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Container Ship Arrives in UK After Voyage from China via Arctic

The Dubai Tower, a Chinese cargo ship, arrives in Teesport, Britain, September 9, 2026. (Reuters)
The Dubai Tower, a Chinese cargo ship, arrives in Teesport, Britain, September 9, 2026. (Reuters)

A ‌container ship arrived in Britain on Wednesday after a landmark voyage from China via the Arctic, as part of plans for more vessels to use the route as a shorter and potentially safer alternative to the Suez Canal.

The Dubai ‌Tower arrived ‌at Teesport off England's ‌northeast coast ⁠after leaving eastern ⁠China on August 15.

The Arctic voyage, which is significantly quicker compared to freighters going through the Suez Canal or around the Cape of Good ⁠Hope, is intended to ‌be the ‌start of a regular container service ‌to Europe via the so-called ‌North Sea Route.

A South Korean container ship is also currently making a similar voyage, joining China and ‌Russia in having shipping firms testing cargo services along ⁠the ⁠route, which is more feasible due to faster melting of Arctic sea ice.

The route offers shorter journeys and avoids security risks in the Middle East, as the US war with Iran continues. But weather and sailing conditions can be unpredictable and its commercial feasibility is uncertain.


Riyadh Ranked Among Top 100 Global Innovation Clusters

A view of Riyadh, Saudi Arabia. (SPA)
A view of Riyadh, Saudi Arabia. (SPA)
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Riyadh Ranked Among Top 100 Global Innovation Clusters

A view of Riyadh, Saudi Arabia. (SPA)
A view of Riyadh, Saudi Arabia. (SPA)

The Global Innovation Index has ranked Riyadh among the top 100 innovation clusters worldwide for 2026, making it the only Gulf city to attain this classification.

Riyadh placed 92nd globally, with key metrics including 419 venture capital deals in innovation and 162 international patent applications filed.

The report highlighted the main entities contributing to the capital's position in research and innovation. In research, King Saud University, Princess Nourah bint Abdulrahman University, and Prince Sultan University led the efforts, while SABIC and Aramco spearheaded innovation contributions.

The ranking reflects the Kingdom's integrated research and innovation ecosystem, supporting researchers and innovators in line with Saudi Vision 2030.


Türkiye to Start Oil-Targeted Drilling in Western Black Sea Soon, Minister Says

Türkiye's Energy Minister Alparslan Bayraktar speaks as he meets with reporters at Antalya Diplomacy Forum in Antalya, Türkiye, April 18, 2026. (Reuters)
Türkiye's Energy Minister Alparslan Bayraktar speaks as he meets with reporters at Antalya Diplomacy Forum in Antalya, Türkiye, April 18, 2026. (Reuters)
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Türkiye to Start Oil-Targeted Drilling in Western Black Sea Soon, Minister Says

Türkiye's Energy Minister Alparslan Bayraktar speaks as he meets with reporters at Antalya Diplomacy Forum in Antalya, Türkiye, April 18, 2026. (Reuters)
Türkiye's Energy Minister Alparslan Bayraktar speaks as he meets with reporters at Antalya Diplomacy Forum in Antalya, Türkiye, April 18, 2026. (Reuters)

Türkiye will soon begin drilling a challenging oil-targeted well in the western Black Sea, Energy Minister Alparslan Bayraktar said ‌on Wednesday.

"We ‌will soon ‌begin ⁠drilling an oil-targeted ⁠well in the western Black Sea. It will be a difficult ⁠drilling operation and will ‌take ‌some time," ‌Bayraktar told broadcaster ‌CNBC-e.

Türkiye has previously said it plans six exploration ‌wells across the western, central and eastern ⁠Black ⁠Sea in 2026 as it seeks new oil and natural gas discoveries.