Uber cuts losses from Eats business in India with sale to Zomato
Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial.
Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial.
McKinsey & Company | By Martin Dewhurst and Paul Willmott | Sep 2014 As artificial intelligence takes hold, what will it take to be an effective executive? What would it take for algorithms to take over the C-suite? And what will be senior leaders’ most important contributions if they do? Our answers to these admittedly
Uber Technologies Inc is testing a feature that allows some drivers in California to set their fares, the Wall Street Journal reported https://www.wsj.com/articles/uber-is-testing-a-feature-that-lets-some-california-drivers-set-fares-11579600801 on Tuesday, citing a person involved in developing the feature.
Huawei Chief Financial Officer Meng Wanzhou is set to return to a Vancouver court on Tuesday, where her lawyers will build on their arguments against the U.S. extradition request that they say is based a sanctions violation and not bank fraud.
Attorneys for a former Apple Inc executive on Tuesday will try to convince a skeptical judge of a core tenet of tech startup culture - that employees can plan a competing venture while still in a job.
Oil prices fell more than 1% on Tuesday on expectations that a well-supplied market would be able to absorb disruptions that have cut Libya's crude production to a trickle.
European competition authorities are expected to rule on the London Stock Exchange's $27 billion takeover of data and analytics company Refinitiv "around the summer", an LSE board member said on Tuesday.
There is a $2.5 trillion shortfall in investment to achieve the goals set by the United Nations to address climate change, health, education and food security in the developing world by 2030.
European planemaker Airbus said on Tuesday that it had decided to create new A321 production capacity at its French site in Toulouse, in order to cope with strong demand.
KFC apologized for an advertisement in Australia that shows two young boys staring at a woman's breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called "sexist", the Australian Associated Press reported.
BP's finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as chief executive next month.
Oil prices edged lower on Wednesday, extending the previous session's drops, as investors continue to shrug aside the impact of almost all of Libya's crude production being off-line amid plentiful supplies elsewhere.
Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes.
Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars.
U.S. President Donald Trump will attend a breakfast meeting on Wednesday with Apple Inc Chief Executive Tim Cook and other business leaders on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland, according to sources familiar with the situation.