Brussels Court Orders Ban On Uber Services


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The Brussels Appeal Court ordered Uber Technologies Inc (NYSE:UBER) to suspend its ride-hailing service in the Belgian capital, CNBC reports.

  • A 2015 ban on private individuals offering taxi services also applies to professional drivers as per the court.
  • Uber said the decision goes against the European Commission’s digital and green ambitions. 
  • The Brussels government agreed to reform the region’s taxi and private car industry following driver protests.
  • The court also penalized Uber €0.30 million ($0.34 million).
  • Related Content: Uber Temporarily Suspends Brussels Service Pending Driver Reforms
  • Price Action: UBER shares traded lower by 3.87% at $40.45 on the last check Friday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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