-
Leaders Exchanging Jibes: Highlights Of NATO Summit in London
Thursday, December 5, 2019 - 6:17am | 461The North Atlantic Treaty Organization summit ended in London on Wednesday, with the leaders of the allied countries taking plentiful jibes at each other throughout the summit. The U.S. President Donald Trump, of course, led the pack. “Very, Very Nasty” Macron Ahead of the summit, Trump...
-
Uber Loses License To Operate In London, Again
Tuesday, November 26, 2019 - 9:47am | 892In just two years, Uber Technologies Inc (NYSE: UBER) lost its license to operate in London due to a pattern of failures in both safety and security. London is one of Uber's most vital markets, sadly for its black cab drivers who even blocked streets as part of their protest, arguing their...
-
Kara Swisher: It's 'Not A Great Time' For Uber's CEO
Monday, November 25, 2019 - 2:38pm | 462Ride-hailing company Uber Technologies Inc (NYSE: UBER) lost its license to operate in London, and this represents another setback under the leadership of CEO Dara Khosrowshahi, according to Recode co-founder Kara Swisher. 'Not A Great Time' For Khosrowshahi Khosrowshahi...
-
Uber Trades Lower After Losing London License
Monday, November 25, 2019 - 7:47am | 263Uber Technologies Inc (NYSE: UBER) shares are trading lower after the Transport for London said the company has lost its licence to operate its private hire vehicles in London after authorities found that trips were taken with uninsured drivers. According to the regulator of taxi and private hire...
-
Want To See Santa? That'll Be $2,500
Monday, November 11, 2019 - 7:05am | 298London’s iconic department store Harrods has set a strict policy for this year's Santa Claus visits at its Swarovski crystal-encrusted “Secret Forest Grotto.” What Happened Santa Clause visits will only be available to the families who have spent at least £2,000 ($2,560...
-
UK Retail Sector Lost 85,000 Jobs In Q3: Report
Thursday, October 24, 2019 - 8:16am | 398The United Kingdom retail sector lost 85,000 more jobs in the third quarter compared to the previous year, according to a report from trade association British Retail Consortium (BRC). What Happened In the report, called Retail Employment Monitor, BRC said the British retail sector is contending...
-
Virgin Atlantic And Delta Open Hi-Tech Export Facility At Heathrow
Thursday, October 10, 2019 - 4:29pm | 651Virgin Atlantic Cargo and Delta Air Lines (NYSE: DAL) Cargo have opened what they refer to as a "state-of-the-art export facility" at London Heathrow to future-proof the joint venture's growth plans in the U.K. market. The move to the new cargo terminal will ultimately double the size of the joint...
-
Self-Driving Cars Weave Through Roads On A Test Run In London's Stratford District
Friday, October 4, 2019 - 1:27pm | 656London had its first taste of self-driving cars when autonomously driven Ford Mondeos made their way on the roads surrounding Stratford's Queen Elizabeth Olympic Park earlier this week, albeit with safety drivers in the driver seats. The pilot test was conducted by U.K. startup Oxbotica and the...
-
Ex-NYSE CEO: Hong Kong Exchange Makes Big Bet With LSE Offer
Wednesday, September 11, 2019 - 10:42am | 427The parent company of Hong Kong's stock exchange made an offer Wednesday to buy its London rival for $37 billion — "a lot of money," former NYSE CEO Dick Grasso told Fox Business in an interview. What Happened The Hong Kong Exchanges and Clearing company deserves credit for...
-
Report: Uber Struggling To Secure New 5-Year License In London
Monday, August 5, 2019 - 8:49am | 312Uber Technologies Inc (NYSE: UBER) stands a "next to no chance" of being granted a five-year permit to operate in London, a source told Sky News. What Happened Uber holds a temporary license to operate in London and will expire on Sept. 25, according to Sky News. The company already...
-
$27B Mega Merger Happening Oversees: London Stock Exchange To Buy Refinitiv
Thursday, August 1, 2019 - 9:11am | 312The London Stock Exchange reached an agreement to acquire financial markets data gathering company Refinitiv in a $27 billion deal. What Happened LSE's acquisition of Refinitiv will transform the England-based stock exchange to a global market data and analytics behemoth. The stock exchange...
-
Uber Has New Competition In London
Wednesday, June 12, 2019 - 10:37am | 388Will there be a changing of the guard in who gives rides to Buckingham Palace? Uber Technologies Inc. (NYSE: UBER) got a new competitor for ride-hailing in London with Bolt returning to the market. The new competition is more bad news for Uber following high profile executive departures. Bank of...
-
Trump On CNN: 'Why Doesn't AT&T Do Something?'
Monday, June 3, 2019 - 7:54am | 341U.S. President Donald Trump, after landing in the United Kingdom for an official state visit, said in a tweet he watched CNN for a "short while" before he "turned it off." The president first targeted Sadiq Khan and said the London mayor is a "stone cold loser" who...
-
Today In Cryptocurrency: London Calling Bitcoin Cash, Investment Bank Predicts 90% Crash
Wednesday, May 2, 2018 - 3:48pm | 523The cryptocurrency market took took a bullish turn on Wednesday, with most major currencies trading up by more than 1.5 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today and which currencies were on the move. Headlines Bitcoin Cash...
-
London Tower Fire Fallout: Arconic Shares Dive After Company Pulls Panels From Market
Monday, June 26, 2017 - 1:37pm | 325Shares of Arconic Inc (NYSE: ARNC) plunged 6 percent after the company said it was pulling its facade material — used as cladding for the London high-rise fire that killed at least 79 people earlier this month — off the global market. Arconic, which was spun off from Alcoa Corp (NYSE:...