The company pledges to make improvements as it fights a decision by the city not to renew its licence. London Mayor Sadiq Khan says Uber is welcome in London if it plays by the rules.
China-backed private equity firm Canyon Bridge has agreed to buyout of British chipmaker Imagination Tech at around 550 million pounds.
Hours after the British PM set out plans for UK's relationship with EU, Moody’s cut the rating to Aa2 from Aa1, underscoring the economic risks that leaving the bloc poses for the world’s fifth-biggest economy.
Uber has been forced to quit several countries including Denmark and Hungary and faced regulatory battles in multiple US states and countries around the world.
The boom in streaming has revived the music business in recent years. Despite the strong growth, sales are still below levels from before the advent of the internet, which devastated the music industry as fans flocked online.
Italian coffee giants Lavazza and illycaffe reinforce their brands with flagship cafes in Milan near the spot where US rival Starbucks is set to open its first Italy-based cafe next year.
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