Siemens wins $2 billion contract to build new London Tube trains
LONDON (Reuters) – A division of Germany’s Siemens (SIEGn.DE) has been awarded a contract worth about 1.5 billion pounds ($2 billion) to design and build 94 new trains for the…
Uber’s ‘business is finished’ in Turkey, Erdogan says
ISTANBUL (Reuters) – Turkey’s President Tayyip Erdogan has said ride hailing app Uber is finished in Turkey, following pressure from Istanbul taxi drivers who said it was providing an illegal…
Uber, Waymo in talks about self-driving partnership: Uber CEO
RANCHO PALOS VERDES, Calif. (Reuters) – Uber Technologies Inc is talking with Alphabet Inc’s (GOOGL.O) autonomous driving unit Waymo about using its technology on Uber’s ride-hailing app, Uber Chief Executive…
Uber pulls up in Japan with taxi-hailing service
TOKYO (Reuters) – Uber Technologies plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the…
Uber chief product officer to leave in latest executive departure
(Reuters) – Uber Technologies Inc Chief Product Officer Jeff Holden is leaving the ride-hailing company, an Uber spokesman told Reuters on Thursday, the latest of more than a dozen senior…
Study finds Uber’s growth slows after year of scandal; Lyft benefits
SAN FRANCISCO (Reuters) – Uber Technologies Inc’s growth has slowed as a series of scandals has allowed the ride-hailing company’s chief U.S. competitor, Lyft Inc, to grab more market share,…
Health charity Wellcome pledges funds, calls for rapid response to Ebola in Congo
(Reuters) – Britain’s Wellcome Trust global health charity called for a rapid response to an outbreak of Ebola in the Democratic Republic of Congo (DRC) and has pledged 2 million…
Ford expands U.S. medical ride business built around its vans
DETROIT (Reuters) – Ford Motor Co (F.N) said on Wednesday that it was expanding a medical transport service called GoRide in Southeast Michigan, one of several efforts by the U.S.…
Silicon Valley, Wall Street taking notes on Spotify debut
NEW YORK (Reuters) – Spotify Technology SA’s (SPOT.N) unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are looking to sell their…
Russian tycoon Magomedov arrested on embezzlement charges
MOSCOW (Reuters) – Russian authorities on Saturday arrested billionaire Ziyavudin Magomedov on charges of embezzling more than $35 million, in one of the highest-profile prosecutions of a Russian tycoon in…