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Uber cuts 3,000 more jobs as pandemic jolts ride-hailing business

TMT

Uber cuts 3,000 more jobs as pandemic jolts ride-hailing business

Uber Technologies Inc will concentrate on its core businesses in ride-hailing and food delivery and ...

Uber to require drivers, riders to wear masks around the world

TMT

Uber to require drivers, riders to wear masks around the world

Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders ...

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

TMT

Uber to cut 3,700 jobs, CEO Khosrowshahi to waive base salary

Uber Technologies Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara ...

Uber sees profit by end of 2020, but still expects full-year loss

TMT

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of ...

Saudi Aramco, Alibaba rescue sluggish 2019 global equity capital markets

Markets

Saudi Aramco, Alibaba rescue sluggish 2019 global equity capital markets

Giant listings by Saudi Aramco and Alibaba rescued a sluggish year for equity capital markets (ECM) ...

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

Finance

Alibaba, Aramco share sale bonanza fails to deliver banks fee windfall

A late-year rush of giant global share sales led by Alibaba's $13 billion (10.06 billion pounds...

Uber CEO expects India, other developing markets to drive growth

TMT

Uber CEO expects India, other developing markets to drive growth

Uber pinned its growth over the next decade on developing markets like India on Tuesday, despite the...

SoftBank-backed WeWork to formally withdraw ill-fated IPO

Infrastructure

SoftBank-backed WeWork to formally withdraw ill-fated IPO

WeWork's parent The We Company said on Monday it will file to withdraw its initial public ...

Airbnb plans stock market splash next year

TMT

Airbnb plans stock market splash next year

Home rental giant Airbnb said it plans to list its shares in 2020, making it one of the most high-...

Uber posts $1 bn loss in first quarterly report after going public

TMT

Uber posts $1 bn loss in first quarterly report after going public

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends ...