Tag: Business

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How the Amazon-Google-Uber effect sets inflation

Debates about inflation in advanced economies have changed remarkably over the past decades. Setting aside (mis)measurement issues, concerns about debilitatingly high inflation and the excessive power of bond markets are long gone, and the worry now is that excessively low inflation may hinder growth.

May 24, 2019 0

Uber to launch Jump bike hire scheme in Islington borough

Uber is to launch its electric bike hire scheme in the UK, trialling Jump bikes in London through its app. The global ride-hailing firm will be battling with Lime for the e-bike market, after the retreat of dockless bicycle firms from the UK.

May 23, 2019 0

Amazon invests in food courier service Deliveroo

Amazon is investing millions in Deliveroo in a boost to the UK food delivery service as it takes on rivals such as Uber Eats and Just Eat in a competitive market.

May 17, 2019 0

Uber workers told to ignore ‘pessimistic voices’ as shares slide

The chief executive of Uber has urged employees to ignore “pessimistic voices” after shares in the company slumped again on their second day of trading since Friday’s disappointing stock market debut.

May 13, 2019 0

Great fanfare as Uber gets its stock on the road, but app stalls in New York

Uber’s stock market debut came with all the usual razzmatazz of a big American technology IPO. The chief executive spent weeks making sweeping statements about how the business was “just getting started” and had new worlds to conquer – everything from pizza delivery to international freight. In the background, investment bankers whipped up buyers for…
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May 12, 2019 0

Uber goes into reverse as first day stock price disappoints

Uber’s hopes of a surge in the price of its shares have fallen flat, as investors gave the taxi-hailing app’s eagerly anticipated stock market float a frosty reception by sending the shares below their launch price.

May 10, 2019 0