Uber said Friday that it was introducing a number of changes to enhance safety for drivers and passengers in the U.K. TfL moved to ban Uber from operating in London, Britain's capital, last year, in a massive blow to the firm. A phone displays the Uber ride-hailing app on September
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Air France-KLM, Delta examining ways of keeping Alitalia in Skyteam
An airplane of Alitalia approaches to land at Fiumicino international airport in Rome, central Italy, May 3, 2017. REUTERS/Max Rossi PARIS (Reuters) - Air France-KLM and its U.S. partner Delta Air Lines are studying ways of keeping Alitalia inside the Skyteam alliance - but without Air France-KLM being a buyer, Chief Executive Jean-Marc
Uber is preparing to sell Southeast Asia unit to Grab in exchange for stake in company
RwandAir to Start Flights to Abuja, Cape Town
Kigali (The New Times) - RwandAir, the national carrier of Rwanda, is set to expand its wings to Abuja in Nigeria and Cape Town in South Africa. According to airline officials, RwandAir will operate four weekly flights from Kigali to Cape Town with a stopover in Harare, Zimbabwe. However, the officials did
Uber’s net loss widens to $4.5 billion for tumultuous 2017
The ride-hailing app has had a tough year with a series of scandals, its boss departing, and a fight to keep operating in London. Ride-hailing giant Uber’s full-year net loss widened to $4.5 billion in 2017 as the company endured a tumultuous year that included multiple scandals, a lawsuit alleging the
U.S. regulator warns about Pratt engine shutdown risk on Airbus jets
FILE PHOTO: An Airbus A320neo aircraft and a Bombardier CSeries aircraft are pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse, France, October 17, 2017. Picture taken October 17, 2017. REUTERS/Regis Duvignau/File Photo NEW YORK (Reuters) -
Namibia’s National Airline Prays for Profit, Literally
Air Namibia Airbus A340-311 Windhoek (Namibian) - Staff of beleaguered Air Namibia yesterday gathered to pray for divine intervention with the struggling parastatal's financial affairs. This was confirmed by the airline's spokesperson, Paul Nakawa, who was one of the two masters of ceremony at the prayer gathering at their head office. Nakawa said
How Shipping With Amazon Test Hits UPS and Fedex Stock
A Federal Express truck is parked next to a UPS truck as both drivers make deliveries in downtown San Diego, California March 5, 2013. REUTERS/Mike Blake Investor Place - When Amazon.com, Inc. (NASDAQ:AMZN) decides to disrupt a market, things can get dicey for established companies that end up in the cross-hairs. We’ve seen
Amazon’s newest delivery program may not be the threat to UPS and FedEx that some think
Shares of UPS and FedEx fell as much as 5 percent Friday morning following news of Amazon’s delivery pilot. (Mark Lennihan/AP) Jim Cramer on Amazon Delivery: FedEx Is Not a Company That's Easily Beaten Amid a report in The Wall Street Journal saying Amazon is set to start a delivery service that could
Tesla teams up with Anheuser-Busch, Pepsi, UPS to build big rig charging stations: Report
Tesla is teaming up with some of its biggest big-rig customers to build charging stations at their facilities, according to a report released Friday. The Palo Alto, California based electric car maker, which unveiled the Tesla Semi big rig last year, has received pre-orders from nine major corporations. Anheuser-Busch, PepsiCo and UPS, three