FILE PHOTO: A logo of Alibaba Group is pictured at its headquarters in Hangzhou, Zhejiang province, China, October 14, 2015. REUTERS/Stringer/File Photo HONG KONG/BEIJING (Reuters) - Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to
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Qatar Airways CEO wants to expand fleet, look for U.S. investments
Lufthansa seen offering to pay 200 million euros for Air Berlin assets
FILE PHOTO: Planes of the Lufthansa airline stand on the tarmac in Frankfurt airport, Germany, March 17, 2016. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) - A Lufthansa bid price of 200 million euros ($239 million) to buy assets from insolvent Air Berlin plus 100 million euros to meet operating costs is roughly
Half a million people back Uber’s bid to stay on the roads of London
A taxi drives past the London Eye in central London, Britain September 22, 2017. REUTERS/Toby Melville SAN FRANCISCO/LONDON (Reuters) - Half a million people have signed an online petition in under 24 hours backing Uber’s bid to stay on the roads of London, showing the company is turning to its tried-and-tested
Uber is ready to cut a deal to get its London license back
Uber may have lost its London taxi license with no small amount of drama, but it's already willing to make concessions. The ridesharing outfit's city manager Tom Elvidge tells the Sunday Times that he would "like to know what [Uber] can do" to "get this right." He's willing to make tradeoffs to get the business back,
Uber stripped of London license
FedEx to raise shipping rates for some services
A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration (Reuters) - Package delivery company FedEx Corp said on Monday it would raise shipping rates for some of its services from Jan. 1. FedEx Express rates will go up by an average
Why Self-Driving Trucks May Come Before Taxi Service
Chrysler Pacifica Hybrid minivan, equipped with Waymo's self-driving technology. Source: Fiat Chrysler Automobiles Waymo CEO predicts Self-Driving Trucks May Come Before Taxi Service Alphabet arm exploring "goods transportation" and ride-hailing Krafcik says Ford and GM could still partner with Waymo Bloomberg - Alphabet Inc.’s driverless vehicle technology may come to market first in
Insolvent Air Berlin cancels 100s of flight
Airberlin-jets-at-Tegel-airport-in-Berlin-German-The-carrier-filed-for-insolvency-after-Etihad-Airways-exited-following-its-withdrawal-from-Alitalia-in-May-Krisztian-Bocsi-Bloomberg (1) Cancellations threaten its existence large numbers of pilots calling in sick responsible for cancellations BERLIN (Reuters) - Insolvent German airline Air Berlin said around 100 flight cancellations caused on Tuesday by large numbers of pilots calling in sick were threatening its existence and hurting its chances of saving jobs
Car makers face electric reality as combustion engine outlook dims
Volkswagen CEO Matthias Mueller attends the opening of the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 11, 2017. REUTERS/Kai Pfaffenbach FRANKFURT (Reuters) - European car bosses gathering for the Frankfurt auto show are beginning to address the realities of mass vehicle electrification, and its consequences for jobs and profit, their