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Uber Rival Ola Offers London Drivers Electric Vehicle Incentives as It Fights to Regain License

OIa currently charges London drivers a standard rate of 15%, while Uber takes a 25% cut. The SoftBank-backed start-up launched its app in the U.K. capital in February last year, hoping to unseat Uber as market leader. But it was subsequently stripped of its license just eight months later, with local transport authorities concerned Ola was not fit and proper to hold one. Ola appealed the decision by Transport for London not to renew its license. That means it can still operate in the city. A similar thing has happened to Uber, twice, but the San Francisco-based firm managed to regain its license after a court battle with TfL.

13May2021 Pre-Market Commentary: Wall Street To Open Higher, DOW Up 1 Point, Nasdaq Up 0 7%, WTI Crude Lower 64 71, Bitcoin 50100, Dogecoin $0 41

The Colonial Pipeline, reopened late yesterday (SPY +0.4%). $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin. Here is the current market situation from CNN Money European markets are mixed. The DAX is higher by 0.06%, while the CAC 40 is leading the FTSE 100 lower. They are down 0.43% and 0.07% respectively. What Is Moving the Markets Here are the headlines moving the markets. Americas Multi-Trillion Dollar Infrastructure Security Crisis Last Friday, a cyberattack prompted the shutdown of the biggest piece of energy infrastructure in the United States, the Colonial Pipeline system that supplies almost half of the gasoline and diesel that the East Coast consumes. The attack naturally led to higher gasoline prices and a run on gas as drivers worried about looming shortages while Colonial Pipeline Co. worked to restart the flow of fuels. Yet the higher prices at the pump and a possible shortage of fuel supplies are the smaller problem.

Telangana Man Escapes Unhurt After Bullets Fired At His Car In Chicago

Telangana Man Escapes Unhurt After Bullets Fired At His Car In Chicago Dec 19, 2020, 17:33 IST Hyderabad: A Hyderabad man living in Chicago nearly escaped death after bullets were fired at him. Returning home from his work Syed Siraj Mehdi (30) was unhurt in the incident. His family lives in Chanchalguda, Hyderabad and the man lives in Devon, Chicago for his job. The incident took place on December 4. The information about it only came to light on Friday (18 th Dec). The miscreants fired four shots at Syed’s car that hit the back seat. Luckily he escaped and fled the spot without any injuries.  

Crowdfunders hebben nakijken nu Indiase Uber miljoenen pompt in scooter-startup

Crowdfunders hebben nakijken nu Indiase Uber miljoenen pompt in scooter-startup
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