Edition:
United Kingdom

Tina Bellon

Tesla seeks to tap into stock surge with $2 billion share sale

13 Feb 2020

Tesla Inc on Thursday announced plans to raise $2 billion in a stock offering, tapping into an astronomical jump in its share price over the past few months and reversing the electric-car maker's often-stated policy of avoiding sales of new stock. | Video

Lyft forecasts slower growth in 2020, leaves target profit date unchanged

12 Feb 2020

Lyft Inc on Tuesday forecast slower revenue growth in the new year and the company refused to match larger rival Uber, which recently moved up a key profit target by a year, sticking to its later date of projected profitability. | Video

CORRECTED-UPDATE 1-Lyft tops $1 billion quarterly revenue, forecasts slower growth in 2020

11 Feb 2020

Feb 11 Lyft Inc on Tuesday reported record quarterly revenue of more than $1 billion, but the ride-hailing company forecast slower growth in the new year as ridership growth stagnated in the second half of 2019, sending shares down.

Lyft tops $1 billion quarterly revenue, forecasts slower growth in 2020

11 Feb 2020

Feb 11 Lyft Inc on Tuesday reported record quarterly revenue of more than $1 billion, but the ride-hailing company forecast slower growth in the new year as ridership growth stagnated in the second half of 2019.

Judge denies Uber's, Postmates' request to halt California gig worker law

11 Feb 2020

A U.S. judge on Monday rejected a request by Uber Technologies Inc and courier services provider Postmates Inc to block a California labor law from taking effect, saying the bill's public benefits outweighed the companies' concerns.

アングル:ウーバーとリフト、黒字化目指す配車大手が真逆の戦略

10 Feb 2020

[ニューヨーク 7日 ロイター] - 米国を代表する配車サービス企業のウーバー・テクノロジーズとリフト。ともに黒字化を目指すが、その路線は違いが鮮明だ。ウーバーが赤字続きの副業に資金を注ぎ込んでいるのに対して、リフトは人を移動させる事業に専念している。

Bayer asks California court to reverse $86 million Roundup cancer verdict

10 Feb 2020

Bayer AG has asked a California appeals court to overturn an $86 million verdict that found it was responsible for a couple's cancer caused by its glyphosate-based weed killer Roundup.

Uber and Lyft take different roads in search of profit

08 Feb 2020

NEW YORK Uber Technologies Inc and Lyft Inc , the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around. | Video

World News

Coronavirus cases rise again in China's Hubei province

The number of reported new cases of coronavirus in China's Hubei province rose on Monday after two days of falls, as authorities imposed tough new restrictions on movement to prevent the spread of the disease which has now killed more than 1,700 people.