LONDON, Nov 29 Reuters Uber will open up its platform to London39;s black cabs next year, the ridehailing firm said on Wednesday, trying to win over the British capital39;s taxis after a decade of tensions. London39;s black cab drivers who have to pass a test called The Knowledge requiring them to memorise thousands of routes within […]

TOKYO, Nov 29 Reuters Rakuten Group is a Japanese conglomerate centred on an ecommerce website Rakuten Ichiba and a suite of online financial services companies including banking, credit card, securities and insurance arms. Here are some details about its deeply troubled mobile business, the group39;s operating losses, debt burden and its efforts to shore up its […]

BEIJING, Nov 29 Reuters Chinese automakers Nio and Zhejiang Geely Holding Group said on Wednesday they had signed a strategic partnership agreement on battery swapping that would see them work together on standards, technology and model development. The deal makes Geely GEELY.UL, whose brands range from Volvo to Zeekr, the second automaker to sign a battery […]

Nov 29 Reuters French oil and gas company TotalEnergies said on Wednesday it had bought a minority stake in the Xlinks MoroccoUK Power Project, a move it said would help the company achieve its targets in the coming year. TotalEnergies said it had acquired a 20 million pound 25 million stake. Other investors include Britain39;s […]

LONDON, Nov 29 Reuters British food delivery company Deliveroo said it was expanding into nonfood retail, betting on toys, electronics and other goods to help drive growth, after it reiterated 2023 profit guidance. The group, which competes with Just Eat Takeaway.com and Uber Eats in markets in Europe, the Middle East and Asia, said it had […]

LONDON, Nov 29 Reuters Consumer demand for refurbished and preowned goods in Britain and across Europe has created a billion pound 1.3 billion business for Amazon, its UK boss said. Many retailers and manufacturers expect that trend to continue as shoppers, hit by rising prices and borrowing costs, look to save cash and buy more sustainably. John […]

TOKYO, Nov 29 Reuters Toyota and two affiliates will divest at least 8 of supplier Denso, the companies said on Wednesday, a 4 billion deal that sparked investor hopes the world39;s topselling automaker will shed more of its numerous crossshareholdings. The share sale, which was first reported by Reuters on Tuesday, will be Japan39;s second biggest […]

MUMBAI, Nov 29 Reuters Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju39;s at under 3 billion, 86 less than its peak valuation of 22 billion last year, after the company struggled with governance and cashflow problems. The disclosure, made by interim CEO Ervin Tu during Prosus earnings call, is the […]