London

In just two years, Uber Technologies Inc (NYSE: UBER) lost its license to operate in London due to a pattern of failures in both safety and security. London is one of Uber's most vital markets, sadly for its black cab drivers who even blocked streets as part of their protest, arguing their...

Ride-hailing company Uber Technologies Inc (NYSE: UBER) lost its license to operate in London, and this represents another setback under the leadership of CEO Dara Khosrowshahi, according to Recode co-founder Kara Swisher.  'Not A Great Time' For Khosrowshahi  Khosrowshahi...

Uber Technologies Inc (NYSE: UBER) shares are trading lower after the Transport for London said the company has lost its licence to operate its private hire vehicles in London after authorities found that trips were taken with uninsured drivers. According to the regulator of taxi and private hire...

London’s iconic department store Harrods has set a strict policy for this year's Santa Claus visits at its Swarovski crystal-encrusted “Secret Forest Grotto.” What Happened Santa Clause visits will only be available to the families who have spent at least £2,000 ($2,560...

The United Kingdom retail sector lost 85,000 more jobs in the third quarter compared to the previous year, according to a report from trade association British Retail Consortium (BRC). What Happened In the report, called Retail Employment Monitor, BRC said the British retail sector is contending...

Virgin Atlantic Cargo and Delta Air Lines (NYSE: DAL) Cargo have opened what they refer to as a "state-of-the-art export facility" at London Heathrow to future-proof the joint venture's growth plans in the U.K. market. The move to the new cargo terminal will ultimately double the size of the joint...

London had its first taste of self-driving cars when autonomously driven Ford Mondeos made their way on the roads surrounding Stratford's Queen Elizabeth Olympic Park earlier this week, albeit with safety drivers in the driver seats. The pilot test was conducted by U.K. startup Oxbotica and the...

The parent company of Hong Kong's stock exchange made an offer Wednesday to buy its London rival for $37 billion — "a lot of money," former NYSE CEO Dick Grasso told Fox Business in an interview. What Happened The Hong Kong Exchanges and Clearing company deserves credit for...

Uber Technologies Inc (NYSE: UBER) stands a "next to no chance" of being granted a five-year permit to operate in London, a source told Sky News. What Happened Uber holds a temporary license to operate in London and will expire on Sept. 25, according to Sky News. The company already...

The London Stock Exchange reached an agreement to acquire financial markets data gathering company Refinitiv in a $27 billion deal. What Happened LSE's acquisition of Refinitiv will transform the England-based stock exchange to a global market data and analytics behemoth. The stock exchange...

Will there be a changing of the guard in who gives rides to Buckingham Palace? Uber Technologies Inc. (NYSE: UBER) got a new competitor for ride-hailing in London with Bolt returning to the market. The new competition is more bad news for Uber following high profile executive departures. Bank of...

U.S. President Donald Trump, after landing in the United Kingdom for an official state visit, said in a tweet he watched CNN for a "short while" before he "turned it off." The president first targeted Sadiq Khan and said the London mayor is a "stone cold loser" who...

The cryptocurrency market took took a bullish turn on Wednesday, with most major currencies trading up by more than 1.5 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market today and which currencies were on the move. Headlines Bitcoin Cash...

Shares of Arconic Inc (NYSE: ARNC) plunged 6 percent after the company said it was pulling its facade material — used as cladding for the London high-rise fire that killed at least 79 people earlier this month — off the global market. Arconic, which was spun off from Alcoa Corp (NYSE:...

Tourism to London is expected to tumble by 30 percent during the next few months after the deaths of seven people at London Bridge, a falloff comparable to the drop in visitors when a similar terror attack rocked Paris in 2015. London’s City A.M. says the Tourism Industry Emergency Response...