Business

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a...

Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, two sources familiar with the matter said on Thursday. Amazon is considering buying Boost –...

U.S. electric vehicle (EV) maker Tesla Inc said on Friday it would price its China-made Model 3 vehicles from 328,000 yuan ($47,529), 13% cheaper than those it currently imports as it pushes sales in the fast...

Amazon.com is keen on purchasing prepaid cellphone wireless service administration Boost Mobile from US wireless service T-Mobile US Inc and Sprint, reports Reuters. Amazon is thinking about purchasing Boost mainlythe arrangement would enable it to utilize...

FirstGroup signaled it is considering breaking itself up by seeking a buyer for its Greyhound buses in the US. The Aberdeen-based company, under fire from an activist investor, is also looking at spinning off its UK...

Toyota Motor Corp is considering investing about 60 billion yen ($550 million) in Chinese ride-hailing giant Didi Chuxing, the Nikkei business daily reported on Wednesday. Japan’s top automaker was also looking to set up a new...

WH Smith has been ranked the UK‘s worst High Street retailer for the second year in a row, according to a Which? survey of 7,700 shoppers. The poll, which covered 100 retailers, rated the chain “very...

More than 200 Boots stores across the UK could be closed by its American owners Walgreens Boots Alliance (WBA) in a bid to cut costs. The shops – which are in areas where Boots has more...

A US move to put Huawei on a trade blacklist “sets a dangerous precedent” that will harm billions of consumers, the firm’s top legal officer said. Speaking at a press conference, Song Liuping said the trade...

China’s Huawei Technologies has recorded a movement for rundown judgment in its claim against the U.S. government, as indicated by a court filing in the United States, in the telecoms hardware creator’s most recent endeavor to...