Singapore competition watchdog fines Grab, Uber $9.5 mln over merger

By Aradhana Aravindan SINGAPORE, Sept 24 : Singapore’s anti-trust watchdog fined ride-hailing firms Grab and Uber a combined S$13 million ($9.5 million) over their merger deal, and ordered Uber to sell vehicles from its local leasing business to any rival that makes a reasonable offer. U.S.-based Uber Technologies Inc sold its Southeast Asian business to […]

Coffee exporters struggle to find ships for Brazil bumper crop

By Marcelo Teixeira and Marcy Nicholson SAO PAULO/NEW YORK, Aug 23 : Brazilian coffee exporters are struggling to find shipping capacity to transport a bumper crop from the world’s top producer, which could result in supply delays to roasters worldwide. Abundant overall supplies in consuming countries, however, will limit any near-term impact from shipping delays […]

Uber, Waymo in talks about self-driving partnership -Uber CEO

By David Ingram RANCHO PALOS VERDES, Calif., May 31: Uber Technologies Inc is talking with Alphabet Inc’s autonomous driving unit Waymo about using its technology on Uber’s ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, signaling a possible thaw in relations between the firms. Khosrowshahi said on stage at the Code Conference that […]