Stories about Economy

Feb 04 2017

Uber says it believes in the legality of its shared services

Reportedly, the notice has been issued by the Karnataka Transport department to discontinue the services of "Uberpool" and "Olashare" provided by the cab aggregators. The...

Feb 04 2017

Hudson's Bay Co. reported to be in bid for Macy's

The Wall Street Journal report said, "Other details of the talks are unclear and it's far from guaranteed there will be any deal". Macy's and Hudson Bay declined t...

Feb 03 2017

Uber to temporarily suspend operations in Taiwan

The company's meal delivery service UberEats, which was launched in November past year, will continue to operate, as it is different from the ride-sharing business model,...

Feb 01 2017

Wal-Mart ditches Shipping Pass membership, offers free 2-day delivery

Amazon uses it to drive growth and subsidize features like free two-day shipping, as well as pay for extras like original video content. All those differences have contri...

Feb 01 2017

Eurozone GDP Growth Gains Strength; Inflation Accelerates

Another report from Eurostat today revealed that the Eurozone unemployment rate fell to the lowest in more than seven years in December. The economy likely stabilis...