Uber won 18-month license to continue operating in London

The FINANCIAL — Uber won an appeal to continue operating in London on Monday when the judge restored its transportation license. Judge Tan Ikram said that he had “sufficient confidence” Uber “no longer poses a risk to public safety.” A ban would have been…

7 mins read

FDI in Georgia amounted USD 237.8 million in Q2 2020

The FINANCIAL — National Statistics Office of Georgia published data of Foreign Direct Investments Q2. Foreign direct investments (FDI) in Georgia amounted to USD 237.8 million in Q2 2020 (preliminary data), up 0.5 percent from the adjusted data of Q2 2019. The top three countries…

4 mins read

American Airlines plans to cut 19 000 jobs

The FINANCIAL — American Airlines announced that it would shrink its workforce by 40,000, including 19,000 involuntary cuts, on 1 October, as the coronavirus pandemic continues to weigh on air travel. Other airlines such as United, British airways and Lufthansa have warned of…

8 mins read