Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, Dec. 1, 2023 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative… Continue reading Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

India Auto Ancillary Market Report 2023-2028 with Bharat Forge, Mahindra CIE Automotive, Bosch, and Sundram Fasteners Dominating

Dublin , Dec. 1, 2023 /PRNewswire/ — The “Auto Ancillary Market in India 2023” report has been added to ResearchAndMarkets.com’s offering. The auto ancillary market is predicted to be worth INR 9,359.32 billion by FY 2028, increasing at a compound annual growth rate (CAGR) of 14.74% between FY 2024 and FY 2028. The auto ancillary market is a critical… Continue reading India Auto Ancillary Market Report 2023-2028 with Bharat Forge, Mahindra CIE Automotive, Bosch, and Sundram Fasteners Dominating

Big wins for Latin America, climate tech momentum, and Rover’s $2.3B sale

Listen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, and we’re talking about the week’s biggest startup and tech news. This week Mary Ann, Kirsten Korosec, and Alex Wilhelm were… Continue reading Big wins for Latin America, climate tech momentum, and Rover’s $2.3B sale

Here’s how Uber is getting rid of its EV drivers’ range anxiety

Uber has partnered with mobility platform developer Smartcar to develop Battery-Aware Matching, which filters an EV driver’s trip requests based on state of charge. Range anxiety is real among Uber EV drivers. Uber surveyed 16,000 of its EV and non-EV drivers in North America and Europe in 2022, and reported that “the majority of survey… Continue reading Here’s how Uber is getting rid of its EV drivers’ range anxiety

Saudi’s Kingdom Holding buys $450m stake in Citigroup from Prince Alwaleed

Saudi Arabian Prince Alwaleed Bin Talal’s investment company Kingdom Holding said on Wednesday it raised its ownership in Citigroup to 2.2% after acquiring from the prince a stake in the bank worth about $450 million. The company previously owned 1.6% of the Wall Street lender, it told the Saudi bourse in a filing, adding that the… Continue reading Saudi’s Kingdom Holding buys $450m stake in Citigroup from Prince Alwaleed

article with video

LONDON, Nov 29 (Reuters) – Uber (UBER.N) will open up its platform to London’s black cabs next year, the ride-hailing firm said on Wednesday, trying to win over the British capital’s taxis after a decade of tensions. London’s black cab drivers – who have to pass a test called “The Knowledge” requiring them to memorise… Continue reading article with video

London’s iconic black cabs can soon be hailed on Uber

Uber has secured another win over the struggling taxi industry. Soon, riders in London will be able to hail an iconic black cab in the city. London cabbies can now start signing up for Uber trip referrals, but the service won’t roll out until early 2024. Uber says some drivers have already begun showing interest… Continue reading London’s iconic black cabs can soon be hailed on Uber

A Civil Rights Firestorm Erupts Around a Looming Surveillance Power Grab

United States lawmakers are receiving a flood of warnings from across civil society not to be bend to the efforts by some members of Congress to derail a highly sought debate over the future of a powerful but polarizing US surveillance program. House and Senate party leaders are preparing to unveil legislation on Wednesday directing… Continue reading A Civil Rights Firestorm Erupts Around a Looming Surveillance Power Grab

London’s famed black cabs will be listed on Uber’s app in big win for the ridehail company

/ Uber was once banned in London. Now it’s on track to list all 15,000 black cabbies in its app. One trade group denounced the deal. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and… Continue reading London’s famed black cabs will be listed on Uber’s app in big win for the ridehail company

Solar technology promotes global energy equity, says LONGi founder & president Li Zhenguo at APEC CEO Summit

SAN FRANCISCO, Nov. 23, 2023 /PRNewswire/ — The 2023 APEC CEO Summit was held on November 15 at the Moscone Center West in San Francisco, California. Leaders including Li Zhenguo, founder & president of LONGi Green Energy Technology Co., Ltd. (LONGi), the world leading solar technology company headquartered in Xi’an, China, and Dara Khosrowshahi, CEO of… Continue reading Solar technology promotes global energy equity, says LONGi founder & president Li Zhenguo at APEC CEO Summit