Simon Sparrow

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Saudi Telecom Co. buys stake in riding-hailing app Careem

DUBAI, United Arab Emirates (AP) — The Saudi Telecom Co. has bought a 10-percent stake in the ride-hailing app Careem, which is a Mideast competitor of Uber.<p>The largely state-owned communication firm announced Sunday in a stock exchange filing it bought the stake for $100 million.<p>Saudi Telecom Co. …

Electric Vehicles
Donald Trump

Why McDonald's Is Suing the City of Florence for $20 Million

McDonald’s is suing the Italian city of Florence for $20 million in damages after the fast-food giant was refused a licensing application in the …


Lessons From The Greats: How Tesla And Under Armour Can Help You Build Your Startup

Innovation is the heart of any startup and gives it life. It comes in two forms: product innovation and creative design to interface with the market. Product innovation happens when you invent a new product for an existing market like Tesla, or reinvent an existing product like Under Armour. But no …

Under Armour

Inflation rises at fastest pace in two years

The cost of living is rising at its fastest rate in two years, as everyday goods and entertainment, from fuel to eating out, are becoming more expensive.<p>Higher prices for clothing, particularly womenswear, hotel stays, restaurants, petrol and gas pushed the UK consumer price index up to 1pc in the …

Tesco Grows Its Market Share For the First Time in 5 Years

Tesco grew market share for the first time in five years over the last three months, the clearest sign to date that Britain’s biggest supermarket …