Nearly 200 current and former Uber employees sue…

Uber Technologies CEO Dara Khosrowshahi during the opening bell at the New York Stock Exchange during the company's IPO, May 10, 2019.Brendan McDermid | ReutersNearly 200 current and former Uber employees sued the company Thursday, alleging…

Venture investments decline 73 per cent to USD…

Venture investment activity continued its southward journey for April as well, declining 73 per cent to USD 881 million (about Rs 6,632 crore) as compared to the year-ago period, and there was no commitment from…

UK economy posts sharpest monthly decline on record…

U.K. GDP (gross domestic product) contracted by 5.8% month-on-month in March, according to preliminary figures released Wednesday, as lockdown measures began to hammer economic activity in the country.It represents the biggest monthly fall since the…

Luxury market pins hopes on millennials as industry…

The global personal luxury goods market shrank by around one percent in 2016, marking the first year of negative growth for the industry since 2009, according to research released Monday by consultancy Bain & Company.Yet…

E-Commerce deals up after year-long decline

Deals to e-commerce startups worldwide increased for the first time since the first quarter of 2016, reaching 190 deals in the first quarter of 2017. Funding also increased, more than doubling the $ 2.3 billion…