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Ride-hailing app beats forecasts and boasts of ‘inflection point’

Ride-hailing group’s weaker forecast comes after record fourth quarter

Forecast for customer spending on ride-hailing app fell slightly short of Wall Street’s estimates

Prices paid by consumers would also rise if Brussels enacts Platform Work Directive, says Uber’s European chief

US and UK gig workers to take industrial action as drivers complain of pay being slashed in push for profits

Plus money velocity

On top of ride-sharing and takeaways, the company’s couriers now transport goods for many retailers. But is it trying to do too much?

Plus, private credit lenders differ on their Pluralsight marks and the UK homebuilding M&A wave

Swiss bank pushed back net zero target from 2025 to 2035, citing ‘enlarged corporate real estate portfolio’

Colm Kelleher’s comments countered by Apollo’s Marc Rowan who says asset management industry adds ‘robustness’