Uber's Coming Out Party: Personal Mobility Pioneer Or Overpriced Car Service Company?

Uber's Coming Out Party: Personal Mobility Pioneer Or Overpriced Car Service Company?

It is the first time that this company, which has been in the news more frequently in the last few years than almost any publicly traded company, has opened its books for investors, journalists and curiosity seekers. Unlike Lyft, which has kept its focus on the US …
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JD Sports sales rise despite decline in UK high street

JD Sports has continued to outperform the struggling UK retail sector as the sportswear group reported rising sales despite the decline of the high street. In the year to the beginning of February, the company saw like-for-like sales growth of 6 per cent from its …
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The curious case of Jet: Stock remains airborne despite dismal operational performance

With its domestic operations scaled down to 7 aircraft, international operations suspended and a perpetual power struggle at the top-level, Jet Airways has been stifled into an existential crisis. However, investors seem to not give up on the beleaguered airline …
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Asia stocks find a footing after weak Wall Street lead

Stock markets in Asia gained following a shaky start, while the Australian dollar pulled back on further signals that the country’s central bank is considering a rate cut. Attention was already focused on Chinese economic growth figures for the first quarter set to …
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Alibaba founder Jack Ma backtracks over 'inhumane' workweek comments

Alibaba founder Jack Ma has walked back comments suggesting gruelling 12-hour work days common in China’s tech and internet industries were a “blessing”. The billionaire last week came out in support of the so-called “996 system” — 9am to 9pm, …
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