International News

Bloomberg Yandex NV, Russia’s largest search engine, bought local food-delivery firm Foodfox to expand its tie-up with Uber Technologies Inc. in the country, according to a statement on Monday. Uber agreed in July to merge its business in Russia and CIS with Yandex into a $3.7 billion joint venture to be controlled by the Russian company, as it battles across ...

Bloomberg Barney Harford, the former chief executive officer of online travel site Orbitz, has been named chief operating officer at Uber Technologies Inc., making him the second-highest ranking executive at the ride-hailing company. Harford, who sits on the board of airline company United Continental Holdings Inc., will oversee global ride-hailing operations, marketing, customer support, and the company’s food-delivery business. It’s ...

Bloomberg Facebook Inc. signed a multiyear licensing deal that lets the social network carry songs and artists from the world’s biggest record label, Universal Music Group, across its platforms. The deal solves a long-running dispute, with Facebook agreeing to compensate the company and artists including Taylor Swift when users post videos that include copyrighted material. The accord includes Facebook, Instagram ...

Bloomberg SpaceX’s launch of a rocket carrying a batch of satellites into low-earth orbit caps a record year for the closely held company led by Elon Musk. The mission from California’s central coast was Space Exploration Technologies Corp.’s 18th this year. That’s more than any competitor and far exceeds the eight it launched in 2016 before a September explosion grounded ...

Bloomberg Best known as the maker of James Bond’s favourite car, Aston Martin is recalling more than 5,000 vehicles in the US because of a pair of problems. The Gaydon, England-based company, whose vehicles sell for more than $200,000, is recalling 3,493 DB9, DBS, Rapide, Virage and Vanquish vehicles made between 2009 and 2016 because of problems with the power ...

Bloomberg A European Union decision to treat Uber Technologies Inc. like a taxi company spotlights a trans-Atlantic divide over how governments cope with disruptive technologies and could embolden US cities to restrict the ride-sharing service. The EU Court of Justice ruled against Uber, which had argued it’s a technology platform connecting passengers with independent drivers, not a transportation company subject ...

Bloomberg Fiat Chrysler Automobiles NV will recall 1.48 million Ram pickups in the US on the risk that a faulty component on certain trucks could allow the vehicles to roll away inadvertently while in park, the company said. If a driver repeatedly sits in the truck with their foot on the brake for prolonged periods of time with the truck ...

Bloomberg Santa Claus was perched on his throne at the Bloomingdale’s in midtown Manhattan. It was slow, a weekday before the after-school rush, so he knew what to expect: grown-ups. “When it’s quiet,” Santa said, “you get more adults taking selfies.” Sure enough, minutes later a woman walked past the giant FAO Schwartz stuffed animals and caught his eye. “Can ...

Bloomberg As losses from an erupting volcano in Bali nears $1 billion, Indonesian President Joko Widodo and his deputy were expected to visit the island to show the world that it’s a safe destination for Christmas and new year holidaymakers. Widodo, also known as Jokowi, visited Bali and chaired a meeting of his cabinet, the president’s office said in a ...

Bloomberg Tour agencies in China’s Shandong province said they received notification from the government of a ban on group trips to South Korea, in a further signal that Beijing isn’t adopting a fast approach to restoring normal ties with Seoul. A Shandong branch of China International Travel Service said it received notice that no tour groups to South Korea will ...