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Uber to appoint Expedia’s Khosrowshahi as CEO

Bloomberg Uber Technologies Inc. will appoint Expedia Inc.’s Dara Khosrowshahi to run the global ride-hailing leviathan, two people familiar with the matter said. He’ll succeed co-founder Travis Kalanick, who led the firm to $20 billion in annual bookings before scandals forced him out. In hiring Expedia’s chief executive officer, Uber will land a seasoned deal-maker and an outspoken critic of ...

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May under pressure from Labour, EU as Brexit talks resume

Bloomberg Brexit talks resume on Monday with Prime Minister Theresa May under pressure on two fronts: European negotiators are pushing her to reveal her hand, while the opposition Labour Party has made a bid to lure May’s critics to their side. Labour’s announcement that it wants Britain to stay in the European Union’s single market and customs union for up ...

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Danone’s cows in Siberia for cheaper milk

Bloomberg President Vladimir Putin’s ban on European Union cheese imports has driven up milk prices in Russia by so much that French yogurt maker Danone is transporting almost 5,000 cows to a farm in Siberia to ensure it has an affordable supply. The Holstein cows are traveling as many as 4,500 kilometres in trucks from the Netherlands and Germany, boosting ...

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