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‘UK Silicon Valley needs better rail, more homes’

  Bloomberg The UK’s National Infrastructure Commission called on the government to press ahead with the reinstatement of a rail line between the university cities of Oxford and Cambridge and for the building of tens of thousands of new homes along the route to maximize its economic potential. “The corridor connecting Cambridge, Milton Keynes and Oxford could be Britain’s Silicon ...

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Uber close to settling drivers’ suit with billions at stake

  Bloomberg Uber Technologies Inc. is trying to finalize a settlement with California drivers to resolve potentially billions of dollars in claims stemming from the company’s refusal to give them the protections and benefits of employees. The case centers on allegations that the company failed to pay minimum wage and overtime to hundreds of thousands of drivers. Lawyers didn’t disclose ...

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VW loses European market share as scandal effect lingers

  Bloomberg Volkswagen AG lost market share in Europe for the 14th straight month since the emissions- cheating scandal erupted in September 2015, as competitors took advantage of the German automaker’s tarnished image to attract buyers. Volkswagen accounted for 24.9 percent of the region’s car sales in October, compared with 25.3 percent a year earlier, the Brussels-based European Automobile Manufacturers’ ...

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