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Uber tops sales estimates on strong ridership, driver supply

Uber Technologies Inc reported revenue that beat analysts’ expectations, fueled by a recovery in driver supply that supported increased ridership, assuaging investor concerns that rising inflation would damp consumer spending. The shares jumped about 6% in early trading. Third-quarter sales jumped 72% to $8.34 billion, the San Francisco-based company said on Tuesday in a statement. That exceeded the $8.1 billion ...

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UK house prices fall the most since start of Covid pandemic

UK house prices fall the most since the start of the pandemic in October as political and market turmoil sent shock waves through the property market. The average value of a home dropped 0.9% to £268,282 ($309,500), the Nationwide Building Society (NBS) said on Tuesday. It was the largest decline since June 2020 and much sharper than the 0.3% reduction ...

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UAE to launch first lunar rover on November 22

Dubai / WAM  The inaugural launch of the Mohammed Bin Rashid Space Centre’s (MBRSC’s) Rashid Rover is now scheduled no earlier than November 22. This updated target launch date is provided by the launch partners. Built by innovative Emirati minds, the rover will be launched on SpaceX Falcon 9 rocket from the Space Launch Complex 40 at Cape Canaveral Space ...

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