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UK may lose status as leading data market in Europe on Brexit

Bloomberg Brexit could cost the UK its position as the leading data market in Europe, a government-funded digital innovation group warns. The British economy could miss out on as much as 67 billion euros ($79 billion) annually by failing to play its cards right in Brexit negotiations with the European Union over data market access, according to a report published ...

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Peugeot maker launches ride-sharing app in US

Bloomberg PSA Group, the French maker of Peugeot, Citroen and DS autos, is introducing its Free2Move ride-sharing app in Seattle, beginning an incremental push to re-enter the US that could eventually culminate in PSA importing cars to the country. “It’s so crowded here, the last thing you want is a billion-euro investment and not selling enough cars,” PSA’s North America ...

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Uber to proceed with SoftBank deal

Bloomberg Uber Technologies Inc. will move forward with a major investment deal from SoftBank Group Corp. and approved a slate of governance reforms that will limit the influence of co-founder Travis Kalanick and early backers. The 11-person board voted unanimously to approve sweeping changes to the company’s power structure, the San Francisco-based company said. The plan would expand the size ...

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