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Uber drivers need licenses in Australia’s Queensland

Bloomberg Ride-booking operators and drivers, such as those from Uber Technologies Inc., will need licenses to offer their services in the Australian state of Queensland under new regulations announced in Brisbane. The eligibility tests for drivers and booking entities will be the same for all those offering personalised transport, Mark Bailey, Queensland’s minister for main roads, road safety and ports, ...

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‘World’s highest office yields are in India’

Bloomberg Three Indian cities offer the highest yields for prime office space as a shortage of supply allows owners to push up rents, according to Knight Frank LLP. Technology hub Bengaluru earned the highest yield at 10 percent, followed by New Delhi and Mumbai at 9.2 percent and 8.5 percent respectively, according to ‘Global Cities: The 2018 Report,’ released Thursday. ...

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Trump’s change of heart puts $1trn building plan in limbo

­­­­­­­­­­­Bloomberg Donald Trump’s infrastructure guru spent part of Sept. 26 at a conference in Washington promoting the president’s $1 trillion plan to rebuild the nation’s crumbling roads, bridges and airports relying in part on public-private partnerships. The same day, across town, Trump was telling lawmakers that those kinds of deals don’t work. The president’s apparent change of heart on what’s ...

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