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Uber loses battle over drivers’ rights

Bloomberg Uber Technologies Inc lost another suit over its drivers’ working rights after an Amsterdam court ruled workers who ferry passengers using the Uber app in the Netherlands are covered by a local collective labour law. The legal relationship between Uber and its drivers meets all of the characteristics of an employment contract, the court said in its judgement. Uber ...

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Greece forecasts fastest GDP growth in two decades

Bloomberg The Greek government raised its growth estimate for 2021, with the country set to repeat the economic performance not seen in about two decades. The revised forecast came after a stronger-than-expected expansion in the second quarter, paving the way for the government to roll out $4 billion of additional tax-relief measures and other assistance to combat rising prices. “Today ...

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China tech shares decline on latest volley of internet curbs

Bloomberg Chinese technology shares fall once again on Monday on the latest moves from Beijing to reshape online businesses. Traders mulled a report that the government intends to break up Ant Group Co’s Alipay business, a statement calling for better protection of gig economy workers’ rights and latest warning against blocking links to rival services. The Hang Seng Tech Index ...

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