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Daimler buys majority stake in French car-ride app

Bloomberg Daimler AG bought a majority stake in French private-hire limousine operator Chauffeur Prive, accelerating the luxury-car maker’s expansion into ride-hailing turf occupied by firms such as Uber Technologies Inc. The German maker of Mercedes and Smart automobiles plans to acquire full control of Chauffeur Prive in 2019 once it gets regulatory clearances, Stuttgart-based Daimler said. The parties wouldn’t disclose ...

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‘Britons spend a third of their free time on devices’

Bloomberg Ever wondered how much time millennials spend staring at a screen? UK statisticians have come up with some answers. Young people spent more than a third of their leisure time, 14 hours per week, using devices such as mobile phones, tablets, e-readers and laptops in 2015, the Office for National Statistics said. The figure for men aged 25 and ...

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‘All I want for Christmas is EU workers back’

Bloomberg All over Europe, companies are wishing their workers a happy holiday and looking forward to a productive New Year when they return to work in 2018. In Brexit Britain, there’s a catch. Businesses that rely on EU countries for labour are concerned that employees will return to their families in continental Europe for Christmas—and stay there. The pound’s decline ...

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