Bloomberg European Union chief negotiator Michel Barnier raised the prospect of Brexit talks failing to reach a breakthrough by year-end, saying the UK has two weeks to come up with a better offer on the financial settlement. Barnier called for “real and sincere progress” on the three divorce issues, which include the separation bill, the rights of EU citizens and …

Bloomberg Lyft Inc. has gained significant ground on its rival, Uber Technologies Inc., and is expected to grab more market share in the US, according to a private Lyft investor document obtained by Bloomberg. A major investor is projecting Lyft will have boosted its share of US ride-hailing business some 61 percent by the end of the year, climbing to …

Bloomberg Uber Technologies Inc lost an appeal over whether it should pay overtime and give vacation time to its drivers, a ruling that heaps yet more pressure on the ride-sharing company in one of its most mature markets. The original decision that gave UK drivers the right to more benefits was “neither inconsistent nor perverse,” Judge Jennifer Eady said. The …