Bloomberg Uber Technologies Inc. rival Bolt, formerly known as Taxify, has relaunched in London — nearly two years after its operating license was revoked by the city’s transit authority. The Estonian company, backed by Daimler AG and most recently valued at $1 billion, said it would compete in the UK capital by offering lower fares for riders, and by taking ...

Bloomberg The recent yield curve inversion has renewed speculation about a potential North American recession and prompted questions about how a contraction would affect households. Though it’s impossible to say for certain when, or even if, such an event will occur, several indicators suggest the pain would be more severe on the Canadian side of the border than in the ...

Bloomberg Hong Kong braced for rare strikes and further protests amid an escalating standoff over a controversial bill that would allow extraditions to mainland China. Local companies said they would suspend work or allow flexible office hours on June 12 to accommodate workers planning to demonstrate near the city’s Legislative Council, which will meet to debate amendments. The Hong Kong ...