Uber reports $1B loss as revenue rises
01 June 2019 | 1:04 pm
Car sharing giant Uber has met its first-quarter forecast, with a loss of $1 billion but increasing revenue and users. The losses were the result of big spending in the lead-up to its IPO earlier in May.
2 Oct 2021
Eitan is at the center of a custody battle between his Israeli grandfather and his aunt who lives in Italy. In May, the 6-year-old's parents and younger brother were killed in a cable car crash in Piedmont.
12 Oct 2021
Prince Charles has had his favourite car modified so it now uses a fuel largely derived from cheese and wine.
18 Oct 2021
After the European car industry moved much of its production into Eastern Europe, some believe the next step is Africa, both for production and a growing consumer market. Should Germany's eastern neighbors be worried?
24 Oct 2021
Taiwanese tech giant Foxconn unveils three electric vehicles, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.
21 Oct 2021
In Lebanon the car has reigned supreme, with little managing to steer people away from the mighty automobile. But now, the economic crisis is succeeding where everything else failed by challenging Lebanon's national passion for automobile ownership, and driving growing numbers towards greener or more collective transport.
29 Oct 2021
The carmaker is striving to compete with Tesla by not using so much aluminium. BMW want half its new cars to be electric by 2023.
25 Oct 2021
A boy who was the only survivor of a cable car crash in the Alps must go back to relatives in Italy, an Israeli court has ruled. He has been the focus of a bitter custody battle since his grandfather took him to Israel.
3 Nov 2021
In 2019 alone, militia groups recruited nearly 8000 child soldiers, some as young as six. One of the countries where children are most at risk is the Central African Republic. Deutsche Welle has visited a project aiming to rehabilitate such children.
14 Nov 2021
Authorities in Portugal have launched raids after a tipoff that Portuguese troops may have smuggled contraband from the Central Afridan Republic. The country has 180 UN peacekeepers stationed in the African nation.
10 Nov 2021
US electric vehicle maker Rivian is set to make its debut on Wall Street at $78 a share, in one of the biggest initial public offerings ever. Also, director Peter Jackson sells his visual effects firm for $1.6 billion and a legendary Parisian department store gears up for a busy holiday shopping season after a 16-year hiatus.
21 Nov 2021
Following the opening ceremony for what was India's biggest-ever IPO, shares in mobile payment giant Paytm lost a quarter of their value.
25 Nov 2021
At least eight people were killed in Somalia's capital on Thursday (November 25) when Islamist militants launched a suicide attack on a U.N. security convoy using a vehicle laden with explosives, officials and witnesses said. The Islamist group al Shabaab claimed responsibility for the huge blast which rocked Mogadishu and injured at least 23 people, including school students, sending a column of smoke above the city. Gunfire echoed around the scene, witnesses said. It was not immediately clear if any U.N. personnel were among those killed or injured in the huge blast, which targeted the U.N. convoy as it passed near the site of a school.
1 hour ago
Kenyan opposition leader Raila Odinga rejected as "null and void" the result of an Aug. 9 presidential election he was declared to have lost, adding on Tuesday that Kenya's democracy faces a long legal crisis.
2 hours ago
Chelsea manager Thomas Tuchel and his Tottenham Hotspur counterpart Antonio Conte have been charged by the Football Association (FA) following their confrontation after Sunday's heated Premier League draw at Stamford Bridge.
2 hours ago
As they begin to grasp the extent of looming energy price hikes, people across Germany are cutting consumption. The same goes for city governments, such as Cologne's.
2 hours ago
Kenya's election commissioners stand by their disavowal of the presidential vote. The dramatic events of Monday have raised fears of violence like that seen after past disputed polls. In 2017, more than 100 people were killed after the Supreme Court overturned the result citing anomalies in the voting process.
4 hours ago
The first humanitarian cargo of food from Ukraine since Russia's invasion has set off from Ukraine. Meanwhile, the location of the first commercial ship to leave carrying grain is unknown.