US Tax Breaks Lure European Clean Tech
LONDON — Norwegian startup Freyr will first build batteries to power electric vehicles and store clean energy in a remote town near the Arctic Circle. Up next? An Atlanta suburb.
Intel Plans $88 Billion Chipmaking Expansion in Europe
LONDON — U.S. chipmaker Intel unveiled plans on March 15 to invest up to $88 billion across Europe as part of an ambitious expansion aimed at evening out imbalances in the global semiconductor industry that have led to big chip shortages.
Uber to Give UK Drivers Minimum Wage, Pension
LONDON — Uber is giving its U.K. drivers the minimum wage, pensions and holiday pay, after a recent court ruling that said they should be classified as workers and entitled to such benefits.
UK Supreme Court Gives Uber Drivers Benefits in Landmark Ruling
LONDON — Uber drivers in Britain should be classed as “workers” and not self-employed, the U.K. Supreme Court ruled Feb. 19, in a decision that threatens the company’s business model and holds broader implications for the so-called gig economy.
Uber Loses License in London Over Safety, Vows to Appeal
LONDON — London’s transit authority Nov. 25 refused to renew Uber’s operating license over concerns about impostor drivers, with the ride-booking company vowing to appeal the decision as it struggles to secure its future in the British capital.