Tag: Yahoo Finance

New apps in London look to chip away at Uber's demand

Just two days ago Uber lost its license to operate in London — and its rivals are already gearing up to overtake the ride sharing app. A newcomer ride app in London, Bolt, claims that Uber’s exit from London has already brought in thousands of new sign-ups to its app. It says it has 30 thousand drivers since launching in June. And French ride hailing app Kapten said “London needs ride-hailing, but we don’t need Uber.” The company says it has 16 thousand drivers. Uber has been a primary player in London’s ride sharing market — with 45 thousand drivers and 3.5 million passengers. ...

What The UK Brexit Election Means For The Stock Markets, Boris Johnson

The ongoing political uncertainty in the U.K. is having an impact on the stock market. The upcoming general election Dec. 12 is expected to send further jitters across FX markets, which could impact the pound sterling and trigger sharp moves, according to analysts. Prime Minister Boris Johnson pushed for a general election, saying he wanted "to be reasonable with parliament" and giving MPs more time to scrutinize his Brexit withdrawal deal....

Boeing 777X fuselage split during September stress test: Seattle Times

Boeing suspended load testing of the new widebody in September when media reports said a cargo door failed a ground stress test. There have also been issues with General Electric Co's new GE9X turbine engine that will power the jet. The Seattle Times said photos it had obtained of the test on 777X showed that the extent of the damage was greater than previously disclosed and earlier reports were wrong about crucial details....

Boeing 777X fuselage split during September stress test

The fuselage of Boeing Co's upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, Boeing said on Wednesday. The world's largest planemaker suspended load testing of the new widebody in September when media reports said a cargo door failed a ground stress test. The Seattle Times, which first reported new details on the testing issue https://bit.ly/35AdjgE, said photos it had obtained of the test on the 777X showed that the extent of the damage was greater than previously disclosed and earlier reports were wrong about crucial details....