Ride-hailing company Uber Technologies Inc is in early talks to buy food delivery company Deliveroo, Bloomberg reported on Thursday, citing people familiar with the matter. The value of the deal is not known, Bloomberg reported, adding that the offer would need to be considerably above Deliveroo’s latest valuation. London-based DeliverooRead More →

The International Monetary Fund (IMF) on Thursday cut its 2018 forecast for German GDP growth to 2.2 percent, saying rising protectionism and the threat of a hard Brexit had exposed Europe’s biggest economy to significant short-term risks. The Washington-based lender, whose previous prediction from April was 2.5 percent, edged itsRead More →