Uber cedes control in Russian market with Yandex tie-up

Uber is ceding control of the Russian market by agreeing to merge its ride-hailing business in the country with Yandex, the Russian search-engine leader that also runs a popular taxi-booking app.

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International Consortium Signs Interim Phase Agreement with Federal Government of Nigeria (FGN) for Rail Concession

Following its award of preferred bidder status by the Federal Government of Nigeria in May 2017, an International Consortium last Friday in Washington D.C, signed an agreement to proceed with the Interim Phase of the Nigerian narrow-gauge railway concession. Initiated by General Electric (www.GE.com), the world’s premier digital industrial company, the Consortium is comprised of…

Bill Cosby’s indecent assault trial goes to the jury

Bill Cosby’s trial on three counts of aggravated indecent assault is now in the hands of the 12-person jury. Jurors received the case Wednesday shortly after 11 a.m. The case against Cosby centers on testimony from Andrea Constand, a former employee with Temple University women’s basketball team.She testified that Cosby, a powerful trustee at Temple,…

2018 Chevrolet Silverado Centennial Edition Review: A Swan Song for Pickup Trucks Past — Vehicle Traveller

2018 Chevrolet Silverado Centennial Edition Review: A Swan Song for Pickup Trucks Past http://www.thedrive.com/new-cars/20170/2018-chevrolet-silverado-centennial-edition-review-a-swan-song-for-pickup-trucks-past Welcome to Critic’s Notebook, a quick and off-the-cuff car review consisting of impressions, jottings, and marginalia regarding whatever The Drive writers happen to be driving. Today’s edition: the 2018 Chevrolet Silverado Centennial Edition. Malcolm Gladwell is often quoted as saying it […]…

Ex-CEO of Cambridge Analytica Refused to Testify in UK

The Facebook logo is seen on the screen of an iPhone in front of a computer screen showing a Cambrige Analytica logo Chesnot—Getty Images By ASSOCIATED PRESS (LONDON) — The chair of the British Parliament’s media committee says that Cambridge Analytica’s former CEO, Alexander Nix, says he will no longer testify at un upcoming session…

Why the Most Productive People Don’t Always Make the Best Managers

Why the Most Productive People Don’t Always Make the Best Managers (Source: hbr.org) When a company needs a supervisor for a team, senior leaders often anoint the team’s most productive performer. Some of these stars succeed in their new role as manager; many others do not. The difference seems to hinge on whether the person…

Can Africa be the big Brexit winner?

Can Africa be the big Brexit winner? Starting at next week’s Commonwealth summit, smart moves from both sides could benefit the UK and Africa. BY RONAK GOPALDAS Following the 2016 Brexit referendum, Britain needs to forge new and strong strategic alliances and trade relationships. Where and how does Africa feature in this equation? Despite significant…

Nigerians to pay more for electricity as NERC approves ‘service charge’

The Nigerian Electricity Regulatory Commission (NERC) says prepaid meters will soon flood the market with the licensing of 87 meter asset providers (MAPs). What the power sector regulator downplayed, however, is there is also going to be an increase in the bills to be paid by electricity consumers in the country who get new meters under…

Africa must steer the rules of the international financial sector

Africa must steer the rules of the international financial sector Although tax evasion is illegal and tax avoidance isn’t, both erode sustainable development in Africa. BY MARCENA HUNTER The release of the Paradise Papers last year and the Panama Papers in 2016 revealed the role tax havens play in facilitating tax avoidance, tax evasion and…