Uber IPO proposals value company at $120 billion – WSJ

(Reuters) – Ride-hailing giant Uber Technologies Inc [UBER.UL] could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday. FILE PHOTO: Uber’s logo is displayed on a mobile phone in London, Britain, September 14, 2018. REUTERS/Hannah Mckay/File Photo The ...

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At least seven killed in train derailment in Morocco

SIDI BOUKNADEL, Morocco (Reuters) – At least seven people were killed and about 80 injured when a train was derailed near the Moroccan capital Rabat on Tuesday morning, a medical source said. A general view shows the site of train derailment at Sidi Bouknadel near the Moroccan capital Rabat, Morocco October 16, 2018. REUTERS/Ahmed ElJechtimi At least one wagon overturned ...

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U.S. judge approves settlement between SEC, Tesla and Musk

(Reuters) – A U.S. judge on Tuesday approved the settlement between the Securities and Exchange Commission, Tesla Inc (TSLA.O) and its Chief Executive Officer Elon Musk. FILE PHOTO: Tesla Motors CEO Elon Musk reveals the Tesla Energy Powerwall Home Battery during an event in Hawthorne, California, U.S., April 30, 2015. REUTERS/Patrick T. Fallon/File Photo Musk agreed to pay a $20 ...

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Stand together, Britain’s May calls for unity on Brexit

LONDON/LUXEMBOURG (Reuters) – Britain’s Prime Minister Theresa May told her ministers on Tuesday they would secure a Brexit deal if they stood together, calling for a show of unity to silence those pressing her to rethink her strategy for leaving the European Union. FILE PHOTO: Britain’s Prime Minister Theresa May leaves Downing Street in London, Britain, October 10, 2018. REUTERS/Simon ...

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Pippa Middleton and James Matthews welcome their first child

Image copyright EPA Image caption The couple were photographed attending the royal wedding just a few days before the birth Pippa Middleton, the sister of the Duchess of Cambridge, has given birth to her first child. A Kensington Palace spokesman said Prince William and Kate Middleton were “thrilled” for Pippa and her husband James Matthews. Pippa’s last major public outing ...

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Sears faces tough foe: an unforgiving bankruptcy code

(Reuters) – When Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, it said it would close another 142 unprofitable Sears and Kmart locations and seek to reorganize around financially healthier stores. It also triggered a “time bomb” that retailers have had a tough time surviving. A derelict Sears store is seen in Santa Monica, California, United States, October ...

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ICRC names abducted midwife killed in Nigeria

GENEVA (Reuters) – The Red Cross on Tuesday named a health worker abducted and murdered by her Islamist captors in Nigeria as Hauwa Mohammed Liman, a 24-year-old midwife. Members of the Bring Back Our Girls (BBOG) movement carry banners ahead of a march to condemn the killing of a medical aid worker and asking for the release of schoolgirl Leah ...

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