LONDON (Sept 21): British Prime Minister Theresa May said on Friday the European Union must come up with an alternative to her Brexit proposals, saying talks had reached an impasse after bloc's leaders had rejected her plans without explaining why.
At a summit in Austria on Thursday, EU leaders said they would push for a Brexit deal next month but rejected May's "Chequers" plan, saying she need to give ground on trade and arrangements for the UK border with Ireland.
Uber is said to be in preliminary talks to acquire London-headquartered food delivery company Deliveroo, reports Bloomberg. The firm is presently valued at over $2 billion, and Uber will likely have to cough up a fair bit more than that to snap it up. If the deal goes through, it could give Uber a shot at ruling the roost in the food delivery space across Europe. Deliveroo currently operates in more than 200 cities across four continents, including 100 towns in the UK. That may not be easy though, as the company isn’t keen to relinquish control over its business.… This story continues at The Next WebOr just read more coverage about: Uber