Singapore watchdog fines Grab, Uber $9.5 mn over merger

Singapore on Monday fined ride-hailing firms Grab and Uber $9.5 million for breaking competition rules when they merged, saying the deal had increased fares and thrown up roadblocks for competitors.

Road block for Uber-Grab deal in Singapore

Singapore on Thursday threatened to reverse the sale of Uber's Southeast Asian business to Grab, calling for changes to be made to the deal, which it said infringed competition rules.

Uber back on the road in Vienna

Uber said Friday it had resumed operations in Vienna, two days after a court ruling took the ride-hailing service off the road following a complaint from a local taxi firm.

Uber-Grab deal hits speed bump in Singapore

Singapore on Friday imposed restrictions on ride-hailing firm Grab's acquisition of Uber's Southeast Asian business until it concludes a probe into whether the sale may have infringed competition rules.

Tripadvisor escapes fine in Italy over fake reviews

An Italian court overturned Monday a 500,000-euro ($550,000) fine slapped on TripAdvisor for failing to warn users that some opinions posted on the popular hotel and restaurant review website may be fakes.

EU OKs $2.7bn Siemens takeover of UK rail firm

The European Union's antitrust body has cleared a 1.74 billion pound ($2.7 billion) takeover of a British rail technology company by German industrial conglomerate Siemens.

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