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Uber files appeal against licence loss

LONDON: Uber submitted an appeal on Friday against the decision by the southern coastal English city of Brighton to strip the taxi app of its licence for not being “fit and proper” over data concerns and the use of drivers from outside the area. “We have today filed our appeal at Brighton Magistrates’ Court,” an Uber spokesman said. “We want to continue providing more choice and competition for both private hire drivers and passengers in the city.” The Silicon Valley firm is also battling to keep its cars on the…

Uber loses licence to operate in London

LONDON: London transport authorities announced on Friday they would not renew Uber's licence to operate in the city when it expires on September 30 over public safety concerns, although it has three weeks to appeal. Transport for London said the conduct of the ride-hailing app, which has around 25,000 drivers operating in the British capital, had raised concerns. "TfL has concluded that Uber London Limited is not fit and proper to hold a private hire operator licence," it said in a statement. It said Uber's…

Bank of China given licence to operate in Pakistan

ISLAMABAD: State Bank of Pakistan (SBP) on Saturday granted Bank of China a licence to operate in the country to ease the financial requirements of Chinese-led "Belt and Road" projects. "The Bank of China aims to provide differential and specialised banking services to effectively serve the financing needs of China Pakistan Economic Corridor (CPEC) related projects by leveraging on its experience and global technology platform," the central bank said in a statement. The statement outlined the Bank of China's…