16 Articles
Aug 7, 2020 Motorsports
Nico Hulkenberg up again after F1's Sergio Perez still positive for COVID-19

Perez had traveled home to visit his mother in the hospital

Nico Hulkenberg will continue as a stand-in for Racing Point at Formula One's 70th Anniversary Grand Prix on Sunday after Mexican Sergio Perez again tested positive for COVID-19, the team said on Friday. The 32-year-old German was drafted in for last weekend's British Grand Prix at Silverstone, alongside Canadian race regular Lance Stroll, but did not start the race after an engine problem. "Sergio's test has returned a positive result and he will continue to follow the guidance of Public Heal

Reuters
Aug 7, 2020 Official
Uber rides take COVID-19 hit but food-delivery business doubles

Uber still seeks profitability before end of 2021

Uber recorded an adjusted loss in earnings before interest, taxes, depreciation and amortization of $837 million in the second quarter. Ride-hailing trips, in the past responsible for nearly two-thirds of Uber's revenue, increased 5 percentage points from their low in April, but gross bookings remained down 75% from last year. Uber's chief executive officer, Dara Khosrowshahi, told analysts on a conference call on Thursday that rides recovery depended on the ability of different countries to

Reuters
Aug 7, 2020 Official
Mahindra seeks investors for electric vehicle business

Also finalizing investment plans for its Automobili Pininfarina unit

Indian automaker Mahindra & Mahindra is looking for investment partners for its domestic electric vehicles business and is finalising investment plans for its Automobili Pininfarina unit, the group's managing director said on Friday. The automaker wants to be a key player in mass-market electric vehicles (EVs) through its unit Mahindra Electric and in the high-end segment through Europe-based Pininfarina, which is building an electric hyper car Battista, Pawan Goenka said. Mahindra &

Reuters
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