Former Manchester United manager Alex Ferguson: “It is unfair . . . to try and retain the authority you once possessed. You have to let go and let the new man and the new regime do what they think is best.” Photograph: Oli Scarf/AFP/Getty

Alex Ferguson, the former manager of Manchester United, once offered this universal truth about how to behave towards a successor: “It is unfair . . .(...)

The graft behind the glitz at the Cannes Film Festival. Photograph: John Phillips/Getty Images

Image of the week: Step-by-step The phrase “roll out the red carpet” doesn’t come from nowhere: the red carpet must indeed be rolled out, in this cas(...)

Uber stock “did not trade as well as we had hoped post-IPO”, chief executive Dara Khosrowshahi wrote in a memo to employees. Photograph: Josh Edelson/AFP/Getty Images

Uber Technologies’ shares fell as much as 12 per cent on Monday, more than doubling their losses since the ride-hailing giant’s poorly received Wall S(...)

Uber’s public debut marks a milestone for a company that has reshaped transportation in many cities but also proven deeply divisive among regulators. Photograph: Reuters

Uber’s shares sank almost 8 per cent below their offer price on Friday, giving the ride-hailing company a disappointing market value of below $70 bill(...)

Grand Slam reputation: Rolex brand ambassador Roger Federer kisses the Wimbledon trophy in 2017. Photograph: Glyn Kirk/AFP

Why is Rolex judged to be the most reputable company in the world? “It sort of has a higher purpose,” says Stephen Hahn-Griffiths, chief reputation of(...)

Photograph: Andrew Harrer/Bloomberg

Uber has demand for all of the shares offered in its initial public offering (IPO) days after it began marketing the sale, people familiar with the ma(...)

A dashboard-mounted smartphone displays the Uber Technologies  app as an Uber X driver heads towards skyscrapers in the ‘Mainhattan’ financial district in Frankfurt, Germany.  Photographer: Alex Kraus/Bloomberg

Uber will seek a valuation of up to $91.5 billion (€82.1 billion) in its upcoming flotation, lower than its bankers had previously hoped for but still(...)

Uber’s autonomous vehicle unit has raised $1 billion (€890 million) from a consortium of investors including SoftBank Group, giving the company a much(...)

A filing revealed Uber had 91 million average monthly active users on its platforms.

Uber has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its initial public offer(...)

The acquisition will allow ride-hailing company to emphasise its global footprint relative to rival Lyft, which is expected to begin trading on Friday. Photograph: Lucy Nicholson/Reuters

Uber chief executive Dara Khosrowshahi has cut the largest deal of his tenure, buying Middle Eastern ride-hailing competitor Careem Networks for $3.1 (...)

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