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Quotes from Dutch companies on the worsening business climate
More than a dozen Dutch companies said they were concerned about the country's business climate. Just Eat Takeaway, Shell and Unilever among those concerned. Dutch companies say they are worried about the impact of a deteriorating business climate on their business. Some companies have moved their Dutch headquarters to London.
Reuters · 03/12 12:40
Semiconductors a bright spot in Dutch startup landscape, report says
Dutch semiconductor sector startups are attracting an increasing amount of funding, report says. Venture capital funding for Dutch chip startups grew for the fifth consecutive year in 2023. The Netherlands is home to Europe's largest tech firm. Semiconductors a bright spot in Dutch startup landscape, Techleap says.
Reuters · 03/06 05:00
UPDATE 1-European shares dip as earnings disappoint; economic data on tap
European shares dip as earnings disappoint; economic data on tap. Just Eat Takeaway leads decline in technology stocks Worldline posts a full-year loss, shares tumble Euro zone consumer confidence data due 1000 GMT. U.S. And Eurozone inflation data due later in the week.
Reuters · 02/28 09:56
UPDATE 3-Just Eat forecasts 40% core profit jump, share slip
Just Eat Takeaway forecast a 40% rise in 2024 core profit. Shares in Just Eat fell by more than 6% after its updated outlook matched market expectations. Europe's biggest food delivery company says it is banking on strong growth in key British and Irish markets. CEO says company will see if there is room for another share buyback programme.
Reuters · 02/28 06:45
EUROPE RESEARCH ROUNDUP- ASMI, Sage Group, Travis Perkins
Analysts revise ratings and price targets on several European companies. ASMI, Sage Group and Travis Perkins revise their ratings and target prices on Monday. Some of the companies include Air France-KLM, BASF, Deutsche Lufthansa and ABN Amro.
Reuters · 01/22 07:34
UPDATE 1-Just Eat Takeaway to end Paris delivery service, around 100 jobs affected
Just Eat Takeaway to end Paris delivery service, around 100 jobs affected. Europe's largest meals delivery company will close its in-house delivery service in Paris. Just Eat has championed employing its own couriers in Europe rather than using "self-employed" couriers.
Reuters · 01/18 16:55
LIVE MARKETS-European futures fall on China data; UK inflation rises
European futures fall on China data; UK inflation rises. European shares set to open down sharply on Wednesday. Underwhelming China data met markets already jittery as central bankers try to push back on interest rate cut expectations. British data showing inflation rose for the first time in 10 months in December.
Reuters · 01/17 07:36
UPDATE 2-Just Eat to exceed 2023 core profit target
Just Eat says it expects to exceed 2023 core profit target. Europe's biggest meal delivery group broke even on free cash flow in second half of 2023. Just Eat sees adjusted EBITDA of around 320 mln euros in 2023, in line with guidance. Group's shares fall 3% in midday trading.
Reuters · 01/17 06:52
Grubhub settles Massachusetts' lawsuit over pandemic-era fees for $3.5 mln
Grubhub settles Massachusetts' lawsuit over pandemic-era fees for $3.5 mln Grubhub charged restaurants fees that exceeded a cap the state imposed during the COVID-19 pandemic. The state in 2021 enacted a law limiting fees to 15% of an order's price.
Reuters · 01/12 14:59
EU lawmakers, countries agree on a bill on gig workers' rights
EU lawmakers, countries agree on a bill on gig workers' rights. Rules will prevent workers from being wrongfully classified as self-employed. If adopted would be a global first for online companies such as Uber and Deliveroo. The rules will reduce the use of algorithms in decision making.
Reuters · 12/13/2023 09:03
Grubhub's 2023 Delivered Trend Report Reveals Ordering Was All About 'Doing it for the Vibes' as Diners Found Joy in the Unconventional
Grubhub's 2023 Delivered report analyzes millions of orders from diners across the U.S. To uncover the biggest food and beverage trends of the year. In 2023, over 53 million items were ordered with added spice. Buffalo chicken wings came in as the most popular wing order. 10 million coffee beverages were ordered after 5pm, the year was marked by bold choices and breaking norms.
PR Newswire · 12/12/2023 13:00
New York Food Delivery Workers Win Big Against Uber, DoorDash And GrubHub With $17.96 Minimum Hourly Pay
New york appeals court rejects attempts by uber, doordash and grubhub to overturn a minimum hourly wage rule. The companies must now pay their workers a minimum of $17.96 per hour. The ruling forces the food delivery giants to pay couriers either a flat hourly rate or a per-delivery fee.
Benzinga · 12/03/2023 04:54
EUROPE RESEARCH ROUNDUP-ABN Amro Bank, Burberry, Lloyds
Analysts revise their ratings and price targets on several european companies. Abn amro bank, burberry and lloyds among those with revised targets. Hsbc cuts target price to 1750p from 2200p for burberry group. Barclays raises target price on rockwool to dkk 2400 from dkk 2300.
Reuters · 11/28/2023 07:15
EUROPE RESEARCH ROUNDUP-Anglo American, Adevinta ASA, Auto Trader
Analysts revise their ratings and price targets on several european companies. Anglo american, adevinta asa, auto trader among those with revised targets. Analysts raise or cut ratings and prices on several companies. The market is closed on thursday for the thanksgiving holiday in the u.s.
Reuters · 11/23/2023 10:08
UPDATE 1-UK tells Uber Eats, Deliveroo and Just Eat to tighten rider account controls
Uk tells uber eats, deliveroo and just eat to tighten rider account controls. Interior ministry says drivers and riders should not be able to share accounts unchecked. Uk interior ministry wants to end practice of unchecked account sharing by their drivers and drivers. Deliveroo, just eat also told to implement stricter controls on account sharing.
Reuters · 11/14/2023 14:34
UPDATE 1-Real estate, tech drive European shares higher on bets of Fed rate-hike cycle end
Reuters · 11/02/2023 10:08
UPDATE 1-European shares slip as Middle East fears, chip stocks weigh
Reuters · 10/18/2023 08:57
UPDATE 2-Just Eat Takeaway lifts 2023 core profit outlook
Reuters · 10/18/2023 05:40
MORNING BID AMERICAS-Fed vigil sees oil recoil and UK surprise
Reuters · 09/20/2023 10:05
BUZZ-Just Eat Takeaway soars as U.S ruling on NYC fee caps may help Grubhub sale
Reuters · 09/20/2023 09:24
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About GRUB
Grubhub Inc. provides an online and mobile platform for restaurant pick-up and delivery orders. Its products include Grubhub and Seamless Mobile Applications and Mobile Website, Grubhub and Seamless Websites, Corporate Program, Delivery, Allmenus and MenuPages, Grubhub for Restaurants, and Restaurant Websites. As of December 31, 2016, the Company connected more than 50,000 local restaurants with diners in more than 1,100 cities across the United States. In certain markets, the Company also provides delivery services to restaurants on its platform that do not have their own delivery operations. The Company provides diners on the platform with a personalized platform that helps them search for local restaurants and then place an order from an Internet-connected device. It also provides diners with information about their orders and status. The Company also provides delivery services to restaurants on its platform that do not have their own delivery operations.