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Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds
Uber Builds Large Stake In Germany's Delivery Hero As Takeover Speculation Builds
Uber is exploring a potential takeover of Delivery Hero after building a large stake in the rival German food delivery company, Bloomberg News reports. This follows an earlier report that Uber had built a 19.5% stake.
On Monday, Uber disclosed that it owns 19.5% of Delivery Hero, plus an additional 5.6% through options. The position was built with the help of Morgan Stanley traders, according to people familiar with the matter.
Uber's move to acquire Delivery Hero could be an...
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Jun 29, 2026 / Tyler Durden
Hormuz Tanker Traffic Plunges After Fresh US-Iran Strikes
Hormuz Tanker Traffic Plunges After Fresh US-Iran Strikes
Tanker traffic through the Strait of Hormuz tumbled since late last week, as ship owners and operators froze up amid the renewed hostilities between Iran and the US over the weekend.
The Thursday attack on the container ship Ever Lovely prompted some shipowners to pull back and wait for additional information about how safe transiting the Strait is. The U.S. military on Friday carried out strikes on Iran in response to the attack on the vessel.
Then, on Friday and Saturday, the US Central...
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Jul 8, 2026 / Tyler Durden
Iran Threatens To Reclose Strait, As US Military 'Ready' to Restart Blockade: 'Trump Will Certainly Lose'
Iran Threatens To Reclose Strait, As US Military 'Ready' to Restart Blockade: 'Trump Will Certainly Lose'
Summary
Iran threatens to reclose the Strait of Hormuz and suspended final talks with the US.
The US earlier revoked an Iranian oil waiver & now signals readiness to restore a maritime blockade.
Trump said the ceasefire is over and warned of fresh US strikes on Iran, probably "tonight".
Oil jumps above $80 as fears of renewed conflict & return to Hormuz Strait closure intensifies.
Strait of Hormuz traffic returns to normal by August 31?
Yes 19% · No 82%View...
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Jul 21, 2026 / Tyler Durden
Ukraine's Army Chief Latest To Fall Victim To Zelensky's Risky Reshuffle
Ukraine's Army Chief Latest To Fall Victim To Zelensky's Risky Reshuffle
Zelensky strikes again in another major military firing, amid his promised big cabinet and military 'reshuffle'.
The Ukrainian president announced Tuesday that he was dismissing Oleksandr Syrsky, commander-in-chief of country's army, and appointing joint forces commander Mykhailo Drapaty in his place. Syrsky was in the post for nearly two-and-a-half years, since February 2024.
Now former Commander-in-Chief of Ukraine’s Armed Forces, Colonel General Oleksandr Syrsky
"I have decided that the new Commander-in-Chief of the Armed Forces of Ukraine will be Mykhailo Drapaty... I am grateful to Oleksandr...
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