London Court to Hear Case of Bulgarian Spies for Russia
A significant espionage case is set to unfold in London as Orlin Rusev, Katrin Ivanova, Biser Djambazov, Vanya Gaberova, and Ivan Stoyanov face trial, accused of spying on behalf of Russia
Uber shares are down nearly 5% on US OTC trading after the company's shared-travel app was stripped of its London license, BNR reported.
The company lost its license to operate in the UK capital on Monday as the London Transport Regulator revealed that more than 14,000 uninsured trips had been made.
Some of these journeys were undertaken by unlicensed drivers, including one person whose licence had been previously revoked by TfL, while another failure allowed "dismissed or suspended drivers to create an Uber account and carry passengers", Inews UK reported.
London's transport regulators say it has decided not to renew Uber's license for the British capital because of "a number of breaches that put passengers and their safety at risk". The transport regulator added that the shared travel company did not meet the necessary licensing requirements.
London is Europe's largest market for Uber, and Uber London Ltd. is likely to appeal the decision and continue to act during litigation.
In September 2017, the London Transport Regulator announced that it would not grant Uber a five-year London work permit, but then a British court granted a 15-month license extension to the company.
Uber now has 21 days to appeal the decision, during which time it will be able to continue its activities, as well as during a possible appeal process. The company may attempt to make changes to show magistrates that it is capable and appropriate to perform its business at the time of appeal.
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The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022