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COMING UP:Share Opener Variant 3



>> A new twist in Uber's battle to hold onto its operating license in London. The Silicon Valley firm has appointed Laurel Powers-Freeling to take the helm in its most important European market. She has a background in banking and business, and will take on the new role of Chairman from November the 1st.
Many see the appointment as a bid to ease tensions with London Mayor, Sadiq Khan. Reuters UK correspondent, Costas Pitas.>> For example, Sadiq Khan, the Mayor of London, he's been very critical of the UK management. He's accused them of hiring an army of PR officials and of lawyers.
So changes at the top presumably will help to repair some of that relationship. Uber is battling to keep it's 40,000 drivers on the road in London after city regulators ruled it was unfit to run a tax service. Among the charges, an alleged failure to cooperate with police over crimes involving its drivers.
Employment standards, also an issue.>> Uber has been criticized for not giving workers rights to its drivers. It's something that they strenuously defend not doing. They talk about the benefits of self employment, but she may well have a different attitude. We'll have to see.>> The first hearing in the case is due on December the 11th.
In the meantime, Uber can keep taking passengers until all appeals are exhausted. That process could take years.