|Bid||225.00 x N/A|
|Ask||360.00 x N/A|
|Day's range||231.20 - 242.14|
|52-week range||218.38 - 396.80|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Uber, Deliveroo and other online platform companies may have to reclassify some of their workers as employees under draft European Union rules meant to boost their social rights, according to an EU document seen by Reuters. The proposal from the European Commission, the first in the world, comes as countries and courts around Europe try to address shortcomings in the gig economy, with judges in most cases backing the rights of workers to labour rights available to those working in brick-and-mortar shops. The document estimates some 15 companies and between 1.7 million to 4.1 million workers out of 28 million could be affected by the rules, which set out five criteria for determining employees.
London's bid to transform its stock market into a haven for fast-growing technology companies to compete with New York is facing obstacles as trading volumes slide and some big-ticket initial public offerings fall flat. Britain brought in new rules last week to make it more attractive for technology companies to list, tearing up the strict "one share, one vote" regulation and enabling founders to complete a premium listing - which gives access to the prestigious FTSE indices - while retaining significant control. Finance minister Rishi Sunak pledged earlier this year that the new rules would make London more competitive after Britain left the European Union and a number of companies floated on London's market in anticipation of a smoother listing process.
LONDON (Reuters) -Speculation that the European Commission is set to propose stricter labour rules to regulate the gig economy have sent shares of companies in the sector sharply lower again on Monday building on losses from last week. "The thorny question of whether or not delivery drivers are employees is about to be answered by the EU Commission later this week and reports suggest the answer will be yes", commented Danni Hewson, a financial analyst at AJ Bell. "For food delivery businesses like Deliveroo and Just Eat that could mean a huge spike in costs, costs which many expect will be passed on to consumers across central Europe", she added.