(Reuters) - Uber Technologies has filed a lawsuit against DoorDash, accusing the online delivery firm of anticompetitive practices, leading to higher costs for both restaurants and customers. In a filing in California Superior Court in San Francisco on Friday, Uber accused DoorDash of coercing restaurants into using DoorDash as their exclusive or sole preferred provider for delivery. DoorDash's underhanded tactics...

Feb 18 (Reuters) - Chinese search engine giant Baidu ( BIDU ) reported a 2% drop in quarterly revenue, dragged down by a slowdown in the advertising business, though offset by gains from cloud AI. For the three months through December, the company reported a revenue of 34.12 billion yuan ($4.69 billion), compared with analysts' estimate of 33.32 billion yuan,...

LONDON, Feb 17 (Reuters) - Former Glencore and Lundin executives have set up a private mining shell company to acquire gold, silver and copper assets in the Americas, aiming to tap into an estimated $15 billion in available capital held by specialist private equity firms, co-founder Christopher Kololian said. Kololian, formerly chief financial officer at Toronto-listed Lundin Gold ( LUGDF...

05:25 AM EST, 02/18/2025 (MT Newswires) -- Intercontinental Hotels Group ( IHG ) reported full-year 2024 adjusted earnings Tuesday of $4.32 per share, up from $3.76 a year earlier. Analysts polled by FactSet expected $4.33. Revenue for the year ended Dec. 31 was $2.31 billion, up from $2.16 billion a year earlier. Analysts surveyed by FactSet expected $2.33 billion. ...