London Court reinstates Uber’s license to operate in the capital

Transport for London revoked Uber’s (NYSE: UBER) license to operate in the capital late last year citing safety breaches. After months of legal battle, Uber finally had its license reinstated in London on Monday as a judge rescinded the regulator’s ban on the American ride-hailing service. Last year was the second time TfL had banned Uber’s operations in London. The regulator had also raised concerns in 2017 on Uber’s measures to ensure passenger safety. Shares of the company opened about 4% up on Monday. The stock continued its rally and jumped another 1% in the next hour. Uber now has