Name: Uber appeal, EU summit, Mexico election
Uploaded: 2018-06-26T08:04:03.000Z
Duration: 5 min 3 s
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Hello, and welcome to The Week Ahead from the Financial Times in London.

Future continuous

Here are some of the big stories we'll be watching this week.

Migration and Brexit will top the agenda at a key EU summit.

Uber appeals against losing its licence in London.

Leftwing Amlo looks set to win Mexico's presidential election.

And results from South Africa's Steinhoff,

if the scandal-hit retailer can bounce back.

First, in Brussels, EU leaders gather on Thursday

for one of the most difficult summits in years, with member

and how to respond to the US under Donald Trump.

The two-day gathering will cover some of the most fraught issues

for the union - how to break the impasse on a common asylum

how to salvage the transatlantic alliance,

From the British point of view, the thing

Britain is meant to be out of the EU by March of next year.

And there are all sorts of incredibly important details

The British will be hoping for some advances.

However, from the German and French point of view,

The government of Angela Merkel in Germany

is actually under threat because its coalition partners

Merkel is pleading for time and saying maybe

she can get a pan-European deal at this council.

And finally, there's the question of eurozone reform.

Merkel and Macron, the French and German leaders,

have just agreed to have a separate budget

But if it happens, it's a huge development.

Uber will face London's transport authority this week

in a much anticipated hearing about its licence

The ride-hailing app was banned by Transport

for London, or TFL, in September over safety concerns.

because London is Uber's biggest market in Europe.

TFL banned Uber primarily because of concerns

over how it dealt with security incidents

and how it reported violent incidents to the police.

And since the start of the year, Uber's made

a series of changes intended to appease TFL.

So they've invested millions of pounds in call centre staff

so drivers and riders can call if they have a question or a concern.

They've said they'll start reporting violent incidents to the police.

have to take a break, which is a response to concerns

So I think they will be going into the hearing

this week very confident and hopeful that they'll

get their licence back, although there were

some expectations that the licence issue would

And that hasn't happened, so we'll have to see.

Mexico looks set for one of the most profound political shifts

in decades when voters go to the polls on July the 1st.

Andrés Manuel López Obrador, a leftist nationalist,

is more than 20 points clear of his rivals and is predicted

to win a landslide with his Morena party,

dealing a major blow to the ruling Institutional

Amlo, as the 64-year-old is widely known,

reform that opened Mexico's oil sector to private investment.

to the failed policies of Mexico's populist governments of the 1970s.

Steinhoff has been one of the more spectacular

high-profile corporate scandals of recent years.

Equity in the South African retail group,

which owns Poundland in the UK, collapsed

after the discovery of accounting irregularities six months ago.

be watching Steinhoff results very closely this week

Steinhoff, which is a pan-African retail group,

was the biggest flotation of 2015 on Frankfurt's markets

Since then, its shares have lost 90% of their value.

Its former major shareholder is suing it.

And its former chief executive is under investigation

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Uber appeal, EU summit, Mexico election

tough

profound

spectacular

skeptical