With just under two-thirds of the population fully vaccinated, the Swiss have one of the lowest vaccination rates in Western Europe. Now, Covid-19 infections are rising exponentially, with case numbers rising by 40% to 50% each week. So is the health minister planning new restrictions, like neighbouring Germany, or even ... Read More »
The Delhi government will ensure that there is no surge-pricing by app-based cab aggregators Ola and Uberduring the implementation of odd-even car scheme, Transport Minister Kailash Gahlot said on Thursday. The minister said that he has called a meeting with representatives of Ola and Uber on Friday to discuss the issue. Talking to ... Read More »
The world’s longest glass bridge has closed within two weeks of opening after being overwhelmed by the number of visitors. More than 10,000 people flocked to the bridge in China’s Hunan province every day, overwhelming managers who had planned to limit visitors to no more than 8,000, local media said. The bridge ... Read More »
ICICI Bank Ltd, India’s top private sector lender by assets, reported first-quarter profit fell about 25 percent as its provisions for bad loans more than doubled. Standalone net profit fell to 22.32 billion rupees for its fiscal first quarter to June 30, from 29.76 billion rupees a year earlier, the ... Read More »
Surge pricing has long been Uber’s Achilles’ heel: all through durations of excessive demand, whilstthere are more riders than drivers, Uber increases its normal costs to inspire drivers to flood the quarter. Drivers adore it, regularly waiting to signal–on to the platform until surge pricing kicks in, but maximumpassengers hate ... Read More »
