US company Uber’s total booking performance in the first quarter was found to be below market expectations.
Uber’s stock price plunged at the market open on the 8th (local time).
In the performance report released today, Uber announced that reservations in the first quarter totaled $37.7 billion.
This is an increase of 20% compared to the same period last year, but is lower than the forecast ($38 billion) presented by the company when announcing its performance in February.
Sales were $10.13 billion, slightly above the expert estimate ($10.11 billion) compiled by market research firm LSEG.
Prashant Mehandra-Raja, Uber’s chief financial officer, attributed the lower-than-expected overall bookings to “weakening ridership activity in Latin America, as well as the early start of the Easter and Ramadan weeks.”
On this day, Uber’s stock price on the New York Stock Exchange was trading down about 5% at the start of the market opening.
After the pandemic, profitability in the mobility sector recovered significantly as people got out more and people working from home returned to work.
The food delivery business also saw a drop in its high growth rate during the pandemic,
National Register Of Crafts: Nearly 14,000 Artisan Bakers…
National Register of Crafts: nearly 14,000 artisan bakers registered (Ms. Ammor)
Rabat – Nearly 14,000 workers in traditional bakeries, including 12,000 beneficiaries of compulsory health insurance (AMO), have registered in the National Register of Crafts (RNA), said Monday in Rabat, the Minister of Tourism, Crafts and the Social and Solidarity Economy, Fatima Zahra Ammor.
In response to a central question during the oral questions session in the House of Representatives on “the situation of traditional bakeries”, Ms. Ammor explained that Law 50.17 relating to the exercise of craft activities “encompasses this category important and allows the artisans who work there to register with the RNA”, emphasizing that traditional bakeries are part of the craft services sectors.
The minister also indicated that her Department is working on the organization of craft professions within provincial, regional and national corporations, which “will allow the development of a work program in coordination with these organizations for the development and preservation of craft activity.
In this sense, she stressed that a meeting took place with the two federations in the traditional bakery sector to make them aware of the importance of registering with the RNA in order to benefit from the programs offered by the State,
Revolutionary Carbon-Capturing Plant In Iceland: Turning Air Into…
The World’s Largest Carbon Capture Plant in Iceland
The Mammoth plant in Hellisheiði, Iceland, operated by Climeworks, has officially started its mission to remove planet-heating pollution from the atmosphere. This groundbreaking facility marks a significant step towards combating climate change.
Revolutionary Technology
Direct air capture (DAC) technology, utilized by Climeworks, involves extracting carbon from the air using specialized chemicals. Mammoth, the second commercial DAC plant in Iceland, is ten times larger than its predecessor, Orca. This innovative process aims to capture carbon and either store it underground, reuse it, or convert it into solid materials.
Sequestration Process
After capturing carbon, Climeworks plans to transport it underground for a sequestration process in collaboration with Icelandic company Carbfix. This process involves converting the carbon into stone, effectively locking it away permanently. The entire operation is powered by Iceland’s clean geothermal energy, showcasing a sustainable approach to combating climate change.
Urgent Need for Climate Solutions
With carbon dioxide levels in the atmosphere reaching record highs, there is a growing urgency for innovative climate solutions like DAC. As the planet continues to warm, leading to severe consequences for both humans and nature, the importance of removing carbon from the atmosphere alongside reducing fossil fuel usage cannot be overstated.
Residents Of Latvia Will Be Paid For Wind…
Compensations are provided for those households and municipalities that are located within a radius of two kilometers from wind turbines. Each turbine is expected to have a capacity of between 4 and 7 megawatts (MW).
However, compensation will not apply to areas where wind turbines were previously installed.
As Melnis reported, half of the compensation amount will be intended for residents, and the second – for self-government. If there are no households in the vicinity of the installed turbines, the entire amount of compensation will be paid to the local government.
“The main thing is to ensure that residents receive compensation payments,” Melnis emphasized.
The compensation is intended for residents currently living in the areas where the turbines will be installed. If someone is just planning to move to these territories, then compensation will not be paid, the minister explained.
The amount of compensation will be calculated individually – for the owner of the household it will be at least the minimum monthly salary, but not more than three minimum salaries. The remaining amount will go to the local government.
According to the minister, the administration of compensation can be taken over by local governments.
Success Of The Great Madagascar Economic Fair
The major economic fair, organized by the events company Trait d’Union, brought together around a hundred participants.
The first edition of Madagascar’s major economic fair closed successfully at Independence Avenue in Toamasina, after three days of event. The organizers said they were generally satisfied with the progress of this major initiative. All economic sectors were represented through around a hundred stands, from financial services to solar energy, including business coaching and large concession companies. A special showcase was dedicated to “made in Madagascar” products, highlighting items with high added value such as Malagasy crafts and food processing.
The planned networking activities were particularly fruitful, offering economic operators the opportunity to share ideas, develop partnerships and interact with the general public. “We created meeting opportunities that led to concrete business relationships between participants. Additionally, many exhibitors were able to establish partnerships with investors,” said Tsinjo Stella Andriamamonjy, member of the organizing committee.
Optimists
On the visitors’ side, special offers and payment facilities were offered by exhibitors, thus stimulating a considerable sales volume during the event and satisfying visitors’ expectations.
Thematic debates also enriched the event program, addressing topics such as energy alternatives, workplace safety and innovative sales strategies to boost business revenues.
Trump Fined For Contempt Of Court In Porn…
MADRID (EUROPA PRESS).- Judge Juan Merchan fined former United States President Donald Trump one thousand dollars (927 euros) this Monday for contempt of court after violating a silence order imposed against him in the framework of the trial for the case. of bribery to porn actress Steffany Clifford, known as ‘Stormy Daniels’.
“His continued and premeditated violations of the orders imposed by this court threaten justice and constitute a direct attack on the rule of law. I cannot allow this to continue,” said the judge, who has fined Trump for the tenth time, as reported NBC News.
Merchan once again warned the tycoon that he will impose a prison sentence if he continues to disobey the court. “It’s important that you understand that the last thing I want to do is put you in jail. You are the former president of the United States and possibly the next president as well,” he added.
Trump indicated as he left the court that the prosecutors “have no case” and that the plot against him is “ridiculous.”
“Despite this, the judges have gagged me and do not allow me to speak,” he said, adding that the trial has been promoted by the current president,
Cabinet Wants Ban On Use Of Trade Register…
#Cabinet #ban #Trade #Register #data #direct #marketing #Pro #News
Oh yeah. If you register, you will receive a letter from the following day Graydon with something to the effect of ‘We are going to make your data transparent to anyone who is willing to pay a few cents for it’. As far as I know it is opt-out not possible. Edit: Here is the letter.
I gave up a phone number from a disposable SIM last time, I don’t feel like making all those marketing calls anymore. You have to pay to be in the Trade Register, then also pay for an extract (SQL query automated email, that’s 16 euros kthxbye) and to top it all off, the Chamber of Commerce simply sells your data. Unbelievable and good that something is being done about it.
Another relevant piece from their page ‘About your dates‘:
To be forgotten/oblivion
You have the right to be “forgotten” in our database and therefore have your personal data deleted. For our “Market Information” service,
How To Protect Your Personal Data From Graydons…
But yes. If you register, you will receive a letter from the next day Graydon with something along the lines of ‘We’re going to make your data visible to anyone willing to pay a few cents for it’. As far as I know it is withdrawal is not possible. Edit: This is the letter.
I provided a phone number from a disposable SIM for the last time, I don’t feel like doing all those marketing calls anymore. You have to pay to be in the Trading Register, then also pay for a segment (SQL queryautomatic email, that’s 16 euros kthxbye) and to top it all off, the Trading Room will be just selling your data. Unbelievable and good that something is being done about it.
Another relevant piece from their page’About your dates‘:
To be forgotten/overlooked
You have the right to be “forgotten” in our database and therefore have your personal data deleted. For our “Market Intelligence” service, this is a full right and we will no longer use your data for marketing purposes upon your request.
For our other services, this is not an absolute right and Graydon uses a legitimate interest to process your company’s personal data.
These Properties Are Currently Losing Almost 11 Percent…
Real estate prices are under pressure. The supply of modern new-build houses has recently declined. picture alliance / Zoonar | elxeneize
The Institute for the World Economy has published new figures and data in the renowned real estate price index.
While the decline in prices for condominiums, for example, has slowed somewhat, there has been a significant decline in apartment buildings.
Moritz Schularick, President of the Institute for the World Economy, says: “Supply and demand are not yet quite aligned on the real estate market.”
Real estate prices are currently very volatile. Although the finding is not necessarily new, it is now reinforced once again by the Greix real estate price index. This appears quarterly and has now been published by the Institute for the Wor ld Economy (IfW) in Kiel. The study not only shows the volatility of the market, but above all also shows a big loser in the industry.
According to the researchers from Kiel, real estate prices in Germany have developed differently in recent months. In the first quarter of 2024, there were some major differences depending on the residential segment and location. However, the stabilization that had already begun in the previous months tended to continue.