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FUEL PRICES IMPACT ON UBER
Star Air cuts weekly flights on high fuel costs, says airline officialStar Air has reduced its weekly flights by 15-20%, largely due to soaring Aviation Turbine Fuel prices. The airline is calling for a specia...- Uber's profit forecast disappoints as driver shortages, Middle East conflict hurtThe company is responding by spending more to recruit and retain drivers, a cost that will be watched closely because it comes as the compa...
- US Midterm Elections: Trump accepts defeat, partly blames Iran war for losses, hints at future role as political ‘pundit’Donald Trump recognized the influence of the Iran war on Republican performance in the recent midterm elections. He acknowledged that voter...
- Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
- Rising crude prices could push India's inflation by upto 1 percentage point, diversified imports helping secure oil supplies: EY's Gaurav ModaGaurav Moda, Partner and Energy Industry Leader at EY India said the increase in crude oil prices from an average of $60-65 per barrel to $...
- Marico profit jumps 31%, flags rising input costs amid West Asia woesMarico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company ...
- Aditya Birla Lifestyle bets on festive demandThe company, which owns brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England, reported flat like-for-like sales growth ...
- Parliamentary panel raises concerns over high airfares; IndiGo, Air India flag rising fuel costs, Pakistan airspace closureA parliamentary panel raised concerns over high airfares during discussions with IndiGo and Air India officials. Rising Aviation Turbine Fu...
- IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earningsIn the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106...
- Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...
- Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
- Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...
- Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
- IndiGo posts Rs 1,879-crore loss as high fuel costs, geopolitical woes hit; capacity cuts & yield management offer only partial relief, says CEO Willie WalshIndiGo reported a net loss of Rs 1,879 crore in the September quarter as a sharp rise in jet fuel prices and foreign exchange costs offset ...
- Uber rolls out encrypted trip video recording for drivers to resolve disputes: What changes for riders?Uber has introduced encrypted trip video recording to help resolve disputes, with footage accessible only to law enforcement agencies that ...
- IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%IndiGo Q2 Results: Budget airline IndiGo reported narrowing of its consolidated loss to Rs 1,879 crore in the second quarter of FY27, compa...
- US cruise ship that charged up to $120,000 per person leaves around 200 passengers stranded in Cambodia, gives them just seven hours to disembarkThe Villa Vie Odyssey cruise ship has left around 200 passengers stranded in Cambodia as fuel costs continue to rise. After two years of un...
- Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
- ‘One of the most terrifying experiences’: Gurugram woman accuses Uber driver of holding her arm, shutting the window, verbally abusing her and following herA Gurugram woman accused an Uber driver of demanding an inflated fare after her airport ride. The driver reportedly locked her luggage in t...
- 200 passengers lose their homes at sea as US cruise ship ends global voyage amid rising fuel costsA US residential cruise ship, The Odyssey, has suspended its voyage in Cambodia after a sharp rise in fuel costs made operations financiall...
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