concerns

Taiwan blocks Foodpanda’s $950 million deal with Uber over competition concerns – Trendy Blogger

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Taiwan blocks Foodpanda’s 0 million deal with Uber over competition concerns – Trendy Blogger

Taiwan’s Fair Trade Commission (FTC) has blocked Uber Technologies’ $950 million purchase of the island’s Delivery Hero subsidiary Foodpanda, citing competition concerns. The Federal Trade Commission announced the decision on Wednesday, stating that the deal would hurt competition in the market by eliminating rivalry between Taiwan’s main food delivery competitors, UberEats and Foodpanda. The merger … Read more

Consumers raise concerns over KE write-off claims of Rs68 billion during NEPRA hearing – Trendy Blogger

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Consumers raise concerns over KE write-off claims of Rs68 billion during NEPRA hearing – Trendy Blogger

Islamabad: The National Electric Power Regulatory Authority (NEPRA) on Tuesday concluded the public hearing on K-Electric’s (KE) application to write off Rs68 billion of non-recoverable dues accumulated over seven years, from FY17 to FY23. These claims, which were presented as crucial to KE’s financial sustainability, drew sharp criticism from consumers in Karachi, who expressed concerns … Read more

Oil is drifting amid Chinese stimulus concerns and oversupply fears – Trendy Blogger

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Oil is drifting amid Chinese stimulus concerns and oversupply fears – Trendy Blogger

Oil prices were little changed on Tuesday, awaiting further price direction from OPEC’s monthly report, with investor disappointment over China’s latest stimulus plan and fears of oversupply keeping buying interest at bay. By 0745 GMT, Brent crude futures rose four cents to $71.87 a barrel. US West Texas Intermediate crude futures fell one cent to … Read more

Quetta administration rejects PTI rally request citing security concerns trendy blogger

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Quetta administration rejects PTI rally request citing security concerns trendy blogger

The Quetta district administration rejected the PTI’s request to hold a public rally on Saturday, despite an alleged court order in favor of the rally. The decision is due to ongoing security concerns in the region. Rejection of assembly request PTI had planned to hold a public rally at the hockey stadium in Quetta and … Read more