Tag: Price Changes

India teams up with China to counter OPEC’s influence on fuel pricing | DNA India

India teams up with China to counter OPEC’s influence on fuel pricing | DNA India

With oil producers’ cartel OPEC playing havoc with prices, India discussed with China the possibility of forming an ‘oil buyers club’ that can negotiate better terms with sellers as well as getting more US crude oil to Asia to cut dominance of the oil block. As a follow up of Oil Minister Dharmendra Pradhan’s idea […]

Shoppers love dynamic pricing, but 25% of retailers are skeptical of its effectiveness | FierceRetail

Shoppers love dynamic pricing, but 25% of retailers are skeptical of its effectiveness | FierceRetail

As many as 65% of consumers are open to price changes throughout the day, especially if a product is reaching a sell-by date, according to a new report by Displaydata and Planet Retail RNG. And about half, 52%, are open to dynamic pricing if it is to price match, even though 25% of retailers are […]

Airlines yet to remove dynamic pricing on tickets for city passengers | Times of India

Airlines yet to remove dynamic pricing on tickets for city passengers | Times of India

“Since the airlines are not allowed to operate on full passenger capacity due to load penalty, they had this dynamic pricing system. Passengers booking at the last moment will have to cough up more fare than the actual one. We request the airlines to remove the dynamic pricing system as load penalty is over at […]

Letters: Uber’s Surge Pricing Is Merely Supply And Demand | Civil Beat

Letters: Uber’s Surge Pricing Is Merely Supply And Demand | Civil Beat

Steve Paselk’s recent letter (“Letters: Regulate Uber Drivers — For Their Own Good”) about Uber drivers purportedly earning a mere $9.21 per hour is unintentionally ironic, given the Honolulu City Council’s decision Wednesday to cap surge pricing (“City Council Votes To Cap Uber And Lyft Prices”) for all local ride-hail drivers. The study Paselk quoted contains myriad errors in its […]

Have consumers gained back what they had lost from rising fuel prices? | cnbctv18.com

Have consumers gained back what they had lost from rising fuel prices? | cnbctv18.com

After oil marketing companies (OMCs) decided to keep the prices of auto fuels unchanged, since then, the prices in India were on a freeze for 19 consecutive days between April 25, 2018 and May 13, 2018. Many media reports during this period stating that the government had directed the OMCs no to raise auto fuel […]

Can You Guess Which US Airline Is the Worst? | MoneyWise

Can You Guess Which US Airline Is the Worst? | MoneyWise

Each day, tens of thousands of commercial flights crisscross America’s skies, and passengers on board those planes can have vastly different flying experiences. The seats can be relatively roomy and comfortable — or cramped and feel like you’re sitting on upholstered cement. You might pay one fairly inclusive price, or find your low fare comes […]

Starbucks Raising Prices Despite Racial Backlash | Nasdaq.com

Starbucks Raising Prices Despite Racial Backlash | Nasdaq.com

(RTTNews.com) – Coffee retail giant Starbucks ( SBUX ) has raised prices for a cup of coffee between 10 cents and 20 cents on all sizes of brewed coffee at most of its over 8,000 company-operated stores across the U.S. The price of a 12-ounce “tall” cup of brewed coffee now ranges from $1.95 to […]

More flexible taxis, Saskatoon ride-sharing rules expected this fall | Saskatoon StarPhoenix

More flexible taxis, Saskatoon ride-sharing rules expected this fall | Saskatoon StarPhoenix

The new rules for taxis and ride-sharing companies would eventually be rolled into the comprehensive bylaw, the report says. The numbers of taxi licences in Saskatoon would remain the same under the new rules at 160, but the 24 existing seasonal licences would be replaced by flex licences, allowing taxi companies to put more vehicles […]

Panel to engage warring online taxi companies, drivers | The Economic Times

Panel to engage warring online taxi companies, drivers | The Economic Times

Kumaraswamy, while in the Opposition, had extended support to Uber and Ola drivers protesting against declining earnings and incentives. Last year, the Janata Dal (Secular) leader helped launch a mobile app-based ride-hailing platform called Namma TYGR with driver-friendly terms but it failed to make a dent in the market. “Both Ola and Uber lured drivers […]

The Latest: Uber derides ‘surge pricing’ limit in Honolulu | Star Tribune

The Latest: Uber derides ‘surge pricing’ limit in Honolulu | Star Tribune

HONOLULU — The Latest on a Honolulu bill that would limit prices ride-hailing services can impose on riders (all times local): 5:15 p.m. Uber derided the measure passed by Honolulu leaders capping what ride-hailing services can charge during peak demand. Uber released a statement Wednesday calling the limit “a solution in search of a problem.” […]