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Technology 08 Apr 2021 | 1:39 AM

Uber, Lyft tout U.S. ride-hail driver pay, incentives amid demand uptick

(Reuters) - Uber Technologies Inc and Lyft Inc said U.S. drivers on their ride-hail platforms were earning significantly more than before the pandemic as trip demand outstrips driver supply, prompting the companies to offer extra incentives.

Business 08 Apr 2021 | 7:00 AM

IMF predicts faster global recovery

BEIJING: The International Monetary Fund (IMF) predicted China’s economy to grow at 8.4% this year, which is 0.3 percentage point stronger than in its January forecast, while global growth is expected to reach 6% in 2021, a higher-than-expected recovery that could face “daunting challenges” ahead.

Nation 08 Apr 2021 | 7:00 AM

‘Govt okayed negotiations’

PETALING JAYA: The acquisition of new Electric Train Set (ETS) coaches by Keretapi Tanah Melayu Bhd was done via direct negotiation after all bidders failed to fulfil the requirements set by the government, says the Transport Ministry.