Taxi Market Trends, Analysis, Growth, Opportunities, Forecast to 2031 12-28-2024 03:00 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Orion Market Research Taxi Market The global taxi market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the core factors that is fueling the market is the growing tour and travel sector across the globe. Tours and traveling have been growing for years owing to several reasons such as visiting, functions, studies, jobs, business, and others. As per the World Bank 2019 data of International tourism, the total receipts reached $1.86 trillion in 2019. This has impacted the taxi market positively as taxis are easy to find, and book for the exact destination location. Get Free Sample link @ https://www.omrglobal.com/request-sample/taxi-market Impact of COVID-19 Pandemic on Global Taxi Market The COVID-19 pandemic has impacted several industries, and the tour & travel industry was impacted heavily owing to the implementation of lockdown across the globe. The imposition of lockdown stopped international traveling for months and local traveling which declined the demand for taxi services globally. Key market players also reported a decline in sales and revenue for FY2020 compared to previous years. As per the annual report of Uber 2020, the revenue of the company declined by 16% as compared to the revenue of the company in 2019. Additionally, it also shifted the user's preference to travel in a private vehicle more than a public vehicle for avoiding contact with unknowns. This change has grown the market exponentially as the situation normalized for traveling. As per the annual report of Uber 2021, the revenue of the company grew by 83% as compared to the revenue of the company in 2020. Full report of Taxi Market available @ https://www.omrglobal.com/industry-reports/taxi-market Segmental Outlook The global taxi market is segmented based on booking type, service type, and vehicle type. Based on the booking type, the market is segmented into online booking and offline booking. Based on the service type, the market is sub-segmented into ride-hailing, and ride-sharing. Based on the vehicle type, the market is sub-segmented into two-wheeler, three-wheeler, and four-wheelers. The above-mentioned segments can be customized as per the requirements. Among the service type, the ride-hailing segment is anticipated to grow significantly over the forecast period. Reasons to Buying From us - 1. We cover more than 15 major industries, further segmented into more than 90 sectors. 2. More than 120 countries are for analysis. 3. Over 100+ paid data sources mined for investigation. 4. Our expert research analysts answer all your questions before and after purchasing your report. For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/taxi-market Media Contact: Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404 Company Name: Orion Market Research About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies. This release was published on openPR.It is the picture of the week. Nigel Farage’s Reform Party now have more members than the Tories and projected the figure onto Conservative Party HQ. That magic number - 131,680 - will haunt Kemi Badenoch this Christmas. A gleeful Farage has declared himself the official Leader of the Opposition and says No10 is next. There is no doubt Reform are the insurgents on the rise. And I think Nigel Farage can become Prime Minister. But I think it will take Nigel and the Reform Party two - or maybe even three elections - before they can get to Downing Street. Just a couple of weeks ago, Reform were causing quite a stir with another photo. Nigel Farage and Reform’s new Treasurer Nick Candy were snapped with Elon Musk at Donald Trump’s effective headquarters at Mar-A- Lago, Florida. The meeting took place as speculation swirls that Musk may be about to donate a multi-million-pound sum to what he sees as the British answer to MAGA: Reform UK. Most read in Politics Such a donation would have a big impact. Reform put in a respectable showing at the General Election, pulling in 14% of the vote. But it lacks a ground game. That crucial component in politics – printing leaflets, knocking doors, collecting data – needs hard cash, especially if the party wants to get on the same footing as the Tories and Labour. Musk already helped one insurgent win this year. His resource, in the shape of $200 million, bolstered Trump’s operation and sponsored ads, digital content, and people knocking on doors around the country. There are lessons any UK campaign can learn from their techniques. Donald Trump – who Elon Musk is rarely spotted far from these days – is minded to help out Nigel Farage. He frequently praises Farage at speeches. Trump World likes him too. I attended two Trump rallies this year; each time he was mobbed by activists and generated genuine buzz in the room. That’s no mean feat for a Brit. But can even Musk’s millions propel Farage to 10 Downing Street? There is no doubt that Reform is in a strong position. Since the election they have crept up in the polls to at or over 20%. In 89 seats – like Angela Rayner’s constituency - Reform is second place to Labour; in 9 other seats – like the former Tory stronghold of Brentwood and Ongar - they are second to the Conservatives. Farage faces the best of both worlds: a deeply unpopular incumbent government and an Opposition party that voters have lost trust in. Voters are also desperate for a plain speaker who says it how it is, even if they do not agree on every issue. That might go some way to explaining why Farage is now the most popular politician in Britain. Reform are arguably in the best position for a third-party force in British politics in decades. That is why I do believe it is possible Nigel Farage can become Prime Minister. But given the way our political system works, it is going to take two - or maybe even three elections - to get there, even with Musk’s cash. The reason why it is so difficult for Reform to make it into the government is the same reason that the Conservatives struggle to win with Reform doing well. It is hard to foresee Kemi Badenoch’s party winning a majority – just as it was for Rishi Sunak – with Reform above 10%. The same applies the other way round too. When both parties on the right are doing OK, but neither is doing amazingly, Labour sneaks in. Someone suggested to me the other day that if all three parties were on a similar footing come the election – say on 25% each in the polls – then Reform could squeak a win. But even if the three parties were tied nationally, few seats in our system look like the whole country. Instead, they skew either more Labour or more Conservative. In July’s election, only 6 of 650 seats were won by a party with a winning vote share under 30%. With right-wing voters split between Tories and Reform, it means opposition to Labour is fractured and – even if Tory and Reform votes exceed Labour’s – it is Starmer’s party that either holds or snatches the seat. Reform’s rise is also limited by the fact that voters are so used to the two main parties being the contenders for 10 Downing Street. That is why it took Labour so long to become a party of government in the early twentieth century. It took Labour 45 years to go from its first seats to a majority in the House of Commons. The same is likely to apply to Reform at the next election. They could do well and win up to 75 or so seats. But with the right divided, it is more likely we walk into another Labour government. In the coming years we may hear about a new divide in the Conservative and Reform parties: between those who are ‘pro-pact’ and those who are ‘anti-pact’. READ MORE SUN STORIES For now, I am in neither camp. But looking just at the numbers it is hard to refute the fact that the Tories’ and Reform’s best chance of power is by working together rather than apart.
Has any S&P 500 stock had a better year this year than Palantir Technologies ( PLTR -3.72% ) ? The stock is up a staggering 360% since the beginning of 2024 as I write this, producing outsize investment returns for virtually any portfolio it touches. I don't want to be a pessimist, but it could be time to share a cautionary tale about stocks that behave like this. Palantir has legitimate growth tailwinds in artificial intelligence (AI) , specifically its AIP platform for deploying AI applications in the government and private sectors. However, its fundamentals haven't kept up with the stock price. History doesn't always repeat itself, but you can learn from it. Microsoft ( MSFT -1.73% ) one of today's largest and most influential companies, experienced a similar situation over 20 years ago. Below, I'll explain what happened to the stock back then and why Palantir's similarities to Microsoft make it arguably the largest potential bust of 2025. Going back in time to the turn of the millennium You may have heard AI being called the most important technology since the internet's arrival in the late 1990s. That could be true. Yet the stock market tends to get ahead of itself. Excitement for the internet in the late 1990s fueled a stock market bubble that ultimately popped in early 2000. Microsoft became one of Wall Street's hottest stocks in the mid-1990s due to its successful Windows computer operating system software. The stock enjoyed a massive run that inflated its valuation to astronomical levels. At its peak, Microsoft stock traded at a price-to-sales (P/S) ratio over 31: MSFT PS Ratio data by YCharts It can be hard to appreciate valuations when they're just numbers on a chart. To be clear, paying 31 times a company's total revenue for its stock is expensive. Mathematically, an investor buying stock at that valuation waits 31 years for the company (not including revenue growth) to repay their investment with sales dollars. That's not profits, by the way -- it's sales! That's a terrible return on your investment; you're waiting many years to make your money back, even if the business is rapidly growing. Unfortunately, investors don't think about it in these terms when emotions like greed and euphoria run rampant. As you know, Microsoft grew back in the 1990s and became arguably the world's largest and most prominent technology company. But how did buying at the stock's peak valuation turn out? MSFT data by YCharts The stock collapsed due to its unrealistic valuation and took approximately 18 years to reach new highs. Again, Microsoft's business kept growing; its revenue increased by over 330% during those 18 years. Could Palantir be a worse bubble than Microsoft? It's hard not to see some similarities between Microsoft back then and Palantir today. Palantir's Artificial Intelligence Platform (AIP) has become arguably the leading software platform for deploying AI applications . However, similar to Microsoft years ago, the market's excitement has pushed the stock to unrealistic heights. Astonishingly, Palantir's P/S ratio has gone parabolic, rising to more than double Microsoft's peak in the late 1990s: PLTR PS Ratio data by YCharts Palantir will generate approximately $2.8 billion in revenue this year, and its market cap has reached $187 billion. This is worse (almost twice as expensive) than when zero-percent interest rates fueled a stock market bubble just a few years ago. Ultimately, nobody can time the market. Stock prices can do funny things for longer than you'd think. But the music will stop. It always does when valuations go parabolic. When the time comes, it's probably going to hurt. Investors buying into the parabolic upward momentum over these past couple of months could experience a long stretch of poor returns as the stock's valuation unwinds -- even as the business grows, much like Microsoft investors did. Given Palantir's nearly 400% returns in 2024, these circumstances make it a prime candidate to be the ultimate bust of 2025.
Lodi Memorial first hospital in San Joaquin County to acquire robotic surgical system
Sean Horrell walked into the woods holding a basket filled with hot meals, water bottles, juice boxes and snacks for a group of people living in a small London, Ont., homeless encampment. When he approached the camp, he was greeted by a brown dog that barked and wagged its tail. As Horrell called out names, four people left their makeshift shelters to grab the lunch he'd brought. It was a chilly day in late November, with thick clouds and a light drizzle making it feel even colder. "Do you have any winter clothes?" asked a woman in a black hoodie with "Good Vibes" written on it. Horrell responded with a smile, "Yes, you have to walk with me." Two men and a woman followed as he strolled through muddy leaves to a minivan in a nearby parking lot, where they tried on jackets, boots and socks. "On days like today, where it's raining or as the weather gets worse, it means so much more that we show up and we come to them," Horrell said. "Not only does it make them feel very valued but often if you're sick out here, that's when you need energy and a warm meal the most." As the province seeks to end homeless encampments in public spaces with tough new legislation, many Ontarians are divided over how the issue should be handled amid ongoing housing, addictions and mental-health crises. An unhoused person sleeps on a doorstep in this undated file photo (Daryl Newcombe/CTV News London) But Horrell and his team at 519Pursuit, a non-profit organization that helps homeless people in London, are determined to continue delivering hot meals and supplies five days a week to people living in tents. Horrell's routine is almost the same every day. In the morning, he drives to a storage building where 519Pursuit keeps donated items including sleeping bags, drinks, snacks and pet food. Then, he and a group of volunteers pack food and drinks in plastic bags before heading off in different directions to distribute help across the city. Premier Doug Ford's government recently introduced legislation to give more powers to police and municipalities to clear encampments out of public parks, a move critics say would further marginalize an already marginalized group. The bill aims to strengthen penalties for those who repeatedly break trespass laws and use illegal drugs in public, but it's unclear when that will take effect since the legislature won't return from its winter break until March 3. The Canadian Alliance to End Homelessness has called the pending legislation "ineffective, costly and cruel." "The only way to solve homelessness is with homes," it said in a news release. Tent encampment in Watson Park buried in snow after a storm, December 6, 2024 (Daryl Newcombe/CTV News London) Horrell said encampments should continue to exist as a "harm reduction" measure for now because there is no better solution available. "Encampments are necessary right now because the system itself is inundated, there aren't enough (shelter) beds," he said. "If it is a choice between having no space for people who are experiencing homelessness and having allocated spaces, I think it is an obvious choice." The premier also announced an additional $75.5 million funding toward homelessness prevention programs, including $50 million for affordable housing and $20 million to expand shelter capacity. Horrell said the issue has always been a "double-edged sword." While encampments provide homeless people with support and a sense of community, they also pose challenges for area residents and businesses, he said. As he spoke with The Canadian Press, Horrell was approached by a man walking his dog close to an encampment who said he enjoyed talking to a couple in one of the tents when dropping them food and supplies, calling both "good" people. But he also heard from an elderly woman who complained about her shoes being stolen from her property and quickly pointed finger at people in a nearby camp – who denied the accusation. Homeless encampment in London, Ont., on Feb. 1, 2022. (Daryl Newcombe/CTV London) That divide is reflected in a recent survey of opinions on the issue across the province. The Abacus Data survey, commissioned by the Canadian Alliance to End Homelessness, asked 1,500 adults about encampments and homelessness. It found that while an overwhelming majority in Ontario expressed some level of concern over encampments, a relatively low number of respondents favoured a heavy-handed approach to clear them. Although 65 per cent of respondents said they were concerned about encampments in their community, only 12 per cent supported stronger law enforcement measures. The Association of Municipalities of Ontario has estimated that there were at least 1,400 encampments in cities and towns across the province in 2023. The City of London said around 200 people currently live in 105 tents and another 100 individuals are completely unsheltered. Spokesperson Andrea Rosebrugh said the city's approach to encampments is reactive, meaning any removals are based on complaints and subsequent evaluation of the sites. She also said the city's 396 shelter spaces are always at capacity. Ark Aid Street Mission on Dundas Street in London, Ont., as seen on September 6, 2023. (Daryl Newcombe/CTV News London) "We continue to approach encampments in our city with compassion and a desire to support those who are living unsheltered," Rosebrugh said in a statement. In Canada's most populous city, there are around 450 tents across more than 100 parks, according to City of Toronto officials. Toronto Deputy Mayor Amber Morley said any efforts aimed at preventing the growth of encampments in public spaces are welcomed, but expressed concerns about the proposed provincial legislation. "I do think that we have to be really thoughtful and really considered in terms of the solutions that we're working together," she said, adding that pushing people out of their tents before providing them shelters will not resolve the problem. "There is the obvious question when we talk about clearing encampments ... where are we clearing the individuals within those encampments to go?" Morley said at a recent news conference about the city's shelter plans. "These are human beings and clearing people that are residents of our city for me is not a reasonable or respectful thing for us to be talking about." That question was also raised by Michelle Boissonneault, another outreach worker at 519Pursuit in London, who has struggled with addiction and homelessness in the past. Boissonneault said she started using drugs as a teenager and lived on the streets for years. "I never felt the need to take care of myself," she said. "I just didn't care, like my humanity had been absolutely ripped from me. I was an empty shell of a human being." Boissonneault said she has been sober for two and a half years and now lives in her own apartment. She visits local encampments three times a week to help those going through what she has personally experienced. Removing the camps will simply push people onto the streets, she said, which might make the situation even worse. Unhoused people in London's Old East Village, November 8, 2024 (Daryl Newcombe/CTV News London) Horrell said although his main job is to make sure people in encampments don't go hungry and have proper clothing to survive extreme weather conditions, he also connects them with shelter services and addiction counselling. He said what he does is emotionally exhausting. A woman he knew at an encampment took her own life a few years ago, he said, his voice disappearing into a sob. Two years ago, he and a few other outreach workers found the remains of a man who had died after using drugs alone in a tent. Despite the emotional toll, he said, he loves his job because it makes him "feel good." Those experiences and the fact that he himself is a recovered drug addict have taught him a lesson, Horrell said. "I can't save people, only people can save themselves, but in order to do that you've got to be cared for and you got to feel like you're worth fighting for." This report by The Canadian Press was first published Dec. 23, 2024. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. 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Lethbridge police arrest 3 people suspected of impaired driving Hundreds of drivers were stopped during the third week of Lethbridge's Check Stop campaign, an initiative that police say led to dozens of tickets and three arrests. Edmonton 'Serious safety issues': Edmonton building where security guard was killed evacuated An apartment building where a security guard was killed earlier this month has been evacuated. WEATHER | Josh Classen's forecast: Warm and melty again, but cloudy and breezy We should get back to some sunshine in the Edmonton area and across much of central and eastern Alberta for Christmas day. Norad crew waiting for Santa to fly over Canada as annual holiday track underway Departing from the North Pole while we were all sleeping, Santa Claus' journey around the world bringing presents and Christmas cheer for all of the good boys and girls who believe is underway. Regina 'A nice way to connect': Christmas card exchange between Sask. friends spans 60 years What started out as a little holiday fun between two Regina friends has turned into a tradition that now spans six decades. Dog lost in Saskatchewan during cross-country trip reunited with family A family moving from Ontario to Alberta in November had a scare when their family dog got loose during a stop in Dafoe, Sask. and ran away. More drivers opt for personalized plates in Sask. — and behind every one there's a story You may have noticed a few more vanity plates on Saskatchewan roads in recent years, and every one of them comes with a personal story. Saskatoon More drivers opt for personalized plates in Sask. — and behind every one there's a story You may have noticed a few more vanity plates on Saskatchewan roads in recent years, and every one of them comes with a personal story. 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Double rainbow lights up Vancouver skies Those in Vancouver dreaming of a white Christmas might be disappointed to learn there’s no snow in store this season, but the weather gods did offer something else over the weekend as consolation. Vancouver Island B.C. woman sentenced for impaired driving crash that killed retired Mountie A Vancouver Island woman who was high on drugs when she crashed a car into a pickup truck, killing a retired Mountie and injuring his two passengers, "did not realize what was happening and took no steps to avoid the accident" a B.C. Supreme Court judge found. 5 rescued after avalanche triggered north of Whistler, B.C. RCMP say Emergency crews and heli-skiing staff helped rescue five people who were caught up in a backcountry avalanche north of Whistler, B.C., on Monday morning. Cleanup underway after rockslide derails train in B.C. 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Jaylen Brown and the Boston Celtics will attempt to beat the visiting Indiana Pacers at home for the second time in three nights when the teams meet Sunday. Brown scored a season-high 44 points in Boston's 142-105 victory over Indiana on Friday. Brown also had four steals in the win and became the fourth player in franchise history to have at least 40 points and at least four steals in a regular-season game. The others are Larry Bird, Paul Pierce, Dee Brown and Antoine Walker. "People don't pay enough attention to (defense), but I feel like I'm one of the best two-way players in the world," Brown said. "I try to hang my hat on that side by doing different assignments, like picking up guys full court, chasing guys off screens, switching onto bigs. That takes a lot of energy." Brown's effort helped the Celtics end a two-game losing streak -- the first time they lost consecutive games this season. "What he is capable of doing, and at his size, you don't see many people picking up full-court like that, guarding the best guards in the world," Boston's Payton Pritchard said. "Usually somebody his size would guard a wing, but he's picking up the best point guards in the world full-court and then, like he said, scoring 25 (per game). "People don't really understand how difficult that really is. They overestimate what that takes. He should definitely be in the All-Defensive Team category because we give him the hardest assignments. It's an exhausting thing, and he's creating havoc and making things tough every night. So they definitely need to take notice." Defense was lacking from Indiana on Friday. The 142 points the Celtics scored are the most given up by the Pacers in a game this season. Boston shot 51.1 percent from the field, including 23 of 56 (41.1 percent) from 3-point range. The Pacers were also outrebounded 52-39. "I mean we didn't get any stops the whole night, and then offensively we didn't shoot the ball well," Indiana's Tyrese Haliburton said. "You give up (18) offensive rebounds and you don't shoot the ball well against Boston, that's what it's going to look like. We get to see them again Sunday. That's the best part about the NBA." The Pacers shot 41.8 percent from the floor and were 11 of 39 (28.2 percent) from 3-point range (28.2 percent). Haliburton led the way with 19 points and nine assists. Bennedict Mathurin added 18 points. Indiana was coming off Thursday's 120-114 loss to Oklahoma City that ended the team's five-game winning streak. "It's a tough situation coming in back-to-back, but it's the NBA schedule," Indiana head coach Rick Carlisle said. "There were so many problems out there (Friday). They cause major problems with their star players and shooting ability. "In the first half, the offensive rebounding was the biggest problem. Untimely, turnovers were a problem as well. They have a lot of underrated guys over there. This is not about excuses. We just have to play better. ... We're going to, obviously, have to be a lot better with everything on Sunday." Sunday's matchup will be the third and final game between the teams during the regular season. Indiana won the first meeting 135-132 in overtime on Oct. 30. --Field Level MediaRajasthan CM demands Cong's apology; Opposition seeks Amit Shah's dismissal
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Haynes' 18 help George Mason defeat Mount St. Mary's 64-56Richards' 17 help Chattanooga beat Bryant 84-76