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lliance on international disaster risk reduction, which included around 30 institution
s and universities from countries including Italy, Belgium, Nepal, Pakistan and Sri Lanka.
The alliance will serve as a new platform for international coordinati
on and provide scientific support for disaster relief and sustainable development.
The conference was co-hosted by the Chinese Academy of Sciences, the China Association for Science and Technology, the U
nited Nations Environment Program, the UN Office for Disaster Risk Reduction and the Alliance of Int
ernational Science Organizations, a group created to connect the scientific communities of BRI participants.
Bai Chunli, president of the academy, said in the conference’s opening ceremony on Saturday that areas along the Si
lk Road are prone to various natural disasters that have resulted in massive loss of life and economic damage.
ions of a culture of sexism and bullying at Uber and US Department of Justice investigations. After a series of embarrassments, Kalanick was forced to res
ign in 2017 by a group of investors. Uber then hired Khosrowshahi to lead the company.
Uber has said it has the potential to grow not just in the cab hailing business, but also as a “sup
erapp” to provide logistic services, such as grocery and food delivery, organizing freight tra
nsportation, and even financial services, much like Grab, its Southeast Asian counterpart.
But market experts have struggled to find value in a company that has consistently posted los
ses, and warned that it may never be profitable. “The business is unprofitable, new entrants can enter the ma
rket, there is potential regulatory risk, and it is very price sensitive. What is there to like about this opportunity?” Ro
bert Johnson, professor of finance at Heider College of Business, Creighton University in Omaha, Nebraska said.
More than 2.5 million tourists visited West Lake in Zhejiang province over the May Day holiday.
What caught the attention of many of them was the presence of a team of eight intern
ational students, all wearing yellow vests and Bluetooth headsets, and riding electric scooters.
The eight were studying in Hangzhou, Zhejiang’s provincial capital. They are the first internatio
nal volunteer team serving at the famous spot, which was listed as a UNESCO World Heritage Site in 2011.
The foreign volunteers are from India, Mongolia, Banglade
sh, Indonesia, Democratic Republic of Congo, Ethiopia, Tanzania and Yemen.
“As Hangzhou is seeing an increasing number of individual travelers from abroad followin
g the 2016 G20 Summit … we have been considering how to diversify our volunteer forces during h
olidays and peak seasons for years,” said Liu Jian, director of the volunteer program.
JD Logistic, the logistics arm of the Beijing-based tech heavyweight JD
.com, will cancel the basic salary for delivery staff , CEO and Chairman Liu Qiangdong said i
n response to arguments on the company’s salary adjustments in an internal email sent on Monday.
JD Logistics lost over 2.3 billion yuan ($342.9 million) in 2018, its 12th consecut
ive year to lose money. If the situation continues, Liu said, the company would only last for two more years.
If internal settlements are deducted, JD Logistics lost more than 2.8 billion yuan last year.
The main reasons for the loss are few external delivery orders and high internal costs, Liu said.
The company has only two choices, according to Liu: one, increase external delivery orders to promote external inco
me growth; the other, reduce staff members’ well-being to the level of other express companies.
Reducing fund ratios to average levels and canceling the basic salary a
ims to encourage couriers to get more external delivery orders and increase revenue.