Funding & Business
Delivery Driver’s Death Unleashes Fury Against Indonesia Elites
Caught up in a crowd of protesters while delivering food in Indonesia’s capital on Thursday night, Affan Kurniawan dropped his mobile phone and knelt down to pick it up.
At that moment an armored police vehicle slammed into the 21-year-old motorcycle taxi driver, pinning him under its front tires. As a crowd descended on the vehicle, the police officer hit the accelerator and ran over his body. Affan was rushed to a Jakarta hospital but didn’t survive.
Even as the Federal Reserve meeting and $5 trillion quarterly triple-witching options expiry loom over the equity market, volatility traders are also circling the upcoming jobs data on their calendars.
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From airline tickets to burgers, from groceries to gig work — technology now allows companies to change prices in real time, sometimes a hundred times a day, as grocery chain REMA 1000 in Norway does. Advocates say it maximizes efficiency and sometimes even helps consumers. Critics argue it can gouge buyers and underpay workers. The concept of prices as moving targets has been polarizing, but perception and timing play important roles in determining the winners and losers of dynamic pricing. (Source: Bloomberg)
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US Deputy Secretary of State Christopher Landau on Sunday expressed regret over the recent detention of hundreds of South Korean workers in Georgia.
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