1. Health Ministry issues fresh guidelines for discharging COVID-19 patients  Telangana Today
2. Coronavirus pandemic | Centre tweaks criteria for discharge of COVID-19 patients  Moneycontrol
3. Blood thinners may boost survival rates of Covid-infected patients: Study  ETHealthworld.com
4. Coronavirus blood-clot mystery intensifies  Nature.com
5. Could Blood Thinners Be Crucial For Patients With COVID-19 Related Clots?  Forbes
6. View Full coverage on Google News

ICMR teams up with Bharat Biotech to develop Covid-19 vaccine  Times of IndiaView Full coverage on Google News

1. ICICI Bank Q4: All eyes on what COVID-19 does to the economy  Moneycontrol.com
2. ICICI Bank Q4 net rises 26% to ₹1,221 crore  The Hindu
3. ICICI Bank Q4 net up 26% at ₹1,221 cr but misses estimates on virus provisions  Livemint
4. ICICI Bank Q4 profit grows by 26%, misses estimates on COVID-19 provisions; NPAs dip  Moneycontrol.com
5. ICICI Bank classifies Singapore based Hin Leon as NPA  FUTURE TV
6. View Full coverage on Google News

Union Health Ministry issues fresh guidelines for discharging COVID-19 patients  Mumbai Mirror

Two Indians flown back from Gulf to Kerala test Covid-19 positive  Hindustan TimesView Full coverage on Google News

RCMP in Saskatchewan dealt with a total of 104 complaints related to COVID-19 public health orders from May 1 to May 7.

Physical distancing measures are working in southern Saskatchewan. There has been one new case in Regina in the past ten days and the South region hasn’t seen a new case since April 5.

As COVID-19 continues to shut down sporting events across the globe, a former Roughriders’ CEO says it could be the greatest threat the CFL has ever faced.

Saskatchewan is reporting 13 new confirmed COVID-19 cases, bringing the province’s total to 544.

A personal support worker at Madonna Care Community who died of COVID-19 is being remembered as a hard worker who took great pride in those he cared for.

Medical Officer of Health Dr. Vera Etches says hospital staff are providing support to long-term care homes hardest hit by the COVID-19 pandemic.

Seven more Ottawa residents have died due to COVID-19, while the number of confirmed cases of the virus has surpassed 1,600.

The City of Ottawa is reporting the first death of a resident of a city-run long-term care home due to COVID-19.

For the first time in six weeks, Gatineau Park is open to the public during the COVID-19 pandemic.

Big fan-culture events in Florida and California have just been postponed. May's Awesome Con D.C. takes a wait-and-see approach.

Symbolism, face masks and the Grim Reaper abound.

New York humorist Jason Chatfield chronicled his experience with the illness, from symptoms to recovery.

A Nigerian court sentenced a man to death in the country's first ever virtual ruling during a five-week coronavirus lockdown.

If Belarus was already in the grip of a public health crisis, its president looks hell-bent on turning COVID-19 into a catastrophe for the country.

• While ride-hailing has suffered from the impact of COVID-19, Uber is in a good position to survive the crisis, three analysts who cover the company told Business Insider.
• Uber is in no danger of running of out money anytime soon, said Mark Mahaney, a managing director at RBC Capital Markets.
• And a series of cost-cutting moves should make the company profitable by next year, said Dan Ives, a managing director of equity research at Wedbush Securities.
• Uber's food-delivery service, Uber Eats, gives the company an advantage over ride-hailing competitors, since it allows homebound consumers to keep using its app, said Tom White, a senior research analyst at DA Davidson.
• Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com. You can also reach out on Signal at 646-768-4712 or email this reporter's encrypted address at mmatousek@protonmail.com.
• Visit Business Insider's homepage for more stories.

The ride-hailing industry has taken a major hit from COVID-19 as potential customers remain confined to their homes, but Uber is in a good position to survive the crisis, three analysts who cover the company said.

"Their business model will be intact on the other side of this," said Dan Ives, a managing director of equity research at Wedbush Securities.

A strong cash reserve will help. After ending the first quarter with $9 billion in cash and short-term investments, Uber has the resources to survive a scenario in which the prevalence of COVID-19 and its effect on consumer behavior last for the next two years, said Mark Mahaney, a managing director at RBC Capital Markets.

On Thursday, Uber disclosed its first-quarter financial results, reporting an adjusted loss of $2.9 billion on revenue of $3.5 billion during the first three months of this year. Uber CEO Dara Khosrowshahi said on a call with analysts that the ride-hailing company would cut $1 billion in fixed costs. The company has recently removed its food-delivery service — Uber Eats — from eight unprofitable markets, folded its electric bike and scooter business into Lime (Uber recently led a $170 million investment round in the company), and announced it will lay off about 14% of its workforce.

Those moves should help Uber become profitable in 2021 (the company predicted in February that it would turn a profit by the end of this year), Ives said. Uber's management, which had struggled in the wake of the company's 2019 IPO, has performed well in the current crisis by being transparent with investors and quickly moving to reduce expenses, Ives said. Investors signaled their approval of the company's strategy by sending shares up as much as 8% in after-hours trading on Thursday.

Uber Eats was one of the highlights of the company's first-quarter results, said Tom White, a senior research analyst at DA Davidson, as gross bookings grew 52% from the first quarter of 2019 to $4.7 billion. Eats gives Uber an advantage over ride-hailing competitors that don't have a similar service, as it allows the company to keep homebound consumers using its app, White said. Even after the toll of COVID-19 begins to subside, demand for online food delivery could see continued growth, he added.

But there are still challenges ahead for Uber. The company said rides fell by as much as 80% in April, and Ives projects that 30% of the customers for gig-economy companies like Uber, Airbnb, and Lyft won't use a ride-hailing service until there's a vaccine for COVID-19. Yet the pandemic could leave Uber better off in the long run, White said.

"I saw and heard enough [during Uber's first-quarter earnings call] that makes it harder and harder for me to think that these guys don't emerge from this pandemic probably in a stronger competitive position and a healthier and leaner operating position," he said.

Are you a current or former Uber employee? Do you have an opinion about what it's like to work there? Contact this reporter at mmatousek@businessinsider.com. You can also reach out on Signal at 646-768-4712 or email this reporter's encrypted address at mmatousek@protonmail.com.

• Read more:
• Uber CEO Dara Khosrowshahi says drivers should receive tiered healthcare benefits based on how many hours they work, and that the company would pay for it
• SoftBank-backed companies laid off more than 3,700 people in 2020 and more than 7,000 in the past year
• Uber reveals first-quarter losses of $2.9 billion because of the coronavirus — but says business is starting to pick up again
• Lyft surges 17% after posting a narrower-than-expected quarterly loss as coronavirus hit the ride-hailing industry

SEE ALSO: Elon Musk's theater of the absurd is a sign of the times for tech

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Archaic computer technology is hampering the effort to combat the effects of covid-19 in the United States.

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The companies are part of a shift toward deeper integration between online and offline operations.

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Here are the latest developments in the coronavirus crisis.

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The US leads the world in terms of number of positive coronavirus cases, with a total of more than 1.2 million.

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The US vice president's spokesperson became the second White House staffer this week to test positive for the coronavirus.

Seventeen more Covid-19-related deaths have been recorded in the country, bringing the number to 178, while the biggest one-day spike in new cases hit 663.

While at least 19 000 inmates inside South Africa's prisons will be eligible for special parole to curb the spread of Covid-19, those sentenced for a range of serious crimes will not make the cut.

The body of an elderly woman, who died of Covid-19, has been lying at a funeral parlour since Monday because her family, who are in another province, cannot get the necessary documents from closed Home Affairs branches in order to travel.

You can listen to this version of the 'world's most joyous song' here.

Ciara offers pregnancy advice to expecting moms during the Covid-19 pandemic

South Africa's film and TV industry got the green-light to reopen but as cameras start rolling and lights flicker back on it won't be business as usual.

South Africa's broadcasting regulator has approved an application from the SABC for its annual local TV content quotas to be waived because of the Covid-19 coronavirus pandemic.

Five new Covid-19 cases have been recorded among prison inmates and three Department of Correctional Services officials have recovered.

Netcare St Augustine's and Netcare Kingsway hospitals have been given the green light to reopen.

South Africa's net death rate has decreased amid the Covid-19 pandemic over the past five weeks, despite the 186 deaths thus far, Health Minister Zweli Mkhize says.

The Western Cape remains the epicentre of the Covid-19 pandemic in the country, with 4 809 cases, Health Minister Zweli Mkhize says.

Stay up to date with the latest news, views and analysis as the number of coronavirus cases in SA increases.

Cosatu in the Western Cape says that it is deeply concerned over the "alarming rate on increase" in Covid-19 infections in the province.

South Africans would do well to verify information which they receive through social media channels, and avoid re-posting or forwarding information which they have not properly verified.

“In a COVID world, bluntly, it didn’t make sense to continue that pilot,” Realogy’s CEO said during its earnings call Thursday.

Imam Shaker Elsayed offered an explanation for the coronavirus pandemic that is not surprising considering the source: He blamed the Jews. The controversial imam didn’t stop there during his sermon at the Dar Al-Hijrah Islamic Center last month. The Falls Church, Virginia, mosque has a history of ties to terrorism, according to the New York…

The post Virginia Imam: Allah Used COVID-19 To Punish Jews appeared first on The Western Journal.