Business

Tencent profits up as gamers stay home but WeChat ban looms

Chinese tech firm Tencent, the parent company of social media giant WeChat, said Wednesday its revenue jumped 28 percent in the first half of this year as the coronavirus pandemic kept people glued to their screens.

Business

Global watchdog proposes tax overhaul for Big Tech

A global economic watchdog on Monday proposed an overhaul of international tax rules to make sure big tech companies pay their dues, and warned that failure to adopt it would make the economic recovery from COVID-19 harder.

Business

EasyJet flies into first annual loss

EasyJet expects a pre-tax loss of up to £845 million for its fiscal year just ended as coronavirus travel restrictions slam passenger demand, the British no-frills airline said Thursday.

Business

Emirates set for Boeing talks on 777X delays: CEO

Emirates Airline will hold talks with US aviation giant Boeing over the delayed 777X "before and during" this month's Dubai Air Show, the company's chief executive said on Monday.

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