Japan Airlines forecasts over $2.3 bn annual net loss
Japan Airlines said Friday it had forecast an annual net loss of more than $2.3 billion after the coronavirus pandemic grounded air travel around the world.
Oct 30, 2020
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Business
Japan Airlines said Friday it had forecast an annual net loss of more than $2.3 billion after the coronavirus pandemic grounded air travel around the world.
Oct 30, 2020
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Business
Global airlines have revised traffic forecasts lower, sector federation IATA said Tuesday, warning that hundreds of thousands of jobs are at risk without more state aid.
Sep 29, 2020
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Business
The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the "twin shock" of the coronavirus pandemic and low oil prices.
Jul 13, 2020
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Business
Japan Airlines on Wednesday slashed its forecast for annual net profits by 43 percent because of the coronavirus, making it the latest carrier to fly into virus-related turbulence as global tourism plummets.
Apr 22, 2020
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Automotive
Crisis-hit Japanese automaker Nissan said Thursday its net profit plunged more than 87 percent for the nine months to December as it struggles with weak demand and fallout from the arrest of former boss Carlos Ghosn.
Feb 13, 2020
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Business
Japanese automaker Honda reported Friday a nearly 31% dive in its October-December profit as strong demand for its motorcycles failed to make up for falling vehicles sales.
Feb 7, 2020
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Business
Crisis-hit Japanese automaker Nissan Tuesday slashed its full-year forecast for both sales and profit as it struggles with weak demand in Japan, the US and Europe, as well as fallout from the arrest of former boss Carlos ...
Nov 12, 2019
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Business
Shares in Italian luxury sportscar maker Ferrari leapt ahead Monday after the company raised its 2019 targets and unveiled a partnership with Armani.
Nov 4, 2019
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Computer Sciences
This week at the International Conference on Data Mining, IBM Research-Ireland scientist Francesco Fusco demonstrated IBM Research Castor, a system for managing time series data and models at scale and on the cloud. Businesses ...
Nov 26, 2018
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