Business

Ryanair rebounds into profit as bookings soar

Ireland's Ryanair flew back into profit in the final three months of 2022 as travelers flocked to budget airlines during Europe's cost-of-living crisis.

Business

Philips cuts 6,000 jobs after sleep device recall

Embattled Dutch medical tech maker Philips said Monday that it would slash 6,000 more jobs worldwide in a bid to restore profitability after a massive recall of faulty sleep respirators.

Business

Boeing reports Q4 loss but reaffirms 2023 targets

Persistent supply chain woes and staffing issues led to another quarterly loss at Boeing, but the company on Wednesday confirmed its 2023 outlook amid strong aviation demand.

Business

United Airlines announces huge Boeing 787 order

United Airlines on Tuesday unveiled an order of 100 new Boeing 787 Dreamliners, with options for an additional 100 jets, as the company banks on rebounding demand for international travel following a years-long pandemic slowdown.

Energy & Green Tech

Cooling down solar cells, naturally

A bright, sunny, cloudless day might seem like the optimal setting for solar cells. But too much sun, and too much heat, can actually reduce the efficiency of photovoltaics.

Business

Baidu revenue up 2% amid cost-cutting drive

Chinese internet giant Baidu reported on Tuesday third-quarter revenues of 32.5 billion yuan ($4.6 billion), representing a year-on-year increase of 2 percent.

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Loss

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