Business
Qatar Airways, one of the Mideast's largest carriers known for on-board comfort and luxury, said Thursday its profits over the past fiscal year topped $1.5 billion, marking the highest ever earnings for the state-owned carrier ...
Jun 16, 2022
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Business
Indian hotel giant Oyo said Tuesday it is cutting 1,000 employees, or 10 percent of its local staff, as it battles multiple allegations including bribery and pressure from Japanese backer SoftBank to cut costs.
Jan 14, 2020
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Business
Profits for Indian software giant TCS were up 8.7 percent on-year in the September quarter thanks to robust growth in emerging markets and client loyalty, the company announced Wednesday.
Oct 11, 2023
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Business
Emirates and Etihad, two of the Middle East's biggest airlines, said Tuesday they would be among the first companies to test an application that allows pre-travel verification of coronavirus tests and vaccinations.
Jan 19, 2021
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Business
Abu Dhabi's Etihad carrier announced on Tuesday a whopping $478 million loss for 2021, a figure that underscores the continued challenge airlines around the world face as travelers slowly return to the skies amid COVID-19 ...
Mar 1, 2022
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Business
The Middle East's largest airline, Emirates, announced on Tuesday a net loss of $5.5 billion over the past year as revenue fell by more than 66% due to global travel restrictions sparked by the coronavirus pandemic.
Jun 15, 2021
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Automotive
Italian luxury carmaker Ferrari raised its financial targets for the year Thursday to eye sales of 5.9 billion euros ($6.3 billion) after another "record quarter".
Nov 2, 2023
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Business
Takeaway meals app Deliveroo slashed losses last year on booming demand from locked-down customers during the pandemic, it reported Monday ahead of a London stock market float planned for April.
Mar 8, 2021
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Business
Saudi Arabia, the new home of some of soccer's biggest stars and a co-owner of professional golf, is proving to be no less ambitious when it comes to another global pastime—the $180 billion-a-year video game industry.
Jul 26, 2023
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Business
For many, gaming is a waste of time. Hours lost staring at glowing screens. But Jordan is betting on its youth to capture a slice of a lucrative global market.
Nov 15, 2023
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