Business

SoftBank Group nine-month net profit down nearly 70%

Major Japanese technology investor SoftBank Group said Wednesday its net profit plunged nearly 70 percent for the nine months to December as investments in sharing economy companies including WeWork and Uber took a hit.

Business

Qatar Airways reports $639-mn loss as boycott bites

Qatar Airways hit turbulence on Wednesday posting a net loss for the year to March 2019 of $639 million which the airline blamed on key markets closing their airspace to Doha.

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