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.
Jan 30, 2023
0
10
Business
News tagged with net loss
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.
Jan 30, 2023
0
6
Business
EasyJet flies into third straight annual loss
British airline EasyJet on Tuesday confirmed a third annual loss in a row, which was however far less than during the worst of the COVID pandemic.
Nov 29, 2022
0
18
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.
Nov 22, 2022
0
14
Internet
Twitter: Influential network with a relatively limited audience
Purchased by Elon Musk for $44 billion, Twitter is popular with politicians, journalists and celebrities, but the social media giant draws a smaller user base than some competitors, including Facebook.
Oct 28, 2022
0
8
Business
Airlines giant IAG revenue back at pre-pandemic level
IAG, owner of British Airways and Spanish carrier Iberia, revealed Friday revenue slightly above pre-pandemic levels as it posted third-quarter profits on rebounding passenger demand.
Oct 28, 2022
0
4
Business
Uber reports loss, but beats income expectations
Uber reported better-than-expected revenue on Tuesday, fueled by strong demand for the San Francisco-based company's ride-hailing and food delivery services that sent its shares upward.
Aug 2, 2022
0
8
Business
Japan's top airline ANA reports first net profit in 10 quarters
Japan's biggest airline ANA on Monday posted a quarterly net profit for the first time in two and a half years as the sector recovers from the financial pain of the pandemic.
Aug 1, 2022
0
3
Business
Spotify losses widen as costs and subscribers increase
The world's most popular streaming service Spotify on Wednesday recorded wider losses on rising costs even though subscriber numbers beat expectations in the second quarter.
Jul 27, 2022
0
6
Business
SoftBank reports record loss as tech shares tank
Japanese investment giant SoftBank Group on Thursday logged a record annual net loss after a bruising year that saw its assets hit by a US tech share rout and a regulatory crackdown in China.
May 12, 2022
0
4
