Toshiba prepares for $14 bn deal to go private
Toshiba said a previously announced scheme to take the troubled Japanese conglomerate private in a deal worth around $14 billion will launch on Tuesday.
Aug 7, 2023
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7
Business
News tagged with net loss
Automotive
Brazil's Embraer to start building flying taxis
Brazilian aeronautics company Embraer and its urban mobility subsidiary Eve said Thursday they would build a factory near Sao Paulo to manufacture flying taxis that could take off as soon as 2026.
Jul 20, 2023
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26
Business
Ryanair flies back to profit as sector recovers from COVID
Irish no-frills airline Ryanair rebounded back into bumper annual net profits, boosted by a "strong" post-COVID recovery despite spiking costs, it said Monday.
May 22, 2023
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26
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
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6
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.
Jan 30, 2023
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10
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
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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
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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
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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
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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
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