Business
Crisis-hit Japanese automaker Nissan warned on Tuesday of a massive $6.4 billion net loss for the current fiscal year as it reels from the impact of the coronavirus pandemic.
Jul 28, 2020
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Business
Japan Airlines said Friday it had forecast an annual net loss of more than $2.3 billion after the coronavirus pandemic grounded air travel around the world.
Oct 30, 2020
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Business
Singapore Airlines on Friday reported a record net loss for its fiscal second quarter as the carrier continued to reel from the impact of the coronavirus pandemic on global air travel.
Nov 6, 2020
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Business
Air traffic volume to and from Paris could take up to seven years to recover from the coronavirus impact, the CEO of the French capital's airports said Monday.
Jul 27, 2020
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Data analysis specialist Palantir on Tuesday laid out plans to directly list shares on the New York Stock Exchange, shunning the typical tactic of going public by issuing new stock.
Aug 26, 2020
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Business
Japan Airlines posted an annual net loss of $2.6 billion Friday but did not release a forecast for the current financial year, citing uncertainty around the coronavirus pandemic.
May 7, 2021
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Business
IAG, the owner of British Airways and Spanish carrier Iberia, dived into a net loss of 1.76 billion euros ($2.1 billion) in the third quarter on coronavirus fallout, it said Friday.
Oct 30, 2020
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Business
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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Business
Irish no-frills airline Ryanair on Monday announced a widening of losses in its first quarter, hit by COVID travel restrictions in Europe.
Jul 26, 2021
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Business
British low-cost airline EasyJet, blighted by the coronavirus fallout, said Thursday it has raised £419 million ($523 million, 463 million euros) via a share placing as it tries to cope with disappearing demand for air travel.
Jun 25, 2020
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