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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Business
Page 2 - News tagged with net loss
Business
EasyJet raises £419m via share placement
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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Business
Japan Airlines logs $2.6 billion loss over pandemic
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
Twitter posts $537 mn net loss over lawsuit payout
Twitter said Tuesday it had posted a $537 million net loss in the third quarter after settling a lawsuit alleging investors were misled about slowing user growth.
Oct 26, 2021
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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
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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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Business
'Blizzard' hits SoftBank with loss on sinking investments
Japan's SoftBank Group on Monday suffered its first quarterly net loss in 18 months as a China tech crackdown and other investment losses hit its Vision Fund portfolio.
Nov 8, 2021
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Business
Palantir to begin New York trading on September 30
Data analysis specialist Palantir announced on Tuesday it would begin trading on the New York Stock Exchange on September 30 in what could be one of the biggest market debuts since Uber.
Sep 23, 2020
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Business
Aeroflot logs heavy 2020 loss
Russia's flagship airline Aeroflot announced Wednesday heavy losses for 2020 as coronavirus-related restrictions grounded planes around the world.
Mar 10, 2021
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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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