Business
One of the world's biggest airlines and the Mideast's top carrier, Emirates Air, said Friday it lost $1.1 billion over the past fiscal year, but that figure still marks an 80% improvement from the year before. The airline ...
May 13, 2022
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35
Business
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
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4
Energy & Green Tech
Electricity prices in the short-term ("spot") wholesale markets in Australia are surging again.
May 11, 2022
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4
Automotive
Toyota on Wednesday posted a record full-year net profit helped by strong sales and a cheaper yen, but issued cautious forecasts as the pandemic and the war in Ukraine disrupt supply chains.
May 11, 2022
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11
Business
The war in Ukraine and the resulting European sanctions on Russia have dramatically affected energy and commodity prices. The combination of supply uncertainty, expensive energy, and rising material costs has added urgency ...
May 5, 2022
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6
Business
German national carrier Lufthansa on Thursday said it slashed its losses in the first quarter and set its sights on a record summer for tourist traffic as demand recovers from the pandemic.
May 5, 2022
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0
Business
Uber shares skidded Wednesday after the company said it was hit with a big loss in the first three months of this year despite a rebound in its ride-share business.
May 4, 2022
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12
Automotive
Ford confirmed its 2022 profit outlook Wednesday despite lower quarterly auto sales as strong vehicle pricing offsets the hit from higher operating costs and the ongoing semiconductor chip shortage.
Apr 28, 2022
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16
Business
Dallas-based Texas Instruments said COVID-related lockdown policies in China will cause the semiconductor chipmaker's revenue to take a 10% hit this spring.
Apr 27, 2022
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11
Business
Google's corporate parent on Tuesday posted its slowest quarterly revenue growth since 2020, the latest sign that the huge gains enjoyed by technology companies during the pandemic are fading into the rear-view mirror.
Apr 27, 2022
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16
