Business

Emirates Air lost $1 billion, but that's an 80% improvement

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 ...

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.

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