Business

Alibaba profit slumps nearly 60% as tech crackdown, Covid bite

Chinese e-commerce giant Alibaba said Thursday its profit fell 59 percent in the last fiscal year, joining other tech firms that reported lacklustre results while grappling with COVID-19 restrictions and a sector crackdown.

Computer Sciences

Cryptography in the blockchain era

The advent of blockchains has ignited much excitement, not only for their realization of novel financial instruments, but also for offering alternative solutions to classical problems in fault-tolerant distributed computing ...

Business

The longest non-stop flights in the world

Qantas has revealed plans for the world's longest-duration commercial flight by the end of 2025, ferrying passengers between Sydney and London on Airbus A350s in just over 19 hours.

Business

Ryanair doubles annual loss forecast on Omicron

Low-cost airline Ryanair said Wednesday that the Omicron coronavirus variant would have a strong impact on its financial performance as it more than doubled the forecast for its annual loss and cut back flights.

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