Business

Airlines to return to profit in 2023: IATA

Airlines are expected to return to profit next year for the first time since 2019 despite slowing global growth as they recover from a COVID-induced crisis, an industry group said Tuesday.

Business

Baidu reports 5% year-on-year decrease in Q2 revenue

Chinese internet giant Baidu Inc. on Tuesday announced second-quarter revenues of 29.6 billion yuan ($4.3 billion), down five percent from last year after the company faced a challenging economic climate and tight controls ...

Business

US tech titans stumble after pandemic boom

Amazon and Apple were a relative bright spot in a week of otherwise lackluster earnings results for an industry reckoning with the end of heady pandemic-era growth.

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 ...

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