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.
Jul 29, 2022
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Business
News tagged with restrictions
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.
May 26, 2022
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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 ...
May 18, 2022
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5
Business
Lufthansa optimistic for 2022 as tourist demand bounces back
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 05, 2022
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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.
May 02, 2022
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4
Business
Airbus posts record profit, eyes more deliveries in 2022
European aircraft giant Airbus posted record profits in 2021 after two years of losses as it cruises past the pandemic-induced crisis in the travel industry, company results showed Thursday.
Feb 17, 2022
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Peloton shares jump on reports of possible Amazon deal
Shares in at-home fitness company Peloton jumped Friday evening in extended trading on Wall Street amid reports of the company's potential takeover by e-commerce giant Amazon.
Feb 05, 2022
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Business
Ryanair slashes losses but Omicron hit winter bookings
Ryanair slashed losses in the final quarter of 2021 but the emergence of the Omicron variant cut into the normally busy winter holiday travel season, the no-frills airline said Monday.
Jan 31, 2022
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Energy & Green Tech
New study reveals how COVID shutdowns and restrictions affected countries' electricity use
A recent study from Oregon State University found that countries with stricter COVID-19 lockdowns and larger decreases in local travel early in the pandemic experienced steeper declines in electricity use than countries with ...
Jan 05, 2022
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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.
Dec 22, 2021
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