Business
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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11
Business
The German government said Monday it will sell part of the 20 percent stake it took last year in Lufthansa to prop up the airline group during the coronavirus pandemic.
Aug 16, 2021
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5
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 5, 2022
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13
Computer Sciences
Air traffic is a significant and complex problem. Near misses between passenger planes on runways have been making headlines lately and raising safety concerns as airports try to accommodate more travelers in the wake of ...
Mar 28, 2023
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34
Business
Some 4,000 British Airways workers are learning Friday whether they will be fired as the airline slashes jobs amid the drop in demand and travel restrictions stemming from the COVID-19 pandemic.
Aug 7, 2020
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4
Business
European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.
Jun 30, 2020
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9
Internet
China's internet watchdog has laid out regulations to curb the amount of time children spend on their smartphones, in the latest blow to firms such as Tencent and ByteDance, which run social media platforms and online games.
Aug 3, 2023
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1
Spanish airline Iberia said Thursday it plans to resume some short- and medium-haul services in July for the first time since the country grounded air services in March as part of its coronavirus lockdown.
May 28, 2020
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5
Business
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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16
Business
The coronavirus pandemic could spell "apocalypse" in the airline industry without urgent government aid, the global aviation association said Tuesday, warning that carriers could lose more than $250 billion in revenues this ...
Mar 24, 2020
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4
