Hong Kong's Cathay Pacific posts first operating profit since 2019
Hong Kong carrier Cathay Pacific on Wednesday reported its first annual operating profit since 2019 as it fights to return to pre-pandemic flight capacity.
Mar 8, 2023
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Business
Page 7 - News tagged with restrictions
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 ...
Aug 30, 2022
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Business
E-commerce giant JD.com posts slowest quarterly revenue growth
Chinese e-commerce giant JD.com reported its slowest revenue growth so far in the second quarter, the company said Tuesday, the latest in a series of gloomy numbers as China's economic growth slows.
Aug 23, 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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Business
Ryanair forecasts biggest ever loss on virus hit
Irish no-frills carrier Ryanair warned Monday that it will suffer a record annual loss of almost 1.0 billion euros ($1.2 billion) as the coronavirus pandemic ravages demand for air travel.
Feb 1, 2021
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Business
Unprecedented 66% drop in air passengers last year: IATA
Global air passenger traffic plunged by an unprecedented 66 percent in 2020 owing to travel restrictions imposed during the COVID-19 pandemic, an industry group said Wednesday.
Feb 3, 2021
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Business
COVID variants to slow air traffic recovery: IATA
Global air passenger traffic will recover more slowly than expected this year because coronavirus variants have created strong headwinds, an industry group warned Wednesday.
Feb 24, 2021
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Business
Air Canada's Q1 loss surpasses Can $1 bn
Air Canada on Monday announced a loss of more than Can $1 billion (US $710 million) in the first quarter as the coronavirus pandemic shut down air travel worldwide.
May 4, 2020
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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 5, 2022
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Business
Emirates airline on 'recovery path' as losses cut by half
Emirates airline said it was on the path to recovery from the Covid pandemic on Wednesday as six-month losses dropped by more than a half from a year earlier.
Nov 10, 2021
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