Business

Foxconn to ease COVID-19 curbs in Chinese iPhone factory

The company that assembles Apple Inc.'s iPhones has announced it is easing COVID-19 restrictions at its largest factory in China that led thousands of workers to quit and drastically slowed production.

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

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.

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.

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