Low-cost airline Norwegian Air Shuttle said on Thursday that rising fuel prices and the cost of replacing aircaft and opening up new routes pushed it into the red last year.
Business
Feb 15, 2018
0
13
Troubled Japanese conglomerate Toshiba said on Wednesday it would swing into the black for the full fiscal year as it completes the multi-billion-dollar sale of its chip business to restore its balance sheet.
Business
Feb 14, 2018
0
11
Chinese search engine giant Baidu will spin off its Netflix-like video arm iQiyi and list it in the US market, the company said in a statement that revealed its net profit grew only one percent during the fourth quarter.
Business
Feb 14, 2018
0
7
Japanese telecoms giant SoftBank on Wednesday said it had begun preparing to list its mobile unit in a move reports said could raise up to $18 billion, making it one of the country's biggest ever initial public offerings.
Business
Feb 7, 2018
0
9
Japanese car giant Toyota on Tuesday revised its earnings forecast, saying it expected to see a record annual net profit thanks to a weaker yen and US tax cuts.
Business
Feb 6, 2018
0
455
Honda Motor on Friday nearly doubled its annual net-profit forecasts, citing strong growth in the sales of its cars and motorcycles, as well as US corporate tax cuts.
Business
Feb 2, 2018
0
10
Mosquito nets distributed to combat malaria are often used for fishing instead, impacting fish populations and human health in developing countries.
Ecology
Feb 1, 2018
1
8
Nokia said Thursday that its net loss widened in 2017, but that underlying profits improved, enabling the Finnish mobile phone maker to raise its forecasts for the coming years as operators prepare to roll out new lightning-fast ...
Business
Feb 1, 2018
0
7
Swedish truck maker Volvo said Wednesday that its net profit sped ahead by 60 percent rise in 2017, as strong global demand for heavy goods vehicles drove up sales to a new record.
Business
Jan 31, 2018
0
5
Swedish telecoms giant Ericsson said Wednesday that it rang up huge losses last year as network competition, restructuring costs and investment in lightning-fast 5G technology pushed it deeply into the red.
Business
Jan 31, 2018
0
7
