Trade wars and protectionism are key risk factors to airline profits already weakened by rising oil prices, the International Air Transport Association said Monday.
Business
Jun 4, 2018
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Surging oil prices are forecast to dent airlines' profits and could significantly hurt their bottom lines next year, the boss of airline industry group IATA warned Thursday.
Business
May 31, 2018
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Indian carmaker Tata Motors on Wednesday reported a staggering 50 percent fall in quarterly net profit, blaming a huge one-off investment and a slowdown in sales.
Business
May 23, 2018
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Irish budget carrier Ryanair said Monday its net profit had risen 10 percent in 2017-2018 despite the cancellation of thousands of flights, but forecast a fall this year due to higher oil prices.
Business
May 21, 2018
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Finnish game maker Rovio's shares soared five percent Thursday after the company reported first-quarter results with net profit doubling and "record revenues" from its sequel game Angry Birds 2.
Business
May 17, 2018
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British telecoms giant Vodafone on Tuesday announced a return to annual profit, as it revealed that long-serving chief executive Vittorio Colao will step down later this year.
Business
May 15, 2018
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Struggling Japanese conglomerate Toshiba said Tuesday it had bounced back into the black after a disastrous year and will avoid a humiliating delisting from the Tokyo stock exchange.
Business
May 15, 2018
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Japanese car giant Nissan on Monday reported a record full-year net profit thanks to US tax cuts but warned about the outlook for the next 12 months owing to a strong yen.
Business
May 14, 2018
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Japanese electronics giant Panasonic on Thursday said its full-year net profit surged, helped by growth in its automative-related business.
Business
May 10, 2018
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Leading Middle East airline Emirates said on Wednesday its net profits had more than doubled last year, mainly on improved cargo business.
Business
May 9, 2018
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