Archive for the February 25, 2019
-
Japan's SoftBank Group has provided nearly half of the cash for Abu Dhabi's state investor Mubadala Investment Co's new $400 million fund investing in European start-ups, a source familiar with the matter said. Mubadala, which
Read More -
Reinsurer Swiss Re on Thursday posted a 27.2 percent jump in 2018 net profit, despite claims from large-scale natural catastrophes and man-made disasters. Net profit for the full year came in at $421 million, compared
Read More -
Reinsurer Swiss Re on Thursday posted a 27.2 percent jump in 2018 net profit, despite claims from large-scale natural catastrophes and man-made disasters. Net profit for the full year came in at $421 million, compared
Read More -
Australia's Qantas Airways Ltd said on Thursday it expected a strong second half based on solid forward bookings and relief from high fuel prices which drove its first-half profit down 19 percent. The airline recovered
Read More -
Australia's Qantas Airways Ltd said on Thursday it expected a strong second half based on solid forward bookings and relief from high fuel prices which drove its first-half profit down 19 percent. The airline recovered
Read More -
A charmed life is one unaffected by the vicissitudes of modern existence. Take HSBC for example. Almost alone among battered European lenders, the London-listed bank's shares trade at a chunky 20 percent premium to its
Read More -
Malaysia's AirAsia X Bhd recorded its third consecutive quarterly loss on Thursday, dragged down by an impairment provision while rising fuel costs also dented its performance in the October-December period. The long-haul offshoot of Malaysia's
Read More -
Malaysia's AirAsia X Bhd recorded its third consecutive quarterly loss on Thursday, dragged down by an impairment provision while rising fuel costs also dented its performance in the October-December period. The long-haul offshoot of Malaysia's
Read More -
Air France-KLM pledged new efficiency gains to offset higher fuel costs this year, as the Franco-Dutch airline group deepens cooperation between its two main carriers. Presenting 2018 earnings for the group he joined in September,
Read More -
Nokia does not expect the possible exclusion of Chinese companies on security grounds to delay the rollout of next-generation 5G services in European markets, CEO Rajeev Suri told Reuters. Debate is raging in Europe over
Read More