SINGAPORE: SIA Group on Friday (Nov 6) reported a first half net loss of S$3.5 billion amid a “sharp drop” in passenger traffic as the COVID-19 pandemic continues. Passenger numbers fell by 98.9 per cent due to tight global border controls and travel restrictions, it said in a news release ......
The German government believes flag carrier airline Lufthansa could need more money next year, Der Spiegel magazine reported, citing an internal government document.
As the British and Australian central banks prepare to crank up their money-printing presses and the U.S. election outcome ups the pressure for more Federal Reserve action, one thing is clear - already-scarce government bonds will get harder to find.
Many of Europe's travel tech companies have suffered setbacks as the coronavirus pandemic has forced governments to restrict people's movements, but amid the carnage one German startup is pushing ahead with its growth plans.
The German government believes flag carrier airline Lufthansa could need more money next year, Der Spiegel magazine reported, citing an internal government document.
A gauge of Asian shares was set to cling to a near three-year peak while the dollar stayed sluggish on Friday as the prospect of a divided U.S. legislature dimmed the chance of major policy changes, lifting risk appetite.
In the quarter of a century since Sony launched the groundbreaking PlayStation, video games have exploded into the biggest form of entertainment in the world, and analysts say the growing diversity of billions of players is reshaping the industry.
The decision to suspend Ant Group's planned initial public offering in China was based on a comprehensive consideration about safeguarding the interests of financial consumers and investors, a senior central bank official said on Friday.
Many of Europe's travel tech companies have suffered setbacks as the coronavirus pandemic has forced governments to restrict people's movements, but amid the carnage one German startup is pushing ahead with its growth plans.
Tesla Inc Chief Executive Officer Elon Musk finally made good on his promise to sell "Tesla Tequila" - two years after teasing the effort in a tweet, and the US$250 bottle quickly flew off the virtual shelf.
