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Search Result for “Coronavirus”

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BUSINESS

Paris Air Show back with climate, defence in focus

AFP, Published on 19/06/2023

» PARIS - The Paris Air Show opens Monday after a four-year break with the aerospace industry bouncing back from the Covid-19 pandemic but under pressure to slash its carbon footprint.

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BUSINESS

German recession fears rise as factory orders plummet

AFP, Published on 05/05/2023

» FRANKFURT: Industrial orders at German factories saw their biggest fall in March since the outbreak of the Covid pandemic in 2020, data showed Friday, the latest sign that Europe's biggest economy is facing a steep downturn.

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BUSINESS

Saudi Aramco reports 'record' $161 billion profit for 2022

AFP, Published on 12/03/2023

» RIYADH - Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning about the ravages of climate change.

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BUSINESS

Hong Kong unveils US$97bn recovery budget

AFP, Published on 22/02/2023

» HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.

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BUSINESS

Macau ponders future even as tourists and gamblers return

AFP, Published on 23/01/2023

» MACAU: Macau's streets were packed in the run-up to the Lunar New Year after pandemic controls were abruptly lifted but it is far from business as usual as the Chinese casino hub wrestles with questions about its future.

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BUSINESS

Netflix soars to 230 million subscribers, co-founder steps down

AFP, Published on 20/01/2023

» SAN FRANCISCO: US streaming giant Netflix ended last year with more than 230 million global subscribers, it said Thursday, beating analysts' expectations as hits such as "Wednesday" and "Harry & Meghan" enticed new viewers.

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BUSINESS

Staff shortages dent Hong Kong air hub hopes

AFP, Published on 18/01/2023

» HONG KONG: Regional airlines are struggling to ramp up flights to Hong Kong because of staff shortages at the airport, slowing the city's plan to recapture its travel hub status, industry insiders have told AFP.

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BUSINESS

China's economy grows at slowest pace in decades

AFP, Published on 17/01/2023

» BEIJING: China's economy grew last year at its slowest pace in four decades as it was hammered by Covid-19 lockdowns and a property crisis but the forecast-beating reading raised hopes for a strong recovery as it reopens.

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BUSINESS

HSBC shuts more UK branches as banking goes online

AFP, Published on 30/11/2022

» LONDON: HSBC on Wednesday announced plans to permanently shut more than a quarter of its remaining bank branches in the UK as customers increasingly switch to making transactions online.

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BUSINESS

Markets rattled by fears of fresh Covid curbs in China

AFP, Published on 21/11/2022

» LONDON: Asian and European stocks mostly fell Monday, with investor sentiment hit by renewed Covid concerns in China amid warnings that markets would remain lacklustre for some time.