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The largest airline in Europe, Air France-KLM, published its report for 2018, according to which the French-Dutch company increased its net profit 2.5 times to 409 million euros. The annual growth rate was possible, despite the fact that the report for the fourth quarter showed a net loss of 218 million euros. Operating profit amounted to 1 billion 332 million euros, a decrease over the last year by a third. Revenue increased by 2.5%, amounting to 26.5 billion euros. The number of passengers transported by the company for the year reached a record of approximately 101.5 million people, an increase of 2.8%.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
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