(Reuters) – Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the…
Wynn resorts to open Gulf Arab’s first casino at Ras Al Khaimah resort
DUBAI (Reuters) – Hotel and casino operator Wynn Resorts will open a casino at the luxury resort it is building…
Apple supplier Foxconn adjusts production to avoid holiday blues
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) -Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to…
Asian airlines helped by pent-up demand but face cost pressures
By Chayut Setboonsarng BANGKOK (Reuters) -Asian airline travel should reach about two-thirds of pre-pandemic levels by the end of the…
Emirates airlines swings to H1 $1.09 billion profit on travel recovery
DUBAI (Reuters) – Dubai state-owned airline Emirates swung to a record profit of 4 billion dirhams ($1.09 billion) in the…
Apple supplier Foxconn records 5% rise in Q3 profit, sees flattish Q4
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) – Apple Inc supplier and iPhone assembler Foxconn said on Thursday it…
Disney sees biggest one-day loss in over two decades as streaming costs mount
By Eva Mathews (Reuters) -Shares in Walt Disney Co closed 13% lower, its biggest one-day loss since 2001, on Wednesday,…
Europe’s retailers strive to keep prices low to win struggling shoppers
By Richa Naidu LONDON (Reuters) – Some European retailers this week forecast or reported better full-year sales after working to…
Ahold turns to solar panels, lowers thermostats to save energy
By Richa Naidu and Toby Sterling LONDON (Reuters) – Supermarket group Ahold Delhaize is turning to renewable energy and lowering…
Disney shares drop as streaming costs drag on earnings
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co missed Wall Street earnings forecasts on Tuesday as the…