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Keywords: Business
Korean Air reported a sharp decline in second-quarter operating profit as higher fuel costs weighed on earnings, even as the airline posted its highest-ever revenue for a second quarter thanks to robust passenger demand and a booming cargo business. The South Korean flag carrier said strong inbound......
The German Chamber of Commerce and Industry in Morocco (AHK Morocco) has appointed Silke Kunstreich as its new Managing Director, bringing extensive international experience in business development, marketing and strategic communications to one of the leading institutions promoting German-Moroccan economic......
The FIFA World Cup 2026 is becoming a collector’s item in more ways than one. The international football governing body has begun selling small pieces of the pitch from the MetLife Stadium in New York, the venue that will host the tournament final on July 19, offering fans the chance to own a physical......
Canadian businesses have become more optimistic about the inflation outlook following the easing of tensions in the Middle East, according to the latest Bank of Canada (BoC) business surveys, suggesting that geopolitical developments have helped reduce concerns over rising costs and economic uncertainty. The......
India’s Titan Company reported a 41% year-on-year increase in its consumer business during the first quarter of the financial year, supported by strong festival-driven demand that fueled sales in its flagship jewelry division. The company said growth for the three months ending June 30 was primarily......
BP’s interim chairman Ian Tyler is reportedly interested in taking on the role permanently following the departure of his predecessor, according to a report by Sky News. The development comes after BP removed former chairman Albert Manifold from the position in May, less than eight months after......
German automotive supplier Continental AG has agreed to sell its ContiTech division to private equity firm Lone Star Funds in a transaction valued at approximately €4.6 billion, marking a major step in the group’s strategy to refocus on its core tyre business. The deal underscores ongoing......
A Virginia-based mental health startup has highlighted how artificial intelligence is increasingly shaping entrepreneurship, after using AI tools to move from an initial concept to a multi-state healthcare provider in just over a year. The company, Here Now Health, has grown from a home-based idea into......
Britain's services sector contracted for a second consecutive month in June, with business activity falling at its fastest pace since early 2023 as the economic effects of the conflict involving Iran continued to weigh on companies. The latest S&P Global Services Purchasing Managers' Index......