Keywords: Revenue


Vienna raises tourist tax to support premium travel experience amid record visitor numbers

The Austrian capital Vienna is preparing to significantly increase its tourist tax as it seeks to maintain the high standards of cleanliness, safety and comfort that have helped establish the city as a leading destination for premium tourism. The decision comes after a record year for visitor numbers,......

Foxconn posts strong second-quarter revenue growth on AI demand, warns of geopolitical risks

Taiwanese electronics manufacturer Foxconn reported a stronger-than-expected surge in second-quarter revenue, driven by booming demand for artificial intelligence infrastructure, while cautioning that geopolitical uncertainty could weigh on future business conditions. The company, the world's largest......

Russia Ranks Fourth Among Top Tourist Markets For Thailand In Early 2026

Russia has ranked fourth globally in terms of tourist arrivals to Thailand during the first half of 2026, according to data released by the Thai Ministry of Tourism and Sports. Between January 1 and June 20, Thailand welcomed more than 15.4 million international visitors, generating approximately 745......

Accenture expands cybersecurity portfolio with $4.18 billion acquisition deal

Global consultancy giant Accenture has announced a major expansion of its cybersecurity capabilities through a $4.18 billion deal involving the acquisition of leading security firms Dragos, runZero, and NetRise. Under the agreement, Accenture will take a majority stake in Dragos, a company known for......

Daimler Truck launches defence brand backed by major investment push

Daimler Truck has announced the creation of a dedicated defence business unit as part of a broader strategy to expand its role in the military and security vehicle sector, supported by a substantial multi-million-euro investment program. The German manufacturer confirmed that its global defence-related......

Musk predicts SpaceX could surpass $1 trillion in annual revenue by 2030

Elon Musk has expressed confidence in the future growth of SpaceX, stating that the aerospace company could generate more than $1 trillion in annual revenue by the beginning of the next decade. The prediction comes shortly after the company’s highly anticipated stock market debut, which valued......

Morocco ranks 22nd globally with record tourist arrivals

Morocco reached 22nd place worldwide in international tourist arrivals in 2025 after receiving 19.8 million visitors. The figures mark one of the strongest performances in the country’s tourism history and place it among the fastest advancing destinations globally. The country moved up three positions......

Iraq warns of financial catastrophe as oil revenues collapse amid Iran conflict

Iraq has issued a stark warning over its economic stability as oil revenues fall sharply during the ongoing regional conflict involving Iran. Foreign minister Fuad Hussein said the country could face a financial catastrophe if disruptions in the Strait of Hormuz persist due to military escalation involving......

Morocco tourism reaches 7.7 million visitors by May

Morocco recorded 7.7 million tourist arrivals by the end of May 2026, according to official figures released by authorities responsible for the tourism sector. The result reflects a 7 percent increase compared with the same period in 2025 and confirms a sustained upward trend since the beginning of the......