Qantas says pandemic to cost billions in lost revenue

The boss of Qantas has said that the pandemic is likely to cost the firm A$20bn…

Nike boss defends firm’s business in China

The boss of Nike has made a robust defence of the firm’s business in China after…

Twitter’s ‘extraordinary year’ sees record revenues

Twitter has posted record revenues for the last quarter of 2020, capping off what its chief…

Google owner Alphabet sees record growth as ad spend soars

Google parent Alphabet saw record revenues for the second straight quarter despite the pandemic as advertisers…

Rolls-Royce facing £2bn cash reserve hit as flight numbers fall

Aerospace giant Rolls-Royce expects to burn through more cash than expected his year as planes powered…

Cineworld swings to huge loss after virus closures

Cineworld has warned it may need to raise more money in the event of further coronavirus…

Singapore’s freelancers find new income during the coronavirus pandemic

As much as an economy is built by big businesses and start-ups, it’s also shaped by…

Zoom revenues skyrocket as profits double

Popular videoconferencing app Zoom has seen its revenues skyrocket as second quarter profits more than doubled…

Marriott Recovering in China, Royal Caribbean Posts Loss

On land and sea, the travel industry is hurting but holding out hope for a recovery.…