Saturday, 23 October 2021

Tag Archives: Profits

Ryanair posts weakest annual profits in four years

DUBLIN: Ryanair posted its weakest annual profit in four years on Monday and said earnings could fall further next year as Europe’s largest low-cost carrier grapples with overcapacity, Brexit and delays in delivery of the Boeing 737 Max. The airline posted a profit after tax for its financial year to ...

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Tencent profits drop as China puts squeeze on online games

BEIJING: China’s Tencent reported a quarterly drop in net income Wednesday, amid an apparent regulatory squeeze on the tech giant’s online gaming business. Total revenues for the quarter rose by 30 percent year-on-year to 73.68 billion yuan ($10.65 billion) while online games revenue increased 6 percent to 25.20 billion yuan, ...

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Cryptocurrency Exchange Binance Eyeing $1 Billion in Profits

LONDON: Leading cryptocurrency exchange Binance is thriving despite 2018 seeing a massive downturn in pricing for cryptocurrency. As alluded to last month by Arthur Hayes, co-founder of exchange BitMex, the falling price of cryptocurrency has yet to dampen the growth most exchanges are seeing throughout 2018. While investors scramble to ...

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