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The president of Dubai’s Emirates, which has clashed with London’s Heathrow over the introduction of a capacity cap, said on Monday a disrupted air travel industry would return to equilibrium in 2023 and must “tough it out” until then. Tim Read more
H&M (HMb.ST), the world’s second-biggest fashion retailer, said on Monday it will wind down its business in Russia, a move that will cost almost $200 million and affect 6,000 staff as it joins a growing number of companies fully exiting Read more
Bank of America (BAC.N) has set aside around $200 million for a regulatory matter connected to the unauthorized use of personal phones, its chief financial officer Alastair Borthwick said on Monday, adding that he expects the matter to be settled Read more
Snap Inc (SNAP.N) said on Monday it is introducing the web version of its photo messaging app Snapchat, allowing users to chat, snap and video call from their computers. The company said that the feature will be exclusive to Snapchat+ Read more
Nubank , Latin America’s largest fintech, is growing faster than expected in Mexico, Chief Executive David Velez said in an interview. “We thought it would be hard to beat the growth we had in Brazil in Mexico, and we now Read more
Britain’s competition regulator said on Monday it would carry out another review of Facebook owner Meta’s (META.O) acquisition of Giphy after a tribunal quashed its original decision to block it. Britain’s Competition and Markets Authority (CMA) last year ordered Meta Read more
The crypto markets saw a slight rebound on Thursday, July 7 even though its sentiment continued to remain in the extreme fear zone. The crypto market on the day rose slightly on all major coins showing an increase in their Read more