Global airline industry to post USD 6.9 billion loss in 2022: IATA
GENEVA: The global airline industry is projected to report a lower loss at USD 6.9 billion in 2022, mainly due to stronger passenger yields...
Rouble slumps to near 8-week low vs dollar after oil price cap launch
MOSCOW: The Russian rouble weakened sharply for the fourth session running on Tuesday, sliding past 63 to the dollar for the first time in...
Asian shares lower as strong data hit hopes for dovish Fed
BANGKOK: Stocks were mostly lower in Asia on Tuesday after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the...
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Microsoft offers 10-year deal on new ‘CoD’ games to Sony
SAN FRANCISCO: Microsoft has offered a 10-year contract to Sony to make future 'Call of Duty' (CoD) games available on PlayStation, if its proposed...
HBO Max, Discovery+ streamingservice to now be called just ‘Max’
SAN FRANCISCO: Warner Bros. Discovery (WBD) will soon launch the combined streaming service of Disney+ and HBO Max which is likely to be called...
Digital transformation spending in India to reach $85 bn by 2026
NEW DELHI: The digital transformation (DX) spending in India is likely to reach $85 billion by 2026 as firms in the country aim to...
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