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Global airlines ‘optimistic’ about 2022 outlook as restrictions ease

Agencies The global airline industry is “optimistic” about the outlook for air travel in 2022 as Omicron-related restrictions are eased or removed, and after annual passenger traffic recovered to 42 per cent of 2019 levels last ..

Prescription drugs, medical devices boost J&J in Q4

Agencies Growing prescription drug and medical device sales nudged Johnson & Johnson past fourth-quarter earnings expectations, and the health care giant’s COVID-19 vaccine gained momentum as well. J&J’s one-shot vaccine rang ..

Cathay Pacific says ‘cash burn’ will worsen over Hong Kong curbs

Agencies Cathay Pacific is poised to lose nearly $200 million a month from February, the embattled Hong Kong carrier reported Monday, as the city’s COVID-19 restrictions have seen cargo flights slashed. Hong Kong has maintained ..

Tribune News Network Doha The Indian Business and Professionals Council (IBPC) Qatar, in association with EEPC India, hosted a virtual technical webinar on HVAC-refrigeration on Tuesday. It was attended by more than 100 ..

Agencies The International Monetary Fund is downgrading its forecast for the world economy this year, citing the spread of COVID-19′s omicron variant, higher energy prices, an uptick in inflation and a deteriorating outlook for ..

Agencies Warren Buffett’s company plans to hold its annual shareholders meeting that used to routinely attract more than 40,000 people in person this spring for the first time since the pandemic began. Berkshire Hathaway said ..

Agencies It’s a key part of US President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a board of experts that would investigate major incidents to see what went wrong and try to ..

QNA Doha The management of the Qatar Stock Exchange (QSE) addressed the Al Mannai Corporation with regard to the increase in trading volume for the company’s shares from January 20 to January 23, 2022. In a statement, QSE indicated ..

Agencies Lebanon’s economic depression, orchestrated by the country’s elite, is among the worst economic collapses since the 1850s and is disintegrating key pillars of its post-war economy, according to the World Bank. The ..

Agencies Ohio has settled an environmental lawsuit with Volkswagen over the company’s 2015 emissions scandal for $3.5 million, state Attorney General Dave Yost announced. As that scandal unfolded, the automaker was found to have ..