Uber sees profit by end of 2020, but still expects full-year loss

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc moved forward by a year its target to achieve a measure of profitability to the fourth quarter…

Boeing grounding, catastrophes pull down Swiss Re H1 profit

Boeing grounding, catastrophes pull down Swiss Re H1 profit

Swiss Re posted a 5.3% drop in first-half net profit from a year earlier, dented by claims from natural catastrophes…

Tesla delivers record number of electric cars in quarter, shares up 7%

Tesla delivers record number of electric cars in quarter, shares up 7%

Tesla Inc set a record for quarterly vehicle deliveries in a triumphant response to months of questions about demand for…

South African Airways CEO quits over lack of state supportPersonalities

South African Airways CEO quits over lack of state support

South African Airways’ CEO Vuyani Jarana has resigned after less than two years in the job, saying his turnaround strategy…

Ryanair profit hits 4-year low, warns of further painTourism Insight News

Ryanair profit hits 4-year low, warns of further pain

Ryanair reported its weakest annual profit in four years and said earnings could fall further as Europe suffers what Chief…

Marriott profit beats on lower tax bill, higher room pricesHotels

Marriott profit beats on lower tax bill, higher room prices

Marriott International Inc on Friday reported a better-than-expected quarterly profit, as the world’s biggest hotel chain benefited from a lower…

The answer to Uber’s profit challenge? It may lie in its trove of dataTransport

The answer to Uber’s profit challenge? It may lie in its trove of data

Over the past two years, Uber Chief Executive Dara Khosrowshahi has used his peace-making and political skills to settle battles…

Airbnb buys HotelTonight in deeper expansion into hotel-booking businessTravel Agents & Tour Operators

Airbnb buys HotelTonight in deeper expansion into hotel-booking business

Home-renting company Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into…

American Airlines profit and forecast beat on higher faresTransport

American Airlines profit and forecast beat on higher fares

No. 1 U.S. carrier American Airlines posted last Thursday quarterly profit and 2019 guidance that beat Wall Street estimates thanks to higher…

Brexit fatigue is driving Britons to drink, says pub chain Greene KingDestinations

Brexit fatigue is driving Britons to drink, says pub chain Greene King

Britons are seeking a break from the endless Brexit debate by heading to their local for a pint, pub operator…