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Cathay Pacific losing money, says business outlook remains "very bleak"

Cathay Pacific Airways Ltd said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines in the first four months of the year and the financial outlook remained "very bleak" due to the pandemic......»»

Category: topSource: reutersMay 15th, 2020

Cathay Pacific loses money, flags "very bleak" outlook

Cathay Pacific Airways said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines during January-April and flagged a "very bleak" outlook......»»

Category: videoSource: reutersMay 15th, 2020

Cathay Pacific loses money, flags "very bleak" outlook

Cathay Pacific Airways Ltd said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines during January-April and flagged a "very bleak" outlook as the coronavirus crisis grounded planes globally......»»

Category: topSource: reutersMay 15th, 2020

One of the world"s only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery

Cathay Pacific, the Hong Kong flag carrier, surveyed business-class passengers about potential sustainability initiatives. The business class cabin on a Cathay Pacific.....»»

Category: smallbizSource: nytApr 19th, 2024

Tesla business model "not viable" as cars losing money, says GLJ Research

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 27th, 2021

Watch Live: Jay Powell Says "Still Very Far" From A Strong Labor Market, Remains "Patiently Accomodative"

Watch Live: Jay Powell Says "Still Very Far" From A Strong Labor Market, Remains "Patiently Accomodative" Update: Powell offered his usual bleak outlook for the labor market. Fed Ch.....»»

Category: blogSource: zerohedgeFeb 10th, 2021

Slump In Crude Oil Continues To Attract Speculative Buying, Says Strategist

The April slump in crude oil is continuing to attract speculative buying in May, and the outlook remains bleak with .....»»

Category: blogSource: benzingaMay 4th, 2020

Pandemic slams global factories, activity sinks to new lows

Factory activity was ravaged across the world in April, business surveys showed, and the outlook looked bleak as government lockdowns to contain the new coronavirus pandemic froze global production and slashed demand......»»

Category: topSource: reutersMay 4th, 2020

Bleak Near-Term Outlook for Business-Software Services Industry

Zacks.....»»

Category: topSource: redinewsApr 6th, 2020

"Shark Tank" judge talks making money from side hustles during quarantine

Many people are looking for ways to sustain themselves after losing income as a result of mandated and voluntary business shutdowns in the wake of the coronavirus crisis. So, how can you make extra cash while living in isolation? We spoke to Kevin O.....»»

Category: topSource: moneycentralApr 2nd, 2020

‘Shark Tank’ judge talks making money from side hustles during quarantine

Many people are looking for ways to sustain themselves after losing income as a result of mandated and voluntary business shutdowns in the wake of the coronavirus crisis. So, how can you make extra cash while living in isolation? We spoke to Kevin O.....»»

Category: topSource: moneycentralApr 2nd, 2020

Sercomm remains positive for 2020, eyeing broadband upgrades

Sercomm remains positive over its business outlook for 2020 although the global economy is bracing for strong headwinds from the ongoing coronavirus pandemic, according to James Wang, president of the networking device marker......»»

Category: topSource: digitimesMar 19th, 2020

Cathay Pacific to close Vancouver cabin crew base, cutting 147 roles

Hong Kong's Cathay Pacific Airways Ltd said on Friday it was closing its Vancouver cabin crew base, laying off 147 crew members, as part of an ongoing business review......»»

Category: topSource: reutersMar 6th, 2020

Business execs expect strong 2020, but talent challenge remains, Baylor/SABJ research finds

Texas business leaders are very optimistic about the business outlook of their companies, their industries and the state in 2020 compared with their outlook for the overall U.S. economy. The strong expectation was one highlight of a recent survey of.....»»

Category: topSource: bizjournalsJan 17th, 2020

Business execs expect strong 2020, but talent challenge remains, Baylor/HBJ research finds

Texas business leaders are very optimistic about the business outlook of their companies, their industries and the state in 2020 compared with their outlook for the overall U.S. economy. The strong expectation was one highlight of a recent survey of .....»»

Category: topSource: bizjournalsJan 17th, 2020

Business execs expect strong 2020, but talent challenge remains, Baylor/DBJ research finds

Texas business leaders are very optimistic about the business outlook of their companies, their industries and the state in 2020 compared with their outlook for the overall U.S. economy. The strong expectation was one highlight of a recent survey of.....»»

Category: topSource: bizjournalsJan 17th, 2020

Business execs expect strong 2020, but talent challenge remains, Baylor/ABJ research finds

Texas business leaders are very optimistic about the business outlook of their companies, their industries and the state in 2020 compared with their outlook for the overall U.S. economy. The strong expectation was one highlight of a recent survey of.....»»

Category: topSource: bizjournalsJan 17th, 2020

Foresight 2020: St. Louis VC forecast includes two firms expecting to raise big money in the new year

Managing partner of one of St. Louis' biggest venture capital firms says volume of investing activity may fluctuate in the region, but the outlook remains positive......»»

Category: topSource: bizjournalsJan 1st, 2020

Union Pacific cuts volumes outlook and warns on revenue, but stock bounces after 5-day losing streak

Union Pacific Corp. lowered its outlook for fourth-quarter volumes, and warned on revenue, but the railroad operator's stock rallied 2.4% in morning trading, to put it on track to snap a five-session losing stre.....»»

Category: topSource: marketwatchDec 4th, 2019

WeWork third-quarter losses widen to $1.25 billion as expansion ramps up

The We Company, owner of WeWork, said on Wednesday net losses in the third quarter widened to $1.25 billion from $497 million a year earlier as its money-losing shared-office business doubled in size with a record number of desks added to its network......»»

Category: topSource: reutersNov 13th, 2019

WeWork data shows growth still doubling

WeWork owner The We Company disclosed data on Friday that showed expansion of its office-sharing business was almost doubling in size from a large pipeline of leases even as the money-losing company plans to slash costs and reduce its headcount......»»

Category: topSource: reutersNov 8th, 2019