Friday, 17 April 2026

Category: Business

IAG agrees to buy Air Europa

LONDON: British Airways owner IAG agreed yesterday to buy Spain’s Air Europa for 1.0 billion euros to expand routes to Latin America and the Caribbean,

Ryanair net profits flatten in first half

LONDON: Irish no-frills airline Ryanair said yesterday that first-half net profit flattened on lower ticket prices, weak British demand, fierce competition elsewhere in Europe and

Australia posts poor retail sales, jobs data

SYDNEY: Australian retail sales surprisingly fell last quarter while growth in September was weaker-than-expected, underlining the need for even more stimulus to jumpstart the slowing

Jaya Tiasa sees weak timber outlook

KUCHING: Jaya Tiasa Holdings Bhd expects its logging business to be hit by weakening demand and increased competition from other timber producing regions. According to

Exports slip 6.8 percent in Sept

KUALA LUMPUR: The Department of Statistics, Malaysia says exports slipped 6.8 percent year-on-year (y-o-y) to RM77.7 billion in September while imports registered an increase of

Ringgit ends higher versus US dollar

KUALA LUMPUR: The ringgit extended last week’s gains to close higher against the US dollar yesterday, supported by a weaker greenback and positive catalysts in