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Turkish Airlines posts biggest loss as direct traffic dips

  Bloomberg Turkey’s national airline reported the biggest loss since at least 1999 in the first quarter as geopolitical risks and security concerns pressured direct traffic into the country. Turkish Airlines posted a loss of 1.24 billion liras ($422 million) in the three months through March, compared with a net income of 373 million liras in the same period a ...

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JD.com dips as sales go sluggish amid growth concern

  Bloomberg JD.com Inc., China’s second-biggest online retailer, plunged after it reported flagging sales growth on its marketplaces and management expressed concern about the country’s economic slowdown. The American depositary receipts dropped 7 percent in New York to $23.43, the lowest since February 12. Trading volume of 45.3 million shares was more than triple the daily average of the past ...

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Florida pharmacies help crisis-hit Venezuela

  Miami, United States / AFP The phone rings off the hook these days at some pharmacies in Florida and the calls are long-distance: from Venezuelans desperate for everything from diapers to cancer medication. Venezuela, though sitting atop the world’s largest proven oil reserves, is enduring an acute economic crisis due in part to the global drop in crude prices and ...

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