Monday , 9 February 2026

Recent Posts

China’s Tencent unveils goal to run on 100% green energy by 2030

  Bloomberg Tencent Holdings Ltd is stepping up the use of renewable energy with a goal of zeroing out emissions by 2030, acknowledging the damage wrought by its data centers while heeding Beijing’s call to protect the environment. The Chinese social media and gaming giant plans to use all but renewable energy by the same timeframe and has already purchased …

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British Airways owner IAG sees return to profit in Q2

Bloomberg British Airways owner IAG SA said it should turn profitable from the second quarter, joining other European carriers in predicting a travel rebound in coming months. While IAG, which also owns Spain’s Iberia and Aer Lingus of Ireland, sees a “significant” loss this quarter, bookings are now running at 85% of pre-pandemic levels as concerns about the omicron variant …

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Omicron costs Qantas Air $470mn in profit

  Bloomberg Qantas Airways Ltd said Omicron is delaying the airline’s recovery and eating into earnings, with international travel wallowing at less than half normal volumes for months to come. While demand has picked up since Australia’s border reopened this month, the impact of the fast-spreading Covid variant will cost Qantas A$650 million ($470 million) of operating profit in the …

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