Thursday , 18 December 2025

Recent Posts

United Air posts smaller loss after variant wrecks profit plan

Bloomberg United Airlines Holdings Inc posted a narrower loss than analysts had expected as a dip in demand from a summer surge in the coronavirus delta variant proved fleeting. The carrier lost $1.02 per share, or $300 million, in the third quarter on an adjusted pretax basis, better than the $1.61 loss analysts had estimated, according to figures compiled by …

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India opens inflight data market to UK’s Inmarsat

Bloomberg British satellite operator Inmarsat Holdings Ltd said it’s the first foreign operator to get India’s approval to sell high-speed broadband to planes and shipping vessels. Inmarsat will access the market via Indian state-owned telecommunications company Bharat Sanchar Nigam Ltd, after BSNL received a license from India’s Department of Telecommunications, the London-based company said. A representative for the Indian government …

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Kering shares fall after Gucci growth slows

Bloomberg Kering SA shares tumbled after slowing growth at Gucci, its biggest brand, put more pressure on the label’s new collection to deliver a strong holiday season. Comparable sales at the Italian brand rose 3.8% in the third quarter from a year earlier, Kering said in a statement. Analysts had forecast a 9.3% increase. The performance suffered from virus restrictions, …

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