Business and Economy

Business and Economy Latest News

Ryanair annual profit drops 16% as fares fall
Ryanair annual profit drops 16% as fares fall
by  AFP

Irish no-frills carrier Ryanair on Monday said net profit fell 16 percent in its financial year as it cut ticket prices to boost passenger numbers. It warned that it expected just a three percent growth in passenger numbers for the 2026 financial year due to delayed Boeing deliveries.

Nvidia unveils plan for Taiwan's first 'AI supercomputer'
Nvidia unveils plan for Taiwan's first 'AI supercomputer'
by  AFP

Nvidia boss Jensen Huang announced plans for Taiwan's "first AI supercomputer", as he showcased on Monday the company's latest advances in artificial intelligence. Huang said Nvidia would work with Taiwanese tech giants Foxconn and TSMC as well as the government to build Taiwan's "first AI supercomputer .. for the AI infrastructure and AI ecosystem".

Money

Technology

Energy

Economy

Industry

Maritime

Capital Market