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Ryanair annual profit drops 16% as fares fall
Ryanair annual profit drops 16% as fares fall
Economy
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'
Economy
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".

China factory output beats forecasts, weathering tariffs
China factory output beats forecasts, weathering tariffs
Economy
by  AFP

Factory output in China grew at a faster rate than expected last month, official data showed Monday, weathering a brutal trade war with Washington. Data on Monday showed retail sales, a key gauge of domestic demand, grew 5.1 percent year-on-year last month, short of the 5.8 percent growth forecast by Bloomberg.