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Singapore Airlines Sees Record Revenue but Air India Losses Drag Net Profit Down 57%
خبر
15.05.2026ملخص الذكاء الاصطناعي

Singapore Airlines Sees Record Revenue but Air India Losses Drag Net Profit Down 57%

Singapore Airlines reported a record revenue of SGD 20.5 billion for FY2024, with operating profit up 39% to SGD 2.38 billion, driven by higher demand and yields. However, net profit plunged 57.4% to SGD 1.18 billion due to losses from its 25.1% stake in Air India, exacerbated by the Iran war, Pakistan airspace closure, and a major crash, forcing Air India to cancel nearly a third of its flights during peak travel season. Analysts expect SIA to inject more capital into Air India, potentially constraining dividend capacity, though the long-term strategic bet on India's growing aviation market is expected to eventually pay off.

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CNBC
UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future – business live
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12.05.2026

UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future – business live

Rolling coverage of the latest economic and financial newsStarmer on the brink as cabinet ministers urge him to quitGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Another UK political crisis is looming over the City of London today, as prime minister Sir Keir Starmer faces more calls to set out a timetable for his departure.With a Cabinet meeting expected this morning, today could be a big day in determining Starmer’s future.In response to the uncertainty, 10-year UK gilt yields rose +8.6bps to 5.00% yesterday, whilst the 30-year yield rose +9.3bps to 5.67%, given expectations that a new Labour leader may face pressure to ease the fiscal rules and raise gilt issuance. Continue reading...

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Guardian Business
Hong Kong Mother’s Day dining shifts from traditional banquets to casual meals
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10.05.2026

Hong Kong Mother’s Day dining shifts from traditional banquets to casual meals

Mother’s Day business at many traditional Chinese banquet restaurants in Hong Kong has been weaker than last year, with diners increasingly opting for lunch and afternoon tea celebrations or non-traditional meals such as hotpot, industry representatives have said. Busy areas such as Causeway Bay were bustling with families on Sunday, as residents flocked to restaurants and shopping malls to celebrate, some carrying flowers and cards. “I did not want to do a very big dinner this year because...

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SCMP Economy
West Ham v Arsenal buildup, a big Old Firm derby, the clásico and more – matchday live
رياضة
10.05.2026

West Ham v Arsenal buildup, a big Old Firm derby, the clásico and more – matchday live

⚽ News, discussion and more before a huge day of action⚽ Today’s fixtures | Tables | Follow on Bluesky | Email usHello, good morning and welcome to another Matchday live! It’s a big day in the Premier League, with one match in particular set to have major repercussions at both ends of the table.Relegation-threatened West Ham take on title-chasing Arsenal this afternoon, with both teams in need of a win. Anything less than three points for the Hammers could all but seal their fate, with Tottenham one point clear ahead of their meeting with Leeds United tomorrow. As for Arsenal, a victory would maintain their advantage over Manchester City with two games remaining. Continue reading...

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Guardian Sport
Big defence boost: India tests advanced Agni missile with MIRV capability
خبر
09.05.2026

Big defence boost: India tests advanced Agni missile with MIRV capability

India has successfully test-fired an Advanced Agni missile featuring a Multiple Independently Targeted Re-Entry Vehicle (MIRV) system. This significant development, conducted off the Odisha coast, allows a single missile to strike multiple targets simultaneously, bolstering the nation's strategic defence and indigenous military modernization efforts. Defence Minister Rajnath Singh lauded the achievement as a major boost to preparedness.

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Times of India