Soars
British Airways owner says 2023 profit soars six-fold
BRITISH Airways parent IAG announced on Thursday (Feb 29) that net profit surged six-fold last year, boosted by “strong” demand particularly from leisure travellers as the bounceback from Covid...
Swiss Re’s full-year profit soars on higher interest rates
SWISS Re’s net income rose to US$3.2 billion in 2023, driven by higher underwriting margins and interest rates. The profit was in line with estimates and resulted in a...
Nikkei soars to within sight of all-time peak, closes at 34-year high
JAPAN’S benchmark Nikkei rallied to 34-year highs on Friday (Feb 16) and was on the cusp of eclipsing the all-time peak reached during the hey days of the nation’s...
BlackRock’s ESG fund business soars despite attacks by US Republicans
DESPITE a barrage of Republican attacks, lacklustre returns and diminishing client interest in the US, BlackRock has been quietly expanding its dominance in ESG investing. The world’s largest asset...
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