Category Business

Saudi oil giant Aramco reports €100bn profit in 2024

Saudi Arabia’s state oil company Aramco has posted profits of $106.25 billion (€100 billion) in 2024, down 12 percent on the previous year, as falling energy prices now curb the kingdom’s multi-trillion-dollar development plans. Aramco, formally known as Saudi Arabian…

Microsoft announced it would shut down Skype in May

Microsoft said it would “retire” its online messaging and voice calling service Skype in May. The US tech giant said the move would allow it to focus on its cutting-edge online communications platform Teams, which provides virtual meeting tools as…

Aer Lingus’ parent company posts profit rise

Aer Lingus parent International Airlines Group (IAG) said its operating profit increased by 22.1% last year to €4.3 billion. This is more than 3.5 billion euros in 2023. The company attributed the growth to “the successful execution of our transformation…