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Delta Air Lines on Thursday said last month's CrowdStrike outage and subsequent mass flight cancellations cost it some $550 million and reiterated that it is pursuing damages against the company as well as Microsoft.
TOKYO -- Japanese hotel operators plan to employ more foreign staff in the coming years as the industry struggles to fill the hole left by pandemic-era job cuts amid a tourism rebound that has sent demand surging.
SEOUL -- South Korean internet giant Kakao on Thursday posted a consolidated operating profit of 134 billion won (about $97 million) for the April-to-June period, up 18% on the year, propelled by a recovery in advertising revenue and an increase in users.
TOKYO -- Rakuten Group will raise up to 300 billion yen ($2 billion) for its wireless unit from a consortium led by Australia's Macquarie Asset Management under plans announced Thursday by selling and leasing back equipment as it taps funding sources beyond bonds.
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HO CHI MINH CITY -- The Vietnamese capital of Hanoi on Thursday began commercial service on part of the the city's second metro rail line after nine years of delays.
A global advertising group has suspended the operations of a unit focused on brand safety days after Elon Musk's X sued the association for allegedly leading an illegal ad boycott.
Barclays has become the latest bank to substantially raise a cap on bonuses for its top bankers, an internal memo seen by Reuters showed on Thursday.