Russia

Ryanair Hails 'Very Strong' Recovery With Record Summer Profit

Ryanair on Monday 7 November posted its largest ever profit for its key summer season and said it expected very strong passenger and fare growth for years...

Climate Change, Russia-Ukraine War Hit Global Wine Industry:OIV

Climate change and the Russia-Ukraine war are squeezing global sales and production in the $300 billion global wine industry, which is still recovering fro...

Russian September Airline Traffic Down 20% Under Effect Of Sanctions

Passenger numbers on Russian airlines were down 20% in September from last year, as the impact of western sanctions continues to weigh on the industry.

Yum Beats Sales Estimates As Customers Flock To KFC, Taco Bell Deals

Yum Brands Inc beat Wall Street estimates for quarterly comparable sales on Wednesday 2 November, as the company's KFC value deals and $2 Taco Bell burrito...

AB InBev Raises 2022 Outlook As Its Beer Sales Accelerate

Anheuser-Busch InBev, the world's largest brewer, reported higher-than-expected quarterly earnings on Thursday 27 October as beer sales accelerated, and ra...

Russian Soft Drinks Maker To Cut Back Investments, Hiring Over New Sugar Tax

Chernogolovka, a Russian soft drinks producer hoping to seize market share as western competitors leave, said a proposed new sugary drinks tax had forced i...

EU Extends Airport Slot Rule Waiver Through Winter

European Union countries on Wednesday 12 October agreed to extend a waiver on slot-use requirements at the bloc's airports until the end of the winter seas...