Business from Friday, May 13th, 2022

Emirates Airline's revenue for last year increased 91 per cent to AED 59.2 billion, as the carrier expanded global capacity following the easing of pandemic-related restrictions.

Cryptocurrencies nursed large losses on Friday, with bitcoin pinned below $30,000 and set for a record losing streak as the collapse of TerraUSD, a so-called stablecoin, rippled through markets.