je.st
news
Tag: slow
Vimpelcom sees service revenue slow in Q2 to fall of 1%
2016-08-04 08:50:00| Telecompaper Headlines
(Telecompaper) Vimpelcom said it expects to achieve only the lower end of its full-year targets, after a slowdown in service revenues in Q2. Its total revenue fell 16 percent year-on-year to USD 2.156 billion in the three months to June, and service revenue dropped 17 percent to USD 2.089 billion. In addition to negative currency effects, the company saw an organic revenue decline of 2 percent in its home market Russia and organic sales fell 15 percent in Algeria. Group EBITDA fell 26 percent to USD 795 million, hurt by the weaker sales and USD 116 million in restructuring costs, and the margin dropped to 36.9 percent from 41.6 a year ago. On an organic basis, service revenue fell 0.7 percent, as 26 percent growth in mobile data was offset by lower voice revenue.
World Bank president: Brexit 'contributed to slow growth'
2016-08-03 16:10:05| BBC News | Business | UK Edition
The president of the World Bank says Brexit has had a negative impact on the global economy, creating difficulties for developing countries
Tags: world
bank
growth
president
Millicom lowers FY growth outlook as sales slow in Q2
2016-07-21 09:28:00| Telecompaper Headlines
(Telecompaper) Millicom has lowered its outlook for annual sales growth due to difficult economic conditions in some of its markets. After organic service revenue growth of only 2.1 percent in Q2, the company now expects only a low to mid single-digit increase over the full year, compared to a previous outlook for mid single-digits. Adjusted EBITDA is still expected to increase in the mid to high single-digits in 2016, despite a 1.6 percent fall in Q2 to USD 560 million in Q2. Total revenues for the quarter were down 5.7 percent to USD 1.572 billion, after currency effects and a 0.7 percent organic decline in Latin America offset 9.2 percent growth in Africa. Ongoing cost-reduction efforts helped the EBITDA margin still improve to 34.5 percent from 33.6 percent a year ago.
How growing sea plants can help slow ocean acidification
2016-07-13 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: How Growing Sea Plants Can Help Slow Ocean Acidification Researchers are finding that kelp, eelgrass, and other vegetation can effectively absorb CO2 and reduce acidity in the ocean. Growing these plants in local waters, scientists say, could help mitigate the damaging impacts of acidification on marine life. Robert Schwemmer/NOAA Harvesting kelp, shown here off the California coast, removes CO2 from the ecosystem. Oregons picturesque Netarts Bay has long been known for its oysters....
WTEs Backers Remain Bullish Despite Slow Growth
2016-07-13 11:05:00| Waste Age
Proponents of waste-to-energy see opportunity for expansion of existing facilities, even if new plants may not be on the immediate horizon. read more
Tags: growth
remain
slow
bullish
Sites : [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] next »