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WTO lowers global trade forecast on escalating tensions
2019-10-01 19:20:00| Daily apparel & textile news and comment - from just-style.com
Escalating trade tensions and a slowing global economy have led World Trade Organization (WTO) economists to sharply downgrade their forecasts for trade growth in 2019 and 2020.
Tags: global
trade
forecast
wto
United Internet lowers FY outlook as mobile promotions, lower handset sales slow growth
2019-08-15 09:32:00| Telecompaper Headlines
(Telecompaper) German operator United Internet reported a drop in first-half earnings, to EUR 0.84 per share from EUR 0.91 a year earlier, hurt by a writedown of EUR 34 million on its stake in cable operator Tele Columbus. Revenues and EBITDA were slightly higher, as customer growth offset increased promotions in the mobile market, but the company lowered its full-year growth outlook, due to weaker hardware sales and costs for rolling out its mobile network and price cuts. United Internet said it's also preparing an IPO for its hosting business Ionos and negotiating a new wholesale deal for its telecom business.
Tags: internet
united
sales
mobile
Energy prices to fall for millions as Ofgem lowers cap
2019-08-07 09:07:55| BBC News | Business | UK Edition
A new price cap could see households on default energy tariffs typically pay 75 less from October.
Tags: prices
fall
energy
millions
SM Energy Raises Production, Lowers Spending Guidance
2019-07-18 19:24:34| OGI
E&P companies have been producing more but spending less, looking to please shareholders and improve finances.
Tags: production
energy
guidance
spending
Telenor lowers FY outlook to flat revenues on tough Asian markets
2019-07-16 09:04:00| Telecompaper Headlines
(Telecompaper) Telenor has lowered its full year outlook to flat underlying revenues and a small decline in EBITDA, due to weaker results at its Asian activities. Nevertheless, the company said its strategy was on track, with an EBITDA margin of nearly 40 percent in Q2 and progress in accelerating revenues and reducing costs.
Tags: flat
markets
asian
outlook
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