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Tag: demand
Exxon Mobil, Chevron Slam Brakes on Shale as Oil Demand Tumbles
2020-05-01 18:07:12| OGI
Both companies on May 1 outlined deep cuts in output and investments in the Permian shale basin.
FINAT: Amid COVID-19, European labelstock demand surges in Q1
2020-05-01 15:11:19| Label and Narrow Web Breaking News
Short-term demand for critical supplies to the food, pharmaceutical and medical markets surged with retail chains stockpiling goods.
Amazon investors told to 'take a seat' as demand jumps
2020-04-30 22:33:45| BBC News | Business | UK Edition
Amazon's sales surged 26%, but costs are also up due to spending on safety precautions and wages.
IEA: Coronavirus Will Trigger Biggest Ever Plunge in Energy Demand, Emissions
2020-04-30 15:20:12| OGI
Economic lockdowns brought on by the coronavirus pandemic look set to cut global energy demand and carbon dioxide emissions by record amounts, the International Energy Agency (IEA) said on April 30.
Tags: energy
demand
biggest
trigger
Microsoft Q3 rises on cloud usage, demand for PCs, but growth tempered by pandemic
2020-04-30 09:02:00| Telecompaper Headlines
(Telecompaper) Microsoft reported higher results for its fiscal third quarter to end March, but growth was tempered by the coronavirus pandemic, and numbers lower than in the previous quarter. The company said net impact was minimal and that cloud usage increased. There was a slowdown, especially in the last weeks of the quarter, in transactional licensing, particularly among SMEs, and a reduction in advertising spend in LinkedIn. In the More Personal Computing segment, Windows OEM and Surface benefited from increased demand for remote work and learning, but supply chain constraints in China offset that rise, though these improved late in the quarter. Gaming benefited from people stuck indoors but Search was negatively impacted by less ad spend. Microsoft noted that the full effects of the pandemic may not be fully felt until later in the future.
Tags: growth
microsoft
demand
usage
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