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US Oil Rig Count Rises for First Week Since March
2020-07-24 19:29:04| OGI
U.S. oil rigs rose to 181, while gas rigs fell three to 68, their lowest on record according to Baker Hughes data going back to 1987.
Airtel Africa revenue rises 7% in Q1, customer base up by 12%
2020-07-24 09:24:00| Telecompaper Headlines
(Telecompaper) Airtel Africa said its revenues increased by 6.9 percent to USD 851 million in the first three months to 30 June from USD 796 million in the same period of 2019 with constant currency revenue growth of 13 percent, which was partially offset by devaluation mainly in Nigeria (6.9%), Zambia (28.3%) and Kenya (4.4%). The revenue growth was largely driven by the growth of the customer base by 11.8 percent to 111.5 million and ARPU growth of 1.6 percent in constant currency.
Amount of Office Sublease Space Rises Rapidly in Some Markets in Response to Sputtering Economy
2020-07-23 20:13:00| National Real Estate Investor
San Francisco is among markets seeing the most fallout in terms of increasing sublease space.
Tele2 reinstates FY guidance and extraordinary dividend proposal as Q2 underlying EBITDAaL rises 4%
2020-07-15 09:55:00| Telecompaper Headlines
(Telecompaper) Tele2 said it is reinstating its 2020 guidance and its proposal to distribute an extraordinary dividend of SEK 3.50 per share as it declared that it had fared relatively well in a difficult second quarter for the telecoms sector and society as a whole. Revenue fell by 2 percent and underlying EBITDAaL rose by 4 percent. The operator said it now has 242,000 fixed-mobile convergence (FMC) customers and that it launched Sweden's first public 5G network during Q2.
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Coronavirus: UK faces tax rises or spending cuts, OBR warns
2020-07-14 11:47:40| BBC News | Business | UK Edition
The Office for Budget Responsibility warns of more austerity as the economy is set to shrink 12.4% in 2020.
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