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Saudi Aramco Reports Nearly 45% Drop in Quarterly Profit

2020-11-03 16:30:00| OGI

State oil giant Saudi Aramco on Nov. 3 reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices.

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Covid store closures weigh on Primark's FY profit

2020-11-03 12:47:00| Daily apparel & textile news and comment - from just-style.com

Primark has booked a 62% fall in annual profits on the back of lost sales from store closures related to the coronavirus pandemic.

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Lenovo revenues, profit rise in Q2 on demand for PCs, recovering mobile ops

2020-11-03 09:57:00| Telecompaper Headlines

(Telecompaper) Lenovo reported a higher set of results for the second quarter, buoyed by continued demand for PCs amid home working and learning, and a recovering mobile business group amid the continuing covid-19 pandemic. Revenues for the quarter to end September increased 7 percent from the year before to USD 14.52 billion with the profit attributable to shareholders jumping 53 percent to USD 310 million.

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Exxon Mobil Posts Third Straight Quarterly Loss While Chevron Reports Profit

2020-10-30 14:45:00| OGI

Oil companies last quarter continued to suffer from weak prices for their products, but rivals Chevron, Shell and BP also posted higher-than-expected results after deep cost cuts this year.

Tags: posts reports loss straight