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Oil Prices Rise with Brent Topping $40 as Joe Bidens Win Buoys Risk-taking
2020-11-09 11:10:00| OGI
"Oil prices surged on Monday benefiting from a risk-on stance and a weaker U.S. dollar driven by Joe Biden becoming president-elect," said Giovanni Staunovo, oil analyst for UBS.
Safaricom H1 service revenue falls 5% as M-Pesa turnover shrinks by 15%, active customers rise 14%
2020-11-09 09:33:00| Telecompaper Headlines
(Telecompaper) Kenyan operator Safaricom's net profit decreased by 6.0 percent to KES 33.07 billion in the first six months to 30 September from KES 35.19 billion in the same period of 2019. Total revenue decreased by 4.1 percent to KES 124.53 billion from KES 129.92 billion in 2019 with service revenue dropping 4.8 percent to KES 118.41 billion from KES 124.32 billion. The company attributed the decline to Covid-19 pandemic, blaming the decline in service revenue performance on lower M-Pesa and voice revenues.
Tags: service
active
customers
rise
Enbridge Aims to Drastically Cut Carbon Footprint as Global Climate Pressures Rise
2020-11-06 21:09:33| OGI
To meet the targets, the company said it would invest in lower carbon infrastructure as well as in wind and solar power generation, hydrogen and renewable natural gas.
US apparel imports continue to rise in September
2020-11-05 12:36:00| Daily apparel & textile news and comment - from just-style.com
The volume of US apparel imports continued to climb in September on the month prior as business picked up for retailers following the pandemic lockdown. Year-on-year was a different picture, however, with shipments continuing to fall. Indonesia and China recorded the largest declines.
Tags: september
continue
apparel
rise
Qualcomm beats outlook with 73% rise in quarterly revenues
2020-11-05 08:18:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported revenues for its fiscal fourth quarter of USD 8.35 billion, up 73 percent from a year earlier and better than its guidance. Net profit jumped to USD 2.96 billion from USD 506 million a year ago, also better than forecast, and adjusted EPS rose 86 percent to USD 1.45.
Tags: rise
quarterly
outlook
revenues
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