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Telenor raises FY forecast for growth in underlying EBITDA thanks to cost cuts

2020-10-21 09:25:00| Telecompaper Headlines

(Telecompaper) Telenor said it now expects to report a small increase in underlying EBITDA this year, after a return to growth in the third quarter. Organic subscription and traffic revenue is still expected to show a low single-digit decline as some countries in Asia, such as Thailand and Malaysia, are affected by lower revenues due to the coronavirus pandemic. 

Tags: to cost growth underlying

 

John Lewis embarks on more cost cuts to fuel growth

2020-10-16 13:02:00| Daily apparel & textile news and comment - from just-style.com

Retailer The John Lewis Partnership is embarking on a new five-year plan aimed at delivering GBP400m (US$517.8m) profit by 2025 and investing in more digital and virtual shopping services.

Tags: john cost growth lewis

 
 

Ryanair cuts back winter flight schedule

2020-10-15 09:20:40| BBC News | Business | UK Edition

The airline says it is responding to increased flight restrictions imposed because of the pandemic.

Tags: back winter schedule flight

 

Woolmark cuts licence fee for certification programme

2020-10-14 13:32:00| Daily apparel & textile news and comment - from just-style.com

The Woolmark Company is halving the annual licence fee for its Woolmark Certification Program, in a move aimed at helping supply chain partners gain access to the quality scheme.

Tags: fee programme certification cuts

 

OPEC Again Cuts 2021 Oil Demand Forecast as Virus Cases Rise

2020-10-13 15:02:31| OGI

Demand will rise by 6.54 million barrels per day (MMbbl/d) next year to 96.84 MMbbl/d, OPEC said in a monthly report.

Tags: cases oil rise demand

 

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