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Tag: fall
Esquel shutters some factories as orders fall
2020-04-28 17:10:00| Daily apparel & textile news and comment - from just-style.com
Hong Kong-based Esquel Group, one of the world's largest woven shirt suppliers, is shuttering four factories in China, Malaysia and Mauritius as it struggles with falling orders during the coronavirus pandemic.
Tags: fall
orders
factories
shutters
Verizon Q1 results, profit fall on pandemic but cash flow still strong
2020-04-24 15:31:00| Telecompaper Headlines
(Telecompaper) Verizon reported lower results for the first quarter, impacted by the coronavirus pandemic and the adoption of a new revenue recognition standard, as well as an increase in bad debt due to crisis. The company said it increased its bad debt reserve in the quarter by USD 288 million based on the number of customers seeking payment relief under the Keep Americans Connected pledge.
Tags: results
still
fall
strong
Cheaper clothes and fuel sees UK inflation fall to 1.5% in March
2020-04-22 08:47:54| BBC News | Business | UK Edition
The price of clothes normally rises in March as New Year discounting comes to an end.
Who wins and who loses when oil prices fall?
2020-04-22 01:01:29| BBC News | Business | UK Edition
While drivers may celebrate paying less at the pumps, falling oil prices can spell disaster.
China Mobile Q1 customer numbers, revenues, profit fall amid virus pandemic
2020-04-20 14:18:00| Telecompaper Headlines
(Telecompaper) Preliminary operating revenues for the quarter fell 2 percent from the year before to CNY 181.3 billion, impacted by measures taken during the coronavirus (covid-19) pandemic and despite service revenue rising 1.8 percent to CNY 168.9 billion. Revenue from the sale of products and others was down 34.9 percent to CNY 12.4 billion, mainly due to lower handset and IoT device sales amid the virus hit. Meanwhile, EBITDA slipped 5.8 percent to CNY 68.5 billion while the profit attributable to shareholders dipped 0.8 percent lower to RMB 23.5 billion.
Tags: customer
china
mobile
fall
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