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Does latest US trade data point to China's fall from grace?

2019-08-06 18:46:00| Daily apparel & textile news and comment - from just-style.com

At the halfway point of 2019, the fallout of the China-US trade spat on US apparel imports is starting to surface. Growth in shipment volumes from Vietnam and Bangladesh outpaced that of China in the first six months of the year - but imports from China are still edging up and the country's share of the market is virtually unchanged.

Tags: data point latest fall

Yuan fall: Why is China's currency getting weaker?

2019-08-06 06:19:56| BBC News | Business | UK Edition

A drop in the value the yuan poses far-reaching consequences for markets and the US-China trade war.

Tags: fall currency yuan weaker

BT CEO wants company to be more competitive as Q1 revenue, EBITDA fall

2019-08-02 11:08:00| Telecompaper Headlines

(Telecompaper) BT Group's reported and adjusted revenue fell 1 percent to GBP 5.63 billion in the first quarter to 30 June, with decreases in Consumer, Enterprise and Global. Adjusted EBITDA was GBP 1.96 billion, down 1 percent on lower revenues and higher spectrum fees and content costs, offset partially by reduction in costs from restructuring and transformation programmes. The full-year outlook has been maintained.

Tags: company fall competitive revenue

Telecom Italia revenues improve to 0.4% fall in Q2 on Brazil gains, rising ARPU

2019-08-02 09:06:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported a 0.4 percent year-on-year decline in second quarter revenues to EUR 4.5 billion on a comparable basis, an improvement on falls of 2.5 percent and 2.9 percent in the previous two quarters, helped by a 2.4 percent rise in service revenues at its TIM Brasil unit that partly offset a 1.2 percent decrease at its domestic unit. The company's EBITDA was EUR 1.9 billion in the second quarter, down 2.6 percent on an organic basis, though the margin inched up 0.6 percentage points to 42.2 percent thanks to cost containment initiatives.

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