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Lenovo Q4 results hit by Wuhan production shutdown, product shortages

2020-05-20 09:15:00| Telecompaper Headlines

(Telecompaper) Lenovo reported revenue for its fiscal fourth quarter down 9.7 percent year-on-year to USD 10.6 billion. The company was hurt by the shutdown of its main smartphone production site in Wuhan due to the covid-19 pandemic as well as slower sales at its main PC business. Operating profit fell 39 percent to USD 166 million, and the net profit was down 64 percent to USD 43 million. 

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Pernod Ricard warns of volumes hit from Martell production safety measures

2020-04-01 17:08:00| Daily beverage news and comment - from just-drinks.com

Pernod Ricard's Cognac unit, Martell, will have to rely on existing stocks as coronavirus safety measures impact production.

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Vietnam makers fear production hit from raw material shortage

2020-03-17 13:30:00| Daily apparel & textile news and comment - from just-style.com

Concerns are rising among Vietnamese garment producers about whether they have enough raw materials to be able to continue production into the second quarter. 

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EIA: US Shale Oil Production To Hit Record In February

2020-01-21 22:30:00| OGI

U.S. oil production from seven major shale formations is expected to rise about 22,000 barrels per day next month, which would be the smallest monthly increase since shale output declined in February 2019.

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Boeing suppliers' shares hit by production pause

2019-12-17 14:19:11| BBC News | Business | UK Edition

The planemaker's parts-makers have been hurt by the decision to pause production of the 737 Max.

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