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Oil Jumps 4% on Latest COVID-19 Vaccine Progress

2020-11-16 16:55:18| OGI

WTI nears $42/bbl on news that two vaccines are in the pipeline.

Tags: latest progress oil vaccine

 

FTSE 100 jumps on second Covid vaccine hopes

2020-11-16 14:35:02| BBC News | Business | UK Edition

News of a breakthrough by US drugs firm Moderna follows last week's positive results from Pfizer.

Tags: hopes vaccine jumps ftse

 
 

SK Telecom's Q3 profit jumps more than 44% on equity gains from SK Hynix unit

2020-11-05 07:23:00| Telecompaper Headlines

(Telecompaper) South Korean operator SK Telecom posted revenue of KRW 4.73 trillion for the third quarter of 2020, which represents an increase of 3.7 percent year-on-year. Operating income reached KRW 361.5 billion, growing by 19.7 percent in the period. Growth was mainly boosted by improved performance of SK Telecom's mobile communication business and steep growth of its new businesses, the company said. Net income jumped 44.2 percent year-on-year, boosted by increased equity method gains from SK Hynix.

Tags: unit sk profit equity

 

Alphabet returns to revenue growth of 14% in Q3, net profit jumps 59%

2020-10-30 09:39:00| Telecompaper Headlines

(Telecompaper) Google's parent company Alphabet reported a return to revenue growth in the third quarter, as the advertising market recovered from the slowdown in Q2. Revenues rose 14 percent year-on-year to USD 46.2 billion, and the operating margin improved to 14 percent from 13 percent. Net profit jumped 59 percent to USD 11.2 billion or USD 16.40 per share.

Tags: net returns growth profit

 

UK borrowing jumps in September as Covid support continues

2020-10-21 08:48:23| BBC News | Business | UK Edition

The government borrowed 36bn in September, the third-highest in any month since records began.

Tags: support september continues jumps

 

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