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Coronavirus halts a decade of US jobs growth

2020-04-03 14:47:08| BBC News | Business | UK Edition

American employers shed 701,000 jobs in March amid expectations there is worse to come.

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Economic growth in January slowed to 0.1 per cent, StatsCan says

2020-03-31 23:08:05| Canadian Plastics Headlines

Reduced trade with China affected potential growth in January, the agency said, and the COVID-19 pandemic and a collapse in oil prices has hurt the economy since then. The post Economic growth in January slowed to 0.1 per cent, StatsCan says appeared first on Canadian Plastics.

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E&P Last Word: Permians Promised Growth Could Come Down To Drops, Not Barrels

2020-03-31 15:00:00| OGI

Creative approaches to water management are helping shift the production paradigm in the Permian Basin.

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Xiaomi profits fall in Q4 on marketing push to boost overseas growth

2020-03-31 14:04:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported revenues for the fourth quarter of 2019 up 27.1 percent year-on-year to CNY 56.5 billion. Net profit for the period fell to CNY 2.4 billion from CNY 3.4 billion a year earlier, after a sharp rise in marketing and promotional spend to boost sales outside China. 

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Huawei maintains revenue growth of over 19% in 2019, sees more difficult 2020

2020-03-31 11:08:00| Telecompaper Headlines

(Telecompaper) Huawei reported revenues of CNY 858.8 billion (USD 123 billion) for 2019, up 19.1 percent. Net profit rose a slower 5.6 percent to CNY 62.7 billion, and operating cash flow increased 22.4 percent to CNY 91.4 billion. 

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