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Tui warns of 8,000 job losses as it cuts costs

2020-05-13 09:35:00| BBC News | Business | UK Edition

The travel firm says earnings will be significantly lower because of the coronavirus pandemic.

Tags: job costs losses cuts

 

Disney streaming losses swell on expansion costs, skips dividend

2020-05-06 08:54:00| Telecompaper Headlines

(Telecompaper) Disney reported a sharp increase in losses from its streaming business in its fiscal second quarter to March. The operating loss swelled to USD 812 million from USD 385 million a year ago at the Direct-to-Consumer & International division, while revenues jumped from USD 1.1 billion to USD 4.1 billion. This follows the acquisition of 100 percent of Hulu in March 2019 and costs for the launch of Disney+. 

Tags: costs expansion disney losses

 
 

Qatar Airways warns of 'substantial' job losses

2020-05-06 08:46:25| BBC News | Business | UK Edition

State-owned Qatar Airway plans significant staff cutbacks as it deals with the coronavirus downturn.

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Occidental, Devon Energy Post Quarterly Losses On Billion-dollar Charges

2020-05-05 23:05:00| OGI

Both Occidental Petroleum and Devon Energy also announced plans on May 5 to deepen cuts for the third time since March in response to the historic crash of oil prices.

Tags: post energy charges quarterly

 

New study projects over $2 billion in losses for Iowa's hog sector if COVID-19 distancing policies remain throughout 2020

2020-04-17 13:52:00| ThePigSite - Industry News

A new study projects economic impacts of the COVID-19 outbreak will mean steep losses for Iowa agriculture, including over $2 billion each for the hog and ethanol sectors, if the disease and social distancing policy impacts hold throughout the year.

Tags: study policies throughout projects

 

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