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Port Talbot: Tata Steel bosses 'can't keep funding losses'

2020-01-05 17:35:03| BBC News | Business | UK Edition

Chairman of the Tata Sons group says its Port Talbot plant must become "self-sustaining".

Tags: port steel funding losses

 

Championship 'bubble waiting to burst' with clubs posting record losses in Premier League 'gamble'

2019-12-12 01:01:54| BBC News | Business | UK Edition

BBC Radio 5 Live's Investigations Unit explores the financial picture of the Championship - with one former chairman saying "thank God we're out".

Tags: record premier waiting posting

 
 

Constellation Brands cuts losses on US$1bn Ballast Point folly - Comment

2019-12-04 11:47:00| Daily beverage news and comment - from just-drinks.com

Ballast Point has fallen victim to the new broom of Constellation CEO Bill Newlands, who since his appointment in March has shown a determination to focus solely on the company's best-in-class brands.

Tags: point comment brands losses

 

Diageo proposes India merger to stem losses at Pioneer Distilleries

2019-12-03 15:42:00| Daily beverage news and comment - from just-drinks.com

Diageo is looking to consolidate its operations in India, proposing a folding in of loss-making Pioneer Distilleries to its United Spirits business.

Tags: india stem losses pioneer

 

Telecom Italia service revenues down 5.7% in Q3 on wholesale losses and competition, cuts debt

2019-11-08 09:28:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported a 5.7 percent year-on-year decline in third quarter service revenues to EUR 4.06 billion compared to falls of 0.4 percent, 2.5 percent and 2.9 percent in the previous three quarters, attributed mainly to a significant reduction in international wholesale contracts, partly offset by a 3.0 percent year on year rise in revenues at its TIM Brasil unit. The group's EBITDA after leases was down 4.3 percent to EUR 1.9 billion in the three months ending September compared with the same period of last year, though the margin inched up 0.7 percentage points to 44.6 percent thanks to cost containment initiatives.

Tags: service italia competition debt

 

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