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Zalando warns on "significantly lower" Q1 amid Covid-19

2020-03-31 16:14:00| Daily apparel & textile news and comment - from just-style.com

German fashion e-tailer Zalando expects its first-quarter results to be "significantly" below analysts' consensus earlier this month, which did not take into account the effects of the coronavirus.

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Coronavirus: Millions will be left in poverty, World Bank warns

2020-03-31 10:31:23| BBC News | Business | UK Edition

"Significant economic pain seems unavoidable in all countries, the World Bank warns.

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US Shale Executive Warns Global Oil Glut Will Not Clear Soon

2020-03-25 10:10:00| OGI

Most of EOG Resources's activity this year will be in the Eagle Ford Shale and the Permian's Delaware Basin, a company executive said, adding it could reduce some plans if necessary.

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BGMEA chief warns of unrest if Bangladesh orders cancelled

2020-03-24 13:43:00| Daily apparel & textile news and comment - from just-style.com

The president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has urged international apparel brands not to delay shipments or cancel orders, warning that to do so could result in factories failing to pay workers and subsequently create social unrest across the country.

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Twitter warns of Q1 operating loss on advertising slump during pandemic

2020-03-24 08:42:00| Telecompaper Headlines

(Telecompaper) Twitter has warned of lower revenues and an operating loss in the first quarter, as the Covid-19 outbreak dampens advertising revenues. The company said it was withdrawing its previous guidance in the first quarter as well estimates for expenses, stock-based compensation, headcount and capital expenditures for the full year due to the growing impact of the pandemic on the economic climate and advertiser demand.

Tags: advertising loss operating warns

 

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