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Job loss fears as furlough lifeline starts to wind down
2020-10-01 01:00:45| BBC News | Business | UK Edition
Firms face higher furlough costs from Thursday, as Labour warns millions of jobs hang in the balance.
Matalan in management reshuffle as CEO steps down
2020-09-11 14:33:00| Daily apparel & textile news and comment - from just-style.com
Jason Hargreaves is to step down as CEO of UK value clothing retailer Matalan after leading the company for seven years.
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management
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ceo
Redundancy advice calls triple as furlough scheme winds down
2020-08-05 01:02:29| BBC News | Business | UK Edition
Conciliation service Acas says thousands more people are calling for redundancy advice.
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advice
calls
scheme
Nokia restores guidance as margins improve in Q2, sales down 11%
2020-07-31 08:47:00| Telecompaper Headlines
(Telecompaper) Nokia reported second-quarter sales down 11 percent year-on-year to EUR 5.09 billion, hurt by the effects of the Covid-19 pandemic and weakness in China. However, the company continued to improve profitability, thanks to its restructuring, and adjusted net earnings rose 20 percent to EUR 0.06 per share. With the impact of the pandemic less than expected in Q2, the group returned to its previous guidance for the full year.
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sales
improve
nokia
Ooredoo Kuwait revenue falls 5% in H1, customer base down 3%
2020-07-23 09:38:00| Telecompaper Headlines
(Telecompaper) Ooredoo Kuwait said that revenues decreased by 5 percent to KWD 294.1 million in the first six months to 30 June from KWD 310.4 million a year earlier. Revenues in Kuwaiti dinars were hit by lower sales in Kuwait, substantial support for local customers free of charge, a decrease in Algerian revenue mainly due to the weak economic environment, currency devaluation, price competition and the impact of Covid-19 and related business limitations in all operations.
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customer
base
falls