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Asos in "better position" over peers to weather virus storm - What the analysts say
2020-04-08 14:01:00| Daily apparel & textile news and comment - from just-style.com
UK online fashion retailer Asos has posted a 653% jump in first-half profits to GBP30.1m (US$37.2m) and a 21% jump in revenues to GBP1.6bn for the six months ending 29 February. But the impact of coronavirus and the related containment actions that have been taken are starting to weigh on its numbers, with a 20-25% drop in sales over the last three weeks alone. The retailer has taken a series of steps to future-proof its business including a share sale and the appointment of a new chief strategy officer.
OPEC+ to Likely Cut Production If US Joins Effort, Sources Say
2020-04-07 11:10:00| OGI
Major U.S. oil companies and industry groups are opposed to mandated cuts, which would be an extraordinary step in the United States.
Tags: say
production
sources
cut
Post-crash Dallas Fed Survey: Oil Patch in Survival Mode, Workers Say
2020-03-26 18:30:00| OGI
The Dallas Feder Reserve Bank's quarterly survey of economic activity released on March 24 illustrates how swiftly things turned. The numbers are bad. The comments are dire.
Few US Shale Producers Can Withstand Prolonged Oil Price War, Analysts Say
2020-03-16 18:15:44| OGI
Just 16 U.S. shale companies operate in oil fields where the average new well costs are below $35 per barrel, according to Rystad Energy.
CRE Brokers Limit Face-to-Face Meetings and Conference Plans. But the Impact on Deal Activity Has Been Limited, They Say
2020-03-16 03:32:00| National Real Estate Investor
Lower interest rates are mitigating the impact of the virus impact on deal activity, CRE brokers say.
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