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Tag: loss
Diamondback Energy Posts Second-quarter Loss on $2.54 Billion Charge
2020-08-03 23:00:00| OGI
Diamondback Energy also decreased its cash operating costs dramatically in the second quarter, according to CEO Travis Stice, some of which he expects to become permanent.
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loss
charge
energy
Coronavirus holiday claims push Hiscox into a loss
2020-08-03 13:56:33| BBC News | Business | UK Edition
The insurer says cancelled travel and events means it has set aside $232m to cover claims.
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holiday
claims
push
Cambodia shoe sector in fresh plea to EU as trade loss looms
2020-07-31 16:28:00| Daily apparel & textile news and comment - from just-style.com
Cambodia's footwear industry has reiterated calls for the European Commission to postpone the partial withdrawal of the country's preferential access to the EU market under the Everything But Arms (EBA) trade scheme - claiming the move will encourage buyers to shift sourcing from Cambodia to other countries.
Brazils Petrobras Posts $500 Million Loss Despite Record Exports to China
2020-07-31 15:45:49| OGI
Falling oil prices hurt company as it pursues a volume-over-price strategy.
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china
record
million
Phillips 66 Posts Quarterly Loss as Pandemic Slams Fuel Demand
2020-07-31 15:07:49| OGI
U.S. refiner Phillips 66 on July 31 reported a quarterly loss compared to a year-ago profit, as coronavirus-led restrictions on businesses and travel destroyed fuel demand and hurt margins.
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