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WeWork reports loss of nearly $2.1bn ahead of stock market debut

2021-05-21 06:33:51| BBC News | Business | UK Edition

The troubled office-sharing startup's business was hit particularly hard by the coronavirus pandemic.

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Qantas accelerates cost cuts as $1.5bn loss looms

2021-05-20 05:09:50| BBC News | Business | UK Edition

The Australian flag carrier also said its debts had peaked as domestic travel returns to near-normal.

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Tata Motors: Jaguar Land Rover's Indian owner sees surprise $1bn loss

2021-05-19 05:34:27| BBC News | Business | UK Edition

Tata Motors wrote off $2bn due to its shakeup of Jaguar Land Rover and warned over the global chip shortage.

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Singtel to rethink strategy as it prepares to book almost $1bn loss

2021-05-14 02:00:00| Total Telecom industry news

Singtel has today announced that it expects to announce a net loss of $907 million in its upcoming full-year results. The losses come primarily due to the severe impairment of two of its US-based units, digital advertising platform Amobee and cyber-security firm Trustwave. As a result, Singtel has announced a major strategic review that could see significant restructuring of product or business segments…read more on TotalTele.com »

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Houston-based Occidental Petroleum Loss Narrows as Oil Prices Rebound

2021-05-10 22:50:00| OGI

Occidental Petroleum said adjusted loss attributable to common stockholders was $136 million, or 15 cents per share, for the March quarter, compared with a loss of $610 million, or 65 cents per share, in the fourth quarter.

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