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Coronavirus: US to borrow record $3tn as spending soars

2020-05-05 00:03:11| BBC News | Business | UK Edition

The sum is more than five times the previous quarterly record, in the 2008 financial crisis.

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Dutch FTTH coverage up 10% in 2019, new record in homes passed expected in 2020

2020-05-04 08:41:00| Telecompaper Headlines

(Telecompaper) The Netherlands added 287,000 new homes passed with FTTH in 2019, taking the total to 3.20 million. The 10 percent growth in the number of homes passed takes the country to around 40 percent of households with access to fibre, according to the Telecompaper annual report FTTH in the Netherlands 2020. The market is expected to grow at an even faster pace in 2020. 

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Berry Posts Record Net Sales, Up 53% in Q2

2020-05-01 15:23:53| Nonwovens Industry Breaking News

Sales growth attributed to RPC acquisition

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Meat Market Update | COVID pushes cutout to all-time record price

2020-04-30 14:55:00| Beef

Prices continue to march higher, breaking all-time records as COVID-19 continued to slow plants. Ed Czerwien, market analyst based in Amarillo, Texas, explains.

Tags: price market record update

 

Twitter user growth hits record highs but bottom line turns to loss in Q1

2020-04-30 14:12:00| Telecompaper Headlines

(Telecompaper) Twitter lifted daily user numbers by almost a quarter in Q1 but reported results under expectations, impacted by the coronavirus pandemic. Revenues for the quarter rose 3 percent year-on-year to USD 808 million, reflecting a strong start to the quarter and later heavy hit by the covid-19 virus. Twitter said reduced expenses partially offset the revenue shortfall, resulting in an operating loss of USD 7 million, against a profit of 94 million the year before. The net loss went to USD 8 million, with a diluted loss per share of USD 0.07, from a profit of 191 million and 0.25 per share.

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