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Continental Resources Profit Falls 20% On Weak Crude Prices

2019-08-06 01:52:48| OGI

U.S. oil producer Continental Resources Inc reported a 19.7% fall in quarterly adjusted profit on Aug. 5 as weaker crude and natural gas prices more than offset a rise in overall production.

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Weak pound boosting UK tourism industry

2019-08-02 23:24:33| BBC News | Business | UK Edition

Visitors from China, India and the US surge as sterling falls against most major currencies.

Tags: industry tourism weak pound

 
 

Qualcomm results up as Apple settlement offsets weak phone market

2019-07-31 22:55:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenues of USD 9.6 billion for its fiscal third quarter to June, up 73 percent from a year earlier thanks to resuming business with Apple. This helped offset a softer smartphone market, as the chipmaker awaits the ramp up of new 5G devices. 

Tags: results phone market apple

 

Samsung profit halves in Q2 on weak memory market, lower phone margins

2019-07-31 08:52:00| Telecompaper Headlines

(Telecompaper) Samsung's net profit in the second quarter more than halved, to KRW 5.18 trillion from KRW 11.04 trillion a year ago, due to a fall in results at its semiconductor business and lower profitability in smartphones. The company's revenues fell 56 percent to KRW 56.13 trillion, led by the decline in memory products. 

Tags: phone market lower memory

 

Pound sterling: 5 holiday destinations where a weak pound still goes far

2019-07-19 23:07:24| BBC News | Business | UK Edition

The pound may be falling, but there are still plenty of places it goes a long way. We look at five.

Tags: far holiday goes weak

 

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