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Shopping centre owner Intu hit by store slump
2019-05-03 08:56:29| BBC News | Business | UK Edition
Lakeside, Trafford Centre and Metrocentre owner Intu blames retail downturn for a "challenging" 2019.
Tags: shopping
store
hit
centre
Global sports sponsorship 'to hit 35bn' in 2019
2019-05-02 07:52:02| BBC News | Business | UK Edition
But sports rights-holders may be under-exploiting the value of sponsorship deals, a report says.
Tags: sports
global
hit
sponsorship
Vodafone and Huawei hit back over security allegations
2019-05-01 02:00:00| Total Telecom industry news
Vodafone and Huawei have hit back over news reports claiming that Vodafone had uncovered evidence of sub-par security in Huawei's network architecture, calling them misleading and false. Earlier this week, a Bloomberg report claimed that Vodafone had found evidence that Huawei left back doors in its telecoms equipment that undermined the security of its networks &ndash…read more on TotalTele.com »
Tags: back
security
hit
vodafone
Alphabet lifts revenues in Q1 but profit hit by EU fine, higher R&D
2019-04-30 09:17:00| Telecompaper Headlines
(Telecompaper) Alphabet, the parent company of Google, said revenues for first quarter lifted to USD 36.339 billion from 31.146 billion the year before, an increase of 17 percent that was a bit slower than previous quarters. Profit was hit by the EUR 1.5 billion fine from the European Commission for anti-competitive practices with its AdSense for Search product. This meant that the operating profit fell to USD 6.608 billion from 7.633 billion, while the net profit sank to USD 6.657 billion from 9.401 billion, with diluted earnings per share at USD 9.50 from 13.33. Without the fine, the operating profit would have reached USD 8.305 billion and the net profit USD 8.339 billion. Finally, the operating margin slipped to 18 percent from 25 percent.
Total Profits Hit By Volatile Oil Prices Despite Record Output
2019-04-26 18:19:53| OGI
Total's adjusted net profit, which was down for the first time since the fourth quarter of 2016, was hit by lower oil prices, with the Brent price averaging $63 per barrel in the January to March period, down 6% year-on-year.
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