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Laura Ashley appeals for funding as sales fall 10%

2020-02-17 09:37:42| BBC News | Business | UK Edition

The British retailer warns it will "consider all appropriate options" if it cannot raise the extra money.

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Research Shows Nigerias Oil Output Could Fall 35% Without Reforms

2020-02-14 16:01:21| OGI

Nigeria is Africas largest oil exporter, with output close to 2 million barrels per day (MMbbl/d), but it needs continual investment to maintain output as fields naturally decline.

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IEA: Oil Demand Set For First Fall In A Decade Due To Coronavirus Outbreak

2020-02-13 19:30:00| OGI

Oil demand in the first quarter of 2020 is expected to fall compared with a year earlier, the IEA said, noting it would be "the first quarterly decrease in more than a decade."

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Cisco raises dividend as profits improve despite 4% fall in revenue

2020-02-13 08:32:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal second quarter to January down 4 percent year-on-year to USD 12.0 billion, in line with its outlook. The company forecast a further decline of 1.5-3.5 percent in the current quarter. Profits were still higher in Q2, and Cisco raised its quarterly dividend by 3 percent to USD 0.36 per share.

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Smartphone production to fall 12% to 275 mln units in Q1 on Coronavirus - study

2020-02-11 11:55:00| Telecompaper Headlines

(Telecompaper) The virus will affect production in different ways: production will be lower due to the labour-intensive nature of the industry, to China's delay in work resumption and population movement control, and to a reduction in the public's willingness to buy. Another factor will be delays to the delivery of key components. 

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