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Thames Water leak woes hit profits

2018-12-06 10:00:39| BBC News | Business | UK Edition

The firm sees a big fall in half-year profits, saying extreme weather has caused a rise in leaks.

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Minimum wage rises 'hit profits, not jobs'

2018-11-27 13:45:28| BBC News | Business | UK Edition

Prices have risen in some sectors but fears of job losses have been unfounded, a report says.

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Royal Mail profits more than halve

2018-11-15 09:33:26| BBC News | Business | UK Edition

Boss says performance has been disappointing but vows to continue cutting costs and improving productivity.

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Indian merger weighs heavy on Vodafone profits

2018-11-13 01:00:00| Total Telecom industry news

Vodafone Group has posted a loss of €7.8 billion, in CEO Nick Read's first set of half yearly financials. Revenues also slipped to €21.8 billion at the telco. Vodafone attributed the loss to costs associated with its merger with Idea Cellular in India, a move that it hopes will deliver sustainable…read more on TotalTele.com »

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Lenovo quarterly profits up as Motorola reaches breakeven

2018-11-08 08:57:00| Telecompaper Headlines

(Telecompaper) Lenovo reported a strong improvement in results for its fiscal second quarter, supported by a return to breakeven at Motorola and continued growth in the PC business. Group revenue reached USD 13.4 billion, up 14 percent year-over-year, and operating profit more than tripled, to USD 290 million from USD 88 million a year ago. The net profit increased 21 percent to USD 168 million, and Lenovo proposed a stable interim dividend of HKD 0.06 per share.

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