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Lundin Energy Doubles Down on Arctic Oil with Idemitsu Deal

2020-10-05 15:19:34| OGI

Swedens Lundin Energy will buy stakes in several oil discoveries in the Barents Sea from Japans Idemitsu in a $125 million deal, Lundin said Oct. 5.

Tags: energy deal oil arctic

 

BMW Brilliance Automotive doubles production capacity for high-voltage batteries in China

2020-09-15 11:55:29| Green Car Congress

Tags: china production automotive capacity

 
 

Facebook doubles profit on strong growth in user numbers during Q2, sees pressure for ad revenue

2020-07-31 11:37:00| Telecompaper Headlines

(Telecompaper) Facebook doubled its net profit in the second quarter amid continued high engagement on its network amid the covid-19 pandemic, even as revenue growth slowed to 11 percent. The company noted however that it was seeing signs of normalisation in user growth and engagement as lockdown measures ease in some parts of the world, particularly in developed markets where the company's penetration is higher. The company expects the daily and monthly user growth to sequentially flatten or even decline in the third quarter as shelter-in-place measures restrictions continue to lessen.

Tags: user strong numbers growth

 

Amazon lifts revenues, doubles profit in Q2

2020-07-31 08:58:00| Telecompaper Headlines

(Telecompaper) After saying earlier that profits might suffer in the second quarter amid investments related to covid-19 pandemic, Amazon has reported a doubling of its operating and net profit, with revenues up 40 percent. 

Tags: amazon profit revenues doubles

 

Nestlé Waters North America Expands Use of 100% Recycled Plastic (rPET) in Three Additional Brands, Doubles rPET Use across U.S. Domestic Portfolio

2020-07-17 09:00:00| Waste Age

Ozarka, Deer Park and Zephyrhills join Poland Spring in using 100% rPET bottles in multiple sizes. All Nestlé Waters North America U.S. domestic packaging continues to be 100% recyclable.

Tags: us use additional north

 

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