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Real Estate Seen Hurt by Brexit Unease of Wait Now, Invest Later
2016-10-17 23:04:00| National Real Estate Investor
Global firms with substantial London operations are considering shifting staff to other nations on concerns that British Prime Minister Theresa May will be unable to strike a post-Brexit deal that preserves the right to sell goods and services freely around the European Union. read more
Tags: real
estate
later
real estate
Wall Street executives warn Brexit could hurt City
2016-09-21 13:42:35| BBC News | Business | UK Edition
The heads of investment bank Morgan Stanley and asset manager Blackrock have said the City of London is likely to suffer from Britain's vote to leave the EU.
French pay-TV losses hurt Vivendi's Q2 operating profit
2016-08-26 09:13:00| Telecompaper Headlines
(Telecompaper) Vivendi reported results for the second quarter below analysts' expectations, posting a year-on-year drop in EBITA of 41.5 percent to EUR 174 million. This negative performance was mainly driven by the ongoing losses of its pay-TV unit Canal Plus in France, which the company intends to redress with a EUR 300 million cost reduction plan, aimed to reach breakeven in France in 2018. Vivendi's Q2 adjusted net income dropped 3.1 percent to EUR 187 million on a comparable basis, while revenue declined to EUR 2.55 billion. Universal Music, Vivendi's second largest business unit, saw its profitability measures improve in the second quarter, with EBITA up 10.8 percent year-on-year. Conversely, performance at Canal Plus Group deteriorated significantly, suffering a 46.8 percent drop in EBITA to EUR 119 million, as the positive trend in its international operations only partly offset increased losses in France.
Tags: french
operating
profit
hurt
Feeling the heat? Corn production can be hurt by high temperatures and drought
2016-07-22 18:32:00| Corn & Soybean Digest
Jonathan Kleinjan, South Dakota State University The drought and heat can result in reduced kernel size. The heat and even dry conditions can impact corn yields. The good news is that in the later stages, it has less of an impact. read more
Tags: high
production
heat
feeling
Retailers hurt by drop in clothing sales
2016-07-21 11:25:32| BBC News | Business | UK Edition
UK retail sales fall by 0.9% in June, the biggest drop in six months, as clothing sales were hit by the wet weather.
Tags: sales
clothing
drop
hurt
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