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China Unicom warns for sharp fall in Q1 profit
2016-04-19 12:19:00| Telecompaper Headlines
(Telecompaper) China Unicom has warned of a sharp fall in profit on lower service revenue in the first quarter. Despite showing a recovery in the mobile market with net additions of 6.61 million subscribers, the company said mobile service revenue was down 1 percent year-on-year, at CNY 36.2 billion. Total revenue at the operator was CNY 60.8 billion, according to the preliminary report, an increase both year-on-year and versus Q4 2015. However, net profit fell by around 85 percent to CNY 480 million, mainly due to a 16 percent rise in selling and marketing expenses and a 37 percent increase in network, operation and support expenses.
Lloyds warns of Brexit 'uncertainty'
2016-04-14 16:45:19| BBC News | Business | UK Edition
Lloyds Banking Group has warned a UK vote to leave the EU would cause short term "economic uncertainty".
Tags: uncertainty
warns
lloyds
brexit
UL Warns of Potential Hazards from Improper Installation of Lighting Retrofit Kits
2016-04-14 16:39:00| Electrical Construction & Maintenance
UL has issued a warning over the growing number of reports of improperly installed and uncertified retrofit lighting kits that may pose a fire or shock hazard. read more
Tags: potential
installation
lighting
kits
Bank warns EU vote may hit growth
2016-04-14 13:42:52| BBC News | Business | UK Edition
The Bank of England has warned the EU referendum could hurt growth in the first half of this year as it held interest rates at 0.5%.
Burberry warns of 'challenging' year
2016-04-14 09:02:33| BBC News | Business | UK Edition
Luxury fashion firm Burberry warns of a "challenging" luxury market ahead, as sales 1% in the second half of its prior financial year.
Tags: year
challenging
warns
burberry
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