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The Brazilian state oil and gas and petrochemical company, Petrobras, in the second quarter of 2018 increased its net profit 32 times year-on-year to 10 billion 70 million reals. A significant increase in the index was facilitated by the recovery of oil prices. Adjusted EBITDA increased by 57% to 19 billion 100 million reals. Quarterly revenue amounted to 74.5 billion reals, increased by 9%. By June 30, net debt of Petrobras decreased by 13% compared to December last year and amounted to 73 billion 700 million dollars. Since the beginning of the year, the company's capitalization has grown by more than a third to 281 billion 300 million reals.
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
Japan’s first-quarter business spending came smaller than what was initially estimated, revised data showed on Monday. This underscored a sharper damage that the novel coronavirus pandemic had inflicted on the world’s third-biggest ...
China’s industrial firms had seen an increase in profits for two consecutive months. This came as the most rapid pace ever recorded in over a year, suggesting that the country’s recuperation from the novel coronavirus pandemic ...
SensorTower announced on Wednesday that Apple (AAPL) removed more than 2,500 games from the China App Store in the first week of July. The move came after the U.S. tech giant closed a loophole to comply with China’s license requirements. Apple ...
China saw its factory gate data for June perform better than expected on Thursday morning. However, persistent deflation indicated that the impact from the COVID-19 pandemic still continues to linger. The data, released by the National Bureau ...
KYC Policy