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Energy company Uniper reported a 31.1% reduction in net loss in 2018 to 452 million euros. Revenue amounted to 78 billion 180 million euros, an increase of 8.2% over the last year. At the same time, the company recorded a decrease in the adjusted EBIT by 22.4% to 865 million euros, which, nevertheless, is in line with its forecast. In a press release, Uniper notes that its financial goals for 2018 have been achieved. It is also indicated that annual indicators were affected by the write-off of several assets in Germany in the amount of 681 million euros. The current year’s Uniper goal is to achieve an adjusted EBIT of between 550 million and 850 million euros.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
On Friday, Caterpillar Inc (CAT.N) announced a lower second-quarter profit because of the recession caused by the coronavirus outbreak. The decline was due to lower sales volume and changes in dealer inventories. During the second quarter ...
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 diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
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 ...
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