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Latest Articles in revenue

Delta Airlines Applies For US Aid Amid Expectations Of A 90% Drop Revenue

Delta flew about 38,000 customers compared with about 600,000 passengers who fly on a normal Saturday in late March.

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Coronavirus Threatens Retail Jobs, Indian Retailers See Revenue Hit

In India, the virus threatens an economy that was already hit by a slowdown in consumption that has bruised demand for everything from cars to clothes to chocolates.

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Samsung Flags Chip Recovery, Shrinking Phone Market Amid Coronavirus Outbreak

The global smartphone market was expected to turn to growth this year, but with virus showing signs of being prolonged, the smartphone market is contracting. But 5G smartphone demand is expected to rise,

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Telecom industry revenue recovery led by tariff hikes to be monitored: Ind-Ra

Ind-Ra said the recent tariff hikes have resulted in an increase in average revenue per user (ARPU) of all three major telcos in the range of 2 to 7 per cent quarter-on-quarter.

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Virus-Hit Gulf Has Little Room To Boost Revenue After Oil Price Shock

With debt of only around 20% of GDP, it can continue to borrow to finance its deficit, but may opt instead to utilise reserves, which stood at around 469 billion riyals ($124.96 billion) in 2019.

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China's Finance Ministry First-Quarter Fiscal Revenue Affected By Coronavirus

The finance ministry said China's local governments would suffer an "interim impact" on fiscal revenue and expenditure from the virus epidemic.

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India Increases Fuel Taxes In A Bid To Shore Up Revenue

Global oil prices posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia.

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India Faces Revenue Fall As Coronavirus Bites Economy

The company's share prices have fallen by over 27% since January while the broader NSE Nifty 50 index has fallen by nearly 20% following a panic in global markets.

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Tata Motors Warns Of JLR Profit Hit Due To Coronavirus

Tata Motors warned in January the coronavirus could impact its profit margin forecast of around 3% for the JLR unit for the fiscal year 2020 at a time when it was making progress on a turnaround plan to improve sales in China.

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British Airways Owner Says Earnings Bets Are Off As Coronavirus Hits

IAG reported a 5.7% drop in operating profit to 3.285 billion euros, slightly ahead of a downgraded forecast of 3.27 billion euros it gave in September when it said a pilots strike would result in a 215 million euros hit.

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Dell's Data Center Business Drags On Fourth Quarter Revenue

Revenue from the company's infrastructure solutions group, that houses its data centre business, fell more than 11% to $8.76 billion in the fourth quarter ended Jan. 31, missing estimates of $9.61 billion.

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After Mastercard, Paypal Sees Revenue Hit From Coronavirus Outbreak

Mastercard Inc said its net revenue in the first quarter would take a hit of 2%-3% over its previous forecast if the coronavirus outbreak persists through the quarter.

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Reckitt To Spend 2 Billion Pounds On Growth After Big Writedown

The British maker of Dettol antiseptic and Strepsils lozenges reported like-for-like 2019 sales growth of 0.8% in line with guidance but that lagged peers such as Procter & Gamble which are targeting 3-5% expansion.

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Ford's Incoming COO Focuses On Cost Cuts, Launches, Change

Ford is restructuring globally and faces slumping demand in China, its second-largest market. Chief Executive Jim Hackett has said the No. 2 U.S. automaker needs to move with greater speed.

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Coronavirus Disrupts Sports Events, Affects Stadiums' Revenue: Fitch

The outbreak were to be prolonged or uncontained, resulting in further cancellations of major events such as the Tokyo 2020 Olympic Games, the negative effect on stadium transactions will be deeper.

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