With the Apple CEO Tim Cook nearing the milestone of leading the company for a decade now, he has also attainted another milestone of his on – he has now become a billionaire. With the jump in share price of… Read More ›
Day: August 11, 2020
Underlying Profits Of Domino’s In UK Battered By Pandemic
The biggest pizza delivery chain of the United Kingdom, Domino’s Pizza, reported a slump in its order during the novel coronavirus pandemic as customers were prevented from collecting orders because of the strict travel and movement restrictions imposed to prevent… Read More ›
New COVID19 outbreaks weighs on business confidence in Australia
In July, business condition in Australia rose with the service sector rebounding from a national lockdown; however confidence level took a direct hit following renewed Wuhan coronavirus outbreaks in the state of Victoria, Australia’s second most populous state. The country;s… Read More ›
Companies not following U.S. Accounting Standards will be delisted as of 2022: U.S. Treasury Secretary Steven Mnuchin
In a significant development, U.S. Treasury Secretary Steven Mnuchin stated, companies listed on the U.S. stock exchange, including Chinese ones, which do not comply with accounting standards will be delisted as of December 2021. U.S. officials and Mnuchin had recommended… Read More ›
Occidental Petroleum Corp posts $8 billion loss in Q2
In a statement Occidental Petroleum Corp, said, its second quarter loss has ballooned to $8.35 on lower energy prices and write-downs; it has been trying to reduce its debt load midst a the Wuhan coronavirus pandemic which has slashed the… Read More ›
