According to the company’s reports, the net loss of the British oil and gas giant BP Plc., which belongs to shareholders, for the nine months of 2020 amounted to $ 21.663 billion against profit a year ago.
In terms of shares, the diluted loss of BP amounted to $ 1.07 against a profit of $ 0.2 for the same period in 2019. Revenue fell 1.6 times to $ 134.932 billion. BP’s production for the nine months was 3.522 million barrels of oil equivalent per day, which is 5.7% lower than a year ago.
In the third quarter, BP’s net loss to shareholders was $ 450 million, down 1.7 times from a year ago. Per share, the company’s diluted loss was $ 0.02 against a loss of $ 0.04 in the third quarter of 2019. BP’s revenue decreased by 36% to $ 44.202 billion.
Enterprises and institutions of the space industry of Ukraine increased the net loss to 1.038 billion hryvnias from January to September 2020. This is 23 times more than in the first nine months of last year. In 2019, for the same period, the net loss amounted to 44.3 million hryvnias, according to the press service […]
The net loss of the Japanese automaker Nissan Motor in the first half of 2020-2021 fiscal year amounted to 330 billion yen ($ 3.1 billion) against a profit of 65.4 billion yen (about $ 620 million) a year earlier, follows from the financial statements of the company. The loss per share was 84.33 yen ($ […]
AMC Entertainment Holdings, which owns the world’s largest network of cinemas, presented its financial report for the third quarter of 2020. His company ended with a net loss of $ 906.5 million – 16.5 times worse than last year. In the third quarter, the company’s cinemas began to reopen after a five-month of lockdown due […]
Shares of Nikola fell to 36.45% over the last week. Energy giant BP’s announcement on Wednesday that it is abandoning a potential partnership with Nikola, which exacerbated a number of problems faced by the startup in the recent days. Nikola planned to organize the production of its cars in partnership with other large manufacturers and […]
The Agrofusion agribusiness holding intends to invest $ 50 million in building a plant for processing tomatoes in the Mykolaiv region. This is stated in a message on the site of the Mykolayiv Regional State Administration. “The Agrofusion Company begins construction of a new plant for processing tomatoes in Snigirevskyi district, which will be the largest […]
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Ukrainian media notified again about the arrest of accounts of the shopping center Gulliver. The repeat arrest . It was publicized en masse, invoking the statement by the press service of the prosecutor’s office of Kyiv. According to the media, in a statement of the Metropolitan Prosecutor’s it is talking about the fact that “in […]
NextRecently, the Governor of the State of New York spoke with a proposal on the introduction of new banking rules that would have made the system more transparent; reduce the flow of illegal investments. Also, this way the authorities are hoping to protect the banking system from the terrorists. This week Cuomo plans to discuss […]
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The Ukrainian authority continues bank privatisation allowing. For the present, Anti-Monopoly Committee of Ukraine (AMCU) gives the permission to Sergei Tihipko of Universal Bank purchasing through the Bailican Limited Company. AMCU provides also allowance to Sergei Tihipko on the mediated acquisition through the T.A.S. Overseas investments Limited company . He intends to buy shares of […]
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Facebook has begun merging Messenger and Instagram chats into a single correspondence system. The Verge writes about it. Reportedly, till August 14, many users of both iOS and Android devices in the Instagram mobile application began to receive notifications about the possibility of correspondence with friends who use Facebook. After the update, the usual Direct […]
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Dutch-British oil and gas holding company Royal Dutch Shell has transferred a majority stake (51%) of its Malaysian business to local manufacturer – the company Malaysia Hengyuan International Ltd. It is reported by news portal Inventure with reference to the foreign media. According to official information, the transaction value gets at 66.3 million dollars. As […]
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EY Company provides an Accelerating Entrepreneurs Program, which helps to fast-growing startups to develop their business.Participants, who have passed the competition, will get the opportunity to take part in the complex program. It is included the personal consultations, networking and experience exchange. The program also is annexed the access to the strongest and extensive entrepreneurial […]
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Alfa-Bank intends to consolidate its Ukrainian unit with Ukrsotsbank, said the Chairman of the Board of Directors Peter Aven. “Association of Alfa-Bank and Ukrsotsbank can take years. Various options are possible for future transactions with UniCredit in Russia”, – Quotes Bloomberg agency his statement to journalists in Kiev. According to Aven, “Alfa-Bank” is going to […]
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The Kyiv Electric Car Repair Plant, owned by Ukrzaliznytsia, has entered into an agreement with DB Engineering & Consulting GmbH, a subsidiary of the German state company Deutsche Bahn, for business and management consulting services worth 1.08 million euros. Nashi Groshi reported this with reference to the data in the Prozorro system. It is noted […]
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The American pharmaceutical company Pfizer may apply for permission to use its oral drug for the treatment of COVID-19, at the end of this year. This was announced on Thursday by the Chairman of the Board and Chief Executive Officer of Pfizer Albert Burla. “In addition, our scientists are developing an oral drug to treat […]
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The ex-president and founder of the largest mobile operator Kyivstar Igor Litovchenko in Ukraine became the owner of the Wireless telecom provider SmartCommunications (TM Giraffe). Ukrainian edition Liga.net informed about this, referring to the State Register of natural persons-entrepreneurs and legal entities. According to official figures, Igor Lytovchenko is the owner of the Cyprus offshore Magnilda Holdings Ltd., which owns Giraffe. As said the […]
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The Cargill chances to prove the legitimacy of the withdrawal of assets from the Delta Bank in the amount of 2.5 billion USD are reducing. Yesterday, the Supreme Commercial Court partially satisfied the cassation of the liquidator Delta Bank, canceled the previous court decisions on the loan company “Yablunevyi dar” and returned the case in […]
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On Thursday, the British drugmaker AstraZeneca said it agreed to buy a controlling stake in the biotech company Acerta Pharma for $ 4 billion. Analysts point out that the operations that were carried out in the health sector helped to make 2015 a record year for mergers and acquisitions. In the legal field, the merger […]
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The German budget airline, which is one of the subsidiaries of the Lufthansa Group, will launch flights from Dusseldorf to Kiev on September 1. Data on the airline’s website indicate this. It is noted that the airline will operate flights on Mondays, Wednesdays and Fridays. Departure from Germany is scheduled at 11:30 (local time), arrival […]
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State CHPs for the management of the State Property Fund will be transferred to NJSC Naftogaz of Ukraine. The Prime Minister of Ukraine Denis Shmygal reported about it in Telegram. According to the head of the Cabinet of Ministers, the uninterrupted operation of thermal power plants, which provide people with heat and hot water, is […]
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The American corporation The Walt Disney Company has announced the forthcoming closure of the animated studio Blue Sky Studios, which has created a number of world-famous cartoons. Bloomberg announced this on Tuesday, February 9, citing a company statement. “Given the current economic situation, after much deliberation and evaluation, we have made a difficult decision to […]
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