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.... But it also charges them whatever it costs to hire a replacement, which it said was £216 a day. For Ibrahimov it meant a net loss of £789 while he recovered from his work injury. ... [Read full article on Guardian ]
Sunday 19th of March 2017 03:48:49 PM
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Latest Finance News related to Net Loss

UK Mail driver who was unable to work after car accident charged £800 image
.... But it also charges them whatever it costs to hire a replacement, which it said was £216 a day. For Ibrahimov it meant a net loss of £789 while he recovered from his work injury. ...
Cathay Pacific sees first annual loss in eight years image
Source : BBC [Read Article] Wednesday 15th of March 2017 05:47:20 AM
....Too many empty seats and increasing competition from mainland Chinese carriers contributed to the poor results, the airline said. The net loss of HK$575m ($74m; £60. ...
Deutsche Bank examined Trump's account for Russia links image
Source : Guardian [Read Article] Thursday 16th of February 2017 12:31:00 PM
....Sarah Huckabee Sanders, deputy press secretary at the White House, referred queries to the Trump Organisation, which did not respond to a request for comment. Trump and his businesses have a long history with the German bank, which this month posted its latest net loss, of €1. ...
Toshiba fuels fear of crisis after delaying earnings report image
Source : Guardian [Read Article] Tuesday 14th of February 2017 08:26:41 AM
. Toshiba has unexpectedly delayed the release of a key earnings report and details of its rumoured withdrawal from overseas nuclear projects – including one in the UK – amid reports that it could suffer net losses of 500 billion yen ($4. ...
PM to reaffirm green belt pledge despite plans to ramp up housebuilding image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:34:41 PM
....The number of homes granted planning permission on green belt land rose fivefold from 2,258 in 2009-10 to 11,977 in 2014-15, according to the House of Commons library. The net loss of green belt land between 2004 and 2014-15 amounts to 41,570 hectares (103,000 acres). ...
Is Snapchat the new Facebook? image
Source : Guardian [Read Article] Friday 3rd of February 2017 07:13:50 PM
.... But Facebook only turned its first profit in 2009. Snap, which is spending a lot of money on expanding its user base, made a net loss of $515m in 2016 – up on the $373m it lost in 2015. ...
Snapchat to make high-profile stock debut after revealing IPO plans image
Source : Guardian [Read Article] Thursday 2nd of February 2017 10:54:42 PM
.... But losses more than wiped out those gains. The company reported a net loss of $514. ...
Japanese insurance firm replaces 34 staff with AI image
Source : BBC [Read Article] Thursday 5th of January 2017 03:43:57 PM
.... . A study by the World Economic Forum predicted last year that the rise of robots and AI will result in a net loss of 5. ...
Mexico and Mr Trump: What will happen to trade ties? image
Source : BBC [Read Article] Wednesday 4th of January 2017 11:59:36 PM
....9 million family farmers were displaced. Some found work with big exporting agricultural companies, but there was still a net loss of 1. ...
Boohoo set to bid for US fashion label Nasty Gal image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:11:19 PM
....Boohoo said that Nasty Gal was a “bold and distinctive brand for fashion-forward, free-thinking young women” and that acquiring it could accelerate the group’s international expansion, particularly in the US. Nasty Gal made a net loss of $21m on revenues of $77. ...
Mitsubishi wants to triple executives' annual pay image
Source : BBC [Read Article] Thursday 1st of December 2016 09:59:02 AM
....Mitsubishi has suffered heavy losses resulting from the scandal. It has forecast a net loss of 145bn yen for the current financial year. ...
Twitter to cut jobs as revenue growth slows image
Source : BBC [Read Article] Thursday 27th of October 2016 11:23:41 AM
....Twitter remained heavily in the red in the quarter with a $102. 8m net loss, down from a $131. ...
Monte dei Paschi shares suspended after 23% fall image
Source : BBC [Read Article] Tuesday 25th of October 2016 11:31:01 AM
.... . On Tuesday, it reported a net loss of €1. ...
Rising London house prices spark departure of thirtysomethings image
Source : Guardian [Read Article] Monday 26th of September 2016 04:05:47 PM
....The number of thirtysomethings leaving London has leapt in recent years as high housing costs have forced people to move out of the capital, according to campaigners. Analysis by the group Generation Rent showed that 65,890 people in their 30s moved from London to another part of the UK in 2014-15, a net loss of 30,410 in that age group. ...
Scunthorpe sale costs hit Tata Steel image
Source : BBC [Read Article] Monday 12th of September 2016 12:08:25 PM
....9bn rupees (£370m) when it sold its European long products division, based in North Lincolnshire, to Greybull Capital in April for a nominal sum. Tata Steel made a net loss of 31. ...
Mitsubishi to stop selling eight models in fuel scandal image
Source : BBC [Read Article] Tuesday 30th of August 2016 11:06:40 AM
....In May, the firm's president, Tetsuro Aikawa, stepped down. Mitsubishi Motors also forecast a huge loss in the wake of the scandal, saying in June it expected a net loss of 145bn yen for the current business year. ...
Mining giant BHP slumps to record loss image
Source : BBC [Read Article] Tuesday 16th of August 2016 07:14:54 AM
.... . The Anglo-Australian commodities firm reported an annual net loss of $6. ...
Bank account switching falls by 5% despite incentives image
Source : BBC [Read Article] Tuesday 19th of July 2016 11:25:03 PM
....Of those who did switch, the Halifax proved to be the most popular new bank, attracting 31,000 customers. Barclays was the biggest loser, with a net loss of 27,000. ...
Blackberry loss widens to $670m image
Source : BBC [Read Article] Thursday 23rd of June 2016 02:21:23 PM
. Blackberry has reported a $670m (£450m) net loss in the last three months, almost triple the loss it made in the previous quarter. ...
LinkedIn’s rapid 14-year growth led to $26.2bn Microsoft deal image
Source : Guardian [Read Article] Monday 13th of June 2016 04:01:20 PM
.... The company, based in Mountain View, California, next to Google’s base, has expanded rapidly outside the US, buying companies and hiring staff. Last year, LinkedIn’s revenues were almost $3bn but it recorded a net loss of $166m. ...
Tata Steel must commit for the long haul, says Stephen Kinnock image
Source : Guardian [Read Article] Sunday 29th of May 2016 05:40:03 PM
.... But Tata’s financial position has improved. On Wednesday, it group net losses of 32. ...
BHP Billiton faces £30bn compensation claim over Brazil dam disaster image
Source : Guardian [Read Article] Wednesday 4th of May 2016 12:26:35 PM
.... BHP is already struggling with a collapse in its profits as it struggles to cope with rock bottom iron ore, coal and oil prices. In February the group reported a half-year net loss of $5. ...
Leicester won the league but the bookies were far from beaten image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 06:22:26 PM
.... The part of the tale that is correct is that the Foxes’ triumph, at odds that started the season at 5,000-1, ensured a loss for most bookmakers on the thin market in predicting the outright winner of the Premier League. William Hill, for example, is paying out £3m for a net loss of £2. ...
Leicester won the league but the bookies were far from beaten image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 06:22:26 PM
.... The part of the tale that is correct is that the Foxes’ triumph, at odds that started the season at 5,000-1, ensured a loss for most bookmakers on the thin market in predicting the outright winner of the Premier League. William Hill, for example, is paying out £3m for a net loss of £2. ...
Royal Bank of Scotland losses hit £60billion since Government bailout image
Source : Daily Express [Read Article] Sunday 1st of May 2016 12:01:00 AM
....1billion to lift its block on investor dividend payments. That takes its net losses attributable to shareholders to £59. ...
Affordable housing sell-off 'would add £4bn to benefit bill' image
Source : Guardian [Read Article] Tuesday 19th of April 2016 06:00:16 AM
....Labour argues that neither these homes nor the sold-off council houses will in practice be entirely replaced. It took Shelter’s predictions of net losses and calculated the extra burden on the housing benefit bill with the help of consultancy PriceWaterhouseCoopers. ...
British Gas loses 224,000 customers in three months amid anger over boss' £3.7m salary image
.... Centrica revealed it has his year axed 800 jobs, less than a third of the 3,000 roles it intends to cut this year as part of its plans to save of £750million over five years. The group announced last July that it would cut 6,000 posts over five years - around 10 per cent of its workforce - although 2,000 jobs will be created, so the net loss will be 4,000. ...
Martha Lane Fox to join Twitter board image
Source : BBC [Read Article] Friday 8th of April 2016 02:07:05 PM
.... . Twitter has suffered some poor financial results lately, with a quarterly net loss of $90m (£64m) reported in February. ...
Tesla Model 3 orders total 276,000 image
Source : BBC [Read Article] Sunday 3rd of April 2016 10:04:26 AM
.... Most of those were its Model S saloon, which overtook Nissan's Leaf to become the world's best selling pure-electric vehicle. But the firm still posted a net loss of $889m (£620m) for 2015, partly because it spent $718m on research and development over the period. ...
Blackberry squeezed as sales slump image
Source : BBC [Read Article] Friday 1st of April 2016 02:35:06 PM
.... . It swung to a net loss of $238m for the quarter, compared with a profit of $28m for the same period last year. ...
Tesla launches 'affordable' Model 3 image
Source : BBC [Read Article] Friday 1st of April 2016 04:00:57 AM
.... Most of those were its Model S saloon, which overtook Nissan's Leaf to become the world's best selling pure-electric vehicle. But the firm still posted a net loss of $889m (£620m) for 2015, partly because it spent $718m on research and development over the period. ...
Petrobras posts $10bn quarterly loss image
Source : BBC [Read Article] Tuesday 22nd of March 2016 12:37:47 AM
....Brazil's Petrobras, which is at the centre of a massive corruption scandal, has posted its biggest ever quarterly loss due to the plunge in oil prices. The state oil firm's net loss widened to 36. ...
Rio Tinto boss Sam Walsh to retire image
Source : Guardian [Read Article] Thursday 17th of March 2016 10:14:10 AM
....”. The changeover at the top came as Rio – which is heavily reliant on iron ore – posted an annual net loss of $866m (£606m) in 2015 because of tumbling commodity prices which have squeezed the both small and big players in the sector. ...
British Gas owner Centrica's CEO earns £3m in his first year image
Source : Guardian [Read Article] Wednesday 16th of March 2016 01:19:33 PM
.... Weak performance in British Gas business and direct energy services was offset by good results elsewhere in the group,” it said in a statement. Elsewhere, the remuneration committee praised Conn for his new programme to make the group more efficient, but there is no mention of the 4,000 net loss in jobs planned for Centrica, 10% of the total workforce. ...
E.ON blames losses on power price slump and German renewable push image
Source : Guardian [Read Article] Wednesday 9th of March 2016 01:52:49 PM
....The German power group announced a €7bn (£5. 4bn) net loss for 2015 just 24 hours after another big six supplier, npower, reported UK losses of €130m and unveiled plans to cut 2,400 jobs in Britain. ...
Is the wind industry still a safe bet for investors? image
Source : Guardian [Read Article] Wednesday 9th of March 2016 12:38:18 PM
.... Relations were in turmoil as the chair, deputy chair, chief financial officer and deputy chief executive left in quick succession. The CEO himself followed one year later as net losses escalated sevenfold to £53m. ...
E.On sees losses more than double image
Source : BBC [Read Article] Wednesday 9th of March 2016 07:56:15 AM
....German energy firm E. On has said its annual net losses more than doubled in 2015 to €7bn (£5. ...
Slater & Gordon targeted by aggrieved investors for potential class action image
Source : Guardian [Read Article] Monday 29th of February 2016 02:20:33 PM
....Related: Slater & Gordon loses half its stock value over proposed cuts to whiplash claims. Slater & Gordon, which has 3,800 employees in the UK, has reported a AUS$958m (£494m) net loss for the six months, due primarily to the large writedown in the value of its UK business. ...
Thai Airways sees return to profit image
Source : BBC [Read Article] Monday 29th of February 2016 12:28:33 PM
Foxconn to delay $4.3bn Sharp takeover image
Source : BBC [Read Article] Thursday 25th of February 2016 05:46:43 AM
....Read Karishma in full. Earlier this month, as it was considering several takeover offers, Sharp posted a bigger-than-expected net loss of $918m (£630m) for the April-to-December period. ...
LSE and Deutsche Börse: an Anglo-German pact in the shadow of Brexit image
Source : Guardian [Read Article] Tuesday 23rd of February 2016 07:55:10 PM
....The mismatch looked like a triumph of hope over experience, and so it has proved as commodity prices have continued to fall. The net loss for the latest half-year was $5. ...
Asia shares mixed as oil prices rise image
Source : BBC [Read Article] Tuesday 23rd of February 2016 02:26:11 AM
.... . For the six months to December, it reported a huge half-year net loss of $5. ...
BHP Billiton slashes dividend after slumping to $5.67bn loss image
Source : Telegraph [Read Article] Monday 22nd of February 2016 11:47:19 PM
.... . The Anglo-Australian miner slashed its dividend for the first time in 15 years - from 62 cents to 16 cents - after slumping to a net loss of $5. ...
BHP Billiton sinks to $5.67bn loss image
Source : BBC [Read Article] Monday 22nd of February 2016 11:36:53 PM
. Mining giant BHP Billiton has posted a huge half-year net loss of $5. ...
BHP Billiton reports half-year loss of £4bn image
Source : Guardian [Read Article] Monday 22nd of February 2016 10:43:29 PM
. The mining company BHP Billiton has reported a half-year net loss of $5. ...
Bombardier to axe 1,000 UK jobs in restructuring image
Source : Telegraph [Read Article] Wednesday 17th of February 2016 12:46:29 PM
....5pc at $18. 2bn, and the net loss widened to $5. ...
Bombardier to cut 7,000 jobs worldwide image
Source : BBC [Read Article] Wednesday 17th of February 2016 11:28:59 AM
.... The UK rail business employs 3,500 people. The firm said it had made a net loss of $5. ...
South Australia negotiating bailout for Arrium to prevent Whyalla steelworks closure image
....Related: Christopher Pyne backs Belgian trying to save Holden plant in South Australia. Arrium, which has reported a first half net loss of $235. ...
Anglo American plans to hasten coal and iron ore sell-offs as profits halve image
Source : Guardian [Read Article] Tuesday 16th of February 2016 01:40:09 PM
....Analysts at Royal Bank of Scotland predicted last month that the dividends of oil and mining companies would come under threat from the gloom sweeping through the global economy. Rio Tinto, Anglo American’s larger competitor, scrapped a pledge to maintain its dividend last week after slumping to a net loss for 2015 and posting its worst underlying earnings in 11 years. ...
British Gas profits expected to have fallen as global commodity price plunge continues image
....The moves come after Centrica completed a strategic review last July, under chief executive Iain Conn, which is aimed at delivering savings of £750million over five years. The firm said 6,000 posts would be cut across the group, around 10 per cent of its workforce – although 2,000 new jobs will be created, so the net loss will be 4,000. ...
#Twitter crisis? Not if it decides that it can be a smaller, smarter platform image
.... It turned out that the company had just released its last quarterly return for 2015. It had revenues of $710m (£490m) and a net loss of $90m, which means that – compared with the same quarter last year – revenue was up 90% and losses were down by 27%. ...
Slump hits Rio Tinto's dividend policy ahead of a tough year image
Source : Daily Express [Read Article] Friday 12th of February 2016 12:01:00 AM
....Rio’s underlying annual earnings plunged by 51 per cent to $4. 54 billion but it posted a net loss of $866 million after project write-downs. ...
Big mining finds what goes up must come down image
Source : Guardian [Read Article] Thursday 11th of February 2016 07:50:41 PM
.... Instead, he has tried to restore Rio’s reputation for being boring and conservative. A net loss of $866m for 2015 isn’t exactly boring – and nor is the 51% plunge in underlying earnings to $4. ...
Rio Tinto slumps to loss in 2015 after metal prices plummet image
Source : Guardian [Read Article] Thursday 11th of February 2016 08:50:00 AM
....15 a share – although below the higher market forecasts – at a time when its peers are expected to cut or suspend their payouts to shore up their balance sheets. Rio reported a net loss of $866m (£599m), hammered by $1. ...
Rio Tinto reports slump in profits image
Source : BBC [Read Article] Thursday 11th of February 2016 07:41:27 AM
...." . It reported an annual net loss of $866m, hit by impairment charges of about $1. ...
Twitter hit by faltering user growth image
Source : BBC [Read Article] Wednesday 10th of February 2016 10:26:50 PM
.... . Twitter reported a net loss of $90m (£62m) for the last three months of 2015 versus a loss of $125m a year ago. ...
Britons shun Disneyland Paris following terrorist attack image
Source : Telegraph [Read Article] Tuesday 9th of February 2016 10:28:20 PM
.... . Last year Euro Disney cut net losses by 10pc to €84. ...
ArcelorMittal slumps to $8bn loss image
Source : BBC [Read Article] Friday 5th of February 2016 07:38:25 AM
....4bn) as the world's biggest steelmaker was hit by plunging commodity prices. The net loss included $4. ...
Credit Suisse posts first loss since 2008 image
Source : Guardian [Read Article] Thursday 4th of February 2016 12:09:25 PM
....Four months after Thiam set out his strategy, many analysts are still unsure how Credit Suisse will hit growth targets, which include more than doubling Asia Pacific pretax income by 2018. The bank posted a 2015 net loss of 2. ...
Sharp posts loss amid bailout talks image
Source : BBC [Read Article] Thursday 4th of February 2016 07:03:03 AM
. Japanese electronics firm Sharp posted a net loss of $918m (£630m) even as it considers multiple bailout offers. ...
Lloyds Bank to cut 1,755 jobs and shut 26 branches image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 03:55:47 PM
.... . Despite the cuts, Lloyds plans to hire an extra 170 workers in its retail, commercial banking and group legal divisions, leaving the net losses at roughly 1,585. ...
TalkTalk counts costs of cyber-attack image
Source : Guardian [Read Article] Tuesday 2nd of February 2016 09:50:51 AM
....TalkTalk lost 101,000 customers and suffered costs of £60m as a result of a cyber-attack on the company in October, but said business was returning to normal. The telecoms company said the net loss of customers in the three months to the end of December reflected fewer connections and greater “churn” as customers chose to leave. ...
McDonald's introduces chocolate-covered french fries to Japan image
Source : Guardian [Read Article] Thursday 28th of January 2016 03:20:22 AM
....Last year, its Japan operation was hit by reports of foreign objects –a piece of plastic and what appeared to be a human tooth – in McDonald’s chicken nuggets and french fries. McDonald’s Japan, which operates almost 3,000 stores, reported a group net loss of ¥29 billion for the first nine months of 2015. ...
Oil firm cut 10,000 jobs in late 2015 image
Source : BBC [Read Article] Friday 22nd of January 2016 01:12:43 AM
....Oilfield services giant Schlumberger has cut 10,000 jobs in the past three months amid the plunge in oil prices. News of the near-10% jobs cull came as the firm unveiled a net loss for the last three months of $1bn - its first quarterly loss in 12 years. ...
IG Group reaps rewards from market turmoil image
Source : Telegraph [Read Article] Tuesday 19th of January 2016 12:44:13 PM
.... . IG Group also had to pay out more in betting duties in the UK, thanks to periods when its spread-betting customers were making net losses. ...
Office workers, construction workers and journalists facing 'redundancy' in next few years image
.... Despite the creation of 2. 1m new jobs, mainly in architecture and engineering, there will be a net loss of 5m jobs in 15 of the world's most advanced economies, which together account for 65pc of the global workforce. ...

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