Home › Baker Hughes Reports $10 Billion Loss, Revenue Miss, as Demand Sinks
 

Keywords :   


Baker Hughes Reports $10 Billion Loss, Revenue Miss, as Demand Sinks

2020-04-22 15:06:36| OGI

Oilfield firm Baker Hughes Co. reported a $10 billion loss and lower-than-expected revenue in the first quarter on April 22 as an 80% plunge in oil prices crushed demand for services and equipment.

Tags: reports loss miss demand

Category:Industrial Goods and Services

Latest from this category

All news
»
16.03Alcohol-free beer and pet grooming used to measure inflation
16.03Alcohol-free beer and pet grooming used to measure inflation
16.03Steelworks costing 1.3m a day to run
16.03Funding change ends school holiday food vouchers
16.03Firms to be paid to hire unemployed young people
16.03Ukraine's urgent fight on the financial frontline
16.03Starmer to set out support plan for heating oil costs
16.03Starmer to set out support plan for heating oil costs
More »