Edition:
United Kingdom

Taru Jain

UPDATE 3-Dow sees pick up in demand after quarterly results beat estimates

22 Oct 2020

Oct 22 Dow Inc on Thursday beat estimates for quarterly earnings and forecast a pick up in demand as more industries start to recover from the impact of the COVID-19 pandemic.

Dominion takes $2.8 bln charge to exit Atlantic Coast natgas pipe

31 Jul 2020

U.S. energy company Dominion Energy Inc said on Friday it took a $2.8 billion charge in the second quarter related to the cancellation of the Atlantic Coast natural gas pipeline from West Virginia to North Carolina.

UPDATE 2-DuPont takes $2.5 bln charge, posts bigger quarterly loss

30 Jul 2020

July 30 DuPont reported a bigger second-quarter loss on Thursday and wrote down the value of its automotive business by $2.5 billion, one of its biggest markets that has been hard hit by the COVID-19 pandemic.

Pipeline doubts put Bakken shale reboot on hold

29 Jul 2020

North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said.

UPDATE 2-Pipeline doubts put Bakken shale reboot on hold

29 Jul 2020

July 29 North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said.

Pipeline doubts put Bakken shale reboot on hold

29 Jul 2020

July 29 North Dakota oil producers face new pressures to delay bringing back more of their recently curbed output after a U.S. court ruling this month put in jeopardy the pipeline that transports most of the region's oil, executives and analysts said.

Dow signals choppy recovery from pandemic blow, plans cost cuts

23 Jul 2020

Dow Inc chief executive officer said on Thursday it would probably take a couple of years for the chemical maker's volumes and margins to rebound to pre-coronavirus levels, and laid out additional cost-cutting plans to cope with its fallout.

Dow forecasts current-quarter revenue below estimates on sluggish global recovery

30 Apr 2020

Dow Inc forecast current-quarter revenue below estimates on Thursday after posting a drop in adjusted quarterly profit as selling rates of chemicals took a hit from a slump in oil prices and the coronavirus outbreak dented demand in some end markets.

DuPont doubles output of protective gowns to 30 million per month

24 Apr 2020

Industrial materials maker DuPont is doubling production of protective garments it makes from its Tyvek material to about 30 million a month to help meet increased demand due to the coronavirus outbreak.

Breen to return as DuPont CEO

18 Feb 2020

DuPont has brought back management veteran Edward Breen as its chief executive officer, in a move that the industrial materials maker is hoping will help lift sluggish sales since its split from DowDuPont Inc.

World News

Trump, Biden in final full week of campaigning as virus looms large

President Donald Trump and Democratic challenger Joe Biden on Monday are down to the final full week of campaigning before the Nov. 3 election, as surging coronavirus cases and a COVID-19 outbreak within Vice President Mike Pence's staff keep the focus of the race on the pandemic.