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US$1.2b one-off charges deepen Noble Group's Q2 loss to US$1.75b

Group says its arrangements with Mercuria Energy America are now in place, and are "working well"

Published Thu, Aug 10, 2017 · 09:50 PM

Singapore

HIT by trading losses in its oil liquids business and US$1.2 billion in one-off charges, Noble Group fell deeper into the red in the second quarter, recording a loss of US$1.75 billion.

This compares with a net loss of US$54.9 million in the year-ago period.

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Companies & Markets

Companies & Markets

US$1.2b one-off charges deepen Noble Group's Q2 loss to US$1.75b

Companies & Markets

Europe: Stoxx 600 logs best day in three months as banks shine

US: Stocks rally after strong tech results

Porsche posts Q1 profit drop on ramp-up costs

IBM plots US$730 million expansion of Canadian semiconductor site

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early

Yeo Guat Kwang, John Chen retiring from corporate boards

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