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The Latest: SKorean economy shrinks for 1st time in 22 years

SEOUL, South Korea South Korea’s central bank says the country’s economy shrank for the first time in 22 years in 2020 as the coronavirus pandemic destroyed service industry jobs ....

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The Latest: Denver mayor gets ethics pass on pandemic trip

HONG KONG — Hong Kong is reducing social distancing rules following a sharp drop in new coronavirus cases, including restarting indoor dining and reopening gyms. ....

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The Latest: Hong Kong ease pandemic rules as cases decline

HONG KONG — Hong Kong is reducing social distancing rules following a sharp drop in new coronavirus cases, including restarting indoor dining and reopening gyms. ....

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Professional Services Firms Announce Cornerstone Coalition, Commit to Supporting COVID-19 Recovery in Illinois

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

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Eutelsat Communications: First Half 2020-21 Results

Press release content from Business Wire. The AP news staff was not involved in its creation.
Eutelsat Communications: First Half 2020-21 Results
February 12, 2021 GMT
Regulatory News:
The Board of Directors of Eutelsat Communications (ISIN: FR0010221234 - Euronext Paris: ETL) (Paris:ETL), chaired by Dominique D’Hinnin, reviewed the financial results for the half-year ended 31 December 2020.
Key Financial Data
635.8
77.8
140.7
107.9
117.6
3.20
Commenting on the First Half, Rodolphe Belmer Chief Executive Officer of Eutelsat Communications, said:
“Eutelsat has produced a solid First Half performance with Operating Verticals revenues down by 2%, reflecting our resilience in the Covid-19 impacted context, and with an EBITDA margin at 76.7%, despite the costs associated with Broadband ramp-up. Free-cash flow generation at the half year stage already amply covers the dividend paid in November. The past six months have been dynami ....

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