Monadelphous facing 10% revenue hit


Engineering contractor Monadelphous has disclosed multiple problems across its operations, with supply chain issues causing delays on large projects, and contract disputes and low profits forcing a restructure of its water infrastructure business.

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Buffet's Berkshire Hathaway posts $50 bn loss in coronavirus impact

Warren Buffett’s Berkshire Hathaway Inc is being hit hard by the coronavirus pandemic, posting a record quarterly net loss of nearly $50 billion on Saturday and saying performance is suffering in several major operating businesses. Berkshire said most of its more than 90 businesses have faced […]

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