Baidu Could Also Be Another Corporate Victim Of Covid-19 Outbreak
Covid-19 outbreak could collapse Baidu’s Q1 revenue by thirteen percent.
Covid-19 outbreak could collapse Baidu’s Q1 revenue by thirteen percent.
The glut in the global oil pool which resulted in oil prices touching rock bottom have put enormous pressures on oil companies. European oil companies are now increasingly expanding into renewable energy sources as they seek out new sources of revenues for the future.
The accountancy firm has attributed the drop in its revenues due to global uncertainties, including Britain’s Brexit referendum, unexpected results of Britain election as well as that of the U.S.