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Exxon 3rd quarter profit falls by nearly half amid low oil prices
2015-10-31 08:42:30| Chemicals - Topix.net
Exxon Mobil Corp. posted its worst third quarter in 12 years due to low oil prices but still earned $4.24 billion, beating Wall Street expectations. Exxon's earnings from exploration and production continued to slide, especially in the United States.
Exxon 3rd quarter profit falls by nearly half amid low oil prices
2015-10-31 08:20:34| Oil & Gas - Topix.net
Exxon Mobil Corp. posted its worst third quarter in 12 years due to low oil prices but still earned $4.24 billion, beating Wall Street expectations. Exxon's earnings from exploration and production continued to slide, especially in the United States.
Volkswagen reaffirms $900 million commitment to U.S. plant amid diesel scandal
2015-10-30 12:27:30| Automakers - Topix.net
Rocked by a diesel emission scandal that blew open last month and has already hit the company's financial results , German automaker Volkswagen AG nonetheless said it is committed to an investment at its Chattanooga, Tenn. plant.
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Fiat Chrysler falls to loss amid cost of recalls
2015-10-29 16:54:04| Automakers - Topix.net
Fiat Chrysler Automobiles NV said Wednesday it swung to a net loss of 306 million euros in the third quarter as it recalculated the cost of a huge recall campaign in North America. Fiat Chrysler increased by 761 million euros the estimated cost of future recalls in the United States and Canada after revising its actuarial method.
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Australia PM Turnbull stands by coal amid moratorium calls
2015-10-28 14:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: When Malcolm Turnbull ousted Tony Abbott as prime minister last month, climate watchers were hopeful he would reverse Australias coal-friendly stance. There was some sign of that this week, as newly appointed chief science advisor Alan Finkel envisioned a world free of fossil fuels. Yet it has been business as usual for the country`s bullish mine expansion plans, which threaten international climate goals. That is despite 61 prominent Australians, from rugby player David Pocock to Nobel laureate...
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