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Tag: spending
Canadian Oil Price Casualty: Suncor To Cut 1000 Jobs, Slashes Spending Budget by $1B
2015-01-25 06:30:26| Oil & Gas - Topix.net
Another Canadian energy company has fallen victim to the plunging global crude oil prices. Suncor Energy Inc., Canada's biggest energy company, has announced on Tuesday it will be laying off 1.000 jobs as it slashes some $1 billion from its spending budget earmarked for 2015.
Fiat Chrysler to boost spending with 20 new models
2015-01-18 16:46:02| Automakers - Topix.net
The carmaker, created last year by the merger of Fiat with its United States unit, plans to boost sales to over 5 million cars in 2015, the chief executive officer said. Photo - Bloomberg News Milan: Fiat Chyrsler will boost spending in the next two years as the carmaker plans to sell 20 new models by 2016, including the Maserati Alfieri sportscar and two new Alfa Romeos.
Tags: models
spending
boost
chrysler
Fed survey: Colorado region's consumer spending, energy slow in December; manufacturing up
2015-01-16 04:43:36| Auto Dealers - Topix.net
Consumer spending in Colorado and nearby states slowed slightly in December from previous weeks, as did energy activity, but "manufacturing and other business activity increased slightly" over the period, the U.S. Federal Reserve reports in its latest regional "Beige Book" survey. Overall, the region's economy "continued to grow slightly in December," and local business executives and economists expect "moderate growth over the coming months," the report says.
Tags: up
december
energy
survey
Canadian Natural cuts $2.4 billion from 2015 capital spending plan, slow growth
2015-01-12 15:01:54| Energy - Topix.net
Canadian Natural Resources Ltd. says it's reducing its 2015 capital spending plan by $2.4 billion or nearly 30 per cent as a result of low oil prices, which have dropped dramatically since CNRL's original plan was announced in November. Canadian Natural says it will defer about $470 million of spending for the Kirby oilsands project and reduce drilling at its North American and international conventional oil and gas operations.
Tags: plan
natural
capital
growth
Canadian Natural cuts $2.4 billion from 2015 capital spending plan, slow growth
2015-01-12 14:57:53| Oil & Gas - Topix.net
Canadian Natural Resources Ltd. says it's reducing its 2015 capital spending plan by $2.4 billion or nearly 30 per cent as a result of low oil prices, which have dropped dramatically since CNRL's original plan was announced in November. Canadian Natural says it will defer about $470 million of spending for the Kirby oilsands project and reduce drilling at its North American and international conventional oil and gas operations.
Tags: plan
natural
capital
growth
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