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Indebted steelmaking giant POSCO drafts restructuring plan to bolster finances

2014-04-29 23:28:48| Steel - Topix.net

South Korean steelmaking giant POSCO, hit by rising debts and three years of profit declines, said on Tuesday that it is drafting a restructuring plan to bolster the group's financial standing.

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Chinese pork giant WH Group shelves IPO

2014-04-29 21:11:47| Food - Topix.net

Chinese pork giant WH Group, which bought U.S. producer Smithfield Foods last year, is shelving its multibillion-dollar Hong Kong IPO as investor demand sags amid rocky financial markets, the company said Tuesday.

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Oilsands giant Suncor sees profits soar on improved market access for crude

2014-04-29 19:51:54| Energy - Topix.net

Oilsands giant Suncor Energy Inc. has posted record operating earnings as it was able to get more of its crude to market by pipeline and rail.

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Oilsands giant Suncor sees profits soar on improved market access for crude

2014-04-29 09:30:45| Oil & Gas - Topix.net

Oilsands giant Suncor Energy Inc. has posted record operating earnings as it was able to get more of its crude to market by pipeline and rail.

Tags: access market improved giant

 

Oil giant BP reports $3.2bn profits

2014-04-29 09:17:55| BBC News | Business | UK Edition

Oil giant BP reports profits of $3.2bn (1.9bn) for the first quarter of 2014, slightly ahead of forecasts.

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