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Thai business sentiment at 7-mth low, auto sales slump clocks 2 years
2015-05-25 15:58:04| Auto Dealers - Topix.net
A slump in car sales in Thailand reached two years in April, while business sentiment hit a seven-month low, the Federation of Thai Industries said on Monday. While a military coup a year ago ended months of political unrest, Southeast Asia's second-largest economy is suffering from other drags that prevent it from regaining traction.
OMV warns on Libya, Yemen as profit hit by oil slump
2015-05-19 11:41:31| Oil & Gas - Topix.net
Austrian energy group OMV said on May 18 it was unlikely to resume production in war-torn Libya or Yemen before winter, after headline profit fell by half as low oil prices weighed on its upstream business. It also said overcapacity in Europe would drive an improved refining margin down again.
Oil Search under the pump over price slump
2015-05-16 00:20:45| Oil & Gas - Topix.net
Oil Search chairman Rick Lee said that while the oil price has rallied in the last few months, it remains around 40 per cent lower than the average price realised in 2013. Papua New Guinea focused energy producer Oil Search has warned revenues will fall in the second quarter as the prolonged slump in oil prices triggers lower prices for its liquefied natural gas supplies.
VIDEO: Slump for Zambia's furniture makers
2015-05-15 13:13:45| BBC News | Business | UK Edition
In Zambia the local furniture and timber industries are fighting for survival against cheap, high quality imported products.
Tags: video
furniture
makers
slump
Ethanol industry looks to drivers and exports for path out of a slump
2015-05-10 21:52:48| Food - Topix.net
Green Plains, the nation's fourth-largest ethanol producer, owns this plant in Fairmont. The Omaha-based company reported losses on ethanol production in the first quarter.
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