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Oil Slump Means Canceled Projects as Investment Declines: Energy

2014-10-16 19:41:01| Oil & Gas - Topix.net

The global crash in crude prices is reverberating through the oil and gas industry, pressuring producers to curtail investment to protect profits and avoid cuts to dividend payments. Projects in the Canadian oil sands, offshore fields in Norway and drilling-intensive U.S. shale deposits are among the most vulnerable as oil prices come perilously close to production costs.

Tags: means energy projects investment

 

Remy Cointreau's H1 sales slide as Cognac slump continues

2014-10-16 12:12:00| Daily beverage news and comment - from just-drinks.com

Remy Cointreau's Cognac woes in China continued to drag down overall sales in its first-half, but the French firm saw good growth elsewhere.

Tags: sales continues slide remy

 
 

FTSE falls as Shire shares slump

2014-10-15 10:24:35| BBC News | Business | UK Edition

The FTSE 100 falls, with shares in Shire plunging 26% after US firm AbbVie says it is reconsidering its takeover offer for the UK pharmaceuticals company.

Tags: falls shares shire slump

 

NZ shares fall in global slump

2014-10-13 10:37:57| Airlines - Topix.net

New Zealand shares followed Wall Street lower, led by Xero and other growth stocks, as investors worried global economic growth is stalling. Kathmandu Holdings and Air New Zealand paced the decline.

Tags: global fall shares slump

 

Icahn's American Railcar Joins Industry Slump on Oil Drop

2014-10-11 04:07:57| Railroads - Topix.net

American Railcar Industries Inc. , Carl Icahn 's rail-equipment maker, and its two main rivals are in the steepest slump in more than a year as falling oil-import prices stir concern that trains will move less U.S. crude. Since the end of September, American Railcar has fallen 17 percent, Greenbrier Cos.

Tags: american industry oil drop

 

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