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Tag: slump
Billionaires bleed in iron ore slump
2014-09-08 06:06:51| Grocery - Topix.net
Pubs billionaire Bruce Mathieson is poised to lose tens of millions of dollars after his 21.5 per cent-owned Western Desert Resources became the highest-profile victim of the iron ore price slump so far, calling in administrators. The collapse of the iron ore junior, which mines the Roper Bar venture in the Northern Territory, came after Macquarie Bank lost patience with ongoing negotiations on restructuring payments on about $80 million of debt and further short-term funding needs.
Pernod Ricard hit by Chinese slump
2014-08-29 18:00:27| Beverages - Topix.net
Pernod Ricard says a slump in China, and unfavourable foreign exchange effect, is responsible for an overall 7% fall in sales, as it released its full year 2013/14 results today.
Tags: hit
chinese
slump
ricard
Brazil Coffee Output Set for Worst Slump Since 1965: Commodities
2014-08-26 12:21:35| Food - Topix.net
A prolonged drought in Brazil has already claimed about half of Jose Francisco Pereira's coffee crop.
Tags: set
brazil
output
coffee
GM cuts production in Russia as market slump continues
2014-08-21 17:15:34| Auto Dealers - Topix.net
General Motors Co. said it will reduce production at its plant near St Petersburg, Russia, citing a continued slowdown of the country's auto market.
Tags: market
production
continues
russia
Data Centers Face Mid-Year Slump Due to Supply/Demand Imbalance
2014-08-20 16:19:00| National Real Estate Investor
A boom in data center development during the past three years has actually overrun the demand today, says Scott Peterson, chief investment officer with San Francisco-based Digital Realty Trust, a data center operator. read more
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