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Export delays hit farmers hard
2015-02-17 12:29:55| Railroads - Topix.net
Bruce Bumstead / Brandon Sun Files Western Canadian farmers could lose more than $2 billion this year due to export delays caused by railcar shortages. U.S. buyers are sourcing grain from other suppliers, Liberal MP Ralph Goodale says.
Exxon Mobil Hit Hard By Its Own Oil Spill
2015-02-04 14:12:38| Chemicals - Topix.net
ExxonMobil Corporation is suffering from a proverbial oil spill with its finances in tatters in the current quarter. One of the world's leading oil production companies, ExxonMobil has taken a strong hit in the stock market with share prices hitting a record low.
Low Oil Prices Hit Industry Giants Hard
2015-02-03 22:38:56| Chemicals - Topix.net
Regular gas cash price is displayed for $1.79 a gallon at a Mobil station January 6, 2015 in Livonia, Michigan. BP and Exxon Mobil attribute their loss in earnings to the steep fall in oil prices.
Tags: low
hard
prices
industry
U.S. multinationals hit hard by strong dollar, to bleed further into 2015
2015-01-27 21:36:51| Chemicals - Topix.net
A slew of U.S. multinational companies from DuPont to Microsoft Corp showed that a strong U.S. dollar is hammering their earnings, with several blue chip exporters predicting the situation will get worse if the greenback holds its strength. All told, the resurgent U.S. currency could shave up to $12 billion off U.S. companies' fourth-quarter 2014 revenue alone, according to currency expert Wolfgang Koester, the chief executive of FireApps, a data analytics company in Phoenix, Arizona that examines quarterly reports for currency related losses.
KwaZulu-Natal sugar industry hard hit by drought
2015-01-20 08:32:36| Sugar Industry News
KWAZULU-Natal has been hit by a severe drought that has disrupted business and reduced yields on farms, especially in the sugar sector, and could lead to job losses.
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