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United Airlines dumps losing hedges, mulls new ones for long term

2015-01-10 02:13:36| Airlines - Topix.net

The Chicago-based carrier reported Friday that it has shrunk its hedge position to cover 22 percent of the fuel it consumes in 2015, down from the 24 percent it had anticipated when oil prices were higher. The airline said it did so at a cost, raising its average fuel expenses last quarter to $2.83 per gallon from up to $2.76 per gallon, the price it had estimated on Dec. 8. This move represents just one step of a broader effort parent company United Continental Holdings Inc has taken to evaluate its fuel hedges, a United spokesman told Reuters.

Tags: long united term losing

 

Losing Paradise: Climate change is changing Mount Rainier

2014-12-21 18:27:00| Climate Ark Climate Change & Global Warming Newsfeed

Olympian: If the scientists are right, the end is near for a Northwest treasure at least as we know it. Climate change is melting Mount Rainiers glaciers at six times the historic rate. For years now, the melting has sent floods of water and rock pounding down the mountain, filling up rivers, killing old-growth forests and endangering historic national park buildings. The glacial outbursts also are tearing up the roads that provide access to the parks wonders, testing the National Park Service...

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Villagers losing out to sugar growing

2014-12-17 01:02:33| BBC News | Business | UK Edition

The villagers who are losing out to sugarcane

Tags: growing sugar losing villagers

 

Ferrari 'fleeing' Italy prompts debate on losing country's icons

2014-12-11 19:01:27| Industrial Machines - Topix.net

The possibility of shifting its tax residence from the iconic Maranello headquarters, where its first sports cars were built in 1947, is generating a debate in Italy about the risk of losing the country's most famous brands as the economy struggles to emerge from its longest recession. Bloomberg reported on Wednesday that Ferrari is considering moving its fiscal residence outside Italy to save on corporate taxes, according to people familiar with the matter.

Tags: italy debate icons losing

 

ANALYSIS: Is Black Friday losing its lustre?

2014-12-01 18:58:00| Daily apparel & textile news and comment - from just-style.com

Early holiday promotions, the continued growth of online shopping, and an improving economy appear to be changing the way US consumers approach what has traditionally been the biggest shopping weekend of the year.

Tags: black friday analysis losing

 

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