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Gas Prices Steadily On The Decline

2014-12-13 19:29:06| Auto Dealers - Topix.net

Drivers in most parts of the country aren't complaining one bit when it comes to the latest gas prices. On Friday, AAA released numbers that showed a two cent drop in gas prices since Thursday here in Charlottesville, just a year ago prices were almost a dollar more.

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Men's Wearhouse reports Q3 profit decline

2014-12-11 13:53:00| Daily apparel & textile news and comment - from just-style.com

Clothing retailer The Men's Wearhouse recorded a decline in third-quarter profit, despite a notable revenue boost from new acquisition Jos A Bank.

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Norway's Oil Decline Accelerating

2014-12-11 06:08:34| Oil & Gas - Topix.net

Long held up as the model for managing oil abundance, Norway has painstakingly sought to prevent the problems that occur with other natural resource-based economies, such as corruption, slow economic growth, currency appreciation, and subsequently, deindustrialization. Since 1990, Norway has diverted much of its oil earnings to a sovereign wealth fund, which has become the world's largest.

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Car sales hit growth path in Nov after two months of decline

2014-12-10 11:29:32| Auto Dealers - Topix.net

The domestic passenger vehicle industry has managed to put a brake sliding sales after two months as a combination of factors including lower fuel price and uncertainty over extension of excise cuts next year resulted in improved sales in November. Car sales grew by 9.5% last month over the previous year, offsetting the 6.8% decline in the sale of multi-utility and sports utility vehicles.

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Russia: auto decline lingers, but slows pace in November

2014-12-09 09:27:06| Auto Dealers - Topix.net

The country's auto sales - once seen capable of overshadowing the top European market of Germany - have slowed their continued decline, falling just 1% last month - after the 10% drop accounted in October. The country's troubled auto business has seen double-digit increases until 2013 - the year when the weaker economy and lower valuation of the local currency led to a 5% overall drop.

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