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Tag: weak
Oil increases above $58 on weak US dollar
2015-03-12 01:00:00| Offshore Technology
The price of Brent oil futures increased to above $58 a barrel on Thursday, as the US dollar dropped 0.4% against a host of currencies.
Deutsche Post Sees Subdued Profit Growth on Weak Economy
2015-03-11 14:58:07| Telecom - Topix.net
Earnings before interest and taxes will rise to between 3.05 billion euros and 3.2 billion euros, the Bonn-based company said in a statement today. That compares with an average estimate for 3.24 billion euros collected from 22 analysts by Bloomberg.
Tags: post
growth
profit
economy
Weak LNG prices to put new Australian projects under pressure
2015-03-04 04:18:13| Oil & Gas - Topix.net
A new analysis from a globally respected consultancy has dashed hopes of an upturn in liquefied natural gas prices by the time the bulk of Australia's $200 billion wave of new projects begins production later this year. Spot LNG prices in Asia are likely to suffer a fresh bout of weakness just as most of the plants start up, according to Edinburgh-based Wood Mackenzie, which is forecasting prices below the break-even threshold cited by many analysts for the new local projects.
Tags: under
put
prices
projects
ADM cuts biodiesel output as industry hit by weak margins
2015-02-25 21:53:41| Agriculture - Topix.net
Archer Daniels Midland , one of the world's top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty over U.S. renewable fuel policy while the oil rout curbs demand. The Chicago-based agri business has "temporarily" shifted production at its Velva, North Dakota, oilseeds processing facility from biodiesel to other products and cut production at its other North American facilities, ADM spokeswoman Jackie Anderson said in an emailed statement.
Tags: industry
hit
output
weak
U.S. existing home sales hit nine-month low, supply weak
2015-02-23 17:12:58| Real Estate - Topix.net
U.S. home resales fell sharply to their lowest level in nine months in January amid a shortage of properties on the market, a setback that could temper expectations for an acceleration in housing activity this year. The National Association of Realtors said on Monday existing home sales declined 4.9 percent to an annual rate of 4.82 million units, the lowest level since April last year.
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