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Toyota lifts profit outlook as weak yen offsets Japan slump

2015-02-04 09:07:56| Automakers - Topix.net

Toyota Motor Corp lifted its operating profit guidance on Wednesday in a widely expected move, as a weaker yen increases the value of sales overseas and makes up for slumping demand at home. The yen's decline has been a boon for Toyota, which exports roughly half of its vehicles produced in Japan.

Tags: japan profit weak outlook

 

Canaccord Genuity cuts size of workforce by 4% due to weak market conditions

2015-02-02 19:21:37| Chemicals - Topix.net

Canaccord Genuity Group Inc. is cutting jobs at its global capital markets business due to weak market conditions. The downsizing will affect four per cent of its workforce or about 80 positions, based on a total of about 2,013 employees companywide at the end of September.

Tags: conditions size due market

 
 

Sanctions, Weak Ruble, Conflict in Ukraine Push Putin To Shift Pipeline Route From Europe to Turkey

2015-02-02 18:24:56| ENR.com: Headline News

Gazprom attempts to recoup $5 billion to $10 billion in sunken cost.

Tags: to europe route turkey

 

Asian stocks fall on weak China data

2015-02-02 03:21:42| BBC News | Business | UK Edition

Asian markets are mostly lower after activity in China's manufacturing sector shrank for the first time in more than two years.

Tags: data china fall asian

 

Oil falls on weak Chinese manufacturing activity and US refinery strikes

2015-02-02 01:00:00| Offshore Technology

The price of Brent crude oil dropped on Monday due to weak manufacturing activity in China and a refinery strike by the US unions.

Tags: activity chinese oil falls

 

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