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Exxon defies low oil price with refining strength

2014-10-31 18:09:49| Energy - Topix.net

ExxonMobil Corp.'s refining and chemical operations rescued the company's third-quarter results amid falling global oil prices and lower oil and gas production. Exxon, the biggest U.S. oil company, posted a surprise increase in profit thanks to a 38 percent increase in profit from turning oil and gas into fuels and chemicals.

Tags: price low oil strength

 

Exxon defies low oil price with refining strength

2014-10-31 17:51:37| Oil & Gas - Topix.net

NEW YORK - ExxonMobil Corp.'s refining and chemical operations rescued the company's third-quarter results amid falling global oil prices and lower oil and gas production. Exxon, the biggest U.S. oil company, posted a surprise increase in profit thanks to a 38 percent increase in profit from turning oil and gas into fuels and chemicals.

Tags: price low oil strength

 
 

'Buy Russian' campaign defies food embargo

2014-10-17 12:33:42| BBC News | Business | UK Edition

Russians put a brave face on the ban on Western food, but some businesses are suffering, Sarah Rainsford reports from Moscow.

Tags: buy food russian campaign

 

Markets Live: ASX defies odds

2014-10-17 11:11:01| Toys - Topix.net

Amid a spike in global volatility, the ASX200 closes higher to post its biggest weekly gain in two months, as investors snap up sold-down stocks, including the big banks. Indonesia's president-elect Joko Widodo plans to r aise the price of subsidised gasoline and diesel by around 50 per cent within two weeks of taking office, a move that will save the government nearly $US13 billion next year, an adviser to Widodo told Reuters.

Tags: live markets odds asx

 

FTSE rise defies global share rout

2014-10-17 11:08:28| Footwear - Topix.net

The biggest loser was engineering firm Rolls-Royce , which fell 7.5% after warning of falling revenues as trade sanctions against Russia begin to bite. Building materials firm Travis Perkins also lost ground, shedding 1.5% after it revealed that its sales growth slowed in the third quarter.

Tags: share global rise ftse

 

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