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Kopy Goldfields returns two prospecting licenses, reducing exploration spending and preserving cash

2013-08-16 11:21:23| Appliances - Topix.net

Kopy Goldfields AB , has filed an application to return Verkhnyaya Orlovka and Purpolskaya exploration licenses, thereby reducing exploration and administration costs.

Tags: returns cash reducing spending

 

Macy's sales slip; shoppers wary of spending

2013-08-14 15:08:43| Apparel - Topix.net

Macy's Inc. reported a disappointing profit for its second quarter and cut its outlook for the year on Wednesday, with the department store operator citing shoppers' reluctance to spend for a slip in sales.

Tags: sales spending slip shoppers

 
 

VIDEO: 'I've seen increase in spending'

2013-08-14 13:52:03| BBC News | Business | UK Edition

UK unemployment has fallen slightly - but it has not affected all areas equally. Chris Buckler meets a shop-owner in Strabane in Northern Ireland, whose store is bucking the trend during the downturn.

Tags: video increase spending

 

White House calls for increased grid spending

2013-08-12 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: The cost of weather-related power outages is high and rising as storms grow more severe and the U.S. electric grid gets older, according to an Obama Administration report that calls for increased spending on the nation's electric power system. Power outages cost the economy $18 billion to $33 billion per year, according to the report, a figure that has been rising steadily over the past 20 years. That can rise to $40 billion to $75 billion in years with severe storms such as 2008's Hurricane Ike...

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Oil majors trapped in cycle of spending more but finding less

2013-08-11 07:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: For the oil majors, quarterly results were once a ticker-tape parade. Last week, they were more like a walk of shame. ExxonMobil, Chevron, Royal Dutch Shell, BP, and Total all suffered a drop in earnings year-on-year. Oil and gas output for all, bar Total, contracted, despite big hikes in capital spending. Costs were up and returns down even with oil prices at more than $100 a barrel. Companies that just a few years ago bestrode the corporate world like colossi are now in the doghouse, unloved...

Tags: less finding oil cycle

 

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