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Conoco results beat estimates, cuts capex amid low oil price
2015-07-30 16:03:24| Oil & Gas - Topix.net
ConocoPhillips , the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist. REUTERS: ConocoPhillips , the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist.
Audi cuts global car sales outlook on China
2015-07-30 15:51:57| Auto Dealers - Topix.net
Audi lowered its global sales forecast for this year because of slumping demand in China, the premium brand's biggest market. The Volkswagen Group unit said today in a statement it expects global deliveries to increase between 3 and 4 percent this year from the record 1.74 million sales in 2014.
Conoco results beat estimates, cuts capex amid low oil price
2015-07-30 15:24:10| Energy - Topix.net
ConocoPhillips , the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist. REUTERS: ConocoPhillips , the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist.
VIDEO: Centrica job cuts 'not taken lightly'
2015-07-30 10:58:14| BBC News | Business | UK Edition
Centrica chief executive Iain Conn says the cutting of 6,000 jobs at the company is ''a very difficult thing to do'' but the business has got to be ''as efficient as possible''.
NEWS & ANALYSIS: UMC Cuts Expectations for 28nm Ramp on Weaker Demand
2015-07-30 10:51:29| Electronics - Topix.net
United Microelectronics Corp. , the world's second-largest foundry, said its ramp of 28nm process technology will slow as the outlook for demand is likely to remain weak until the first half of 2016 while the chip industry works its way out of an inventory correction. The portion of total revenue for the Hsinchu, Taiwan chipmaker from its most advanced 28nm node will probably drop to about 10% during the second half of this year after peaking at 11% in the second quarter.
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