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Oil price fall forces firm revamp

2014-12-18 19:14:40| BBC News | Business | UK Edition

A Canadian company operating in the North Sea has been forced to restructure its debt following the fall in oil price.

Tags: price fall firm oil

 

Fall in oil prices 'temporary'

2014-12-18 15:21:12| BBC News | Business | UK Edition

Recent falls in the price of oil are likely to be temporary, says the oil minister for Saudi Arabia, Opec's biggest producing nation.

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VIDEO: Russians splash out to beat rouble fall

2014-12-17 22:37:48| BBC News | Business | UK Edition

As the Russian rouble falls in value - and prices for imported goods looks set to rise - Russians have been flocking to the stores, to spend their cash on durable goods.

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Oil drop plus sanctions sends Russia ruble into free fall

2014-12-17 12:18:43| Auto Dealers - Topix.net

Despite the Russian central bank's extraordinary move to defend the currency, the ruble's value continued to slide on Tuesday, presenting President Vladimir Putin with an acute new set of political and economic challenges. Scenes that Russians hoped had receded into the past reappeared on the streets.

Tags: free fall oil drop

 

2 Reasons Abercrombie & Fitch Co. Stock Could Fall in 2015

2014-12-17 10:24:30| Apparel - Topix.net

Under Jeffries, who led the teen apparel retailer for over two decades, the company ceded market share to rivals, slogged through PR disasters , and lost touch with its core market. In fiscal 2013, Abercrombie's comparable sales fell 11% year-over-year -- compared to a 1% decline in 2012, 5% growth in 2011, and 7% growth in 2010.

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