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Europe will find it difficult to wean itself off Russian gas

2014-03-16 16:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Daily Star: Europe will have trouble weaning itself off Russian natural gas, analysts say, as its faces declining production at home and Asian competition for supplies. Even before the current flare up of tensions with Russia over its de facto occupation and possible annexation of Ukraine's Crimea peninsula, Europe had been trying to reduce its dependence on Russian supplies. The diversification effort has been bearing fruit: imports of Russian natural gas fell from 45.1 percent of the EU's total to 31.9...

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Depressed Coal Stocks' Valuations Justified Due To Prevalent Difficult Business Conditions

2014-03-13 11:27:22| Industrial Machines - Topix.net

Walter Energy is among the leading met coal companies in the U.S. In the recent past, the company has struggled to moderate its earnings and cash flow decline, as met coal markets remain weak due to excess met coal supply from Australian producers, slower Chinese met coal imports, weak economic conditions in Europe, and a lack of production cuts ... (more)

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Strong Business Model Helped Cherkizovo to Weather Difficult 2013

2014-03-10 01:00:00| ThePigSite - Industry News

RUSSIA - In its results for the full financial year, Cherkizovo reports in revenue up by eight per cent yet profit (EBITDA) and gross profit were sharply down from last year, following what the CEO described as a challenging year for the Russian meat industry.

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GERMANY: Gerry Weber FY profit dips on "difficult" market

2014-02-27 14:04:00| Daily apparel & textile news and comment - from just-style.com

Weather-related market difficulties sent full-year net profit down by 10% at German fashion house Gerry Weber International, but the company is set to continue its international expansion.

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Barroso: Scots EU bid 'difficult'

2014-02-16 13:02:55| BBC News | Business | UK Edition

European Commission President Jose Manuel Barroso says it would be "extremely difficult" for an independent Scotland to join the EU.

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