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UPM's profit beats view on cost cuts, FX gains

2015-04-28 10:11:03| Paper - Topix.net

Finnish paper maker UPM-Kymmene Oyj Tuesday posted better-than-expected net profit for the first quarter as cost-cutting measures and currency tailwinds helped it offset the negative impact of lower paper prices and delivery volumes. UPM's net profit for the three months ended March.

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Record auctions pushing up cost of houses

2015-04-25 02:44:07| Real Estate - Topix.net

Real estate agent Lawrence von Sturmer in front of a home in Pt Chevalier which sold for $1.2 million - $260,000 above CV. Photo / Brett Phibbs Head-to-head bidders are paying tens of thousands of dollars more at auctions than they would for fixed price homes, new figures reveal.

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VIDEO: The cost of Brazil's oil corruption

2015-04-23 09:03:39| BBC News | Business | UK Edition

Brazil's state-run oil company, Petrobras, has released its financial results for the last year, which include $2bn (1.3bn) written off due to corruption.

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Noble Energy agrees to settle Colorado pollution case; feds say it could cost up to $73.5M

2015-04-22 19:55:37| Oil & Gas - Topix.net

Noble Energy has agreed to a settlement over air-pollution violations near Denver, a deal federal officials say could cost the major oil and gas company up to $73.5 million. The proposed deal, filed in federal court Wednesday, comes after regulators found the Houston-based company's oil storage tanks were emitting thousands of tons of chemicals a year, contributing to the region's ozone pollution problem.

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NRC report recommends ways to overcome barriers hindering purchases of PEVs; vehicle cost, battery tech and consumer knowledge among others

2015-04-22 17:55:37| Green Car Congress

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