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Japan Trading Houses Facing $13 Billion Hit on Commodity Misfire

2016-02-02 07:51:48| Chemicals - Topix.net

A handful of companies that have dominated almost every kind of raw-material business in Japan for decades may take as much as $13 billion in charges during the current fiscal year. sogo shosha ," or general trading houses like Mitsubishi Corp. that supply everything from gasoline and steel to seafood and noodles in resource-poor Japan.

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Japan Trading Houses Facing $13 Billion Hit on Commodity Misfire

2016-02-02 07:11:58| Food - Topix.net

A handful of companies that have dominated almost every kind of raw-material business in Japan for decades may take as much as $13 billion in charges during the current fiscal year. sogo shosha ," or general trading houses like Mitsubishi Corp. that supply everything from gasoline and steel to seafood and noodles in resource-poor Japan.

Tags: japan hit trading houses

 
 

Barclays facing $70m US trading fine

2016-01-31 23:37:21| BBC News | Business | UK Edition

US regulators are set to fine UK-based Barclays Bank $70m (49m) for misleading investors about its US "dark pool" trading operations.

Tags: fine trading facing barclays

 

'Flint is the tip of the iceberg': Other Michigan cities may be facing potential lead crises

2016-01-29 07:38:20| Waste Management - Topix.net

WTF? A group of armed right-wing extremists occupy a federal building-and they don't even get charged with trespass? As state and local officials in Michigan struggle to address the lead contamination in Flint, new data show that other municipalities and private water systems in Michigan may be headed down the same path. MLive reports : Michigan Department of Environmental Quality records show that six private water supplies in Michigan and two municipalities - not including Flint - meet or exceed the federal limit on lead and copper in water tested at the customer tap.

Tags: lead potential cities tip

 

The US auto industry is facing its toughest challenge since...

2016-01-29 01:28:39| Automakers - Topix.net

The US auto industry had a record-breaking 2015, selling 17.5 million new cars and trucks. Nearly every carmaker is raking in profits.

Tags: since auto industry challenge

 

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