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Pension participants weigh in on Teamsters' plan to cut benefits

2016-01-20 17:34:38| Trucking - Topix.net

As the deadline for submitting comments nears, close to 2,000 participants in one of the nation's biggest multiemployer pension plans are voicing their concerns about the financially troubled Central States, Southeast and Southwest Areas Pension plan's proposal to cut benefits. "I worked at United Parcel Service for 30 years.

Tags: plan cut benefits participants

 

Canada Stocks-TSX falls as energy stocks weigh

2016-01-19 10:54:00| Energy - Topix.net

TORONTO, Jan 18 Canada's main stock index fell on Monday as energy shares exerted further pressure on the overall index after crude oil prices hit 2003 lows, while Suncor Energy Inc slipped after upping its offer for Canadian Oil Sands Ltd. The pair of oil companies were among the most influential movers on the index, with Canadian Oil Sands surging 12 percent to C$8.38 and Suncor off 3.8 percent at C$30.04. Another major producer, Canadian Natural Resources Ltd , declined 2.3 percent to C$23.88.

Tags: canada energy falls stocks

 
 

Indian shares set to extend losses, heavyweights weigh

2016-01-12 14:31:18| IT Services - Topix.net

MUMBAI, Jan 12 Indian shares headed on Tuesday for their seventh losing session in eight, falling to fresh 1-1/2-year lows as risk aversion ahead of a slew of earnings, including from Tata Consultancy Services weighed on sentiment. Caution also prevailed ahead as data later in the day is expected to show consumer inflation edged up to an annualised 5.6 percent, which would likely prevent the central bank for cutting interest rates further for now.

Tags: set indian extend shares

 

Falling cotton prices weigh on Weiqiao Textile FY

2015-12-17 18:16:00| Daily apparel & textile news and comment - from just-style.com

Sluggish domestic and overseas market demand has continued to weigh on Weiqiao Textile Company Limited, China's largest cotton textile producer, with the company citing "a dramatic drop in domestic cotton consumption" as one of its biggest challenges during the past year.

Tags: prices falling cotton textile

 

Oil continues to weigh on Asian shares

2015-12-09 09:54:40| BBC News | Business | UK Edition

Asian stocks head lower as falling oil prices continue to hurt energy-related shares and cut into investors' confidence.

Tags: oil continues asian shares

 

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