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China's decades-low natural gas demand growth begs reduction and liberalisation of prices

2015-08-23 19:55:38| Oil & Gas - Topix.net

Weak growth in demand for natural gas amid cheaper alternative fuels spurs cries on the mainland for price reduction and deregulation Beijing's tight grip on natural gas prices amid sharp falls in alternative fuel costs has made natural gas so uncompetitive that demand growth has fallen to its weakest in two decades, holding back the cleaner-burning fuel in helping the nation achieve its air pollution reduction goals. Unexpectedly tepid demand as a result of the "mispricing" of natural gas has also dashed producers and gas distributors' hope of reaching their production and sales targets set earlier this year, analysts say.

Tags: prices natural growth gas

 

Verizon Wireless: 4.6% Yield & 3 Decades Of Stable Dividend Growth

2015-08-22 17:09:17| Telecom - Topix.net

Verizon Wireless is one of the largest telecommunications companies in the world. The company currently has a market cap of $192.9 billion.

Tags: growth wireless stable decades

 
 

IN THE MONEY: Gap bullish on China growth opportunities

2015-08-21 18:13:00| Daily apparel & textile news and comment - from just-style.com

US retail giant Gap Inc has said it remains bullish on its long-term growth prospects in China despite the yuan deflation, while also revealing it is on track with its strategic restructuring.

Tags: money china growth opportunities

 

China Unicom H1 profits up on lower costs, broadband growth

2015-08-21 10:35:00| Telecompaper Headlines

(Telecompaper) China Unicom reported revenues for the first half of 2015 down 3.3 percent from a year earlier to CNY 144.69 billion. Services revenue fell 5.3 percent, with mobile revenues down 9.7 percent to CNY 73.46 billion and fixed revenues up 2.2 percent to CNY 46.19 billion. Unicom blamed the drop on the changes to VAT in China and changes to its sales and marketing model. The latter resulted in reduced handset subsidies and operating costs, helping EBITDA for the period increase 5.8 percent to CNY 50.46 billion. Net profit was up 4.5 percent to CNY 6.99 billion. The operator highlighted the focus on broadband services, with 3G and 4G now accounting for 71.8 percent of mobile service revenue, up from 66.9 percent a year ago. The number of mobile broadband subscribers increased by 8.68 million in the six months to 157.79 million at the end of June, equal to 54.5 percent of total mobile subscribers, up by 6.8 percentage points over the same period last year.  Data usage by handset subscribers grew by 47.4 percent year-on-year, and the average monthly data traffic for mobile broadband customers was up 34.1 percent. 

Tags: china lower costs growth

 

Job growth soaring for American Airlines, Southwest

2015-08-20 22:08:15| Airlines - Topix.net

Employment is up at North Texas-based American Airlines and Southwest Airlines as both carriers outpaced their competitors in job growth, according to figures released Thursday. Fort Worth-based American employed 59,905 fill-time workers and 7,427 part-timers in June, for a total of 67,332, up 6.4 percent from a year ago.

Tags: american job growth southwest

 

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