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Easyjet first half losses to fall

2015-01-27 11:44:19| BBC News | Business | UK Edition

Easyjet expects first half losses to shrink, helped by growing capacity and a record number of business passengers.

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Marubeni expects $1bn writedown on losses

2015-01-26 10:21:38| Chemicals - Topix.net

Marubeni Corporation expects to write down $1 billion on the value of energy and commodity assets after the plunge in crude oil prices and a failure to meet targets at its Gavilon Holdings LLC grain unit. The Tokyo-based trading company halved its forecast for net income this year to 110 billion yen after recording about 95 billion yen in writedowns on oil and gas assets, including in the North Sea, and about 50 billion yen on US grain merchant Gavilon, bought for $2.7 billion in 2013 as Marubeni's largest-ever acquisition.

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Marubeni expects $1bn writedown on losses

2015-01-26 10:01:49| Grocery - Topix.net

Marubeni Corporation expects to write down $1 billion on the value of energy and commodity assets after the plunge in crude oil prices and a failure to meet targets at its Gavilon Holdings LLC grain unit. The Tokyo-based trading company halved its forecast for net income this year to 110 billion yen after recording about 95 billion yen in writedowns on oil and gas assets, including in the North Sea, and about 50 billion yen on US grain merchant Gavilon, bought for $2.7 billion in 2013 as Marubeni's largest-ever acquisition.

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Saxo Bank faces 70m Swiss losses

2015-01-23 22:29:34| BBC News | Business | UK Edition

Danish currency trading specialist said it could afford to absorb losses if customers failed to meet their obligations

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TSX adds to losses as oil slips further

2015-01-12 18:11:34| Energy - Topix.net

The Toronto stock market plunged well over 200 points mid-morning Monday, led by another sizable loss in energy stocks amid a pricing forecast from investment bank Goldman Sachs that forecast further big declines in oil prices. The S&P/TSX composite index fell 237.46 points to 14,147.46 with the energy sector down almost five per cent.

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