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ASX rises as investors cheer BHP and QBE

2015-02-24 08:44:38| Agriculture - Topix.net

BHP Billiton rallied 2.9 per cent to close at $33.06 on Tuesday, after it posted a $5.35 biillion underlying attributable profit. Photo: AFP The sharemarket rose to its highest close since the global financial crisis, as upbeat earnings results from BHP Billiton and QBE Insurance Group brightened the day.

Tags: investors rises cheer bhp

 

Investors eye sugar industry

2015-02-23 08:42:10| Sugar Industry News

TRYNESS MBALE, Mazabuka THE Zambia Development Agency (ZDA) has received several applications from prospective investors into the sugar industry.

Tags: industry eye sugar investors

 
 

Fitch warns of pressures on Australian LNG investors

2015-02-23 03:58:54| Oil & Gas - Topix.net

A dive in Asian liquefied natural gas prices expected in the second half of 2015 is poised to put pressure on the credit ratings of European energy majors such as BG Group and France's Total, whose ventures in Australia are likely to be unprofitable, Fitch Ratings says. Local players such as Woodside Petroleum, which generated about 64 per cent of its revenues from LNG last year, would also be hit this year, after seeing a "limited" hit in 2014 because of the lag between crude oil prices and LNG, the ratings agency said in a new analysis.

Tags: australian investors pressures lng

 

Fitch warns of pressures on Australian LNG investors

2015-02-22 19:14:04| Energy - Topix.net

A dive in Asian liquefied natural gas prices expected in the second half of 2015 is poised to put pressure on the credit ratings of European energy majors such as BG Group and France's Total, whose ventures in Australia are likely to be unprofitable, Fitch Ratings says. Local players such as Woodside Petroleum, which generated about 64 per cent of its revenues from LNG last year, would also be hit this year, after seeing a "limited" hit in 2014 because of the lag between crude oil prices and LNG, the ratings agency said in a new analysis.

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What the Dow Chemical Company's $20 Billion Growth Project Means to Investors

2015-02-22 10:09:57| Chemicals - Topix.net

To earn big, you have to spend big. When it comes to an industry as massive and globally competitive as petrochemicals, the definition of "big" can reach unparalleled heights.

Tags: to means project growth

 

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