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Copper Pain Seen Not Deep Enough to Spur Cuts Needed to End Glut
2016-01-08 15:16:22| Footwear - Topix.net
Copper at $2 got the market's attention, but it will fail to spur big enough production cuts to reverse a glut of the metal. Futures, which Thursday traded below $2 for the first time since 2009, could drop as much as 25 percent more before the industry implements "meaningful" reductions in output, according to Kenneth Hoffman, a senior analyst of metals and mining at Bloomberg Intelligence.
Massive Downsizing In Oil Sector Brings Acute Pain For The Holidays
2015-12-17 13:18:10| Oil & Gas - Topix.net
The price of oil is displayed in downtown Midland, Texas, in February. Across the state, drilling budgets have been cut and companies have laid off workers.
Canada's oilpatch adjusts to the 'new normal' after a year of pain
2015-12-15 18:00:12| Energy - Topix.net
"It's definitely a noticeable slowdown," said Mayor Craig Copeland, who has been hearing from hotels, restaurants and retailers that business is down about 30 per cent year-over-year in the oilpatch's bedroom community. It's not much of a surprise, with crude prices spending most of the year under US$50 a barrel and sinking below US$40 a barrel this month.
Canada's oilpatch adjusts to the 'new normal' after a year of pain
2015-12-15 17:59:59| Oil & Gas - Topix.net
"It's definitely a noticeable slowdown," said Mayor Craig Copeland, who has been hearing from hotels, restaurants and retailers that business is down about 30 per cent year-over-year in the oilpatch's bedroom community. It's not much of a surprise, with crude prices spending most of the year under US$50 a barrel and sinking below US$40 a barrel this month.
Hot New BunsenLabs Linux Eases Pain of CrunchBang Loss
2015-12-07 23:25:28| TechNewsWorld
BunsenLabs Linux does a bang-up job of picking up where CrunchBang Linux left off. Developer Philip Newborough retired the popular minimalist distro earlier this year. In a world of feature-packed operating systems and bloated Linux distros, he felt his CrunchBang alternative served no further purpose. BunsenLabs is one of three CrunchBang replacements that mimic the lightweight but functional OS.
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