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Samsung Electronics keeps mobile chief despite falling profits
2014-12-01 03:10:15| Chemicals - Topix.net
Top global smartphone maker Samsung Electronics Co Ltd said on Monday that mobile division chief J.K. Shin will retain his position, dashing for now speculation that he could be forced out in response to shrinking profits. Samsung Group defied expectations of a shake-up at Samsung Electronics over its sagging smartphone sales, announcing no top executive changes at the flagship affiliate in the annual management reshuffle.
Tags: mobile
electronics
chief
samsung
Falling oil price costs Russia $100bn
2014-11-24 10:56:52| BBC News | Business | UK Edition
The falling oil price is costing Russia up to $100bn a year, while Western sanctions have hit the country by a further $40bn, its finance minister says.
This Offshore Drilling Stock May Thrive Despite Falling Oil Prices
2014-11-21 06:36:45| Oil & Gas - Topix.net
NEW YORK -- The offshore drilling market has been struggling with overcapacity and falling crude oil prices, but Atwood Oceanics In an email to TheStreet , Mark Mey, Atwood's chief financial officer said the offshore driller is one of only two expected to grow revenue and earnings per share into 2016. Mey didn't mention the name of the other driller, but it's likely Houston-based Rowan Companies , which has forecast revenue growth for 2015.
Tags: stock
prices
oil
falling
Antimicrobials: Usage Falling, Resistance Rising
2014-11-19 01:00:00| ThePigSite - Industry News
GLOBAL – Antimicrobial usage is falling in Europe but bacterial resistance to antibiotics is increasing at an alarming rate.
Tags: usage
rising
resistance
falling
Pioneer will sell $1B in stocks, pipeline to ride out falling oil prices
2014-11-14 16:29:53| Oil & Gas - Topix.net
Pioneer Natural Resources will continue operating in the Permian Basin despite falling crude oil prices by selling a pipeline in the Eagle Ford Shale , CEO Scott Sheffield said in a conference call. "It allows Pioneer to really prudently develop its assets in what I believe could easily be a $70 to $80 oil price environment over the next two years," said Scott Sheffield , CEO of Pioneer.
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