UK oilfield services company warns profit margins would continue to decline this year
Archive for the ‘Finance’ Category
Talk of asset sales has been replaced by a focus on growth and new projects
SE Asian city-state is home to some of the world’s biggest refineries
Anglo-Australian miner buoyed by jump in commodity prices
Plan intended to improve corporate governance and lift trading in group’s stock
ANYONE who has tried to hold a conversation in a West London garden will wonder how it is possible to squeeze any more more flights into Heathrow Airport. On average, a chinwag is interrupted every minute or so by a Boeing or an Airbus rumbling overhead.
And yet each year more people manage to pass through. The latest figures from Airports Council International (ACI), an industry group, show that in 2016 passenger numbers grew by 1% at Europe’s busiest hub, to 75.7m. Charles de Gaulle in Paris, Europe’s second busiest airport, lags way behind (see chart).
Heathrow’s two runways are currently running at the very limit of their capacity. That will change once a third runway opens, perhaps in 2026. But in the meantime the only way for the airport to continue to grow is to service bigger planes. This year Korean Air became the ninth airline to fly A380 superjumbos into the airport….Continue reading
US group accuses Jakarta of violating its rights at flagship copper deposit
The oil price recovery needs to continue for the Australian engineer to prosper
Country should never again be exposed to the volatility of commodity prices
Group says government incentives encourage the retention of polluting coal plants