Halliburton tops estimates on foreign oilfield strength
(Reuters) – Buoyant oilfield activity in Russia, Saudi Arabia and Angola helped Halliburton Co narrowly beat expectations on Monday with a 17 percent rise in third-quarter profit, but its shares slipped since its main competitors did even better.
Brazil gears up for big oil auction amid heavy security
RIO DE JANEIRO (Reuters) – Brazil geared up on Monday to sell production rights to its largest-ever oil discovery in a landmark auction that sparked widespread nationalist protests even though most of the world’s premier energy companies opted to stay …
SABMiller’s Europe boss looks beyond men to boost beer demand
WOKING (Reuters) – When Sue Clark named the near-black Fawcett’s Folly imperial stout the winner of SABMiller’s 2013 employee brew-off contest last week, it was not just because she likes dark beer.
Strong overseas demand boosts Hasbro’s results
(Reuters) – Hasbro Inc , whose popular toy brands include Monopoly, Nerf and My Little Pony, topped Wall Street’s profit estimates in the third quarter as strong overseas demand and cost controls helped overshadow weakness at home.
U.S. safety regulators probe Hyundai Genesis for brake issues
DETROIT (Reuters) – U.S. safety regulators have opened an investigation into an estimated 40,000 Hyundai Genesis cars from model year 2009 in the United States for potential brake problems.
Tough to make taper call at December Fed meeting: Evans
WASHINGTON (Reuters) – It will be “tough” for the Federal Reserve to have sufficient confidence in the strength of the U.S. recovery by its meeting in December to start scaling back a massive Fed bond-buying campaign, a senior U.S. central banker said …
Sharp Japan export slowdown dents ‘Abenomics’, flags Asia weakness
TOKYO (Reuters) – Japan’s export growth fell well short of expectations in September as the country posted a record run of trade deficits, a sign that slowing demand in Asia is taking the shine off Prime Minister Shinzo Abe’s stimulus policies.
Analysis: U.S. ‘war on coal’ may be good fight for some manufacturers
CHICAGO (Reuters) – When the Obama administration unveiled new emission regulations for coal-fired power plants earlier this year, the National Association of Manufacturers (NAM) blasted the proposed rules, saying they would hurt its members “twice” – …
SAP bucks gloomy software trend by keeping profit forecast
FRANKFURT (Reuters) – German business software firm SAP bucked the trend among rivals by keeping its 2013 profit forecast, buoyed by strong demand for its web-based software, though it warned volatile exchange rates could hit its reported results.
Wall Street banks learn how to survive in staged cyber attack
NEW YORK (Reuters) – A few months ago, a group of Wall Street banks fashioned a risk-manager’s worst nightmare to determine how they would survive. Luckily, it was all pretend.
