mostly drifted lower on Friday as a sharp fall in global oil prices dealt a blow to energy shares, but prospects of lower fuel costs lifted shares of airline companies. Energy stocks such as PTT and PTT Exploration and Production led the losers on the Thai
feeding animals, while peanut costs could also challenge the recently acquired Skippy business. In addition, Hormel incurs fuel costs related to packaging and distributing its products to end consumers. Of the various factors that can influence commodity
JAKARTA, Nov 26 (Reuters) - Indonesia's central bank governor said on Wednesday he expected the annual inflation rate to rise to 6.1 percent in November, from 4.83 percent the previous month, after the president hiked subsidised fuel prices .
JAKARTA, Nov 24 (Reuters) - Indonesia's petrol-price hike could put the brakes on the speed at which consumers in Southeast Asia's biggest auto market buy cars and switch to four-wheels from two.
This dynamic might not hold true for those consumers who decide to fly to their holiday destinations. Despite much lower jet fuel costs compared with last year, airline fares have already started and will continue to increase. In fact, airline fares were
by higher government spending. Lower fuel prices have lifted U.S. consumer sentiment ..... by the fall in unemployment and lower fuel prices . However the weak euro and Japanese ..... demand further. China also reduced its fuel prices further in October, and cheaper fuel
the average price of a barrel of oil was $110, fuel accounted for 30 percent of airlines’ annual operating costs. Low fuel costs are cited as the main reason why Virgin America, which went public last week, reported third-quarter profits of $41.6 million
rate eased more than expected in mid-November, falling back within the official target range despite a recent increase in fuel prices . Consumer prices rose 6.42 percent in the 12 months through mid-November, statistics agency IBGE said on Wednesday
JAKARTA, Nov 19 (Reuters) - Indonesia's main stock index opened higher on Wednesday after the central bank raised interest rates following the government's move to cut subsidies and raise fuel prices .
possibly more importantly, to the actual viability of several poor countries, which suffer under the combined impact of rising fuel costs and their associated rising food costs. In some critical cases like Syria and Sudan, these cost increases are exacerbated by rapidly worsening