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Exxon profit lowest since 2009

Exxon Mobil posts its worst quarterly performance since 2009 as a worldwide glut of oil collapsed prices faster than explorers trim costs.

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Paul O
INDEPENDENT MEDIA

ArcelorMittal in cost war

ArcelorMittal South Africa will import iron ore it it fails to renegotiate a price deal with Kumba Iron Ore unit.

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SamsungPhoneJoburg
REUTERS

$10bn wiped off Samsung value

Suwon - Sluggish sales of Samsung Electronics’s Galaxy S6 smartphones helped trigger a share decline that wiped more than $10 billion from its market valu... Read Story

Emerging-market currencies dive

The biggest decline in emerging-market currencies since the global meltdown turns into something destructive.

Exxon profit lowest since 2009

Exxon Mobil posts its worst quarterly performance since 2009 as a worldwide glut of oil collapsed prices faster than explorers trim costs.

 

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