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Both are threatened by Russia�s plans to build the Nord Stream pipeline, which will cut Ukraine out of the gas trade, and Moscow�s ambition to control a sphere of influence, which will, at a minimum, extend to borderlands with large Russian populations.
Tags: Ukrainian/Russian, Moscow, Ukraine, remain challenging, economic recovery
The company said that its pre-tax loss for the year to 31 July was £766m ($1.2bn), compared with a profit of £399m in the same period last year. The construction industry has been one of the hardest hit by the recession. "Market conditions will remain...
Tags: Wolseley Swings, Wolseley PLC, remain challenging, billion pounds, materials group, build materials, market conditions, tax loss, United Kingdom, London
Three of Australia's biggest property trusts swung to full-year losses as they lowered the value of their assets, and cautioned that the outlook remains challenging. Property trusts globally have been hit by weaker market conditions, dragging down property...
Tags: Iluka, Dexus Property Group, Australian Property Trusts Post, remain challenging