No. 1 U.S. railroad Union Pacific Corp on Thursday reported a lower quarterly net profit due to a 6 percent drop in freight volumes led by a sharp decline in coal shipments.
The Omaha, Nebraska-based company reported second-quarter net income of $1.2 billion or $1.38 per share, down 8 percent from $1.3 billion or $1.43 per share a year earlier.
Analysts had expected earnings per share for the quarter of $1.35. (Reporting By Nick Carey
A letter obtained by showed that U.S. officials redoubled their efforts to convince EU counterparts that shipments of liquefied…
The British oil giant BP announced on Thursday that it had reached an agreement with the Iraqi Government on the technical…
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The Dutch and British wholesale gasoline prices were mostly range bound on Thursday morning, despite the colder weather.
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The Dutch and British wholesale gas price rose on Tuesday afternoon due to renewed concerns about Russian gas supplies to Europe starting in January.
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