Sunday 1 May 2016
 
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zombie

Zombies appear in US oilfields as crude plumbs new lows

Drained by a 17-month crude rout, some US shale oil companies are merely hanging on for life as oil prices lurch further away from levels that allow them to profitably drill new wells and bring in enough cash to keep them in business.

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‘Zombie’ products killing consumer brands

Companies have been damaging their business by launching ‘zombie’ and ‘cannibal’ products that eat into their profits, a report said. ‘Zombie’ products fail to provide long-term growth, acting a

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