MIDEAST STOCKS - Factors to watch - Sept 25
Sept 25 Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy.
Feb 14 Precision Drilling Corp, Canada's largest oil and gas drilling contractor, posted a fourth-quarter loss, its first in nine quarters, as it recorded charges related to decommissioning of some of its less-efficient rigs.
The company posted a net loss of C$116 million ($115.7 million), or 42 Canadian cents per share, compared with a profit of C$28 million, or 10 Canadian cents per share, a year earlier.
Revenue rose 9 percent to C$534 million.
The company said in December it would record charges of between C$180 million and C$200 million in the fourth quarter as it decommissioned 52 lower-tier drilling rigs and exited the Tier 3 contract drilling business.
MEXICO CITY, Sept 24 A fire broke out on an oil tanker of Mexican state oil company Pemex in the Gulf of Mexico on Saturday, forcing all the crew to be evacuated in the latest accident to plague the struggling firm.
TORONTO, Sept 24 Canada's Unifor union has set a tentative strike deadline of midnight Oct. 10 for talks with Fiat Chrysler Automobiles NV, the labor group said on Saturday as it prepares to vote on a related deal with General Motors Co.