International companies pounded by global storm

THE global economic downturn has eroded the profits of international oilfield services provider Halliburton, while drilling contractor Weatherford International was also affected by the financial storm.

21 July 2009
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United States-based Halliburton said its diluted earnings per share for the second quarter of 2009 dropped by almost half, down 48% to $US262 million ($A322 million), due to continued weak demand in

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