Market report: Mining service slump
A reduction in demand for commodities has started to filter through to the services sector around the world. Having first troubled this industry last summer, a new wave of problems have emerged, illustrated by a profit warning from one of Australia's leading engineers, WorleyParsons (WOR:ASX), whose shares dropped 12.5% to A$19.50 in Australia because of project cancellations and cost-cutting by r