(Reuters) - British engineering company Weir Group (L:WEIR) Plc and oilfield services firm Hunting (L:HTG) Plc said the near-halving of oil prices since last year has hurt their results.
Hunting said its 2015 profit from continuing operations would fall by 90 percent.
Weir said that it would cut a further 400 positions as part of its cost-cut plans.