THE Australian dollar weakened slightly after the International Monetary Fund warned of a prolonged growth slowdown in China. At 6.30am AEST the local unit was trading at 91.79 US cents, down slightly from 91.83 cents at yesterday's local ...
Tags: economy
THE Australian stockmarket opened higher following gains on Wall Street and European bourses as Alcoa kicked of the US earnings season. The aluminium producer posted a sharp Q2 loss of $US119 million ($130.989 million) citing ...
Tags: Metallurgy, Mineral, Energy
The call was made at a parliamentary reception last week hosted by Plastics 2020, the industry umbrella group run by the British Plastics Federation (BPF), the Packaging and Films Association (PAFA) and Plastics Europe. The plastics ...
Tags: Packaging, Printing, Plastics Industry
The survey has been conducted by Germany's plastic trade association Industrievereinigung Kunststoffverpackungen (IK). In a statement, IK said: "Foreign enterprises are able to calculate with much lower energy costs: at times power costs ...
Tags: Packaging, plastic trade, Plastic Packaging
AUSTRALIAN shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies. The strong gains continue the volatility on the market, with shares ...
Tags: Market Rises, economy, stock
OPPOSITION treasury spokesman Joe Hockey says the rapidly falling Australian dollar is having an "immediate negative impact" on business confidence and fuel prices, despite being good for exporters. Mr Hockey said falling interest rates ...
BEARISH bets for the dollar are turning savage, with Credit Suisse slashing its forecast to US75c after conceding the currency is "normalising" quicker than it expected. In one of the biggest dollar calls in the market by a major bank, ...
Tags: Credit Suisse, dollar, bank
BEARISH bets for the Australian dollar are turning savage, with Credit Suisse slashing its 12-month forecast to US75 cents after conceding the currency is "normalising" quicker than it expected. In what may be the biggest dollar call by a ...
Tags: Australian dollar, economy, bank
THE Australian dollar has regained some ground after dropping below 91 US cents for the first time in almost three years. At 6.30am AEST, the local unit was trading at 90.75 US cents, up from 90.62 cents at yesterday’s local close. ...
Tags: Dollar, Australian dollar, economy
THE Australian dollar is higher after a comment from Reserve Bank governor Glenn Stevens that caused the local currency to fall to a three-year low was dismissed as a lighthearted remark. At 5pm today, the local unit was trading at 91.06 ...
Global growth in IT spending is slowing, according to analyst group Gartner, which forecasts that total spending in 2013 will amount to $3.7 trillion, an increase of just two per cent on the $3.6 trillion that it believes was spent ...
Tags: IT, Computer Products, software
Following the first reversal into negative territory in ten months in April, the Architecture Billings Index has bounced back in May. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve ...
The Australian dollar has opened firmer despite some positive US manufacturing activity data. At 6.30am AEST the local unit was trading at 92.36 US cents, up from 91.99 cents at yesterday’s local close. The currency regained ...
Pending home sales rose in May to the highest level since late 2006, implying a possible spark as mortgage interest rates began to rise, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking ...
Tags: Construction, Decoration
Beck's Beer, the most popular German beer brand in the world and longtime friend of the arts, has unveiled the six original pieces of artwork that will comprise the 2013 Beck's Art Labels project. Each year, Beck's selects six artists, ...
Tags: Packaging, Printing, Beer Labels, Label