The sharemarket rose for a third consecutive session yesterday after the Australian dollar weakened further in offshore trade. Non-resources companies with US-dollar income remained in demand, although commodity price falls restrained the ...
Tags: Bourse, Greenback Exposure
The sharemarket was higher despite weakness among major resources stocks as investors waited for the federal budget. Most major sectors were up at noon, with information technology shares leading the way and despite a dip in the energy ...
Tags: Australian Market, Mining Stocks
Reportedly, Indiana Pickling and Processing, a joint venture with Bethlehem Steel and Signode Corporation in Portage, Indiana, has invested approximately US$7 million in northern Indiana in order to increase its pickling output. Meanwhile, ...
The Australian dollar has remained below parity with the greenback as healthy American retail data underpinned strength in the US currency. At 12pm AEST today the dollar was trading at 99.77 cents, down almost a quarter of a US cent from ...
Tags: Australian Dollar, Retail Data
High-profile stockbroker Charlie Aitken has weighed into the debate around the Australian dollar, saying that a wave of hedge funds could be set to short the currency and the biggest winners would be industrial stocks, not resources. As ...
Tags: Australian Dollar, Charlie Aitken
Aperam Luxemburg based stainless steel producer Aperam realized sales revenues of US$1.269 billion in the first quarter of this year, falling by 2% from US$1.294 billion in the fourth quarter of 2012. In the first quarter of this year, the ...
InventoryControl version 7 is a complete inventory tracking solution for small and medium-sized businesses. It is available in three editions: Standard, RF Professional, and RF Enterprise. Responding to the number one customer-requested ...
Tags: Tracking Solution, Packaging
Dr. A Sakthivel, Chairman AEPC, on behalf of the entire Textiles Industry has complimented Shri Anand Sharma for bringing in the favorable Foreign Trade Policy and timely interventions that lead to this turn around in the exports of RMG and ...
Tags: AEPC Chairman, Trade Policy
A seeming mundane change in the format of a table can have concrete consequences for industry improvement. In a press note distributed world wide on May 13, 2013, the Cotton Association of India (CAI) reported Indian cotton production, ...
Tags: ICAC Hails, Cotton
When “Great Gatsby” costume designer and Oscar winner Catherine Martin looked for design inspiration for Baz Luhrmann’s film adaptation, she went no further than Brooks Brothers. A favorite of Gatsby author, F. Scott ...
Tags: Brooks Brothers, Supima Cotton
Fujairah Cement Industries (FCI) has recorded a drop in revenue for the first three months of 2013. Figures released to the Abu Dhabi Securities Exchange show the total revenue up to March 31 was AED130,192,431 as compared to ...
Tags: Fujairah Cement, Cement Industries
April 2013 prices of 40W and 60W retrofit LED light bulbs in Japan were JPY1743/unit and JPY2357/unit, respectively, showing an on-month decrease of 4% and 12.5%. April prices of 40W retrofit LED light bulbs in South Korea showed an ...
Tags: LED bulbs price, LED Bulbs
LeapFrog enjoyed a healthy 40 per cent growth in March YTD, according to new data released by NPD. The impressive figure means that LeapFrog has maintained its position as the eighth biggest toy manufacturer in the UK, with the firm ...
The world’s top steelmaker ArcelorMittal said today that its first-quarter EBITDA was US$1.565 billion, which is 26% lower than the same period of 2012, but it sees positive core profit trends for the coming months. The company ...
Tags: ArcelorMittal, steelmaker, steel
Reportedly, Nippon Steel & Sumitomo Metal Corp. (NSSMC), the second largest steelmaker in Japan released its financial result for the fiscal year 2012/13 ended on March 31st. NSSMC posted a net loss of 124.6 billion for the fiscal year ...