THE dollar is trading near $US1.046 heading into the start of the domestic trading day. At 6.30am AEDT, the Aussie was trading at $US1.0458, little changed from yesterday's local close of $US1.0455. During the overnight offshore ...
Tags: economy
Ireland-based Holfeld said its new Diamat technology, a plastic extruder, can processes PET sheets with up to 50% recycled post-consumer PET. In a statement, the firm said: “The decontamination process is the nub; it involves 50% ...
Tags: PET flakes, PET sheets, food packaging
AUSTRALIAN Securities & Investments Commission chairman Greg Medcraft has urged investors and investment houses to exercise more care in dealing with complex financial products, highlighting the growth of self-managed super funds as the ...
Tags: economy, industry view
In the week ended March 22, prices decreased strongly in the London Metal Exchange (LME) billet market, after the uptrend recorded in the previous week which had followed two weeks of downward movement. The following prices were recorded in ...
Tags: London Metal Exchange, LME, LME billet
In February this year, global pig iron production amounted to 92 million metric tons, decreasing by 5.2 percent compared to the previous month and up 3.4 percent on year-on-year basis, according to the preliminary data covering 38 countries ...
Tags: Pig Iron Output, Pig Iron, Iron Output
THE Australian sharemarket rose yesterday, with the financial sector accounting for much of the strength, after eurozone finance ministers approved a new agreement on Cyprus and the so-called troika of international lenders. The benchmark ...
Tags: economy
Cotton Australia is rallying the industry behind a campaign to stop a proposed 17.5% increase in electricity tariffs for Queensland growers. Cotton Australia’s Policy Manager for Queensland & Water, Michael Murray, says the ...
Tags: cotton sector, cotton, cotton fetches
SynCardia Systems, a manufacturer of Total Artificial Heart, has secured $15m structured financing from Athyrium Opportunities Fund and $4m follow-on equity investment from existing shareholders. The company will use the capital to ...
Tags: SynCardia Systems, Artificial Heart, biventricular heart
THE Australian dollar rose to a two-month high on the back of news of a bailout deal to support banks in Cyprus and its embattled government. The bailout will consist of US$10 billion in financing for the government and require the ...
Tags: ceonomy, Australian dollar
The benchmark S&P/ASX 200 closed up 0.2 per cent at 4967.3 points after hitting a six-week low of 4927.9. Financials and consumer staples lent support, with ANZ, Westpac, NAB, Woolworths and Wesfarmers up 0.8 per cent to 1.5 per cent. ...
Tags: economy
Microbes lurk almost everywhere, from fresh food and air filters to toilet seats and folding money. Most of the time, they are harmless to humans. But sometimes they aren't. Every year, thousands of people sicken from E. coli ...
Investors ignored positive offshore leads yesterday as political uncertainty grew following the dramatic events in Canberra throughout the afternoon. The benchmark S&P/ASX 200 closed down 0.2 per cent at 4959.4 points, reversing an early ...
Tags: benchmark, Canberra Chaos, Reverse
INVESTORS traded through the political leadership drama in Canberra yesterday with an eye firmly on the federal election in September, encouraged that almost three years of minority government that has contributed to uncertainty on policy ...
INVESTMENT banks, suffering the softest period for takeover completions in almost a decade, are facing the prospect of another weak year of deal-making as companies remain cautious and shy away from big mergers and acquisitions. In ...
Tags: M&A, Downward Spiral, economy
The QComp 5G Palletizer features a durable, robust robot that boasts a picking rate of up to 20 picks per minute. Its compact modular design frees up valuable floor space, reduces installation times and saves customers money.? "The new 5G ...
Tags: Robotic Palletizer, Packaging, Printing