ExxonMobil nominated its February US butadiene contract price unchanged from January as 83 cents/lb ($1,830/mt), sources said Wednesday. ExxonMobil was unavailable to confirm immediately. Market expectations were for a rollover ...
The sharemarket rose yesterday after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: stocks, sharemarket, economic
The Australian sharemarket rose after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: Shares, economic growth, sharemarket
News that Flowers Food has emerged as the "stalking horse" bidder for various Hostess Brands bread brands in the US caught our attention this week. Meanwhile, an entirely different kind of horse got tongues wagging on this side of the pond ...
Tags: Flowers Food, interview, just-food
The sharemarket closed at its highest level in 20 months yesterday as consumer staples, consumer discretionary, financial, energy and healthcare sectors enjoying strong gains as investors were frustrated with a lack of significant dips in ...
Tags: sharemarket, stocks, consumer staples
Premier Foods has indicated that its fourth-quarter sales were "in line" with expectations, despite "challenging" trading conditions in the period. The company said this morning (17 January) that it booked a "solid" performance in the ...
Tags: Premier Foods, fourth-quarter, sales
The Australian dollar surged and shares reversed early falls as China trade data showed the economic recovery of the world's second-largest economy is accelerating and exceeding market expectations. China's trade surplus rose sharply last ...
Tags: Australian dollar, shares, economic recovery, trade surplus
ABC News reported that iron ore prices have bounced back after bottoming three months ago, reigniting many shelved expansion plans. A once in a century mining boom has driven the Australian economy, sustained by China's huge appetite ...
Tags: iron ore prices, iron ore, mining, Australian economy
The Australian dollar has fallen after the US central bank hinted it might end its stimulus program earlier than expected. At 07:00 AEDT, the local unit was trading at $US1.0477, down from $US1.0484 yesterday afternoon. The minutes ...
Tags: Australian dollar, US, central bank, Fed Minutes
Facebook shares fell 11% in after-hours trading in to a record low of $23.94 after announcing its first financial results since listing on the New York stock exchange in May. While the social network announced second quarter revenues of ...
Tags: Facebook, social network, networking, company news
NYMEX January crude futures settled 88 cents lower at $85.89/barrel Thursday, while the rest of the complex also declined on a weak equities performance and US dollar strength. January heating oil settled 2.31 cents lower at ...
Tags: NYMEX, crude futures, weak equities performance, heating oil
19-12-2012 China's manufacturing sector ended the year on a high note with promising signs for continued growth in the new year. The preliminary purchasing managers'index(PMI)released by global banking giant hit 50.9 this ...
Tags: Manufacture, High, growth
US domestic polypropylene contracts for December were expected to rise 1 cent/lb ($22/mt) from November to around 66-67 cents/lb for homopolymer injection, in line with a similar uptick taking place in the monomer market, sources said ...
Tags: polypropylene, polymer grade propylene, polypropylene market
In the last 20 years, Essemtec Switzerland has successfully strengthened its position in the highly competitive market for production equipment for electronics. Regularly the company makes headlines introducing outstanding machine and ...
Tags: LED professional, LED lighting technology, LED lighting, LED production
UK bakery and ingredients firm The Real Good Food Co. has booked a drop in half-year profits, despite rising revenues. The sugar-to-dessert company said profit for the six months to end September dipped to GBP1m (US$161.9m), down from ...
Tags: Real Good Food, profits drop, rising revenues, company news