THE Australian dollar was slightly lower as weak US consumer sentiment figures and concerns about the Cyprus bank bailout weighed on market sentiment. At 7am AEDT the local unit was trading at 103.58 US cents, down from 103.69 cents on ...
Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting worries that China's demand for Australian exports would weaken. At 4.47pm AEDT, the Aussie fetched $US1.0224 compared with ...
Tags: Aussie, US, Australian dollar
Analysts say the proposal for internet users to delete their online data and become invisible online could create a black hole in the web economy. Tineka Smith reports. Last year the European Commission announced proposals for the 'right ...
Tags: internet, web economy, cyber security
According to the statistics released by the Turkish Automotive distributor Association (ODD), in the first two months of this year the domestic passenger car market grew by 24.6 percent compared to the same period last year, with sales ...
The Reserve Bank's decision yesterday to keep rates on hold for the second month in a row pushed the Australian dollar higher but capped share price gains as traders pared back the likelihood of further interest rate cuts this year. The ...
The Australian sharemarket roared back yesterday, recovering most of its 75-point loss on Monday, after a US Federal Reserve official reiterated the central bank's commitment to quantitative easing, local retail sales exceeded expectations ...
Tags: sharemarket, benchmark, Share trading value
The dollar climbed sharply today after the Reserve Bank of Australia left interest rates unchanged and indicated there is little rush to cut rates again soon. Earlier, government data showed retail sales rose at their fast pace in seven ...
Chancellor George Osborne could spring a huge surprise when he announces his budget on March 20 by raising short-term borrowing to stimulate much needed growth in Britain’s stagnant economy, the head of economics at the HSBC has said. ...
Tags: Chancellor George Osborne, budget, HSBC
The Australian dollar slumped to its lowest level in more than four months overnight after improved US economic figures and comments from Federal Reserve chairman Ben Bernanke's boosted the greenback. At 7am AEDT the currency was down ...
Tags: Australian dollar, US economic, dollar
This year's Spring Fair International welcomed 68,116 visitors through the doors of the Birmingham NEC earlier this month - a rise of six per cent in 2012. Buyers attended from independent retailers, as well as major stores such as ...
Tags: Spring Fair International, Birmingham NEC, company news
A change in federal tax law that decreased the take-home pay of many working Americans is impacting household budgets. According to NRF’s 2013 Tax Returns Survey conducted by BIGinsight, nearly three-quarters (73.3%) of those polled ...
Tags: Tax changes, Tax, federal tax law
Dutch organic food group Wessanen has widened its net loss in fiscal 2012 due to impairments and restructuring charges. In the 12 month period, net losses widened to EUR53.2m (US$70.1m) from EUR17.1m a year earlier, it said today (22 ...
Tags: Dutch food group, food groupfood
Wal-Mart Stores today (21 February) set a forecast for first-quarter earnings below analyst estimates amid caution over the economy and consumer confidence. The world's largest retailer said it expects first-quarter earnings per share of ...
Bakkavor has booked an increase in earnings during 2012 as the group was able to extend its "market leading positions" in the chilled and convenience sectors. The company today (21 February) revealed that operating profit rose to GBP56.8m ...
Own-label chilled food manufacturer Bakkavor said consumer confidence had been dented by the horsemeat scandal, while reporting a 5.4% increase in like-for-like sales in its full-year results ended December 29 2012. Last year Bakkavor ...
Tags: chilled food, Bakkavopr, horsemeat scandal