The US economy is at risk of getting seriously dented due to the US budget dispute. Admittedly, the direct economic consequences of the government shutdown will probably be next to negligible. "However, the strain on the economy should be ...
Final numbers are in and August was a good month for Classes 5-8 truck orders, ACT Research reports. However, the industry forecaster said a lack of sustained economic growth is proving to be a drag on Class 8 demand, and build ...
Tags: Transportation, Auto Parts
Turkish rebar producer Izmir Demir elik Sanayi A. . (IDC) has announced its financial results for the second quarter and the first half of 2013, stating that for the coming period China's policies regarding capacity utilization rates and ...
Tags: rebar producer
Glaston adjusts its outlook for 2013. We expect 2013 net sales to be on the 2012 level and both the EBIT excluding non-recurring items and EBIT to be positive. (Earlier forecast: Glaston expects 2013 net sales to be on the 2012 level and ...
Tags: Construction, Glass
Korean steel giant Posco has given up to build a 6 million tons per year integrated steel mill in the south India and the company already stopped any work of this project. Posco mentioned delays in gaining approvals to mine and persisting ...
It's reported that Korean steel giant Posco has announced to cancel its INR 32,000 crore integrated steel plant project in Karnataka due to protract delay in acquisition of land and no potential market favor at current position. Meanwhile, ...
Tags: Construction, Packaging
DESPITE deep reservations about domestic political instability and shaky conditions in the resources sector, professional investors expect local shares to shrug off May's malaise and see the All Ordinaries index retest 5000 points by ...
Tags: economy
Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
Well-healed Australian investors, battered by political uncertainty and the ongoing aftershocks of the global financial crisis, are maintaining their faith in local shares, according to an exclusive survey of individuals with at least ...
Speaking at the International Steel Trade Day organized by STSG-Eurometal in Milan on April 4, Cesare Viganò, general manager of Italy-based CLN, presented his outlook for the steel market in 2013. The global steel industry has ...
Tags: Viganò, Mineral, Steel Trade
Ezz Steel, the largest steelmaker in Egypt announced to remain its prices for hot rolled coils (HRC) unchanged at EGP4,950/ton for April bookings due to weak demand. It’s learned that the domestic buyers have become more cautious of ...
Tags: Ezz Steel, HRC Prices, Mineral
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
Political uncertainty may add to pressure on the sharemarket after Julia Gillard accepted a request from Labor Party powerbroker Simon Crean for a party vote on who should lead the party to the federal election in September. The ...
Tags: Stocks, Political Uncertainty, economy
LABOR veteran Simon Crean's dramatic decision to call for a leadership spill pushed the Australian dollar down in the immediate aftermath of his announcement. The currency was trading at $1.0373 at 5pm AEDT, down from $US1.0391 at 1pm ...
Tags: LABOR Turmoil, economy, Dollar
The latest Manpower Employment Outlook Survey results show hiring sentiment for the second quarter of 2013 will remain subdued, as local economic and political uncertainty continues to affect employers. The survey found employers' hiring ...
Tags: Australian Market, Service, economy