Australian shares rose to a 4 1/2 year high yesterday on strength in Asian and European markets. US economic data beat expectations and central bankers in Europe and the US reassured investors easy monetary policy will continue. ...
Tags: Australian shares, economic data, shares
The Australian dollar regained losses incurred after Italian election results added to concerns the debt-ridden country could abandon austerity measures. At 7am AEDT the currency was trading at 102.89 US cents, up from 102.79 US cents at ...
Tags: Australian dollar, currency, US cents
Arms vendors are moving into the cyber security sector in response to a decline in sales of their traditional weapons, according to the Stockholm International Peace Research Institute It is the first time that annual arms sales have ...
Tags: cyber security, Arms, annual arms sales
According to the Economic and Steel Market Outlook 2013-2014/Q1 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in the third quarter of 2012 construction activity in the EU declined by five percent year ...
Tags: EU, Construction Output, Decoration
Carrefour, Europe's largest retailer, has recorded an increase in full-year sales as good growth in the emerging markets of Latin America and Asia offset tough trading in Europe. In the 12 month period, sales edged up 1% to EUR86.56bn ...
Indian steel giant Tata Steel forecasted that its sales would rise in the fiscal year 2013/14 (during April 1st, 2013 through March 31st, 2014), stimulated by increased demand. It’s learned that steel demand from India and Europe ...
Tags: India, steel giant Tata Steel, fiscal year
The local sharemarket's stellar finish to the year threatens to be curtailed by faltering US political efforts to avoid the"fiscal cliff"of$US600 billion tax rises and spending cuts automatically coming into effect on January 1. Despite ...
Tags: equities, fiscal cliff, US economy, political efforts
Europe's coatings companies, especially the multinational ones, are reasonably confident they can continue to increase their sales in the short- to medium-term, unless the world is plunged into a second recession. But they are much ...
Tags: coating, Europe, recession, sales, interim results
The number of IT contractors expecting growth in public sector job opportunities has doubled since last year, as public sector organisations turn to IT contractors for sudden spikes in workloads. A survey by employment provider Giant ...
Tags: IT contractors, job opportunities, sudden spikes, austerity measures
There is set to be as many as 300,000 more households in fuel poverty this Christmas than was the case last year,according to a government advisory group. The Fuel Poverty Advisory Group has called on the prime minister David Cameron to ...
Tags: fuel poverty, Energy Efficient Lighting, Energy prices
SAP now says it will proceed with two major user conferences set for Madrid next month, after saying earlier this week that it was weighing its options following concerns over labour strikes planned for the same time as the shows. But the ...
Tags: cloud, Madrid, SAP, Sapphire NOW, TechEd, cloud applications strategy
Shares of technology companies finished up for the third quarter Friday, but face economic uncertainty for the rest of the year. The Nasdaq Computer Index closed Friday at 1,675.51 compared to 1,580.13 at the end of June. However, they ...
Tags: Wall Street, Tech, Q3
Reuters reported that London copper inched up after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis but worries China's return to growth will be sluggish weighed on sentiment. ...
The Jaguar C-X75 hybrid supercar has been dropped from Jag's production plans,with the luxury British manufacturer blaming its decision on the crippled European economy. Despite originally giving the C-X75 the green light in May ...
Tags: Jaguar C-X75, Jag, luxury British manufacturer, pure-electric
Royal Bank of Scotland’s insurance arm Direct Line being demerged from the parent company is gearing up to slash about 900 employees, as a part of its 100m pounds cost-cutting drive. The auto insurer has drawn an outline to save the ...
Tags: demerge, Royal Bank of Scotland's insurance, Direct Line