The Export Finance and Insurance Corporation (EFIC) says caution is still warranted on the global economic outlook . In the latest issue of its World Risk Developments report, EFIC cites risks in the US and the euro area as “a ...
Lydall, Inc. announced financial results for the fourth quarter and year ended December 31, 2012. Fourth Quarter 2012 (“Q4 2012”) compared to Fourth Quarter 2011 (“Q4 2011”) Net sales were $90.5 million, ...
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The Australian dollar softened yesterday after weaker-than-expected Chinese manufacturing data raised concerns over the momentum of recovery in the world's second-largest economy and Australia's biggest trading partner. The preliminary ...
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The premium of Gulf Coast ultra low sulfur diesel to heating oil widened Thursday to 9.3 cents/gal, the highest it has been since October 4, when the spread was 10.25 cents/gal. On Friday, Gulf Coast ULSD was pegged at NYMEX March ...
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Luxury and fashionable women’s lingerie brand Van de Velde announces its annual results for year 2012. - Consolidated turnover rises by 1.1%. - A decrease in wholesale turnover, a slight fall in gross margin and an important ...
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Indorama Ventures Public Company Limited (IVL), the world’s leading vertically integrated Polyester Value Chain producer, saw revenues rise by US$ 678 m to US$ 6.78 billion in 2012. The general sentiments for commodity Polyester value ...
Tags: Indorama Ventures, Textile, Polyester
The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
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Qantas CEO Alan Joyce. Photo courtesy of the ABC. The Qantas Group has announced statutory profit after tax of $111 million and underlying profit before tax of $223 million for the six months ended 31 December 2012. This includes $125 ...
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Rather than trying to hinder the high-frequency traders by taxing the buy and sell orders they place and withdraw in milliseconds every day, the Industry Super Network proposes a new trading model with a series of auctions through the day ...
Tags: high-frequency trades, Australia, investment
GC Rieber Shipping contracts a new build and enters into long-term time charter agreements Thursday, Feb 14, 2013 GC Rieber Shipping has entered into an agreement with Kleven Verft ("Kleven") to build a new 22 streamer 3D seismic vessel ...
Google chairman Eric Schmidt plans to sell 3.2 million "A" shares worth $US2.5 billion ($2.44 billion) over the next year, Google says in a filing with the Securities and Exchange Commission. The sale amounts to 42 per cent of Schmidt's ...
International credit ratings agency Moody's has announced that it has affirmed Russian steel producer NLMK’s Baa3 rating, with a stable outlook.The agency underscored that this decision reflects the global scale of the group’s ...
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Dr. A Sakthivel, Chairman AEPC, on behalf of the entire garment and textiles industry has welcomed the RBI third quarter review of monetary policy 2012-13. In his statement Dr Sakthivel said, “The lowering of the policy repo rate ...
Tags: Chairman AEPC, garment and textiles industry, RBI, CRR
The executive board of Rettenmeier Holding reached agreement with all of the institutes participating in the bank consortium on an extension of existing credit lines up to the end of 2015. Despite the fact that some of the guidelines for ...
RBI Governor Dr. D.Subba Rao released the Third-Quarter Monetary Policy 2012-2013 announcing the RBI decision to reduce the Repo Rate (Short-term lending to banks) by 25 basis points from 8.00% to 7.75% and also Cash Reserve Ratio (CRR) ...
Tags: TEA, RBI, Tirupur knitwear