Georg Fischer generated sales of CHF 1,837 million during the first half-year of 2013, slightly lower than in the previous year. Adjusted for currency effects, divestments and acquisitions, the figure is equivalent to last year?s first ...
Tags: Processing Machinery
Swedish specialty steel producer SSAB has posted its financial results for the second quarter and the first half of the current year, reporting a net loss of SEK 144 million ($22 million) for the second quarter, compared to a net profit of ...
Tags: specialty steel, Mineral
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
The SGS Group delivered a resilient first semester revenue growth of 7.2% (constant currency basis) to CHF 2.9 billion despite challenging market conditions for some of the Group’s business sectors and the winding down of Life Science ...
Tags: SGS, market conditions
Investment in equipment and software is expected to grow 4.8% in 2013, according to the Q3 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. The Foundation ...
Tags: Manufacturing, Processing Machinery, economy
While even the most basic coffeemakers we tested made a good cup of coffee, some features make a machine easier and more convenient to use. Others you won't need. To decide which coffeemaker features you need, consider the list below. ...
Tags: Coffeemakers, Features
THE Australian dollar gained after disappointing US retail sales figures put pressure on the greenback. At 6.30am AEST the local unit was trading at 91.02 US cents, up from 90.87 cents at yesterday's local close. The Australian dollar ...
Tags: economy
In the first half of the current year, South Korea's car production fell by 4.3 percent year on year to 2,279,790 units, according to a report released by the Korean Ministry of Knowledge Economy (MOTIE). The report says that the fall on ...
Tags: Car Output, Mineral
The Australian Competition and Consumer Commission has issued a draft decision proposing to grant conditional authorisation for three years for Virgin Australia and Air New Zealand Limited to continue their trans-Tasman alliance. "The ...
China Petroleum and Chemical Corp, or Sinopec, has slashed its ex-works prices for butadiene by 16% effective late Monday, its second cut this month, end-users said Tuesday. With the latest reduction, Sinopec's subsidiaries in East, North ...
Tags: Sinopec, Butadiene Prices
THE Australian dollar is higher after bouncing back from losses caused by weaker than expected Chinese trade figures. At 5pm, the local unit was trading at 91.96 US cents, up from 91.83 cents yesterday. LTG Goldrock director Andrew ...
Tags: economy
The International Monetary Fund has lowered its oil price forecasts to $100.09/barrel in 2013 and $95.36/b in 2014. In April, the IMF forecast that oil prices would average $102.60/b this year and fall back to $97.58/b in 2014. However, ...
Gartner has lowered its expectations for growth this year in global IT spending, saying it will rise 2% to $3.7 trillion. Earlier this year, the analyst firm predicted 2013 growth of 4.1%. The reduction "mainly reflects the impact of ...
Goldman Sachs said earlier this week it had closed its Brent/WTI spread trade recommendation after the ICE Brent premium to NYMEX crude fell below its target of $5/b, adding short-term scope for further narrowing remained, but pipeline and ...
Tags: Chemicals, Goldman Sachs
NYMEX August crude settled $1.43 higher at $97.99/barrel Monday on Middle East tensions and as better-than-expected manufacturing data from Europe helped boost US equities. NYMEX's rise outpaced ICE August Brent's 84-cent gain to $103/b, ...
Tags: US Dollar Index