The Capital Market Authority (CMA) has imposed a penalty of SAR 70,000 on Al Jouf Cement Co., for delaying report on its board of directors. The company was fined due to its violation of clause A of Article No. 46 of the Capital Market ...
Tags: Jouf Cement, Construction
The local sharemarket fell in cautious trade yesterday before US Federal Reserve chairman Ben Bernanke's testimony to US congress and the release overnight of the minutes of this month's Fed board meeting. The benchmark S&P/ASX 200 closed ...
Tags: Sharemarket, Bernanke, US Congress
IAF President Mr. Harry van Dalfsen announced that IAF will launch an action plan on global responsibility. While speaking in the opening session of the Fashion Retail Summit in Mumbai celebrating the 50th anniversary of the Clothing ...
The Australian dollar is lower ahead of the Reserve Bank of Australia's interest rate decision. At 6.30am AEST the currency was trading at 102.53 US cents, down from 102.72 US cents at yesterday’s local close. The Reserve Bank of ...
Tags: Australian Dollar, RBA Rates
The sharemarket closed lower but recovered some ground after the Reserve Bank cut the cash rate to a record low. At the close today, the benchmark S&P/ASX200 index was down 12.5 points, or 0.24 per cent, at 5143.7 points. The broader ...
Tags: Banks, Record Rate Cut
Furniture First buying group elected new board members Ken Paul of FrontRoom Furnishings in Columbus, Ohio, and Richard Talsma of Talsma Furniture in Hudsonville, Mich., to two-year terms during the group's general membership and annual ...
The dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 5pm AEST, the local unit was trading at $US1.0272, up from $US1.0254 on Friday. The Aussie ...
Tags: US Unemployment Rate, Service
The UK Food Standards Agency (FSA) has announced that it would launch a review into its handling of the horsemeat scandal. The food safety watchdog announced this at a board meeting in Cardiff. The independent investigation will be led by ...
Tags: Horsemeat Scandal, Food
General Motors has underscored its long-term commitment to Opel with the announcement of a four billion euro ($4.95 billion) investment into the European division over the next four years. The massive financial injection forms the first ...
Tags: Auto, Transportation
THE dollar is back above $US1.04, thanks to weakness in the greenback and softer Chinese inflation figures. At 5pm AEST, the Aussie was at $US1.0424, up from $US1.0379 yesterday. Rochford Capital senior consultant Richard Breen said ...
Tags: economy
Hewlett-Packard's Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP's troubled Autonomy acquisition. Lane will remain on HP's board as a director but has given up his position as chairman, HP said ...
Tags: HP Chairman, PC business, PC
Hewlett-Packard’s Ray Lane is giving up his role as chairman amid ongoing shareholder disapproval of HP’s troubled Autonomy acquisition. Lane will remain on HP’s board as a director but has given up his position as ...
Tags: Hewlett-Packard, Ray Lane, Board Chairman
The sharemarket has closed lower for a second straight day after giving up early gains during afternoon trading. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 28 points, or 0.56 per cent, at 4987.4 points. The broader All ...
Tags: Stocks, sharemarket, benchmark
The Australian dollar is more than half a US cent higher ahead of the Reserve Bank of Australia's March interest rate decision. At 6.30am AEDT, the currency was trading at 101.81 US cents, up from 101.25 US cents on Monday afternoon. ...
Tags: Australian dollar, US cent, currency
The S&P/ASX200 is down 0.3 per cent as resources stocks including BHP Billiton, Rio Tinto, Fortescue and Oil Search are down 1.2 per cent to 2.7 per cent on commodity weakness and with ex-dividend falls today worth about 11 index points. ...