The Australian dollar is expected to face a"difficult year"this year,as concerns about risks to the world economic environment ease and weak domestic factors come into play,according to a new report by HSBC's currency analysts. "While the ...
Tags: Fresh Headwinds, Australian dollar, risk, resilient performance
Rackspace was one of the first players in the cloud arena. The company recognized early that enterprises wanted faster, simpler ways to spin up and spin down servers. If the bosses are going to be fickle and impulsive, there will always be ...
Tags: Rackspace, cloud arena, IT, IaaS
The outlook for the Latin American metals and mining sector in 2013 is mostly stable,although ratings agency Standard&Poor's is expecting metals prices to continue to drop. According to the agency,the prospects for slower global economic ...
Tags: Latin American, Metals and Mining Sector, Standard and Poor
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
Reuters reported that access to infrastructure will remain a significant challenge for the mining sector next year even though the government has committed resources to capital investment program aimed at the transformation of the economy. ...
Tags: Mining Jobs, Mining Companies, Coal Mining News, Mining Industry
Resource nationalism is one of the main causes of the current commodity prices instability and it is threatening global security, warns London-based Chatham House in its latest report. The think-tank highlights the effects of a recent ...
Tags: Resource, miners, resource asset, bauxite
Here's help in deciding how much rent you can afford for land. We've all heard the stories about land rents gone wild:$400/acre.$500.Even$550. Corn and soybean growers have been bidding those rents up,hoping to spread their fixed costs ...
Tags: land rents, machinery ownership, bidding war
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
Unusual weather around the world, including the drought this summer in the US, has led Fonterra CEO Theo Spierings to forecast an increase in global dairy prices in the first half of 2013. Spierings also pointed to weather events in ...
Tags: dairy price, dairy industry, food industry, Spierings
UK cake maker Finsbury Food Group has seen its annual sales propelled by new product development and contract gains in the back half of last year. The company booked a 9.4% increase in sales for the year to 30 June, which rose to GBP207m ...
Tags: Finsbury Food Group, annual sales, product development, food industry
Kosher food specialist G. Willi-Food has recorded a drop in nine-month profits as the firm experienced commodity cost increases and pressures from supermarkets to reduce prices. Net income in the nine months to the end of September ...
Tags: Net profit, Operating profit, Net sales
This week Premier Foods announced plans to axe 900 jobs and to close two bakeries, while Dutch meat group Vion revealed the sale of its UK food businesses - raising doubts about the future of 13,000 employees. Here, we capture a flavour of ...
Tags: Premier Foods, jobs, Vion
This week Premier Foods announced plans to axe 900 jobs and to close two bakeries,while Dutch meat group Vion revealed the sale of its UK food businesses?raising doubts about the future of 13,000 employees.Here,we capture a flavour of the ...
Tags: beef, lamb, BSE, food exports
Usually the articles I write feature change of some sort. Most often it’s a statistical series that has moved up or down. Sideways is the exception. A series that is well-known for its volatility is construction costs. That’s ...
Tags: market view, construction