Australian mining company BHP Billiton has announced its financial results for the year ended June 30 this year. According to the company's financial statement, BHP Billiton posted a net profit of US$10.9 billion for the financial year ...
Tags: BHP Billiton, mining company
Apple’s innovation problems were highlighted today when Forbes published its 2013 list of the world’s most innovative companies and ranked Apple at No. 79. Apple’s plummet has been dramatic. In 2011, the first year ...
Tags: Apple, Innovative Companies
The nova-Institute has recently published a paper on agricultural feedstock use in industrial applications shedding light on the controversial public debate surrounding the industrial use of food crops or so-called first generation ...
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
The Australian financial services sector could be a major beneficiary if the Labor government is able to finalise the long-awaited free trade agreement with China. Analysts in Beijing believe China would be willing to allow Australian ...
A COMMENT by the Reserve Bank of Australia that Australia's tumbling currency would push up inflation over time fuelled a sharp rise by the Aussie in Asia today. In minutes of its July 2 policy meeting, the Reserve Bank of Australia said ...
In the Eurozone, activity contracted by 0.3% in Q1 2013, falling for the sixth consecutive quarter. However, GDP growth is expected to turn slightly positive in Q2 2013 (+0.1%), with a mild acceleration over the following quarters (+0.2% in ...
Tags: economy, Labor market
According to the statistics provided by the Turkish Steel Pipe Manufacturers Association (CEBID), in the first half of this year Turkey's steel pipe exports maintained its uptrend on a limited scale against the backdrop of the sluggish ...
Tags: Steel Pipe, Mineral
According to the Turkey's Steel Exporters' Association (CIB), the slowdown in the global economy, the falling demand from export markets and the general falling prices of commodities in international trade had a negative effect on ...
Tags: Steel Export, Mineral
World GDP growth stabilized during the first quarter of 2013 at a moderate rate. In particular, in the advanced economies the situation improved with financial stress being further reduced and stock prices rising. The acceleration of ...
Tags: GDP growth, financial stress, Euro Area, emerging economies
The Australian dollar continued to fall today, sparking the biggest one-day sell-off in government bonds since the turmoil in global markets that followed the collapse of US investment bank Lehman Brothers in late 2008. Bond traders said ...
Retailers and consumer packaged goods (CPG) companies today are dealing with new rules of consumer engagement as they seize opportunities from advanced technology and the digitally connected consumer, according to the 2013 Financial ...
Tags: CPG, Packaging&Printing, Digital
The Aussie fell after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide. The minutes of the Reserve Bank of Australia's policy meeting on June 4 showed ...
Global thermal coal prices are unlikely to recover this year unless Australian coal producers lower production or an unexpected event rattles the seaborne market and sends prices north, industry experts attending the Coaltrans Asia ...
Tags: Coal, Metallurgy, Mineral, Energy
Turkey processor Bernard Matthews has blamed the pressure of rising commodity prices for putting 55 jobs under threat at its cooked meats site in Great Witchingham, Norfolk. Rising input prices have put 55 jobs under threat at Bernard ...
Tags: Turkey processor, Bernard Matthews, Job cuts