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Rapidly Falling Australian Dollar Has Negative Impact on Business Confidence, Fuel Prices

Jul 5, 2013

OPPOSITION treasury spokesman Joe Hockey says the rapidly falling Australian dollar is having an "immediate negative impact" on business confidence and fuel prices, despite being good for exporters. Mr Hockey said falling interest rates ...

Tags: Treasury, cash, stock

Bearish Bets for Dollar Turni Savage with Credit Suisse Slashing Its Forecast to US75c

Jul 5, 2013

BEARISH bets for the dollar are turning savage, with Credit Suisse slashing its forecast to US75c after conceding the currency is "normalising" quicker than it expected. In one of the biggest dollar calls in the market by a major bank, ...

Tags: Credit Suisse, dollar, bank

Bearish Bets for Australian Dollar Turn Savage with Credit Suisse Forecast to US75c

Jul 5, 2013

BEARISH bets for the Australian dollar are turning savage, with Credit Suisse slashing its 12-month forecast to US75 cents after conceding the currency is "normalising" quicker than it expected. In what may be the biggest dollar call by a ...

Tags: Australian dollar, economy, bank

Australian Dollar Is Higher After a Comment From Reserve Bank Governor Glenn Stevens

Jul 5, 2013

THE Australian dollar is higher after a comment from Reserve Bank governor Glenn Stevens that caused the local currency to fall to a three-year low was dismissed as a lighthearted remark. At 5pm today, the local unit was trading at 91.06 ...

Tags: dollar, bank, economy

Turkey's Economic Growth Remains Below Trend at an Estimated 3.6 Percent

Jul 5, 2013

According to the World Bank's latest Turkey Regular Economic Brief issued on July 3 in Ankara, Turkey's economic growth in 2013 is forecast to remain below trend at an estimated 3.6 percent. The brief links moderate growth prospects to ...

Tags: Economic Growth, World Bank, economy

Global Growth in IT Spending Is Slowing, According to Analyst Group Gartner

Jul 3, 2013

Global growth in IT spending is slowing, according to analyst group Gartner, which forecasts that total spending in 2013 will amount to $3.7 trillion, an increase of just two per cent on the $3.6 trillion that it believes was spent ...

Tags: IT, Computer Products, software

The Architecture Billings Index Has Bounced Back in May

Jul 3, 2013

Following the first reversal into negative territory in ten months in April, the Architecture Billings Index has bounced back in May. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve ...

Tags: Lights, Lighting

Turkey's Steel Export Values in June Decreases by 10.45% From May

Jul 3, 2013

Turkey’s steel export values totaled US$1.14 billion in June, falling by 22.9% year on year, decreasing by 10.45% from May, according to data released by the Turkish Exporters' Association (TIM). In June, the country’s ...

Tags: Steel Export, Mineral

Pending Home Sales Rose in May to The Highest Level Since Late 2006

Jul 1, 2013

Pending home sales rose in May to the highest level since late 2006, implying a possible spark as mortgage interest rates began to rise, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking ...

Tags: Construction, Decoration

Beck's Beer Has Unveiled The Six Original Pieces of Artwork

Jul 1, 2013

Beck's Beer, the most popular German beer brand in the world and longtime friend of the arts, has unveiled the six original pieces of artwork that will comprise the 2013 Beck's Art Labels project. Each year, Beck's selects six artists, ...

Tags: Packaging, Printing, Beer Labels, Label

Anthem Has Introduced The Five Transactions

Jul 1, 2013

Anthem, a global creative agency that actively connects brands with consumers by amplifying desirability from package design to brand campaign to drive brand performance, has introduced The Five Transactions that rule brands today in their ...

Tags: Packaging, Printing

Scotland Follows Wales,Who Introduced a Bag Charge in 2011

Jul 1, 2013

Environment Secretary Richard Lochhead announced the move today (28 June) which follows a consultation that was held last year to gauge public opinion. He said shoppers would be encouraged to reuse carrier bags to cut down on the 750 ...

Tags: Packaging, Printing

Israel Corp Is Considering Splitting Into Two Companies

Jun 28, 2013

Israel Corp is considering splitting into two companies, the holding company which holds a majority stake in Bazan Group and Israel Chemicals, said on Wednesday. The statement to the Tel Aviv Stock exchange said that its board of ...

Tags: Chemicals

African Cotton Producers Delegates Described as Unique

Jun 26, 2013

The comments were made in a meeting that several delegates described as unique because it deals with a single commodity, and does so by looking at trade, development and other aspects. Although the official focus is primarily on ...

Tags: Cotton Producers, Textile

Supermarkets Start Using a New Machine That Marks Fruit with Laser Tattoos

Jun 25, 2013

Supermarkets in the UK could start using a new machine that marks fruit with laser “tattoos”, meaning sticky labels may soon become a thing of the past, according laser labelling technology specialist Laser Food The Spanish ...

Tags: Tattooing, Fruit, Packaging