The Australian dollar fell sharply in Asian trading yesterday on news that economic growth in China, Australia's largest trading partner, was much slower than expected in the first quarter of this year. At 5pm AEST, the dollar was buying ...
Tags: Aussie Dollar, GDP growth
Consumers cooled spending in March as the impact of colder weather across the country and harmful fiscal policy, namely the payroll tax hike, caught up to the economy and weakened retail sales. According to the National Retail Federation, ...
Tags: Economic Policy, Retail Sales
Coming off a better than expected month in February, retail sales were somewhat lackluster in March, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported ...
Tags: retail sales, retail, Manufacturing
The sharemarket has closed slightly weaker as investors sold off defensive and high-yielding financial stocks after a couple of days of gains. At the close today, the benchmark S&P/ASX200 index was down 8.8 points, or 0.18 per cent, at ...
Tags: Stocks
This Spring, Bloomingdale's extends its renowned customer service with an advanced denim shopping experience, thanks to a new partnership with Me-Ality, the digital sizing station that matches shoppers with their best fits across a range of ...
A billion Chinese each drank 1.4 liters of wine in 2011, or at least that’s how the average plays out. On the surface 1.4 liters doesn’t seem of much consequence — outpaced by America’s 11.2 liters of wine per capita ...
Tags: wine, wine market, wine exports
The Australian dollar was trading just below its two-month high late today after government data showed retail sales surged again in February. Retail sales rose a seasonally adjusted 1.3 per cent in February from January, when they rose ...
The downturn in the euro zone manufacturing sector deepened as business conditions deteriorated in all euro nations in March this year. Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) was at 46.8 points in March, down from ...
Tags: economy
While some of its key metrics saw sequential declines, manufacturing growth continues to head in the right direction, according to monthly Manufacturing Report on Business from the Institute for Supply Management (ISM). The PMI, the index ...
Furniture factories got off to a quick start this year as January orders were up 7% and shipments up 10% from the same month in 2012, Smith Leonard reported. The accounting and consulting firm said its monthly survey of residential ...
Tags: furniture factory, furniture
According to the monthly consumer tendency survey released by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 76.7 points in February, decreased by 2.3 percent month on month in March to ...
Tags: Mineral, Consumer Confidence
A beef ready meal manufacturer is fighting to preserve the 750 jobs at its Somerset site, as sales fall in the wake of the horsemeat scandal. Oscar Mayer supplies chilled ready meals to Sainsbury, which has seen reduced sales of ...
Yesterday, Chancellor George Osborne delivered his Budget statement. He pledged to scrap a 3p rise in fuel duty, cut national insurance payments and raise the personal allowance to £10,000 next April. Every business in the country ...
Tags: Industry Chiefs, Packaging, Chancellor
The dollar pushed higher but the gaze of traders remained firmly on whether lawmakers in Cyprus can reach a deal on the proposed terms of an international bailout package. As part of a rescue package for Cyprus, European policymakers have ...
Tags: dollar, Aussie dollar, euros
February retail sales exceeded expectations, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that February retail sales at $421.4 billion were up 1.1 ...
Tags: retail sales, sales, promising signs