Anglo American's thermal coal division produced 67.6 million mt in the 2013 financial year, slipping 2% on the year due to lower-than-expected production at Colombia's Cerrejon and South Africa's New Vaal mines. The miner said in its ...
Tags: Thermal Coal, Mineral
Australia's mid-market businesses are experiencing a sharp increase in confidence and renewed optimism around future performance, according to the Commonwealth Bank Future Business Index. The index reveals confidence reached the highest ...
Tags: Service
ICE Cotton gained over 4 cents for the week on the back of spec buying, improved technicals and rising open interest, and the continued rawdown of US cotton stocks through strong export sales (223k overall). Although domestic basis levels ...
Tags: Cotton Trends, Textile
Morgan Cars Australia has announced price increases of up to seven per cent across most of its range, blaming the weakening Australian dollar. In a statement, the local distributor for the high-end British marque said, “After a long ...
Tags: Morgan Cars, BMW engine
The fastest and most powerful Caterham ever offered for sale in Australia, the Caterham Seven 485, has been released. Powered by a specially developed Euro-6 compliant Ford-sourced naturally aspirated four-cylinder engine – with dry ...
Growing investor interest in the Australian processed food sector and divestments by large Australian food manufacturers are becoming more frequent. The recent drop in the Australian dollar and export market opportunities may be driving ...
Beijing - Activity in China's vast factory sector grew at a milder pace in November as new export orders shrank, a preliminary survey showed on Thursday, bolstering expectations the economy could lose some of its vigor in the fourth quarter ...
Tags: PMI, Chinese economy
Performance, Ride & Handling 4 Comfort & Interior 4 Quality & Design 4.5 Value & Features 4.5 Safety 4 Green 3 The Jeep Grand Cherokee Overland is, at least for now, the top variant of the best-selling large SUV in the country. ...
Tags: Jeep Grand, Cherokee
According to the market expectations, the FED of Australia cut benchmark interest rates to 2.5%. The fed said, the outlook for inflation may create a favorable environment for further rate cuts. Analysts said, although the Australian dollar ...
BMW Australia has questioned rival Mercedes’ pricing strategy with its A-Class hatchback, believing it has been unnecessarily aggressive. The smallest Mercedes (main image) was launched with a $35,600 starting price earlier in 2013, ...
Tags: Mercedes-Benz, BMW
THE Australian dollar is lower, driven down by strong US data, a weak local inflation measure and a bleak federal government budget forecast. At 5pm AEST the local unit was trading at 89.07 US cents, down from 89.58 cents yesterday. The ...
THE Australian dollar continued to fall after it was reported that claims for US unemployment insurance benefits last week fell to a five-year low. At 6.30am AEST the local unit was trading at 89.29 US cents, down from 89.58 cents at ...
Tags: economy
THE Australian dollar sank below US90 cents overnight for the first time since September 2010, as good US economic data and a Federal Reserve announcement provided mixed messages for currency investors. At 7am AEST on Thursday, the local ...
THE Australian dollar is lower following a dovish speech by Reserve Bank boss Glenn Stevens that hinted at another rate cut next week. At 5pm AEST the local unit was trading at 90.16 US cents, down from 90.63 cents yesterday. The ...
The Australian dollar was half a US cent lower after Wall Street stocks lost ground ahead of the US Federal Reserve meeting later in the week. At 6.30am AEST the local unit was trading at 92.00 US cents, down from 92.45 cents at ...
Tags: Australian Dollar, Service