The Australian dollar softened yesterday after weaker-than-expected Chinese manufacturing data raised concerns over the momentum of recovery in the world's second-largest economy and Australia's biggest trading partner. The preliminary ...
Tags: PMI, Australian dollar, dollar
Thorntons has booked higher first-half earnings, which were boosted by lower costs and a rise in sales. The UK chocolate maker said profit before tax and exceptional items rose to GBP5.3m (US$8m), up from GBP3.1m in the comparable period ...
The continuing horsemeat scandal could benefit premium food retailers at the expense of value outlets, according to city analyst Shore Captial. Value brands could prove a casualty of the horsemeat scandal Analysts Clive Black and ...
Tags: horsemeat scandal, premium food retailers, Shore Captial
Confectionery manufacturer Thorntons plans to close a further 40 stores in this financial year, as it continues to focus on “significant growth” in multiple-channel sales via supermarkets and Thorntons Direct online. ...
Tags: Thorntons, stores, financial year
The law change, which will be introduced later this year, will require all cigarette packs and tobacco pouches to carry graphic warnings and be stripped of branding, while tobacco brand names will have to be printed in standard font type ...
Genesis Genetics Asia (GGA) has entered into an agreement to distribute GVK Biosciences' informatics database products and services in Taiwan. Under the agreement, GGA will distribute SAR, Biomarker and Clinical Outcomes databases as well ...
Tags: Biosciences, Clinical Outcomes databases, clinical trials
Emcore Corp of Albuquerque, NM, USA, which manufacturers compound semiconductor-based systems for fiber-optic and solar power applications, has reported generally improved financial results for fiscal first-quarter 2013 (to end-December ...
The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...
Tags: Australian dollar, US dollar, currency
Qantas CEO Alan Joyce. Photo courtesy of the ABC. The Qantas Group has announced statutory profit after tax of $111 million and underlying profit before tax of $223 million for the six months ended 31 December 2012. This includes $125 ...
Tags: Qantas, statutory profit, underlying profit, company news
Communications regulator Ofcom has raised 2.34bn Euro in the much delayed 4G spectrum auction, more than £1bn less than the Office for Budget for Responsibility (OBR) had forecast. EE already holds 4G spectrum and is currently the ...
Imprimis Pharmaceuticals has announced the completion of clinical trials of Impracor, a topical analgesic cream, which delivers a therapeutic dose of the pain-relieving, anti-inflammatory drug ketoprofen. The study, which was conducted by ...
The US Food and Drug Administration (FDA) has accepted to review Sanofi's new drug application (NDA) of lixisenatide, a once-daily a glucagon-like peptide-1 receptor agonist (GLP-1 RA), for the treatment of adults with type 2 diabetes ...
2,341,113,000 Euro was raised although the auction was expected to generate at least 3.5bn Euro. After more than 50 rounds of bidding Vodafone, Telefónica UK, EE, Hutchison 3G UK and Niche Spectrum Venutres have won spectrum. ...
Tags: Ofcom, mobile spectrum auction, broadband
EE, the UK's first mobile network to launch 4G, has revealed that it has made a loss before tax of £249m in 2012. The loss is more than double the £113m it lost in 2011, while its annual revenue also reduced by 1.9 per cent ...
Tags: mobile network, Telecom, EE 4G
Prime Minister Gillard … ‘tough but responsible’ Business and industry groups have expressed concern at the federal government proposal to strip $1 billion in tax concessions from Australia’s biggest companies as ...