Europe has set itself ambitious climate and energy targets: A third of the continent's electricity needs are to be met from renewable energy sources by 2020. Offshore wind power places a pivotal role in the mix. In their new study entitled ...
Tags: wind power, Global Investment
The sharemarket closed lower but recovered some ground after the Reserve Bank cut the cash rate to a record low. At the close today, the benchmark S&P/ASX200 index was down 12.5 points, or 0.24 per cent, at 5143.7 points. The broader ...
Tags: Banks, Record Rate Cut
The Dutch government today presented a draft bill that aims to give law enforcement the power to hack into computer systems -- including those located in foreign countires -- to do research, gather and copy evidence or block access to ...
Tags: Dutch Bill, Computer Products
Ivo Opstelten, Dutch minister of Safety and Justice The Dutch government on Thursday presented a draft bill that aims to give law enforcement the power to hack into computer systems — including those located in foreign countries ...
Tags: Dutch Bill, Computer Products
Global property and casualty insurer ACE has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial for nearly $690m in cash, after offering a $175m pre-closing dividend to the seller. The definitive ...
Tags: casualty insurer, ABA Seguros
The sharemarket has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. The benchmark S&P/ASX200 index was down 36.2 points, or 0.7 per cent, at 5130.0 points. The broader All Ordinaries ...
Tags: Resources Stocks, economy
Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
ANZ Bank's better than expected half-year result yesterday was the trigger for a buying scramble in the big four banks that single-handedly pushed Australia's major sharemarket index up 65 points, or 1.2 per cent, to a five-year high of ...
Local stocks rose 0.6 per cent today as investors piled into banks to take advantage of their dividend yields, and amid optimism that the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: Local stocks, Stockmarket
Local shares finished the month with strong gains as ANZ led a rise in banks after its dividend and earnings exceeded expectations. Stronger offshore markets helped although analysts and fund managers were wary of overseas events that ...
Tags: Bouyant ANZ, Bank Shares Higher
BUOYANT global equities boosted the Australian dollar today, with traders betting that European and US central banks will this week reaffirm commitment to easy money policies designed to boost asset prices and stoke growth. Australia's ...
Tags: Australian Dollar, economy
The Australian Securities Exchange has stepped up pressure on would-be competitor LCH Clearnet in the emerging market for interest-rate derivatives clearing, signing up investment groups and state treasuries to help develop a service for ...
The Australian market opened higher, led by gains for the four major banks ahead of their first-half numbers. At 10.20am AEST the benchmark S&P/ASX200 index was up 23.2 points, or 0.46 per cent, at 5120.7 points. The broader All ...
Tags: Australian market, earnings
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
NASA has launched three smartphones into space in what scientists hope will be the lowest-cost satellites ever tested. The smartphones, Google-HTC Nexus Ones running the Android operating system, launched aboard the maiden flight of ...
Tags: NASA, Nanosatellites, Android Smartphones