A Flare-up in Europe's debt crisis has sent the sharemarket to its second-largest sell-off in nine months as investors fret about a run on European banks. After a bull run for local stocks since June in a period of relative calm in ...
Tags: Europe's debt crisis, economy, Cyprus
At the SteelOrbis Market Talks Meeting held in the northwestern Turkish city of Bursa on March 15, Sinan Sozen, executive vice president of Borcelik, one of Turkey's leading cold rolled coil and galvanized sheet producers, said that the ...
Tags: Metallurgy, Borcelik, Mineral
The sharemarket lost 2 per cent as spooked investors sold off local stocks amid bailout plans for Cyprus. At the close today, the benchmark S&P/ASX200 index was down 104.8 points, or 2.05 per cent, at 5015.4. The broader All Ordinaries ...
Tags: Cyprus, spooked investors, stocks
IT spending remained broadly strong throughout a difficult end to 2012, as business confidence waned in the shadow of the "fiscal cliff," economic growth declined in much of Europe, and economies in Asia/Pacific struggled to cope with ...
Tags: Electrical, Electronics, IT
The Grundfos Group s annual results are showing increased net turnover, increased market share and an incredibly strong solidity. A range of new products paves the way despite unfavorable conditions in some markets. "We knew it would take ...
Tags: Grundfos Group, net turnover, market share
Westpac's plain-speaking London economist James Shugg remains as gloomy about the global economy as he was over a year ago, when he said the Australian dollar could plunge to US80c and a break up of the eurozone would prompt a "global ...
Tags: Westpac, James Shugg, global economy
Fuyao Glass, the world's second-largest auto glass maker by sales, expects to see strong overseas sales growth in the years ahead with Europe and South America leading the way, according to its corporate chairman. "The European debt ...
Tags: Fuyao Glass, Europe, South America
Dr. Esmael Adibi, economist with Chapman University, was so popular when he addressed attendees of the American Architectural Manufacturers Association (AAMA) a few years ago that he was invited back this week to the association’s ...
Tags: Dr.Esmael Adibi, Chapman University, AAMA
The German company SCHOTT has announced that it plans to rely on its strong core businesses Pharmaceutical Systems, Home Tech, Electronic Packaging and Advanced Materials to deliver growth in fiscal year 2012/2013 (October 1, 2012 – ...
Tags: SCHOTT, strong core businesses, Pharmaceutical Systems
Thelocal sharemarket fell sharply yesterday as an indecisive national election in Italy raised the prospect of another sell-off in European bond markets that could rekindle the continent's debt crisis. Italy was headed for a political ...
Tags: debt crisis, economy
The specialist for measurement and automation engineering is in fine fettle in its 60th year: the family-owned company has just welcomed its 10,000th employee. In the last year alone, over 500 jobs were created worldwide. A global ...
Tags: Endress+Hauser, 60th Anniversary, measurement, automation engineering
Switzerland is one of the smallest countries in Europe and has very high living costs compared to other nations around the world. Yet, the country is not a member of the European Union (EU). Switzerland has no direct access to the sea, and ...
Tags: Switzerland, Enigma, economy
Taiwan's solar industry needs to improve from its weakness of lacking brand recognition and control over distribution, said Ellick Liao, chairman of Taiwan Solar Energy (TSEC). Currently, the total supply of solar products is about ...
Tags: solar industry, TSEC, Ellick Liao
The downturn in the euro zone manufacturing sector eased at the start of 2013, as rates of decline in production and new orders both slowed, according to the Markit Eurozone Manufacturing PMI report. Markit's Eurozone Manufacturing ...
Austrian steelmaker voestalpine AG has announced its financial results for the third quarter and the first nine months ended December 31 of the fiscal year 2012-13. Accordingly, voestalpine's net profit in the third quarter decreased to ...
Tags: Voestalpine, steelmaker, Mineral