The sharemarket reversed an early rise as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. High-yield and defensive sectors initially ...
The Sanremo Music Festival 2013 recently took place at the Teatro Ariston, in the picturesque Ligurian town on the Mediterranean, and was broadcast by Rai 1, Italy's national broadcaster. Presented by Fabio Fazio and Italian comedy ...
Tags: SGM, Sanremo Music Festival, 2013
US-based Calavo Growers has announced that it has created FreshRealm, a technology company which connects participants such as traditional retailers, enterprises, communities and food banks to a network of regional fresh food producers. ...
Tags: Calavo Growers, FreshRealm, fresh food
US private equity firm TPG Capital has entered into an agreement to acquire Australia's leading poultry processor Inghams Enterprises for approximately A$880m ($901m). TPG Capital overcame competition from several other bidders in the ...
Fears over the safety of personal financial information held by call centres has prompted six million people a year to move their business elsewhere. Banks, phone companies and retailers are the big losers due to customer concerns over ...
Tags: personal financial information, information safety, customer concern
The sharemarket finished more than 0.4 per cent higher following a wave of investor enthusiasm in Japan and the US. CommSec market analyst Juliette Saly said local shares finished strongly after a slow start as Japanese shares pushed ...
Tags: stocks, sharemarket, shares
ICANN’s CEO and President, Fadi Chehadé, was at the group’s Multistakeholder Internet Governance meeting in Africa this week with the message that it is a new season at ICANN and Africa has a big role to play. ICANN ...
Premier Foods faces six key challenges – including: managing consumer demand uncertainties, reducing its borrowing and grappling with its pension deficit – according to City analyst Investec. Commodity concern: Premier ...
Gov. Bobby Jindal, South Louisiana Methanol CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 billion in a new methanol production facility on the banks of the Mississippi ...
Separate final bids have been placed by the US private equity firms Blackstone and TPG Capital as well as a consortium led by Chinese agribusiness company New Hope to acquire Australia's leading poultry processor Inghams Enterprises. The ...
Tags: Blackstone, TPG Capital, consortium
The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
The stockmarket traded marginally lower as disappointing trade figures pulled shares back from a modestly positive start. IG Markets market strategist Stan Shamu said the Australian market had opened slightly higher, but had descended ...
The Australian sharemarket has finished lower, despite some resilience in the resources and materials sector. Options XPress market analyst Ben Le Brun said the local market had bounced back in afternoon trade as investors looked ahead ...
Tags: Australian sharemarket, financial space, Australian economy
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
Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
Tags: stock index, Stocks, Blue chips