As previously communicated, in the face of increasingly difficult domestic trading conditions for its soda ash business and increasing costs, Penrice Soda Holdings Limited has decided to close soda ash production at its Osborne, Adelaide ...
Tags: Penrice, Soda Ash, SASS Victoria
Russia's gas giant Gazprom expects to reach an agreement on the price of gas to be supplied to China via the eastern route in June, and sign a deal by the end of this year, Gazprom chairman Viktor Zubkov said in the full version of a TV ...
Tags: Gas Price, Eastern Route, Chemicals
Moss Bros Group PLC, the ‘UK’s No 1 Men’s Formalwear Specialist’, announces its Preliminary Results, covering the period from 29 January 2012 to 26 January 2013. The Group’s performance continues in line ...
Tags: Formalwear, Apparel, Apparel Industry
The sharemarket is trading lower, led down by the big miners on concerns over iron ore prices. At 12.07pm AEDT, the benchmark S&P/ASX200 index was down 38.1 points, or 0.76 per cent, at 4949.3 points. The broader All Ordinaries index ...
Tags: sharemarket, benchmark, Ordinaries index
Australian stocks have tumbled for a third straight day, led by hefty falls from the major miners in response to a bleak outlook for iron ore prices. At 4.15pm AEDT, the benchmark S&P/ASX200 index was down 20.1 points, or 0.4 per cent, at ...
Tags: Australian stocks, benchmark, Stock
The 2 Sisters Food Group expects the horsemeat scandal to cause "considerable volume reduction" to its ready meals business, according to its latest financial results for the 13 weeks to January 26. 2 Sisters said the horsemeat crisis ...
Tags: Horsemeat, Food Group, Food
Spain / Greece - Genelec has appointed new distributors in Spain and Greece - two key Southern European territories for the company's range of professional monitoring and AV trade products. Growing business in Spain has seen the appointment ...
Tags: audio distributor, Genelec, audio
Australian businesses don’t plan to hire new staff in the coming months, and are putting off investments, as the cost of doing business takes its toll. On the back of recent high-profile job cuts and off-shoring announcements by a ...
The Vion red meat and poultry businesses acquired by 2 Sisters Food Group (2SFG) can expect some “major cost savings” by their new owner Ranjit Boparan, according to a leading City analyst. 2 Sisters has acquired 11 of ...
Tags: Vion, red meat and poultry businesses, 2 Sisters Food Group
Small and medium-sized companies around the country are being invited to a series of one-day workshops on Government support for business, research and development (R&D) and innovation. One such event takes place at the ATRiuM, Cardiff on 6 ...
Wolverine Worldwide reported financial results for both the fourth quarter and full year ended December 29, 2012.During the fourth quarter, the Company completed the $1.25 billion acquisition of the Performance+Lifestyle Group ("PLG") from ...
Tags: Wolverine Worldwide, Revenue, 2012
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
An unhealthy cash flow cycle exists among Australian businesses, with 62 per cent of accounts settled late and firms taking on average, 52 days to pay their bills, according to the latest Trade Payments Analysis by Dun & Bradstreet. The ...
Weaker investor sentiment sent the Australian dollar to its lowest levels since October in thin trading conditions because of the Lunar New Year celebrations in Asia. The sharemarket was flat, also in thin trading, as investors remained ...
Tags: Australian dollar, October, lowest levels
Australian businesses have pulled back their profit expectations for the coming months as they anticipate modest sales activity, difficult trading conditions and subdued consumer activity. After showing signs of optimism leading into the ...