U.S. federal prosecutors charged eight people on Wednesday in connection with a multimillion-dollar fraud that siphoned money from hacked accounts at banks and financial institutions, laundered it and sent it overseas. The cover page ...
Tags: Cybercrime, US
BrandSource buying group has launched a new consumer financing program that it said will offer its members low rates and new consumer promotions. The program offered through Citi Bank Financial, features customer incentives, including a ...
Tags: BrandSource, Furniture, Financing Program
Few advanced economies can measure up to the potential of emerging markets, which have been forecast to exhibit the fastest growth rates for food and non-alcoholic beverages over the next five years, according to a new report from global ...
Tags: Markets, Agriculture&Food, Drink
DuPont announced that it will increase prices on all of its titanium dioxide (TiO2) products sold in North America, Europe, the Middle East, Africa, Latin America and the Asia Pacific regions effective July 1, 2013, or as contracts allow as ...
Tags: Textile
THE days of the Australian dollar soaring above the 100 US cent mark are over. So whether you're despairing that you can no longer afford that holiday in New York or rejoicing that your business is now more competitive, one thing is ...
Tags: Service
THE Australian dollar was slightly higher yesterday after taking a roller-coaster ride in the previous 24 hours. On Thursday afternoon the currency dropped to an almost three-year low of US94.35c, but in offshore trade on Thursday night ...
Tags: Service
THE Australian dollar has jumped sharply higher in a morning of volatile trading. The currency hit a two-and-a-half year low of 94.35 US cents shortly after midnight AEST before staging an impressive recovery. It climbed almost ...
Tags: Service
The Australian dollar is slightly higher after it was taken on a roller coaster ride over the past 24 hours. The currency dropped yesterday afternoon to an almost three-year low of 94.35 US cents, but in offshore trade last night it ...
Tags: Dollar, US Economic Figures
Simplot’s Tasmanian factory. Simplot Australia employees at the Bathurst, NSW and Devonport, Tasmania food manufacturing plants have been told that their places of work are under threat of closure. The company is experiencing ...
Further falls have been forecast for the Australian dollar, which yesterday dived below the US95c mark to levels not seen since October 2011. Speculation that the US Federal Reserve will begin to slow its monetary stimulus sooner than ...
Tags: Aussie Dollar, US95c
Simplot Australia, a subsidiary of US based J.R. Simplot, is evaluating the closure of its vegetable processing facilities in Bathurst, New South Wales and Devonport, Tasmania, a move which will result in 325 job losses. According to the ...
Crude futures diverged late in the US trading day Wednesday, as the front-month ICE Brent contract slid from a session high of $104.07/b to a low of $102.85/b in a little over 40 minutes. ICE July Brent settled 20 cents lower at ...
Tags: Crude Markets, Chemicals, Brent
Net income declined 11% to $34,515,000 from $39,860,000 for the period ended May 4 and included a $0.25 a share impact, largely related to inventory reserve, for the retailer’s foray into luxury merchandise. Revenues rose 8% to ...
Tags: DSW, Sporting Goods
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to leave its domestic prices stainless cold rolled coils (CRC) and plates unchanged for June in order to reflect lower nickel prices and ...
Tags: NSSC, CRC Prices, Construction&De
The market for LEDs in biophotonic and medical devices will grow by more than a factor of five between 2012 and 2019 although lower component costs will hide what is an even larger increase in the number of LEDs consumed in life-science ...
Tags: LEDs, Life-Science Applications