A biiger-than-expected trade deficit for January hurt the Australian dollar in the Asia session but overall trading was subdued. Australia posted a seasonally adjusted trade gap of $1.06 billion in January, compared with $688 million in ...
John Lewis Partnership plc results for the year ended 26 January, 2013. Financial Highlights The John Lewis Partnership -Gross sales of £9.54bn, up £811.8m, 9.3% -Revenue of £8.47bn, up £706.9m, 9.1% ...
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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 ...
Venezuelan President Hugo Chavez died Tuesday in Caracas after an almost two-year battle with cancer and 14 years of a dominating socialist presidency that leaves the country with the world's largest oil reserves mired in uncertainty. The ...
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
Recovery from the recession has been something of a rollercoaster ride and with talk of a possible triple dip recession we are not out of the woods yet. We should be careful about the media reports however; as by the time figures are ...
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, ...
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Oerlikon Group reports full year and fourth quarter 2012 results. -Oerlikon increased profitability to EBIT margin of 14.5 % -EBIT up by 32.4 % to CHF 421 million; EBIT margin at 14.5 % -Strong margin improvement in Textile, Drive ...
Tags: Oerlikon Group, Textile, Sales, 2012
Checkpoint Systems, Inc. announced the appointment of Marc T. Giles to its board of directors, effective immediately. Mr. Giles spent most of his career with industrial technology companies beginning in sales and marketing before ...
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Sony has sold the main office "Sony CityOsaki" in Tokyo by the 111.1 billion yen (about 1.2 billion dollars). The office building is 25 stories high, was completed in 2011 in March, covering an area of 124,000 square meters, containing ...
Tags: Sony, TV equipment, audio equipment
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 ...
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Body Central Corp. announced financial results for the fourth quarter and fiscal year 2012. Highlights for the fourth quarter ended December 29, 2012: -Net revenues for the quarter increased 0.3% to $81.0 million, compared to $80.7 ...
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One of the best Old West steakhouses in the greater Phoenix, Ariz., area is Bill Johnson’s Big Apple, famous for its scrumptious steaks and barbeque. The restaurant is also known for its founder – cowboy Bill Johnson himself. ...
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More shoppers are reaching for the credit cards--total consumer debt ticked up 0.3 percent in the final months of 2012, the first increase in four years, according to the New York Federal Reserve. That may be good news for the economy, but ...
UK-based bakery products manufacturer Finsbury Food has sold its free-from bakery business to Scottish firm Genius Foods for pound 21m, as part of its efforts to focus on core cake and bread businesses. The sale includes two subsidiaries ...
Tags: bakery products manufacturer, Finsbury Food, free-from bakery business