The Australian dollar has edged lower, failing to find a catalyst that would help it recover recent losses. At 12pm AEST the local unit was trading at 96.23 US cents, down from 96.39 cents at yesterday’s local close. During the ...
Tags: Australian, Dollar, Service
The Australian dollar is slugging it out with the Syrian pound for the title of world's worst-performing currency. Once the darling of foreign-exchange traders, the Aussie has been out of favour since April 12. According to National ...
Tags: Syrian pound, Service, dollar
The Board of Directors of Attock Cement Pakistan Limited (ACPL) has informed the Karachi Stock Exchange that the company intends to invest around $25 million in a new cement grinding unit in Basra, Iraq. The announcement was made through a ...
Tags: Attock Cement, Construction
The 2013 DHL Export Barometer reveals the continuing hurdles of a strong Australian dollar and a plunging business outlook from the mining sector have impacted exporters’ profitability outlook but not their confidence. Exporter ...
Tags: Australian, Dollar, Service
The Grand Re-Opening of the Crayola Experience this Memorial weekend in Easton, Penn. animates the blending of art and technology. Eager participants are introduced to a fusion of color and digital media through various attractions spread ...
Tags: Crayola, Consumer Electronics
Petroleum futures were slightly bearish Monday, with ICE July Brent settling 2 cents lower at $102.62/barrel. Volumes were low and markets rangebound for the most part because of holidays on both sides of the Atlantic. Electronic trading ...
For first-quarter 2013, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, RFIC, semiconductor and optical industries) has reported revenue of $8.3m, down 18.6% on ...
Chico's FAS, Inc. announced its fiscal 2013 first quarter financial results. For the first quarter, when excluding non-recurring acquisition and integration costs related to the Boston Proper acquisition, the Company reported net income ...
Tags: Net Sales, Gross Margin
Business cash flow has slowed this year, placing further strain on a range of industries already experiencing low confidence because of weak trading activity and high operating costs. Businesses are waiting nearly eight weeks to be paid ...
Tags: Service
Reportedly, Kardemir, the largest steel longs producer in Turkey announced to adjust its bar prices for domestic market, effective from May 22nd. After the announcement, its prices for round bars are at TRY1, 150/ton, rising by TRY9/ton. ...
Tags: Construction, Metallurgy, Mineral, Energy
Destination XL Group, Inc., the largest multi-channel specialty retailer of big & tall men's apparel and accessories, reported operating results for the first quarter of fiscal 2013. Highlights - Total first quarter sales decreased to ...
Tags: Apparel
A long-standing dispute over the problems surrounding Kenya's sole refinery in Mombasa is escalating, triggering fears the country could lose clout as an investment magnet for neighboring countries. A financial crisis at the aging plant ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Turtle Beach is working with Microsoft to develop market-leading audio solutions for Xbox One. The two companies will leverage their proprietary technology and experience in gaming to bring advanced audio solutions to consumers. Under the ...
Tags: xBox One, Turtle Beach
The sharemarket completed its biggest weekly drop in a year as a cocktail of global and domestic concerns drove the nation's benchmark index down all but once in the past five days. The S&P/ASX 200 index slumped 3.8 per cent this week as ...
Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...