Global mergers and acquisitions took a hit last year as the value of deals fell by 2.7 per cent to its lowest point in two years while Australia's activity was curtailed by a slowdown in energy and mining transactions. In its round-up ...
Tags: Australia, energy, mining transactions, value of deals
The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...
Tags: sharemarket, bang, US, fiscal cliff
Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
The sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at ...
Tags: sharemarket, 2013, US, fiscal cliff
The sharemarket ended the year on a sour note, falling for the first time in four days as the continuing US fiscal policy impasse weighed on market sentiment. However, the sell-off was limited by improved manufacturing data from China and ...
Tags: Local Stocks, Fears, US, Fiscal Impasse
While stock and bond traders fretted over the US fiscal cliff and its potential impact on broader markets earlier this week, Chinese iron ore buyers were unconcerned, continuing to push the price of Australia's biggest export higher on the ...
In the power starved state of Tamil Nadu any addition to electricity generation capacity, howsoever small, helps. In a few months, the State is likely to get 100 MW of capacity from Sterlite Industries. The company part of the Vedanta ...
Tags: Tamil Nadu, electricity generation capacity, Sterlite Industries, India
China's sudden cuts to rare earth export quotas and domestic production marked the beginning of a Rare Earth Economic War, proposes Jacob Securities' Senior Mining and Metals Analyst Luisa Moreno. The good news is that partnerships between ...
Tags: Rare Earth, interview
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
The facelifted BMW 7 Series is the latest shot in the relentless game of luxury-limousine one-upmanship. Four years after the launch of Munich’s fifth-generation flagship, the ‘Life-Cycle Impulse’ (BMW-speak for a ...
Tags: BMW 7 Series, car review, new car, car price
Bloomberg reported that copper fell by the most in two weeks,paring a weekly gain,as industrial metals dropped after US Federal Reserve policy makers said they will probably end their USD 85 billion monthly bond purchase program sometime ...
Tags: Bloomberg, copper, US Federal Reserve
AAP reported that Fortescue Metals Group says it has loaded 8.5 million tonnes of iron ore and achieved an annualized 100 million tonne production run rate in the last month of 2012. The iron ore focused company said the December run rate ...
Tags: iron ore, FMG, Fortescuem, AAP
Mr.Dmitry Nikolaenko,sales director and member of the executive committee of Metinvest,shared his thoughts with SteelOrbis about Metinvest's acquisition of Zaporizhstal,about Metinvest's services and on the Turkish flat steel market in ...
Tags: Metinvest, Zaporizhstal, flat steel
There is no single rare earth element market. Instead, the rare earth universe is made up of four or five distinct "critical rare earth" markets that should be the focus for investors today. Even with new mine supply and refining capacity ...
Tags: Jack Lifton, rare earth element market, Metallurgy, Mineral
US railroads in 2012 hauled less coal, by far the largest commodity to travel by rail, but made gains in other commodity groups, such as petroleum products, which saw growth of more than 46%, according to annual traffic data released ...
Tags: US Rail Traffic, Coal Woes, Oil Loads Climb, Chemicals