The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
Kloeckner & Co. (KCO), the German-based steel trader reported a loss last year due to the shrinking demand for metals. The net loss sum up to €198 million and the earnings before interest, taxes, depreciation and amortization ...
Tags: steel trader, steel, steel industry
SunOpta, a Canada-based organic, specialty and natural health products manufacturer, has reported a 357.4% increase in net earnings to $24.2m for the year ended 29 December 2012, compared to $5.29m in 2011. The company posted 7% increase ...
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 ...
Microsoft's Surface Pro tablet will go on sale in Europe in the second quarter priced somewhere around $1,170, while a local telco is now reselling the latest editions of its Office 365 hosted productivity suite, the company announced ahead ...
Advanced Photonix Inc of Ann Arbor, MI, USA (which designs and makes APD, PIN, and FILTRODE photodetectors, HSOR high-speed optical receivers, and T-Ray terahertz instrumentation) has acquired certain assets of Silonex Inc of Montreal, ...
Tags: Photonix, FILTRODE photodetectors, optoelectronic devices
Microsoft’s Surface Pro tablet will go on sale in Europe in the second quarter, and it will be priced somewhere around €899, the firm announced ahead of the CeBit trade show on Monday. Microsoft Germany’s CEO, Christian ...
Tags: Microsoft, Surface Pro, Q4
The value-added textile industry of Pakistan has opposed the imposition of two percent sales tax at each stage of the textile sector and five percent withholding tax. Last month, Pakistan’s Federal Board of Revenue (FBR) announced ...
Tags: textile industry, Pakistan, sales tax
Official pictures and details have been released of the Lamborghini Veneno – the company’s fastest supercar and its most exclusive with just three to built. Lamborghini says three customers have already agreed to pay the three ...
Tags: Lamborghini, Veneno, supercar, car
For 2012, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical components enabling high-speed end-to-end information streaming over optical fiber and wireless networks) has reported total revenue of ...
Tags: GigOptix, semiconductor, optical components
“The Extraordinary Science of Addictive Junk Food,” an article by Michael Moss in the New York Times, lights up a lot of dark corners of the junk food industry and offers some genuinely fascinating angles on how Dr. Pepper, ...
Tags: Junk Food, food industry, US
Apprehending that the withholding tax levy would have detrimental effects on their exports, the textile exporters of Pakistan have refuted the Federal Board of Revenue’s (FBR) decision to impose the same. Since February 14, 2013, ...
Tags: textile exporters, FBR, withholding tax
The Union Budget 2013-14 presented by the India’s Finance Minister P Chidambaram has brought cheer for the textile and garment industry as the Central Government has accepted their long standing demand for removal of excise duty on ...
Tags: India, Textile Sector, Garments
The McLaren P1 will cost Australians close to $2 million but will be confined to racetracks, with confirmation it will be produced exclusively in left-hand drive. Following yesterday’s gallery of leaked official images, McLaren has ...
Tags: McLaren P1, Hypercar, racetracks
Brazil's welded tube makers reportedly announced that they have a difficult time to persuade customers to hike domestic welded tubes prices at this moment. However, Brazilian tube makers plan to try again in near future. Currently, HRC is ...
Tags: welded tube price, welded tube, HRC