High-profile stockbroker Charlie Aitken has weighed into the debate around the Australian dollar, saying that a wave of hedge funds could be set to short the currency and the biggest winners would be industrial stocks, not resources. As ...
Tags: Australian Dollar, Charlie Aitken
Optitex congratulates its nominee, Rasta Imposta Costumes, for winning the 2013 Apparel Magazine's Top 40 Innovators Award. The winners are companies that got their creative spark on by looking at their business in new ways - taking a fresh ...
Tags: Rasta Imposta, Textile
The sharemarket ended flat yesterday as companies with offshore earnings and high-yield stocks returned to favour, offsetting weak demand for resources. Investors' recent enthusiasm for resources was dampened by further declines in ...
The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...
Sulzer Pumps will supply 3 water injection pump packages and topside API 610 process pumps for installation on a new FPSO vessel that will operate in the Iracema Norte area of a pre-salt oil field off the coast of Brazil. This order ...
Tags: Sulzer Pumps, Pumps
Floating storage and regasification units serve as an entry solution to the LNG market for smaller volumes of LNG imports, John Sattar, an LNG and natural gas consultant with Poten & Partners, said in an industry event Thursday. "Given ...
Tags: FSRUs, LNG Markets
Local shares rose slightly in mixed trading yesterday as a lower Australian dollar led investors to sell banks and other high-yield plays in order to buy shares of companies that stand to benefit from a sustained fall in the exchange rate. ...
Bangladesh state-owned Petrobangla has sought permission to re-offer six shallow water oil and gas exploration blocks that attracted no bids in the county's recent bidding round, company chairman Hussain Monsur said Thursday. Monsur said ...
Urgent action is needed to reduce the U.S. military's dangerous dependence on foreign suppliers for the raw materials, parts and finished products needed to defend America, according to a new study prepared by Brigadier General John Adams ...
Tags: Packaging, Printing, Supply Chain
Within the U.S. Senate's comprehensive immigration bill is a proposal to create a database that may shed new light on H-1B hiring. The intent of the database is to help improve the odds that a U.S. worker may get hired over a foreign ...
Tags: Computer Products, software
Shell lays keel for world's first floating LNG project Thursday, May 09, 2013 In an important step, Shell has laid the keel for Prelude FLNG, the world's first floating liquefied natural gas (FLNG) project. When complete, Prelude is ...
Tags: Shell, Transportation, Service
Explosion proof lighting, it may seem like such a far off world of lighting. What is it and why would someone need a light that is strong enough to withstand an explosion? Well, explosion proof lighting aka hazardous location lighting or ...
Tags: Proof Lighting, Lighting
Companies should be using the high dollar as an opportunity to invest in businesses offshore, says Francesco de Ferrari, a senior private banker with Credit Suisse. "Big companies should go on a shopping spree. The entrepreneurs get it ...
Tags: Credit Suisse Banker, economy
Rosneft boosts environmental safety of far east terminals Wednesday, May 08, 2013 Two stand-by oil spill response vessels were launched at the Zvezda Shipyard (the city of Bolshoi Kamen) in the Primorsky Territory (Russia's Far East). The ...
Tags: Rosneft, Environmental Safety
The US Navy and 40 allies gathered in Bahrain Monday to begin two weeks of naval anti-mine exercises designed to keep the Persian Gulf open to oil shipping. Although the exercises, billed as the largest ever in the region, have been ...
Tags: US Navy, Allies, Persian Gulf