South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...
Dun & Bradstreet’s latest Business Expectations Survey indicates a fairly subdued outlook for the first quarter of 2016, as results continue to fall short of expectations. As the new year approaches, businesses are reporting lowered ...
Despite the recent stock market crashes around the world on the heels of China devaluing the yuan, Reserve Bank of India Governor Raghuram Rajan has said he doesn't believe that there's a financial crisis looming. "Based on what I've seen ...
A profitable high-speed rail (HSR) service between Melbourne, Sydney and Brisbane could be built for $30 billion – less than third of previous cost estimates – according to a new book. The rail would need little or no direct ...
Tags: high-speed rail, rail
The Australian retail sector is expected to see a further slowing in growth nationally, with the AFGC CHEP Retail Index showing growth of 4 per cent year-on-year in the March quarter, slowing to 3 per cent by the June quarter. Within this ...
Tags: Retail Sales, retail sector
Tirupur Exporters’ Association has welcomed today’s decision of the Reserve Bank of India (RBI) to reduce the Policy Repo Rate by 25 basis points (bps) from 7.75 per cent to 7.50 per cent, and urged banks to pass on the benefit ...
Tags: Repo Rate
The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
The World Steel Association (worldsteel) expects apparent steel consumption in the US to deliver a return to growth and recovery in 2014-2015, after a decrease of 0.6 percent in 2013, according to its short range outlook. Worldsteel ...
ICE Cotton stayed in an uptrend this week with K4 holding ground and settling at 92.19, up over 100 pts. Futures, with the help of a friendly spec contingent that had anticipated the USDA’s lowering of 13/14 carry-out estimate (and ...
Retailers have warmly welcomed today's Australian Bureau of Statistics trade figures for January, which showed the sector made a solid start to 2014, writes Trevor Evans from the National Retail Association. The 1.2 per cent increase ...
Tags: Consumer Electronics, Electronics
The unrelenting winter of 2014 delivered another massive storm last week, bringing with it more economic uncertainty and higher fuel prices. For the second time in less than a month, much of the southeastern United States battled a major ...
Tags: Transportation, Logistics
Despite tough economic environment and rising input costs, the Rajasthan-based Banswara Syntex saw its bottom-line growing over two-fold in the quarter ended September 2013, helped by turnaround in exports in line with the rupee ...
Tags: Banswara, Lycra, RBI, readymade garments
Manufacturing activity in the New York region expanded in January to the highest level in more than a year, the Federal Reserve Bank of New York said Jan. 15. The "Empire State Index," generally the first economic indicator in a given ...
Tags: Transportation
India earned nearly US$ 15 billion through exports of textiles and apparel in the first six months of the current financial year 2013-14, according to the latest data released by the Reserve Bank of India (RBI). According to the ...
Company profit expectations have reached their highest level since 2003, with Australian businesses anticipating a jump in takings in the New Year on the back of stronger sales and firming selling prices. Continuing initial positive ...
Tags: Business Earnings, economy