- Algae.Tec to list in Frankfurt, giving it access to the NYSE- Demonstration plant now under construction By Greg PeelAlgae.Tec ((AEB)) is the first company in the world to move towards commercialisation of algae-driven carbon capture and alternative energy production and is also first to market in employing patented technology in a modular system. Shares in Algae.Tec listed on the ASX on January...
By Greg PeelThere is a rumour that Libya president Muammar Gaddafi has fled to Venezuela but this has been denied by the Venezuelans. We do know that Gaddafi has been abandoned by his UN representatives and that there have been other defections from within the regime. It seems likely now that after 42 years, Gaddafi will go the same way as Mubarak.The people power movement has moved west again to ...
By Greg PeelThere is a rumour that Libya president Muammar Gaddafi has fled to Venezuela but this has been denied by the Venezuelans. We do know that Gaddafi has been abandoned by his UN representatives and that there have been other defections from within the regime. It seems likely now that after 42 years, Gaddafi will go the same way as Mubarak.The people power movement has moved west again to ...
Increasing energy prices are impacting on businesses and the community, according to an Australian Industry Group report released today.
Recovering Japanese visitor numbers are prompting Air New Zealand (NZE: AIR) to operate Boeing 747-400 aircraft on the Tokyo route following five years of absence.
The Australian sharemarket is pulling back for the first time in three sessions with the All Ordinaries index (XAO) almost wiping out all of last week's gains.
Fortescue Metals Group Ltd (ASX: FMG) boss Andrew Forrest will appeal the shock ruling on Friday by the Federal Court that could lead to him being banned as a company director for breaching the Corporations Act.
A 43-year-old Burleigh Waters man has been charged by the Australian Federal Police (AFP) for importing 1.3 kilograms of gamma butyrolactone (GBL).
Caltex Australia Ltd (ASX:CTX), Australia’s only listed oil refiner, today announced an after tax profit of $318 million on a replacement cost of sales operating profit (RCOP) basis for the 2010 full year, excluding the impact of significant items of approximately $16 million after tax.
Australia's second biggest oil and gas producer Woodside Petroleum Ltd, has reported a 7 percent increase in profits to $1.58 billion in 2010 attributing it to high prices and record output at its North West Shelf natural gas project.
Australian businesses and households are urged to prepare for escalating electricity and gas prices beginning next year as the country struggles for environmental concerns.
The Australian Dollar has opened firmer this morning trading at 1.0130 following a positive Friday night in equity markets.
- Consumer Metrics' Rick Davies suspects high income earners in the US are distorting consumer survey data- Consumer Metrics own surveys are showing continued weakness in overall spending- Plus some additional discussion material on Bastiat's famous Broken Window concept Consumer Metrics Institute News: February 16, 2011 - Our Current Outlook and Bastiat's Broken WindowLakewood, ColoradoOur measur...
- Consumer Metrics' Rick Davies suspects high income earners in the US are distorting consumer survey data- Consumer Metrics own surveys are showing continued weakness in overall spending- Plus some additional discussion material on Bastiat's famous Broken Window concept Consumer Metrics Institute News: February 16, 2011 - Our Current Outlook and Bastiat's Broken WindowLakewood, ColoradoOur measur...
- Sumatra Copper and Gold exploring for gold and silver in Indonesia - Tembang project more advanced than previously thought - Share price implies significant upside to valuation, says DJ CarmichaelBy Chris ShawWhen a conservative valuation for a company is about four times above the current share price the stock appears worthy of greater attention, which is what DJ Carmichael has done in initiati...
- Sumatra Copper and Gold exploring for gold and silver in Indonesia - Tembang project more advanced than previously thought - Share price implies significant upside to valuation, says DJ CarmichaelBy Chris ShawWhen a conservative valuation for a company is about four times above the current share price the stock appears worthy of greater attention, which is what DJ Carmichael has done in initiati...
Another US- based market operator BATS Global Markets has entered a definitive agreement to acquire another market trader Chi-X Europe to create the largest pan-European trading centre in terms of market share and notional value traded.
Passengers of Virgin Blue Airlines were distraught yesterday as about 150 flights were significantly delayed in key cities of Sydney, Melbourne, and Brisbane, as a power outage caused its data centre to breakdown.
TELSTRA has announced it will shift its focus on online marketing and plans to open a new bath of 100 retail stores adding to the existing 300 allover the country.
Top global miner BHP Billiton is still keen on new mergers and acquisitions in the near term as changes tend to unwind in the world mining industry.
The Aussie opens higher today at 1.0120 on the back of strong commodities and its yield advantage over the greenback.
U.S. stocks climbed to fresh multiyear highs Friday, extending their winning streak to a third straight week, as the market's upward momentum helped outweigh another round of tightening in China and continued unrest in the Middle East.
The People´s Bank of China has tightened monetary policy again, lifting bank reserve requirements by 50 basis points to a record 19.5 per cent.
U.S. stocks climbed to fresh multiyear highs Friday, extending their winning streak to a third straight week, as the market's upward momentum helped outweigh another round of tightening in China and continued unrest in the Middle East.
- Automotive Holdings posted solid interim result - Forecasts and price targets lifted - Acquisitions and expansions offer further upside potentialBy Chris ShawFor motor vehicle dealer Automotive Holdings Group ((AHE)), a 3% increase in interim profit to $29.6 million proved enough to beat market expectations. As UBS notes, it came in the face of weak consumer markets, while RBS Australia points o...
Businesses have continued to reap the benefits of an improvement in consumer spending, according to the latest Commonwealth Bank Business Sales Indicator (BSI) released today.
Milk price facts are not in line with claims of Wesfarmers-owned (ASX: WES) Coles, according to dairy farmers in Australia.
The Commonwealth Bank of Australia (CBA) has joined in the fray of the escalating bank war in the country as it announced on Friday that customers switching from the National Bank of Australia (NAB) to them are poised to benefit from cash incentives and discounts.
Fortescue Metals Group Ltd (ASX: FMG) has been cleared on 18 charges brought against the company and its subsidiary company, The Pilbara Infrastructure (TPI) by the WorkSafe WA.
Popular internet auction site eBay said on Friday that as more Australians turn on online shopping, the country’s web-based retailers are experiencing growth while delivering services required by consumers who have little time for traditional purchases.
