News archive from 13 August 2013

Dollar low on strong greenback

Dollar low on strong greenback

THE Australian dollar is being weighed down by strength in the greenback amid renewed expectations that the US Federal Reserve will begin tapering its economic stimulus program soon. At 7am AEST today, the local unit was trading at 91.49 US cents,...

 
Pre-Election Fiscal and Economic Outlook due to be released today

Pre-Election Fiscal and Economic Outlook due to be released today

The Federal Government's finances will be laid bare later today with the release of the Pre-election Economic and Fiscal Outlook (PEFO).The release of PEFO, commonly known as the "state of the books", will be the final budget update before...

ABC News, 09:12 in Business
 

US stocks fall amid Japan GDP as investors await retail sales

Tesla Motors declined 3.7 per cent as Lazard Capital Markets LLC downgraded the carmaker's shares. Sysco Corp fell 5.8 per cent after results missed analysts' estimates. Apple advanced 2.8 per cent after winning a patent-infringement battle against...

 

Ikea assembles renewable energy portfolio

Mainstream is building the 7.65-megawatt project in Leitrim in northwest Ireland, Dublin-based Mainstream said today in an e-mailed statement. It's expected to start operating early next year, at which point Ikea will buy the plant, Mainstream said....

 

US utilities should prepare for mounting wild weather costs

Severe weather, the primary cause of power failures in the US, cost the economy on average $US18 billion ($19.7 billion) to $US33 billion a year from 2003 to 2012 when adjusted for inflation, according to the report today from the White House and...

 

Markets to open higher after mixed US, European stocks

What you need to knowSPI futures are 7 points higher at 5067The $A is lower at 91.49 US centsIn New York, the S&P500 was 0.12% lower at 1697.37In Europe, the FTSE100 lost 0.14% to 6574.34China iron ore gained 4.2% to $US138.70 a metric tonneGold...

 

US stocks fall amid Japan GDP as investors await retail sales

Tesla Motors declined 3.7 per cent as Lazard Capital Markets LLC downgraded the carmaker's shares. Sysco Corp fell 5.8 per cent after results missed analysts' estimates. Apple advanced 2.8 per cent after winning a patent-infringement battle against...

 

Ikea assembles renewable energy portfolio

Mainstream is building the 7.65-megawatt project in Leitrim in northwest Ireland, Dublin-based Mainstream said today in an e-mailed statement. It's expected to start operating early next year, at which point Ikea will buy the plant, Mainstream said....

 

US utilities should prepare for mounting wild weather costs

Severe weather, the primary cause of power failures in the US, cost the economy on average $US18 billion ($19.7 billion) to $US33 billion a year from 2003 to 2012 when adjusted for inflation, according to the report today from the White House and...

 

Markets to open higher after mixed US, European stocks

What you need to knowSPI futures are 7 points higher at 5067The $A is lower at 91.49 US centsIn New York, the S&P500 was 0.12% lower at 1697.37In Europe, the FTSE100 lost 0.14% to 6574.34China iron ore gained 4.2% to $US138.70 a metric tonneGold...

 

US stocks fall amid Japan GDP as investors await retail sales

Tesla Motors declined 3.7 per cent as Lazard Capital Markets LLC downgraded the carmaker's shares. Sysco Corp fell 5.8 per cent after results missed analysts' estimates. Apple advanced 2.8 per cent after winning a patent-infringement battle against...

 

Ikea assembles renewable energy portfolio

Mainstream is building the 7.65-megawatt project in Leitrim in northwest Ireland, Dublin-based Mainstream said today in an e-mailed statement. It's expected to start operating early next year, at which point Ikea will buy the plant, Mainstream said....

 

US utilities should prepare for mounting wild weather costs

Severe weather, the primary cause of power failures in the US, cost the economy on average $US18 billion ($19.7 billion) to $US33 billion a year from 2003 to 2012 when adjusted for inflation, according to the report today from the White House and...

 

Markets to open higher after mixed US, European stocks

What you need to knowSPI futures are 7 points higher at 5067The $A is lower at 91.49 US centsIn New York, the S&P500 was 0.12% lower at 1697.37In Europe, the FTSE100 lost 0.14% to 6574.34China iron ore gained 4.2% to $US138.70 a metric tonneGold...

 
Global markets mostly flat as investors wait for US economic data

Global markets mostly flat as investors wait for US economic data

It was a lacklustre night on international markets, as investors consider weak growth in Asia and prepare for key data this week. In light trade, the Dow Jones Industrial Average finished almost flat almost flat, down just five points to 15,420. The...

ABC News, 09:25 in Business
 
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