Market News

27/02/2015 9:19 AM

Treasury Wine's profit down

( TREASURY Wine Estates' interim net profit fell 60 per cent to $42.6 million, but sales revenue lifte 8.75 per cent and underlying earnings 86 per cent.
27/02/2015 9:05 AM

Chelsea sign £40m-a-year shirt deal

(BBC News) Chelsea sign a five-year shirt sponsorship with a Japanese tyre manufacturer worth a reported £40m per year.
27/02/2015 9:03 AM

Woolworths downgraded guidance

( WOOLWORTHS has downgraded its full year profit guidance in order to increase investment in its supermarket business.
27/02/2015 8:54 AM

Rio merges coal and copper units

( RIO Tinto is merging its copper and coal divisions as part of a raft of new restructuring moves aimed at reducing costs.
27/02/2015 8:51 AM

With 7th Straight Loss, R.B.S. Announces Drastic Downsizing

(NY Times) The Royal Bank of Scotland plans to reduce its geographic footprint to about 13 countries from 38, resulting in significant job losses, including in the United States.
27/02/2015 8:46 AM

Woolworths profit slides 3.1%

( WOORLWORTHS has recorded a 3.1 per cent slide in its first half profit, but underlying profit rose 4.7 per cent, which is higher than market expectations.
27/02/2015 8:23 AM

Copper climbs to six-week high

( COPPER jumped to the highest in six weeks as bearish investors scrambled to buy futures after Chinese trading resumed following a holiday break.
27/02/2015 8:16 AM

Gold pares gains after firm US data

( STRONGER than expected US data lifts dollar Fed comments push out expectations for US rate hike Firm Chinese physical demand underpins gold/
27/02/2015 7:53 AM

In Greece, Bailout May Hinge on Pursuing Tycoons

(NY Times) Athens promised to go after wealthy tax evaders, but that’s the easy part. Harder is reshaping tycoons’ domination of parts of the economy.
27/02/2015 7:35 AM

VIDEO: Conjuring up some India budget magic

(BBC News) Can India's government conjure up a cost-cutting budget?
27/02/2015 7:04 AM

Bits Blog: Google Puts European Operations Under a Single Executive

(NY Times) Google, which is facing various regulatory issues in Europe, has consolidated the region’s operations under a single executive.
27/02/2015 6:14 AM

Ghana to receive $1bn loan from IMF

(BBC News) Ghana has secured a $1bn loan from the International Monetary Fund that could stabilise its troubled economy.
27/02/2015 5:01 AM

Net neutrality rules passed by FCC

(BBC News) The Federal Communications Commission has voted in favour of tougher internet regulation, upholding principle of net neutrality
27/02/2015 5:01 AM

Net neutrality rules passed by FCC

(BBC News) The US Federal Communications Commission votes in favour of tougher internet regulation, upholding the principle of net neutrality.
27/02/2015 4:53 AM

Argentina Bond Sale Is Suspended Amid Hedge Fund Pressure

(NY Times) Demands by a federal judge in Manhattan are said to have led JPMorgan Chase and Deutsche Bank to pull back on their deal preparations.

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