LONG-TERM commodity price forecasts will have to ratchet up, as rising domestic demand in population giant China adds another leg to the “stronger-for-longer” commodities boom, according to major investment fund BlackRock’s global resources portfolio manager Evy Hambro.
Archive for October, 2007 Page 2 of 21
BHP Billiton experienced a decline in production at many of its operations in the first quarter of 2007-08, as the world’s biggest miner strains to meet surging China-led demand for raw materials.
AUSTRALIA’s biggest retailer Woolworths Ltd has reiterated its full year sales guidance as it posted an 8.9 per cent jump in first quarter sales.
ABOUT 50 jobs will be lost when Fairfax Media closes three regional printing presses in Victoria and NSW next month.
CLOTHING and bedding retailer Pacific Brands says it is well placed to deliver at least 10 per cent net profit growth this financial year.
COST blowout at two of BHP Billiton’s largest oil and gas project in the US have taken the gloss off another record production performance by the major miner.
COST blowout’s at two of BHP Billiton’s largest oil and gas project in the US have taken the gloss off another record performance by the major miner.
US drug company Merck reported a better-than-expected profit on Monday, helped by sales of its vaccines and cholesterol drugs, and raised its 2007 profit forecast.
APPROVAL of the tentative labour contract between the United Auto Workers union and car maker Chrysler looked uncertain overnight as factories representing almost a quarter of the automaker’s workers have rejected the deal so far.
MOBILE chipmaker Texas Instruments posted higher third-quarter earnings overnight as it sold more analog chips with higher profit margins.
