Saudi ferry operator, the Maritime Co for Navigation (MACNA) has signed a technical services contract with Australia's Austal to provide rapid response to technical issues related to three large Austal vehicle ferries, including spare parts supply, for a period of up to five years. The three vessels include the kingdom's two 69-metre vehicle ferries "Jazan" and "Farasan", delivered in 2009, and 56-metre vehicle ferry "Fares 1", delivered in 2002.
In 2008, when the economy and stock market fell like bricks, Deckers Outdoor (DECK) saw its earnings per share grow 43% and sales leap 54%. What's its secret? Ugg owners know. The tan-colored sheepskin-lined boots are not only warm and comfortable, but have become a global staple for the trendy and fashion-conscious. Uggs command premium prices. On Amazon.com, the women's Australia classic tall boot is priced from $119 to $204. Copycats abound.
SYDNEY - Grains marketers GrainCorp and AWB have said that the two companies will merge to create one of Australia's largest diversified agribusinesses.The two companies say GrainCorp will issue to AWB shareholders one GrainCorp...
SYDNEY - Australia's online stockbroking industry is set for a major shake-up, with CMC Markets slashing brokerage fees as it chases market share.The stockbroking firm revealed it was cutting its online stockbroking fee from A$19.95...
Today at our Social Currency CrunchUp in Palo Alto, CA, James Lamberti, VP of Global Research and Marketing for InMobi, sat down with our Michael Arrington to tell us a bit about mobile advertising.
InMobi is the largest independent mobile ad network in the world. Overall, they’re number two behind Google’s AdMob. That earned them an $8 million investment from Kleiner Perkins and Sherpalo Ventures a couple weeks ago. But what’s particularly interesting about InMobi is how well they’re doing outside the U.S.
Out of inMobi’s 16.9 billion mobile ad impressions globally, 2.6 billion are in Africa, more than the US’s 2 billion. 10 billion are in Asia, no surprise considering.....
Lamb is a wonderful meat and always good here in Australia - it can be pricy so making a warm salad for an entree is a great way of enjoying it. I find that lamb goes incredibly well with spices, and ...
MALAYSIA is keen to join the Trans Pacific Partnership (TPP), a regional trade pact, but it needs the nod from the eight-member countries to do so, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed.
"It is up to the member countries to decide (on Malaysia's entry)," he said at a media briefing in Kuala Lumpur yesterday.
The eight countries are Australia, Brunei, Chile, New Zealand, Peru, Singapore and Vietnam. They have held two meetings so far.
Malaysia's Cabinet had given the mandate to join the regional group two weeks ago.
"In the area of government procurement, we have said that we are prepared to discuss it further. Of course, there will be
MALAYSIA'S free trade agreement with New Zealand will come into force tomorrow, enabling Malaysians to extend their products and services to the Oceanic region.
International Trade and Industry Minister Datuk Mustapa Mohamed said the bilateral agreement will add value to the Asean-Australia-New Zealand FTA which came into force from January 1 this year.
"Under this agreement, there will be a faster elimination of import duties from 2020 (under the regional FTA) to 2016 (under the bilateral FTA). Malaysian consumers will also gain from the faster elimination," he said at a media briefing yesterday.
It will provide better market access for Malaysia's exporters as import duties on all Malaysia's export products including electrical and electronic products, textiles and apparel and auto.....
PARIS: A consortium led by Hong Kong's richest man Li Ka-shing has made a US$9 billion (US$1 = RM3.19) "irrevocable" offer to take over the British power distribution network of French electricity giant EDF, the French company said yesterday.
If completed, the deal would be the biggest by a Hong Kong entity in Britain.
EDF Energy, the largest electricity supplier in Britain, is owned by EDF, the state-controlled French giant which said in October it had put its three distribution grids up for sale as it tries to reduce debt. EDF group is Europe's biggest electricity producer.
The Hong Kong consortium beat rival offers from a British energy firm and Canadian-Australian-Abu Dhabi consortium, a source close to the deal was quoted as saying by the Dow Jones news wire.
An .....
As the stock market continues to trade range bound despite solid earnings reports from a variety of companies, economic data is beginning to weigh more heavily on the markets. With durable goods orders down 1% since last month and unemployment levels still above 9.5%, the economic outlook remains gloomy for most Americans. This leaves many economists to worry that we could sink back into a dreaded double-dip recession. While the U.S. situation remains uncertain, economic activity may be picking up in other developed markets which have seen positive developments lately.
Earlier this week, quality data came out of a variety of developed markets suggesting that the economic condition may be bottoming out in many advanced economies. In Europe, unemployment declined to 7.6% and economic confidence rose more.....
BELLEVUE, Wash., July 30 /PRNewswire/ -- Australia and New Zealand vacation wholesale specialist Down Under Answers (http://www.duatravel.com), or DUA, is excited to introduce the newest member of their travel team, Jason Mesnick - a name known to millions as "The Bachelor."
In his position as busin
ITASCA, Ill., July 30 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. (NYSE: AJG) today announced that it has acquired the remaining 60% equity interest in Specialised Broking Associates Pty Ltd, (SBA) headquartered in Perth, Western Australia. Terms of the transaction were not disclos
The New Zealand sharemarket edged up in quiet trading today as markets elsewhere fell.Telecom closed unchanged at 199 on confirmation of speculation it is selling the consumer part of its AAPT business in Australia and its stake...
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