WTO cuts 2016 world trade growth to 1.7 per cent
The World Trade Organisation has cut its forecast for global trade growth this year by more than a third, reflecting a slowdown in China and falling levels of imports into the United States.The new figure of 1.7 per cent, down from the WTO's previous estimate of 2.8 per cent in April, marked the first time in 15 years international commerce was seen lagging the growth of the world economy, the trade body said. China's weakness has prompted a downgrade. Photo: Grant Faint The figures shou..>> view originalSupercharge your portfolio with these 4 small cap stars
When it comes to investing I get far more excited about investing in emerging companies than the traditional blue chip options such as Woolworths Limited (ASX: WOW). Whilst I wouldn't suggest having a portfolio full of emerging companies, having a ...>> view originalCover-More to buy US business for $138m
Travel insurance group Cover-More is raising $73.3 million through a rights share offering to part fund its acquisition of US-based Travelex Insurance Services. Cover-More on Tuesday said it had agreed to buy the Travelex business for $138 million, giving it a strong presence in North America. Travelex isthethirdlargestretailtravelinsurancespecialistintheUS market, with gross written premiums of $US124 million ($A162 million) and earnings of $US9.5 million for the year to June 30. "Travelex isa..>> view originalAust set for years of low rates: economist
Disney in Twitter takeover bid
September 27, 201611:59amTwitter could soon have a new owner. Disney.Staff writer and wiresNews Corp Australia NetworkTWITTER could soon have a new owner with reports Disney is ‘interested’ in buying the financially underperforming microblogging site. The Walt Disney Co is the latest conglomerate that is said to be evaluating a possible takeover of Twitter.Disney is working with a financial adviser to “evaluate a possible bid”, according to Bloomberg.Google, Microsoft, Verizon and Salesforce.com..>> view originalCountry Road CEO Matt Keogh steps down after two years
Capilano gag order over 'toxic honey' claim
AN Australian beekeeper is in a sticky situation after Capilano won a gag order against him.Simon Mulvany accused the honey maker of selling “toxic” imported honey in order to make more money, a claim the company vehemently denies.The company has taken legal action against the Victoria-based beekeeper, who runs consumer activist website Save the Bees, as a “last resort” after a petition of 30,000 signatures backed his claims.media_cameraLegal fight... Capilano has taken the matter to the Supreme..>> view originalWoolworths wins against Lowe's in Masters legal battle
Retailer Woolworths has won a legal battle against American retail giant Lowe's attempt to appoint a liquidator to the failed Masters hardware chain. Woolworths on Tuesday afternoon secured a stay of an application from Lowe's to wind up the joint venture used by the companies to run Masters. Woolworths announced in August it would close the struggling hardware chain. More Business Videos Previous slide Next slide Lowe's launches court action over Masters We'r..>> view originalATO sends bounty-hunters after late payers
Debt collectors hired by the Tax Office are putting prices on the heads of tax debts, with individual operators promised bonuses and incentives to "convince" debtors to pay-up.Tax Office unions are on the warpath, saying taxpayers might find themselves subjected to high-pressure tactics from debt collectors chasing a payday for bringing in outstanding taxes. Debt collector chasing outstanding tax bills are to be paid bonuses and incentives. Photo: Louise Kennerly Senior ATO management ha..>> view originalCheesed off Pizza Hut franchisees get second bite of the pie
More than $80 million. That's how much cheesed-off Pizza Hut franchisees are hoping to take the company for, after reigniting their bid for compensation from the fast-food giant, claiming they were forced to sell unprofitable pizzas.About 200 franchisees from across the country have been fighting a long-running legal battle against the fast-food giant's American owner Yum!, accusing it of forcing dozens of mum-and-dad small business operators to shut up shop. Pizza Hut franchisees are hopi..>> view original
Sunday, October 2, 2016
WTO cuts 2016 world trade growth to 1.7 per cent and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment