Nutritional supplements company Vitaco debuted on the ASX yesterday, and has predicted the surging demand from China for its products will continue.
There are countless examples of Australians leaving the country and achieving spectacularly overseas. Is it right to consider this a brain drain? Brent Balinski collected some perspectives.
Prime Minister Tony Abbott will move a motion in the House of Representatives today asking for support of the free trade agreement with China.
PWR, the Queensland-based designer and manufacturer of cooling systems used by car racing teams, is considering an ASX listing later this year.
Pacific Brands has achieved an improved result for the financial year, in which it focussed its business by selling off over $200 million in assets.
BlueScope has swung back into profit, but has warned significant costs needed to be cut across its Australian and New Zealand operations.
Delegates from India’s automotive sector are visiting Melbourne and Sydney this week as part of Austrade’s Innovation Showcase.
Australian mining services group Bradken has reported a full year loss of $241.3 million and will not pay a dividend to shareholders.
Warren Buffet’s Berkshire Hathaway has agreed to purchase aerospace manufacturer Precision Components Corp for $US 37.2 billion, its biggest acquisition ever.
Gloves and condom maker Ansell reported a jump in full-year profits this morning, announcing a net profit of $US 187.5 million for the 2015 financial year.
Orica has written down its asset values by up to $1.65 billion, and the explosives maker has signalled that further cuts may be necessary due to tough conditions.
The latest Australian International Business Survey continues to highlight the financing constraints faced by Australia’s internationally-active businesses.
Australia’s manufacturing sector made an impressive comeback to expansion in July, according to a key index.
Prime Minister Tony Abbott has attacked the Labor party for playing “xenophobic short-term politics” over the free trade agreement with China.
Over 2,000 union workers held a rally against the China-Australia Free Trade Agreement (FTA) in Brisbane yesterday.
The Senate Economics Reference Committee will today hear how innovation holds the key to the future of Manufacturing and a great number of jobs, in a presentation by medical device manufacturer Cook Medical Australia.
Enquiries have come from as far away as Saudi Arabia following an investor roadshow for the Perth-born bricklaying robot company Fastbrick Robotics.
General Motors Holden sold 106,092 vehicles and was the second-most popular car brand in the country, but made a loss of $361 million last year.
Leaked details of Defence white paper discussions suggest uncertainty around shipbuilding in Newcastle and Melbourne will continue.
Infigen has sold its US wind energy business to Primary Wind Power for approximately $US 272.5 million.