Adelaide Brighton Ltd's annual net profit has risen slightly but the cement supplier has forecast a lower result this year due to weaker demand for cement. Adelaide Brighton net profit of $123.1 million for the 12 months to December 31, up 1.9 per cent on $120.8 million on the

Adelaide Brighton Ltd's annual net profit has risen slightly but the cement supplier has forecast a lower result this year due to weaker demand for cement. Adelaide Brighton posted a net profit of $123.1 million for the 12 months to December 31, up 1.9 per cent on $120.8 million on the

Monday February 15, 2010, 12:38 pm Shares in BlueScope Steel are down 3.1 per cent, after the company reported a $28 million loss for the six months to the end of December. That compares to a profit of $407 million for the same period in 2008. The company announced a 33 per

The economic forecaster Access Economics says Tasmania has coped well during the global economic downturn but its recovery is lagging. Its latest report says Tasmania 's economy slowed but did not stall because of its momentum when the crisis hit. The Director, Chris

All signs suggest the economic recovery will end the year on firmer footing despite a report Tuesday that the US economy grew at a 2.2 per cent pace in the third quarter, less than previously thought. The Commerce Department's new reading on gross domestic product for the...

Activity in the Australian construction industry contracted in November as a drop in the building of flats and falls in engineering and commercial work constrained the sector, a survey shows. The Australian Industry Group (AI)/Housing Industry Association Performance of Construction Index...

Deere is the biggest U.S. maker of farm equipment, and sluggish economic conditions in the United States and much of the rest of the world continue to drive down demand for its agricultural mainstays. Prices of major crops such as corn and soybeans show no sign of rebounding to anything like...

AP The US economy is growing modestly, with consumers too wary about spending to invigorate the recovery. That's the picture that emerged from reports on Tuesday on the economy and the confidence of consumers, who power 70 per cent of it. Unemployment and tight credit have sapped...

The US economy is growing modestly, with consumers too wary about spending to invigorate the recovery. That's the picture that emerged from reports Tuesday on the economy and the confidence of consumers, who power 70 per cent of it. Unemployment and tight credit have sapped shoppers'...