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Oz steelmaker carves out profit in hard market

  Vienna / AFP Austrian steelmaker Voestalpine said on Thursday it had pulled off a slight increase in full-year profits despite a “negative” international economic climate that has hampered steel and oil prices. Investors cheered the results which beat analysts’ forecasts. Shares in Voestalpine, which specialises in steel used in the rail, automobile, aviation, home appliances and oil and gas ...

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Japan suspends live cattle imports from Australia

  Tokyo / AFP Japan has temporarily suspended live cattle imports from Australia after “some” cows were found to have a gastrointestinal disease, the agriculture ministry said on Thursday. The infected animals arrived in Japan by air and tested positive for Johne’s disease, also known as paratuberculosis, while in quarantine, a ministry official said. Tokyo imposed a temporary ban on ...

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Top Indian firms may post double-digit profit growth

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  New Delhi / Tribune News Service Indian companies’ earnings growth is recovering and they are all set to post a double-digit profit growth for the fiscal years to come, after seeing flattish to weak growth for a few years now, according to analysts. To be sure, this growth comes on a low base. Kotak Insititutional Equities, an arm of ...

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