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David Parker: Alcoa closure sounds alarm

In the late Nineties, Professor Geoffrey Blainey published the history of the first 30 years of Alcoa of Australia’s story called White Gold. It was a true account of the determination and visionary leadership of Australian and US industrialists keen to establish a world class aluminium industry in Australia soon after the end of WWII. It was the classic case of Australia having the geological inventory in extensive low grade bauxite resources but needing the technological support of a major US partner to develop a highly complex mineral processing, refining and smelting capability. Recall this was a time at the height of the Cold…

Embracing Sustainability – The Rise of Biodegradable Bags in Packaging Solutions

Share Tweet Share Share Email In the era of environmental consciousness, businesses are increasingly turning to sustainable packaging solutions, and biodegradable bags have emerged as a frontrunner in this movement. This guest post will delve into the world of biodegradable bags, exploring their significance, benefits, and the impact they can have on the environment. Throughout this article, we’ll focus on essential keywords such as “biodegradable bags wholesale” and “custom biodegradable packaging bags,” shedding light on the growing demand for eco-friendly packaging options. Understanding Biodegradable Bags a. Definition and…

Economic figures and Yemen attacks help lift FTSE

Business | Business News The attack on Houthi forces by the US and UK militaries overnight and a better-than-expected economic performance for the country’s economy were credited with lifting the FTSE 100 on Friday. The index, which has so far had a poor start to the year, rose 48.34 points, or 0.64%, to end the day at 7,624.93. It was a rise dominated by mining companies, top among them Endeavour Mining, which owns several gold mines across Africa. Its performance was boosted by the uncertainty caused by the hostilities in the Middle East where US and UK planes struck dozens of targets in Yemen . That caused investors to put their…

US-led Strikes in Yemen Spark Oil Price Surge Amid Renewed Supply Concerns

Crude oil prices rallied after the United States led air strikes against the Iranian-backed Houthi rebels in Yemen in retaliation for attacks on ships in the Red Sea. West Texas Intermediate (WTI) crude futures surged as much as 4.2 percent to above $75 per barrel on the New York Mercantile Exchange. Brent, the international benchmark for oil prices, also advanced 4 percent to top $80 a barrel on ICE Futures Europe. Other energy commodities popped on the news, including natural gas, climbing close to 3 percent. As part of efforts to deter additional attacks on vessels in the Red Sea, U.S. and British forces initiated joint strikes…

Q4 Earnings Season Is a Crucial Indicator of Retail Health Amidst Rising Credit…

Fourth-quarter earnings season is set to unfold, and it could be one of the more important ones to watch. It will provide a report card for the year’s final – and typically busiest shopping — quarter, which includes the holiday season. Major retailers have been vocal about shifts in consumer behavior, sounding alarms over a potential downturn. And retail stocks have confirmed this for nearly a year with their sideways movement. In recent months, consumer confidence indices have painted a mixed picture. On one hand, unemployment rates have remained low, and wage growth has been steady, suggesting a resilient economy. On the other,…