Australia

Woolworths Shares Gain Most Since 2013 On David Jones Turnaround

Woolworths shares climbed the most in almost two years after the South African food and clothing retailer said that an improved performance by Australia&rs...

Australia Cuts Global Wheat Price Outlook on Ample Supplies

Wheat prices will probably extend a slump as ample stockpiles counter a decline in world production, Australia’s agricultural commodity forecaster sa...

New Upmarket Aldi Stores Open in Australia

German discounter Aldi has unveiled four new upmarket store layouts in Australia. The experimental stores, located in four different Australia...

Woolworths Slumps as Sales Grow at Slowest Pace in Three Years

Woolworths, Australia’s largest supermarket chain, slumped after its core sales growth measure increased at the slowest pace in three years. Share...

Australian Wine Exports Improving

The most recent figures make positive reading for the Australia’s wine industry. There has been a resurgence in interest in Australian wine global...

Australian Grocery War Sees Bond Risk Jump At Woolworths

The battle for the shopping dollars of Australians buffeted by a slowing economy is pushing up bond risk for Woolworths, the nation’s biggest superma...

Australian Price War Leaves Bears at Woolworths’ Door

Options traders and short sellers are betting that Woolworths will end up the loser in a price war among Australia’s largest supermarkets. Short i...

Screwcapped Wines Debunk Ageing Myth

According to a blind tasting undertaken at Vinitaly 2015 - the international exhibition for wine and spirits held in Verona - a number of screwcapped...

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