澳洲新闻 (ABC新闻快递) 2014-08-13（在线收听） |
And the new owner of David Johns insists it's not planning any major changes to this department store chain; David Johns chief executive Paul Zahra has quit just a month after shareholders approved the takeover by South Africa's Woolworths. Iain Nairn who is currently in charge of another Woolworths company Country Road has been appointed as Mr. Zahra's replacement.
Woolworths has praised Paul Zahra for his leadership of David Johns through the recent difficult times.
A surge in sales and profits has driven business conditions to a four-year high. The widely-watched NAB monthly business survey has found a surprise lift in business confidence buoyed by home construction and retail.
NAB's chief economist Alan Oster says while they are positive signs they are likely, unlikely rather, to get, have too much impact on unemployment which he thinks could reach 6.5% by the end of the year.
To the market:
Wall Street fell slightly in lackluster trade overnight. The Dow lost nine points. Nasdaq shed 12 and the S&P 500 dropped three points. In London the FTSE finished steady.
Checking commodity prices:
West Texas Crude is trading at 97 US dollars a barrel, and Tapis is at 105; gold's trading at 1,308 US dollars an ounce.
The Aussie Dollar is buying 92.6 US cents, 69 Euro cents and 55 Pence Sterling. |
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