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UK wine industry booms with new producers

UK wine industry booms with new producers

A new study shows the UK's wine industry is booming with scores of new producers and vineyards opening in the last year. The…

  • UK wine industry booms with new producers AAP - 3 hours ago
    UK wine industry booms with new producers

    A new study shows the UK's wine industry is booming with scores of new producers and vineyards opening in the last year. The study by accountancy group UHY Hacker Young found there have been 37 newcomers to the industry, taking the total of new UK wine producers to 200 in the last five years. The expansion has been driven by high quality English wines, particularly sparkling wines, which are increasingly winning recognition internationally, said the report.

  • CFMEU fined for Perth airport protest AAP - 4 hours ago

    The Construction, Forestry, Mining and Energy Union and six of its officials have been fined more than $21,200 for illegally blockading a Perth airport expansion site in late 2013. The union organised a protest at the site of the $80 million project on October 22, 2013 over what it said was more than $150,000 in unpaid wages involving 46 workers. About 100 protesters and CFMEU officials blocked 150 other employees from accessing the site for three and a half hours, and threatened the airport and head contractors, Leighton Holdings-owned Broad Construction, with returning to disrupt the site the next day until the workers were paid.

  • $A down after US Fed flags more hikes AAP - 6 hours ago

    The Australian dollar is again on the back foot while the greenback gets a boost from hawkish US Federal Reserve remarks. Westpac chief currency strategist Robert Rennie said the key driver of Aussie weakness in the Asian session was Fed Chair Janet Yellen's comments on Friday. The head of the US central bank flagged that an increase in the interest rate is quite possible in coming months.

  • Stocks to watch AAP - 6 hours ago

    Stocks to watch on the Australian stock exchange: LYC - LYNAS - down 0.2 cents, or 2.86 per cent, at 6.8 cents Struggling rare earths miner Lynas has earned a reprieve with its lenders agreeing to postpone ...

  • Indian tycoon seeks $2.5b in ANZ case AAP - 7 hours ago

    Indian glamour couple Pankaj and Radhika Oswal want up to $2.5 billion in compensation from the ANZ and receivers over the sale of their stake in an Australian fertiliser business. More than five years after leaving Australia, the Dubai-based Oswals have returned to mount the biggest compensation trial in Victorian history as they seek at least $1.5 billion in damages from the bank and the receivers it appointed to the Burrup business. The Oswals argue their 65 per cent stake in Burrup Holdings was sold for less than half its true value in 2012 as the bank sought to recoup debts.

  • Aust stocks largely flat AAP - 7 hours ago

    The Australian share market has closed slightly higher following a lacklustre performance from the heavyweight banks and mining stocks. IG market analyst Angus Nicholson said the US dollar was responsible for a lot of the weakness in mining stocks. The greenback had rallied in a positive reaction to US Federal Chair Janet Yellen's comment that it would be appropriate for a US rate hike in coming months, Mr Nicolson said, and that was weighing on commodity prices.

  • Bonds sag as US rate hike odds firm AAP - 7 hours ago

    The Australian bond market has continued to sell off after the head of the US Reserve Bank flagged more interest rate rises. "It mostly reflects the upward trend we saw late on Friday in the US after ...

  • Petrol prices at four-month high: research AAP - 8 hours ago

    Petrol prices are at a four-month high and drivers will need to get used to paying a little more at the pump, new figures show. The average price of petrol across Australia was 119.1 cents per litre in the week ending May 29, following a rise in oil prices and a slip in the Aussie dollar, CommSec chief economist Craig James says. Drivers in Sydney have been feeling the worst of the price hike, with Mr James citing research by the Australian Institute of Petroleum that shows it was the most expensive capital city with an average price of 124.8 cents a litre.

 

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    Market Data

    • Currencies
      Currencies
      NamePriceChange% Chg
      0.9332+0.0003+0.04%
      NZDAUD=X
      0.6701+0.0005+0.07%
      NZDUSD=X
      0.4587+0.0003+0.06%
      NZDGBP=X
      74.4977+0.5761+0.78%
      NZDJPY=X

    MARKET MOVERS

    • Most Actives
      Most Actives
      NamePriceChange% Chg
      2.215+0.085+3.99%
      AIR.NZ
      1.53-0.02-1.29%
      ATM.NZ
      2.650.000.00%
      MEL.NZ
      1.350.00+0.37%
      GMT.NZ
      0.620.000.00%
      COA.NZ
    • % Gainers
      % Gainers
      NamePriceChange% Chg
      2.30+0.40+21.05%
      BFW.NZ
      0.125+0.015+13.64%
      SLG.NZ
      0.25+0.02+8.70%
      TRU.NZ
      0.70+0.05+7.69%
      APN.NZ
      1.80+0.12+7.14%
      SCT.NZ
    • % Losers
      % Losers
      NamePriceChange% Chg
      0.35-0.03-7.89%
      VML.NZ
      0.29-0.02-6.45%
      GEO.NZ
      3.95-0.25-5.95%
      TIL.NZ
      0.18-0.01-5.26%
      SPY.NZ
      3.11-0.17-5.18%
      BGR.NZ