Businesses are growing in confidence about a stronger economic outlook, but profitability remained weak in the first three months of 2010, a survey found.
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Businesses are growing in confidence about a stronger economic outlook, but profitability remained weak in the first three months of 2010, a survey found.
Ford said it earned & #36;US2.1 billion ( & #36;A2.2b) in the first quarter, another sign the economy is improving as people spend more on big-ticket items like cars.
Business conditions and confidence eased slightly in the first quarter of 2010, but remain firmly in positive territory, a survey shows.
Woodside Petroleum Ltd has reported a seven per cent drop in production in the first quarter of 2010, despite record LNG production from the North West Shelf.
South Korea & #39;s Hyundai Motor has announced its net profit jumped nearly five-fold in the first quarter of this year on the back of strong sales abroad.
Australia & #39;s economic recovery looks set to get another shot in the arm after China reported a near 12 per cent growth rate in the first three months of 2010.
Property developer Australand Property Group says it has acquired the first parcel of a new development site in Brisbane on which it hopes to build 1,000 homes.
The number of motorists using Brisbane & #39;s new Clem7 tunnel has slumped in the first week of tolls being imposed.
Energy Resources of Australia Ltd says softer market conditions are taking their toll and will influence average sale prices expected in the first half of 2010.
Ten Network Holdings Ltd says conditions improved considerably in the second quarter after returning to profitability in the first half of fiscal 2010.