Posties swap bike for van amid parcel boom

Posties swap bike for van amid parcel boom

Australia Post is putting hundreds of posties in vans, hiring an extra 600 casuals and bringing 15 more processing facilities online to handle a near doubling of parcel traffic over the past month as virus-isolated consumers shop online. It has also chartered an...
Posties swap bike for van amid parcel boom

Gold dips to one-week low on profit-taking

Gold fell to a one-week low on as investors took profits, with bullion further weighed down by upbeat plans in some countries to loosen restrictions put in place due to the coronavirus. Spot gold fell 0.7 per cent to $US1,702.40 per ounce, after falling as much as 1.4...
Posties swap bike for van amid parcel boom

Copper steady following production cuts

Copper prices steadied as the market focused on stagnating economic activity and falling demand due to the coronavirus crisis, but production cuts by major miners due to lockdowns provided support. Benchmark copper on the London Metal Exchange was up 0.3 per cent at...
Posties swap bike for van amid parcel boom

Crude price falls on stockpile build

US crude prices settled lower, falling about 3.0 per cent as domestic stockpiles were expected to have risen closer to record highs amid tightening storage despite plans to cut production during the COVID-19 pandemic. However, markets were supported on hopes of demand...
Posties swap bike for van amid parcel boom

Google’s growth slows as virus hits ads

Google has reported its weakest revenue growth in nearly five years in the first quarter as the pandemic-driven recession began to shrivel its advertising sales. The January-March earnings for Google parent Alphabet offer a first look at how the digital ad market has...