Bubs’ record quarter amid Chinese demand

Bubs’ record quarter amid Chinese demand

Australian baby formula producer Bubs has reported its highest quarterly gross revenue thanks to booming demand in China for infant formula. Bubs’ $19.7 million revenue for the quarter ended March 31 was helped by sales in China more than doubling on the same...
Bubs’ record quarter amid Chinese demand

Record falls in activity, confidence: NAB

Measures of Australian business and consumer sentiment suffered their steepest falls on record in March as whole sectors of the economy were shut down to stem the coronavirus, likely tipping the country into its first recession in three decades. National Australia...
Bubs’ record quarter amid Chinese demand

Wall Street dips as record job growth ends

Wall Street has dipped as the novel coronavirus abruptly ended the longest spell of US employment growth on record, but declines were limited by a surprise expansion in the US services sector. The Labor Department’s report said a recession was under way as...
Bubs’ record quarter amid Chinese demand

Gold jumps amid record high US job losses

Gold prices jumped to a two-week high overnight, after a record surge in US jobless claims dented the dollar and boosted expectations of further stimulus to cushion the global economic toll from the coronavirus pandemic. Spot gold rose 1.1 per cent to $US1,631.05 per...

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