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Hitachi makes $689m bid for Bradken

Japanese giant Hitachi Construction Machinery (HCM) has submitted a $689 million takeover bid to acquire Bradken, an Australian supplier of mining equipment. The $3.25 a share...
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What spending reveals about downstream consumer demand for manufactured goods

For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.