Oil below $67 after bleak U.S. jobs data
LONDON- July 3 - Oil traded below $67 a barrel on Friday- adding to a fall of nearly 4 percent the previous day- as unemployment data hardened views economic weakness would sap energy demand further and that last months rally was overdone. ...
Oil below $67 after bleak U.S. jobs data
LONDON- July 3 - Oil traded below $67 a barrel on Friday- after a fall of nearly 4 percent in the previous session- pressured by a stronger dollar and investor concern about the economic outlook and energy demand. ...
Dollar climbs against euro
LONDON AFP - The dollar edged up Friday against the euro as fresh worries about the health of the US economy supported the -amp quotsafe-haven -amp quot greenback- dealers said. ...
European stocks extend losses
LONDON- July 3- 2009 AFP - Europes main stock markets weakened further on Friday after sliding a day earlier on news of greater-than-expected job losses in the United States. ...
Cape Lambert increases stake in DMC
Cape Lambert Iron Ore Ltd will take a 37 per cent stake in smaller iron ore explorer DMC Mining Ltd without triggering a takeover. ...
BHP sells Yabulu plant to billionaire
BHP Billiton Ltd will book heavy writedowns on the sale of its Yabulu nickel refinery in Queensland to iron ore billionaire Clive Palmer. ...
Flight path changes upset hills residents
Air Services Australia and Perth Airport management have met to discuss complaints about an increase in flights over Perths hills. ...
RBA tipped to leave rates on hold again
The central bank is expected to leave interest rates on hold for a third straight month in July as signs emerge that the economy is faring better than most. ...
Firestone set to be 'new force in coal'
Firestone Energy says it is on track to commence small-scale mining in South Africa by the end of the year in a joint venture with local explorer Sekoko Coal. ...
Green shoots wither in job drought
In recent weeks- any piece of economic data that could loosely be desribed as less worse than expected has been portrayed as a good result - to use- or overuse- the jargon - a green shoot. ...
Tour Down Under route released
Tour Down Under organisers have given details of next years cycling event- with Clare- north of Adelaide- to get a stage for the first time. ...
BHP offloads Yabulu nickel plant
BHP Billiton Ltd will book heavy writedowns on the sale of its Yabulu nickel refinery in Queensland to iron ore billionaire Clive Palmer. ...
Green shoots wither in job drought
In recent weeks- any piece of economic data that could loosely be desribed as less worse than expected has been portrayed as a good result - to use- or overuse- the jargon - a green shoot. ...
Change to car insurance nets big savings
Basing the cost of car insurance on how far you drive can save people money and help the environment- a study says. ...
Aust market ends week lower
The Australian share market has fallen- but not as hard as Wall Street overnight. ...
Rio Tinto 'pleased' by $19b new capital
Anglo-Australian miner Rio Tinto Ltd has successfully completed a $A19.22 billion equity raising that will allow it to pay down debt. ...
Oil slips below $67 after bleak U.S. jobs data
LONDON- July 3 - Oil eased below $67 a barrel on Friday- after a nearly 4 percent fall in the previous session- pressured by a stronger dollar and investor concern about the economic outlook and energy demand. ...
Fujitsu Supports Windows 7 Upgrade Program
Tokyo- July 3- 2009 - ACN Newswire - Fujitsu today announced that the Windows 7 upgrade software is available for selected Fujitsu notebooks that are preinstalled with qualifying Windows Vista software versions stated below in Asia Pacific excluding Japan and Korea. Limited quantities are available and registration can be done online at httphk.fujitsu.com-windows7upgrade. The upgrade options are listed as follows- ...
Beach Petroleum Limiteds ASX-BPT Butlers-1 Oil Discovery Was Successfully Completed As An Oil Producer
Adelaide- Australia- July 3- 2009 - ABN Newswire - Beach Petroleum Limited ASX-BPTPINK-BEPTF is pleased to announce that the Butlers-1 oil discovery was successfully completed as an oil producer yesterday.The completion accesses the fields 4.5 metre Namur oil accumulation over a 2.5 metre perforation interval 1300.7m - 1303.2 mRT. ...
Green shoots wither in employment drought
In recent weeks- any piece of economic data that could loosely be desribed as less worse than expected has been portrayed as a good result - to use- or overuse- the jargon - a green shoot. ...
Green shoots wither in employment drought
In recent weeks- any piece of economic data that could loosely be desribed as less worse than expected has been portrayed as a good result - to use- or overuse- the jargon - a green shoot. ...
Green shoots wither in employment drought
In recent weeks- any piece of economic data that could loosely desribed as less worse than expected has been portrayed as a good result - to use- or overuse- the jargon - a green shoot. ...
Beach Petroleum extends Drillsearch bid
Oil and gas company Beach Petroleum says has extended its takeover offer for Drillsearch until August 14 and waived all conditions. ...
Vehicle market shows signs of recovery
The federal government says a strong rebound in new car sales in June shows the government's targeted investment incentives are working. ...
Contractors blamed for Shanghai building collapse
SHANGHAI AFP - A Shanghai building which collapsed last week- killing a construction worker- did so because contractors had recklessly shifted the earth at its base- the city government said. ...
Aussie recovers from 2-week lows on domestic cheer
The Aussie also recouped some of its sharp losses against the yen AUDJPYR- trading at around 76.78 yen by Friday evening. It had dived to 75.77 yen- its lowest since June 24- as leveraged positions were unwound after the dismal U.S. jobs report. ...
Gunns takes stake in Forest Enterprises
Woodchipper Gunns Ltd has acquired a 17.9 per cent stake in Forest Enterprises Australia Ltd FEA at 10 cents per share. ...
BHP offloads Yabulu nickel factory
BHP Billiton Ltd will book heavy writedowns on the sale of its Yabulu nickel refinery in Queensland to iron ore billionaire Clive Palmer. ...
Rio Tinto 'pleased' by $19b new capital
Anglo-Australian miner Rio Tinto says it is very pleased after successfully pulling off a $A19.22 billion capital raising. ...
RBA tipped to leave rates on hold again
The central bank is expected to leave interest rates on hold for a third straight month in July as signs emerge that the economy is faring better than most. ...
Industrialist Victor Smorgon dies at 96
Victor Smorgon- the head of one of Australia's wealthiest families and one of the country's greatest industrialists- has died in Melbourne at the age of 96. ...
Oil steadies below $67 after bleak U.S. jobs data
PERTH- July 3 - Oil steadied below $67 a barrel on Friday- after a nearly 4 percent fall overnight as high jobless numbers across the U.S. and Europe revived concerns about the global economic outlook and its impact on energy demand. ...
Succession law means kids might lose out
Dying without a legally proper will could leave your children out in the financial cold- after recent changes to the NSW succession law. ...
Travellers the winners as airlines slug it out
The airline industry may be on its knees worldwide- but it seems there has never been a better time to fly. ...
Australia shares fall 1.3 pct BHP- Rio lead decline
SYDNEY- July 3 - Australian stocks fell to their lowest close in over a week on Friday- with losses headed by global miners BHP Billiton Ltd BHP and Rio Tinto Ltd RIO after gloomy jobs data in the U.S. cast doubt on the prospects for a global recovery. ...
Lawyers try to recover Timbercorp loans
Lawyers acting for the liquidators of Timbercorp Finance have started legal action to recover money from investor-growers who have defaulted on their loans. ...
Rio Tinto sells off remaining new shares
Underwriters for Rio Tinto's Australian market capital raising have found buyers for all shares that remained unsold from the offer- the company says. ...
RBA tipped to leave rates on hold again
The central bank is expected to leave interest rates on hold for a third straight month in July as signs emerge that the economy is faring better than most. ...
Industrialist Victor Smorgon dies at 96
Victor Smorgon- the head of one of Australia's wealthiest families and one of the country's greatest industrialists- has died in Melbourne at the age of 96. ...
Beach Petroleum extends Drillsearch bid
Oil and gas company Beach Petroleum says has extended its takeover offer for Drillsearch until August 14 and waived all conditions. ...
Freight costs could rise under truck plan
The Australian Trucking Association has welcomed a decision to set up a national trucking regulatory body- but it is concerned it could mean increased freight costs. ...
US airline Delta launches Sydney to LA route
SYDNEY AFP - Giant US airline Delta has launched non-stop Sydney to Los Angeles flights- becoming only the fourth carrier to ply the lucrative route. ...
Hobart Myer site for sale
The former Myer department store site in central Hobart is to be sold. ...
Hobart Myer site for sale
The former Myer department store site in central Hobart is to be sold. ...
Voicemail charges on mobiles 'excessive'
Nearly four out of five Australians would use the voicemail on their mobile phones more regularly if the service was free- a survey says. ...
Beach Petroleum extends Drillsearch bid
Oil and gas company Beach Petroleum says has extended its takeover offer for Drillsearch until August 14 and waived all conditions. ...
Aussie market slide not as bad as Wall St
The Australian share market had eased just over 1 per cent by the middle of the day- a small echo of Wall Streets 2.6 per cent slide. ...
Milk price cut to farmers
South Australias dairy industry is hoping the global financial crisis will ease this year to help boost the price of milk. ...
Tour Down Under route released
Tour Down Under organisers have released details of next years cycling event- with Clare to get a stage for the first time. ...
Court fines Patrick- DP World $1.9m each
The Federal Court has agreed that Patrick Stevedores and DP World pay a fine of $1.9 million each for an arrangement that may have 'lessened competition'. ...
Vehicle market shows signs of recovery
The federal government says a strong rebound in new car sales in June shows the government's targeted investment incentives are working. ...
BHP offloads Yabulu nickel factory
BHP Billiton Ltd will sell its Yabulu nickel refinery in Queensland for an undisclosed sum and will book $US675 million $A853.5m in writedowns on the sale. ...
Tour Down Under route released
Tour Down Under organisers have released details of next years cycling event- with Clare to get a stage for the first time. ...
Tour Down Under route released
Tour Down Under organisers have released details of next years cycling event- with the Clare Valley to get a stage for the first time. ...
Buffett gives $A1.5 billion to charity
US billionaire Warren Buffett has donated $US1.25 billion $A1.58 billion in Berkshire Hathaway Inc stock to the Bill -amp Melinda Gates Foundation. ...
Victor Smorgon dead at the age of 96
Victor Smorgon- one of Australia's most successful entrepreneurs and the former head of one of the country's most diverse industrial groups- has died. ...
Oil falls towards $66 after bleak U.S. jobs data
PERTH- July 3 - Oil fell towards $66 a barrel on Friday as high jobless numbers across the U.S. and Europe revived concerns about the global economic outlook and its impact on energy demand. ...
Federal stimulus prompts car sale surge
Last month was the third highest month on record for vehicle sales as business buyers got in to claim investment tax breaks. ...
BSA unsure of Hedley creditor numbers
The Building Services Authority BSA says it is not yet clear how many creditors have been affected by the collapse of Hedley Constructions. ...
Aussie dlr recovers from lows bonds off highs
AUSTRALIAN CREDIT-FOREXSNAPSHOT FOREIGN EXCHANGE AT 0230 GMTagainst previous Sydney close AUD 0.7961-640.8045-47 AUDNZDR1.2634-501.2578-91 AUDJPYR 76.34-39 77 ...
Vehicle market shows signs of recovery
New car and truck sales topped 100-000 in June as the Australian vehicle market showed tentative signs of recovery. ...
Gunns moves on timber rival
The Tasmanian timber company Gunns has made a large investment in its rival- Forest Enterprises Australia. ...
Palmer buys Townsville BHP refinery
The Yabulu nickel refinery in Townsville in north Queensland has been sold to mining magnate Clive Palmer. ...
Tour Down Under route released
Tour Down Under organisers have released details of next years event- with the Clare Valley receiving a stage for the first time. ...
Federal stimulus prompts car sale surge
Last month was the third highest month on record for vehicles sales as business buyers got in to claim investment tax breaks. ...
Federal stimulus prompts car sale surge
Last month was the third highest month on record for vehicles sales as business buyers got in to claim investment tax breaks. ...
Tour Down Under route released
Tour Down Under organisers have released details of next years event- with the Clare Valley receiving a stage for the first time. ...
Ethanol plant awaits 10pc mandate
The chairman of the Manildra Group- Dick Honan- says the Bomaderry ethanol plant will be able to produce half of New South Wales ethanol needs when a 10 per cent ethanol mandate is implemented. ...
Obama deeply concerned about job figures
United States President Barack Obama says it is going to be a long road to recovery on the back of dire unemployment figures. ...
GM bankruptcy exit hearing closes
The fate of General Motors has been placed in the hands of a judge who must decide whether the US carmaker can execute a swift exit from bankruptcy protection. ...
Australia shares fall 1.5 pct resources drop
SYDNEY- July 3 - Australian stocks fell 1.5 percent on Friday- reflecting heavy losses in Europe and the U.S. after a steeper-than-expected slide in U.S. payrolls raised fresh doubts on the health of the global economy. ...
Services industry shows signs of life
The cash handouts from the Federal Government appear to have helped Australias services industry- with activity expanding for the first time in more than a year. ...
Emergent Resources Limited ASX-EMG Announce A Share Placement Plan To Raise A $2.52 Million
Perth- Australia- July 3- 2009 - ABN Newswire - Emergent Resources Limited ASX-EMG is pleased to advise that it will undertake a placement of 6.3 million shares to professional and sophisticated investors in Australia at a placement price of A $0.40- to raise A $2.52 million. For every two shares placed the company will issue an attaching option exercisable by payment of 20 cents each on or before 30 September 2010. ...
Roo culls lead to tourism boycott calls
ACT tourism officials say they are concerned about a plan to boycott Canberras tourism industry over kangaroo culling. ...
Emergent Resources Limited ASX-EMG Enters Into Joint Venture With Chinese Group CMIC For Development Of Beyondie Iron Project
Perth- Australia- July 3- 2009 - ABN Newswire - Emergent Resources Limited ASX-EMG is pleased to advise that it has entered into a commercial inconfidence non-binding Memorandum of Understanding MOU with China Metallurgical Investment Co Ltd CMIC- a State Owned Enterprise SOE in the Peoples Republic of China PRC for the development of the Companys Beyondie Iron Project in Western Australias midwest iron ore region. ...
Palmer buys Townsville BHP refinery
BHP has sold its Yabulu nickel refinery in Townsville- in north Queensland- to mining magnate Clive Palmer. ...
Obama deeply concerned about job figures
United States President Barack Obama says it is going to be a long road to recovery on the back of dire unemployment figures. ...
Roo culls lead to tourism boycott calls
ACT tourism officials say they are concerned about a plan to boycott Canberras tourism industry over kangaroo culling. ...
Palmer buys Townsville BHP refinery
BHP has sold its Yabulu nickel refinery in Townsville- in north Queensland- to mining magnate Clive Palmer. ...
BHP offloads Yabulu nickel factory
BHP Billiton Ltd will sell its Yabulu nickel refinery in Queensland for an undisclosed sum and will book $US675 million $A853.5m in writedowns on the sale. ...
Palmer buys Townsville BHP refinery
BHP has confirmed the sale of its Yabulu nickel refinery in Townsville- in north Queensland- to mining magnate Clive Palmer. ...
Investors lighten Rios debt load
Rio Tinto says it has completed one of the worlds biggest rights issues now Australian shareholders have taken up almost 95 per cent of their entitlements to new shares. ...
BHP offloads Yabulu nickel factory
BHP Billiton Ltd will sell its Yabulu nickel refinery in Queensland for an undisclosed sum and will book $US675 million $A853.5m in writedowns on the sale. ...
Australia shares fall 1.9 pct on U.S. jobs gloom
SYDNEY- July 3 - Australian stocks fell 1.9 percent on Friday after a steeper-than-expected slide in U.S. payrolls led to hefty losses on Wall Street- raising fresh doubts on the health of the economy. ...
Milk price cut to farmers
A large buyer of South Australian milk has announced a sharp cut to the price it pays farmers for milk. ...
Yips Chemical Holdings Limited HKG-0408 Announces 2008-09 Annual Results
Hong Kong- China- July 3- 2009 - ABN Newswire - Yips Chemical Holdings Limited HKG-0408PINK-YIPCF -amp quotYips Chemical -amp quot or the -amp quotGroup -amp quot- one of the largest manufacturers of petrochemical products in China- announced its 2008-09 annual results for the year ended 31 March 2009.During the year under review- turnover of the Group reached another record high at HK $5-089-931-000- representing a year-on-year growth of 9. ...
Services sector expands in May
Rising confidence among consumers helped lift activity in the services sector to expand for the first time in 15 months- a survey says. ...
PO Valley Energy Limited ASX-PVE Commences Drilling Sillaro-2 Gas Production Well
Rome- Italy- July 3- 2009 - ABN Newswire - The Sillaro-2 production well- at PO Valley Energy Limiteds ASX-PVE Sillaro gas production field- was spudded today following mobilisation of the drilling equipment to the field.Italian-based Perazzoli Drilling- employing a 200 tonne capacity HH200 hydraulic rig- has been contracted for the Sillaro-2 well. ...
Shoppers in the dark on chemicals in fruit
The Greens are calling on the New South Wales Government to reinstate independent testing of chemical residues in fruit and vegetables because 2.5 per cent have higher levels than recommended. ...
Aussie near 2-wk lows bonds soar on U.S.jobs data
SYDNEY- July 3 - The Australian dollar was subdued near two-week lows on Friday as appetite for higher-yielding currencies and riskier assets took a beating after a bleak U.S. jobs report- while government bonds jumped on safe-haven inflows. ...
Shoppers in the dark on chemicals in fruit
The Greens are calling on the New South Wales Government to reinstate independent testing of chemical residues in fruit and vegetables because 2 to 3 per cent have higher levels than recommended. ...
Milk price cut to farmers
A large buyer of South Australian milk has announced a sharp cut to the price it pays farmers for milk. ...
Milk price cut to farmers
A large buyer of South Australian milk has announced a sharp cut to the price it pays farmers for milk. ...
Shoppers in the dark on chemicals in fruit
The Greens are calling on the New South Wales Government to reinstate independent testing of chemical residues in fruit and vegetables because 2 to 3 per cent have higher levels than recommended. ...
Red tape strangles fledgling laneway bars
Envious of Melbournes intimate laneway bars- both Sydney and Perth have brought in reforms aimed at fostering a more vibrant nightlife. ...
New power outage unexplained
More than 900 homes in South Australia are without power this morning. ...
Red tape strangling fledgling laneway bars
Envious of Melbournes intimate laneway bars- both Sydney and Perth have brought in reforms aimed at fostering a more vibrant nightlife. ...
New power outage unexplained
More than 900 homes in South Australia are without power this morning. ...
ExxonMobil funding climate sceptics
The worlds biggest oil company- ExxonMobil- has given hundreds of thousands of dollars to groups that continue to question the cause and effects of global warming. ...
Rio seeks subscribers for rights issue
Rio Tinto has requested a trading halt on its shares as it seeks subscribers for a shortfall in its Australian rights issue. ...
ExxonMobil funding climate sceptics
The worlds biggest oil company- ExxonMobil- has given hundreds of thousands of dollars to groups that continue to question the cause and effects of global warming. ...
Red tape strangling Sydneys fledgling laneway bars
Envious of Melbournes intimate laneway bars- both Sydney and Perth have brought in reforms aimed at fostering a more vibrant nightlife. ...
Australia shares seen lower on U.S. jobs gloom
The major U.S. indices fell as much as 2.9 percent after the latest jobs report showed employers cut 467-000 jobs in June- taking the unemployment rate to 9.5 percent ID-nN01210643. ...
ExxonMobil funding climate sceptics
The worlds biggest oil company- ExxonMobil- has given hundreds of thousands of dollars to groups that continue to question the cause and effects of global warming. ...
Dollar gains as US jobs report rattles markets
NEW YORK AFP - The dollar found fresh momentum Thursday after a disappointing US unemployment report sent shockwaves through financial markets- pushing investors to safe havens. ...
Territory- financiers reach agreement
Ailing iron ore miner Territory Resources Ltd has reached a standstill agreement with its financiers to allow it to restructure its $72 million debt. ...
Oil prices slide on weak US jobs report
Oil prices sank under $US67 a barrel on Thursday after weak jobs data quashed hopes of a speedy economic recovery in the United States. ...
Eurozone unemployment hits 10-year high
The unemployment rate in the 16 euro countries climbed to a 10-year high of 9.5 per cent in May as companies cut jobs to survive the worst post-war recession. ...
ECB keeps interest rate steady
The European Central Bank has kept its main interest rate steady at a record low of 1.0 per cent. ...
US unemployment rate hits 9.5
US employers shed 467-000 jobs in June- pushing the unemployment rate up 0.1 points to 9.5 per cent- the Labour Department reported. ...
Oil falls nearly 4 pct on weak U.S. economy
NEW YORK- July 2 - Swelling motor fuel stocks and a far-bigger-than-expected rise in U.S. unemployment drove oil down nearly four percent on Thursday to below $67 a barrel. ...
ExxonMobil funding climate sceptics
The worlds biggest oil company- ExxonMobil- is reported to be funding the work of climate change deniers. ...
Exxon Mobil funding climate sceptics
The worlds biggest oil company- Exxon Mobil- is reported to be funding the work of climate change deniers. ...
Boeing aircraft deliveries steady at 125 in quarter
CHICAGO AFP - Boeing Co. said Thursday it delivered 125 civilian aircraft in the second quarter- little changed from the 126 in the same period a year ago. ...
Oil falls below $67- focus on weak U.S. economy
LONDON- July 2 - Swelling gasoline stocks and a far-bigger-than-expected rise in U.S. unemployment drove oil markets down more than $2 Thursday to below $67 a barrel. ...
Oracle to cut up 1-000 jobs in Europe- unions
PARIS AFP - US software giant Oracle has unveiled plans to cut 850 to 1-000 jobs in Europe in light of weaker than expected growth projections- trade unions said Thursday. ...
COAG flags US-style fuel efficiency regulations
The State and Federal Governments are looking at imposing US-style fuel efficiency standards on Australias automotive industry. ...
Training treadmill- COAG scheme wont help jobless
The Federal Opposition says a plan to guarantee a training place for all retrenched workers will be useless for many unemployed. ...
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