China confident of overcoming economic difficulty- Wen
BEIJING AFP - Chinas Prime Minister Wen Jiabao expressed confidence in his governments ability to overcome the nations economic downturn- his cabinet said Sunday. ...
Rio investors urge BHP to make new bid
Investors have urged BHP Billiton to relaunch a takeover bid for mining rival Rio Tinto in a move to scupper Rio's deal with Chinalco- a UK newspaper report. ...
Japan to launch fresh stimulus package
TOKYO AFP - Japan is to launch a fresh stimulus package as the worlds second largest economy faces a sizeable contraction- a ruling party official and local media said. ...
Leighton boss says mining sector alive and well
The head of construction company Leighton Holdings says he thinks any speculation about declines in the mining industry are over-exaggerated. ...
Chinaclo deal not the first option- Rio
Rio Tinto landmark alliance with China's Chinalco was not always the frontrunner deal- managing director strategy Doug Ritchie says. ...
Stocks set to open week softer
The Australian share market is expected to open lower on Monday after a one per cent fall on Wall Street on Friday following concerns about US Banks. ...
In defence of bonuses- experts warn on banker pay caps
LONDON AFP - From Britain to the United States and France- political leaders are clamping down on the bankers bonus culture they say helped cause the credit crunch - but some experts warn this could be counterproductive. ...
Russia vs the market in battle of the ruble
MOSCOW AFP - Its a game requiring nerves of steel- strategic planning and the possession of huge financial reserves. ...
Mining industry alive and well- Leighton
Suggestions that the mining industry is declining is -amp quotover-exaggerated -amp quot- chief executive of construction company Leighton Holdings Ltd Wal King says. ...
Verve Energy executive pay rise draws ire
The State Government is under fire for approving a 12.5 pay rise for Verve Energys Managing Director. ...
Calls for urgent bridge upgrade on Cape York
There is anger in Queenslands far north over the lack of adequate bridge crossings on Cape York Peninsular. ...
Victoria River Bridge still closed
The Victoria River Bridge- 200 kilometres west of Katherine- is still closed to traffic. ...
NT Govt holds summit on stimulus funds
The Northern Territory Government is holding a business summit today to discuss how it plans to spend the NTs share of the federal economic stimulus package. ...
Executive pay rise draws ire
The State Government is under fire for approving a 12.5 pay rise for Verve Energys Managing Director. ...
Tourism Qld overwhelmed with Best Job applications
Tourism Queensland has had to put on extra staff to help sort through the applications for its Best Job in the World campaign. ...
ECB chief wont rule out special monetary measures
ROME AFP - The head of the European Central Bank said on Saturday he would not rule out further exceptional monetary moves to ease the lending crisis afflicting the eurozone. ...
Merkel slams bonuses at bailed out banks- report
BERLIN AFP - German Chancellor Angela Merkel hit out at banks that have doled out bonuses to executives despite having received government aid to weather the global financial crisis. ...
VW chief warns of French auto protectionism
BERLIN AFP - The head of Germanys Volkswagen- Europes leading automaker- expressed concern in an interview released Saturday that Frances auto bailout was a form of protectionism and hurts the industry. ...
French banks expected to merge February 26- source
PARIS AFP - French banks Caisse dEpargne and Banque Populaire are expected to announce a merger to form the countrys second biggest bank on February 26- a source close to the talks said Saturday. ...
Cant complain about handling crisis of century- Sarkozy
VAL DISERE- France AFP - French President Nicolas Sarkozy said Saturday he could not complain about having to deal with the economic downturn- which he called -amp quotthe crisis of the century. -amp quot ...
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