Housing affordability on the rise in Tas
The housing industry has reported a substantial improvement in housing affordability in Tasmania. ...
Mon 16th February 2009 - 11:31pm
Housing affordability at a five-year best
The Reserve Banks massive rate cuts over the last eight months now mean that mortgage rates in Australia are at their lowest level in 40 years. ...
Mon 16th February 2009 - 10:12pm
Fujitsu Launches WiMAX Baseband LSI for Mobile PCs
Tokyo- Feb 16- 2009 - JCN Newswire - Fujitsu Microelectronics Limited today announced the launch of a Mobile WiMAX1 baseband LSI2 targeted for the expanding mobile PC market. The new LSI features an approximate 60 size reduction compared to Fujitsu Microelectronics previous Mobile WiMAX baseband LSI for mobile PCs. Samples of this new LSI- MB86K23- will start shipping from April 2009. ...
Mon 16th February 2009 - 09:49pm
YAPPA Introduces Developer Website Featuring SpinUI Graphic Effects Library
San Diego- Feb 16- 2009 - JCN Newswire - YAPPA Corporation- a leading company in graphic rendering and user interface development- today announced at the Mobile World Congress the launch of spinui.com- a developer website featuring YAPPAs graphic effects library- SpinUI. ...
Mon 16th February 2009 - 08:53pm
BMW cuts 850 staff in UK
BMW has become the latest car manufacturer to sack hundreds of workers in the United Kingdom. ...
Mon 16th February 2009 - 08:42pm
BMW says to axe 850 Mini jobs in Britain
LONDON- AFP - German automaker BMW said on Monday that it would shed 850 workers at its plant in Cowley- England- where it makes the Mini- as the global economic slowdown hits demand for the iconic car. ...
Mon 16th February 2009 - 07:59pm
First home buyers driving housing market- REIQ
The Real Estate Institute of Queensland REIQ says there has been a large rise in the sale of houses in the lower end of the market. ...
Mon 16th February 2009 - 07:48pm
First home buyers driving housing market- REIQ
The Real Estate Institute of Queensland REIQ says there has been a large rise in the sale of houses in the lower end of the market. ...
Mon 16th February 2009 - 07:47pm
Porsche trades give funds ammunition- report
FRANKFURT- Germany- AFP - Hedge funds have gained ammunition for complaints against German sports car maker Porsche after it said it made almost 400 million euros 514 million dollars in bets on German blue-chip stocks- a press report said on Monday. ...
Mon 16th February 2009 - 07:26pm
FDI in China down 32.6 percent in Jan- govt
BEIJING AFP - Foreign direct investment in China fell 32. ...
Mon 16th February 2009 - 07:21pm
Fisher -amp Paykel not ruling out job cuts
Fisher and Paykel Appliances expects its net profit to fall by as much as 54 per cent amid a drastic tightening of overseas markets. ...
Mon 16th February 2009 - 07:12pm
Virgin Blue may 'ground' discount fares
Virgin Blue boss Brett Godfrey says discount fares could be grounded in a tough economy. ...
Mon 16th February 2009 - 06:39pm
Australian court fines Air France-KLM for price fixing
SYDNEY AFP - An Australian court has fined three Europe-based airlines a total of 16 million dollars 10.4 million US for price fixing- the countrys competition watchdog said Monday. ...
Mon 16th February 2009 - 06:24pm
Chinese firm launches $2.6b bid for OZ Minerals
A Chinese firm has launched a $2.6 billion all-cash takeover bid for all the shares in struggling miner OZ Minerals. ...
Mon 16th February 2009 - 06:18pm
330 lose their jobs with Norilsk Nickel closure
The worlds largest nickel miner- Norilsk Nickel- has announced it will shut down all of its Australian operations. ...
Mon 16th February 2009 - 06:16pm
330 lose their jobs with Norilsk Nickel closure
The worlds largest nickel miner- Norilsk Nickel- has announced it will shut down all of its Australian operations. ...
Mon 16th February 2009 - 06:14pm
Warning for SA industries over stimulus package
The South Australian Government has put industry on notice to act quickly or miss out on the States slice of the $42 billion federal stimulus package. ...
Mon 16th February 2009 - 06:12pm
Warning for SA industries over stimulus package
The South Australian Government has put industry on notice to act quickly or miss out on the States slice of the $42 billion federal stimulus package. ...
Mon 16th February 2009 - 06:11pm
Chinese firm launches $2.6b bid for OZ Minerals
A Chinese firm has launched a $2.6 billion all-cash takeover bid for all the shares in struggling miner OZ Minerals. ...
Mon 16th February 2009 - 05:59pm
Chinese firm launches $2.6b bid for OZ Minerals
A Chinese firm has launched a $2.6 billion all-cash takeover bid for all the shares in struggling miner OZ Minerals. ...
Mon 16th February 2009 - 05:52pm
Japan 'battered' by global downturn
Japan's economy contracted at the fastest pace in 35 years in the fourth quarter as a collapse in global demand drained life from the economy. ...
Mon 16th February 2009 - 05:51pm
Obama to set up auto task force instead of czar
WASHINGTON- AFP - The administration of US President Barack Obama will create an inter-agency task force on restructuring the troubled auto industry instead of naming a -amp quotcar czar -amp quot as was planned by the Bush administration- The Wall Street Journal reported late Sunday. ...
Mon 16th February 2009 - 05:46pm
Industrial stocks drag market down
The Australian share market closed lower with steep falls in the industrial sector as the Chinese manoeuvring in the local mining sector continues. ...
Mon 16th February 2009 - 05:45pm
Bleak future for paper mills
The future of Australian Papers two Tasmanian paper making plants is under a cloud. ...
Mon 16th February 2009 - 05:43pm
Australian court fines Air France- KLM for price fixing
SYDNEY AFP - An Australian court has fined three Europe-based airlines a total of 16 million dollars 10.4 million US for price fixing- the countrys competition watchdog said Monday. ...
Mon 16th February 2009 - 05:41pm
Qantas to increase A380 UK- UK service
Qantas will increase its Airbus A380 super jumbo services from Australia to the UK and US from June. ...
Mon 16th February 2009 - 05:36pm
Fisher -amp Paykel not ruling out job cuts
Fisher and Paykel Appliances expects its net profit to fall by as much as 54 per cent amid a drastic tightening of overseas markets. ...
Mon 16th February 2009 - 05:33pm
Austin Engineering H1 profit up 75
Austin Engineering Ltd has delivered a 75 per cent increase in first half profit and says it is keen to pursue more acquisitions. ...
Mon 16th February 2009 - 05:31pm
Bendigo Bank's H1 net profit declines
Bendigo and Adelaide Bank Ltd has reported a 16.9 per cent fall in first half net profit. ...
Mon 16th February 2009 - 05:28pm
AHG remains cautious after $1.8m H1 loss
Automotive Holdings Group Ltd AHG says it remains cautious about general trading conditions- after the economic downturn hurt car sales. ...
Mon 16th February 2009 - 05:27pm
Chinese firm launches $2.6b bid for OZ Minerals
A Chinese firm has launched a $2.6 billion all-cash takeover bid for all the shares in struggling miner OZ Minerals. ...
Mon 16th February 2009 - 05:25pm
ACT housing affordability improves 43pc
Houses in the ACT are more affordable now than at any time in the last five years. ...
Mon 16th February 2009 - 05:24pm
Challenger ups forecast on AXA takeover
Challenger has increased its first half normalised profit by four per cent and has raised forecast earnings- following its takeover of the AXA portfolio. ...
Mon 16th February 2009 - 05:16pm
Futuris reports first half loss
Futuris Corporation Ltd is -amp quotcomfortable -amp quot with expectations for a fall in its annual earnings of up to 53.7 per cent- after reporting a first half loss. ...
Mon 16th February 2009 - 05:13pm
Australia shares fall 1.2 pct on earnings gloom
SYDNEY- Feb 16 - Australian stocks ended down 1.2 percent on Monday- with sentiment hurt by ongoing financial sector worries and weak earnings reports from companies including pallet supplier Brambles BXB. ...
Mon 16th February 2009 - 05:11pm
Crane flags job cuts after profit fall
Crane Group has flagged further job cuts and forecast tough trading conditions over the next six months after delivering a 15.7 per cent fall in H1 profit. ...
Mon 16th February 2009 - 04:57pm
Futuris book H1 net loss of $329m
Futuris Corporation Ltd is -amp quotcomfortable -amp quot with expectations for a fall in its annual earnings of up to 53.7 per cent- after reporting a first half loss. ...
Mon 16th February 2009 - 04:55pm
Wesfarmers says Coles weathers downturn
Wesfarmers has posted a jump in first half net profit as its Coles turnaround gathers pace but warns the economic crisis will challenge most of its businesses. ...
Mon 16th February 2009 - 04:54pm
OZ recommends $2.6b Minmetals takeover
Debt-laden copper and gold producer OZ Minerals Ltd has recommended a $2.6 billion takeover offer from China Minmetals Non-ferrous Metals Company Ltd. ...
Mon 16th February 2009 - 04:49pm
Petrol prices 'should stabilise soon'
Petrol prices are likely to stabilise after a rapid rise during the past five weeks- but they are unlikely to return to $1 a litre anytime soon- an expert says. ...
Mon 16th February 2009 - 04:47pm
Personal borrowing at highest level in 6 months
Personal borrowing has posted its biggest rise in six months as consumers took advantage of lower interest rates to refinance existing loans. ...
Mon 16th February 2009 - 04:40pm
ACT Govt hopes to stabilise economy- building industry
ACT Chief Minister Jon Stanhope says the Governments third appropriations bill will help stabilise the Territorys economy. ...
Mon 16th February 2009 - 04:32pm
ACT Govt hopes to stabilise economy- building industry
ACT Chief Minister Jon Stanhope says the Governments third appropriations bill will help stabilise the Territorys economy. ...
Mon 16th February 2009 - 04:31pm
Wesfarmers post 46 per cent profit jump
Wesfarmers has become the latest large Australian company to slash its interim dividend payment to shareholders. ...
Mon 16th February 2009 - 04:30pm
Brambles to cut 750 jobs as crisis hits
Brambles Ltd will cut 750 jobs and scrap nearly nine per cent of its pallet stock as it seeks to weather the recession in its key US and Europe markets. ...
Mon 16th February 2009 - 04:28pm
$A October hit 'due to investor selling'
The Australian dollar was hit last October as investors moved to rebalance international portfolios during the peak of the financial crisis- the RBA says. ...
Mon 16th February 2009 - 04:27pm
Crane hire company cuts workforce
Crane hire company Boom Logistics is axing 31 jobs in Victoria- in a bid to turn around the bottom line of its Melbourne mobile crane business. ...
Mon 16th February 2009 - 04:26pm
Petrol prices at 2-month high
The price of petrol continues to increase and has now hit a two-month high. ...
Mon 16th February 2009 - 04:23pm
Airlines to pay $16m for price-fixing
The Federal Court has ordered four international airlines to pay a total of $16 million for their part in an international air cargo cartel. ...
Mon 16th February 2009 - 04:22pm
Qantas to increase A380 UK- UK service
Qantas will increase its Airbus A380 super jumbo services from Australia to the UK and US from June. ...
Mon 16th February 2009 - 04:20pm
Australia shares fall 1.2- hurt by earnings gloom
SYDNEY- Feb 16 - Australian stocks ended down 1.2 percent on Monday- with sentiment hurt by ongoing financial sector worries and some weak company earnings reports. ...
Mon 16th February 2009 - 04:20pm
Obama trying to cut US home foreclosures
President Barack Obama will head west this week in a bid to cure America's epidemic of home foreclosures after his economic stimulus plan cleared Congress. ...
Mon 16th February 2009 - 04:18pm
Asian Markets Overview of February 16
Sydney- Australia- Feb 16- 2009 - ABN Newswire - Asian major indexes were higher Friday after a late-day recovery in the U.S. market. Japans Nikkei 225 closed up 0.96- while Koreas Kospi ended 0.5 higher. Shanghai Composite surged 3 to over 2300 points- Hong Kongs Hang Seng Index added 2.47 and Taiwans main index up 2.1. ...
Mon 16th February 2009 - 03:58pm
Virgin Blue may 'ground' discount fares
Virgin Blue boss Brett Godfrey says discount fares could be grounded in a tough economy. ...
Mon 16th February 2009 - 03:57pm
Crane flags job cuts after profit fall
Crane Group has flagged further job cuts and forecast tough trading conditions over the next six months after delivering a 15.7 per cent fall in H1 profit. ...
Mon 16th February 2009 - 03:50pm
Japan 'battered' by global downturn
Japan's economy contracted at the fastest pace in 35 years in the fourth quarter as a collapse in global demand drained life from the economy. ...
Mon 16th February 2009 - 03:48pm
Petrol prices 'should stabilise soon'
Petrol prices are likely to stabilise after a rapid rise during the past five weeks- but they are unlikely to return to $1 a litre anytime soon- an expert says. ...
Mon 16th February 2009 - 03:34pm
Australia shares fall 1.4 pct Transpacific dives
SYDNEY- Feb 16 - Australian stocks fell 1.4 percent on Monday- held down by the countrys top banks on global financial sector worries- and with port operator Asciano AIO and Transpacific Industries TPI taking big hits. ...
Mon 16th February 2009 - 03:24pm
Homes most affordable in five years- HIA
The Housing Industry Association HIA says homes are at their most affordable in five years for first home buyers. ...
Mon 16th February 2009 - 03:19pm
Wesfarmers says Coles weathers downturn
Wesfarmers Ltd has reported a 46 percent rise in net profit saying its businesses have weathered the global crisis and the Coles turnaround is gathering pace. ...
Mon 16th February 2009 - 02:59pm
Obama trying to cut US home foreclosures
President Barack Obama will head west this week in a bit to cure America's epidemic of home foreclosures after his economic stimulus plan cleared Congress. ...
Mon 16th February 2009 - 02:47pm
Research aims to prolong oil reserves
An international research team is looking at tapping into more oil and gas stored in rocks underground. ...
Mon 16th February 2009 - 02:36pm
Wesfarmers says Coles weathers downturn
Wesfarmers Ltd has reported a 46 percent rise in net profit saying its businesses have weathered the global crisis and the Coles turnaround is gathering pace. ...
Mon 16th February 2009 - 02:29pm
Personal borrowing levels post rise
Personal borrowing has posted its biggest rise in six months as consumers took advantage of lower interest rates to refinance existing loans. ...
Mon 16th February 2009 - 02:28pm
Brambles to cut staff after posting profit drop
The worlds top supplier of pallets- Brambles- will reduce its global workforce by 6 per cent this year and scrap an extra 7 million pallets in the United States- to try to improve its bottom line. ...
Mon 16th February 2009 - 02:25pm
Austereo expects tight conditions in H2
Austereo Group says it expects conditions in the industry to be tight in the second half of the financial year after it delivered a flat first half profit. ...
Mon 16th February 2009 - 02:11pm
Austin Engineering H1 profit up 75
Austin Engineering Ltd has delivered a 75 per cent increase in first half profit and says it is keen to pursue more acquisitions. ...
Mon 16th February 2009 - 01:59pm
Resource firm wants break for investors
Auzex Resources is calling on the federal government to give a tax break to investors in mining exploration. ...
Mon 16th February 2009 - 01:52pm
Exoma Energy Limited ASX-EXE Sale Of U.S. Oil -amp Gas Assets For US $2.550 Million Cash
Perth- Australia- Feb 16- 2009 - ABN Newswire - Exoma Energy Limited ASX-EXE has received and accepted- subject to shareholder approval- a conditional offer from Innex California Inc. -amp quotInnex -amp quot to purchase the Companys entire U.S. oil and gas production and exploration asset portfolio for a total consideration of US $2-550-000. ...
Mon 16th February 2009 - 01:47pm
Marion Energy Limited ASX-MAE Announces Completion Of Strategic Review Goldman Sacs Retained To Seek Buyers For Company-Assets
Melbourne- Australia- Feb 16- 2009 - ABN Newswire - Marion Energy Limited ASX-MAEPINK-MAEJF announces completion of Strategic Review and retains Goldman Sachs -amp amp Co to seek global buyers for the Company and-or its assets either in whole or in part.The Board of Marion Energy Limited ASX- ...
Mon 16th February 2009 - 01:46pm
-amp 39Homes most affordable in five years'
The Australian dream of owning a home is more affordable now than it has been for five years following lower interest rates- a report says. ...
Mon 16th February 2009 - 01:31pm
AHG remains cautious after $1.8m H1 loss
Automotive Holdings Group Ltd AHG says it remains cautious about general trading conditions- after the economic downturn hurt car sales. ...
Mon 16th February 2009 - 01:29pm
Sydney metro project now officially underway
The New South Wales Government has today begun the process of constructing Sydneys CBD metro. ...
Mon 16th February 2009 - 01:26pm
Choice slams banks over double-whammy ATM fees
Consumer group Choice has lashed out at the major banks over their decision to slug customers with an extra charge when they use a rival banks ATM. ...
Mon 16th February 2009 - 01:25pm
Australian Market Report of February 16- Not About A Quick Recovery
Sydney- Australia- Feb 16- 2009 - ABN Newswire - US Stocks finished more than 1 lower on Friday and ended the trading with a weekly decline of 5.2 per cent as investors are sceptical about the effectiveness of a US stimulus plan and hit by more gloomy economic news.Last Friday Australian shares ended higher- capping a winning week after reports that the US government was working on a program to help troubled US home owners. ...
Mon 16th February 2009 - 01:19pm
Japan 'battered' by global downturn
Japan faces the worst economic crisis since World War II- its economics minister warns- after data showed the economy shrank at the fastest pace in 35 years. ...
Mon 16th February 2009 - 01:16pm
Banks drag market lower
Disappointing corporate earnings and falls in banking stocks have dragged the Australian share market lower today. ...
Mon 16th February 2009 - 01:15pm
Japans economic crisis worst since WWII- minister
Japan faces the worst economic crisis since World War II- its economics minister warned today- after data showed Asias biggest economy shrank at the fastest pace in 35 years in the fourth quarter of 2008. ...
Mon 16th February 2009 - 01:13pm
Aussie dlr weak amid economic gloom Japan drags
AUSTRALIAN CREDIT-FOREXSNAPSHOT FOREIGN EXCHANGE AT 0127 GMTagainst previous Sydney close AUD 0.6520-220.6572-77 AUDNZDR1.2508-241.2543-61 AUDJPYR 59.76-82 59 ...
Mon 16th February 2009 - 12:58pm
Heads up for school funding
Tasmanias Premier and Education Minister David Bartlett has called a meeting with State school principals to outline future funding. ...
Mon 16th February 2009 - 12:47pm
Australia shares fall 0.8 pct oil producers gain
SYDNEY- Feb 16 - Australian stocks fell 0.8 percent on Monday- held down by the countrys largest banks after banking shares on Wall Street fell on Friday- but oil producers gained from strong oil prices. ...
Mon 16th February 2009 - 12:46pm
U.S. oil hovers above $37- market seeks directions
PERTH- Feb 16 - U.S. oil steadied at above $37 a barrel on Monday- pausing from last sessions 10 percent rally- as investors took profits and sought further directions ahead of the signing of a U.S. stimulus package this week. ...
Mon 16th February 2009 - 12:41pm
Wesfarmers to slash interim dividends
Wesfarmers has become the latest large Australian company to slash its interim dividend payment to shareholders. ...
Mon 16th February 2009 - 12:34pm
Wesfarmers says Coles weathers downturn
Wesfarmers Ltd has reported a 46 percent rise in net profit saying its businesses have weathered the global crisis and the Coles turnaround is gathering pace. ...
Mon 16th February 2009 - 12:18pm
SP AusNet shares fall on bushfire action
SP AusNet Ltd have dropped more than 13 per cent after a class action was launched against the company in relation to the Victorian bushfires. ...
Mon 16th February 2009 - 12:17pm
Futuris book H1 net loss of $329m
Futuris Corporation Ltd says it is -amp quotcomfortable -amp quot with market expectations it will report an underlying profit for the full 2009 financial year. ...
Mon 16th February 2009 - 12:14pm
Wesfarmers post 46 per cent profit jump
Wesfarmers has become the latest large Australian company to slash its interim dividend payment to shareholders. ...
Mon 16th February 2009 - 11:59am
Austereo first half year profit is flat
Commercial radio broadcaster Austereo Group Ltd has reported a flat first half profit and says it expects conditions in the industry to be tight. ...
Mon 16th February 2009 - 11:56am
Big cruise ship sails in
A cruise liner about twice the height of Adelaides tallest building has docked at Outer Harbour in Adelaide. ...
Mon 16th February 2009 - 11:42am
Japan's economy shrinks
Japan's economy shrank at an annualised pace of 12.7 per cent in the fourth quarter of 2008 - its worst performance since 1974 - as the recession deepened. ...
Mon 16th February 2009 - 11:40am
Wesfarmers post 46 per cent profit jump
Wesfarmers has become the latest large Australian company to slash its interim dividend payment to shareholders.Wesfarmers owns Bunnings and Coles and has reported a 46 per cent increase in first-half ...
Mon 16th February 2009 - 11:35am
Wesfarmers says Coles weathers downturn
Wesfarmers Ltd has reported a 46 percent rise in net profit saying its businesses have weathered the global crisis and the Coles turnaround is gathering pace. ...
Mon 16th February 2009 - 11:32am
Brambles to cut 750 jobs as crisis hits
Pallet supplier Brambles Ltd is to cut about 750 staff in the year ahead after the United States recession saw its first half net profit fall 28 per cent. ...
Mon 16th February 2009 - 11:31am
Australia shares fall on banks- company results
SYDNEY- Feb 16 - Australian stocks fell 1.1 percent on Monday- pulled down by the countrys largest banks after banking shares on Wall Street fell on Friday- though Wesfarmers Ltd WES gained on upbeat results. ...
Mon 16th February 2009 - 11:24am
Local companies our priority- NT Govt
The Northern Territory Chief Minister says priority will be given to local companies to win jobs created by the Federal Governments economic stimulus package. ...
Mon 16th February 2009 - 11:23am
Local companies our priority- NT Govt
The Northern Territory Chief Minister says priority will be given to local companies to win jobs created by the Federal Governments economic stimulus package. ...
Mon 16th February 2009 - 11:21am
NYMEX-Crude rises towards $38 on U.S. stimulus hopes
PERTH- Feb 16 - U.S. crude futures rose towards $38 a barrel on Monday- extending the previous sessions 10 percent gain- buoyed by hopes that the U.S. economic stimulus package could help revive the worlds largest economy. ...
Mon 16th February 2009 - 11:18am
Bendigo Bank's H1 net profit declines
Bendigo and Adelaide Bank Ltd has reported a 16.9 per cent fall in first half net profit. ...
Mon 16th February 2009 - 10:49am
AAC in trading halt pending announcement
Australian Agricultural Company Ltd is in a trading halt pending the announcement of corporate action. ...
Mon 16th February 2009 - 10:48am
Brambles reports 28 H1 profit fall
Logistics and data storage provider Brambles Ltd has delivered a 28 per cent fall in half year profit. ...
Mon 16th February 2009 - 10:47am
Challenger reports $107.9m net loss
Challenger Financial Services Group Ltd has reported a $107.9 million net loss for the first half after suffering declines in the value of its investments. ...
Mon 16th February 2009 - 10:46am
Brambles profits down 28pc
Pallet supplier Brambles has reported a 28 per cent fall in first-half profit. ...
Mon 16th February 2009 - 10:46am
Virgin flight forced to make emergency landing
A virgin flight en route from Townsville to Brisbane was forced to make an emergency landing in Mackay- in north Queensland- yesterday. ...
Mon 16th February 2009 - 10:27am
Australia shares fall 1.4 percent- banks down
SYDNEY- Feb 16 - Australian stocks fell 1.4 percent on Monday- pulled down by the countrys largest banks after banking shares on Wall Street fell on Friday- as investors braced for a busy week of corporate earnings. ...
Mon 16th February 2009 - 10:14am
Aussie dollar slips ahead of Japan GDP bonds drop
SYDNEY- Feb 16 - The Australian dollar was defensive on Monday ahead of the release of Japans gross domestic product report- which will likely show a steep contraction in the worlds second-biggest economy. ...
Mon 16th February 2009 - 09:58am
Challenger reports $107.9m net loss
Challenger Financial Services Group Ltd has reported a $107.9 million net loss for the first half after suffering declines in the value of its investments. ...
Mon 16th February 2009 - 09:41am
Lawyers mull class action over Wimmera blaze
Lawyers say a negligence claim could be launched following this months bushfire in Victorias Wimmera region. ...
Mon 16th February 2009 - 09:30am
South Asias biggest airshow ends in India
BANGALORE- India AFP - South Asias biggest airshow ended here Sunday with armament and aviation firms from 25 countries hoping to win multi-billion dollar contracts from Indias weapons-hungry military. ...
Mon 16th February 2009 - 09:27am
Futuris book H1 net loss of $329m
Futuris Corporation Ltd says it is -amp quotcomfortable -amp quot with expectations that Futuris will report an underlying profit for the 2009 full financial year. ...
Mon 16th February 2009 - 09:26am
Jetstar could add fourth airline to NZ
A price war on New Zealand's main domestic airline routes is likely- with Australian budget airline Jetstar set to announce plans to join the market. ...
Mon 16th February 2009 - 09:24am
Futuris book H1 net loss of $329m
Futuris Corporation Ltd says it is -amp quotcomfortable -amp quot with expectations that Futuris will report an underlying profit for the 2009 full financial year. ...
Mon 16th February 2009 - 09:14am
Austereo first half year profit is flat
Commercial radio broadcaster Austereo Group Ltd has reported a flat first half profit and says it expects conditions in the industry to be tight. ...
Mon 16th February 2009 - 09:11am
Verve Energy executive pay rise draws ire
The State Government is under fire for approving a 12.5 per cent pay rise for Verve Energys Managing Director. ...
Mon 16th February 2009 - 08:44am
Japanese economy to shrink by 10pc
Japan is set to launch a fresh stimulus package- as economic figures out later today are expected to show the worlds second largest economy has contracted by 10 per cent. ...
Mon 16th February 2009 - 08:39am
Fisher -amp Paykel predict profit fall
Fisher and Paykel Appliances expects its net profit to fall by as much as 54 per cent amid a drastic tightening of overseas markets. ...
Mon 16th February 2009 - 08:35am
Flooding forces copper mine stand-down
Mineworkers have been stood down until further notice at a copper mine in north-west Queensland because of record rainfall and flooding at the site. ...
Mon 16th February 2009 - 08:33am
Australia shares to slide eyes on earnings rush
March share price index SPI futures YAPcm1 eased 22 points or 0.6 percent to settle at 3-495- a 64.1-point discount to the underlying benchmark S -amp ampP-ASX 200 indexs JO close on Friday. ...
Mon 16th February 2009 - 08:12am
Chancellor Merkel seeks control of bank
Chancellor Angela Merkel said the state would have to take control of the badly hit bank Hypo Real Estate HRE as Aareal obtains billions of euros in aid. ...
Mon 16th February 2009 - 07:45am
RBS considers massive job cuts- report
Royal Bank of Scotland is considering a cost-cutting program that could reduce its workforce by 20-000 people- the Sunday Times reports. ...
Mon 16th February 2009 - 07:33am
Jetstar could add fourth airline to NZ
A price war on New Zealand's main domestic airline routes is likely- with Australian budget airline Jetstar set to announce plans to join the market. ...
Mon 16th February 2009 - 07:29am
Big cruise ship sails in
A cruise liner twice as high as Adelaides tallest building docks at Outer Harbour in Adelaide this morning. ...
Mon 16th February 2009 - 07:20am
OPEC willing to cut oil output
A senior Qatari energy official says OPEC is watching the oil market closely and stands ready to cut output further when it meets next month. ...
Mon 16th February 2009 - 06:23am
Medvedev tries to calm fears over crisis
President Dmitry Medvedev has reassured Russians that steps will be taken to fight rising unemployment as the nation prepares for a prolonged economic slowdown. ...
Mon 16th February 2009 - 05:43am
Belgium- BNP Paribas to meet Monday on Fortis
BRUSSELS AFP - The Belgian government will meet Monday with executives of BNP Paribas to try to find a way forward for troubled Belgian bank Fortis- Finance Minister Didier Reynders said Sunday. ...
Mon 16th February 2009 - 12:45am
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