Thai Airways posts $918m loss
The national airline of Thailand- Thai Airways- has posted a loss of more than $900 million - its first annual loss in 43 years. ...
Pacific Brands may benefit from Federal refund
Manufacturer Pacific Brands may be about to get millions of dollars in Federal Government grants- just days after it axed 1-800 jobs across Australia. ...
US economy shrinks stunning 6.2
The US economy contracted at a staggering 6.2 per cent pace at the end of 2008- the worst showing in a quarter of a century. ...
SA takes out three national tourism awards
South Australia won three awards at the national tourism awards in Melbourne on Friday night. ...
ASEAN trade agreement to give producers confidence
The National Farmers Federation NFF says Australias new free trade deal with its ASEAN neighbours will encourage producers to strengthen overseas ties. ...
Charity collects tools for fire-affected tradies
In yet another example of the many ways people are helping the victims of the Victorian bushfires- a group has started finding replacement tools for people who have lost their means of making a living. ...
Charity collects tools for fire-affected tradies
In yet another example of the many ways people are helping the victims of the Victorian bushfires- a group has started finding replacement tools for people who have lost their means of making a living. ...
Charity collects tools for fire-affected tradies
In yet another example of the many ways people are helping the victims of the Victorian bushfires- a group has started finding replacement tools for people who have lost their means of making a living. ...
Mexicos Pemex declares 7 bln dollar loss
MEXICO CITY AFP - Mexican national oil company Pemex has announced a loss of more than seven billion dollars in 2008- a sixfold increase over the previous year- a company spokesman said. ...
Grills lawyers to review transcripts
Lawyers for the lobbyist Julian Grill says they will be reviewing transcripts from the Corruption and Crime Commission hearings after charges against a property developer accused of giving false testimony were dismissed. ...
Grills lawyers to review transcripts
Lawyers for the lobbyist Julian Grill says they will be reviewing transcripts from the Corruption and Crime Commission hearings after charges against a property developer accused of giving false testimony were dismissed. ...
Executive pay shouldnt be regulated- ACCI
The Australian Chamber of Commerce and Industry is cautioning its members to be aware of community expectations when setting management wages in the wake of the Pacific Brands row. ...
Executive pay shouldnt be regulated- ACCI
The Australian Chamber of Commerce and Industry is cautioning its members to be aware of community expectations when setting management wages in the wake of the Pacific Brands row. ...
Executive pay shouldnt be regulated- says ACCI
The Australian Chamber of Commerce and Industry ACCI is cautioning its members to be aware of community expectations when setting management wages. ...
Denmark- Finland officially in recession
Denmark and Finland officially joined the ranks of recession-hit countries on Friday with the release of figures showing their economies contracting. ...
Companies prepare for possible cyclone
Oil and gas companies in Western Australias North-West have suspended operations as they prepare for a possible cyclone. ...
Australia Zoo takes out best tourist attraction honour
Australia Zoo has been named the countrys top tourist attraction. ...
Blow to corruption watchdog
In another blow for WAs Corruption and Crime Commission CCC charges against a property developer accused of giving false evidence during an inquiry have been dismissed. ...
ASEAN leaders discuss economy- rights
Leaders from the Association of South-East Asian Nations ASEAN are gathering in Thailand for their annual summit amid economic and human rights concerns. ...
ASEAN leaders discuss economy- rights
Leaders from the Association of South-East Asian Nations ASEAN are gathering in Thailand for their annual summit amid economic and human rights concerns. ...
Chilean copper producer reports sharp earnings drop
SANTIAGO AFP - The worlds largest copper producer reported Friday a more than 40 percent drop in earnings in 2008 due to rising costs- declining production and a sharp fall in the metals price from record highs. ...
Abbott calls for regulation change over executive pays
The Federal Opposition is calling for the Government to change regulations to give shareholders more control over executive salaries. ...
US economy suffers sharp nosedive
The United States economy has suffered a sharp nosedive- shrinking much more than previously estimated. ...
US firm set to buy Waterford Wedgwood
Administrators for collapsed china and glassware maker Waterford Wedgwood said an American private equity firm has agreed on a deal to buy the company. ...
Abbott calls for regulation change over executive pays
The Federal Opposition is calling for the Government to change regulations to give shareholders more control over executive salaries. ...
US sets emergency fee on banks to build reserves
WASHINGTON AFP - US bank regulators Friday imposed a temporary emergency fee on lenders to shore up deposit insurance reserves that have fallen dramatically amid a wave of failures. ...
Opel needs $A6.5b in aid- says GM
The head of car maker GM Europe said its Opel division needed 3.3 billion euros $A6.5 billion in aid to survive. ...
US economy shrinks at record pace
The US economy contracted at a staggering 6.2 per cent pace at the end of 2008- the worst showing in a quarter of a century. ...
Citigroup reaches aid deal with US govt
The US govt will exchange up to $US25 billion in emergency bailout money it provided Citigroup for as much as a 36 per cent equity stake in the struggling bank. ...
US economy suffers sharp nosedive
The United States economy has suffered a sharp nosedive- shrinking much more than previously estimated. ...
Govt blamed for ex-RBS boss' pension
Britain's government was locked in a row on Friday over how it let the ex-boss of Royal Bank of Scotland RBS claim a massive pension. ...
Abbott calls for regulation change over executive pays
The Federal Opposition is calling for the Government to change regulations to give shareholders more control over executive salaries. ...
Waterford Wedgwood in sale to US firm- receiver
DUBLIN AFP - Part of Waterford Wedgwood Group- the Irish maker of crystal and pottery- is set to be bought by a US private equity firm- the Irish companys receiver said Friday. ...
Abbott calls for regulation change over executive pays
The Federal Opposition is calling for the Government to change regulations to give shareholders more control over executive salaries. ...
Abbott calls for regulation change over executive pays
The Federal Opposition is calling for the Government to change regulations to give shareholders more control over executive salaries. ...
Opel needs 3.3 bln euros in aid- GM Europe
FRANKFURT AFP - The head of General Motors Europe- Carl-Peter Forster- acknowledged Friday that its Opel division needed 3.3 billion euros 4.2 billion dollars in aid to survive. ...
Fortis bank says rescue talks extended
BRUSSELS AFP - The Belgian government has agreed with French bank BNP Paribas and Fortis Holding to take an extra week to reach agreement on the future of the rescued Belgian-Dutch bank group- Fortis said in a statement Friday. ...
Britains Lloyds bank logs record loss for HBOS unit
LONDON AFP - Britains partly-nationalised Lloyds Banking Group said Friday its HBOS unit made a record pre-tax loss of 10.8 billion pounds 12.1 billion euros- 15.4 billion dollars in 2008. ...
Court moves to freeze 4-200 firings at Brazils Embraer
SAO PAULO AFP - A regional court in Brazil on Friday temporarily froze aircraft-maker Embraers dismissal of 4-270 workers announced earlier this month- pending mediation between the unions and the corporation. ...
Opel needs 3.3 bln euros in aid- GM Europe
FRANKFURT AFP - The head of General Motors Europe- Carl-Peter Forster- acknowledged Friday that its Opel division needed 3.3 billion euros 4.2 billion dollars in aid to survive. ...
Iberia profits plunge 90 as crisis hits
MADRID AFP - Spanish airline Iberia - which is discussing a tie-up with British Airways - said on Friday that its 2008 net profit plunged 90 percent to 32 million euros 41 million dollars as the global economic crisis undercut demand. ...
US economy suffers sharp nosedive
The United States economy has suffered a sharp nosedive- shrinking much more than previously estimated. ...
US economy contracted 6.2pc at end 2008
The United States economy contracted more sharply in the fourth quarter that predicted. ...
US govt agrees to Citigroup deal
Citigroup says it has reached a deal that will give the US government a stake of up to 36 per cent in the struggling bank. ...
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