Canada sheds 82-600 jobs
MONTREAL AFP - Canada lost 82-600 jobs in February- sending unemployment rising 0.5 points to 7. ...
Fri 13th March 2009 - 11:47pm
Dollar hits two-week low versus yen
LONDON AFP - The dollar struck a two-week low versus the yen on Thursday as a slight improvement in confidence trimmed the US currencys attractiveness as a safehaven- traders said. ...
Fri 13th March 2009 - 11:18pm
Swiss banks to drop secrecy rules
The Swiss government says it will cooperate on cases of international tax evasion- breaking with a long-standing tradition of banking secrecy. ...
Fri 13th March 2009 - 10:57pm
IEA warns OPEC against oil output cut
PARIS AFP - The International Energy Agency warned OPEC on Friday against tightening its oil supply vice- saying that any extra cut by the cartel on Sunday would accelerate the global economic crisis. ...
Fri 13th March 2009 - 10:44pm
Swiss banks to drop secrecy rules
The Swiss government says it will cooperate on cases of international tax evasion- breaking with a long-standing tradition of banking secrecy. ...
Fri 13th March 2009 - 10:27pm
Emissions on the rise- despite shrinking economy
A climate change lobby group says Australias greenhouse gas emissions are continuing to rise- even though the economy is shrinking. ...
Fri 13th March 2009 - 10:13pm
Emissions on the rise- despite shrinking economy
A climate change lobby group says Australias greenhouse gas emissions are continuing to rise- even though the economy is shrinking. ...
Fri 13th March 2009 - 09:16pm
First home buyers warned to be careful
Recent first home buyers may be feeling pretty good right now but one mortgage provider says they could be in for a rude shock a year down the track. ...
Fri 13th March 2009 - 07:27pm
Poms head Down Under to escape the gloom
Disenchanted Poms and Aussie expats are boosting demand for Australian properties- an independent mortgage broker says. ...
Fri 13th March 2009 - 06:46pm
Malaysian capital to get new mega-tower
Malaysia's capital Kuala Lumpur will see a 65-storey Four Seasons building rise up alongside its iconic 88-storey Petronas Twin Towers- a report says. ...
Fri 13th March 2009 - 06:45pm
ASIC pulls out of Storm wind up action
A meeting of creditors of the failed investment advisory firm Storm Financial will go ahead this month after the corporate watchdog withdrew from court action. ...
Fri 13th March 2009 - 06:32pm
First home buyers warned to be careful
Recent first home buyers may be feeling pretty good right now but one mortgage provider says they could be in for a rude shock a year down the track. ...
Fri 13th March 2009 - 06:30pm
Damaged crane risked lives of workers- public- union
The construction union says two workers on a site at Canberras National Gallery were almost killed when a crane dropped a three-tonne concrete panel on Wednesday. ...
Fri 13th March 2009 - 06:11pm
Govt under pressure over shameless ANZ job cuts
The Finance Sector Union says the Federal Government should be doing more to stop banks sending jobs overseas. ...
Fri 13th March 2009 - 05:51pm
Ten faces uncertain future with Canwest
Network Ten Ltd's majority owner- Canwest- is facing a debt crisis that could prompt it to put the Australian network up for sale. ...
Fri 13th March 2009 - 05:47pm
Uranium mine water leaking into Kakadu
A Senate Committee has been told tens of thousands of litres of contaminated water is leaking into Kakadu National Park every day from a tailings dam at the Ranger Uranium Mine. ...
Fri 13th March 2009 - 05:46pm
Asian Markets Overview of March 13
Sydney- Australia- Mar 13- 2009 - ABN Newswire - Most Asian markets ended lower Thursday- giving up gains from the previous session. Japans Nikkei 225 finished down 2.4 as exporters were hit by the stronger yen. Other major indexes including Chinas Shanghai Composite- Hong Kongs Hang Seng Index and South Koreas Kospi ended with rather small changes as investors were not confident to the economic outlook and waiting for a clear picture. ...
Fri 13th March 2009 - 05:39pm
Govt under pressure over ANZs job cuts
The Finance Sector Union says the Federal Government should be doing more to stop banks sending jobs overseas. ...
Fri 13th March 2009 - 05:34pm
Telstra farewells another US executive
Telstra Corp Ltd is farewelling another US executive- with group managing director of marketing Bill Stewart to leave at the end of March. ...
Fri 13th March 2009 - 05:31pm
Uranium mine water leaking into Kakadu
A Senate Committee has been told tens of thousands of litres of contaminated water is leaking into Kakadu National Park every day from a tailings dam at the Ranger Uranium Mine. ...
Fri 13th March 2009 - 05:26pm
Malaysian capital to get new mega-tower
Malaysia's capital Kuala Lumpur will see a 65-storey Four Seasons building rise up alongside its iconic 88-storey Petronas Twin Towers- a report says. ...
Fri 13th March 2009 - 05:22pm
Rooftop revolution- NSW looks to boost solar investment
To Michael Costa it would be like stabbing yourself in the eye with a fork. ...
Fri 13th March 2009 - 05:22pm
Aust bonds close weaker
The Australian bond market has closed weaker after a positive day on regional equity markets caused a pickup in risk appetite and halted safe-haven flows. ...
Fri 13th March 2009 - 05:21pm
Uranium mine water leaking into Kakadu
A Senate Committee has been told tens of thousands of litres of contaminated water is leaking into Kakadu National Park every day from a tailings dam at the Ranger Uranium Mine. ...
Fri 13th March 2009 - 05:19pm
ABC receivers ask for more time
The federal government will support an extension of time for court-appointed receivers who are assessing offers for 241 ABC Learning childcare centres. ...
Fri 13th March 2009 - 05:18pm
Vic bushfire insurance claims now $1.12b
Insurance claims from the Victorian bushfires has now reached $1.12 billion with 90 per cent of all claims assessed. ...
Fri 13th March 2009 - 05:17pm
Kiwi tops Aussies in world rich list
A New Zealander has been named the richest Australasian for the first time in history- but Kiwis predict Australia will have a hard time accepting it. ...
Fri 13th March 2009 - 05:14pm
Rooftop revolution- NSW looks to boost solar investment
To Michael Costa it would be like stabbing yourself in the eye with a fork. ...
Fri 13th March 2009 - 05:13pm
Grocery giant Costco moving in
Supermarket giants Coles and Woolworths will face new competition later this year with cut-price global grocery warehouse Costco set to open in Melbourne. ...
Fri 13th March 2009 - 04:50pm
China 'concerned' about US investments
China is concerned about its investments in the United States- Premier Wen Jiabao said- as he called on US economic planners to safeguard the assets. ...
Fri 13th March 2009 - 04:49pm
Australia shares up 3.4 pct- banks jump
SYDNEY- March 13 - Australian shares logged their biggest one-day percentage gain in three months on Friday- as battered financial sector stocks were boosted by upbeat comments from Bank of Americas BAC.N CEO. ...
Fri 13th March 2009 - 04:20pm
China 'concerned' about US investments
China is concerned about its investments in the United States- Premier Wen Jiabao said- as he called on US economic planners to safeguard the assets. ...
Fri 13th March 2009 - 04:19pm
Aussies spending despite crisis- survey
The global financial crisis won't stop most Australians from spending at the same rate as they did before the downturn- a credit card company says. ...
Fri 13th March 2009 - 04:15pm
Wildlife risk- Garrett rejects NSW development proposal
Federal Environment Minister Peter Garrett has refused a large rezoning and development proposal near Jervis Bay on the New South Wales south coast because of its threat to wildlife. ...
Fri 13th March 2009 - 04:15pm
Wildlife risk- Garrett rejects NSW development proposal
Federal Environment Minister Peter Garrett has refused a large rezoning and development proposal near Jervis Bay on the New South Wales south coast because of its threat to wildlife. ...
Fri 13th March 2009 - 04:14pm
Crown strikes new deal on Cannery
Gaming firm Crown Ltd has struck a new deal for the Cannery casino group in the United States- which could result in Crown owning all or part of Cannery. ...
Fri 13th March 2009 - 04:12pm
Oil and gas not hit by crisis- report
The global economic crisis has not yet affected Australian oil and gas production- but 2009 will be tough for the industry- a report has found. ...
Fri 13th March 2009 - 03:35pm
Tourists urged to play part in bushfire recovery
The Victorian Government is encouraging people to spend money in Victorias bushfire-affected areas. ...
Fri 13th March 2009 - 03:32pm
Australia shares up 3.6 percent F -amp ampP Appliances dips
WELLINGTON- March 13 - Australian stocks rose 3.6 percent on Friday after some upbeat news on the U.S. economy powered strong gains on Wall Street and helped lift other Asian stock markets. ...
Fri 13th March 2009 - 03:27pm
Fears Chookgate moratorium will leave surveyors jobless
The Australian Institute of Building Surveyors says a two-year moratorium on building certification is going to cut work for certifiers in the Northern Territory. ...
Fri 13th March 2009 - 03:25pm
Job creation grants for north-east
The Federal Government says a funding package for north-east Tasmania will create 63 jobs. ...
Fri 13th March 2009 - 03:11pm
Borrowers seek no frills loans- broker
Consumers are seeking -amp quotno frills -amp quot variable loans and skipping on extras like credit cards and fee-free bank accounts- a leading mortgage broker says. ...
Fri 13th March 2009 - 02:50pm
Japan PM orders new stimulus package
TOKYO AFP - Japans Prime Minister Taro Aso has ordered top ruling-party officials to put together an additional economic stimulus package to battle the countrys deepening recession. ...
Fri 13th March 2009 - 02:44pm
EcoGreen Fine Chemicals Group HKG-2341 A Leading Fine Chemical Company in China with Solid Growth and Impressive Performance
Hong Kong- China- Mar 13- 2009 - ABN Newswire - EcoGreen Fine Chemicals Group HKG-2341 is a market leader in Fine Chemical R -amp ampD and manufacturer in China with an impressive financial portfolio. During the financial turmoil of 2008- the company reported its 1H results in last year- a 20 increase in turnover- a 17 increase in gross profit- a 30 increase in EPS on a YoY basis with a current ratio of just 2.5 times. ...
Fri 13th March 2009 - 02:39pm
Business as usual for SA coal mine- power station
Babcock and Brown Power- which has South Australian assets- says it will not be affected by Babcock and Brown Limited being placed in voluntary administration. ...
Fri 13th March 2009 - 02:27pm
Drivetrain to go into liquidation
The car parts company that sacked more than 200 workers at its Albury factory- on the New South Wales-Victorian border- will go into liquidation. ...
Fri 13th March 2009 - 02:18pm
Australia shares up 3.1 percent REITs gain
WELLINGTON- March 13 - Australian stocks rose 3.1 percent on Friday after slightly more upbeat news on the U.S. economy powered strong gains on Wall Street and helped lift other Asian stock markets. ...
Fri 13th March 2009 - 02:14pm
ABC Learning receivers seek sale extension
The receivers looking after the sale of ABC Learnings unviable childcare facilities have asked for more time to sell off the 241 centres. ...
Fri 13th March 2009 - 01:48pm
Australian Market Report of March 13- Better-Than-Expected News
Sydney- Australia- Mar 13- 2009 - ABN Newswire - US stocks surged for the third consecutive session overnight- as investors flowed into the financial sector due to the upbeat comments from Bank of Americas chief executive. General Motors also delivered good news to the market that it will not need $US2 billion loans it had requested from the US government to fund its operations in March. ...
Fri 13th March 2009 - 01:45pm
ABC receivers ask for more time
The federal government will support an extension of time for court-appointed receivers who are assessing offers for 241 ABC Learning childcare centres. ...
Fri 13th March 2009 - 01:44pm
Grocery giant Costco moving in
Supermarket giants Coles and Woolworths will face new competition later this year with cut-price global grocery warehouse Costco set to open in Melbourne. ...
Fri 13th March 2009 - 01:41pm
Oil and gas not hit by crisis- report
The global economic crisis has not yet affected Australian oil and gas production- but 2009 will be tough for the industry- a report has found. ...
Fri 13th March 2009 - 01:36pm
ANZ to send jobs overseas
ANZ has confirmed it will cut 500 jobs- mostly from its Melbourne operations. ...
Fri 13th March 2009 - 01:36pm
ANZ to cut 500 jobs in offshore move
The ANZ Bank has confirmed it will sack 500 back-office workers and shift the jobs to India. ...
Fri 13th March 2009 - 01:34pm
Vic bushfire insurance claims now $1.12b
Insurance claims from the Victorian bushfires has now reached $1.12 billion with 90 per cent of all claims assessed. ...
Fri 13th March 2009 - 01:34pm
Japans PM orders $300b in new stimulus spending
Japans Prime Minister has ordered officials to put together another stimulus package to help battle the deepening recession. ...
Fri 13th March 2009 - 01:21pm
Aussie dlr buoyed by gains vs Swiss franc bonds dip
AUSTRALIAN CREDIT-FOREXSNAPSHOT FOREIGN EXCHANGE AT 0015 GMTagainst previous Sydney close AUD 0.6550-530.6485-88 AUDNZDR1.2562-801.2630-64 AUDJPYR 63.88-92 62 ...
Fri 13th March 2009 - 01:17pm
Conroy rules Telstra out of further broadband bidding
Federal Communications Minister Stephen Conroy says Telstra cannot enter the bidding process for the national broadband network NBN. ...
Fri 13th March 2009 - 01:15pm
Babcock enters voluntary administration
Debt-laden investment firm Babcock -amp Brown Ltd has been placed into voluntary administration after the rejection of a proposed debt restructure. ...
Fri 13th March 2009 - 01:13pm
ANZ to send jobs overseas
ANZ has confirmed it will cut 500 jobs- mostly from its Melbourne operations. ...
Fri 13th March 2009 - 01:12pm
ABC receivers ask for more time
The court-appointed receivers for the ABC Learning childcare centres whose futures are yet to be finalised have asked for an extension of time. ...
Fri 13th March 2009 - 12:52pm
Babcock and Brown calls in administrators
Voluntary administrators have been appointed to financial group Babcock and Brown. ...
Fri 13th March 2009 - 12:52pm
Conroy rules Telstra out of further NBN bidding
Federal Communications Minister Stephen Conroy says Telstra cannot get back into the bidding process for the national broadband network NBN. ...
Fri 13th March 2009 - 12:50pm
Job creation grants for north-east
The Federal Government says a funding package for north-east Tasmania will create 63 jobs. ...
Fri 13th March 2009 - 12:35pm
Rex Minerals Limited ASX-RXM And Drake Resources Limited ASX-DRK Modifies The Purchase Agreement For Mt Carrington Project
Melbourne- Australia- Mar 13- 2009 - ABN Newswire - Rex Minerals Limited ASX-RXM and Drake Resources Limited -amp quotDrake -amp quot have modified the terms of the option to purchase agreement for the Mt Carrington Project which was announced to the ASX on 29 April 2008. The modified terms aim to provide greater certainty for both parties by locking in the number of shares to be issued on completion of the sale of the Mt Carrington Project. ...
Fri 13th March 2009 - 12:33pm
Image Resources NL ASX-IMA Confirms Shallow Depths And Continuity Of Heavy Mineralisation At Cooljarloo
Perth- Australia- Mar 13- 2009 - ABN Newswire - As recently reported- Image Resources NL ASX-IMAPINK-IMREF has carried out infill aircore drilling on the Atlas resource to provide greater confidence in the grade and continuity of the mineralisation and to upgrade the status of the resource. The Atlas resource currently comprises an Indicated Resource of 1.9Mt at 4.9 HM 2.5 HM cut off and an Inferred Resource of 9.7Mt at 5.8 HM 2. ...
Fri 13th March 2009 - 12:31pm
ABC Learning receivers ask for more time
The court-appointed receivers for the ABC Learning childcare centres that have yet to be saved have asked for an extension of time. ...
Fri 13th March 2009 - 12:27pm
Kiwi tops Aussies is world rich list
A New Zealander has been named the richest Australasian for the first time in history- but Kiwis predict Australia will have a hard time accepting it. ...
Fri 13th March 2009 - 12:22pm
Virgin Blue 'can't explain share crash'
Virgin Blue says it cannot explain the recent crash in its share price- other than reasons such as market volatility and the global financial crisis. ...
Fri 13th March 2009 - 12:21pm
ANZ to sack 500- send jobs overseas
The ANZ bank has confirmed that it will move more Australian technology and back-office operation jobs to India by the end of this year. ...
Fri 13th March 2009 - 12:16pm
Bligh cant give start date for Gold Coast rail project
Queensland Premier Anna Bligh says she cannot foreshadow a starting date for the Gold Coast Rapid Transit system. ...
Fri 13th March 2009 - 12:13pm
ANZ to cut 500 jobs in offshore move
The ANZ Bank has confirmed it will sack 500 back-office workers and shift the jobs to India. ...
Fri 13th March 2009 - 11:50am
Financial crisis hits slow moving cattle
There are signs of a slowdown in the live cattle trade to Australias largest market- Indonesia. ...
Fri 13th March 2009 - 11:50am
Crown strikes new deal on Cannery
Gaming firm Crown Ltd said its agreement to acquire the Cannery casino group in the US had been terminated. ...
Fri 13th March 2009 - 11:47am
Australia shares jump 3 pct on economic cheer
WELLINGTON- March 13 - Australian stocks rose 3 percent on Friday- with the top mining and banking stocks all gaining- after slightly more upbeat news on the U.S. economy powered strong gains on Wall Street. ...
Fri 13th March 2009 - 11:43am
Crown strikes new deal on Cannery
Gaming firm Crown Ltd said its agreement to acquire the Cannery casino group in the US had been terminated. ...
Fri 13th March 2009 - 11:41am
EPA probes more suspected mine water contamination
The Environmental Protection Agency says it is investigating another possible overflow of contaminated water from a disused mine in Queenslands north-west. ...
Fri 13th March 2009 - 11:32am
Virgin Blue 'can't explain share crash'
Virgin Blue says it cannot explain the recent crash in its share price- other than reasons such as market volatility and the global financial crisis. ...
Fri 13th March 2009 - 11:29am
Babcock enters voluntary administration
Debt-laden investment firm Babcock -amp Brown Ltd has been placed into voluntary administration after the rejection of a proposed debt restructure. ...
Fri 13th March 2009 - 11:26am
Workers retraining for jobs market- Seek
A leading employment index shows Australians are looking to improve their skills to become more competitive in the softening job market. ...
Fri 13th March 2009 - 11:17am
Murdoch shuffles leadership deck at Fox
Rupert Murdoch shuffled leadership of News Corp's Fox operations in Los Angeles as the media company prepares for the departure of President Peter Chernin. ...
Fri 13th March 2009 - 11:16am
Workers retraining for jobs market- Seek
A leading employment index shows Australians are looking to improve their skills to become more competitive in the softening job market. ...
Fri 13th March 2009 - 10:56am
Sarissa Resources Inc. PINK-SRSR Niobium Assay Results from the Nemegosenda Drilling Program
Bay City- MI- United States- Mar 13- 2009 - ABN Newswire - Sarissa Resources Inc.- -amp quotSarissa -amp quot or the -amp quotCompany -amp quot PINK-SRSR- today released the assay results from Diamond Drill Hole 09-72. This hole is part of the 9 hole program designed to test the D Zone of the Companys Nemegosenda niobium property in northern Ontario. ...
Fri 13th March 2009 - 10:53am
Telstra loses second US executive
Telstra Corp Ltd is farewelling another US executive- with group managing director of marketing Bill Stewart to leave at the end of March. ...
Fri 13th March 2009 - 10:52am
Burnie mill jobs in the balance till mid-year
Australian Paper is considering reducing operations at its two north-west mills in a bid to avoid job cuts. ...
Fri 13th March 2009 - 10:40am
NZ investors vote down B -amp B restructure
New Zealand investors in Babcock -amp Brown Ltd voted against a special resolution to restructure the terms of the debt. ...
Fri 13th March 2009 - 10:39am
Aust market up 2pc in early trade
The Australian share market is up more than 2 per cent in early trade after Wall Streets strong gains overnight. ...
Fri 13th March 2009 - 10:38am
Murdoch shuffles leadership deck at Fox
Rupert Murdoch shuffled leadership of News Corp's Fox operations in Los Angeles as the media company prepares for the departure of President Peter Chernin. ...
Fri 13th March 2009 - 10:35am
Food company under investigation
National Foods has been investigated for allegedly failing to inform Tasmanian health authorities after finding a pathogen in one of its cheese products. ...
Fri 13th March 2009 - 10:33am
Reality bites- unemployment hits Gen Y
The release of yesterdays jobless figures has provided particularly bad news for Australias youth- with unemployment for 15 to 19 year olds rising to its highest level since 2001- at nearly 24 per cent. ...
Fri 13th March 2009 - 10:27am
Reality bites- unemployment hits Gen Y
The release of yesterdays jobless figures has provided particularly bad news for Australias youth- with unemployment for 15 to 19 year olds rising to its highest level since 2001- at nearly 24 per cent. ...
Fri 13th March 2009 - 10:26am
Australia shares rise on better economic view
WELLINGTON- March 13 - Australian stocks rose 1.8 percent on Friday after better economic news in the U.S. fuelled a recovery on Wall Street- boosting investor sentiment. ...
Fri 13th March 2009 - 10:25am
Delay for EU duties- including French cheese- US
NEW YORK AFP - The United States will delay by a month introducing additional taxes on a number of European products- including a crippling 300-percent import duty on Frances Roquefort cheese- officials said Thursday. ...
Fri 13th March 2009 - 10:21am
Meatworks to aid immigration probe
A Warrnambool abattoir says it will assist an investigation into a labour hire agency allegedly responsible for providing illegal workers from China. ...
Fri 13th March 2009 - 10:20am
Po Valley Energy Limited ASX-PVE Work Underway On A Fourth Northern Italian Gas Field
Perth- Australia- Mar 13- 2009 - ABN Newswire - Po Valley Energy Limited ASX-PVE has commenced work to bring a fourth gas field in northern Italy into production.The Company announced today that appraisal drilling had commenced Thursday on the Bezzecca gas structure within Po Valleys 100-owned Cascina San Pietro permit area east of Milan.The Bezzecca field is expected to be 5 to 10 times the size of Po Valleys Castello field. ...
Fri 13th March 2009 - 10:18am
Ex-Google VP named as new CEO of AOL
Tim Armstrong- a senior vice president at internet search king Google- has been named chairman and chief executive of troubled web company AOL. ...
Fri 13th March 2009 - 10:16am
IBA Health Group Limited ASX-IBA Recieves Strong Support For Institutional Entitlement Offer
Sydney- Australia- Mar 13- 2009 - ABN Newswire - IBA Health Group Limited ASX-IBAPINK-IBATF - Australias largest listed health information technology company is pleased to announce the successful completion of the institutional component of its accelerated non-renounceable pro-rata entitlement offer -amp quotEntitlement Offer -amp quot- raising approximately A $82 million. ...
Fri 13th March 2009 - 10:14am
Sporting finals- music events to boost Vic economy
Thousands of sports and music fans are expected to pack Melbournes CBD this evening for a host of sporting and cultural events. ...
Fri 13th March 2009 - 10:13am
Gillard urges fair treatment of sacked workers
Employment and Workplace Relations Minister Julia Gillard has urged employers to treat redundant workers fairly in the wake of yesterdays rise in unemployment. ...
Fri 13th March 2009 - 09:40am
Telstra loses second US executive
Telstra Corp Ltd is farewelling another US executive- with group managing director of marketing Bill Stewart to leave at the end of March. ...
Fri 13th March 2009 - 09:34am
Gillard urges fair treatment of sacked workers
Employment and Workplace Relations Minister Julia Gillard has urged employers to treat redundant workers fairly in the wake of yesterdays rise in unemployment. ...
Fri 13th March 2009 - 09:33am
Reality bites- unemployment hits Gen Y
The release of yesterdays jobless figures has provided particularly bad news for Australias youth- with unemployment for 15 to 19 year olds rising to its highest level since 2001- at nearly 24 per cent. ...
Fri 13th March 2009 - 09:19am
US jobless claims rise as layoffs spread
The number of initial claims for US jobless benefits rose last week- while the total number of Americans continuing to receive benefits set a record high. ...
Fri 13th March 2009 - 08:51am
US retail sales continue to drop
The US government says retail sales fell in February for the seventh time in the past eight months. ...
Fri 13th March 2009 - 08:47am
Miner says Whiteley mural safe
The developer of the Moolarben Coal Mine near Mudgee- in central western New South Wales- says its operations will not disturb nearby paintings by Brett Whiteley. ...
Fri 13th March 2009 - 08:42am
Gold Coast office vacancies hit 15-yr high
An international real estate company says office vacancies on the Gold Coast are at a 15-year high. ...
Fri 13th March 2009 - 08:28am
Reality bites- unemployment hits Gen Y
The release of yesterdays jobless figures has provided particularly bad news for Australias youth- with unemployment for 15 to 19 year olds rising to its highest level since 2001- at nearly 24 per cent. ...
Fri 13th March 2009 - 08:21am
Reality bites- unemployment hits Gen Y
The release of yesterdays jobless figures has provided particularly bad news for Australias youth- with unemployment for 15 to 19 year olds rising to its highest level since 2001- at nearly 24 per cent. ...
Fri 13th March 2009 - 08:20am
Australia shares seen up resources firms to rise
Gold producers such as Newcrest Mining NCM may rise after gold prices jumped 2 percent- boosted after the Swiss National Bank sold francs against the euro and raised the spectre of a race to devalue major currencies. ...
Fri 13th March 2009 - 08:18am
General Electric loses top credit rating
General Electric Co lost its top credit rating from Standard -amp Poor's over concerns of rising loan losses and lower earnings at its lending arm. ...
Fri 13th March 2009 - 08:18am
More Govt action urged as jobs go
Tasmanias rising jobless rate has sparked calls for urgent payroll tax relief and increased unemployment benefits. ...
Fri 13th March 2009 - 08:12am
More Govt action urged as jobs go
Tasmanias rising jobless rate has sparked calls for urgent payroll tax relief and increased unemployment benefits. ...
Fri 13th March 2009 - 08:11am
Oil spikes on Russian output cut rumours
Oil prices spiked 11 per cent as rumours swirled that Russia would join OPEC in slashing crude production. ...
Fri 13th March 2009 - 07:49am
US retail sales continue to drop
The US government says retail sales fell in February for the seventh time in the past eight months. ...
Fri 13th March 2009 - 07:48am
Hunter Bonds workers rally outside factory
Sacked Hunter Valley Bonds factory workers are demanding Pacific Brands puts their redundancy money in a trust fund to ensure that it is safe. ...
Fri 13th March 2009 - 07:47am
Local market tipped to rise after fresh Wall Street surge
The Australian share market is expected to make strong gains when it opens later this morning- after a significant rally on Wall Street overnight. ...
Fri 13th March 2009 - 07:43am
Hunter Bonds workers rally outside factory
Sacked Hunter Valley Bonds factory workers are demanding Pacific Brands puts their redundancy money in a trust fund to ensure that it is safe. ...
Fri 13th March 2009 - 07:39am
Discord sets scene for G20 finance meeting
LONDON AFP - Deep splits over action to halt the raging economic crisis and a German-French drive to focus on cross-border rules for finance are souring the air before a G20 finance ministerial meeting near here Saturday. ...
Fri 13th March 2009 - 07:38am
EU 'faces 4.5m job losses this year'
European Union businesses say that some 4.5 million workers may lose their jobs this year as company profits plunge. ...
Fri 13th March 2009 - 07:37am
Aust market tipped to rise after fresh Wall Street surge
The Australian share market is expected to make strong gains when it opens later this morning- after a significant rally on Wall Street overnight. ...
Fri 13th March 2009 - 07:37am
Growth to fall up to 2- World Bank boss
World Bank President Robert Zoellick has warned that growth in the world economy would likely fall by up to 2.0 per cent this year. ...
Fri 13th March 2009 - 07:34am
Weak auto demand drags on US retail sales
WASHINGTON AFP - US retail sales slipped 0. ...
Fri 13th March 2009 - 06:33am
EU investment bank will lend carmakers 3 bln euros
BRUSSELS AFP - The European Investment Bank said Thursday its board had approved plans to lend an additional three billion euros to auto makers and that more was on the way. ...
Fri 13th March 2009 - 06:30am
Rate cuts not over yet- ECBs Trichet
VIENNA AFP - The latest half-point cut in eurozone interest rates will not necessarily be the last- European Central Bank chief Jean-Claude Trichet said Thursday. ...
Fri 13th March 2009 - 06:24am
Discord sets scene for G20 finance meeting
LONDON AFP - Deep splits over action to halt the raging economic crisis and a German-French drive to focus on cross-border rules for finance are souring the air before a G20 finance ministerial meeting near here Saturday. ...
Fri 13th March 2009 - 05:49am
Cancellations outweigh orders at Airbus- Boeing
PARIS AFP - European aircraft maker Airbus said Thursday that cancellations on orders for planes had exceeded new orders since the beginning of the year- matching a similar trend at US rival Boeing. ...
Fri 13th March 2009 - 05:20am
S -amp P cuts GE credit rating
NEW YORK AFP - General Electric lost its top AAA credit rating Thursday as Standard -amp amp Poors downgraded the company- potentially affecting its borrowing costs. ...
Fri 13th March 2009 - 02:42am
BMW 2008 profits collapse
FRANKFURT AFP - German luxury auto manufacturer BMW on Thursday reported an 89. ...
Fri 13th March 2009 - 12:11am
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