German auto sales surge 40
FRANKFURT AFP - German auto sales shot up 40 percent in March compared with the same month in 2008 in what analysts on Thursday called a -amp quotshopping frenzy -amp quot that will lighten the recession in Europes top economy. ...
Thu 2nd April 2009 - 11:32pm
Oil prices bounce back above $50
LONDON AFP - Oil prices rebounded back above 50 dollars Thursday with sentiment boosted by hopes that G20 leaders meeting here would strike an agreement to help stem the economic downturn- traders said. ...
Thu 2nd April 2009 - 11:21pm
Uncooperative tax havens face G20 sanctions- minister
LONDON AFP - Tax havens that refuse to share information with other countries will face -amp quotsanctions -amp quot under an agreement being thrashed out at the G20 summit on Thursday- a British finance minister said. ...
Thu 2nd April 2009 - 11:14pm
Reinsurer Swiss Re to cut around 1-000 jobs
ZURICH AFP - Swiss Re- the worlds biggest reinsurer- severely hit by the financial crisis- on Thursday said it would cut around 1-000 jobs worldwide in the next 12 months to trim costs. ...
Thu 2nd April 2009 - 10:54pm
Turnbull announces plan to help small businesses
Federal Opposition leader Malcolm Turnbull has launched his partys plan to rejuvenate small business. ...
Thu 2nd April 2009 - 10:45pm
Indias Tata Motors sees 13 dive in March sales
MUMBAI AFP - Indias top vehicle maker Tata Motors has reported a 13 percent fall in domestic sales for March as a slowing economy hit demand for its commercial vehicles. ...
Thu 2nd April 2009 - 10:44pm
German auto sales surge 40 in March
FRANKFURT AFP - German auto sales shot up by 40 percent in March compared with the same month in 2008 owing to a government subsidy and a larger number of business days this year- the VDA automobile federation said Thursday in a statement. ...
Thu 2nd April 2009 - 10:32pm
World stocks surge as G20 seeks historic deal
LONDON AFP - Asian and European stocks soared Thursday as dealers hoped the G20 summit would produce a plan to solve the world financial crisis- while positive US economic data also boosted confidence- traders said. ...
Thu 2nd April 2009 - 10:22pm
G20 to give IMF major funding boost- minister
LONDON AFP - G20 leaders have agreed to -amp quotsubstantially increase -amp quot funding for the IMF and other institutions- although -amp quotsome tensions -amp quot remain over how much- British business minister Peter Mandelson said Thursday. ...
Thu 2nd April 2009 - 10:20pm
Facebook good for productivity- in moderation
Employers worried that their staff are wasting their time on websites like Facebook- MySpace and YouTube may now be able to relax a bit. ...
Thu 2nd April 2009 - 09:27pm
Hundreds of cuts flagged under new jobs regime
One of the countrys biggest employment agencies says it will be forced to sack nearly 400 staff because of the Federal Governments changes to the sector. ...
Thu 2nd April 2009 - 08:41pm
Home repossessions on the rise in WA
Western Australias top welfare organisation says interest rate cuts have done little to ease mortgage stress- with home repossessions on the rise. ...
Thu 2nd April 2009 - 07:54pm
Home repossessions on the rise in WA
Western Australias top welfare organisation says interest rate cuts have done little to ease mortgage stress- with home repossessions on the rise. ...
Thu 2nd April 2009 - 07:43pm
BHP wins $1.8b tax battle
Mining giant BHP Billiton has won a court battle against the Australian Tax Office ATO over $1.8 billion in disputed tax bills. ...
Thu 2nd April 2009 - 07:36pm
BC hopes Fortescue honours rail pledge
BC Iron is trying to persuade Fortescue to make good a two-year pledge to allow the aspiring iron ore miner to use FMG's rail haulage and port services. ...
Thu 2nd April 2009 - 07:23pm
Jobs to go from jobs provider
Jobs Statewide says it is unclear how many jobs will go when eight of its offices close in the middle of the year. ...
Thu 2nd April 2009 - 07:17pm
Battle heats up over tunnel developer
Shareholders in the developer of Australia's longest road tunnel will meet on April 9 to vote on winding up the company. ...
Thu 2nd April 2009 - 07:11pm
Agencies flag hundreds of job cuts under new regime
One of the countrys biggest employment agencies says it will be forced to sack nearly 400 staff because of the Federal Governments changes to the sector. ...
Thu 2nd April 2009 - 07:11pm
ECB to cut rates- analysts
FRANKFURT- AFP - The European Central Bank is likely to cut its key interest rate to an all-time low of 1.0 percent and may break new ground as it seeks ways to turn back a deepening recession. ...
Thu 2nd April 2009 - 06:57pm
RBAs Corbett backs third economic kick-start
Reserve Bank board member Roger Corbett says the economy will probably need another stimulus package. ...
Thu 2nd April 2009 - 06:51pm
Reinsurer giant Swiss Re to cut around 1-000 jobs
ZURICH- AFP - Swiss Re- the worlds biggest reinsurer which had been severely hit by the financial crisis- said it would cut around 1-000 jobs worldwide in the next 12 months to trim costs. ...
Thu 2nd April 2009 - 06:48pm
Oppositon plan hands financial lifeline to struggling firms
The Federal Opposition has proposed a series of ideas to help struggling small businesses cope with the economic slowdown. ...
Thu 2nd April 2009 - 06:48pm
Germany names new national railway boss
BERLIN- AFP - The German government said it would nominate Ruediger Grube as head of the national rail operator Deutsche Bahn after its former boss resigned amid a staff spy scandal. ...
Thu 2nd April 2009 - 06:44pm
Stimulus packages have served us well
Reserve Bank board member Roger Corbett says the economy will probably need another stimulus package. ...
Thu 2nd April 2009 - 06:37pm
Big Rio shareholder backs Chinalco deal
One of Rio's major shareholders says plans by Chinalco to invest $US19.5 billion in the world's third biggest resources company is good for Australia. ...
Thu 2nd April 2009 - 06:36pm
Jobs to go from jobs provider
Jobs Statewide says it is unclear how many jobs will go when eight of its offices close in the middle of the year. ...
Thu 2nd April 2009 - 06:35pm
Ten posts bottom line net loss of $80m
The Biggest Loser may be generating solid ratings for Ten- but the title may also be a more appropriate description of the broadcaster's first half bottom line. ...
Thu 2nd April 2009 - 06:22pm
Super industry AUM loss spiked in Dec
The December 2008 quarter robbed Australia's superannuation industry of half of the total fall in assets under management it suffered during 2008. ...
Thu 2nd April 2009 - 06:19pm
Another negative quarter likely- Corbett
A prominent member of the RBA board says another quarter of negative economic growth is likely- backing suggestions Australia is already in recession. ...
Thu 2nd April 2009 - 06:18pm
Local market up 2.8pc
The Australian share market has made significant gains- led by industrial- banking and mining stocks. ...
Thu 2nd April 2009 - 06:10pm
Weaker dollar helps SA exports
Business SA says South Australian exporters have been working hard to capitalise on a weaker Australian dollar. ...
Thu 2nd April 2009 - 05:48pm
PaperlinX profit forecast cut by 64
PaperlinX's 2009 profit forecast has been downgraded by as much as 64 per cent by analysts after the paper merchant secured an extension of waivers over debt. ...
Thu 2nd April 2009 - 05:41pm
Cashed-up Newmont to pursue acquisitions
Global gold mining giant Newmont is cashed up to pursue acquisitions and says the $US2.9 billion Boddington gold project in WA is on track to start production. ...
Thu 2nd April 2009 - 05:35pm
Global crisis sees bankruptcies up 15
Personal bankruptcies increased by nearly 15 per cent in the first quarter of 2009 as a result of the global financial crisis- an accountancy firm says. ...
Thu 2nd April 2009 - 05:23pm
Rio backs call for Chinese investment
Rio Tinto has backed calls for greater Chinese investment in Australian mining companies- likening their involvement to Japan's influence in the 1980s. ...
Thu 2nd April 2009 - 05:22pm
Employer sentiment on hiring 'worsening'
Employer sentiment about workforce hiring intentions is at its lowest level since a survey began more than eight years ago. ...
Thu 2nd April 2009 - 05:17pm
Coca Cola ordered to correct myth-busting ads
Soft drink company Coca Cola has been ordered to take out newspaper advertisements clarifying the contents of an advertising campaign deemed potentially misleading. ...
Thu 2nd April 2009 - 05:13pm
Resources market 'to stabilise in 2009'
The Australian economy will reach the bottom of its slump this year and the resources market should stabilise- Leighton chief executive Wal King says. ...
Thu 2nd April 2009 - 04:57pm
NIB and NAB ally health with wealth
Private health insurer NIB has formed a strategic alliance with the National Australia Bank under which NIB will offer health insurance to NAB customers. ...
Thu 2nd April 2009 - 04:56pm
Australia shares gain 2.8 pct 11-week closing high
MELBOURNE- April 2 - Australian shares climbed 2.8 percent on Thursday to their highest close in 11 weeks- after U.S. economic data sparked optimism that the global economic downturn may be moderating. ...
Thu 2nd April 2009 - 04:50pm
Hutch shareholders back Vodafone merger
Shareholders of Hutchison Telecommunications Australia Ltd HTA have voted overwhelmingly in favour of a joint venture with rival telco Vodafone. ...
Thu 2nd April 2009 - 04:49pm
Aussie jumps to 12-wk peak vs euro ahead ECB meeting
SYDNEY- April 2 - The Australian dollar AUD jumped on Thursday- rising to a 12-week high against the euro and above 70 U.S. cents- helped by surprisingly strong trade data and expectations of an interest rate cut in the euro zone. ...
Thu 2nd April 2009 - 04:44pm
Big Rio shareholder backs Chinalco deal
One of Rio's major shareholders says plans by Chinalco to invest $US19.5 billion in the world's third biggest resources company is good for Australia. ...
Thu 2nd April 2009 - 04:33pm
Coca Cola ordered to clarify misleading ads
Soft drink company Coca Cola has been ordered to take out newspaper advertisements clarifying the contents of an advertising campaign deemed potentially misleading. ...
Thu 2nd April 2009 - 04:32pm
OZ Mins makes first concentrate delivery
Debt-laden diversified miner OZ Minerals Ltd has delivered the first shipment of concentrate to Darwin from its Prominent Hill copper and gold mine. ...
Thu 2nd April 2009 - 04:29pm
Ballot held for new Adelaide housing
The first five houses of the Lightsview residential development at Northgate in Adelaides north-east have been pre-sold today. ...
Thu 2nd April 2009 - 04:28pm
Rio backs call for Chinese investment
Rio Tinto has backed calls for greater Chinese investment in Australian mining companies- likening their involvement to Japan's influence in the 1980s. ...
Thu 2nd April 2009 - 04:27pm
Cashed-up Newmont to pursue acquisitions
Global gold mining giant Newmont is cashed up to pursue acquisitions and says the $US2.9 billion Boddington gold project in WA is on track to start production. ...
Thu 2nd April 2009 - 04:27pm
Another negative quarter likely- Corbett
Reserve Bank of Australia RBA board member Roger Corbett says the country is likely to see another quarter of negative economic growth. ...
Thu 2nd April 2009 - 04:24pm
Australia shares rise 2.8 pct 11-week closing high
MELBOURNE- April 2 - Australian shares rallied 2.8 percent on Thursday to their highest close in eleven weeks after U.S. economic data sparked optimism that the global economic downturn may be moderating. ...
Thu 2nd April 2009 - 04:21pm
Another negative quarter likely- Corbett
Reserve Bank of Australia RBA board member Roger Corbett says the country is likely to see another quarter of negative economic growth. ...
Thu 2nd April 2009 - 03:54pm
Stimulus package dismissed as worse than useless
Most market economists have welcomed the Governments $42 billion stimulus package but some financial experts are highly sceptical. ...
Thu 2nd April 2009 - 03:54pm
ATM card skimmers net $145-000
Police are investigating a card skimming scam at two Automatic Teller Machines ATMs in Perth. ...
Thu 2nd April 2009 - 03:53pm
Another negative quarter likely- Corbett
Reserve Bank of Australia RBA board member Roger Corbett says the country is likely to see another quarter of negative economic growth. ...
Thu 2nd April 2009 - 03:43pm
Ballot held for new Adelaide housing
The first five houses of the Lightsview residential development at Northgate in Adelaides north-east have been pre-sold today. ...
Thu 2nd April 2009 - 03:30pm
ECB to cut rates- analysts say
The European Central Bank is likely to cut its key interest rate to an all-time low on Thursday as it seeks ways to resolve a deepening recession. ...
Thu 2nd April 2009 - 03:29pm
Synergy will not be outsourcing jobs- Collier
The West Australian Energy Minister- Peter Collier- has given an assurance that the electricity retailer Synergy will not be outsourcing jobs to overseas agencies. ...
Thu 2nd April 2009 - 03:26pm
Turnbull wont support another stimulus spendathon
Federal Opposition Leader Malcolm Turnbull says the Coalition will not support a third stimulus package if it is similar to the first two. ...
Thu 2nd April 2009 - 03:25pm
Exports defy global recession- ABS data
Australia has posted its second largest monthly trade surplus on record- after a lift in exports led by a surge in gold shipments. ...
Thu 2nd April 2009 - 03:24pm
Ballot held for new Adelaide housing
The first five houses of the Lightsview residential development in Adelaides north-east have been pre-sold today. ...
Thu 2nd April 2009 - 03:21pm
Bankwest staff may strike over job cuts
The Finance Sector Union FSU says Bankwest staff are considering a strike to protest against job cuts.The bank- which was taken over by the Commonwealth bank last year- has announced it will slash 4 ...
Thu 2nd April 2009 - 03:17pm
Trade surplus surges to $2b
Australias trade surplus has leaped above $2 billion to its highest level since October. ...
Thu 2nd April 2009 - 02:51pm
Ten records 12pc fall in television revenue
The Ten Network has recorded a 12 per cent fall in revenue from its television operations for the first half of the financial year. ...
Thu 2nd April 2009 - 02:45pm
Cashed-up Newmont to pursue acquisitions
Global gold mining giant Newmont is cashed up to pursue acquisitions and says the $US2.9 billion Boddington gold project in WA is on track to start production. ...
Thu 2nd April 2009 - 02:32pm
Govt pledges $1.75m for financial counsellors
The Federal Government has pledged to spend an extra $1.75 million to train 50 new financial counsellors to help people suffering due to the global financial crisis. ...
Thu 2nd April 2009 - 02:30pm
Australia shares rise 2.8 pct Qantas climbs
MELBOURNE- April 2 - Australian shares rallied 2.8 percent on Thursday- with miners and banks pacing the gains- after U.S. economic data sparked optimism that the global economic downturn may be moderating. ...
Thu 2nd April 2009 - 02:15pm
ATM card skimmers net $145-000
Police are investigating a card skimming scam at two Automatic Teller Machines ATMs in Perth.Police say the devices were attached to ATMs at Dianella and Scarborough earlier this month.Detective Sen ...
Thu 2nd April 2009 - 02:14pm
Tenders to be called soon for outback air services
Queensland Transport says it expects to begin a new tender process for air services to rural and remote communities within two months. ...
Thu 2nd April 2009 - 02:12pm
DAguilar Gold Limited ASX-DGR AusNiCo Limited delays OIS Lodgement
Brisbane- Australia- Apr 2- 2009 - ABN Newswire - Further to yesterdays announcement in respect of the proposed offering of 6-000-000 shares at 12.5 cents each by DAguilar Gold Limited ASX-DGR subsidiary AusNiCo Ltd AusNiCo to raise A $750-000. ...
Thu 2nd April 2009 - 01:48pm
Resources market 'to stabilise in 2009'
The Australian economy will reach the bottom of its slump this year and the resources market should stabilise- Leighton chief executive Wal King says. ...
Thu 2nd April 2009 - 01:43pm
Turnbull wont support further stimulus packages
Federal Opposition Leader Malcolm Turnbull says the Coalition will not support a third stimulus package if it is similar to the first two. ...
Thu 2nd April 2009 - 01:41pm
Exports defy global recession- ABS data
Australia posted its second highest monthly trade surplus ever recorded as exports of gold increased by 50 per cent in February. ...
Thu 2nd April 2009 - 01:40pm
ECB to cut rates- analysts say
The European Central Bank is likely to cut its key interest rate to an all-time low on Thursday as it seeks ways to resolve a deepening recession. ...
Thu 2nd April 2009 - 01:35pm
Ten posts bottom line net loss of $80m
Australia's third biggest commercial television broadcaster Ten Network made a net loss of $79.68 million in the six months to February 28 ...
Thu 2nd April 2009 - 01:34pm
Government scraps Swan River foreshore design
The West Australian Government has commissioned new plans for the development of the Perth waterfront. ...
Thu 2nd April 2009 - 01:34pm
Turnbull wont support further stimulus packages
Federal Opposition Leader Malcolm Turnbull says the Coalition will not support a third stimulus package if it is similar to the first two. ...
Thu 2nd April 2009 - 01:23pm
Turnbull warns against bottomless bucket
The Federal Opposition Leader- Malcolm Turnbull- says companies cannot be propped up indefinitely during the global financial crisis. ...
Thu 2nd April 2009 - 01:21pm
Review proves Esperance nickel shipments safe
The West Australian Health Minister has received independent advice that the transport of nickel through the port of Esperance is safe. ...
Thu 2nd April 2009 - 01:19pm
Australia shares up 3.1 pct Australasian surges
MELBOURNE- April 2 - Australian shares rallied 3.1 percent on Thursday- with miners and banks pacing the gains- after U.S. economic data sparked optimism that the global economic downturn may be moderating. ...
Thu 2nd April 2009 - 01:13pm
L -amp M Petroleum Limited NZE-LMP Major 2009 CSG Drill Program Commences
Auckland- New Zealand- Apr 2- 2009 - ABN Newswire - L -amp ampM Petroleum Limited NZE-LMPPINK-LMPDF is pleased to announce that drilling operations are set to commence in the Companys petroleum exploration permits- PEP 38226 Waiau and PEP 38238 Blackmount located in onshore Western Southland Basin on the South Island of New Zealand. ...
Thu 2nd April 2009 - 12:56pm
Government scraps Swan River foreshore design
The West Australian Government has commissioned new plans for the development of the Perth waterfront. ...
Thu 2nd April 2009 - 12:55pm
Ten posts bottom line net loss of $80m
Ten Network Holdings has reported a first half bottom line loss- after making writedowns- and will not pay any further dividends for the rest of fiscal 2009. ...
Thu 2nd April 2009 - 12:51pm
NIB and NAB ally health with wealth
Private health insurer NIB has formed a strategic alliance with the National Australia Bank under which NIB will offer health insurance to NAB customers. ...
Thu 2nd April 2009 - 12:50pm
Government scraps Swan River foreshore design
The West Australian Government has commissioned new plans for the development of the Perth waterfront. ...
Thu 2nd April 2009 - 12:40pm
Trade surplus surges to $2b
Australias trade surplus has leaped above $2 billion to its highest level since October. ...
Thu 2nd April 2009 - 12:37pm
Super funds recoup Feb losses in March
Superannuation funds had another negative month in February but are likely to recoup those losses and more after equity markets rallied in March- a report says. ...
Thu 2nd April 2009 - 12:34pm
Government scraps Swan River foreshore design
The West Australian Government has commissioned new plans for the development of the Perth waterfront.The Government has scrapped Labors plans for the Swan River foreshore- which included highrise bu ...
Thu 2nd April 2009 - 12:34pm
Aussie dollar jumps above 70 cents on trade surprise
AUSTRALIAN CREDIT-FOREXSNAPSHOT FOREIGN EXCHANGE AT 0000 GMTagainst previous Sydney close AUD 0.7001-060.6880-82 AUDNZDR1.2371-881.2390-408 AUDJPYR 68.97-06 6 ...
Thu 2nd April 2009 - 12:29pm
Canada gives $14b to IMF emergency fund
Canada is to give an extra $US10 billion $A14.34 billion in emergency aid to the International Monetary Fund- the prime minister says. ...
Thu 2nd April 2009 - 11:53am
Goods- services surplus $2.109b in Feb
The Australian balance of goods and services was a surplus of $2.109 billion in February- figures from the Australian Bureau of Statistics show. ...
Thu 2nd April 2009 - 11:51am
US lawmakers move again to curb bonuses
US lawmakers have adopted new rules to block bailed-out firms from paying employees compensation -amp quotnot based on performance. -amp quot ...
Thu 2nd April 2009 - 11:46am
More Qld job losses coming- Bligh says
Premier Anna Bligh says Queenslanders should steel themselves for more job losses. ...
Thu 2nd April 2009 - 11:44am
Australia shares rise 2.2 pct Rio Tinto- BHP gain
MELBOURNE- April 2 - Australian shares rose 2.2 percent on Thursday- with miners pacing the gains- after U.S. economic data sparked optimism that the global economic downturn may be moderating. ...
Thu 2nd April 2009 - 11:43am
Divert 1pc of stimulus packages to aid- Oxfam urges
Extreme poverty could be eradicated for half a century using the money world governments have handed to banks in bailout money- Oxfam says. ...
Thu 2nd April 2009 - 11:40am
DAguilar Gold Limited ASX-DGR AusNiCo Seeks To Raise A $750-000 To Advance Nickel Exploration
Brisbane- Australia- Apr 2- 2009 - ABN Newswire - DAguilar Gold Limited ASX-DGR is pleased to announce that its 79.9 owned subsidiary AusNiCo Limited AusNiCo today lodged an Offer Information Statement OIS with ASIC.The OIS seeks to raise A $750-000 from the offer of 6-000-000 shares at A $0.125 cents each. ...
Thu 2nd April 2009 - 11:20am
Market rises after Wall Street gains
Local stocks are more than 1 per cent higher after better factory and home sales data boosted Wall Street overnight. ...
Thu 2nd April 2009 - 11:11am
ACCC unhappy with Vodafone- Hutch merger
A planned joint venture between Vodafone Australia and Hutchison Telecom may lead to increased prices in the mobile phone market- the consumer watchdog says. ...
Thu 2nd April 2009 - 10:56am
Get serious- ban radar detectors- Road Safety Council
The head of the Road Safety Council in Western Australia says if the government is serious about hoons and excessive speed- it should ban radar detectors in cars. ...
Thu 2nd April 2009 - 10:45am
Get serious- ban radar detectors- Road Safety Council
The head of the Road Safety Council in Western Australia says if the government is serious about hoons and excessive speed- it should ban radar detectors in cars. ...
Thu 2nd April 2009 - 10:42am
Online ads- nuisance or necessity
Ad blockers promise to eliminate one of the most frustrating parts of web browsing- but they may also be contributing to the demise of news and entertainment producers- an online advertising expert warns. ...
Thu 2nd April 2009 - 10:37am
Australia shares rise 1.4 pct- miners pace gains
MELBOURNE- April 2 - Australian shares rose 1.4 percent on Thursday- with miners pacing the gains- after U.S. economic data sparked optimism that the downturn is moderating. ...
Thu 2nd April 2009 - 10:20am
CEOs confident economy will rebound soon
Bosses across Australia are confident the economy will rebound with 12 to 18 months- a new survey says. ...
Thu 2nd April 2009 - 10:19am
EIS wont delay Surat rail link
The proponents of the Toowoomba to Gladstone rail link in Queensland say they do not expect an environmental impact statement EIS will delay the project. ...
Thu 2nd April 2009 - 10:13am
More stimulus spending an option- Swan
Treasurer Wayne Swan says the Government will act if necessary to further stimulate the economy- amid criticisms its last two packages have not worked. ...
Thu 2nd April 2009 - 10:12am
Airbus Germany spied on staff- spokesman
BERLIN AFP - The German unit of Airbus said Wednesday it spied on its employees- comparing their bank account numbers with those of suppliers- in what it called an attempt to fight corruption. ...
Thu 2nd April 2009 - 09:59am
Hope for SAFF fuel stations to stay operating
Administrators for the South Australian Farmers Fuel SAFF company say they are confident petrol stations across SA and New South Wales will continue to operate under a new owner. ...
Thu 2nd April 2009 - 09:44am
Employers caught short-changing workers
A crackdown on Tasmanian restaurants has found more than 90 workers were underpaid a total of $44-000. ...
Thu 2nd April 2009 - 09:43am
Aussie dollar near 12-week high vs euro bonds firm
SYDNEY- April 2 - The Australian dollar hovered near a 12-week high against the euro on Thursday- as expectations the European Central Bank may cut interest rates and possibly start buying corporate bonds weighed on the common currency. ...
Thu 2nd April 2009 - 09:40am
Bonus payments will go ahead despite court decision
The man behind a legal challenge to the Federal Governments $900 economic stimulus bonus believes the payment will be made irrespective of the High Courts decision. ...
Thu 2nd April 2009 - 09:30am
Workers left in limbo amid contracting company collapse
The mining union says a contracting companys financial trouble has left workers in limbo. ...
Thu 2nd April 2009 - 09:17am
Germany- France talk tough on regulation
There is suspicion that the G20 leaders attending the summit in London have got one eye on their domestic political audiences and another on the global outlook. ...
Thu 2nd April 2009 - 08:50am
Qld employee sackings triple in past year
A new survey shows the number of Queensland employers planning to cut staff has tripled in the past year. ...
Thu 2nd April 2009 - 08:49am
Housing proposal to ease shortage
The site of an old technical college in Hobarts northern suburbs could soon be developed for affordable housing under the federal stimulus package. ...
Thu 2nd April 2009 - 08:38am
Fortis puts back vote on takeover by BNP
BRUSSELS AFP - Fortis Holding on Wednesday put back to April 28 and 29 a shareholders vote on a new deal to sell off its Belgian banking operations to Frances BNP Paribas. ...
Thu 2nd April 2009 - 08:34am
US sales reports offer hope for ailing auto sector
WASHINGTON AFP - Modest signs of hope emerged Wednesday for the troubled auto industry as US sales reports for March showed heavy declines from a year ago but increases from weak levels a month earlier. ...
Thu 2nd April 2009 - 08:25am
Japan pays jobless migrants to go home
Recession-hit Japan on Wednesday started offering cash to jobless migrants of Japanese descent who are willing to go home amid the global downturn. ...
Thu 2nd April 2009 - 08:18am
Australia shares seen firmer on Wall St rally
Mining and gold stocks could get a boost from firmer metals and gold prices- though oil shares could come under pressure after oil fell more than $1 a barrel CLc1. ...
Thu 2nd April 2009 - 08:17am
Steep decline in confidence in Vic manufacturing- survey
A survey by recruitment firm Hudson shows the number of Victorian employers planning to shed staff now outweighs those planning to hire. ...
Thu 2nd April 2009 - 08:15am
King Island cattle ship refloated
A transport ship that beached on King Island early on Tuesday morning has been refloated. ...
Thu 2nd April 2009 - 07:45am
Madoff yacht seized- associates charged with fraud
NEW YORK AFP - US officials on Wednesday seized Wall Street conman Bernard Madoffs yacht and charged business associates who fed billions of dollars into his scheme with fraud. ...
Thu 2nd April 2009 - 07:22am
Black -amp Decker repeats Aussie Made error
Power tool maker Black and Decker has again been given a slap on the wrist by the competition watchdog because of misleading packaging. ...
Thu 2nd April 2009 - 07:19am
Obama- Hu vow to battle protectionism
LONDON AFP - US President Barack Obama and Chinese counterpart Hu Jintao agreed to fight protectionism and work to improve military ties at their first face-to-face meeting in London on Wednesday. ...
Thu 2nd April 2009 - 07:17am
HMP Constructions placed into voluntary administration
Contracting giant HMP constructions has appointed administrators to oversee debts totalling $150 million. ...
Thu 2nd April 2009 - 06:53am
France probes Michelin- Adidas- Elf over tax dodge
PARIS AFP - French prosecutors launched a preliminary investigation Wednesday into allegations that entities linked to Michelin- Adidas and Elf laundered the profits of tax evasion in Liechtenstein. ...
Thu 2nd April 2009 - 06:48am
Job losses in US private sector climb
WASHINGTON AFP - A new survey Wednesday showed a surprise surge in job losses in the US private sector in March- suggesting the recession in the worlds largest economy may push unemployment past 25-year highs. ...
Thu 2nd April 2009 - 03:47am
German car trade-in scheme a roaring success
FRANKFURT AFP - A German government funded auto trade-in scheme has been such a huge success- attracting nearly a million applications- that top officials called for buyers to be calm Wednesday. ...
Thu 2nd April 2009 - 03:38am
French workers release Caterpillar bosses
GRENOBLE- France AFP - French workers Wednesday released four managers held hostage for 24 hours at a Caterpillar bulldozer plant- after the US firm offered to reopen talks on layoffs under mediation by the state. ...
Thu 2nd April 2009 - 03:33am
Obama- Hu vow to battle protectionism
LONDON AFP - US President Barack Obama and Chinese counterpart Hu Jintao agreed to fight protectionism and work to improve military ties at their first face-to-face meeting in London on Wednesday. ...
Thu 2nd April 2009 - 02:38am
US private sector shed 742-000 jobs in March
WASHINGTON AFP - The US private sector shed a more than expected 742-000 jobs in March as employers slashed payrolls amid prolonged recession- payrolls firm ADP said Wednesday. ...
Thu 2nd April 2009 - 12:25am
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