Finance News, Sunday 24th July 2011

GrainCorp acquires German maltster

Grains marketer and maltster GrainCorp has boosted its malting operations- agreeing to buy maltster GermanMalt GmbH -amp Co KG for an enterprise value of about 77 million.GrainCorp said the acquisition would ... ...

Hope Kangaroo Is airport expansion will take off

The South Australian Government wants to upgrade and expand Kangaroo Islands airport to cope with more tourists.The Government has commissioned a business study into the airport as part of a range ... ...

Hope Kangaroo Is airport expansion will take off

The South Australian Government wants to upgrade and expand Kangaroo Islands airport to cope with more tourists.The Government has commissioned a business study into the airport as part of a range ... ...

Australia shares seen treading water ahead of U.S. debt news

MARKETS-AUSTRALIA-STOCKS-Australia shares seen treading water ahead of U.S. debt news ...

Tasmania slow to recover from GFC

The latest Access Economics Business Outlook report has found Tasmania has been slow to recover from the global financial crisis.The report for the June quarter shows Tasmanias economy did not suffer ... ...

Canberra becoming a one company town

A new report suggests the ACT economy is at risk of over-dependence on Federal Government spending.Deloitte Access Economics latest quarterly outlook has found one in two Canberra workers are employed ... ...

Airport trains halted by signal problems

Trains to Sydney Airport have been suspended this morning because of signal problems on the line.Services that should be running between Central Station and Wolli Creek are being diverted via Sydenham.Replacement ... ...

Canberra becoming a one company town

A new report suggests the ACT economy is at risk of over-dependence on Federal Government spending.Deloitte Access Economics latest quarterly outlook has found one in two Canberra workers are employed ... ...

Voters warming to carbon tax- poll

The latest Newspoll shows public support for the carbon tax has risen 6 per cent since the details of the carbon pricing scheme were revealed by Prime Minister Julia Gillard.The poll published in todays ... ...

Arkaroola wilderness mining ban welcomed

There is wide praise for a decision to prevent mining in the remote Arkaroola wilderness region of outback South Australia.Premier Mike Rann and ministers have flown to the region to announce the SA Government ... ...

Voters warming to carbon tax- poll

The latest Newspoll shows public support for the carbon tax has risen 6 per cent since the details of the carbon pricing scheme were revealed by Prime Minister Julia Gillard.The poll published in todays ... ...

Voters warming to carbon tax- poll

The latest Newspoll shows public support for the carbon tax has risen 6 per cent since the details of the carbon pricing scheme were revealed by Prime Minister Julia Gillard.The poll published in todays ... ...

Voters warming to carbon tax- poll

The latest Newspoll shows public support for the carbon tax has risen 6 per cent since the details of the carbon pricing scheme were revealed by Prime Minister Julia Gillard.The poll published in todays ... ...

Spains indignants protest after walking across country

Thousands of Spains indignant protesters- including hundreds who crossed the country on foot- marched through Madrid to demonstrate against high unemployment and the economic crisis.Six ... ...

Tension mounts as US seeks to avert default

The White House and top lawmakers have struggled for a deal to save the worlds richest country from a disastrous default on its debt- amid fears of a panicked reaction from investors around the globe.With ... ...

US rushes to avert disastrous default

The White House and top lawmakers have struggled for a deal to save the worlds richest country from a disastrous default on its debt- amid fears of a panicked reaction from investors around the globe.With ... ...

Democrats still oppose short-term US debt plan

US President Barack Obama and Democratic congressional leaders Sunday renewed their opposition to any short-term plan to raise the US debt ceiling- a White House official said.Obama met with Senate Majority ... ...

US rushes to avert disastrous default

The White House and top US lawmakers scrambled Sunday for a deal to stop the worlds richest country from ruinous default on its debt- hours before Asian financial markets opened.President Barack Obama ... ...

US rushes to avert disastrous default

The White House and top US lawmakers scrambled Sunday for a deal to stop the worlds richest country from ruinous default on its debt- hours before Asian financial markets opened.President Barack Obama ... ...

Obama to meet top Democratic allies on debt

President Barack Obama was to meet with his top Democratic allies in the US Congress at 6-00 pm 2200 GMT Sunday to discuss efforts to avert a disastrous US debt default- an official said.Democratic Senate ... ...

Watching the debate- US markets show no panic yet

Market experts are closely following the US debt ceiling talks- but they appear more worried about the economic impact of failure to reach an accord rather than a dramatic slide in the stock market.Still- ... ...

US rushes to avert disastrous default

The White House and top lawmakers scrambled Sunday for a deal to stop the worlds richest country from an unthinkable and ruinous default on its debt- hours ahead of the opening of Asian financial ... ...

Spains indignants protest after walking across country

Thousands of Spains indignant protesters- including hundreds who crossed the country on foot- marched through Madrid Sunday to demonstrate against high unemployment and the economic crisis.Six ... ...

PM signs historic forest peace deal

A peace deal has been signed that will see more Tasmanian forests protected from logging.Prime Minister Julia Gillard signed the historic Heads of Agreement with Tasmanian Premier Lara Giddings in Hobart ... ...

Thousands of federal aviation workers furloughed

Millions of dollars in US airport taxes went uncollected Sunday while thousands of federal workers were out of work for a second day- following Congress failure last week to pass a bill keeping the ... ...

PM signs Tasmanian forest peace deal

A peace deal has been signed that will see more Tasmanian forests protected from logging.Prime Minister Julia Gillard signed the historic Heads of Agreement with Tasmanian Premier Lara Giddings in Hobart ... ...

PM signs Tasmanian forest peace deal

A peace deal has been signed that will see more Tasmanian forests protected from logging.Prime Minister Julia Gillard signed the historic Heads of Agreement with Tasmanian Premier Lara Giddings in Hobart ... ...

Siemens boss Loscher to stay until 2017- reports

Siemens is to extend the contract of its boss Peter Loscher until 2017- according to a report in German daily Handelsblatt due to be published on Monday.Sources close to the German company quoted by the ... ...

PM signs Tasmanian forest peace deal

A peace deal has been signed that will see more Tasmanian forests protected from logging.Prime Minister Julia Gillard signed the historic Heads of Agreement with Tasmanian Premier Lara Giddings in Hobart ... ...

Top senator warns US reaching brink

President Barack Obama and top US lawmakers searched for an elusive deal on Sunday necessary to avert an unprecedented debt default by the United States that economists warn could have a catastrophic ripple ... ...

Israel approves new Eilat international airport

Israels cabinet on Sunday approved plans for a new international airport near the southern resort town of Eilat- Israeli Prime Minister Benjamin Netanyahu said.Speaking ahead of his weekly cabinet ... ...

US rushes to avert disastrous default

The White House and top lawmakers hurriedly hunted Sunday for a deal to stop the worlds richest country from an unthinkable and ruinous default on its debt just hours before Asian markets were to ... ...

US will not default- Treasury chief says

A top US official predicted on Sunday that the worlds leading economy would not default on its massive debt- as lawmakers grappled for a deal just hours before Asian markets were set to open.Its ... ...

US will not default- Treasury chief says

A top US official predicted on Sunday that the worlds leading economy would not default on its massive debt- as lawmakers grappled for a deal just hours before Asian markets were set to open.Its ... ...

US debt default not going to happen- Geithner

The United States will not default on its debt- US Treasury Secretary Timothy Geithner said Sunday- as the clock ticks down to reaching a deal by August 2 to raise the nations debt ceiling.Its ... ...

Deutsche Bank to name co-CEOs on Tuesday

Deutsche Bank will appoint on Tuesday an Indian investment banker and a German executive to run jointly Germanys biggest private lender from mid-2012- press reports said Sunday.Anshu Jain- currently ... ...

US debt default not going to happen- Geithner

The United States will not default on its debt- US Treasury Secretary Timothy Geithner said Sunday- as the clock ticks down to reaching a deal by August 2 to raise the nations debt ceiling.Its ... ...

Congress leaders work on new US debt deal

Congressional leaders say theyre working on a framework for a new plan to avert a disastrous US debt default after meeting for 50 minutes with President Barack Obama.Democratic House Minority Leader ... ...

Rapid growth of high-speed rail in China

China only opened its high-speed rail service to passengers four years ago- but it now boasts the worlds biggest network- with more than 8-300 kilometres of track - a figure that is growing rapidly.Trains ... ...

Top senator warns US reaching brink of default

President Barack Obama and top US lawmakers searched for an elusive deal Sunday necessary to avert an unprecedented debt default by the United States that economists warn could have a catastrophic ripple ... ...
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