Finance News, Sunday 11th September 2011
Australia shares seen sinking on European debt fears
MARKETS-AUSTRALIA-STOCKS-Australia shares seen sinking on European debt fears ...Sun 11th September 2011 - 11:10pm
Pressure mounts over new Gunns offer
There is increasing pressure on the State Government to reach a deal with Gunns to buy back its native forest contracts.The Premier made a second offer to the timber company on Friday.The amount of money ... ...Sun 11th September 2011 - 10:40pm
New offer for Gunns
The Tasmanian Government has confirmed it has finalised a revised offer to timber company Gunns for retiring its residual rights to public native forests.The timber company rejected the governments ... ...Sun 11th September 2011 - 10:22pm
Aussie- NZ on defensive as euro hammered
MARKETS-AUSTRALIA-FOREX-Aussie- NZ on defensive as euro hammered ...Sun 11th September 2011 - 09:55pm
BHP reaches impasse with unions in mining dispute
The Construction- Forestry- Mining and Energy Union CFMEU says there is little chance BHP Billitons employees in the Bowen Basin in central Queensland will accept a new enterprise agreement.The ... ...Sun 11th September 2011 - 09:41pm
Asian shares tumble on European debt fears
Asian stock markets slumped and the euro dived to a 10-year low against the yen on Monday as concerns grew that Greece would default on its debt repayments amid a warning from Germany.Big losses in Europe ... ...Sun 11th September 2011 - 06:26pm
Asian shares tumble on European debt fears
Asian stock markets slumped and the euro dived to a 10-year low against the yen on Monday as dealers grew concerned that Greece would default on its debt repayments amid a warning from Germany.Big losses ... ...Sun 11th September 2011 - 05:36pm
Auto makers defy crisis at IAA motor show
Clouds may be gathering over the global economy- but auto makers are revving up to try and dispel any gloom with nearly 90 new models at the worlds biggest motor show- the IAA.With more than 1-000 ... ...Sun 11th September 2011 - 12:03pm
Britains banks await shake-up plans
Plans for a major shake-up of Britains banks are revealed on Monday when a government-appointed commission publishes final recommendations aimed at avoiding further state bailouts of lenders.However ... ...Sun 11th September 2011 - 12:01pm
EU powers go to battle with Brussels over budget
A band of EU powers including Britain- France and Germany plan to do battle with Brussels over its next budget Monday- saying we need to spend better- not spend more- diplomats said.Europe ... ...Sun 11th September 2011 - 10:57am
Greece announces new budget cuts for 2011
Debt-ridden Greece Sunday announced some two billion euros in new budget cuts demanded by the EU and the IMF for its rescue package- as Germany warned a Greek orderly default could not be ruled ... ...Sun 11th September 2011 - 09:56am
Germany keen to buy solar-generated electricity from Greece
Greek Prime Minuster Georges Papandreou confirmed Sunday that Germany was keen to import solar-generated electricity from debt-ridden Greece.He told a press conference in Salonika that he planned to travel ... ...Sun 11th September 2011 - 08:53am
EU Commission eyes accord on next Greek loan
The European Commission announced Sunday it will send in the next few days a team of experts to Athens tasked with concluding work on a new tranche of a rescue package for debt-ridden Greece ... ...Sun 11th September 2011 - 08:01am
Tsunami to hit Aussie real estate- claim
Australias love affair with property is about to turn sour as an economic tsunami looks set to hit world markets- American economic forecaster Harry Dent says.Mr Dent- who arrived in Australia ... ...Sun 11th September 2011 - 06:43am
Tsunami to hit Aust real estate
Australias love affair with property is about to turn sour as an economic tsunami looks set to hit world markets- American economic forecaster Harry Dent says.Mr Dent- who arrived in Australia ... ...Sun 11th September 2011 - 06:39am
ACCC to monitor bids for Franklins
The competition watchdog says it will closely monitor any attempt by Coles or Woolworths to buy Franklins stores and block any sales that lessen competition.The Australian Competition and Consumer Commission ... ...Sun 11th September 2011 - 06:20am
Jordan PM in Iraqi Kurdistan for economic talks
Jordanian Prime Minister Maaruf Bakhit arrived in Iraqs autonomous Kurdish region on Sunday leading a delegation of ministers and businessmen for a Jordan-Kurdistan conference- an official said.He ... ...Sun 11th September 2011 - 05:32am
Iraq plans increased oil output by end of 2011
Iraqi Oil Minister Abdelkarim al-Luaybi said on Sunday that his country is seeking to produce three million barrels of crude per day by the end of the year.We seek with international companies to ... ...Sun 11th September 2011 - 05:31am
Strike off irresponsible bankers- Miliband
Bankers in Britain who behave irresponsibly should be thrown out of the profession- the leader of the opposition Labour party said Sunday ahead of the publication of plans for a major shake-up of the sector.Ed ... ...Sun 11th September 2011 - 04:39am
Credit Suisse says provided customer data to US
Swiss banking giant Credit Suisse on Sunday said it had provided Washington statistical data on US clients- local media reported.Credit Suisse has provided statistical information on its US customers- ... ...Sun 11th September 2011 - 04:17am
Greece announces new budget cuts for 2011
Greek Finance Minister Evangelos Venizelos on Sunday announced new budget cuts totalling around two billion euros as demanded by the European Union and the IMF in exchange for a rescue package for the ... ...Sun 11th September 2011 - 03:55am
Inter-Korean gas link may be pipe dream- experts
A multi-billion dollar plan to funnel Russian natural gas to South Korea via its North Korean neighbour may be just a pipe dream despite major potential economic and political benefits- experts say.The ... ...Sun 11th September 2011 - 02:19am
Western Power travel expenses questioned
Western Power executives spent more than 1.2 million on overseas and domestic travel last financial year.In the 12 months to June the 30th- Western Powers management spent more than 380-000 on overseas ... ...Sun 11th September 2011 - 02:01am
Medvedev orders airline shutdown after crash
Russian President Dmitry Medvedev on Sunday ordered his government to shut down unreliable airlines after 43 people were killed in a chartered plane crash that all but wiped out a top ice hockey team. ... ...Sun 11th September 2011 - 12:20am
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