Archive for July, 2010

UPDATE 8-Oil rises to near $79, gains 4.35 pct in July

Saturday, July 31st, 2010

* US Q2 GDP expands at 2.4 pct annual rate, slows from Q1 * Midwest business activity data improves, supports oil View full post on Market news | ninemsn Money

Beef industry wants tougher laws on meat labelling

Saturday, July 31st, 2010

The Australian Beef Association says the New South Wales Government has bowed to pressure from supermarkets about new meat labelling laws. View full post on ABC News: Business

BA losses widen on strike action, ash cloud

Saturday, July 31st, 2010

British Airways has revealed its net losses have widened to 122 million pounds ($211 million) in its first quarter as strike action and the volcanic ash cloud grounded flights. View full post on ABC News: Business

Australia shares slip 0.7 percent; Macquarie falls

Friday, July 30th, 2010

(Adds detail) By Narayanan Somasundaram and Adrian Bathgate View full post on Market news | ninemsn Money

Virgin wheel drama blamed on manufacturing fault

Friday, July 30th, 2010

The Australian Transport Safety Bureau (ATSB) has found a manufacturing problem caused a nose wheel to fall off a Virgin Blue plane while it was taxiing at Melbourne Airport. View full post on ABC News: Business

Banks face funding model restructure: report

Friday, July 30th, 2010

Westpac CFO fears commercial debt demand fading. 29 Jul 2010 12:41 PM View full post on WBC | RSS Business News Feed | Business Spectator

New Rosebery mine report rejects poisoning claims

Friday, July 30th, 2010

Some residents of Rosebery on Tasmania's west coast are refusing to accept another report that dismisses their claims of heavy metal poisoning from the town's mine. View full post on ABC News: Business

Australia shares dip modestly, banks uncover buyers

Thursday, July 29th, 2010

* Miners prop up market * Aston Resources to sell shares View full post on Market news | ninemsn Money

Property price gains expected to slow

Thursday, July 29th, 2010

Australians are expecting a slowdown from last year's breakneck property price growth to continue over the next 12 months. View full post on ABC News: Business

Unions launch ads against WorkChoices

Thursday, July 29th, 2010

Labor's closest friend and confidant, the unions, have launched their advertising campaign promising to do their best to see that Tony Abbott is not elected as the next prime minister. View full post on ABC News: Business