Archive for August, 2010

Sick train drivers under scrutiny

Saturday, August 28th, 2010

The Public Transport Authority (PTA) has moved to reassure commuters that there will not be a repeat of an incident yesterday in which about two thirds of Perth's train drivers called in sick. View full post on ABC News: Business

Australia shares end week down, earnings rush slows

Saturday, August 28th, 2010

(Adds comments, details) By Victoria Thieberger View full post on Market news | ninemsn Money

Bernanke still confident despite sluggish US growth

Saturday, August 28th, 2010

Ben Bernanke says the US federal reserve is ready to boost growth after lower than expected GDP figures. View full post on ABC News: Business

Council backs Hampshire pulp mill option

Friday, August 27th, 2010

Burnie City Council says it is would be 'more than willing' to back Hampshire as a viable alternative to Gunns' Tamar Valley pulp mill. View full post on ABC News: Business

Australia shares sluggish on U.S. economic worries

Friday, August 27th, 2010

SYDNEY, Aug 27 (Reuters) - Australian stocks are set for asluggish start after the Dow Jones industrial average fellbelow 10,000 for the first time since July 6, but higher basemetals price and stronger-than-expected U.S. jobs data couldlimit losses. New U.S. jobless claims fell more than expected last week-- to ...

South African workers hold mass protests over wages

Friday, August 27th, 2010

Thousands of striking public service workers have marched through major cities across South Africa on the ninth day of a crippling strike that unions have vowed to intensify. View full post on ABC News: Business

IAG profit halves amid stormy weather

Thursday, August 26th, 2010

Insurance Australia Group's full-year profit has halved, with severe storms in Melbourne and Perth earlier this year contributing to a blow-out in claims. View full post on ABC News: Business

Australia shares seen mixed; global woes to weigh

Thursday, August 26th, 2010

SYDNEY, Aug 26 (Reuters) - Australian shares are expectedto have a mixed start on Thursday as weak U.S. data feedsworries of a double-dip recession but four days of fall in theindex may trigger some buying. Soft metal prices and political uncertainty in Australiacould influence stocks, while earnings announcements from ...

Westpac plans $660m Samurai bond: source

Thursday, August 26th, 2010

Five-year bond priced 49-54 basis points over swaps. 24 Aug 2010 12:51 PM View full post on WBC | RSS Business News Feed | Business Spectator

Forests peace plan revealed

Thursday, August 26th, 2010

Loggers would stop felling publicly-owned native forests in exchange for conservationists agreeing to a go-ahead for a plantation-based Tamar Valley pulp mill, under a draft Tasmanian forests peace plan. View full post on ABC News: Business