Archive for the ‘News’ Category

UK watchdog fines Goldman Sachs $29m

Friday, September 10th, 2010

A British watchdog has hit Wall Street bank Goldman Sachs with a fine of 17.5 million pounds ($29 million) for information failures tied to US fraud charges. View full post on ABC News: Business

Australia shares rise on NAB rally, employment jump

Thursday, September 9th, 2010

* AXA down 6.6 percent on big volumes after NAB bid blocked * NAB up 3.7 percent at one-month high View full post on Market news | ninemsn Money

Opposition to coal mining proposal intensifies

Thursday, September 9th, 2010

The Premier Colin Barnett says he has had a meeting with the Margaret River winery owner, Michael Wright, about a proposed coal mine in the area. View full post on ABC News: Business

Many to blame for Gulf of Mexico oil spill: BP

Thursday, September 9th, 2010

Failures by several parties led to the Gulf of Mexico oil disaster, British energy group BP concluded in the results of an internal inquiry published today. View full post on ABC News: Business

Australia shares dip; Telstra, Foster’s buck trend

Wednesday, September 8th, 2010

(Updates to provisional close) SYDNEY, Sept 8 (Reuters) - Australian stocks fell 0.8percent on Wednesday to their lowest level in nearly a week,weighed down by financials and miners on concerns over theimpact of new regulations on European banks, and an impendingmining tax at home. View full post on Market news ...

Katter braces for ‘big challenges’ ahead

Wednesday, September 8th, 2010

Independent MP Bob Katter says he thinks he will still be able to influence government policy in the new Federal Parliament. View full post on ABC News: Business

Reserve holds rates, ‘no urgency to hike’

Wednesday, September 8th, 2010

The Reserve Bank has surprised no-one with its decision to keep interest rates on hold for the fourth straight month. View full post on ABC News: Business

Australia shares dip after Labor wins government

Tuesday, September 7th, 2010

(Updates mining stocks, Telstra after independents back Labor) MELBOURNE, Sept 7 (Reuters) - Australian stocks dipped onTuesday, dragged lower by mining shares after Prime MinisterJulia Gillard's Labor party secured a majority to form the nextgovernment, ending two weeks of uncertainty. [ID:nSYU010592] View full post on Market news | ninemsn Money

Human error blamed for 80-tonne fish kill

Tuesday, September 7th, 2010

There has been a big die-off of kingfish raised by aquaculture company Clean Seas in SA. View full post on ABC News: Business

Big banks extend hand to Victorian flood victims

Tuesday, September 7th, 2010

Home loan repayments suspended, credit card relief offered. 6 Sep 2010 3:30 PM View full post on WBC | RSS Business News Feed | Business Spectator