News ltd Business
- + Dollar falls as European worries worsen—THE dollar has plunged to its lowest level in almost six months as concern deepens about the euro zone debt crisis. [Link to media]
- + $35bn wiped off in sharemarket shocker—MARKET falls sharply to close as its lowest level for six months as investors fear the latest developments in troubled euro zone. [Link to media]
- + Gillard talks up Australian economy—PRIME Minister Julia Gillard says people can have confidence in the Australian economy, as other countries fight high levels of unemployment. [Link to...
- + Shares plummet to lowest level this year—AUSTRALIAN shares continue to tumble after investors panick over the debt crisis in Europe. [Link to media]
- + Spanish bank woes send dollar sliding—THE Australian dollar has fallen to its lowest level in almost six months on fears of a worsening European debt crisis. [Link to media]
- + Westpac 'runaway millionairess' found guilty—BLUNDER put $NZ10m into the account of Kara Hurring's partner. Instead of telling the bank, they went on the run. [Link to media]
- + Shares plummet to lowest level this year—AUSSIE shares fall more than 2 per cent after reports of a run on Spanish banks. [Link to media]
- + Big banks may have to raise $572b—THE world's biggest banks together may have to raise $US566 billion ($A572 billion) to meet new requirements for holding cushions against risk. [Link ...
- + Moody's downgrades 16 Spanish banks—MOODY'S has cut the debt ratings of 16 Spanish banks by one to three notches. [Link to media]
- + Facebook sets share price in $100bn float—INVESTOR demand is strong for the world's largest online social network with Facebook shares priced at $38. [Link to media]
- + Market set to open lower—THE Australian market looks set to open lower following big falls on US markets overnight and continued political uncertainty in Europe. [Link to medi...
- + Dollar down on eurozone fears—THE Australian dollar has fallen back below 99 US cents amid reports of widespread bank withdrawals in Spain and Greece. [Link to media]
- + Australia's next top boss: Where you'll work—VIRGIN Australia knocked from top spot as the most attractive employer to work for. So who took the prize? [Link to media]
- + Office workers told BYO tea and coffee—GOVERNMENT removes indoor plants and coffee and says the sandwiches are over. [Link to media]
- + Public servants told BYO tea and coffee—GOVERNMENT removes indoor plants, tea and coffee and says there will be no more sandwiches at meetings to save $100 million. [Link to media]
- + Cuppa cops bans coffee to save cash—PUBLIC servants have been ordered to bring their own tea and coffee and drive instead of fly on trips in a bid to save $100 million. [Link to media]
- + Aussie stocks close slightly lower—THE Australian share market closed slightly lower as Asian markets rallied and concerns about Greece's future eased temporarily. [Link to media]
- + Shares led lower by European leads—THE Australian market had lost value by noon, following weak overnight leads from the US and Europe. [Link to media]
- + Maccas to supersize its workforce—MCDONALD'S is set to almost double its Chinese workforce and open another 250 restaurants in the coming year in a push against rivals. [Link to media]
- + McDonald's to almost double Chinese workforce—MCDONALD'S is set to almost double its Chinese workforce and open another 250 restaurants in the coming year in a push against rivals. [Link to media]
- + Shoe firm gets kicked for butt claims—SKECHERS is to pay $40 million to settle claims that it deceived consumers by suggesting its shoes could help tone their butts. [Link to media]
- + Shares open higher—AUSTRALIAN shares have opened marginally higher after the CBA posted a profit of $1.7 billion for the three months to March. [Link to media]
- + CBA on track for $7bn profit—THE Commonwealth Bank posted a profit of $1.7 billion for the three months to March, but says higher funding costs reduced margins. [Link to media]
- + CBA on track for $7bn profit—THE Commonwealth Bank posted a profit of $1.7 billion for the three months to March, but says higher funding costs reduced margins.
- + Greece worries sink US markets—US stocks gave up early gains on positive US economic data to sink lower Wednesday as worries over Greece's future in the euro zone hit investor senti...
- + JP Morgan hit with lawsuit over loss—A CLASS-ACTION lawsuit has been filed against JP Morgan Chase after the bank lost more than $2 billion in derivatives trading. [Link to media]
- + Cigarettes sold cheap to win back customers—TOBACCO giant is forced to sell cheap smokes to win back market share from illegal products sold in Australia. [Link to media]
- + Dollar higher despite Greek woes—THE Australian dollar has moved back above 99 US cents despite a continuing slump in global stock markets, driven by fears Greece will exit the euro z...
- + Tatts the way some workers like to roll—VISIBLE tattoos are leaving a permanent mark in workplaces, with bosses devising policies to keep them hidden. [Link to media]
- + Jobs in jeopardy as major builder goes bust—UPDATE: THE NSW Government has accused St Hilliers of trying to avoid liability by placing its construction arm into administration. [Link to media]
- + Tatts the way some workers like to roll—Visible tattoos are leaving a permanent mark in some workplaces, with employers devising policies to stop workers showing them off. [Link to media]
- + Jobs in jeopardy as builder goes bust—HUNDREDS of construction jobs at risk after one of Australia's major building firms collapses. [Link to media]
- + Jobs in jeopardy as builder goes bust—HUNDREDS of construction jobs at risk after one of Australia's major building firm collapses. [Link to media]
- + No worries: heaps of Facebook shares on offer—FACEBOOK will increase the size of its initial public offering after higher than expected demand from investors. [Link to media]
- + $32bn wiped off ASX200 on Greece crisis jitters—STOCKS plunged to two-month lows, led by the resources sector, with $32 billion wiped from the value of the market. [Link to media]
- + Dollar down US1c as Greek poll looms—DOLLAR extends its fall below below parity with the US dollar as renewed worries about Greece weighs on the currency. [Link to media]
- + $23b wiped off ASX200 on Greece crisis jitters—AUSTRALIAN shares plunge as eurozone crisis enters a new dangerzone with the resources-linked sectors hit hardest. [Link to media]
- + Shares plunge on Greece crisis jitters—AUSTRALIAN stocks were down close to two per cent at noon with the resources-linked sectors doing it toughest. [Link to media]
- + Dollar down as Greece heads to election—THE Australian dollar has traded in a narrow range after falling sharply overnight on news Greece will face fresh elections. [Link to media]
- + World Bank agrees $2b loan for Indonesia—THE World Bank will give Indonesia with a $2 billion loan, a backstop against a potential debt crisis in one of Asia's fastest growing economies. [Lin...
- + Bad timing: Major advertiser defriends Facebook—CAR giant kills a $10 million Facebook campaign with other companies set to follow. [Link to media]
- + Market opens lower on Wall St falls—THE Australian share market has opened lower today after overnight falls on Wall Street and more uncertainty over Greece's political future. [Link to ...
- + Casual workers 'should get annual leave'—CASUAL workers should be given annual leave and bosses banned from keeping workers in unstable work. [Link to media]
- + Casual workers 'should get annual leave'—CASUAL workers should be given annual leave and bosses banned from keeping workers in unstable work, a report recommends. [Link to media]
- + Facebook loses major advertiser—AS it prepares for its highly anticipated IPO, Facebook dealt with the loss of General Motors as an advertiser. [Link to media]
- + Facebook loses major advertiser—AS it prepares for its highly anticipated IPO, Facebook dealt with the loss of General Motors as an advertiser. [Link to media]
- + Leaders push to keep eurozone together—FRANCOIS Hollande and German Chancellor Angela Merkel stress their desire to keep the eurozone together in key talks [Link to media]
- + JP Morgan boss dodges job bullet—UNDER-FIRE JPMorgan Chase chief executive Jamie Dimon narrowly defeated a shareholder move to significantly curb his powers. [Link to media]
- + JP Morgan boss dodges job bullet—UNDER-FIRE JPMorgan Chase chief executive Jamie Dimon narrowly defeated a shareholder move to significantly curb his powers. [Link to media]
- + US shares sink as euro crisis deepens—US stocks have sunk as speculation about Greece's potential exit from the eurozone continues. [Link to media]
- + US shares sink as euro crisis deepens—US stocks have sunk as speculation about Greece's potential exit from the eurozone continues. [Link to media]
- + Market set to open lower—THE Australian market looks set to open lower following falls on US markets overnight and political turmoil in Greece. [Link to media]
- + Dollar down as Greek talks fail—THE Australian dollar is three quarters of a US cent lower after talks between Greece's political parties failed. [Link to media]
- + Alcohol sales in future sights for Coke—ALCOHOL will once again become the real thing for Coca-Cola Amatil when it is cleared to re-enter the local beer market from next year. [Link to...
- + Local share market closes weaker—AUSTRALIAN stocks fell to a weaker close, dragged down by heavy losses among the resource stocks. [Link to media]
- + Failed bank boss walks with $32bn—THE executive behind JP Morgan Chase's stunning $US2 billion loss has left the bank and will leave with about $US32 million. [Link to media]
- + Greek crisis keeps dollar below parity—THE Australian dollar has traded in a tight range after concerns about Greece's political crisis saw it fall below parity with the US dollar. [Link to...
- + Greece's woes weigh on Australian shares—AUSTRALIAN shares were almost one per cent lower at noon, with the resources sector posting the largest losses. [Link to media]
- + Pac Brands says no takeover, for now—SHARES in clothing and footwear maker Pacific Brands have plunged after the company said there was no prospect of a takeover . [Link to media]
- + Maccas, KFC may cop supersized fat tax—MAJOR fast food outlets may be hit with rate hikes of up to 400 per cent in a move backed by health groups. [Link to media]
- + Maccas, KFC may cop fat tax—MAJOR fast food outlets may be hit with rate hikes of up to 400 per cent in a move backed by health groups. [Link to media]
- + Greek exit from eurozone looms large—WITH Greece perilously close to calling new elections, the prospect of a Greek exit from the eurozone looms large. [Link to media]
- + Want a piece of Facebook? Get in line—FACEBOOK may be the year's hottest stock issue - but try getting a piece of it. [Link to media]
- + Moody's cuts ratings for 26 Italian banks—RATINGS for Italian banks are now amongst the lowest within advanced European countries [Link to media]
- + Ladies, mind the ceiling. CEOs say no to women—MORE than two-thirds of Australia's CEOs say they have no plans to ensure women are included in senior management. [Link to media]
- + Dollar below parity as Greek fears mount—THE Australian dollar has fallen back below parity with its US counterpart as fears mount that Greece will exit the euro zone. [Link to media]
- + Greek uncertainty leaves US stocks in red—US stocks have closed firmly in the red as Greece's political stalemate drove new fears about the strength of the eurozone. [Link to media]
- + Ruthless rail company to slash up to 4500 jobs—RAILCORP expected to axe 20 per cent of the rail system's middle management. [Link to media]
- + Local shares close slightly higher—AUSTRALIAN shares have closed slightly higher, driven by gains in the telecommunications and financial sectors. [Link to media]
- + The real reason Yahoo's CEO resigned—SOURCES close to the company say it wasn't to do with the dodgy degree on his CV - it's because he has thyroid cancer. [Link to media]
- + Apple guru's 12 steps to success—HOW to achieve greatness the Steve Wozniak way: top of the list are secrecy and seeking out the unusual. [Link to media]
- + How to create an innovative workforce: Wozniak—SECRECY, having fun and figuring out ways to make life easier for the average Joe are three of the secrets to innovation, according to Apple co-founde...
- + Unions one step from being 'wiped off the map'—UNION chief warns HSU scandal and failure to connect with young workers has left the union movement at "breaking point". [Link to media]
- + Shares higher at noon—AUSTRALIAN shares were slightly higher at noon as the local market bounced back despite falls on Wall Street and European stocks. [Link to media]
- + Falling dollar won't hit dirt cheap prices - yet—UPDATE: Dollar drops below parity but TVs and overseas holidays are likely to stay dirt cheap - for a while at least. [Link to media]
- + Falling dollar won't hit dirt cheap prices yet—UPDATE: Dollar drops below parity but TVs and overseas holidays are likely to stay dirt cheap - for a while at least. [Link to media]
- + Dollar slips below parity - Greece to blame—DOLLAR drops below parity with greenback for first time in five months as investors get nervous over chaos in Greece. [Link to media]
- + Shares open firmer—THE Australian share market has opened slightly higher despite continued economic concerns across the euro zone. [Link to media]
- + Visy uses bikies as debt collectors—HELLS Angels bikies are allegedly acting as bad debt collectors for multibillion-dollar packaging group Visy, a report says. [Link to media]
- + Pope's advice for hard economic times—POPE Benedict XVI is promoting the church's prescription for coping with the economic crisis. [Link to media]
- + Bank chief admits credibility at stake—JP MORGAN Chase CEO admits that a $US2 billion ($A1.99 billion) loss on derivatives trades has jeopardised the bank's credibility. [Link to media]
- + European crisis is Japan's biggest risk—THE European debt crisis is the biggest risk for the Japanese economy, Prime Minister Yoshihiko Noda said. [Link to media]
- + Greek crisis deepens with no deal reached—GREECE can only afford to pay public servants until June. One small problem - they still don't have a Government. [Link to media]
- + Yahoo CEO diagnosed with cancer amid CV scandal—DISGRACED former Yahoo CEO Scott Thompson has disclosed to colleagues he has been diagnosed with cancer. [Link to media]
- + Yahoo! CEO departs amid resume error—YAHOO! CEO Scott Thompson has stepped down after coming under fire for mentions on his resume of a degree he never received. [Link to media]
- + Shares tipped to open firmer—AUSTRALIAN stocks are expected to open firmer as market players take their cues from Chinese government moves to ease banking requirements. [Link to m...
- + Visy 'uses Hells Angels as debt collectors'—CLAIMS police have recorded links between packaging company and Hells Angels. [Link to media]
- + 'Myopic' super tax grab under fire—A CHORUS of superannuation industry leaders has criticised the super changes in last week's Federal Budget. [Link to media]
- + Small business tax-time checklist—THE end of the financial year may cause headaches for small-to-medium business owners, but planning can make the June 30 deadline less ominous. [Link ...
- + Boss apologises for 'oxygen thieves' email slur—CHUBB Security boss forced to apologise after forwarding an email to staff which described them as "oxygen thieves". [Link to media]
- + If it's not a hoodie, it's Instagram. What next?—FACEBOOK frenzy spreads ahead of the market debut, with Zuckerberg's hoodie to Instagram sparking controversy. [Link to media]
- + Can Singapore serve as economic model for NKorea?—LESS than two weeks after being punished with new U.N. sanctions, North Korea has sent top economic officials to Singapore. [Link to media]
- + Fleet's owner leaves for US—STEPHEN Brown has left for the US, leaving millions of dollars debt and 1000 people out of work after 1st Fleet collapsed. [Link to media]
- + China, Europe spark market turbulence—US STOCKS took a beating last week, only to face more turbulence from Europe as Greece grapples with rising political uncertainty. [Link to media]
- + Unions want a tax on Australia's 'mega-rich'—UNIONS want a millionaires' tax similar to US President Obama's so-called "Buffett Rule". [Link to media]
- + Blow off: Job ads discriminate against smokers—JOB chances for cigarette lovers may go up in smoke with internet job advertisements specifying they need not apply. [Link to media]
- + Online ads tell smokers to butt out for jobs—JOB chances for cigarette lovers may go up in smoke with internet job advertisements specifying they need not apply. [Link to media]
- + Europe fears drag dollar close to parity—FEARS of a new financial crisis in the wake of Greece's elections have dragged the Australian dollar perilously close to parity with its US counterpar...
- + Local shares close lower—THE Australian share market has closed lower, after some bad news about the largest bank in the US, JPMorgan Chase, spooked investors. [Link to media]
- + Finally! ANZ cuts home, business rates—BANK trims its standard variable home loan and business lending rates - but doesn't pass on the whole cut. [Link to media]
- + Dick Smith attacks Aldi and Costco—ENTREPRENEUR says foreign retail giants Aldi and Costco are pushing local producers out of business. [Link to media]
- + High Court to hear bank fee challenge—THE High Court will hear a class action against the ANZ alleging it charged excessive fees for overdrafts and over-the-limit credit cards. [Link to me...
- + Dollar down on Euro worries—THE Australian dollar has fallen on continued concerns around the euro zone. [Link to media]
- + Stocks lower at noon after sluggish week—SHARES have fallen at noon after a sluggish week of trading on the local market. [Link to media]
- + Shares open higher—AUSTRALIAN stocks have opened flat as market players wait for key economic data from China. [Link to media]
- + JPMorgan admits shock $US2b loss—THE largest bank in the US, says it lost $US2 billion ($2 billion) on trades designed to hedge against risks the company takes with its own money. [Li...
- + Online scams cost $US485m in US in 2011—ONLINE scams including identity theft schemes, "advance fee" and "romance fraud" cost Americans some $US485 million ($A484.44 million)...
- + European concerns drag dollar down—THE Australian dollar has fallen as concerns linger around the Greek political situation. [Link to media]
- + Shares look set to open higher—THE Australian market looks set to open slightly higher following mixed performances on European and US markets overnight. [Link to media]
- + Conmen cashing in on your carbon confusion—ACCC demands solar panel spruikers "please explain" over claims carbon tax will increase electricity costs. [Link to media]
- + Child labour yes, exploition no: Di Bella—COFFEE entrepreneur Phillip Di Bella has been embroiled in a child labour scandal after admitting children as young as 12 work on farms his company bu...
- + Pickers see red at jobs going to visitors—HUNDREDS of strawberry pickers and packers are outraged they have been dumped in favour of cheaper workers sourced from overseas. [Link to media]
- + Olive growers hurt by cheap imports—OLIVE oil producers are battling for survival against a flood of cheap imports, much of it inferior and masquerading under false labels. [Link to medi...
- + Local market closes higher—THE Australian share market has closed higher, boosted by a better-than-expected unemployment rate and expectations that another cut to interest rates...
- + Olympic protests greet Rio shareholders—RIO Tinto shareholders at AGM confronted by unions protesting about resource's giant's involvement in the London Olympics. [Link to media]
- + Optus appeals to High Court in sports row—OPTUS says it will appeal a Federal Court ruling which effectively ended its TV Now service for its mobile phone customers. [Link to media]
- + Aussie shares higher at midday—AUSTRALIAN stocks were higher at noon, led by gains in resource companies and in defiance of a weak lead from Wall Street. [Link to media]
- + Qantas pilots lose federal court challenge—QANTAS pilots have lost their Federal Court challenge to a ban preventing them from taking industrial action. [Link to media]
- + Unemployment rate falls to 4.9 per cent—THE jobless rate unexpectedly fell to 4.9 per cent in April thanks to more part-time jobs, but full-time jobs dropped by 10,500. [Link to media]
- + Sharemarket opens slightly higher—AUSTRALIAN shares opened slightly higher despite sharp falls on Wall Street and on European markets. [Link to media]
- + Laid-off workers to get millions in payouts—DOZENS of manufacturing workers set to be fast-tracked millions in unpaid entitlements. [Link to media]
- + Laid-off workers set to get millions in payouts—DOZENS of manufacturing workers set to be fast-tracked millions in unpaid entitlements. [Link to media]
- + Optus reports $787 million profit—OPTUS has managed to lift its annual net profit by 1.5 per cent to $787 million despite intense competition from its telco rivals. [Link to media]
- + Lynx effect taking over a house near you—DEODORANT brand pulls marketing stunt in inner Sydney, taking over a terrace house and filling it's windows with 'invisible ads'. [Link to media]
- + Aussie dollar lower on Greek concerns—THE Australian dollar continues to push downwards on fears that Greek politicians will be unable to form a government. [Link to media]
- + The Insider Network - Facebook's IPO and the people getting rich off it—FACEBOOK'S emergence on the US stock market will make some smart kids very rich, and some rich people even richer. [Link to media]
- + Shares to open lower on overseas leads—AUSSIE market set to open lower after overseas bourses fell, as investors sought shelter from political upheaval in France and Greece. [Link to media]
- + NAB first half profit falls to $2.05 billion—NATIONAL Australia Bank's first half net profit fell 15 per cent due to struggling UK operations. [Link to media]
- + Unemployment rate to rise - economists—AUSTRALIA'S unemployment rate is likely to have risen in April, economists say ahead of the ABS release of labour force data today. [Link to media]
- + News Corp third quarter profit up 47pc—RUPERT Murdoch's News Corporation has reported a 47 per cent lift in third-quarter net profit to $929.8 million. [Link to media]
- + Ferrari damages ancient Chinese landmark—ANGER at officials after a Ferrari sports car left track marks on a 600-year-old Chinese relic during a publicity stunt. [Link to media]
- + The faces of Facebook: The rich will get richer—FACEBOOK'S emergence on the US stock market will make some smart kids very rich, and some rich people even richer. [Link to media]
- + BHP Billiton 'fails worker obligations'—RESOURCES giant BHP Billiton failed to adequately consult workers after ordering the closure of a Queensland mine, a tribunal has found. [Link to medi...
- + BHP Billiton giant 'fails worker obligations'—RESOURCES giant BHP Billiton failed to adequately consult workers after ordering the closure of a Queensland mine, a tribunal has found. [Link to medi...
- + Airline on schedule for mines services—A NEW airline aims to soar where others have failed by targeting the lucrative fly-in fly-out mining market. [Link to media]
- + Rinehart turns tables on her children—GINA Rinehart turned her family's trust dispute on its head, with a bold move revealed in court which puts her children at risk of financial ruin. [Li...
- + Dress down at work - wear an ice bra—A JAPANESE underwear company has launched a bra with built-in ice packs to keep women cool this northern summer. [Link to media]
- + Dress down at work - wear an ice bra—A BRA with built-in ice packs, a wind chime and a sprig of mint has been unveiled in Japan, promising to keep women cool this summer. [Link to media]
- + Australian stocks end lower on Greek concerns—AUSTRALIAN share market closes lower over the uncertain future of austerity measures aimed at stabilising debt-ridden countries. [Link to media]
- + Budget 2012 Case Study: The small business owner—YESTERDAY'S Budget gave with one hand, and took with the other for Australia's 2.7m small businesses. [Link to media]
- + Rinehart children get their money...or maybe not—MINING magnate allows children access to family trust. They are now entitled to dividends - but only if their mum pays them. [Link to media]
- + Rinehart children get their money...or maybe not—MINING magnate allows children access to family trust. They are now entitled to dividends - but only if their mum pays them. [Link to media]
- + Rinehart children get their money...or do they?—MINING magnate allows children access to family trust. They are now entitled to dividends - but only if their mum pays them. [Link to media]
- + Ford on collision course after $290m loss—TROUBLED local car manufacturer records its worst ever financial result, a $290 million after-tax loss. [Link to media]
- + Ford on collision course after $290m loss—TROUBLED local car manufacturer records its worst ever financial result, a $290 million after-tax loss. [Link to media]
- + David Jones in management restructure—UPMARKET department store David Jones has announced new executive roles and the loss of a number of senior positions. [Link to media]
- + David Jones in management restructure—UPMARKET department store David Jones has announced new executive roles and the loss of a number of senior positions. [Link to media]
- + Centro verdict 'a win for shareholders'—THE success of a $200 million class action case against the property group Centro Retail Australia is "a win for all Australian investors". [L...
- + Centro verdict 'a win for shareholders'—THE success of a $200 million class action case against the property group Centro Retail Australia is "a win for all Australian investors". ...
- + Dollar lower on Budget commentary—THE Australian dollar has fallen almost one US cent on commentary on the Budget and concerns about eurozone debt. [Link to media]
Last new 18/5/12 7:07pm.
