News archive from 4 June 2013

Diamond IPO an option as Rio fails to find buyer

Diamond IPO an option as Rio fails to find buyer

Rio Tinto is pursuing an initial public offering of its gem unit, the world's largest supplier of natural coloured diamonds, after failing to find a buyer. Rio hired Morgan Stanley to oversee an IPO in London, a source said. The London-based company...

 

Diamond IPO an option as Rio fails to find buyer

For Rio Tinto, diamonds have lost their sparkle. Rio Tinto is pursuing an initial public offering of its gem unit, the world's largest supplier of natural coloured diamonds, after failing to find a buyer. Rio hired Morgan Stanley to oversee an IPO in...

TheAge, 09:07 in Business
 

Apple 'conspired' to raise ebook prices: lawyer

Apple conspired with publishers to raise the price of e-books in a scheme costing consumers "hundreds of millions of dollars," a US government lawyer said on Monday. A three-week trial got under way before a federal judge in New York in a...

 

Messy surcharge will encourage retirement

Eight years later, the Gillard government released draft legislation reintroducing a 15 per cent surcharge on the super contributions of taxpayers who earn more than $300,000. While far fewer taxpayers will be subject to this tax, and major exemptions...

 

Diamond IPO an option as Rio fails to find buyer

For Rio Tinto, diamonds have lost their sparkle. Rio Tinto is pursuing an initial public offering of its gem unit, the world's largest supplier of natural coloured diamonds, after failing to find a buyer. Rio hired Morgan Stanley to oversee an IPO in...

 

Apple 'conspired' to raise ebook prices: lawyer

Apple conspired with publishers to raise the price of e-books in a scheme costing consumers "hundreds of millions of dollars," a US government lawyer said on Monday. A three-week trial got under way before a federal judge in New York in a...

 

Apple 'conspired' to raise ebook prices: lawyer

Apple conspired with publishers to raise the price of e-books in a scheme costing consumers "hundreds of millions of dollars," a US government lawyer said on Monday. A three-week trial got under way before a federal judge in New York in a...

TheAge, 09:14 in Business
 

Messy surcharge will encourage retirement

Eight years later, the Gillard government released draft legislation reintroducing a 15 per cent surcharge on the super contributions of taxpayers who earn more than $300,000. While far fewer taxpayers will be subject to this tax, and major exemptions...

 
QantasLink denies extra flights sparked by Virgin push

QantasLink denies extra flights sparked by Virgin push

QantasLink denies it has increased the number of flights on its route in Queensland's southern inland to prevent rival Virgin from entering the market. QantasLink has announced six additional return flights per week on its Brisbane to Roma route....

ABC News, 09:20 in Business
 

Messy surcharge will encourage retirement

Eight years later, the Gillard government released draft legislation reintroducing a 15 per cent surcharge on the super contributions of taxpayers who earn more than $300,000. While far fewer taxpayers will be subject to this tax, and major exemptions...

 
Shark tourism will be worth more than shark soup: study

Shark tourism will be worth more than shark soup: study

Shark eco-tourism will soon generate more money than shark fisheries, according to a study by the University of British Columbia in Canada.Shark ecotourism currently generates more than US$314 million annually worldwide and is expected to more than...

ABC News, 09:33 in Business
 
Qld's Sunlander train on track to celebrate 60 years

Qld's Sunlander train on track to celebrate 60 years

Queensland's iconic Sunlander train celebrates its 60th birthday today.The Sunlander set off from Brisbane for the first time on June 4, 1953. Queensland Rail spokesman Martin Ryan says it was the state's first air-conditioned passenger train and...

ABC News, 09:33 in Business
 
Reserve to hold fire on rates

Reserve to hold fire on rates

Click to play video Return to video Video settings Please Log in to update your video settings Video will begin in 5 seconds. Don't play Play now More video Recommended Click to play video Rear Window Click to play video Making music Click to play...

 
Reserve to hold fire on rates

Reserve to hold fire on rates

Click to play video Return to video Video settings Please Log in to update your video settings Video will begin in 5 seconds. Don't play Play now More video Recommended Click to play video Rear Window Click to play video Making music Click to play...

TheAge, 10:01 in Business
 

Reserve to hold fire on rates

Click to play video Return to video Video settings Please Log in to update your video settings Video will begin in 5 seconds. Don't play Play now More video Recommended Click to play video Rear Window Click to play video Making music Click to play...

 
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