News archive from 11 October 2013

The state's peak business lobby downgrades economic growth predictions

The state's peak business lobby downgrades economic growth predictions

Western Australia's Chamber of Commerce and Industry has downgraded its expected growth rates for the West Australian economy this financial year. The CCI had forecast 5.75 per cent growth but has revised it down to five per cent, after its business...

ABC News, 10:05 in Business
 
Westpac to buy UK bank Lloyds' Australian assets

Westpac to buy UK bank Lloyds' Australian assets

Westpac has announced a deal to buy the some of the Australian assets of Lloyds Banking Group for $1.45 billion as the UK bank exits Australia.The agreement will see Westpac take over the asset finance business Capital Finance Australia Ltd (CFAL) and...

ABC News, 10:15 in Business
 
Chevron pilloried for recruitment form asking about stillbirths, sterilisation

Chevron pilloried for recruitment form asking about stillbirths, sterilisation

A West Australian applicant, Rae*, told Fairfax Media this week that filling out the seven-page form had been a "traumatic experience". The form asks whether applicants have ever been pregnant and, if so, how many times; how many abortions...

 

Barack Obama rejects Republican Party's proposal to avoid hitting debt ceiling

Mr. Boehner and his colleagues left after about an hour and a half without speaking to waiting reporters. The Republican proposal could come to a vote as soon as Friday. But the White House and Congressional Democrats remained skeptical that House...

 
Starbucks asks customers to sign petition

Starbucks asks customers to sign petition

STARBUCKS better known for its piping hot coffee, is throwing itself in the middle of yet another heated national debate. The world's biggest coffee chain said Thursday that it will ask U.S. customers and businesses to sign a petition calling for an...

 
Republicans offer short-term debt extension

Republicans offer short-term debt extension

URGENT efforts to prevent an economy-tanking national default rose and then retreated with astonishing swiftness on Thursday, as House Republicans softened their longstanding demands and the White House appeared agreeable to a compromise, only for...

 

Markets Live: ASX opens sharply higher

10:18am: IG analyst Stan Shamu looks at what could happen on the ASX today. It will be a day where cyclical names outperform as they respond to favourable risk appetite. BHP's ADR is pointing to a 1.4% rise to 35.10 and we expect to see similar gains...

TheAge, 10:22 in Business
 
Chevron pilloried for recruitment form asking about stillbirths, sterilisation

Chevron pilloried for recruitment form asking about stillbirths, sterilisation

A West Australian applicant, Rae*, told Fairfax Media this week that filling out the seven-page form had been a "traumatic experience". The form asks whether applicants have ever been pregnant and, if so, how many times; how many abortions...

 

Barack Obama rejects Republican Party's proposal to avoid hitting debt ceiling

Mr. Boehner and his colleagues left after about an hour and a half without speaking to waiting reporters. The Republican proposal could come to a vote as soon as Friday. But the White House and Congressional Democrats remained skeptical that House...

 
Markets Live: ASX opens sharply higher

Markets Live: ASX opens sharply higher

10:18am: IG analyst Stan Shamu looks at what could happen on the ASX today. It will be a day where cyclical names outperform as they respond to favourable risk appetite. BHP's ADR is pointing to a 1.4% rise to 35.10 and we expect to see similar gains...

 

Markets Live: ASX opens sharply higher

10:18am: IG analyst Stan Shamu looks at what could happen on the ASX today. It will be a day where cyclical names outperform as they respond to favourable risk appetite. BHP's ADR is pointing to a 1.4% rise to 35.10 and we expect to see similar gains...

 
Chevron pilloried for recruitment form asking about stillbirths, sterilisation

Chevron pilloried for recruitment form asking about stillbirths, sterilisation

An industrial lawyer has questioned the legality of a recruitment form used by energy company Chevron which asks prospective employees how many stillbirths they have had. A West Australian applicant, Rae*, told Fairfax Media this week that filling out...

 

Barack Obama rejects Republican Party's proposal to avoid hitting debt ceiling

Mr. Boehner and his colleagues left after about an hour and a half without speaking to waiting reporters. The Republican proposal could come to a vote as soon as Friday. But the White House and Congressional Democrats remained skeptical that House...

 
Second Sydney airport site to be identified within months, Deputy PM Warren Truss says

Second Sydney airport site to be identified within months, Deputy PM Warren Truss says

A decision on the location of Sydney's second airport will be made within months, with the Federal Government giving the strongest indication yet that Badgery's Creek is the preferred option.Deputy Prime Minister Warren Truss said this morning that...

ABC News, 10:54 in Business
 

Shares open higher

THE Australian share market has opened more than one per cent higher. At 10.10am AEDT today, the benchmark S&P/ASX200 index was up 63.9 points, or 1.24 per cent, at 5211.0, while the broader All Ordinaries index was up 62.5 points, or 1.21 per...

 
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