News archive from 13 April 2013

Gold plunges into bear-market territory

Gold sank more than 5 per cent on Friday, entering bear-market territory as institutional investors fled bullion in favour of other safe-haven assets amid concerns about central bank sales and souring sentiment. The breadth of the sell-off will...

 

Saviour needed for Australia's auto industry

That question became a live one this week after the country's biggest car manufacturer, General Motors Holden, shocked everyone when it announced it was shedding an eighth of its local workforce. It said it planned to cut 400 jobs from its car...

 

Oil falls to nine-month low

The cross-commodity rout started in gold on Friday after the precious metal fell below $US1500 an ounce for the first time since July 2011. An unexpected contraction in US retail sales added to pressure on oil, grains and metals as investors moved...

 

Gold plunges into bear-market territory

Gold sank more than 5 per cent on Friday, entering bear-market territory as institutional investors fled bullion in favour of other safe-haven assets amid concerns about central bank sales and souring sentiment. The breadth of the sell-off will...

 

Saviour needed for Australia's auto industry

That question became a live one this week after the country's biggest car manufacturer, General Motors Holden, shocked everyone when it announced it was shedding an eighth of its local workforce. It said it planned to cut 400 jobs from its car...

 

Oil falls to nine-month low

The cross-commodity rout started in gold on Friday after the precious metal fell below $US1500 an ounce for the first time since July 2011. An unexpected contraction in US retail sales added to pressure on oil, grains and metals as investors moved...

 

Gold plunges into bear-market territory

Gold sank more than 5 per cent on Friday, entering bear-market territory as institutional investors fled bullion in favour of other safe-haven assets amid concerns about central bank sales and souring sentiment. The breadth of the sell-off will...

 

Saviour needed for Australia's auto industry

That question became a live one this week after the country's biggest car manufacturer, General Motors Holden, shocked everyone when it announced it was shedding an eighth of its local workforce. It said it planned to cut 400 jobs from its car...

 

Oil falls to nine-month low

The cross-commodity rout started in gold on Friday after the precious metal fell below $US1500 an ounce for the first time since July 2011. An unexpected contraction in US retail sales added to pressure on oil, grains and metals as investors moved...

 
Questions raised about light rail funding

Questions raised about light rail funding

Supporters of a Hobart light rail proposal say the State Government has dropped the ball on the project and time is running out to secure federal funding. In February the Sustainable Transport Minister, Nick McKim said he anticipated work on a Hobart...

ABC News, 10:25 in Business
 
IMF recognises Somalia government

IMF recognises Somalia government

The International Monetary Fund has recognised the government of Somalia, ending a 22-year break in relations that could lead to IMF technical and policy support to the country. "The International Monetary Fund today recognized the Federal...

SBS, 11:49 in Business
 

Laundy family to sell five pubs

The group, which has already sold other pubs to Woolworths and bought a stake last year in the popular Watsons Bay Hotel, said the deal was part of a continuing restructure of the business. In the latest sale, the Laundy family is bringing to the...

 

Hotels paying the penalty

High wages over the holidays meant hotels that opened restaurants lost money. Double time and time-and-a-half rates on public holidays compromise the services our hotels offer, especially compared with international hotels. A recent survey by Tourism...

 
Gas hub decision reflects high business costs

Gas hub decision reflects high business costs

Woodside's decision to scrap the gas plant at James Price Point in the Kimberley is said to be a sign the high cost of doing business in Australia is placing important investment at risk.On Friday Woodside confirmed it would shelve the project at...

ABC News, 13:12 in Business
 

Laundy family to sell five pubs

The group, which has already sold other pubs to Woolworths and bought a stake last year in the popular Watsons Bay Hotel, said the deal was part of a continuing restructure of the business. In the latest sale, the Laundy family is bringing to the...

 
Australia news at twitter


News Widget for Webmasters



«
»
Mo Tu We Th Fr Sa Su
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30