News archive from 27 August 2013

Markets Live: Wall St worries to weigh

8:56am: The Australian market looks set to open lower after Wall Street fell following a disappointing durable goods report which raised fresh concerns about the strength of the US economy. The fall was sharply exacerbated when Secretary of State John...

TheAge, 09:04 in Business
 

Markets Live: Wall St worries to weigh

8:56am: The Australian market looks set to open lower after Wall Street fell following a disappointing durable goods report which raised fresh concerns about the strength of the US economy. The fall was sharply exacerbated when Secretary of State John...

 

Markets Live: Wall St worries to weigh

8:56am: The Australian market looks set to open lower after Wall Street fell following a disappointing durable goods report which raised fresh concerns about the strength of the US economy. The fall was sharply exacerbated when Secretary of State John...

 
Saudis offer Russia secret oil deal if it drops Syria

Saudis offer Russia secret oil deal if it drops Syria

Saudi Arabia has secretly offered Russia a sweeping deal to control the global oil market and safeguard Russia's gas contracts, if the Kremlin backs away from the Assad regime in Syria. The revelations come amid high tension in the Middle East, with...

 

Saudis offer Russia secret oil deal if it drops Syria

Strategic jitters have pushed Brent crude prices to a five-month high of $US112 a barrel. Photo: Jessica Shapiro Saudi Arabia has secretly offered Russia a sweeping deal to control the global oil market and safeguard Russia's gas contracts, if the...

 

Saudis offer Russia secret oil deal if it drops Syria

Strategic jitters have pushed Brent crude prices to a five-month high of $US112 a barrel. Photo: Jessica Shapiro Saudi Arabia has secretly offered Russia a sweeping deal to control the global oil market and safeguard Russia's gas contracts, if the...

TheAge, 09:17 in Business
 
Greens 100% renewable energy plan

Greens 100% renewable energy plan

The Greens Candidate for the Riverina says the party's plan to make NSW electricity supply 100 per cent renewable - isn't a pipe dream.The Greens Ros Pragnell was joined by New South Wales Upper House MP John Kaye for the community launch of Solar...

ABC News, 09:17 in Business
 
Shopper dockets put dent in Caltex result

Shopper dockets put dent in Caltex result

Oil refiner and marketer Caltex suffered a loss of petrol sales during the June half as Coles ramped up price discounting with its ''shopper dockets''. The Australian Competition and Consumer Commission has been reviewing the petrol discount scheme...

 

Nasdaq halt exposes communication gaps

Trading in about 3,200 Nasdaq-listed stocks, including Apple, Google and Facebook, ground to a halt on Thursday after an unexplained "connectivity issue" with the system that disseminates last sale prices and stock quotes. Nasdaq, a unit of...

 

JPMorgan liable for $55m to billionaire Leonard Blavatnik over mortgage losses

In a decision made public on Monday, New York State Supreme Court Justice Melvin Schweitzer ordered the largest US bank to pay $US42.5 million on the breach of contract claim, plus 5 per cent annual interest starting in May 2008. The Manhattan judge...

 

Shopper dockets put dent in Caltex result

Oil refiner and marketer Caltex suffered a loss of petrol sales during the June half as Coles ramped up price discounting with its ''shopper dockets''. The Australian Competition and Consumer Commission has been reviewing the petrol discount scheme...

 

Shopper dockets put dent in Caltex result

Oil refiner and marketer Caltex suffered a loss of petrol sales during the June half as Coles ramped up price discounting with its ''shopper dockets''. The Australian Competition and Consumer Commission has been reviewing the petrol discount scheme...

TheAge, 09:23 in Business
 

Nasdaq halt exposes communication gaps

Trading in about 3,200 Nasdaq-listed stocks, including Apple, Google and Facebook, ground to a halt on Thursday after an unexplained "connectivity issue" with the system that disseminates last sale prices and stock quotes. Nasdaq, a unit of...

 

JPMorgan liable for $55m to billionaire Leonard Blavatnik over mortgage losses

In a decision made public on Monday, New York State Supreme Court Justice Melvin Schweitzer ordered the largest US bank to pay $US42.5 million on the breach of contract claim, plus 5 per cent annual interest starting in May 2008. The Manhattan judge...

 

Beware the Well Known Fact

"A journalist from Fortune magazine once asked Andy Grove, the former chief executive of Intel, for the best business advice he'd ever been given. Grove provided a simple quote from a former professor at City College of New York: 'When everybody...

 
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