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Staff at struggling German retail giant agree to tighten belts
BERLIN (AFP) - Employees of the embattled German department store chain Karstadt, owned by the insolvent retail group Arcandor, agreed Saturday to take salary cuts as part of a last-ditch effort to.......
AFP Business News- Sunday November 8, 2009, 7:51 am
BA cabin crew to vote on strike: union
LONDON (AFP) - Thousands of British Airways cabin crew are to vote on whether to take industrial action, the Unite trade union said Saturday, in a row over job cuts and new contracts.The bal.......
AFP Business News- Sunday November 8, 2009, 7:29 am
Cyprus opens new airport to attract tourism, trade
LARNACA, Cyprus (AFP) - Cyprus opened an ultra-modern airport on Saturday that it hopes will boost flagging tourism and boost prospects of it becoming a regional transport hub.Cypriot Presid.......
AFP Business News- Sunday November 8, 2009, 7:23 am
Nobel laureate brings Bangladesh business model to Europe
WOLFSBURG, Germany (AFP) - Nobel peace laureate Muhammad Yunus brought ideas for creating micro "social businesses" from Bangladesh to Europe Saturday with support from several of the wor.......
AFP Business News- Sunday November 8, 2009, 7:19 am
UK PM urges financial transactions tax
British Prime Minister Gordon Brown has called on the G20 here on to consider a tax on financial transactions among other measures to make banks more accountable to society.Brown told G20 fi.......
AAP- Saturday November 7, 2009, 11:09 pm
Hardie says $320m loan might not be needed
James Hardie says it is surprised by the announcement of a $320 million loan to top up the company's asbestos fund. A company spokesman says while the loan gives certainty to victi.......
ABC- Saturday November 7, 2009, 10:32 pm
Shell to pay California $19 mln over violations
SAN FRANCISCO (AFP) - Shell Oil Company will pay California more than 19 million dollars because of environmental violations at service stations throughout the state, officials said.The agre.......
AFP Business News- Saturday November 7, 2009, 9:13 pm
US jobless rate hits 10.2%
The jump in US unemployment above 10 per cent for the first time since 1983 will pressure President Barack Obama to find additional stimulus to keep a fragile economic recovery on track, analysts s.......
AAP- Saturday November 7, 2009, 3:50 pm
Murdoch unfazed by Rudd's criticism
News Corporation head Rupert Murdoch says Prime Minister Kevin Rudd is more outspoken in criticising the media than his predecessors. Mr Rudd has not been shy about suggesting News Lim.......
ABC- Saturday November 7, 2009, 12:31 pm
US jobless rate tops 10pc
Unemployment in the United states has risen to more than 10 per cent for the first time since 1983, with more than 16 million people now without work. The latest figures show the unemp.......
ABC- Saturday November 7, 2009, 12:23 pm
Prius top car in Japan for sixth month
Toyota's popular Prius hybrid was the top-selling car in Japan in October for the sixth straight month, helped by tax breaks and government subsidies for environmentally friendly vehicles, an i.......
AAP- Saturday November 7, 2009, 11:10 am
Singapore-China-Korea Co-production First Out of MDA International Film Fund
Los Angeles, Nov 6, 2009 - (ACN Newswire ) - The Media Development Authority of Singapore (MDA) today announced the first film to receive support under its International Film Fund that was launched at.......
JCN Newswire- Saturday November 7, 2009, 10:55 am
James Hardie victims get $320m lifeline
The New South Wales and Federal Governments are lending James Hardie more than $300 million to make sure asbestos victims receive compensation. The governments joined forces to bai.......
ABC- Saturday November 7, 2009, 10:53 am
Freddie Mac loses $US6.3b in Q3
US mortgage finance giant Freddie Mac said on Friday it lost $US6.3 billion ($A6.91 billion) for shareholders in the third quarter but would not seek any additional bailout funds from the governmen.......
AAP- Saturday November 7, 2009, 10:24 am
Senators spray Rudd's ETS 'hissy fit'
Crossbench Senators say they are not impressed by Prime Minister Kevin Rudd's attack on those who oppose his climate change policy. Mr Rudd on Friday launched an invective towards clim.......
ABC- Saturday November 7, 2009, 9:44 am

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