DJs first-half profit gains 10.2%
David Jones Ltd increased first-half profit 10.2 per cent as the department store chain reaffirmed profit growth guidance of between five and 10 per cent this year and next.Net profit rose to $100.46...
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Wednesday March 17, 2010, 9:22 am
Shell will slash another 1000 jobs
Global energy giant Royal Dutch Shell revealed on Tuesday that it will axe another 1,000 positions by 2011, on top of the 1000 job losses already earmarked for this year.Chief executive Peter Voser...
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Wednesday March 17, 2010, 8:58 am
Honda to recall 410,000 vehicles
Honda Motor Co will recall more than 410,000 Odyssey minivans and Element small trucks in the US because of braking system problems that could make it tougher to stop the vehicle if not repaired.The...
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Wednesday March 17, 2010, 8:57 am
Govt plays down early budget surplus tip
The federal government is playing down research which suggests its budget could be in surplus four years earlier than predicted by Treasury.Macquarie Research says the budget could be brought back to...
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Wednesday March 17, 2010, 8:46 am
OPEC output 'steady for rest of year'
Saudi Arabia's oil minister said on Tuesday he expected OPEC to keep output steady for the rest of this year, in comments reflecting expectations that crude prices and supply are in sync with the...
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Wednesday March 17, 2010, 7:43 am
Aussie bosses kept their cool during GFC
Australians' laid-back nature appears to have helped the nation's bosses through the devastation of the global financial crisis.A new global study shows Australian business owners kept their...
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Wednesday March 17, 2010, 12:02 am
Shell's Timor Sea project 'a key focus'
Royal Dutch Shell's Prelude liquefied natural gas (LNG) project in the Timor Sea will be a key focus for the energy giant in 2010, chief executive Peter Voser says.But Mr Voser declined to...
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Tuesday March 16, 2010, 11:20 pm
Macmahon wins $190m contract at Qld mine
Engineering contractor Macmahon Holdings Ltd says it has been awarded a three-year contract valued at more than $190 million to develop and operate the new Cameby Downs coal mine in Queensland.The...
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Tuesday March 16, 2010, 8:07 pm
Privacy 'a must' ahead of gold M&A surge
Australia's gold sector should lock in confidentiality agreements with potential investors to protect their interests ahead of an expected surge in predatory merger and acquisition (M&A)...
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Tuesday March 16, 2010, 8:05 pm
Govt 'unlikely' to raise super payments
The federal government is unlikely to heed Paul Keating's call for compulsory super contributions to be increased, a cabinet minister says.The former prime minister wants employer contribution...
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Tuesday March 16, 2010, 7:34 pm
Big banks burn credit union profits
A squeeze on interest margins and higher costs hit credit unions' profits in 2009 as they felt the brunt of the big banks' pricing power.Despite putting up a fight for retail deposits and...
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Tuesday March 16, 2010, 7:26 pm
China urged to avoid iron ore debate
China said Tuesday it will support domestic steel mills in their thorny iron ore price negotiations with global miners even after the Australian government bluntly told Beijing to stay out of the...
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Tuesday March 16, 2010, 7:21 pm
ANZ seeks buyer for stake in Sacombank
ANZ Banking Group Ltd is seeking a buyer for its 10 per cent stake in Vietnam's largest private commercial bank, according to media reports.An unnamed Sacombank official told Dow Jones Newswires...
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Tuesday March 16, 2010, 7:20 pm
Seven investors consider proposed merger
Seven Network Ltd shareholders have five weeks to consider the proposed merger with Kerry Stokes' privately owned industrial equipment business.Federal Court Justice Peter Jacobson said a...
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Tuesday March 16, 2010, 7:13 pm
ACTU wants catch-up rise for low-paid
The Australian Council of Trade Unions will push for low-wage workers to be given a catch-up pay rise this year.The minimum wage was stalled at $543.78 a week in 2009, marking the first pay freeze in...
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Tuesday March 16, 2010, 7:12 pm
