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Buffett gives $A1.5 billion to charity
US billionaire Warren Buffett has donated $US1.25 billion ($A1.58 billion) in Berkshire Hathaway Inc stock to the Bill & Melinda Gates Foundation.The gift is the third instalment in Buffett&.......
AAP- Friday July 3, 2009, 12:55 pm
Victor Smorgon dead at the age of 96
Victor Smorgon, one of Australia's most successful entrepreneurs and the former head of one of the country's most diverse industrial groups, has died in Melbourne.Mr Smorgon, 96, was.......
AAP- Friday July 3, 2009, 12:52 pm
Oil falls towards $66 after bleak U.S. jobs data
* Oil falls for the third straight session, heads towards $66 * Rising US, euro zone job losses hit recovery hope By Fayen Wong PERTH, July 3 (Reuters) - Oil fell towar.......
Reuters Finance News, Australia- Friday July 3, 2009, 12:45 pm
Federal stimulus prompts car sale surge
Last month was the third highest month on record for vehicle sales as business buyers got in to claim investment tax breaks. VFACTS data released by the Federal Chamber of Automotive I.......
ABC- Friday July 3, 2009, 12:38 pm
BSA unsure of Hedley creditor numbers
The Building Services Authority (ASX: BSA.ax) says it is not yet clear how many creditors have been affected by the collapse of.......
ABC- Friday July 3, 2009, 12:37 pm
Aussie dlr recovers from lows; bonds off highs
______________AUSTRALIAN CREDIT/FOREX SNAPSHOT__________________ FOREIGN EXCHANGE AT 0230 GMT (against previous Sydney close) AUD= 0.7961/64 (0.8045/47) AUDNZD=R1.2634/50(1.2578/91) AUDJPY=R 76.34/39 .......
Reuters Finance News, Australia- Friday July 3, 2009, 12:36 pm
Vehicle market shows signs of recovery
New car and truck sales topped 100,000 in June as the Australian vehicle market showed tentative signs of recovery.The Federal Chamber of Automotive Industries (FCAI) said on Friday 102,847 .......
AAP- Friday July 3, 2009, 12:26 pm
Gunns moves on timber rival
The Tasmanian timber company Gunns has made a large investment in its rival, Forest Enterprises Australia. Gunns now has a 17.9 per cent stake in the company. Gunns paid 10 cents pe.......
ABC- Friday July 3, 2009, 12:22 pm
Palmer buys Townsville BHP refinery
The Yabulu nickel refinery in Townsville in north Queensland has been sold to mining magnate Clive Palmer. BHP Billiton scaled back operations at the Yabulu Refinery in January, prompt.......
ABC- Friday July 3, 2009, 12:21 pm
Tour Down Under route released
Tour Down Under organisers have released details of next year's event, with the Clare Valley receiving a stage for the first time. Clare will be the starting point of the first stage w.......
ABC- Friday July 3, 2009, 12:19 pm
Ethanol plant awaits 10pc mandate
The chairman of the Manildra Group, Dick Honan, says the Bomaderry ethanol plant will be able to produce half of New South Wales' ethanol needs when a 10 per cent ethanol mandate is imple.......
ABC- Friday July 3, 2009, 11:33 am
Obama 'deeply concerned' about job figures
United States President Barack Obama says it is going to be a long road to recovery on the back of dire unemployment figures. Almost another half a million jobs in the US economy were .......
ABC- Friday July 3, 2009, 11:31 am
GM bankruptcy exit hearing closes
The fate of General Motors (GM) has been placed in the hands of a New York judge who must decide whether the largest US carmaker can execute a swift exit from bankruptcy protection by selling its b.......
AAP- Friday July 3, 2009, 11:23 am
Australia shares fall 1.5 pct; resources drop
SYDNEY, July 3 (Reuters) - Australian stocks fell 1.5 percent on Friday, reflecting heavy losses in Europe and the U.S. after a steeper-than-expected slide in U.S. payrolls raised fresh doubts on .......
Reuters Finance News, Australia- Friday July 3, 2009, 11:17 am
Services industry shows signs of life
The cash handouts from the Federal Government appear to have helped Australia's services industry, with activity expanding for the first time in more than a year. The Performance of Se.......
ABC- Friday July 3, 2009, 11:16 am

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