Oil spill sends fishermen bankrupt
An environmental lawyer in Indonesia says local fishermen are going bankrupt because the Timor Sea oil spill has ruined fish stocks.
The West Atlas oil rig spewed hundreds of thousands of litres...
ABC Business News -
Saturday November 7, 2009, 7:16 am
KR told to pay out entitlements
The Member for Toowoomba North, Kerry Shine, says he expects a food processing plant in Toowoomba to honour its commitment to pay full entitlements to its employees who were recently stood...
ABC Business News -
Friday November 6, 2009, 9:00 am
Warren Buffett's Defining Play
Warren Buffett did it again this week, launching his biggest ever takeover which defines his optimism in America's future and makes an emphatic statement about the financial strength of...
Australasian Investment Review -
Friday November 6, 2009, 8:08 am
Food industry grows in tough times
South Australia's food industry has grown by $1 billion in the past year despite tough economic conditions.
SA's gross food revenue grew by nine per cent to a record $12.4...
ABC Business News -
Thursday November 5, 2009, 12:46 pm
Premium beers surge through downturn
Australia's second largest brewer, Lion Nathan, has reported a 13 per cent rise in full-year profit, boosted mainly by premium beers sales.
The company's net profit before one-off costs rose to...
ABC Business News -
Thursday November 5, 2009, 12:44 pm
Retail Sales Down, Building Approvals Up
The surprise fall in September's retail sales took some in the market by surprise and seems to have taken some of the steam out of the 'rate rise for Christmas' clamour that was around...
Australasian Investment Review -
Thursday November 5, 2009, 8:08 am
ETS won't destroy agriculture: ABARE
Australia's agricultural output will be relatively unaffected if the federal government decides to include the sector in its emissions trading scheme (ETS), a research economist says.While...
AAP -
Wednesday November 4, 2009, 8:19 pm
AAco downgrades guidance, appoints CEO
Beef grazier Australian Agricultural Company Ltd (AAco) has downgraded its guidance for the second half of the year due to the rising Australian dollar.AACo also announced on Monday it had appointed...
AAP -
Monday November 2, 2009, 9:21 am
British American Tobacco reports strong sales
LONDON (AFP) - British American Tobacco, maker of Lucky Strike and Kent cigarettes, said Wednesday that sales strengthened in the first nine months of the year thanks to a string of...
AFP Finance News -
Wednesday October 28, 2009, 9:30 pm
Qantas slapped with Shonky gong
Qantas, liquid chicken stocks and a food processor that shattered when used were some of the winners in this year's Choice Shonky Awards.
The awards, held by consumer watchdog Choice, are a...
ABC Business News -
Wednesday October 28, 2009, 8:24 pm
EU gives go-ahead for Pepsi bottler deal
BRUSSELS (AFP) - The EU's competition watchdog on Tuesday cleared the plan by PepsiCo, the maker of Pepsi soft drinks, to acquire full control of its two key bottlers for 7.8 billion dollars,...
AFP Finance News -
Tuesday October 27, 2009, 10:56 pm
Inflation Moves Back To Centre Stage
Inflation is expected to have eased slightly in the September quarter in Wednesday's consumer price index (ASX: CPI.ax) , but there still could be room for the central bank to raise...
Australasian Investment Review -
Monday October 26, 2009, 8:49 am
Corporates WES, WPL
Investors can be fickle, along with analysts and others in the market. After spending months bagging Wesfarmers over its Coles Group buy and then questioning whether it was working and the new...
Australasian Investment Review -
Monday October 26, 2009, 8:46 am
Coles Q1 performance solid: Wesfarmers
Conglomerate Wesfarmers Ltd's first quarter results show its Coles supermarkets business is gaining on its main rival, Woolworths Ltd.The better-than-expected results came on the back of rising...
AAP -
Friday October 23, 2009, 5:21 pm
Starving Ethiopia appeals for help
Ethiopia is again facing a food crisis because of prolonged drought, 25 years after the world rallied to help country when about one million people died from famine.
Five years of drought have...
ABC Business News -
Friday October 23, 2009, 3:03 pm
