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Trujillo reaffirms Telstra 2008 guidance
Telstra Corp says its business continues to be in very good shape and has reaffirmed its earnings guidance for the 2008 financial year.Chief executive Sol Trujillo reiterated previous guidance,...

Aussie stocks end at 3-mth highs; NAB lead banks up
(Adds details, comments) By Geraldine Chua SYDNEY, May 9 (Reuters) - Australian shares rose 0.85 percent to their highest level in over three months on Friday, as upbeat earnings at National...

'Origin talks ongoing, inconclusive': BG
BG Group, the UK's third largest natural gas producer, says discussions with Origin Energy Ltd over its $12.9 billion bid for the power retailer are ongoing but inconclusive.The UK-based utility...

Aussie stocks extend gains; NAB lead banks higher
(Updates to market closing) SYDNEY, May 9 (Reuters) - Australian shares rose 0.85 percent to their highest level in over three months on Friday, as upbeat earnings at National Australia Bank Ltd...

Australia's NAB H1 profit up, shares jump
(Adds CEO comments, updates shares) By Sonali Paul MELBOURNE, May 9 (Reuters) - National Australia Bank Ltd (ASX: NAB.ax) , the nation's top lender by assets, reported an 8 percent rise in...

Aussie stocks rise over 1 pct; AWB declines
(Adds AWB) SYDNEY, May 9 (Reuters) - Australian shares rose 1.3 percent on Friday, led up by a strong financial sector after National Australia Bank Ltd (ASX: NAB.ax) reported upbeat...

Aussie stocks up over 1 pct; Tassal Group gains
(Adds Tassal Group) SYDNEY, May 9 (Reuters) - Australian shares rose 1.2 percent on Friday, led up by a strong financial sector after National Australia Bank Ltd (ASX: NAB.ax) reported upbeat...

Aussie stocks extend gains; NAB, resources lead
(Adds details, comments) SYDNEY, May 9 (Reuters) - Australian shares rose 0.55 percent on Friday, as National Australia Bank Ltd (ASX: NAB.ax) gained after reporting upbeat first-half earnings,...

NAB reports record profit
National Australia Bank has asserted its credentials as Australia's most profitable bank, announcing a jump of 26 per cent in half-year profit to a record $2.7 billion. The figure is up 26...

Aussie stocks firmer; resources, NAB buoy
(Updates to market opening) SYDNEY, May 9 (Reuters) - Australian shares rose 0.2 percent on Friday, as resource firms gained on record oil prices and a jump in gold prices, while National Australia...

Australia's NAB H1 profit up, lifts bad debt charge
(Adds analysts' comments) By Sonali Paul MELBOURNE, May 9 (Reuters) - National Australia Bank Ltd (ASX: NAB.ax) , the nation's top lender by assets, reported an 8 percent rise in first-half...

Flight delays expected as Qantas engineers threaten to strike
Qantas engineers are threatening to walk off the job if the airline brings in strike breakers to resolve a pay dispute. The Australian Licensed Aircraft Engineers Association is angry about a...

Coca-Cola to invest 50 million dollars in Kenya
NAIROBI (AFP) - Soft drinks giant Coca-Cola on Thursday announced it would invest 50 million dollars in its five franchises in Kenya, where post-election violence adversely affected the...

Australia's Telstra affirms 2008 profit forecast
(Adds details) MELBOURNE, May 9 (Reuters) - Telstra Corp Ltd (ASX: TLS.ax) , Australia's largest phone company, on Friday it reiterated its earnings forecasts for fiscal 2008,as the company starts...

Former Qantas exec facing jail over price fixing
The US Justice Department says a former senior Qantas Airways executive will plead guilty and spend time in jail for participating in a price-fixing conspiracy in international air cargo...

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