Coca-Cola Q4 profit rises five per cent
Coca-Cola says its fourth-quarter profit climbed as the world's largest drink maker sold five per cent more beverages worldwide.Coca-Cola says its unit case volume rose in emerging markets like...
AAP -
Wednesday February 10, 2010, 12:25 am
China discloses buying spree in US firms
China's giant sovereign wealth fund revealed it has accumulated stakes totalling $US9.6 billion ($A11.1 billion) in major US companies including Coca-Cola, Apple and Goodyear following a buying...
AAP -
Tuesday February 9, 2010, 8:11 pm
Cazaly 'has a case' in Pilbara battle
Cazaly Resources Ltd says it has a strong case in its ongoing battle with Rio Tinto Ltd for the rights to one of the largest undeveloped iron ore deposits in Western Australia.The Supreme Court of WA...
AAP -
Tuesday February 9, 2010, 7:06 pm
Market dragged lower by banking falls
The Australian share market has closed the day lower, dragged down by ongoing concern about European sovereign debt and a cautious profit outlook from the Macquarie Bank.
The All Ordinaries Index...
ABC Business News -
Tuesday February 9, 2010, 5:36 pm
Australia shares fall 0.4 percent; BHP stems slide
* S&P/ASX 200 down 16.3 points to 4,505.1
* Financials index .AXFJ down 1 percent
* BHP up 0.6 percent ahead of first-half results
(Updates to provisional close)
By Sonali Paul
MELBOURNE,...
Reuters Finance News, Australia -
Tuesday February 9, 2010, 5:15 pm
Alumina says worst over after $26m loss
Alumina Ltd has forecast a better year in 2010 after saying it has come through the industry's worst yet period with a $2 million underlying annual loss.The minority partner of the Alcoa World...
AAP -
Tuesday February 9, 2010, 5:13 pm
Australia shares fall, Macquarie bank hit hard
MELBOURNE, Feb 9 (Reuters) - Australian stocks fell 0.8
percent in morning trade on Tuesday, after a luke-warm trading
update from Macquarie bank MQG.AX and wider investor concerns
about sovereign...
Reuters Finance News, Australia -
Tuesday February 9, 2010, 10:37 am
Australia shares seen down; Macquarie in focus
SYDNEY, Feb 9 (Reuters) - Australian stocks are seen lower
on Tuesday, as investors continue to fret over the euro zone's
sovereign debt troubles, with sentiment also cautious ahead of
the rush of...
Reuters Finance News, Australia -
Tuesday February 9, 2010, 8:29 am
AMP Alone On AXA Bid
So that's about it for the AMP and its ambitions to take over rival, AXA Asia Pacific Holdings, with Axa's French parent, AXA SA. The AMP said yesterday that it's considering its position in...
Australasian Investment Review -
Tuesday February 9, 2010, 8:21 am
City Telecom to Celebrate 10 Years on NASDAQ
HONG KONG, Feb. 8, 2010 (GLOBE NEWSWIRE) -- City Telecom (H.K.) Ltd. ("City Telecom") (HKSE:1137) (Nasdaq:CTEL) is looking forward to celebrating over 10 years listed on NASDAQ with a opening bell...
GlobeNewswire -
Tuesday February 9, 2010, 2:11 am
LNG boosts Santos oil and gas reserves
Santos Ltd has increased its oil and gas reserves to record volumes, driven by the growth of its liquefied natural gas (LNG) portfolio.Chief executive David Knox said the reserves increase positioned...
AAP -
Monday February 8, 2010, 6:35 pm
JP Morgan anchor tenant in Sydney tower
US Banking giant JP Morgan will take up half of an office tower Westfield Group is building at 85 Castlereagh St in Sydney.JP Morgan will occupy 16,700 square metres of the 25 storey 32,800 square...
AAP -
Monday February 8, 2010, 5:57 pm
BHP, Rio to show financial crisis damage
The fallout from the global financial crisis is expected to be seen dragging on the profits of mining giants BHP Billiton Ltd and Rio Tinto Ltd when they are revealed this week.But analysts say the...
AAP -
Monday February 8, 2010, 5:54 pm
CBA funding will be key to future growth
Analysts will want to see how Commonwealth Bank of Australia Ltd (CBA) will diversify its funding sources to maintain growth, when the country's biggest lender announces its first-half results on...
AAP -
Monday February 8, 2010, 5:09 pm
Chris Campbell to head BHP iron ore arm
Mining giant BHP Billiton Ltd has appointed company insider Chris Campbell to head its lucrative iron ore division.Mr Campbell will take over from Ian Ashy, who will head BHP Billiton's $US116...
AAP -
Monday February 8, 2010, 5:07 pm
