Saudi Banks Head for Bumper 2012
Saudi Arabia's banks netted more than SAR28 billion in the first 10 months of 2012 as lending continued to rebound and banks largely eased a provisioning drive triggered by a severe domestic debt...
View ArticleMr Coal Wanted Obeids out of Mining Deal
Byline: Leo Shanahan Dec 10, 2012 (The Australian - ABIX via COMTEX) -- Travers Duncan appeared before the New South Wales Independent Commission Against Corruption on 10 December 2012. Duncan, known...
View ArticleFortescue Closer to Kings Restart with BC Iron Deal
Byline: Sarah-Jane Tasker Dec 10, 2012 (The Australian - ABIX via COMTEX) -- BC Iron has increased its stake in the Nullagine iron ore joint venture to 75%, after Fortescue Metals Group agreed to sell...
View ArticleEmergency Makeover for Vic
Byline: Lucille Keen Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The creation of a new Emergency Management Victoria agency has been announced by State Premier Ted Baillieu,...
View ArticleCbus Stoush Builds Up
Byline: Jennifer Hewett Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The Construction, Forestry, Mining & Energy Union's bid to appoint a new super fund as the default option...
View ArticleSydney CBD Revitalisation Kick-Started
Byline: Ainslie Chandler Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The Central Sydney Planning Committee has approved five major construction projects. The projects, worth...
View ArticleRetail Giant Defends Trucking
Byline: Mark Skulley Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Coles Group spokesperson Jim Cooper has accused the Transport Workers Union of making false claims about the...
View ArticleAustereo Ad Ban Starts to Hurt
Byline: Ben Holgate and Joanna Heath and Claire Stewart Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Southern Cross Austereo has suspended all advertising on its 2Day FM station...
View ArticleStaying Up Late, Excited by Santa Claus Rally
Byline: John Wasiliev Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Derivative traders do not expect the S&P/ASX 200 Index to rise in the week leading up to Christmas 2012...
View ArticleHate Speech: Where to Draw the Line
Byline: James Spigelman Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The Australian Government's proposed human rights legislation will conflict with freedom of speech. The bill...
View ArticlePayments to Cut Electricity Use Proves a Powerful Idea
Byline: Peter Hannam Dec 10, 2012 (The Sydney Morning Herald - ABIX via COMTEX) -- Paul Troughton, manager for Australasia at EnerNOC, says a recent trial in Western Australia shows the company's...
View ArticleSector Needs Union Nouse
Byline: Justin Di Lollo Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Small business operators in Australia must do more to ensure a successful lobbying effort is mounted. They...
View ArticleBank for Central Banks Spots Growth 'Disconnect'
Byline: Philip Baker Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The Bank for International Settlements (BIS) has released its latest quarterly report, highlighting a return by...
View ArticleRising Competition from Exports Likely to Hit Domestic Gas Supply
Byline: Brian Robins Dec 10, 2012 (The Age - ABIX via COMTEX) -- Matt Zema, MD and CEO of the Australian Energy Market Operator, will on 11 December 2012 issue a new study on gas demand along the...
View ArticleTraders Place Record Bets $A Will Track Higher
Byline: Jane Searle Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- A Commitment of Traders report on International Monetary Markets has shown that Australian/US dollar speculative...
View ArticleNew Branch Format for Westpac
Byline: Clancy Yeates Dec 10, 2012 (The Age - ABIX via COMTEX) -- Westpac Banking has announced that it will not reduce its network of 680 branches in size, but that the premises will be overhauled...
View ArticleRadio Prank Fallout Hits Owner's Wallet
Byline: Glenda Kwek Dec 10, 2012 (The Age - ABIX via COMTEX) -- The stock of radio network owner Southern Cross Austereo on 10 December 2012 fell $A0.065 to close at $A1.04. The reason was the news...
View ArticleFortescue Sells Up to Restart Projects
Byline: Peter Ker Dec 10, 2012 (The Age - ABIX via COMTEX) -- BC Iron will boost its holding in the Nullagine iron ore mining project in Western Australia (WA) from 50% to 75%, and pay $A190m in cash...
View ArticleACCC 'Won't Slow Woolies' Growth'
Byline: Blair Speedy Dec 10, 2012 (The Australian - ABIX via COMTEX) -- Woolworths is unlikely to be affected by the scrutiny of its expansion plans by the Australian Competition & Consumer...
View ArticleArrival of Spotify Is Rewriting Records
Byline: Dominic White Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The global recorded music industry is being changed by music streaming services. Spotify, established in...
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