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Aussie dollar rebounds after large sell-off

Mon, 21 May 2012 07:48:43 GMT

AUSSIE dollar rebounds to finish back above US98 cents after its fall to the lowest levels in six months.

Aussie stocks close higher due to Greek optimism

Mon, 21 May 2012 07:05:27 GMT

AUSTRALIAN stocks closed higher, driven by a rebound in resource and finance stocks.

Retail doldrums claims Retravision

Mon, 21 May 2012 03:21:39 GMT

THE company that purchases white goods and electronics for more than 100 Retravision stores has gone into voluntary administration.

Qantas accused of using Thomson as cover

Mon, 21 May 2012 02:21:59 GMT

UPDATE: Unions say cuts will affect maintenance of aircraft and accuse airline of trying to divert media attention.

Qantas axes 500 heavy maintenance jobs

Mon, 21 May 2012 02:19:45 GMT

QANTAS Airways will axe 500 jobs as it restructures its heavy aircraft maintenance and engineering operations in Queensland and Victoria.

Retravision buyer appoints administrators

Mon, 21 May 2012 02:00:59 GMT

THE company that purchases white goods and electronics for more than 100 Retravision stores in Victoria, southern NSW and Tasmania has gone into voluntary administration.

NZ exodus to Australia accelerates

Mon, 21 May 2012 00:49:13 GMT

THE number of New Zealanders packing their bags and heading to Australia accelerated in April, with a new record number of annual departures at 53,462.

Nasdaq 'embarrassed' by Facebook

Sun, 20 May 2012 21:38:50 GMT

THE CEO of the Nasdaq stock exchange says it is "humbly embarrassed" by its bungling of Facebook's IPO on Friday.

Market set to open lower on bank woes

Sun, 20 May 2012 21:23:56 GMT

THE Australian market looks set to open lower following on from last week's falls across major bourses.

Qantas to slash 400 more jobs as base shuts

Sun, 20 May 2012 15:13:21 GMT

QANTAS set to shed more than 400 jobs in its engineering department as it closes down its base at Tullamarine Airport.

Retail spending slowing, outlook unclear

Sun, 20 May 2012 14:30:28 GMT

RETAIL spending rose for the ninth straight month in April but it is unclear whether the outlook is favourable.

South Australia 'needs a new name'

Sun, 20 May 2012 13:30:00 GMT

SOUTH Australia needs a new name and the public should choose it, the state's peak business group says.

ACTU to push for $26-a-week pay rise

Sun, 20 May 2012 09:43:23 GMT

ACTU urges national industrial relations watchdog to reject any push by employers to offset a decent payrise for low-paid workers.

State threatens split from rest of Australia

Sun, 20 May 2012 05:14:05 GMT

BOOM state concealing true weakness of national economy and "may simply move away from Australia", its premier says.

Spanish banks don't need rescuing: PM

Sun, 20 May 2012 02:58:27 GMT

SPANISH Prime Minister Mariano Rajoy says he does not believe that Spain's banks will need rescuing by Europe.

Electric car network gets test

Sat, 19 May 2012 15:15:20 GMT

AN ISRAELI entrepreneur has begun rolling out the world's first nationwide electric car network. Now, will the drivers come?

Thanks Greece. Shares tipped to tank tomorrow

Sat, 19 May 2012 12:42:27 GMT

MORE than $120bn wiped off the stock market this month and the ride isn't over yet.

World leaders at odds over how to solve Europe

Sat, 19 May 2012 08:37:02 GMT

US PRESIDENT Barack Obama is caught between Germany and France over how to solve the crisis gripping the eurozone.

Greece euro exit threatens all Europe: Greek left leader

Sat, 19 May 2012 08:30:13 GMT

GREEK poll front-runner Alexis Tsipras says forcing his country out of the eurozone would sink the region as a whole.

St Hilliers to reopen four more sites

Sat, 19 May 2012 07:15:10 GMT

EMBATTLED builder St Hilliers Construction Pty will reopen four more work sites on Monday.

Facebook IPO like 'kissing your sister'

Sat, 19 May 2012 05:35:00 GMT

IT was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut.

Facebook closes flat in market debut

Fri, 18 May 2012 20:33:30 GMT

FACEBOOK shares have stumbled, managing a gain of less than one per cent in the first day of trade, dampening optimism over the much-anticipated debut for the world's biggest social network.

US shares skid as Facebook IPO stumbles

Fri, 18 May 2012 20:29:42 GMT

US stocks have slumped as Facebook's highly anticipated record market debut disappointed, adding to bearish sentiment about Europe's financial woes.

Facebook debut lacks friends

Fri, 18 May 2012 17:38:05 GMT

FACEBOOK saw a roller-coaster market debut after an early surge faded and then gained fresh momentum.

IKEA sacks managers over 'spying'

Fri, 18 May 2012 17:00:34 GMT

IKEA yesterday said it was sacking four managers at its French subsidiary over allegations of spying.