DuluxGroup has stopped supplying its premium paint and woodcare products from Masters and Danks corporate stores to work more closely with other partners. The decision was in response to US-owned paint ...
Services
- Up to 2,500 cleaning jobs at risk after collapse of Swan Services ABC - 3 hours ago
About 2,500 jobs are under threat following the failure of one of Australia's biggest cleaning companies. The Sydney-based Swan Services has gone into voluntary administration. It employs cleaners across ...
- Myer boss fan of falling Aussie dollar AAP - 23 hours ago
Myer boss Bernie Brookes says he's a fan of the falling Australian dollar as it will have more benefits for the department store than downsides. After spending most of the past two years trading above ...
- Europe's biggest port, Rotterdam, opens major extension AFP - Wed, May 22, 2013 5:23 PM AEST
Europe's busiest port of Rotterdam opened a multi-billion euro extension on Wednesday, with wider and deeper basins to accomodate the world's biggest freight ships. The Maasvlakte 2 project is the largest ...
- Push for new northern port ABC - Wed, May 22, 2013 12:05 PM AEST
The Tasmanian Freight Logistics Council wants the port of Bell Bay to be dropped as the state's preferred major port. Bell Bay has been earmarked to be the principal container port in Tasmania. Chief executive ...
- Sony board examines hedge fund spin-off plan AFP - Wed, May 22, 2013 10:22 AM AEST
Sony chief Kazuo Hirai said Wednesday the company was examining a hedge fund proposal to sell off part of its entertainment unit in a bid to boost profits in its core business. Hirai told a press conference ...
- Myer posts another small rise in sales AAP - Wed, May 22, 2013 8:53 AM AEST
Myer's sales have grown slightly, but the department store remains cautious about the future for the retail industry. Myer's total sales in the 13 weeks to April 27 were $652.5 million, up 0.5 per cent ...
- New Xbox One unveiled as home entertainment hub AFP - Wed, May 22, 2013 2:08 AM AEST
Microsoft staked a claim to the Internet Age living room with an eagerly awaited new generation Xbox One console touted as a home entertainment hub that goes far beyond games. "Today, we put you at ...
- Sprint lifts bid for Clearwire in broadband battle AFP - Tue, May 21, 2013 8:18 PM AEST
Sprint said Tuesday it was hiking its offer for the remaining shares of broadband service firm Clearwire, in the face of a rival bid from satellite TV group Dish Networks. Sprint, the number three US mobile ...
- Top Spain store chain juggles 5 bn euros debt AFP - Tue, May 21, 2013 6:13 PM AEST
Spain's top department store chain El Corte Ingles must restructure five billion euros ($6.5 billion) of debt, the company said Tuesday, citing economic conditions as Spaniards shop less in the recession. ...
- Transfield shares tumble to record low AAP - Tue, May 21, 2013 4:51 PM AEST
More than $150 million has been wiped from the value of mining engineer Transfield Services as cost cutting in the mining sector sent its shares to a record low. The company has slashed its profit forecasts ...
- Boart's earnings hit by mining downturn AAP - Tue, May 21, 2013 2:38 PM AEST
Drilling services company Boart Longyear says its earnings will fall in 2013 because mining companies are scaling back on exploration. "The downturn in capital and exploration spending in the mining ...
- Microsoft readies new Xbox as entertainment hub AFP - Tue, May 21, 2013 2:25 PM AEST
Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centers and adapt to competition from smartphones and tablets. A tented stage has been set ...
- SkyWest says to buy 100 Embraer jets AFP - Tue, May 21, 2013 12:17 PM AEST
SkyWest, Inc. announced Tuesday it has struck an agreement with Brazil's Embraer for the purchase of 100 new E175 jet aircraft, with 40 considered firm deliveries. The deal also includes options for an ...
- Oil prices drop before Fed chief's testimony AFP - Tue, May 21, 2013 11:48 AM AEST
World oil prices fell on Tuesday as traders looked ahead to the latest thoughts of Federal Reserve chief Ben Bernanke on the outlook for the US economy. Brent North Sea crude for delivery in July dropped ...
- Yahoo confirms $1.1 billion Tumblr deal AAP - Tue, May 21, 2013 9:13 AM AEST
Yahoo Inc confirmed Monday that it will pay $US1.1 billion ($A1.13 billion) for the popular blogging service Tumblr, in a bold but risky move that chief executive Marissa Mayer called a "game-changer" ...
- Transfield Services cuts 113 jobs AAP - Tue, May 21, 2013 8:27 AM AEST
Engineering firm Transfield Services is cutting 113 jobs and has reduced its profit guidance because of delays to mining projects. "Ongoing uncertainty in commodity markets is resulting in the delay ...
- United's Boeing 787s back in skies AFP - Mon, May 20, 2013 7:42 PM AEST
United Airlines resumed Boeing 787 Dreamliner flights Monday after the advanced plane was globally grounded four months ago due to overheated battery incidents. United, the only US carrier that owns the ...
- Leighton not worried about mining downturn AAP - Mon, May 20, 2013 4:47 PM AEST
Construction giant Leighton Holdings says it's not concerned about the recent woes of mining services companies due to its diverse business interests and cyclical nature of the industry. Mining services ...
- China 'will not accept' carbon tax on EU flights: report AFP - Sat, May 18, 2013 5:10 AM AEST
China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission warned eight Chinese firms face fines for nonpayment. ...
- Target's slide continues AAP - Fri, May 17, 2013 3:50 PM AEST
Wesfarmers has downgraded its earnings forecast for Target as the troubled department store continues to drag down the conglomerate's otherwise strong performance. Wesfarmers, which owns Target as well ...
- Lower earnings predicted for Target stores AAP - Fri, May 17, 2013 12:56 PM AEST
Wesfarmers has downgraded its earnings forecast for its Target stores, predicting a "disappointing" result for the department store chain. Target's bottom line in the 2012/13 year would be hit ...
- Aust stocks higher as miners gain AAP - Fri, May 17, 2013 12:26 PM AEST
The Australian market was higher at noon due to strong gains from the mining giants. RBS Morgans Brisbane senior client adviser Bill Chatterton said resources stocks were performing well but mining services ...
- Aust needs more high-end tourists: Packer AAP - Thu, May 16, 2013 9:29 PM AEST
Billionaire casino tycoon James Packer says Australia needs to do more to attract high-end tourists especially from China. Mr Packer announced on Thursday the winning design for his Crown Resorts' proposed ...
- UPDATE 3-Brent weakens on stronger dollar, weak economies Reuters Australia - Thu, May 16, 2013 7:32 PM AEST
* U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Brent oil to drop to $102.50 - technicals * Coming Up: U.S. weekly jobless claims; ...
- Singapore Airlines full-year net profit up 12.8 percent AFP - Thu, May 16, 2013 6:05 PM AEST
Singapore Airlines said Thursday its net profit in the year ending March rose 12.8 percent, boosted by surplus from the sale of aircraft, spares and spare engines, but warned the outlook remained bleak. ...
- Yahoo! adds tweets to online news pages AFP - Thu, May 16, 2013 5:47 PM AEST
Yahoo! on Thursday began spicing up its online news pages with real-time comments fired off at the globally popular messaging service Twitter. "Tweets have become an important information source for ...
- Packer: Aust needs more high-end tourists AAP - Thu, May 16, 2013 5:09 PM AEST
Billionaire casino tycoon James Packer says Australia needs to do more to attract high-end tourists especially from China. Mr Packer announced on Thursday the winning design for his Crown Resorts' proposed ...
- UPDATE 2-Brent slips towards $103 on weak data; US stock draw aids Reuters Australia - Thu, May 16, 2013 5:06 PM AEST
* U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Brent oil to drop to $102.50 - technicals * Coming Up: U.S. weekly jobless claims; ...
- UPDATE 1-Brent slips towards $103 on weak data; US stock draw aids Reuters Australia - Thu, May 16, 2013 3:58 PM AEST
* U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Brent oil to drop to $102.50 - technicals * Coming Up: U.S. weekly jobless claims; ...
- Brent slips towards $103 on weak data; U.S. stock draw aids Reuters Australia - Thu, May 16, 2013 2:46 PM AEST
* U.S. factory, wholesale price data flag economy's woes * U.S. crude stocks fall from record highs, gasoline up -EIA * Dow, S&P 500 end at record highs again; Asian shares track * Coming Up: U.S. weekly ...
- Wal-Mart earnings edge higher as US sales fall AFP - Thu, May 16, 2013 2:45 PM AEST
US retail giant Wal-Mart reported Thursday slightly higher quarterly earnings, but said sales at its US stores declined and pointed to difficulties controlling expenses internationally. Net income in the ...
- Walmart earnings edge higher amid headwinds AFP - Thu, May 16, 2013 12:08 PM AEST
US retail giant Walmart reported Thursday that its first quarter earnings edged higher to $3.8 billion but said comparable sales at its US stores declined. Wal-Mart Stores Inc. said its net income was ...
- Google releases new music service AAP - Thu, May 16, 2013 8:54 AM AEST
Google Inc. unveiled a streaming music service called All Access that blends songs users have already uploaded to their online libraries with millions of other tracks for a $10 monthly fee. The service ...
- Google debuts music service for mobile gadgets AFP - Thu, May 16, 2013 3:19 AM AEST
Google rolled out a music service for smartphones and tablets powered by its free Android software, in a challenge to streaming radio firms such as Pandora and Spotify. The launch of Google Play All Access ...