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Mar 1, 2012

Financial and Forex Info News | The Australian Business Briefing Update: CIMB deal saves RBS jobs

Australian Business update for Fri Mar 02

CIMB deal saves RBS jobs
Andrew Main RBS'S Australian equity market operations are now a near certainty to be bought by Malaysian bank CIMB.

Leighton investigation ongoing: Iraq
Hassan Hafidh NO conclusions have been reached on whether Leighton paid bribes in Iraq, the country's oil ministry's inspector general said.

UK designers blamed for A380 wing cracks
Robert Lea WING CRACKS that have grounded the Airbus 380 superjumbo are the fault of engineers at the manufacturer's state-of-the-art facility in Britain.

China diversifies from US dollar
Tom Orlik CHINA has made a sharp shift away from purchases of US securities, slashing the dollar's share of the country's foreign reserves

Greek bailout gets greenlight
Flemming Hansen and William Boston EUROZONE ministers approved incentives that will allow Greece to restructure its debt and keep its banks afloat.

Newcrest debuts on TSX
Robb M. Stewart NEWCREST, Australia's largest gold producer, began trading on the Toronto bourse overnight as its 17th largest company.

Facebook ally Zynga goes solo
Murad Ahmed THE maker of FarmVille and Words with Friends is breaking away from Facebook to launch its own social network.

Penny dreadful stampede at death
Rebecca Urban THERE'S a hard and fast rule in public relations: get the good news out early and save the bad stuff for later.

Financial Markets

Stocks hold in positive ground
Sarah Turner THE sharemarket eased off strong opening gains this afternoon but held to the black as mining and energy stocks gained.

Stocks jump with mining, energy
China diversifies from US dollar

Financial Markets Coverage

Mining & Energy

Downer EDI wins $400m BHP deal
DOWNER EDI will begin supplying locomotives for BHP Billiton's Pilbara operations in a contract that could be worth $400 million.

Newcrest debuts on TSX
Rio-Rinehart mine gets nod

More Mining & Energy

2012-03-02 12:48:09.0 Market opens higher on US leads
2012-03-02 12:33:56.0 Stocks hold in positive ground
2012-03-02 12:26:53.0 ASX transparency at risk
2012-03-02 12:00:00.0 Australian British Chamber of Com...
2012-03-02 11:55:00.0 Lord Digby Jones presents to the ...
2012-03-02 11:45:00.0 Minotaur set exploration target f...
2012-03-02 11:36:26.0 Peugeot tops up with GM
2012-03-02 11:25:27.0 Fairfax to 'follow the sun' into digital era
2012-03-02 11:10:22.0 UK designers blamed for A380 wing cracks
2012-03-02 11:10:00.0 GO Markets FX market wrap
2012-03-02 10:49:26.0 Downer EDI wins $400m BHP deal
2012-03-02 10:41:01.0 Newcrest debuts on TSX
2012-03-02 10:30:09.0 Stocks jump with mining, energy
2012-03-02 10:28:26.0 News names mags, digital boss
2012-03-02 10:25:01.0 CIMB deal could save RBS jobs

More Business Breaking News