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Showing posts with the label FINANCIAL AND FOREX INFO NEWS: The Australian Business Briefing

Olympic Dam mine expansion approved: The Australian Business Briefing

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  Olympic Dam mine expansion approved Ben Packham and Michael Owen THE Gillard government has given the green light to the expansion of BHP Billiton's giant Olympic Dam uranium and copper mine.   Shares close higher on Euro debt plans AUSTRALIAN shares closed higher, bucking a weak US lead as investors took heart in a plan to recapitalise ailing European banks.   Strike off, but flights still disrupted Ewin Hannan QANTAS passengers still faced major disruption today despite a last-minute decision by the airline's unionised engineers to call off strike action.   Dollar rises on hope of European deal James Glynn THE Australian dollar was higher today buoyed by news European leaders have moved closer to resolving the euro-zone's debt crisis.   Shares halted in uranium target Sarah-Jane Tasker EXTRACT Resources shares were suspended after the price soared on speculation Guangdong Nuclear Power is to make

Tough reforms could reap riches: The Australian Business Briefing

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Tough reforms could reap riches Michael Stutchbury, Economics editor AUSTRALIA is underestimating its opportunity to transform the mining boom into decades of sustained prosperity.   Bernanke keeps policy door open Luca Di Leo BEN Bernanke said today the central bank has the tools to provide more support to the sluggish US economy.   Rubicon 'changed accounts practice' Susannah Moran PROPERTY company Rubicon changed its accounting practices in the months leading up to its controversial sale to Allco.   Google buys restaurant reviewer John Kell GOOGLE has agreed to buy restaurant-review firm Zagat,  increasing its revenue stream from local businesses.   News better than ever: Murdoch James Chessell RUPERT Murdoch remains confident his media and entertainment group will "put things right" after the News of the World scandal.   Update copyright, Sensis says Damon Kitney TELSTRA'S directo

Labor a step closer to passing NBN bill. | F & F I N | The Australian Business Brifing

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FINANCIAL & FOREX INFO NEWS Labor a step closer to passing NBN bill UPDATED Joe Kelly and James Massola THE Gillard government is closer to passing key National Broadband Network legislation after agreeing to release a summary of the NBN business plan. Stocks rebound as investors swoop STOCKS closed flat today after losses were cut as investors fed on shares weakened by worry over the Korean conflict and European debt. Lynas, Sojitz sign rare earths deal UPDATED David Fickling COMMODITIES trader Sojitz Corp plans to distribute up to 90,000 tonnes of rare earth metals mined by Lynas Corp to the Japanese market. Rig licence to be reviewed after spill UPDATED A REPORT into Australia's worst offshore oil spill has recommended a review of the responsible company's licence to operate. Cochlear jumps on rival's recall Michael Bennet COCHLEAR shares jumped more than 4 per cent today on the likelihoo