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Showing posts with the label Financial and Forex Info | The Australian Business Briefing:

Financial & Forex Info | The Australian Business Briefing: Foster's soars on bets of higher bid

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Foster's soars on bets of higher bid UPDATED John Durie SHARES in Foster's soared today on expectations SABMiller will have to increase its rejected bid to secure the maker of VB and Carlton.   Stocks jump 1.3pc on energy gains AUSTRALIAN shares held on to early gains to put in their best performance in about a week on the back of firm offshore leads.   No urgency to lift rates: RBA minutes UPDATED Enda Curran THE latest RBA minutes signal the board is in no rush to lift rates, sending the dollar sharply lower amid signs of global uncertainty.   Coopers rising in foreign beer empire Andrew Main A SUCCESSFUL foreign takeover of Foster's Group would leave Coopers Brewery in Adelaide as the biggest Australian-owned brewer.   Diabetes may thwart China's grand plan Leo Lewis A SIMPLE can of fizzy drink could ultimately crush China's economic ambitions.   Commodities forecaster trims out

Financial & Forex Info | The Australian Business Briefing: Qantas Pilots Call For Strike

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  Australian Business update for Wed May 25 17:04:38 EST 2011 Qantas pilots call for strike ballot Steve Creedy, Aviation Writer QANTAS pilots have applied to take their first industrial action in 45 years, as they moved toward a disruptive showdown with management.   Sharemarket falls in wide sell-off UPDATED THE Australian stock market closed almost 1 per cent lower today, falling for the fourth straight session amid broad-based selling.   Rinehart tops rich list with $10.3bn GINA Rinehart has become the first woman to top the BRW rich list, with the iron ore magnate's fortune doubling over the past year to $10.3 billion.   Exec pay laws sound, Gillard told Damon Kitney REPORTING requirements for executive pay only need minor changes to simplify information given to investors, the federal government has heard.   Westfield upbeat on Australia, US Ross Kelly A BENIGN retail sales environmen