Analyst predicts Ford next to quit Australia car industry

With its subsidiaries in downhill path and for apparent isolation from its mother company, an Australian auto expert predicted that Ford is on the verge of quitting Australia's car manufacturing industry.

WORLD BUSINESS

Stern Hu to be charged in Chinese court

Authorities have announced that Stern Hu, Rio Tinto's chief negotiator, will stand trial on charges of taking bribes and infringing commercial secrets beginning Monday.

COMPANIES

Holden on recalling 10,000 Cruzes

Holden plans recall in Australia, due to recent cases of fuel leak. Holden New Zealand is also planning a recall.

COMPANIES

AWB downgrade seen as a one-off

AWB has downgraded earnings guidance for FY10 and while market forecasts have been reduced accordingly some analysts don't see the issues as a structural problem.

MARKETS

Bets on Australian dollar nears a two-month high on US, Japan rate

The Australian dollar hits a two month high against the US dollar. Japan loosens it's policy to fight deflation, investors optimistic on future global recovery, prompted to snap up growth sensitive assets.

COMPANIES

Kathmandu indicates growth concern amid strong sales

Kathmandu chief executive Peter Halkett says the retail and economic environment in Australia is improving but cautions on uncertainties that may affect growth.

 
bhp
Reuters.com Photo

BHP's concerns on world economy issues warning against tax change, stimulus windbacks

BHP Billiton Ltd is being vigilant about the state of the world economy, planning to invest $20 Billion on capital expenditure next year. Full Story
Market Analyst
The Australia 200 CFD Index finished 0.2% firmer, with defensive sectors leading the way. Read More
The Australian share market has faded from early highs, due to falls from index leader BHP Billiton ...Read More

Inside IBT
  • 1 of 6

ENTERTAINMENT
Kate Winslet splits from husband
'Titanic' British bombshell Kate Winslet and her husband, Sam Mendes, have called its quits after 7 years of marriage. Sources speculated monotony as a major factor to their marital crisis and the two have grown tired of each other.

TECHNOLOGY
The Internet poised for Noble prize?
The very technology that made the world a smaller place and the mass sharing of information and knowledge possible has been nominated for the Nobel Peace Prize.
Lamborghini
COMPANIES
Sales down for Lamborghini in 2009
The financial crisis was unkind to most businesses last year, but luxury-car makers were more affected. One company is Volkswagen's Automobili Lamborghini unit.
Jamie Kennedy and Jennifer Love Hewitt
ENTERTAINMENT
Jennifer Love Hewitt and Jamie Kennedy end of relationship
Jennifer Love Hewitt and Jamie Kennedy end of relationship.

TECHNOLOGY
The next big thing: cloud gaming
A pioneering gaming service will start allowing people to "stream" popular high-end games such as "Assassin's Creed II" over the Internet in June, using a mechanism similar to watching TV shows or listening to music online.

TECHNOLOGY
Google's fate in China close to conclusion, says CEO
Google's chief executive Eric Schmidt says the company will soon conclude censorship negotiations with the Chinese government which will decide the company's fate in the country.

ENTERTAINMENT
Kate Winslet splits from husband
'Titanic' British bombshell Kate Winslet and her husband, Sam Mendes, have called its quits after 7 years of marriage. Sources speculated monotony as a major factor to their marital crisis and the two have grown tired of each other.

TECHNOLOGY
The Internet poised for Noble prize?
The very technology that made the world a smaller place and the mass sharing of information and knowledge possible has been nominated for the Nobel Peace Prize.
Lamborghini
COMPANIES
Sales down for Lamborghini in 2009
The financial crisis was unkind to most businesses last year, but luxury-car makers were more affected. One company is Volkswagen's Automobili Lamborghini unit.
Companies
Corporate Express gets mop up bid

Corporate Express Australia has copped a $1 billion mop up bid from it... Full Story

More Companies Stories >
World
Greece fixed, who's next, the UK?

So it looks like Greece will be supported and stopped from d... Full Story

More World Stories >
Markets
Spot Uranium Has Seen The Bottom

It is probably a fair assumption that spot U3O8 prices have seen their... Full Story

More Markets Stories >
Technology
Panasonic to profit ¥80bln from Sanyo

Panasonic Corp., which acquired a controlling stake in battery maker S... Full Story

More Technology Stories >
Money
Advantedge unveils licensing models

Helping to make the transition as smooth as possible for its aligned m... Full Story

More Money Stories >
Entertainment
Talk show host Winfrey is joined by students of the Oprah Winfrey Leadership Academy for Girls at the opening of the school outside Johannesburg
Oprah Winfrey to defend against defamation suit

Former headmistress of Oprah Winfrey's school in South Africa is suing... Full Story

More Entertainment Stories >
Sponsored Links
 
IBTimes.com.au Web
 
International Business Times© 2010 The Ibtimes Company. All Rights Reserved. Partners