BUSINESS

Spain Within Touching Distance Of Bailout Territory

By Kathleen Brooks, Research Director UK EMEA, FOREX.comThings have got a lot worse for Europe in the last week, not only are Italian bond yields back above 7% but this morning's Spanish debt auction was poorly received.

Rio Tinto Alcan to Shut Down Lynemouth Aluminium Smelter in U.K.

Rio Tinto Alcan intends to close the Lynemouth aluminium smelter, subject to the completion of a 90-day consultation process with employee and union representatives. The company is also in exclusive discussions regarding the potential sale of the power station at the site.
More news

UK and US Face Buy to Let Boom Hand in Hand

We always talk about the special partnership between the UK and US, and we all know that it will scarcely ever be as "special" as it was between Bush and Blair, at least not until sufficient time to have past for us all to have forgotten the lies Blair told during the time that he was being operated from behind by Bush, but that is another article.
Jamelle Agbuis Nov 17, 2011

Nokia Tablets on Windows 8 Set to be Unveiled by H2 2012

Following the unveiling of its Lumia smartphone series last month, giant mobile phone maker Nokia has indicated that it will release tablet computers by the second half of 2012, which of course will be powered by Microsoft’ upcoming Windows 8.
Erik Pineda Nov 17, 2011

Virgin Blue Chicken Supplier Fined $236,000 for Listeriosis Outbreak

The Downing Centre Local Court has ordered the GMI Food Wholesalers and its directors to pay a fine of $236,000 for supplying Virgin Blue with inflight chicken meals tainted with the listeria bacteria that infected several passengers of the airline in 2009.
Windsor Genova Nov 17, 2011

International Transport Workers Take Side of Qantas Unions

Qantas unions found an ally in transport workers overseas when the International Transport Workers Federation (ITF) warned the Australian flag carrier that it would get involved if there are future industrial rows between Qantas and its unions.
Vittorio Hernandez Nov 17, 2011

Brokers Beginning To Grow Horns

By Greg Peel"Considerable risk in Europe certainly remain," note the Deutsche Bank Australian equity strategists, "but with changes in key governments there may be progress from here".
Admin System Nov 17, 2011

Australian Stock Market Report - Midday 11/17/2011

The Australian share market is trading flat at lunchtime in the East, following another volatile offshore session. US stocks were relatively stable heading into the last hour of trade, before ratings agency Fitch warned of contagion risks to US banks if the European sovereign debt crisis intensifies.
Vittorio Hernandez Nov 17, 2011

Market Insight: Investing In Resources Stocks

BHP Billiton ((BHP)) lifted its profits for shareholders by no less than 75% in the year to June and Rio Tinto ((RIO)) is expected to have achieved near 100% growth for the year to December when the company reports its full year numbers in February.
Admin System Nov 17, 2011

The Deadline for Global Warming: Reversing the Effects of Climate Change Before 2017

If energy-efficiency policies, price reforms, new emissions-free infrastructures and increased renewable energy subsidies aren't firmly in place by 2017 then it might become too late to turn back the tide against the effects of climate change, according to the recently released World Energy Outlook by the IEA (International Energy Agency).
Luisa Crisostomo Nov 16, 2011

3 Comparison Points of Windows Mobile OS vs. Android

To help people decide which is better for their needs, here are three points of comparison for entry-level units of both OS for the Android-powered Samsung Galaxy Mini and the Windows Mobile-powered HTC 7 Trophy
Vittorio Hernandez Nov 16, 2011

Tiger Airways Adds 10 More Daily Flights to Australia

Ten daily flights are available to Australians after the Civil Aviation Safety Authority (CASA) allowed Tiger Airways on Tuesday to increase its flights from Singapore to Australia.
Vittorio Hernandez Nov 16, 2011

RBA Divided on Melbourne Cup Rate Cut

The RBA minutes showed a split on decision to cut rates, with arguments for both easing and a policy "on the tight side of normal".
Jamelle Agbuis Nov 16, 2011

NBA Players to Disband Union, Countersue League

The labor dispute in the National Basketball Association (NBA) took a turn for the worse Tuesday when players decided to disband their union and sue the league because they find the team owners' last offer of 50-50 profit sharing not good.
Windsor Genova Nov 16, 2011

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