COMPANIES

RBS upgrades Westpac Banking Co. to “buy”

Ratings agency RBS has upgraded Westpac Banking Co., shares from a "hold" rating to a "buy" rating after equities research analyst noted confidence in the bank. The research note was presented to investors on Monday.
More news

Qantas settles New Zealand freight cartel

Australian national carrier Qantas Airways Ltd (ASX: QAN) had reached a settlement with the New Zealand Commerce Commission in relation to price fixing conduct within its freight division between 2000 and 2006.

Aussie dept store Myer loses $11M due to natural disasters

Australian department Store Myer Holdings Ltd announced total sales for the 26 weeks to 29 January 2011 were $1.73 billion, down 3.5 percent compared to last year. On a like-for-like basis, excluding the impact of new stores, refurbishments and Myer Melbourne, sales were down 5.2 percent.

Apple stores report of iPad sellouts as Japan debut pushed back

The massive earthquake and the tsunami it spawned in Japan pushed back the late March launch of iPad 2 in the country even as Apple struggle to meet the refurbished tablet’s online demand, admitting on Wednesday that global consumers will have to endure weeks of delay.

Telstra’s Sensis brings Yellow Pages apps to iPad

Telstra’s Yellow Pages publisher Sensis has followed the ways of other firms as it unveiled on Wednesday an iPad app that would allow the gadget’s Australian users to access directory database through the Apple bestselling product.

Google acquires Irish firm to enhance YouTube clips

Giant internet firm Google continues its ongoing campaign of raising the quality of its services, snatching this week an Irish company that it deems would bring better technology in improving the video offerings of its subsidiary, YouTube.

No More Free Online Digital Music?

Music and record-producing companies will soon realize the untapped potential of digital music subscription that will also curb the availability of free music downloads online.

Bankers group lauds gov't website

The Australian Bankers' Association (ABA) said the new MoneySmart website will be a helpful resource for consumers who access financial literacy information online.

Bankers group lauds gov't website

The Australian Bankers' Association (ABA) said the new MoneySmart website will be a helpful resource for consumers who access financial literacy information online.

AustralianSuper Fund steps up to serve Australians best

The merger of the Australian Retirement Fund (ARF) and the Superannuation Trust of Australia (STA) has created an industry behemoth that seeks to serve all of Australia's working class. AustralianSuper is still working hard to keep step with the demands of its members that encompasses all industries in the country.

Microsoft formally releases IE9 on SXSW tech fest

Finally, Internet Explorer 9 shed its beta-status as Microsoft Corporation announced on Tuesday the formal launch of the web browser during the South by Southwest Interactive technology festival held in Texas, USA.

Murchison’s Oakajee projects receive environmental approval

Murchison Metals Ltd (ASX: MMX) has secured the approval of the Environmental Protection Authority of Western Australia (EPA) for the proposed Oakajee Port & Rail (OPR) terrestrial iron ore port development and associated rail infrastructure in the State’s mid-west region.

Commonwealth Bank advances on modern apps

Commonwealth Bank of Australia Ltd (ASX:CBA) has achieved excellent progress in a core banking modernisation program that it has been pursuing since April 2008, the bank said today.

Pages