Coles has announced a plan to phase out the use of sow stalls by its producers by the end of 2014, with the first shipments of cage-free pork in the Coles Butcher line beginning next year. Coles already offers sow stall-free pork in the Otway, Linley Valley, and KR branded Outdoor Reared ranges.The ...
Consumer advocacy group CHOICE has awarded Michel's Patisserie top honours in a review of ten of Australia's coffee chain stores.CHOICE brewed and reviewed espressos made from the standard beans used at ten of Australia's top coffee chains.Michel’s Espresso beans came out 'a clear winner', with a ...
Australian investment banking major Macquarie is seeking offers valued at approximately US$3.5 billion for Real Estate Investment Trust (REIT) Sprint Finance Corp. If a deal is successful, it would be the largest sale of a U.S. based REIT in over three years.The Bloomberg news service which cited un...
EBay, the online auction site and owner of PayPal has reported second quarter profits which were better than expected, but threw a note of caution saying it expects adverse currency movements to have a negative impact on overseas sales.According to the Bloomberg news service, Ebay’s Second-quarter...
Chief executive Cameron Clyne's strategy to make National Australia Bank (ASX: NAB) the people's bank are paying off with the firm showing the best gains of the banking cartel.
Woolworths Ltd (ASX:WOW) has reported a 1.8 per cent increase in same-store food and liquor sales for the fourth quarter, indicating a slower growth pace compared to the prior quarter.
Australia's mining giant BHP Billiton Ltd (ASX:BHP) says it remains cautious on the short-term outlook for the global economy, even after achieving record annual production results for its petroleum and iron ore divisions.
Global investment and advisory firm Babcock & Brown Ltd considered acquiring rival Allco Finance Group Ltd while it was dealing with a cash crunch of its own that ultimately led to the $10 billion financial empire's demise.
Australia's 35,800 trades job vacancy predicted in the mining sector by 2015 will likely be occupied by migrants as resource companies deal with the effects of not hiring the expected number of apprentices in an industry as big.
Solid growth in the number of passengers will fuel continued expansion of Tiger Airways' Australian operations after a loss of $S600,000 ($496,941) in 2009-10, according to the airline's annual report.
- Vote for your favourite steak for the chance to win a trip to Buenos Aires -Are you the kind of person who boasts about knowing where the greatest steak is served? Well, now is the time to put your money where your mouth is and help your favourite steak venue be crowned Pepperjack's National Steak...
VicHealth has today welcomed a bid to introduce a mandatory levy on alcohol and junk food advertising, in light of research that shows the overwhelming majority of Victorians want these industries to be accountable for the harm they cause."A levy on junk food and alcohol advertising would shift the ...
iiNet has announced the release of its bonded ADSL service offering, making it the first internet service provider in Australia to provide such optimized services. The deployment of the bonded DSL technology, which can likely double network speeds by integrating two copper wire pairs, is aimed at the SME market.
Macquarie bank (ASX:MQG) is the chief creditor to the TPG-Carlyle consortium buying Australia's second-largest hospital owner Healthscope, with the banker having about $150 million in committed funds out of total funded facilities of $1.2 billion and another $300m in committed but undrawn funds.
Uranium miner Paladin Energy Ltd (ASX: PDN) said on Monday that negotiations are underway with NGM Resources Ltd (ASX: NGM) for a possible takeover agreement on the latter’s mining operations in Australia, West Africa and Madagascar.
Barry Frank Jennings, a financial adviser based in New South Wales, has been barred from providing and offering fiscal services by the ASIC (Australian Securities and Investments Commission) after allegedly giving advice to SMSF investors to place their money on unlicensed products.
A Queensland bank in the far north has called in the authorities to investigate the disappearance of more than $3 million as they also continue to look for the branch’s manager who has been missing since the previous week.
Paladin Energy Ltd, the Uranium mining firm, has said that it is thinking of making a takeover bid to NGM Resources Ltd.
Chevron says it has cut a deal with Korea Gas Corporation for the sale of gas and an equity stake in the massive Wheatstone project located about 90 miles off Carnarvon Basin in Western Australia.
Authorities are investigating the insertion of a car bomb under the vehicle of an Xstrata senior executive at the firm’s Tahmoor Colliery site in New South Wales.
Underground coal gasification (UCG) plant operator Cougar Energy Ltd (ASX: CXY) said on Tuesday that company securities were suspended from further trading as exchange authorities await the decision of Queensland government on whether to allow the resumption of its pioneering Kingaroy operations or to stay its current shuttered status.
High-end department store giant David Jones Ltd (ASX: DJS) said on Monday that it would have an early exit from its Toombul Centre lease in Queensland in order to focus on the richly profitable Chermside store in the Westfield Shopping Centre, which is about five kilometres from Toombul.
Mineral sands explorer Iluka Resources Ltd (ASX: ILU) revealed on Tuesday that total production for its June quarter only reached 418.2 kilotonnes, slumping by 9.6 percent from the 462.5 kilotonnes posted on the corresponding period last year.
KOGAS (Korea Gas Corporation) has struck a 20 year deal to buy LNG (liquefied natural gas) from Western Australia’s Wheatstone gas project.
Santos has announced that is has secured a loan facility worth $2 billion from nine banks as it pushes ahead with its projects for liquefied natural gas in spite of the previous week’s environmental holdup.
The growth in the number of Melbourne-Sydney passengers in May is because of the come back of business travellers, according to federal government figures released yesterday.
Stephen Robertson, Minister for Mines and Energy, has announced that he will attend discussions regarding water contamination concerns in the South Burnett region of Queensland.
TPG and Carlyle will pay Healthscope $2.7 billion, the largest takeover offer for from a private equity concern in more than four years, for Australia's second-largest hospital owner.
After almost 50 years of attachment on Australia’s foremost media group, John B Fairfax is set to retire from the board of Sydney-based Fairfax Media Ltd (ASX: FXJ) as the company announced on Monday that the long-time board member would waive re-election bid for this year’s annual general meeting.
Singapore-based commodity trader Olam International Ltd. has expressed plans to buy into NZ Farming Systems Uruguay Ltd. offering NZ$109.6 million ($77 million).
