Christine Gaylican

1801-1830 (out of 1946) @#!/ibtimesau ibtimesau

NAB gets more time

National Australia Bank Ltd. has reached an agreement with AXA Asia Pacific Holdings Ltd., AXA SA to extend the period for NAB to satisfy the concerns raised by the Australian Competition and Consumer Commission until Aug. 31.

Infrastructure head looks to private firms

The chief of Infrastructure Australia says new financing solutions are necessary to attract private investors to put in funds into building projects, as taxpayer money gets hard come by.

Supermarkets race forge ahead of profits

Coles and Woolworths, the major supermarket players in Australia, continue to spend huge amounts of money for marketing, of which the results will be shown when both post their sales revenues for the fourth quarter in the week to come.

CSL expands major biotech facility

CSL boosts the medical research capacities of Victoria with its announcement of the expansion of primary biotech facility worth $235 million.

Hopes for Gold Coast waterways get scuttled

Hopes for a new and strong Gold Coast waterways board would be assembled to handle botched Broadwater have been ruined when the Bligh administration has introduced a weaker committee instead, which is limited only to making dredging location decisions.

China develops taste for NSW wine

Kristina Keneally, Premier of New South Wales, has made a visit to Shanghai’s Bright Foods Store to see for herself how NSW’s Hunter Valley wine is doing in the Chinese market, currently the fourth biggest export line for Australia’s wine.

Abbott promoting ‘extremist views’ – Swan

Wayne Swan, Treasurer of the Australian federal government, has accused Opposition leader Tony Abbott of holding and promoting “extremist views” that incite disunity, as he talked about the Australia’s economic credentials.

Sigma cuts annual profit forecast

Sigma Pharmaceuticals Ltd has downgraded its profit forecast for the full year by around 31 percent as it strives to convince Aspen Pharmacare to up its takeover bid worth $A649.73 million ($US573 million).

Transfield Services gains NBN job in NSW

High speed broadband connections are about to become a reality for Kiama Downs and Minnamurra areas in NSW following the National Broadband Network’s deal with Transfield Services yesterday.

NAB, AXA talks progressing

NAB (National Australia Bank Limited) has said talks over the possible divestment of AXA APH’s (AXA Asia Pacific Holding) Wealth.net arm were still on-going just several hours before the exclusivity deal of NAB over its $13.3 billion offer lapses.

Jetstar expands its flights in Queenstown

Jetstar, the budget airline, has announced its expansion of the airline’s services in Queenstown by more than 50 per cent, with twice a week services from Melbourne to the Gold Coast by the middle of December.

Gold loses some shimmer

Gold, though little changed in early Asian trade, is seen to lose its shimmer and prices may reach the $1,200 per ounce because investors are now keener to invest in other riskier assets.

Australian coal exports up in June

Australia's coal exports rose 10.1 million metric tons in June, as more demand from steel-making countries Brazil and India raises demand, according to data posted on the North Queensland Bulk Ports Corp.'s website.

Hundreds attend Talbot’s funeral

A multitude of family members and friends came together to bid mining magnate Ken Talbot farewell at a funeral service held at St John's Cathedral in Brisbane this morning.

Rio Tinto's iron ore slightly down

Rio Tinto Group, Australia's third largest mining firm, reported a lower iron ore production in the second quarter, a statement to the Australian Stock Exchange indicated.

Qantas advances delivery of new 787s

Qantas has advanced the delivery date of the first set of the state-of-the-art Boeing 787 Dreamliners by a couple of years, indicating the company’s confidence in the recovery of air travel demand.

Gindalbie boosts Karara mining project

Gindalbie Metals Limited, emerging iron mining firm, projects to shell out $80.4 million in developing its Karara development project worth about $2 billion for the third quarter of this year, which is situated at the midwest area of Western Australia.

IUCN, Rio Tinto forge 3-year collaboration

IUCN (The International Union for Conservation of Nature) and Australia's third largest mining firm Rio Tinto today entered into a formal collaboration agreement, committing to work together over a three-year period.

Aussie dollar breaks 3-wk high

The Australian dollar collapsed from near its highest in three weeks as a report likely to show economic growth in China-the country's largest trading partner-has likely slowed down.

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