Sunday, May 26th, 2013

Latest News

Coca-Cola 'recipe' finds teen buyer - at $15 million

What could be a World War II era recipe for Coca-Cola's secret formula found a buyer on eBay - a 15-year-old who now has three days to come up with $15 million to pay for it.
May 16, 2013, 5:16 pm
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Toyota becomes Asia's biggest firm by market value

TOKYO (AFP) - Toyota has accelerated past South Korea's Samsung Electronics to become Asia's biggest company by market value, after the Japanese automaker's shares doubled in the past year.
May 16, 2013, 5:10 pm
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Qld faces battle over cattle crisis

The federal government doesn't want Queensland to open up national parks to starving cattle and says farmers should instead take up concessional loans.
May 16, 2013, 5:10 pm

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Chief executives and the itch to quit

By Andrew Callus
LONDON (Reuters) - On approaching his 60th birthday this year, long-serving Tullow Oil boss Aidan Heavey told staff he felt "like two 30 year-olds".
...
May 16, 2013, 5:08 pm

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Design chosen for Packer's billion dollar hotel

British firm Wilkinson Eyre Architects has won a competition to design James Packer's proposed billion-dollar casino and hotel at Sydney's Barangaroo precinct.
ABC - May 16, 2013, 5:03 pm

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Six dead in Texas storms

WASHINGTON (AFP) - A powerful storm that may have spawned tornados ripped through northern Texas, killing six people and injuring more than 100, media reports said.
May 16, 2013, 5:02 pm

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National Grid sees year of good operating performance

LONDON (Reuters) - British energy distributor National Grid said it expected another year of good operating performance after reporting a six percent rise in annual pre-tax profit.
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May 16, 2013, 4:58 pm
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Six bodies found after fire on ship in Japan

TOKYO (AFP) - Six bodies, suspected to be those of Russian crew members, were found aboard a cargo ship that caught fire on Thursday while anchored in a Japanese port, a coastguard and news reports said.
May 16, 2013, 4:56 pm

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DisabilityCare laws pass Senate

The Senate has passed the government's DisabilityCare Australia bills, raising the Medicare levy and ensuring the scheme goes ahead on July 1.
May 16, 2013, 4:55 pm
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Aviva new business growth driven by UK and Asia

LONDON (Reuters) - British insurer Aviva Plc said the value of new business rose by nearly a fifth in its fiscal first quarter, with increased demand in Asia and its home British market h...
May 16, 2013, 4:54 pm

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Calls for Entsch to be sacked after pair refusal

The Federal Government is demanding Coalition MP Warren Entsch be sacked for refusing to grant leave to a Labor MP so she could be with her sick baby.
ABC - May 16, 2013, 4:53 pm
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Bovis Homes says sales and prices beating own expectations

LONDON (Reuters) - British housebuilder Bovis Homes said sales rates and prices were beating management's expectations, becoming the latest in a string of firms in the industry to have s...
May 16, 2013, 4:49 pm

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Bondi Beach oral rape jury discharged

The jury in the trial of a British man accused of forcing a woman to give him oral sex on Bondi Beach has been discharged.
May 16, 2013, 4:47 pm
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Marston's eyes improvement after weather-hit first half

LONDON (Reuters) - British pub and brewing firm Marston's , home to the Pitcher & Piano bars, said recent sales had improved as it posted an expected fall in profit following a weath...
May 16, 2013, 4:47 pm

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Luhrmann expected Gatsby criticism

Australian director Baz Luhrmann has told media in Cannes he expected criticism over The Great Gatsby, but he's humbled by its early success.
May 16, 2013, 4:44 pm

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Invensys to return 625 million pounds to shareholders from rail sale

LONDON (Reuters) - British engineer Invensys reported a full year operating profit of 131 million pounds ($199.5 million), in line with market expectations, and announced a payment of a...
May 16, 2013, 4:42 pm
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Petrofac expects modest growth hit by In Salah delays

LONDON (Reuters) - British oil services firm Petrofac said it expected modest growth in net profit this year after its books were hit by the shutdown of the In Salah gas plant in Algeria...
May 16, 2013, 4:38 pm
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UK's SIG Plc says harsh winter has hurt first half

(Reuters) - Building materials supplier SIG Plc said challenging markets and harsh winter in Europe in January-April have hurt first-half performance and added that it did not expect to ...
May 16, 2013, 4:37 pm
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Demand for TV helps TalkTalk return to revenue growth

LONDON (Reuters) - British telecoms operator Talk Talk said it was "firmly on track" to achieve its targets after demand for its new TV and mobile services helped the once struggling gr...
May 16, 2013, 4:37 pm
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Australia pushes for ocean 'fertilisation' ban

SYDNEY (AFP) - Australia said it was pushing for a ban Thursday of any commercial use of a pioneering technique to reduce the impacts of climate change by "fertilising" the world's oceans with iron, warning of significant risks.
May 16, 2013, 4:37 pm

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