Business

Tuesday, June 18th, 2013

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Lisa Ho closing down

About 100 staff to lose jobs as Lisa Ho becomes the latest casualty of the Australian fashion industry.

Work for less, Holden asks staff

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Rinehart fight continues

Ginia Rinehart to subpoena newspapers over John Hancock's 'disparaging' comments.

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Screeners continue action

Security screeners at Perth Airport continue their campaign for better pay today.

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US, EU eye big trade pact

United States, European Union launch long-awaited formal negotiations on a vast trade pact.

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Tower signals new faith

Developer gives ringing endorsement of WA economy, announcing it will build 16-storey office block.

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WA new car sales slump

Slowdown in State's mining sector filters through to car market as potential buyers tighten their belts.

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RBA willing to cut rates again

Central Bank hints it is prepared to cut rates further even though Aussie dollar is falling. 10:04 am

Federal Oakajee funding set to be lost

Fed Govt won't let State Govt spend $339m in funding for Oakajee project on other things. 02:24 pm

Metals X shelves Wingellina project

Miner halts work on remote nickel project because of weak market conditions, low commodity prices. 12:13 pm

Elders rejects Ruralco bid

Shares slump as company rejects offer for Futuris Automotive and Elders Rural Services businesses. 07:50 am

Market closes marginally lower

The Australian sharemarket lost ground today, but finished well of the day's lows. 02:14 pm

WA Business

Metals X shelves Wingellina project

Metals X has shelved work on its remote Wingellina nickel-cobalt project because of weak market conditions and low commodity prices. June 18, 2013, 12:13 pm

Federal Oakajee funding likely to be lost 43 minutes ago
Lynas drops legal action against protesters June 18, 2013, 10:52 am
Port's $1.5m investigation to move river June 18, 2013, 9:33 am
Carnegie in wave project milestone June 18, 2013, 9:15 am

National

Market closes marginally lower

The Australian sharemarket lost ground today, but finished well of the day's lows, as a fresh bout of US interest rate jitters and a weak Australian dollar… 53 minutes ago

Aust shares fall on investor caution 13 minutes ago
Aust shares fall 41 minutes ago
$A the key to RBA rates outlook 43 minutes ago
Federal Oakajee funding likely to be lost 43 minutes ago

World

easyJet to buy 135 Airbus A320s for $12bn

LONDON (AFP) - British no-frills airline easyJet announced a deal to purchase 135 Airbus single-aisle A320 passenger planes, including 100 new generation neo… 28 minutes ago

China, EU to hold talks on solar dispute 33 minutes ago
Costa Coffee demand helps Whitbread to first-quarter sales rise 35 minutes ago
EasyJet to expand fleet with Airbus A320, A320neo aircraft 41 minutes ago
ECB rates becoming more effective again - Draghi 44 minutes ago

Technology

North Korea says surveillance leaks prove U.S. is "kingpin" of rights abuse

SEOUL (Reuters) - North Korea rushed to the defense of American civil liberties on Tuesday, saying revelations of mass surveillance operations showed the… 47 minutes ago