Business

Friday, May 24th, 2013

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FLNG fears grow

Chairman of committee inquiring into floating LNG expresses fears for proliferation of technology.

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Ord sugar deal closer

State Govt on verge of announcing next step in deal that clears way for Chinese investment in Kimberley.

Farm group criticises aid criteria

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iiNet defends its valuation

CFO David Buckingham defends ISP's lofty valuation after shares in the company plunged yesterday.

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UN sees weak recovery

World economy should begin weak recovery this year but the United Nations says Japan faces 'risks'.

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Maccas faces its critics

McDonald's has again faced criticism that it is a purveyor of junk food that markets to children.

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PM rules out raising tariffs

Julia Gillard won't lifts tariffs to protect Australia's struggling manufacturing sector. 01:29 pm

Related:: Costs also hurting Holden

Retailers call on govt to lift game

Retailers want Feds to cut taxes, red-tape and instill confidence to help boost sector. 11:04 am

AACo posts $46.5m loss

Beef cattle producer blames suspension of live exports and lower rainfall. 10:32 am

Apex hires PCF for Wiluna sale

Corporate advisory firm PCF Capital Group hired to market and sell Wiluna gold mine. 01:23 pm

Market falls heavily again

Aussie sharemarket falls for fourth straight session as bearish sentiment grows. 02:15 pm

WA Business

Pollies spooked by FLNG proliferation

Both major WA political parties fear Shell's Prelude floating liquefied natural gas project will trigger a departure from onshore processing, slashing state… May 24, 2013, 2:18 pm

WestBusiness stock listings 1 hour, 15 minutes ago
Apex hires PCF for Wiluna sale May 24, 2013, 1:23 pm
OTOC jumps on Nauru contract May 24, 2013, 7:32 am
Engineering firm axes 150 jobs May 24, 2013, 7:31 am

National

Vic premier sees light for Geelong

Victorian Premier Denis Napthine has vowed work with industry to grow jobs in Geelong after Ford's announcement it will stop making cars in the city. 10 minutes ago

WestBusiness stock listings 1 hour, 15 minutes ago
$A finishes the day higher 1 hour, 31 minutes ago
Echo sale packed with Crown confidence 1 hour, 54 minutes ago
Aust bonds weaker May 24, 2013, 2:42 pm

World

Fed's Bullard wants inflation pickup before tapering QE

LONDON (Reuters) - A top Federal Reserve official said on Friday U.S. 48 minutes ago

Co-op Bank stops lending to new corporate clients 50 minutes ago
Vietnamese inflation lowest in eight months 1 hour, 10 minutes ago
UK may be three quarters of the way through debt purge - Fisher 1 hour, 34 minutes ago
India's Wockhardt shares dive on US import ban 1 hour, 39 minutes ago

Technology

Google, Facebook in talks to buy Waze for $1bn

Google is considering buying Israeli mobile satellite navigation start-up Waze for $1bn, which may lead to a bidding war with Facebook. May 24, 2013, 9:08 am