Business

Wednesday, June 19th, 2013

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City tower sells for $458m

Receivers for Luke Saraceni's Raine Square tower sell development to property group Charter Hall.

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Hughes blasts council

Car dealer accuses Victoria Park council of impeding his business by refusing plans to rebuild an office.

Council overruled on Subi tower

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Hancock trust 'to be fair'

John Hancock vows not to discriminate against Ginia if he replaces his mother as head of family trust.

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Deloitte keeps the faith

Deloitte's nation-leading Perth office is keeping the faith despite the affects of the mining slowdown.

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Prawn farm venture closer

CO2 lines up investors for talks about a big prawn farming venture in the State's Kimberley region.

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Axe falls on Rio executives

Mining giant lays off as many as 40 to 50 senior executives at its Perth city office. 06:58 am

Airport screeners strike goes national

Security staff rally at Qantas terminals across nation in support of Perth comrades. 10:17 am

Tinkler sells Whitehaven stake

Embattled entrepreneur sells 9.9pc stake in coal miner for about $300m. 08:40 am

Premier renews attack on FLNG

Barnett renews his attack on Shell's 'unreliable' floating gas processing technology. 07:17 am

Related:: Chevron in Kurdish exploration deal

Market still in the black mid-session

Local bourse trades firmer after positive overnight lead from Wall St. 10:44 am

WA Business

Airport screeners strike goes national

Security screening staff are rallying at Qantas terminals around Australia in support of Perth airport colleagues who have been locked out of their jobs… 1 hour, 40 minutes ago

Raine Square sells for $458m June 19, 2013, 8:35 am
Hughes blasts council inflexibility June 19, 2013, 7:24 am
Prawn farm venture closer June 19, 2013, 7:21 am
Deloitte Perth keeps the faith June 19, 2013, 7:18 am

National

Market still in the black mid-session

Australian shares were stronger mid-session, with trading levels light as investors await a crucial economic statement from the US Federal Reserve. 1 hour, 13 minutes ago

Inglorious debut for split News 17 minutes ago
New News Corp in weak ASX debt 37 minutes ago
Health disasters can derail a business 56 minutes ago
$A weakens as sellers expect rate cuts 1 hour, 34 minutes ago

World

Japan's May trade deficit widens on import costs

TOKYO (AFP) - Japan extended a string of trade deficits in May, official data showed on Wednesday, as the country's import costs rose on the weak yen, but… 1 hour, 37 minutes ago

Asia business sentiment rises in second quarter, global growth risk still dominates 49 minutes ago
Kodak prepares $406 million offering as it eyes bankruptcy exit June 19, 2013, 8:48 am
UK banking needs 'radical' overhaul: study June 19, 2013, 7:27 am
Vodafone raises Kabel Deutschland offer after rival bid - report June 19, 2013, 7:24 am

Technology

Rhode Island on track to make payment on 38 Studios bonds

(Reuters) - Rhode Island remains on track to make a $2.5 million interest payment next year on bonds that were used to finance the facilities of 38 Studios, a… 9 minutes ago