Business

Saturday, May 25th, 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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Market falls heavily again

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

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

Apex hires PCF for Wiluna sale

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

ASX falls further mid-session

Local bourse deeply in the red on second consecutive day of broad-based selling. 11:09 am

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

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 May 24, 2013, 3:30 pm
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

Domestic flights less full in March

Government figures show Australia's domestic airlines were a little less full in March, with the growth in extra seats outpacing demand. May 24, 2013, 7:24 pm

ASIC appeals Storm class action settlement May 24, 2013, 6:20 pm
Govts want 'generous' Ford contribution May 24, 2013, 5:14 pm
Vic premier sees light for Geelong May 24, 2013, 4:35 pm
WestBusiness stock listings May 24, 2013, 3:30 pm

World

IMF chief avoids charges in French payout scandal

PARIS (AFP) - IMF chief Christine Lagarde avoided immediate charges but was named an "assisted witness" after French prosecutors grilled her for two days over… 1 hour, 6 minutes ago

News Corp to take charge of up to $1.4 billion this quarter May 25, 2013, 7:48 am
US markets turn sober after Japan plunge May 25, 2013, 7:08 am
Bankia sells City National Bank for 683m euros May 25, 2013, 6:55 am
Visa, Mastercard ask U.S. court to declare card fees are lawful May 25, 2013, 5:44 am

Technology

Google to bankroll, build wireless networks across Africa - WSJ

(Reuters) - Google Inc intends to finance, build and help operate wireless networks from sub-Saharan Africa to Southeast Asia, hoping to connect a billion or… May 25, 2013, 5:47 am