Business

Friday, May 24th, 2013

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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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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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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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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… 23 minutes ago

Apex hires PCF for Wiluna sale 1 hour, 18 minutes ago
OTOC jumps on Nauru contract May 24, 2013, 7:32 am
Engineering firm axes 150 jobs May 24, 2013, 7:31 am
Farm group criticises aid criteria May 24, 2013, 7:30 am

National

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… 23 minutes ago

CFMEU Vic blockades in contempt of court 12 minutes ago
Stocks to watch at close on Friday 19 minutes ago
Aust shares close weaker 21 minutes ago
Market falls heavily again 26 minutes ago

World

Private consumption helps Germany to meagre growth in first-quarter

Berlin (Reuters) - Private consumption helped Germany eke out meagre economic growth of 0.1 in the first quarter of the year, compensating for declines in… 29 minutes ago

Australia economy strong despite end to Ford production: PM 48 minutes ago
Japan's Nikkei turns positive in volatile trade 1 hour, 49 minutes ago
EADS offers $2.0 bln sweetener for S.Korea jet deal May 24, 2013, 12:26 pm
US panel rejects Motorola bid to block Xbox imports May 24, 2013, 12:23 pm

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