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

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

Diversified industrial considers offers for Futuris Automotive and Elders Rural Services businesses. 07:50 am

Carnegie in wave project milestone

Defence dept formally hands over site at HMAS Stirling for Carnegie's wave energy project. 09:15 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 17 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… 27 minutes ago

Aust shares fall 15 minutes ago
$A the key to RBA rates outlook 17 minutes ago
Federal Oakajee funding likely to be lost 17 minutes ago
Stocks to watch at close on Tuesday 22 minutes ago

World

Costa Coffee demand helps Whitbread to first-quarter sales rise

LONDON (Reuters) - Britain's Whitbread posted a 3.1 percent rise in first quarter sales, as demand for hot drinks at its Costa Coffee chain helped… 9 minutes ago

EasyJet to expand fleet with Airbus A320, A320neo aircraft 15 minutes ago
Draghi flags ECB's readiness to act 18 minutes ago
Monte Paschi confirms sent restructuring plan to EU on Monday 22 minutes ago
China, EU to hold talks on solar dispute 7 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… 21 minutes ago