Saturday, November 21st, 2009

World

OECD calls for action on UK debt

OECD calls for action on UK debt

After British Prime Minister Gordon Brown pledges a new law to fix the country's public finances.

  • China hikes energy rates for businesses

    China raised electricity rates for businesses and industries on Friday by 5.7 per cent and says more hikes are planned, as the country adjusts prices to reflect costs and promote energy saving.

    November 20, 2009, 11:42 am
  • Philip Morris ordered to pay $US300m to former smoker

    Philip Morris has been ordered to pay $US300 million ($A326.3 million) in damages to a former smoker in Florida, the largest award to date among thousands of lawsuits filed in the state against tobacco companies.

    November 20, 2009, 9:23 am
  • US newspaper revenue slumps 28pc

    Newspaper advertising revenue in the US plunged 28 per cent in the third quarter to $US6.4 billion ($A6.88 billion).

    November 20, 2009, 7:17 am
  • OECD calls for action on UK debt

    The OECD has urged action as new data shows Britain plunging ever deeper into debt, one day after Prime Minister Gordon Brown pledged a new law to fix public finances.

    November 20, 2009, 6:26 am
  • Britain urged to act as debt mounts

    The OECD has urged action as new data shows Britain plunging ever deeper into debt, one day after PM Gordon Brown pledged a new law to fix public finances.

    November 20, 2009, 3:42 am
  • Deutsche boosts stake in China's Huaxia Bank

    Deutsche Bank is set to become the largest shareholder in China's Huaxia Bank after agreeing to increase its stake in the mid-sized lender to 17.12 per cent, the Chinese bank said.

    November 19, 2009, 12:40 pm
  • JP Morgan Chase to buy Cazenove for $1.8b

    US investment bank JP Morgan Chase will unveil a STG1 billion ($A1.8 billion) deal to buy 190-year-old London stockbroker Cazenove, a newspaper said.

    November 19, 2009, 9:15 am
  • Record breaking gold price run rolls on

    Gold prices rose overnight to another all-time high near $1150 an ounce, boosted by the weak level of the US currency, analysts said.

    November 19, 2009, 6:29 am
  • British govt vows to tackle massive deficit

    The British government has vowed to slash the nation's massive deficit and tighten up rules for the financial services industry as the countdown to the general election begins.

    November 19, 2009, 6:27 am
  • Air France-KLM to axe 1700 jobs

    Air France-KLM says it will cut 1700 jobs next year after Europe's largest airline posted a bigger than expected net loss for the second quarter.

    November 19, 2009, 6:24 am
  • Toyota records first sales rise in 15 months

    Toyota's global sales increased five per cent in October from a year earlier to about 640,000 vehicles, the first such rise in 15 months, Kyodo News reported today citing unnamed company sources.

    November 18, 2009, 11:39 am
  • US public debt cracks $US12 trillion

    The US public debt topped $US12 trillion ($A12.8 trillion) for the first time in history, Treasury officials disclosed overnight, moving past a key barrier that raised hackles in Congress.

    November 18, 2009, 6:52 am
  • Money beats happiness for French

    Gross domestic product - that traditional way of measuring economic growth - has won out over a new happiness index in France.

    November 18, 2009, 6:49 am
  • Hershey, Ferrero may launch bid for Cadbury

    US chocolate maker Hershey has launched talks with Italian-based Ferrero on a joint bid for Britain's Cadbury, the object of a hostile takeover effort from Kraft Foods, the Wall Street Journal reports.

    November 18, 2009, 6:46 am
  • Coca-Cola looks to double market in a decade

    Coca-Cola seeks to double its business in the next decade as it caters to the expected billion people worldwide who will join the middle class by 2020.

    November 17, 2009, 7:39 am
  • Bernanke tips slow US growth to continue

    US Federal Reserve chairman Ben Bernanke says he expects the economy to sustain its growth into 2010 despite "important headwinds", including tight credit and weak employment.

    November 17, 2009, 6:36 am
  • Airlines agree to liberalisation plan

    Nations representing 60 per cent of global aviation endorsed overnight a plan to liberalise the flagging industry that will drive consolidation and could lead to the emergence of multinational airlines.

    November 17, 2009, 6:32 am
  • Fed working to help ensure strong $US: Bernanke

    The Federal Reserve is "attentive" to the slide in the US dollar and is working to "help ensure that the dollar is strong and a source of global financial stability", Fed chairman Ben Bernanke said overnight.

    November 17, 2009, 6:29 am
  • Foreign investment in China rising, says government

    Foreign direct investment in China rose for a third straight month in October, the government said, suggesting the country's economic recovery is drawing in more foreign money after a slowdown amid the global crisis.

    November 16, 2009, 11:58 am

Tonight on 7 Perth and GWN

  • 6:30pm: Cars

    6:30pm: Cars

    Race car Lightning McQueen is living life in the fast lane until he hits a detour on his...

  • 8:30pm: Pirates of the Caribbean: Dead Man's Chest

    As Will and Elizabeth prepare to exchange vows, their wedding plans hit rough waters with the arrival of Jack Sparrow.

  • 12:00pm: Darkness

    A chilling tale of a family whose life forever changes when they move into a new home with an ancient secret.

Opinion

  • Jason Jordan, Tech Blogger

    November 11, 2009, 1:26 pm
    The NBN: Not Bloody Necessary

    If you're using Australia's largest internet service provider, Telstra Bigpond, for your access to the internet, you're probably still connecting at less than 2Mbit. And chances are, your upload speed is limited to less than 1Mbit....

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