A Qantas flight between Sydney and Adelaide has used a 50-50 mix of conventional fuel and refined cooking oil.The biofuel costs far more than conventional fuel, partly due to its importation from the United …
April 15, 2012
Premier quiet on the "R" word
The Premier Lara Giddings has refused to concede Tasmania is in recession.Tasmania’s unemployment rate is now 7.2 per cent, the highest in the country.Last week Saul Eslake said that was equivalent to …
Proposed second Sydney airport site ‘not real life’
New South Wales Premier Barry O’Farrell says the Federal Government should look at improving the capacity of Sydney’s existing airport before worrying about building a second one.Over the past few weeks, …
Sony turnaround plan ‘ordinary’: analysts
Sony has little chance of winning back its reputation as an innovator or vaulting ahead of stronger rivals with the “ordinary” turnaround plan its new chief unveiled last week, analysts said.On …
Europe struggles to inject growth as recession sets in
With recession looming in debt-struck Europe, governments face growing pleas to move away from all-out austerity and inject growth policies as leaders struggle to revive their economies.European Union …
Wall Street commodity prices boost Australian stocks
THE Australian share market ended the week on a high, gaining one per cent on the back of a strong lead from Wall Street.
US shares surge on positive data
US stocks have jumped as traders grew bullish on fresh economic indicators in the United States, Asia and Europe.
Goldman fined $22m for leaky research
GOLDMAN Sachs will pay a $22 million ($A21million) fine to settle charges that it allowed clients to get tip-offs on equity research.
US stocks higher on better global data
US stocks opened higher overnight helped by data showing the US trade deficit narrowed in February and positive indicators in Asia and Europe.