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August 31, 2008

Wizard cut rates for first time in 7 yrs

Filed under: market — Ami @ 8:06 am

Wizard Home Loans has become the first lender to cut its variable interest rate in seven years.

Emirates expands long-range 777 fleet

Filed under: market — Ami @ 8:06 am

DUBAI (AFP) – Dubai’s Emirates airline on Saturday took delivery of two long-range Boeings, a 777-200LR and 777-300ER, bringing the carrier’s all wide-bodied passenger fleet to 111 aircraft.

Wood supply doubts for proposed pulp mill

Filed under: market — Ami @ 8:06 am

Tasmania’s key business group has rejected suggestions that the Premier should force Forestry Tasmania to tear up its agreement to supply wood to Gunns’ proposed northern Tasmanian pulp mill.

Germany hit by ‘pronounced slowdown’: economist

Filed under: market — Ami @ 8:06 am

BERLIN (AFP) – Germany’s economy is undergoing a & quot;pronounced slowdown & quot; that could drag on to 2010, the chief economist at Deutsche Bank, Norbert Walter, said in an interview released Saturday.

Indian tycoon K.K. Birla dies at the age of 90

Filed under: market — Ami @ 8:06 am

KOLKATA, India (AFP) – Indian tycoon Krishna Kumar Birla, whose family empire spanned industries from sugar to newspapers, died Saturday at the age of 90, an aide said.

August 29, 2008

Australia & #39;s desire for credit & #39;slowing & #39;

Filed under: market — Ami @ 8:06 pm

Australia & #39;s appetite for credit continues to wane following interest rate hikes earlier this year, with the housing sector taking a big hit.

Carbon emitters air concerns over trading scheme

Filed under: market — Ami @ 8:06 pm

Some of Australia’s largest greenhouse gas emitters have aired their views on the proposed emissions trading scheme in meetings with Federal Energy Minister Martin Ferguson today.

Oil prices rise as Gustav threat looms

Filed under: market — Ami @ 8:06 pm

LONDON (AFP) – Oil prices rebounded on Friday as Tropical Storm Gustav risked becoming a hurricane once more and threatening energy production in the Gulf of Mexico, home to US refineries.

Youth & #39;vulnerable to Net identity theft & #39;

Filed under: market — Ami @ 8:06 pm

Most Australian pay no attention to protecting their identity from being stolen, leaving themselves vulnerable, a survey has found.

Bradford & Bingley bank says suffers first-half loss

Filed under: market — Ami @ 8:06 pm

LONDON (AFP) – British mortgage lender Bradford & amp; Bingley said on Friday that it had endured a net loss of 17.2 million pounds (21.3 million euros, 31.4 million dollars) in the first half of 2008.

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