OneSteel has launched a takeover bid for Lower Hutt-based Steel & Tube holdings, a NZ steel distributor.
September 29, 2008
Qld Govt warns action over hospital work bans
The Queensland Government says it will take public sector unions to the Industrial Commission if patient safety is affected by hospital work bans.
US negotiators finalise bailout deal
It has taken days of marathon meetings, but US politicians now think they have struck a deal to tackle the country’s worst financial crisis in decades.
Backpacker numbers rise despite economic woes
The global economic downturn does not seem to have stopped backpackers from visiting Queensland’s tourist capital.
British Govt intervenes to prevent bank collapse
Britain’s eighth largest bank is to be nationalised after its share price collapsed, in further fallout from the US financial crisis.
Bailout expected to boost share market
THE share market is expected to open higher today following gains on Wall Street, which rose in anticipation of progress on the US Government’s proposed bailout of the financial sector.
Investors to hear ABC of disaster
DON’T bet your children on it, but within the next two days ABC Learning investors should finally be told about the real extent of red ink flowing from the embattled childcare group.
Visy warns of carbon job cuts
RECYCLING giant Visy has warned that the Government’s proposed emissions trading scheme would force it to immediately close two recycling and paper manufacturing facilities with the direct loss of 160 jobs.
Suncorp at centre of takeover speculation
LOOK hard enough at Suncorp’s logo of an emerging sun, and its “Queenslandness” becomes apparent.
European banks hit by global crisis
THE global financial crisis took a toll on Europe today, with top officials scrambling to save Fortis bank and Britain reportedly planning to nationalise mortgage lender Bradford & Bingley.