One of the OECD’s leading economists says there is a strong chance that the world’s leading economies could quickly slide back into recession.
February 28, 2010
More taxis on WA roads
The WA Transport Minister, Simon O’Brien, has announced extra taxis will be on the state’s roads by the end of the year.
Stocks set to open higher led by Wall St
Australian shares are likely to open moderately higher on Monday after a better-than-expected February reporting season and as Wall Street edged up on Friday.
EU budget enforcer to meet Greek leaders in Athens
BRUSSELS (AFP) – The EU’s top budget enforcer will meet Greek leaders in Athens on Monday to inspect the government’s plans to slash its massive public deficit and debt and discuss the way forward, his office said.
Britain’s Prudential in AIA bid: report
LONDON (AFP) – British insurer Prudential is in talks to buy AIA, the Asian arm of US giant AIG, for 25 billion dollars, Sky News television reported Saturday.
US growing, but foul weather hits Wall St
THE US economy grew a touch more than initially thought in the fourth quarter, but a surprise drop in January home sales to a seven-month low and weaker consumer sentiment underscored the headwinds for the recovery.
Wall Street sputters on mixed signals
STOCKS struggled to post gains as the market mulled upwardly revised data on US economic growth and ongoing tensions.
February 26, 2010
Private sector credit rose 0.4%: RBA
The fall in business credit after the global downturn appears to have been arrested and credit is flowing again for housing and non housing loans, data shows.
Tiger says Aussie operations profitable
Tiger Airways Holdings Ltd chief executive Tony Davis says the low-cost airline & #39;s Australian operations have been profitable for the past six months.
WA biggest loser in GST carve-up: review
Western Australia was the biggest loser in the annual carve-up of GST revenue, the Commonwealth & #39;s Grants Commission review released on Friday showed.