Beverages firm Coca-Cola Amatil Ltd says it cannot rule out interest in some of the beer assets of beer and wine firm Foster & #39;s Group Ltd.
July 28, 2010
BAT first half profit up four per cent
British American Tobacco says its profit rose 4 per cent in the first half of the year, helped by the acquisition of PT Bentoel in Indonesia.
Share market gains fourth straight day
The Australian share market fought back from brief losses sparked by today’s weaker than expected inflation figures to close about 0.6 per cent higher.
Australian shares jump 0.7 pct; banks, big miners hold sway
MELBOURNE, July 28 (Reuters) – Australian stocks rose 0.7 percent on Wednesday in a late rally, with the banks and major miners following Asian markets higher after a brief dip spurred by lower-than-expected June quarter inflation.
Low inflation quashes rate rise fears
Borrowers and the government can breathe easy after lower than expected official inflation data all but rules out a mid-election rate rise, economists say.
Apple delivers cut-price items after error
US computer giant Apple agreed overnight to deliver computers to customers at massive discounts after mistakenly offering them at bargain prices, according to a Taipei consumer watchdog.
Shares show no fear, opening higher
THE share market has opened a little stronger, as the major banks and mining companies gained, despite a lead by Wall Street.
CPI suggests RBA will hold fire on rates
HOMEBUYERS can breathe a sigh of relief that today’s inflation numbers will likely see the RBA hold fire on interest rates.
Cutting spending a challenge for China – IMF
CHINA faces a key challenge of unwinding stimulus measures and easing credit expansion as it pushes ahead with rapid economic growth, the IMF said.
Shares close higher on inflation data
THE share market finished firmer for the fourth consecutive trading day, closing at its strongest level for more than a month.