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Business News
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Google to settle privacy case for $9mFri, 03 Sep 2010 21:43:00 GMTGOOGLE has agreed to pay $US8.5 million dollars ($9.2 million) to settle a privacy lawsuit over its Buzz social networking feature, according to court documents.
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US stocks soar after employment dataFri, 03 Sep 2010 21:00:00 GMTUS stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track.
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The man who would be KingFri, 03 Sep 2010 14:00:00 GMTWHEN the Leighton Holdings board convenes for its regular monthly meeting on Monday, there will be one notable absentee.
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Sigma braces for court battleFri, 03 Sep 2010 14:00:00 GMTA CLASS action lawsuit against pharmaceutical major Sigma over its $389 million annual loss has moved a step closer to the courtroom.
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We'll handle crop, GrainCorp saysFri, 03 Sep 2010 14:00:00 GMTGrainCorp will be able to cope with increased loads from an expected bumper crop and increased demand from major importing nations.
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Yuan value becomes political hot potatoFri, 03 Sep 2010 14:00:00 GMTTHE US Commerce Department ruled on Tuesday the value placed on the yuan by Beijing was a direct subsidy to Chinese exporters.
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Taxman bruised in BHP battleFri, 03 Sep 2010 14:00:00 GMTTHE Australian Tax Office has had its claims against BHP Billiton further whittled down after the High Court refused to hear an appeal.
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Fortescue note 'risks' reputationFri, 03 Sep 2010 14:00:00 GMTFORTESCUE Metals Group could raise up to $1.97 billion in interest-free cash if it wins a battle with shareholder Leucadia National.
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Dollar flat ahead of US figuresFri, 03 Sep 2010 14:00:00 GMTTHE Australian dollar was relatively flat in quiet Asian trading yesterday as traders waited for a report on US employment, due overnight.
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Goodman to sell bondsFri, 03 Sep 2010 14:00:00 GMTA FUND managed by Goodman Group plans to sell $250 million of commercial mortgage bonds to Challenger Financial Services Group.
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Canada's $3.75bn Andean swoopFri, 03 Sep 2010 14:00:00 GMTAUSTRALIA'S second-largest gold company, Andean Resources, has recommended a $C3.6 billion ($3.75bn) offer from Goldcorp Inc.
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Bank bosses creme de la creme of big earnersFri, 03 Sep 2010 14:00:00 GMTAUSTRALIA'S 30 top executives have earned a collective $1.5 billion in the six years since mandatory disclosure began.
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Pursuit of funds flattened MFSFri, 03 Sep 2010 14:00:00 GMTAS Michael King cursed, joked and threw about slang before court this week, he looked every bit the small-time Gold Coast solicitor.
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The man who would be KingFri, 03 Sep 2010 14:00:00 GMTWHEN the Leighton Holdings board convenes for its regular monthly meeting on Monday, there will be one notable absentee.
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Stocks finish week on a highFri, 03 Sep 2010 14:00:00 GMTTHE Australian sharemarket posted its first weekly gain in four weeks, supported by materials and industrials.
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Risky view takes wizard from OzFri, 03 Sep 2010 14:00:00 GMTGLOBAL investors are losing faith in the "Australian story", doubting the strength of the economy and the resilience of the sharemarket.
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Dollar flat ahead of US figuresFri, 03 Sep 2010 14:00:00 GMTTHE Australian dollar was relatively flat in quiet Asian trading yesterday as traders waited for a report on US employment, due overnight.
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Fortescue note 'risks' reputationFri, 03 Sep 2010 14:00:00 GMTFORTESCUE Metals Group could raise up to $1.97 billion in interest-free cash if it wins a battle with shareholder Leucadia National.
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Taxman bruised in BHP battleFri, 03 Sep 2010 14:00:00 GMTTHE Australian Tax Office has had its claims against BHP Billiton further whittled down after the High Court refused to hear an appeal.
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Nufarm out of index, on S&P credit watchFri, 03 Sep 2010 14:00:00 GMTNUFARM'S woes have continued to worsen, dropped from a leading share market index and placed on high alert by a credit rating agency.
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Labor's dug itself into a financial holeFri, 03 Sep 2010 14:00:00 GMTTHERE is a huge gap between what Labor expects its minerals resource rent tax to raise and what the big three miners expect to pay.
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Canada's $3.75bn Andean swoopFri, 03 Sep 2010 14:00:00 GMTAUSTRALIA'S second-largest gold company, Andean Resources, has recommended a $C3.6 billion ($3.75bn) offer from Goldcorp Inc.
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Dollar flat ahead of US figuresFri, 03 Sep 2010 14:00:00 GMTTHE Australian dollar was relatively flat in quiet Asian trading yesterday as traders waited for a report on US employment, due overnight.
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Stocks finish week on a highFri, 03 Sep 2010 14:00:00 GMTTHE Australian sharemarket posted its first weekly gain in four weeks, supported by materials and industrials.
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Taxman bruised in BHP battleFri, 03 Sep 2010 14:00:00 GMTTHE Australian Tax Office has had its claims against BHP Billiton further whittled down after the High Court refused to hear an appeal.
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Risky view takes wizard from OzFri, 03 Sep 2010 14:00:00 GMTGLOBAL investors are losing faith in the "Australian story", doubting the strength of the economy and the resilience of the sharemarket.
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Stocks fight off weak banksFri, 03 Sep 2010 02:39:00 GMTTHE Australian stockmarket was higher by early afternoon after losing some ground, with all four major banks falling into negative territory.
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Bank needs US aid, Karzai brother saysFri, 03 Sep 2010 02:32:00 GMTTHE brother of Afghanistan's President called on the US to support Kabul Bank as customers withdrew about a third of its cash reserves.
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Rising share price sets poser for CampbellThu, 02 Sep 2010 14:00:00 GMTTHE problem for takeover bidder Campbell Brothers is that the price of its shares keeps rising.
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Bourse's strong gains run out of puffThu, 02 Sep 2010 14:00:00 GMTTHE Australian sharemarket recovery continued yesterday.
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Coal gasification go-ahead likelyFri, 03 Sep 2010 14:00:00 GMTTHE Indian proponents of what will be Australia's first commercial coal gasification project say they will sign a supply deal this month.
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Canada's $3.75bn Andean swoopFri, 03 Sep 2010 14:00:00 GMTAUSTRALIA'S second-largest gold company, Andean Resources, has recommended a $C3.6 billion ($3.75bn) offer from Goldcorp Inc.
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Cape Lambert project unveiledFri, 03 Sep 2010 14:00:00 GMTCHINA Metallurgical Group (MCC) has unveiled plans for the Cape Lambert magnetite project it bought from Tony Sage's Cape Lambert Resources.
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Taxman bruised in BHP battleFri, 03 Sep 2010 14:00:00 GMTTHE Australian Tax Office has had its claims against BHP Billiton further whittled down after the High Court refused to hear an appeal.
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Barnett could ignite local oppositionFri, 03 Sep 2010 14:00:00 GMTTHE Kimberley Land Council has warned the backing of traditional owners for Woodside's $30 billion gas project could be lost
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WA gas cheap by global standardsFri, 03 Sep 2010 14:00:00 GMTONE of the world's leading energy academics has dismissed industry concerns about the rising price of natural gas in Western Australia.
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Miners urge rural MPs to nix rent taxFri, 03 Sep 2010 14:00:00 GMTThe mining industry is concerned at Labor's deal with the Greens
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Fortescue note 'risks' reputationFri, 03 Sep 2010 14:00:00 GMTFORTESCUE Metals Group could raise up to $1.97 billion in interest-free cash if it wins a battle with shareholder Leucadia National.
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Labor's dug itself into a financial holeFri, 03 Sep 2010 14:00:00 GMTTHERE is a huge gap between what Labor expects its minerals resource rent tax to raise and what the big three miners expect to pay.
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Gap in mining tax haul as bad as Abbott's holesFri, 03 Sep 2010 14:00:00 GMTTHERE is a multi-billion-dollar gap between what Labor expects its mineral resources rent tax to raise and what the miners expect to pay
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Bank bosses creme de la creme of big earnersFri, 03 Sep 2010 14:00:00 GMTAUSTRALIA'S 30 top executives have earned a collective $1.5 billion in the six years since mandatory disclosure began.
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Pick your planner with due diligenceTue, 31 Aug 2010 14:00:00 GMTCHOOSING a financial planner is just like choosing any other professional service.
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Super issues await new governmentTue, 31 Aug 2010 14:00:00 GMTSUPERANNUATION experts and industry stakeholders have urged the new government to review existing policies on super and tax.
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Discount chain offers robust propositionTue, 31 Aug 2010 14:00:00 GMTRETAIL sales have been sluggish lately following the one-off boost delivered by last year's stimulus splurge.
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Trend helps pinpoint a short-term tradeTue, 31 Aug 2010 14:00:00 GMTIF you have driven down a road turning left and right without knowing where you were heading, you were probably lost.
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Trust issues a test of mettleTue, 31 Aug 2010 14:00:00 GMTRUNNING your own super fund can be a rewarding experience.
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Government should say yes to MySuperTue, 31 Aug 2010 14:00:00 GMTHERE'S a word for the new government: say yes to the MySuper idea from the Cooper review.
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Potash creates growing interestTue, 31 Aug 2010 14:00:00 GMTHERE'S an honesty test: who knew anything about the potash market before BHP Billiton's tilt for Canadian big kahuna Potash Corp?
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Sharper focus on after-tax outcomesTue, 31 Aug 2010 14:00:00 GMTLOW tax is always welcome, especially in these times of low investment returns, when every little extra helps.
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Manage funds and look after your lifeTue, 31 Aug 2010 14:00:00 GMTDEBBIE Brockhoff, a 54-year-old divorcee, realised in December last year that she needed a financial planner.
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Bank bosses creme de la creme of big earnersFri, 03 Sep 2010 14:00:00 GMTAUSTRALIA'S 30 top executives have earned a collective $1.5 billion in the six years since mandatory disclosure began.
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Nufarm out of index, on S&P credit watchFri, 03 Sep 2010 14:00:00 GMTNUFARM'S woes have continued to worsen, dropped from a leading share market index and placed on high alert by a credit rating agency.
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Pursuit of funds flattened MFSFri, 03 Sep 2010 14:00:00 GMTAS Michael King cursed, joked and threw about slang before court this week, he looked every bit the small-time Gold Coast solicitor.
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RBA to hold on rates, survey showsFri, 03 Sep 2010 06:01:05 GMTTHE Reserve Bank is expected to leave interest rates unchanged next Tuesday amid a still uncertain global backdrop, a survey showed today.
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Bank needs US aid, Karzai brother saysFri, 03 Sep 2010 02:32:36 GMTTHE brother of Afghanistan's President called on the US to support Kabul Bank as customers withdrew about a third of its cash reserves.
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Nufarm faces class actionFri, 03 Sep 2010 01:16:53 GMTLAW firm Slater & Gordon says it will mount a class action against crop chemical company Nufarm after its shock profit downgrade in July.
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Bernanke defends Lehman recordThu, 02 Sep 2010 23:03:51 GMTFEDERAL Reserve chairman Ben Bernanke has defended his record on Lehman Brothers, saying he had no options to prevent its failure.
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Bernanke sees some financial break-upsThu, 02 Sep 2010 21:06:55 GMTA NUMBER of large US financial firms may cut their size or embrace less-complex structures under new regulations, Ben Bernanke said today.
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Regional lenders looking to mergerThu, 02 Sep 2010 14:00:00 GMTFINANCIAL markets are weighing the ratings implications of a merger between Bank of Queensland and Bendigo and Adelaide Bank.
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ASIC to get tough on credit providersThu, 02 Sep 2010 14:00:00 GMTCREDIT providers face strict new compliance reviews and applicants for new licences will be subject to rigorous checks.
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Bank needs US aid, Karzai brother saysFri, 03 Sep 2010 02:32:00 GMTTHE brother of Afghanistan's President called on the US to support Kabul Bank as customers withdrew about a third of its cash reserves.
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Bernanke defends Lehman recordThu, 02 Sep 2010 23:03:00 GMTFEDERAL Reserve chairman Ben Bernanke has defended his record on Lehman Brothers, saying he had no options to prevent its failure.
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Bourse's strong gains run out of puffThu, 02 Sep 2010 14:00:00 GMTTHE Australian sharemarket recovery continued yesterday.
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Slovak premier slams euro bailoutsWed, 01 Sep 2010 23:58:00 GMTTHE prime minister of Slovakia believes overly indebted euro-zone countries should be forced into bankruptcy, not bailed out.
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Gold slips as investors seek riskWed, 01 Sep 2010 20:50:00 GMTGOLD finished slightly lower today as stronger-than-anticipated US manufacturing data dulled some of the safe-haven shine.
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Forex market hits $US4 trillion a dayWed, 01 Sep 2010 05:01:00 GMTGLOBAL currency trading volume has hit $US4 trillion a day as investors in rich nations move out of home markets amid economic turmoil.
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Wall St closes up after bruising monthTue, 31 Aug 2010 21:00:00 GMTUS stocks have eked out a tiny advance, in the conclusion of a bruising month for the market.
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Oil price tumbles on demand concernsTue, 31 Aug 2010 20:19:00 GMTOIL tumbled today, settling below $US72 a barrel as investors turned their attention toward high US oil supplies and the slowing economy.
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Gold price moves close to record highsTue, 31 Aug 2010 20:06:00 GMTGOLD crept closer to record highs today, rising on continued insecurity about the economic recovery as global equity markets struggle.
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Fed signals steady policy pathTue, 31 Aug 2010 19:55:00 GMTTHE Federal Reserve has not ruled out the possibility of reinvesting in mortgages in the future.
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China must abandon secrecy: JapanFri, 03 Sep 2010 04:48:04 GMTJAPAN today warned China it risked losing foreign investment if it did not introduce more transparency over its business rules.
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Bank needs US aid, Karzai brother saysFri, 03 Sep 2010 02:32:36 GMTTHE brother of Afghanistan's President called on the US to support Kabul Bank as customers withdrew about a third of its cash reserves.
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Sony to compete with iTunesThu, 02 Sep 2010 23:19:52 GMTSONY has announced a new digital music service that would work on internet-connected Sony TVs, Blu-ray players, PlayStation 3's and other devices.
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Bernanke defends Lehman recordThu, 02 Sep 2010 23:03:51 GMTFEDERAL Reserve chairman Ben Bernanke has defended his record on Lehman Brothers, saying he had no options to prevent its failure.
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Hands-off training for Boeing's 787Thu, 02 Sep 2010 01:40:22 GMTTHERE'S one thing mechanics undergoing Boeing’s intensive training for the 787 Dreamliner won't soon do: touch one of the planes.
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Slovak premier slams euro bailoutsWed, 01 Sep 2010 23:58:26 GMTTHE prime minister of Slovakia believes overly indebted euro-zone countries should be forced into bankruptcy, not bailed out.
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Clashing testimony on Lehman collapseWed, 01 Sep 2010 22:53:50 GMTCHAIRMAN of a panel examining the US financial crisis said officials made a "conscious policy decision" not to a prevent Lehman collapse.
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Apple in aggressive push into TVWed, 01 Sep 2010 22:05:32 GMTAPPLE chief executive Steve Jobs has unveiled a new device that can deliver US99-cent ($1.09) rentals of TV shows over the internet.
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Forex market hits $US4 trillion a dayWed, 01 Sep 2010 05:01:18 GMTGLOBAL currency trading volume has hit $US4 trillion a day as investors in rich nations move out of home markets amid economic turmoil.
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IMF to offer pre-crisis loansTue, 31 Aug 2010 06:02:34 GMTTHE IMF will broaden the kinds of loans it offers to encourage developing countries to get help before they are engulfed in crisis.
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