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Source : The Australian: Business

More The Australian: Australia, Economy, World

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India to serve as Volvo global engine hub

The Australian: Business: 10 hours ago
India is further expanding its place in the world’s auto supply chain, with a decision by Volvo Trucks and Eicher Motors to invest about A$72 million. ...read article

Dollar lifts on producer price data

The Australian: Business: 3 days ago
THE Australian dollar rose late today as producer-price inflation data damped speculation of a near-term interest rate hike. ...read article

India likely to grow faster than China

The Australian: Business: 3 days ago
India is likely to overtake China as the world’s fastest-growing major economy within the next 12 months, according to the latest range of forecasts. ...read article

BP set to appoint new CEO

The Australian: Business: 3 days ago
BP'S board is set to name managing director Bob Dudley as the company's new chief executive, people familiar with the matter said. ...read article

Hayward to walk away from BP with $20m

The Australian: Business: 3 days ago
TONY HAYWARD, the embattled BP CEO, will collect a pay and pension package worth about $20 million when he falls on his sword this week. ...read article

Canal adds to miners' problems

The Australian: Business: 4 days ago
AUSTRALIA'S iron ore exporters are going to have to start dealing quite soon with the implications of the upgrade to the Panama Canal. ...read article

ABC chair berates economic 'con job'

The Australian: Business: 4 days ago
THE world is heading for another round of tough times and investors are being "conned" about it, ABC chairman Maurice Newman has warned. ...read article

IMF tells banks to prick asset bubbles

The Australian: Business: 4 days ago
THE IMF has called on central banks to use monetary policy to promote financial stability, raising rates when asset prices rise too fast. ...read article

American Express profit nearly triples

The Australian: Business: 6 days ago
AMERICAN Express' second-quarter profit nearly tripled, beating analysts' estimates, as cardmember spending jumped 16 per cent. ...read article

E*Trade in first profit in three years

The Australian: Business: 6 days ago
ONLINE broker E*Trade Financial is back in black, posting a surprising second-quarter profit and its first in three years. ...read article

Amazon tumbles as profit disappoints

The Australian: Business: 6 days ago
AMAZON.COM'S second-quarter earnings jumped 46 per cent, but its shares plunged in after-hours trading as result the missed forecasts. ...read article

Slowing China shakes commodities

The Australian: Business: 6 days ago
A SLOWDOWN in China's headlong economic growth, while moderate so far, is reverberating through global commodity markets. ...read article

Windows 7 propels Microsoft earnings

The Australian: Business: 6 days ago
MICROSOFT'S fourth-quarter profit climbed 48 per cent as the software giant benefited from a strong response to Windows 7. ...read article