Sky News Australia

Eurozone stalls Greek cash aid

Thu, 09 Feb 2012 22:24:12 GMT

Eurozone finance ministers have refused to give their immediate backing to a second bailout for Greece.

Newcrest delivers record profit

Thu, 09 Feb 2012 23:26:06 GMT

Newcrest Mining's first-half profit has grown by 50 per cent, due to high sales of gold, silver and copper.

Battle to save builder 'not over'

Thu, 09 Feb 2012 20:49:51 GMT

The CEO of Kell & Rigby says the battle to save one of Australia's oldest building companies is not over.

Transfield confirms full-year guidance

Fri, 10 Feb 2012 00:18:14 GMT

Transfield says its net profit for the 2012 financial year will be towards the lower end of its forecasts.

Banks agree $25b deal for US homeowners

Fri, 10 Feb 2012 00:13:05 GMT

US President Barack Obama and top US mortgage lenders have unveiled a $US25 billion deal to help homeowners.

Murdoch named Ten Network chairman

Fri, 10 Feb 2012 00:00:05 GMT

Lachlan Murdoch has been was elected by the board to the role of chairman of the Ten Network.

Thomson Reuters posts 4Q loss

Thu, 09 Feb 2012 23:36:36 GMT

Thomson Reuters has posted a fourth-quarter loss as the financial news provider took a $US3b writedown.

BoQ 'throws down gauntlet' to big banks

Thu, 09 Feb 2012 20:49:49 GMT

The Bank of Queensland has promised not to raise its lending rates out of step with central bank decisions.

Bank of England injects another STG50bn

Thu, 09 Feb 2012 18:15:48 GMT

The Bank of England has injected a further STG50 billion ($A73.69 billion) into the British economy.

Govt set for private health victory

Thu, 09 Feb 2012 20:49:49 GMT

Labor is almost certain to get its $100 billion private health insurance reforms through the parliament.

Experts guided NBN satellite, PM says

Thu, 09 Feb 2012 18:15:48 GMT

The government says it took expert advice before buying satellites to deliver broadband to remote areas.

PepsiCo to cut 8,700 jobs

Thu, 09 Feb 2012 18:15:48 GMT

PepsiCo plans to cut 8700 jobs as it seeks to offset high commodity costs and increase investment in the US.

Ford CFO Booth to retire, CEO staying on

Thu, 09 Feb 2012 18:15:49 GMT

Two top Ford executives who helped lead the company's comeback from financial disaster are set to retire.

Newspaper circulation still declining

Thu, 09 Feb 2012 18:15:49 GMT

Figures show newspaper circulation has continued to decline, with readers are turning to digital platforms.

ECB leaves key interest rate at 1pct

Thu, 09 Feb 2012 18:15:51 GMT

The European Central Bank has left its benchmark interest rate unchanged at a record low 1.0 per cent.

Kodak to stop making cameras

Thu, 09 Feb 2012 18:15:50 GMT

Eastman Kodak says it will stop making digital cameras, pocket video cameras and digital picture frames.

Oracle planning to buy Taleo Corp

Thu, 09 Feb 2012 18:15:50 GMT

Oracle is escalating its rivalry with SAP and plans to pay $US1.9 billion ($A1.77 billion) for Taleo Corp.

James Hardie goes into trading halt

Thu, 09 Feb 2012 08:33:23 GMT

James Hardie has gone into a trading halt ahead of an application by the ATO in the High Court.

Kell & Rigby ceases trading - reports

Thu, 09 Feb 2012 08:55:41 GMT

About 500 Sydney workers are out of work after the collapse of building firm Kell & Rigby.

News Corp hacking costs soar

Thu, 09 Feb 2012 08:54:24 GMT

News Corp has revealed the cost of the hacking scandal reached $A96.73 million in the first six months.

Credit Suisse posts $A650m loss

Thu, 09 Feb 2012 07:25:02 GMT

Credit Suisse Group has announced its first fourth-quarter net loss since 2008, losing $A650 million.

Greek talks stall ahead of EU visit

Thu, 09 Feb 2012 09:59:55 GMT

Greek leaders have fallen short of striking a deal on austerity cuts ahead of crucial eurozone talks.

BOQ throws down gauntlet to big four

Thu, 09 Feb 2012 07:18:56 GMT

Treasurer Wayne Swan says the Bank of Queensland has set the standard by not raising interest rates.

BHP coal miners in Qld to strike

Thu, 09 Feb 2012 08:54:40 GMT

Miners from BHP Billiton's central Queensland coal mines are planning a seven-day strike from next week.

Aussie soars - the winners and losers

Thu, 09 Feb 2012 06:20:30 GMT

Economists believe it the Aussie dollar could exceed $US1.1081, the highest level since it was floated.

Greece reaches austerity deal

Thu, 09 Feb 2012 20:05:33 GMT

Greece has reached an agreement on new austerity cuts demanded by creditors to release a 130b euro bailout.

Nikkei drops from three-month high

Thu, 09 Feb 2012 08:54:50 GMT

Japan's Nikkei eased from a three-month high to below 9,000 after China's inflation rate accelerated.

Trio Capital compo ready to flow

Thu, 09 Feb 2012 06:25:17 GMT

More than 5,000 Australianswill receive compensation over the collapse of Trio Capital.

Ex-Telstra director to run carbon tax

Thu, 09 Feb 2012 06:39:06 GMT

Former Telstra director Chloe Munro will oversee the carbon tax and emissions trading scheme implementation.

Call for CSG moratorium after spill

Thu, 09 Feb 2012 08:56:42 GMT

There are calls for a moratorium on coal seam gas mining after toxic chemicals were found in a NSW forest.

Alcoa wants to stay at Geelong

Thu, 09 Feb 2012 08:54:58 GMT

Alcoa Australia have told the Vic govt that they will continue operations in Geelong.

Union to devise plan to save smelter

Thu, 09 Feb 2012 08:55:04 GMT

The union representing workers at Alcoa's Geelong plant says it will work on a plan to save the smelter.

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