Arcelor-Mittal buys Macarthur Coal stake The Star | PERTH: Arcelor-Mittal, the world’s top steel maker, has entered talks about a transaction with Australia’s Macarthur Coal after paying US$604mil for a near 15% stake in the firm, sending the coal miner’s shares to a record high. | Soaring coal prices, driven by tight supply and voracious demand fr...
Means test threatens solar use: industry Sydney Morning Herald | BUSINESS leaders have criticised the federal Minister for the Environment, Peter Garrett, over the Government's decision to means test a rebate for residential solar panels, telling him it will threaten the viability of the industry. | Solar businesses will try to brief the Government this week on...
Desi iron ore cos may cash in on China-Rio Tinto spat The Times Of India | PERTH: Indian companies are in for further gains from high price of iron ore in Chinese spot markets. The current spat between the Australian metals major Rio Tinto and Chinese steel companies over pricing and deliveries is expected t...
ArcelorMittal in talks to take over Macarthur Coal The Times Of India | PERTH: ArcelorMittal, the world’s top steel maker, is in talks with Australia’s Macarthur Coal after buying a 15% stake in the company, setting up a possible bidding war for the A$4.4 billion group and pushing its shares up 14%. |...
ArcelorMittal buys $600 mn Macarthur Coal stake The Times Of India | PERTH: ArcelorMittal, the world's top steel maker, is in talks with Australia's Macarthur Coal after buying a 15 per cent stake in the company, setting up a possible bidding war for the A$4.4 billion group and pushing its shares up 14...
ArcelorMittal buys $600 mln Macarthur Coal stake AOL PERTH (Reuters) - ArcelorMittal (ISPA.AS), the world's top steel maker, is in talks with Australia's Macarthur Coal after buying a 15 percent stake in the company, setting up a possible bidding war for the A$4.4 billion group and pushing its shares u...
WN / Denise Yong
The PNG Chamber of Mines backs Kokoda mine The Australian | THE peak mining body in Papua New Guinea has waded in to support a proposal by an Australian mining company to mine near the Kokoda Track. | In a letter to its members, the PNG C...
Disney to create laboratory to test high-tech advertising for ABC, ESPN International Herald Tribune | : Will people remember three-second video ads on their mobile phones? Do high-definition commercials on big screens get people's hearts racing more than other pitches? Is the spo...
Oil eases towards $125 on stronger dollar Business Day PERTH - Oil fell today, after topping $126 a barrel last week, as the market focused on a stronger US dollar and put aside supply worries for now. | US light crude for June deliver...
Eateries left waiting in labour shortage The Australian | IN the heart of Kings Park, with views of the city and Swan River, Fraser's Restaurant is renowned for its food and service. | But even Fraser's is not immune to Perth's labour shortage, which is threatening to devastate the hospitality industry in...
Australian Stocks: Market closes back through 6000 points NZ Herald | PERTH, May 16 - The Australian share market closed back through 6,000 points for the first time since January, boosted by gains in the resource sector. | The benchmark S&P/ASX200 index finished 40.3 points, or 0.68 per cent, higher at 5,931, while ...
AirAsia starts Perth route on Nov 2 The Star | 5,000 free AirAsia Perth-KL tickets | KUALA LUMPUR: AirAsia X's service to Perth will start from Nov 2 and it is offering 5,000 free seats. | The offer will only be available for bookings today and tomorrow and for the travel period between Nov 2 a...
Price is beyond my control, says Rudd Sydney Morning Herald | KEVIN RUDD proclaimed that his Government had done as much as it could, as he and a shocked nation watched petrol prices burst through $1.60 a litre yesterday, with no sign of respite. | As the Federal Opposition demanded that the Prime Minister cut fuel excise, Mr Rudd essentially said there was nothing more he could do. | He urged people to con...
