Business News http://miceay.com/business Business news from Australia and around the globe Fri, 03 Sep 2010 21:27:20 +0000 http://wordpress.org/?v=2.9.1 en hourly 1 Goldcorp bids for Andean Resources http://miceay.com/business/2010/09/04/goldcorp-bids-for-andean-resources/ http://miceay.com/business/2010/09/04/goldcorp-bids-for-andean-resources/#comments Fri, 03 Sep 2010 21:27:20 +0000 http://miceay.com/business/2010/09/04/goldcorp-bids-for-andean-resources/ [AAP] – Canadian mining firm Goldcorp says it has offered to buy Australia s Andean Resources for $C3.6 billion ($A3.74 billion), topping a hostile bid by fellow miner Eldorado Gold.The second biggest Canadian …

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]]> http://miceay.com/business/2010/09/04/goldcorp-bids-for-andean-resources/feed/ 0 US stocks soar after jobs report http://miceay.com/business/2010/09/04/us-stocks-soar-after-jobs-report/ http://miceay.com/business/2010/09/04/us-stocks-soar-after-jobs-report/#comments Fri, 03 Sep 2010 20:21:06 +0000 http://miceay.com/business/2010/09/04/us-stocks-soar-after-jobs-report/ [AAP] – US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track.The Dow Jones Industrial Average jumped 128.36 points (1.24 per cent) …

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]]> http://miceay.com/business/2010/09/04/us-stocks-soar-after-jobs-report/feed/ 0 Dollar slides after jobs report http://miceay.com/business/2010/09/04/dollar-slides-after-jobs-report/ http://miceay.com/business/2010/09/04/dollar-slides-after-jobs-report/#comments Fri, 03 Sep 2010 20:20:06 +0000 http://miceay.com/business/2010/09/04/dollar-slides-after-jobs-report/ [AAP] – The US dollar slid on Friday after a government report on jobs was not as bad as many market watchers had feared, helping assuage fears of another downturn in the US.The better-than-expected jobs report …

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]]> http://miceay.com/business/2010/09/04/dollar-slides-after-jobs-report/feed/ 0 Oil settles below $US75 http://miceay.com/business/2010/09/04/oil-settles-below-us75/ http://miceay.com/business/2010/09/04/oil-settles-below-us75/#comments Fri, 03 Sep 2010 20:11:06 +0000 http://miceay.com/business/2010/09/04/oil-settles-below-us75/ [AAP] – Oil prices retreated on Friday after a closely watched US employment report threw cold water over future energy demand from the world s largest economy.Benchmark crude for October delivery fell 42 …

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]]> http://miceay.com/business/2010/09/04/oil-settles-below-us75/feed/ 0 London investors hope rally is sustained http://miceay.com/business/2010/09/04/london-investors-hope-rally-is-sustained/ http://miceay.com/business/2010/09/04/london-investors-hope-rally-is-sustained/#comments Fri, 03 Sep 2010 19:03:06 +0000 http://miceay.com/business/2010/09/04/london-investors-hope-rally-is-sustained/ [AAP] – London stock market investors, savouring their best week in two months, are hoping to see the rally sustained by the performance of key indicators to be released in the week ahead.The London Stock Exchange …

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]]> http://miceay.com/business/2010/09/04/london-investors-hope-rally-is-sustained/feed/ 0 Obama promises more economic stimulus http://miceay.com/business/2010/09/04/obama-promises-more-economic-stimulus/ http://miceay.com/business/2010/09/04/obama-promises-more-economic-stimulus/#comments Fri, 03 Sep 2010 17:31:06 +0000 http://miceay.com/business/2010/09/04/obama-promises-more-economic-stimulus/ [AAP] – President Barack Obama has promised a fresh slew of measures to boost the ailing US economy after fresh data showed unemployment was again on the rise.Obama said on Friday he would outline a new package …

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]]> http://miceay.com/business/2010/09/04/obama-promises-more-economic-stimulus/feed/ 0 Petrobras sells $US64 billion of stock http://miceay.com/business/2010/09/04/petrobras-sells-us64-billion-of-stock/ http://miceay.com/business/2010/09/04/petrobras-sells-us64-billion-of-stock/#comments Fri, 03 Sep 2010 16:34:06 +0000 http://miceay.com/business/2010/09/04/petrobras-sells-us64-billion-of-stock/ [AAP] – Brazil s Petrobras has unveiled one of the world s biggest share offerings, a sale of up to $US64 billion ($A70.3 billion) in new stock to finance oil exploration aimed at turning Brazil into one …

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]]> http://miceay.com/business/2010/09/04/petrobras-sells-us64-billion-of-stock/feed/ 0 Wall Street surges after jobs report http://miceay.com/business/2010/09/04/wall-street-surges-after-jobs-report/ http://miceay.com/business/2010/09/04/wall-street-surges-after-jobs-report/#comments Fri, 03 Sep 2010 14:51:06 +0000 http://miceay.com/business/2010/09/04/wall-street-surges-after-jobs-report/ [AAP] – Wall Street stocks soared on Friday as a much anticipated jobs report boosted hopes that the US economic recovery is on the right track.The Dow Jones Industrial Average jumped 86.66 points (0.84 per cent) …

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]]> http://miceay.com/business/2010/09/04/wall-street-surges-after-jobs-report/feed/ 0 New jobs numbers not enough: Obama http://miceay.com/business/2010/09/04/new-jobs-numbers-not-enough-obama/ http://miceay.com/business/2010/09/04/new-jobs-numbers-not-enough-obama/#comments Fri, 03 Sep 2010 14:34:06 +0000 http://miceay.com/business/2010/09/04/new-jobs-numbers-not-enough-obama/ [AAP] – President Barack Obama says a new jobs report showing private sector growth in August is positive but more needs to be done for the economy.He renewed his call on Friday for the Senate to pass a bill that …

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New jobs numbers not enough: Obama

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]]> http://miceay.com/business/2010/09/04/new-jobs-numbers-not-enough-obama/feed/ 0 US stocks extend rally after jobs report http://miceay.com/business/2010/09/03/us-stocks-extend-rally-after-jobs-report/ http://miceay.com/business/2010/09/03/us-stocks-extend-rally-after-jobs-report/#comments Fri, 03 Sep 2010 13:53:06 +0000 http://miceay.com/business/2010/09/03/us-stocks-extend-rally-after-jobs-report/ [AAP] – US stocks extended their rally on Friday after a relatively encouraging report on the jobs market lifted hopes about the pace of economic growth.The Dow Jones industrial average rose 110 points in early …

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