[AAP] – US unemployment has jumped to 9.6 per cent in August, the Labor Department said on Friday, showing the recovering economy is still struggling to create jobs.In a keenly awaited unemployment report, the …
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US unemployment jumps to 9.6 per cent
[ABC] – A developer is blaming a lack of support from the Tasmanian Government for the demise of the Government s affordable housing organisation.Tasmanian Affordable Housing Limited, or TAHL, was set up three …
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Govt red tape blamed for cheap housing group s demise
[AFP] – Brazil s Petrobras unveiled one of the world s biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading …
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Petrobras sells 64 bln dlrs of stock to fund oil exploration
[AAP] – Mineral explorer Middle Island Resources Ltd says it will pursue a $12.5 million initial public offer (IPO) later this year as it moves to develop a gold business in West Africa.Managing director Rick …
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Middle Is. Resources plans $12.5m IPO
[AAP] – Sydney-based gold explorer Andean Resources Ltd has agreed to be taken over by Goldcorp Inc, potentially thwarting a rival bid by fellow Canadian gold miner Eldorado Gold Corporation.Andean shares rose …
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Andean backs Goldcorp bid, snubs rival
[AAP] – Shares in beleaguered underground coal gasification (UCG) hopeful Cougar Energy Ltd sunk to a three-year low after its chief financial officer (CFO) resigned.Cougar said in a statement on Friday that Rodney …
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Cougar shares slump again as CFO quits
[ABC] – Six international airlines including Qantas have lost a last-ditch legal bid over years of underpayments to travel agents and will soon be facing multi-million-dollar payouts.The airlines collectively …
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Airlines face multi-million payout to travel agents
[ABC] – Paul Hogan has reached an agreement with the Australian Tax Office (ATO) that will allow the actor to return to the United States.The Crocodile Dundee star had been banned from leaving Australia because …
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Hogan free to leave Australia
[AFP] – Azerbaijan will double gas exports to Russia in 2011 and increase them further from 2012, the countries said Friday in a move that could undercut Europe s drive to secure supplies for its Nabucco project.The …
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Azerbaijan, Russia seal major gas deal, more to come
[AAP] – The Australian dollar closed little changed in contrast to volatile trading earlier in the week, with traders on the sidelines ahead of key US employment data.At 1700 AEST on Friday, the local unit was …
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$A flat ahead of US data
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