Tag Archives: says-its

Toyota receives second US subpoena

Toyota says its US subsidiary has received a subpoena from a US grand jury to submit documents related to problems with steering relay rods in its vehicles.

Holden says Cruze already a hit

Holden says its Cruze small car is already a hit with an imported version selling well, ahead of the locally-made model next year.

Fortescue to focus on offshore projects

Fortescue Metals Group Ltd says its focus will move to offshore assets as a result of the proposed new tax on the resources industry.

OneSteel & #39;s Whyalla furnace closed again

OneSteel Ltd says its Whyalla blast furnace has been closed down for a second time for repairs, but should be operating again by later on Monday.

UGL rail division secures & #36;100m deal

Engineer UGL Limited says its rail division has secured new freight rolling stock and wagon orders with Queensland-based rail operator, QR Ltd, valued at & #36;100m.

Google quarterly net profit up 37%

Google says its first quarter net profit rose by more than 37 per cent while revenue increased by 23 per cent to & #36;US6.8 billion ( & #36;A7.27 billion).

Business conditions rise: survey

National Australia Bank says its survey showing business condition rising in March could prompt four more official interest rate rises by the central bank.

SA project now more lucrative: IronClad

IronClad Mining says its flagship project in South Australia will be more lucrative after an increase in iron ore prices negotiated between BHP and China.

Stockland to sell Waterfront Place stake

Stockland says its unlisted property fund, Stockland Direct Office Trust No 1 (SDOT1), would sell its 50 per cent stake in Waterfront Place in Brisbane.

eBay top sellers optimistic about future

Internet auction and sales site eBay says its top sellers are optimistic about the future as larger Australian retailers remain absent from the online market.

Copyright © 2007 Business News. All rights reserved.

Report This Blog