Tag Archives: Australia

CNS Welcomes Go Markets to San Diego Datacenter

SAN DIEGO, CA, Jul 25 (MARKET WIRE) — Commercial Network Services is pleased to announce the arrival of Australia’s leading FOREX broker to the CNS San Diego datacenter. Go Markets has added a new server in the CNS San Diego datacenter to their global MT4 network. The new server will result in better performance for [...]

Germany and Nordics top global list for parental leave

(Reuters Life!) – Germany and the Nordic countries have topped a list of 21 high-income nations when it comes to generosity of paid parental leave, with Australia and the United States tying in last place. Researchers associated with the U.S.-based Center for Economic and Policy Research examined the parental leave policies of 21 countries with [...]

Port Hedland June total iron ore exports up 1.7 pct

July 12 (Reuters) – Iron ore shipments via Australia’s Port Hedland rose 1.7 percent to 15.276 million tonnes in June from 15.02 million tonnes in May, according to port authority figures released on Monday. China remained the largest destination with shipments of 10.59 million tonnes, up from 9.98 million tonnes in May. BHP Billiton Ltd/Plc [...]

RPT-Australia’s QR float plan on track – Queensland gov

July 6 (Reuters) – The Queensland state government said on Tuesday there were no changes in its IPO plans for QR National coal transport business despite the postponement of Bilginger Berger’s (GBFG.DE) Australian unit IPO. The IPO of QR National estimated at A$7 billion($5.88 billion) is the largest scheduled for Australia this year. “It doesn’t [...]

Australia’s QR float plan on track – Queensland gov

July 6 (Reuters) – The Queensland state government said on Tuesday there were no changes in its IPO plans for QR National coal transport business despite the postponement of Bilginger Berger’s (GBFG.DE) Australian unit IPO. The IPO of QR National estimated at A$7 billion($5.88 billion) is the largest scheduled for Australia this year. “It doesn’t [...]

China Merchants Group acquires Australia’s Loscam

July 5 (Reuters) – Hong Kong-based conglomerate China Merchants Group has acquired Australian pallet maker Loscam Ltd, Locam said in a statement on Monday. The business was sold by private equity group Affinity Equity Partners for an undisclosed sum. Loscam makes and hires out wooden and plastic pallets, and is a competitor to listed Brambles [...]

Fortescue wants wider input before Australia tax deal

July 1 (Reuters) – Any compromise on Australia’s controversial mining tax should include input from the nation’s entire mining sector, iron ore producer Fortescue Metals Group (FMG.AX) said on Thursday, “We would want to see all mining companies consulted on this, not just BHP (BHP.AX), Rio (RIO.AX) and Xstrata (XTA.L), Fortescue spokesman Paul Downie told [...]

Japan’s Toho Zinc extends offer for Australia’s CBH

June 29 (Reuters) – Japan’s Toho Zinc Ltd (5707.T) on Tuesday extended its takeover offer for Australian miner CBH Resources (CBH.AX) for seven days to July 14. Basic Materials Toho is offering A$0.24 a share, or A$361.5 million for CBH, which mines zinc and lead. (Reporting by James Regan; Editing by Balazs Koranyi)

European shares turn negative; miners fall

June 24 (Reuters) – European shares turned negative on Thursday morning, with miners giving up gains from early in the session, having risen on hopes Australia’s new Prime Minister would compromise on proposed taxes on resource firms. Stocks | European Markets | Global Markets At 0730 GMT, the FTSEurofirst 300 .FTEU3 index of top European [...]

Fortescue chief cheers move to negotiate on mine tax

June 24 (Reuters) – Australian iron ore miner Andrew “Twiggy” Forrest on Thursday welcomed overtures by Australia’s new prime minister Julia Gillard to negotiate over a proposed new mining tax. Basic Materials Forrest, chief executive of Fortescue Metals Group (FMG.AX), has been at the centre of attacks on a tax that he described as a [...]

Aussie Kewell gets one match ban for sending off

(Reuters) – Australian forward Harry Kewell was suspended for one match by FIFA’s disciplinary panel on Sunday following his red card against Ghana on Saturday, FIFA said in a statement. Sports He will miss Australia’s next Group D match against Serbia on June 23. Kewell handled the ball on the line to deny Ghana a [...]

RPT-Port Hedland May total iron ore exports up 2.9 pct

June 15 (Reuters) – Iron ore shipments via Australia’s Port Hedland rose 2.9 percent to 15.02 million tonnes in May from 14.59 million tonnes in April, according to port authority figures released on Tuesday. Basic Materials China remained the largest destination with shipments of 9.98 million tonnes versus 10.9 million tonnes in April. BHP Billiton [...]

Port Hedland May total iron ore exports up 2.9 pct

June 15 (Reuters) – Iron ore shipments via Australia’s Port Hedland rose 2.9 percent to 15.02 million tonnes in May from 14.59 million tonnes in April, according to port authority figures released on Tuesday. Basic Materials China remained the largest destination with shipments of 9.98 million tonnes versus 10.9 million tonnes in April. BHP Billiton [...]

Germany stick with Klose for opener

(Reuters) – Germany coach Joachim Loew stuck with out-of-form striker Miroslav Klose for the team’s opening World Cup Group D game against Australia on Sunday. Sports He also went for youth over experience on the right wing, giving 20-year-old Thomas Mueller his third cap ahead of 26-year-old Piotr Trochowski. Klose, who was top scorer at [...]

‘Beasted’ Broad backs ‘fearless’ England for Ashes, World Cup glory

London, June 11(ANI): England fast bowler Stuart Broad has said that he spent his time out of the national team on working on his fitness, and announced that he is now prepared for the Ashes and the World Cup. Broad, who was dropped for the two-Test series against Bangladesh, was named in the 13-man ODI [...]

Flintoff to make comeback by next month

London, June 4 (ANI): England all-rounder Andrew Flintoff, who retired from test cricket in 2009 after helping England regain the Ashes from Australia, is expected to return to action for his county club Lancashire by July or August. Flintoff, 32, has been recuperating since undergoing reconstructive knee surgery after the final test at the Oval [...]

Factbox: Many nationalities in Gaza flotilla

The majority were Turkish. There were also nationals from the following countries: The United States, Britain, Australia, Greece, Canada, Malaysia, Algeria, Serbia, Belgium, Ireland, Norway, Sweden, Kuwait. Three German parliamentarians were aboard the Turkish boat which was stormed. There were also two Palestinian Knesset members. Swedish author Henning Mankell was also on board the flotilla.

India Essar to buy controlling AGC Networks stake

(Reuters) – India’s Essar Group has agreed to buy a controlling stake in communications solution firm AGC Networks (AVYA.BO) for $44.5 million, as it strives to boost outsourcing services. Deals | Inflows Outflows Essar Group will pay 245 rupees ($5.30) a share for the 59.13 percent stake in AGC Networks, from U.S. network equipment maker [...]

Australia launches anti-doping campaign aimed at young athletes

(Reuters Life!) – A hard-hitting poster showing an athlete injecting a prohibited substance is at the center of a new Australian anti-doping awareness campaign, with the warning “You can never win your reputation back.” Lifestyle Australian Sports Minister Kate Ellis Monday launched the campaign aimed at both young, up-and-coming athletes and elite sportsmen and women. [...]

Australia’s Westpac agrees pay rise with union

May 31 (Reuters) – Westpac Banking Corp (WBC.AX), Australia’s No.3 lender, said on Monday it has reached an agreement with an employees’ union to raise pay by at least 2 percent in 2010 and 4 percent in 2011. Financials The agreement with the Finance Sector Union covers 26,000 employees at Westpac Bank but it does [...]