SEA - Oceania

Giant miner digs in over workplace laws

CHANGES to workplace laws are making it hard for management and unions to resolve industrial disputes, the boss of BHP Billiton says.

Wednesday, February 08, 2012 (News.com.au)

Farmers start to count cost of floods

THE scale of damage from Queensland floods is starting to emerge, with Cotton Australia expecting $300 million worth of cotton to be lost.

Wednesday, February 08, 2012 (News.com.au)

US stocks drift higher as optimism fades

US stocks drifted slightly higher today after optimism over upbeat company earnings and an imminent rescue deal for debt-wracked Greece faded.

Wednesday, February 08, 2012 (News.com.au)

Market set to open flat on Greece woes

THE market is set to open flat on mixed Wall Street movements, as traders wait for EU leaders to hammer out a bailout deal for Greece.

Wednesday, February 08, 2012 (News.com.au)

Dollar lower ahead of ECB meeting

THE Australian dollar has fallen back as traders remain concerned that a resolution for the Greece's debt woes will eventuate.

Wednesday, February 08, 2012 (News.com.au)

European stocks mixed on Greek hopes

EUROPEAN stocks have given up early gains to close mixed as investors grew impatient for Greece to finally seal a bailout deal with creditors and avoid a potentially disastrous default.

Wednesday, February 08, 2012 (News.com.au)

Nokia shifts production to Asia, cuts jobs

NOKIA plans to stop assembling cell phones in Europe by year-end as it shifts production to Asia and will cut another 4000 jobs.

Wednesday, February 08, 2012 (News.com.au)

NBN deal could fund Telstra buyback

TELSTRA could spend up to $5.4 billion buying back shares in a spree fuelled by its National Broadband Network harvest.

Wednesday, February 08, 2012 (News.com.au)

Things looking bad for Greece

GREECE is sliding closer to a default and possible expulsion from the EU after missing its third deadline in a week.

Wednesday, February 08, 2012 (News.com.au)

Government tries to save 600 Alcoa jobs

VICTORIAN Premier Ted Baillieu has intervened to try to save the jobs of 600 workers at Alcoa, as the manufacturing crisis deepens.

Wednesday, February 08, 2012 (News.com.au)

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