Archive for December, 2009
Aussies & #36;1.2 trillion in debt
In a new record, Australians now owe more in household debt than the country & #39;s entire economy earns in a year.
Cloudbreak incident closes mine site
An accident has prompted a shut-down of operations at one of Fortescue Metals Group’s (FMG) mine sites in Western Australia’s north.
Australia mulls security after failed attack
The Federal Government says it is in touch with US authorities to safeguard travel in Australia after a man tried to detonate an explosive on a flight to Detroit.
Salamanca markets does roaring Boxing Day trade
Hobart’s Salamanca market has had one of its busiest days of the year.
Ukraine PM denies cash shortage for Russian gas bill
KIEV (AFP) – Ukrainian Prime Minister Yulia Tymoshenko on Saturday denied accusations by Russian gas export giant Gazprom that Kiev may not be able to pay its energy bill this month due to a cash crunch.
Boxing Day sales up on 2008: Retailers
Shopkeepers say a strong start to post-Christmas sales will put them on track for an increase on last years performance.
China Mobile vice-chairman ‘under investigation’
BEIJING (AFP) – The vice-chairman and executive director of telecoms giant China Mobile, Zhang Chunjiang, is under investigation for breaching party discipline, state media reported Saturday.
Saudi King Abdullah ’satisfied with oil price’
RIYADH (AFP) – Saudi king Abdullah described oil prices as satisfactory in an interview published on Saturday, at a time when the largest OPEC producer is seeking price stability.
Toyota to boost global output: reports
TOKYO (AFP) – Japan’s Toyota Motor plans to boost its global production in 2010 by 17 percent to about 7.5 million units, Japanese media reported Saturday.
Aussie box office set to break & #36;1b mark
Annual box office takings in Australia could break through the & #36;1 billion mark for the first time today, on what is traditionally the busiest day of the year for the nation’s 453 movie cinemas.
