business cash advance
Dow back in the black for 2010
Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.
What went wrong at Burger King
It’s not yet clear what Burger King’s new owner, the Brazilian-backed private equity firm 3G Capital, has in mind for the troubled No. 2 fast-food chain. But a total strategic revamp is in order.
London investors hope rally is sustained
[AAP] – London stock market investors, savouring their best week in two months, are hoping to see the rally sustained by the performance of key indicators to be released in the week ahead.The London Stock Exchange …
Oil settles below $US75
[AAP] – Oil prices retreated on Friday after a closely watched US employment report threw cold water over future energy demand from the world s largest economy.Benchmark crude for October delivery fell 42 …
Dollar slides after jobs report
[AAP] – The US dollar slid on Friday after a government report on jobs was not as bad as many market watchers had feared, helping assuage fears of another downturn in the US.The better-than-expected jobs report …
US stocks soar after jobs report
[AAP] – US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track.The Dow Jones Industrial Average jumped 128.36 points (1.24 per cent) …
Goldcorp bids for Andean Resources
[AAP] – Canadian mining firm Goldcorp says it has offered to buy Australia s Andean Resources for $C3.6 billion ($A3.74 billion), topping a hostile bid by fellow miner Eldorado Gold.The second biggest Canadian …
European shares close higher
[AAP] – European share prices closed higher on Friday, with London s FTSE 100 index of leading shares up 1.06 per cent at 5,428.15 points.In Paris, the CAC 40 index added 1.12 per cent to close at 3,672.20 …
Petrobras sells $US64 billion of stock
[AAP] – Brazil s Petrobras has unveiled one of the world s biggest share offerings, a sale of up to $US64 billion ($A70.3 billion) in new stock to finance oil exploration aimed at turning Brazil into one …
Obama promises more economic stimulus
[AAP] – President Barack Obama has promised a fresh slew of measures to boost the ailing US economy after fresh data showed unemployment was again on the rise.Obama said on Friday he would outline a new package …
