Forex Forecasts Don't Favour Aussie To reflect what it regards as extraordinary developments in foreign exchange markets in recent sessions, Danske Bank has revised its forex forecasts earlier than usual, factoring in de-leveraging and the fund flows associated with the process and the changes in risk premiums this has created. 28 Oct 2008
373.
UK's BG to buy Queensland Gas in $3.4 bln deal British gas producer BG Group plc agreed to buy Australia's Queensland Gas Company Ltd (QGC) for A$5.6 billion ($3.4 billion), to boost BG's presence in Asia's fast-growing liquefied natural gas market. 28 Oct 2008
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Ted Stevens guilty verdict won't stop his campaign Senator Ted Stevens was found guilty of making false statements on thousands of dollars of renovations and gifts he received from an Alaskan oil company, but the verdict won't stop the senator's campaign for the next elections. 27 Oct 2008
375.
Oprah Endorces Amazon's Kindle Popular talk-show host Oprah Winfrey on Friday endorsed Amazon.com's Kindle, a blessing that may give the e-book reader a boost in sales and push it further ahead of its rival, the Sony Reader. 24 Oct 2008
ANZ Bank's profit drops 21 percent Australia & New Zealand Banking Group Ltd. reported a 21 percent decline in annual profit Thursday as soaring charges for bad debts linked to the global credit crisis hit Australia's fourth-largest bank hard. 24 Oct 2008
378.
McDonald's 3rd quarter profit jumps 11% A big jump in overseas and US sales boosted McDonald's Corp's third-quarter profit by 11 per cent, the company says, a result that handily beat Wall Street's expectations. 23 Oct 2008
379.
NZ's 1% Rate Cut The New Zealand Reserve Bank has chopped its key interest rate by a record 1% to try and offset the impact of a recession and the global financial crisis. 23 Oct 2008
