BUSINESS

Sucrogen today announced an agreement to buy the Proserpine Co-operative Sugar Milling Association Limited (PCSMA) for $115 million dollars.

The U.S. Labor Department earlier today released its private sector payroll report for May.

he same group, "LulzSec," that attacked Sony Corp's film site also went to destroy an FBI-affiliated Web site in Atlanta in retribution to the NATO alliance's "act of war" against hackers.

Kogan will release a laptop based on Google's Chrome operating system on June 7, beating Asian PC makers Samsung and Acer as first to release the Chromebook.

Australia's share markets drifted lower today in subdued trading conditions as investors and traders took a breather after a wild week. Losses were limited by bargain hunting and technical support at the low point established in the last fortnight. Globally, markets are on hold ahead of the non-farm payrolls data to be released tonight in the US, analysts said.

Thousands of Australians are eligible for tax benefits as a result of the ATO’s response to a recent High Court decision.

Australia's employers led by an industry group and the retailers association have warned of the possible consequences of the minimum wage increase approved by authorities.

Former long-serving Leighton (ASX: LEI) chief executive Wal King today broke his silence, ending speculation he would be returning to the Australian contractor

Australian commercial property giant Centro Properties Group Ltd. has reportedly received a $4.96 billion cash offer from Lend Lease Group in February this year that would allow the latter to takeover Centro’s Australian shopping complexes.

Shares tumbled by over 2 pct yesterday, marking the biggest daily percentage fall in close to 12 months. It is a much better day for the market today however, with the All Ordinaries index (XAO) down a modest 0.3 pct or 16 pts to 4667.2.

- April traffic stats improve for Qantas- Union issues remain a threat to brand- Strike action appears priced in- Brokers in general remain positiveBy Chris ShawYesterday Qantas ((QAN)) released traffic statistics for April, the feature being a strong increase in domestic yields that combined with a...

Property analysts indicate it’s a ‘buyers’ market’ at the moment, but there are signs prices could drop in the coming months. Should you wait?

Five aboriginal groups in the Western Pilbara region is set to benefit from the mining resources boom in Australia as they confirm signing an agreement with mining firm Rio Tinto (ASX: RIO).

With spot gold currently trading at the 1539.73 level, near term sentiment remains cautiously bullish going into Friday's closely watched U.S. Employment Report.

The emulsifier itself has not been identified specifically, but is described by the China Post as a "clouding agent" used in sports drinks, fruit juices, jellies, yogurt drinks and yogurt tablets.

Once again many market economists and media commentators have been brought undone by the economy.

U.S. blue-chip stocks dropped for a second straight session Thursday after another dose of soft economic data worried investors as they readied for a key jobs report.

US factory orders fell by 1.2pct in April, broadly in line with economist forecasts. US claims for unemployment insurance (jobless claims) fell by 6,000 in the latest week to 422,000.

The Australian dollar has opened slightly higher this morning as poor economic data weighed on the US currency.

Lulz Security, a hacker group, claimed it had attacked the Sony network once more. On Thursday, the team broke and entered the servers which hold the SonyPictures.com. More than a million of passwords, email addresses and other information from its current users have been compromised.

Volkswagen of America, Inc. has reported 30,100 units sold in May 2011, a 27.9 percent increase over prior year sales and the company's best sales month since August 2003. Year-to-date sales are up 19.7 percent.

Groupon has seen some successes as of late: after only pulling in a little over $713 million in all of 2010, in the first quarter of this year it had already pulled in some $645 milion.

According to the latest AICPA Economic Outlook Survey, chief financial officers, controllers and CPAs in executive and senior management accounting roles are far less optimistic now about the direction of the U.S. economy than they were in the first quarter of 2011.

Australia isn't going through a housing bubble, says ANZ chief executive Phil Chronican, but state and federal governments aren't doing enough to address serious housing issues.

Easy access to rail connections, buses and trams is the overwhelming prioritty for househunters when choosing a property.

By Richard (Rick) MillsAhead of the herdAs a general rule, the most successful man in life is the man who has the best informationPure gold deposits are increasingly difficult to find.

- Germany has declared it will phase out nuclear power by 2022- The short term impact will not be substantial- The medium term impact will not be substantial either By Greg PeelGermany is a world leader in the pursuit of renewable and other forms of ?green? energy and as such has spent a good deal o...

US factory orders fell by 1.2pct in April, broadly in line with economist forecasts. US claims for unemployment insurance (jobless claims) fell by 6,000 in the latest week to 422,000. Economists expected a result near 415,000.

Sony Corporation, still reeling from a hacking attempt last April, has another of its websites attacked this Thursday. The group of hackers compromised SonyPictures.com and accessed the personal information of more than 1 million Sony customers.