BUSINESS

A slight correction in the world financial markets may improve today’s value of the Australian and New Zealand dollars and break off from the sluggish trading now lasting for three weeks.

Guinness Peat Group's Tony Gibbs has no regrets over a statement opposing the company's demerger plan that cost his job.

Parliamentary Secretary for Health Mark Butler today announced the phase out by major retailers of baby bottles containing Bisphenol A (BPA).The voluntary phase out by the Wesfarmers group (Coles, K Mart and Target), and retailers Woolworths, Big W and Aldi is the result of months of constructive di...

SABMiller, one of the world's leading brewers, is providing an education for children of sugar cane workers in Honduras.Cerveceria Hondurena, SABMiller's Honduran subsidiary, set up the ‘Azunosa' school with the aim of trying to ensure that the sugarcane fields which supply its soft drinks operati...

In the view of Barclays Capital there are factors that could be positive for the natural gas market but none are likely or enough on their own to push prices significantly higher.

The Australian Stock Exchange, which with ASIC acts as a corporate regulator says it intends to monitor portfolio and mutual fund managers closely, as it seeks to stamp out the practice of window dressing.

RBS evaluates stocks impacted by changing dividend rules while JP Morgan weighs up the RSPT against the PRRT and Morgan Stanley warns of lower earnings for retail banking.

The Australia 200 CFD Index was 0.9% lower today at 4345, with energy, industrial, material and financial names detracting most of the points.

Allied Gold of Australia has been granted a $US35 million or $A40 million loan by the World Bank to finance the redevelopment of the Gold Ridge Mine in Solomon Islands, which was abandoned following a violent ethnic fighting 10 years ago.

Amidst global incidence of safety recalls, Toyota, the world’s biggest automaker, said on Monday that its worldwide sales jumped by 13.4 percent year-on-year in May following upswings in motor vehicle demand which further pushed the much-awaited recovery of the Japanese auto industry.

Campbell Brothers Ltd said on Tuesday that it is positively en route to post a high half-year underlying net profit of $63 million, owing to much better trading conditions and strong outputs contributed by acquired Pearlstreet and Ecowise.

The share market was in positive territory by early afternoon with banks and miners leading the way after the exchange opened lower today.

Commentators suggest Fed board members are currently arguing over whether or not to reintroduce massive monetary stimulus to a flagging US economy to re-stimulate growth.

Rio Tinto shareholders are still likely to refuse the $US116 billion iron-ore joint venture with BHP in the Pilbara, according to Royal Bank of Scotland analysts.

Chinese buyers have put some oomph in the spot uranium market.

Stirling Resources announced on Tuesday that company chief executive Michael Kiernan is set to relinquish his post, paving the way for the resources investment firm and its Austrian financiers to hunt for fresh bloods that would fill up its new management roster.

Tiger Airways announced Monday that passengers without check-in baggage would incur a $10 charge starting July 1 but the airline reminded travellers that such fees could be dodged if they opt to check-in online prior to their flight.

Asian markets have started with an early rebound on Tuesday led by finance and mobile phone makers. Its disclosure that it will buy back shares allowed Tokio Marine Holdings Inc. to gain 1.7 percent. Nippon Telegraph & Telephone Co., on the other hand, rallied 1.2 percent after it reported that its unit NTT Finance Corp. expects its first operating profit in three years.

Engineering company Downer EDI Ltd discloses it has sufficient available funds to liquidate despite reports that the company has withheld payment orders to meet targets for cash flow for the company’s financial accounts at the end of the fiscal year.

Guinness Peat Group's board has been locked in discussions under efforts to save its $1.4 billion proposed demerger.

Japan has recorded an unexpected 5.2 percent increase in its unemployment rate further weakening household spending for the second month.

Futuris Automotive, the largest supplier of Holden, discloses it will be capable of returning a second shift at its Adelaide plant, in line with Holden’s move of resuming afternoon shifts at the automotive factory in Elizabeth.

Wattyl has accepted US based Valspar’s offer for a takeover worth $142 million, ending speculations surrounding the paint maker’s fate.

Mixed economic news from Japan yesterday.Consumer prices fell at a slower pace in May and retail sales rose.But the rate...

Photon Group likes to describe itself as "Australia's largest marketing and communications group"; yesterday it confir...

Good bye Wattyl, hello Valspar.Shares in Wattyl, the much bid for Australian paint group, jumped more than 25% yesterda...

Gindalbie Metals Ltd says its flagship Karara iron ore project in Western Australia's midwest region (near Geraldton) wi...

Wall Street meandered on thin volume last night as investors search for a reason to move either way. Dow down 5.

Ignore anything you may read or hear about new policies, breakthroughs or agreements emanating from the Group of 20 nati...