Tags: company-news
- Subscribe:
- company-news RSS Feed
PNG Credit Corp profit jumps 346 per cent
16:00:03, 24 September 2008, Radio Australia News
As banking and finance stocks around the world plummet, Papua New Guinea's Credit Corporation has just announced a record half-yearly profit of $US93 million.
A 'tuned out' Pacific not attractive to investors
08:41:07, 19 September 2008, Radio Australia News
An international call centre operator says Pacific Island countries need to change their attitude if they're to attract investment in the industry.
Unprecedented federal bailout for US insurer
13:26:56, 17 September 2008, Radio Australia News
The United States central bank, the Federal Reserve, has used emergency powers to rescue troubled insurer, American International Group.
HP to cut 25,000 jobs worldwide
13:09:37, 16 September 2008, Radio Australia News
US technology giant Hewlett-Packard says it will slash almost 25,000 jobs worldwide over the next three years as part of its merger with computer services firm Electronic Data Systems.
Global jitters after Lehman collapse
08:11:50, 16 September 2008, Radio Australia News
Global stocks have tumbled amid cascading fears about the stability of the financial system after investment bank Lehman Brothers filed for bankruptcy and concerns grew about the viability of American insurer AIG.
Phone deal investigated by PNG competition regulator
14:15:58, 8 September 2008, Radio Australia News
Papua New Guinea's competition watchdog is investigating a multimillion dollar telecommunications deal between Papua New Guinea's state owned Telikom and foreign investors.
Indian car giant reaches compromise with protesters
10:31:40, 8 September 2008, Radio Australia News
India's Tata motors, the creators of the world's cheapest car, has reached an agreement with protesters at its factory in India's east.
Third death at BHP Billiton prompts investigation calls
08:15:25, 8 September 2008, Radio Australia News
The Australian Workers Union wants a complete investigation of work safety culture on mine sites, after a second death at BHP Billiton's Yandi operations in Western Australia.
Class action expected against Australian drug administrator
11:01:06, 5 September 2008, Radio Australia News
Shareholders and businesses who suffered major losses during Australia's biggest drug recall are expected to announce a class action against the Commonwealth today.
Huge losses Australian companies amid economic turmoil
23:17:42, 29 August 2008, Radio Australia News
The US sub prime crisis and global credit crunch have caused two Australian companies to post massive losses.
Future Qantas merger likely: CEO
20:37:38, 22 August 2008, Radio Australia News
The outgoing chief executive of Australia's national air carrier, Qantas, says a merger with another carrier is inevitable in the next decade.
More job losses at Ford in Australia's south
09:04:49, 22 August 2008, Radio Australia News
Car manufacter Ford says up to 350 jobs are to go at two plants in the southeastern Australian state of Victoria.
Positive profit and industrial relations news for Qantas
14:53:40, 21 August 2008, Radio Australia News
As Qantas announces a huge profit jump in its full-year results, the airline's engineers have accepted a new enterprise bargaining agreement offered to them, bringing months of industrial action to an end.
Perilya mine cuts 400 jobs
14:30:30, 21 August 2008, Radio Australia News
More than 400 jobs are to be cut at Broken Hill's major lead and zinc mine in New South Wales' far west.
Malaysian budget carrier announces Melbourne flights
16:02:15, 20 August 2008, Radio Australia News
The Malaysian based airline, Air Asia X, has announced it will fly into the south eastern Australian city of Melbourne.
Employment concerns over proposed Aussie bank merger
11:06:46, 14 August 2008, Radio Australia News
Australia's Finance Sector Union says a proposed merger between the Westpac and St George banks would put bank employees across Australia at risk of being made redundant.
Global banking giant to increase stakes in Vietnam
14:37:57, 13 August 2008, Radio Australia News
Vietnam has allowed global bank, HSBC, to raise its stake in Techcombank to 20 per cent.
Australia's biggest telco reports healthy profits
12:54:34, 13 August 2008, Radio Australia News
South Korean firm plans electric car plant in Fiji
09:03:58, 11 July 2008, Radio Australia News
Fiji's Attorney General says a South Korean company's plan to manufacture electric cars in Fiji could reduce the country's reliance on fuel.
Indonesian oil firm loses US court appeal
08:02:59, 9 July 2008, Radio Australia News
The United States Supreme Court has turned down a bid by Indonesia's state oil firm Pertamina to recover $US300 million from US firm, Karaha Bodas.
EU investigates BHP Billiton rival takeover
16:26:08, 5 July 2008, Radio Australia News
The European Commission has opened an indepth probe into mining giant BHP Billiton's hostile takeover of rival Rio Tinto.
Tyre plant to close in Australia's southeast
12:40:21, 26 June 2008, Radio Australia News
Nearly 600 Australian automotive workers will lose their jobs, with South Pacific Tyres to close a plant in December.
Qantas to close regional maintenance base
21:23:52, 17 June 2008, Radio Australia News
Australia's largest airline, Qantas, says it is closing its regional maintenance base at Mildura in the far north-west of the state of Victoria.
Japan firm to buy stake in India's top drug company
22:23:53, 11 June 2008, Radio Australia News
The Japanese pharmaceutical firm, Daiichi Sankyo, says it has agreed to buy a majority stake in India's top drug company, Ranbaxy Laboratories, for up to $US4.6 billion.
Foster's chief resigns over falling profits
19:17:14, 10 June 2008, Radio Australia News
The head of the Australian-based beverage company, Foster's, has resigned over falling profits.
![Thousands of police have been deployed in the area where parliament house, the main metropolitan police headquarters and government house are located. [AFP]](http://www.radioaustralia.net.au/img/news/gallery/thai_protestclash_afp_081008.jpg "Thousands of police have been deployed in the area where parliament house, the main metropolitan police headquarters and government house are located. [AFP]")
![President Maumoon Abdul Gayoom, the islands' leader for the past 30 years, faces five bitter rivals in the poll. [AFP]](http://www.radioaustralia.net.au/img/news/gallery/maldives_gayoom_afp_061008.jpg "President Maumoon Abdul Gayoom, the islands' leader for the past 30 years, faces five bitter rivals in the poll. [AFP]")
![Anti-government demonstrators try to take cover after riot police fired tear gas at protesters blocking Parliament in Bangkok. [Reuters]](http://www.radioaustralia.net.au/img/news/gallery/thai_protest_rtr_071008.jpg "Anti-government demonstrators try to take cover after riot police fired tear gas at protesters blocking Parliament in Bangkok. [Reuters]")
![Smoke rises from Mount Soputan on the outskirts of Manado of Indonesia's North Sulawesi province. [Reuters]](http://www.radioaustralia.net.au/img/news/gallery/indon_soputan_rtr_071008.jpg "Smoke rises from Mount Soputan on the outskirts of Manado of Indonesia's North Sulawesi province. [Reuters]")
![The quake was felt over a wide area and razed the village of Nura of 960 residents in the Tian Shan mountains at an altitude of 2,000 metres. [AFP]](http://www.radioaustralia.net.au/img/news/gallery/kyrgyz_quake_afp_061008.jpg "The quake was felt over a wide area and razed the village of Nura of 960 residents in the Tian Shan mountains at an altitude of 2,000 metres. [AFP]")
![Several members of the United National Party, including the provincial chief, were among those killed in the bomb blast which also left 80 people injured. [AFP]](http://www.radioaustralia.net.au/img/news/gallery/lanka_blast_afp_061008.jpg "Several members of the United National Party, including the provincial chief, were among those killed in the bomb blast which also left 80 people injured. [AFP]")
