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Australian Finance News Headlines

FEA govt lifeline denied (ABC)
The troubled Tasmanian timber company Forest Enterprises Australia has suffered another blow.
Publ.Date : Fri, 12 Mar 2010 18:37:00 GMT

Bosch says to reopen locked Indian unit after pay dispute (AFP Business News)
BANGALORE , India (AFP) - German engineering giant Bosch said Friday it would re-open a plant in southern India where workers were locked out by management this week to protect machinery during a pay dispute.
Publ.Date : Fri, 12 Mar 2010 17:52:40 GMT

EU ministers to mull Greek rescue plan (AFP Business News)
BRUSSELS (AFP) - Detailed options for concrete European-level financial support to help Greece out of its debt crisis will be presented to eurozone finance ministers next week, sources said Friday.
Publ.Date : Fri, 12 Mar 2010 17:41:50 GMT

Britain offers GM loan to safeguard jobs: minister (AFP Business News)
LONDON (AFP) - The British government on Friday announced it had agreed a loan of 270 million pounds (298 million euros, 410 million dollars) for General Motors to help protect jobs in Britain.
Publ.Date : Fri, 12 Mar 2010 17:05:51 GMT

Oil prices climb towards $83 on upbeat IEA report (AFP Business News)
LONDON (AFP) - World oil prices rose toward 83 dollars a barrel on Friday as the International Energy Agency reported strong growth in world energy demand, led by China.
Publ.Date : Fri, 12 Mar 2010 15:37:24 GMT

French president slams US decision on tanker jets (AFP Business News)
LONDON (AFP) - French President Nicolas Sarkozy criticised the United States on Friday over bidding rules for a tanker jet contract, saying it was not the way for Washington to treat its European allies.
Publ.Date : Fri, 12 Mar 2010 15:24:07 GMT

US regulator defends handling of Toyota (AAP)
A top US automotive safety official flatly rejected charges that his agency had bungled its handling of deadly Toyota defects.
Publ.Date : Fri, 12 Mar 2010 15:02:22 GMT

US retail sales unexpectedly rise 0.3% in February (AFP Business News)
WASHINGTON (AFP) - US retail sales unexpectedly rose 0.
Publ.Date : Fri, 12 Mar 2010 13:43:44 GMT

Eurozone official factory output surges in January (AFP Business News)
BRUSSELS (AFP) - Factory output across continental Europe's core euro currency zone surged ahead in January, delighting analysts, although not enough to remove longer-term concerns.
Publ.Date : Fri, 12 Mar 2010 13:28:21 GMT

Greek fourth-quarter GDP shrinks official 2.5% (AFP Business News)
ATHENS (AFP) - The economy of crisis-hit Greece shrank by 2.
Publ.Date : Fri, 12 Mar 2010 13:22:28 GMT

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