Business

Virgin, Air NZ alliance rejected

VIRGIN Blue Holdings Ltd's international ambitions have been dealt another blow after a proposed alliance with Air New Zealand Ltd on trans-Tasman was blocked.

Fairfax to charge for mobile content

FAIRFAX Media Ltd will begin charging for some of its online news content within a matter of weeks.

Facebook beats Google

NEW data shows that US web surfers are spending more time socialising on Facebook than searching with Google.

Toyota to deliver green engines

A NEW $300 million Toyota plant in Melbourne will produce engines that deliver reduced carbon emissions, the car giant says.

Super 'too scary' to view post-GFC

ONE in three people are too scared to look at their superannuation balance after the global financial crisis wreaked havoc in investment markets.

NAB unlikely to appeal ACCC rejection

ANALYSTS say NAB is unlikely to appeal the competition watchdog's rejection of its revised $13.3 billion bid for AXA Asia Pacific Holdings.

Global economic recovery slowing

GLOBAL economic recovery is slowing at a greater rate than expected, although another recession remains unlikely, according to the OECD.

Woolworths open to acquisitions

WOOLWORTHS Ltd says it remains open to further acquisitions as work continues on its foray into the multi-billion-dollar hardware market.

Jobless rate 5.1% in August

AUSTRALIA'S unemployment rate was a seasonally adjusted 5.1 per cent in August, compared with an unrevised 5.3 per cent in July, the ABS said on Thursday.

ACCC close to NAB AXA decision

THE competition watchdog is set to make ts final decision on National Australia Bank Ltd and AXA Asia Pacific Holdings' $13.3 billion merger.

Google unveils faster search

GOOGLE on Wednesday began delivering internet search results as fast as a person can type.

Tourism grows double national rate

TOURISM in NSW has grown at double the national rate during the last quarter, the state government says.
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Toyota recalls 116,507 vehicles

TOYOTA has announced a safety recall of more than 116,000 four-wheel-drive HiLux vehicles across Australia.

Fosters rejects $2.7b wine offer

FOSTER'S Group Ltd has received and rejected a non-binding proposal to buy its Treasury Wine Estates wine assets for $2.3 billion to $2.7 billion.

Population 'a challenge for retail'

RETAILERS have reason to be optimistic, but slower population growth will pose a more challenging time than in the past decade, an independent forecaster says.