Dollar higher on interest rate hopes
THE dollar has closed higher after investors banked on an interest rate rise in two weeks time, despite weaker than expected producer price (PPI) data. news.com.au |
Abitibi-Bowater narrows quarterly loss
AbitibiBowater reported a smaller second-quarter loss Tuesday as the Canadian newsprint maker moves forward with a plan to emerge from creditor protection this fall. cbc.ca |
AbitibiBowater defends bonuses for execs
AbitibiBowater's chief executive has defended the company's decision to reward 50 executives with a combined $6 million in bonuses for restructuring the newspaper giant. cbc.ca |
October out, November rate rise likely
THE Reserve Bank (RBA) has defied market expectations and left the cash rate unchanged at 4.5 per cent for the fifth straight month. news.com.au |
Fiji Water 'doesn't care' about Fijians
ACTING Fijian Prime Minister says Fiji Water's decision to stop operating in the country shows it doesn't care about its namesake. news.com.au |