dailymercury.com.au: Business

Pacific Brands to cut more jobs

Thu, 25 Feb 2010 09:26:10 +1000

PACIFIC Brands Ltd expects earnings growth to return in 2010/11 and will close its tenth factory next month, taking total job losses to 3,000.

Domino’s Pizza iPhone app a winner

Thu, 25 Feb 2010 00:00:00 +1000

LISTED franchisors Domino's Pizza has laid claim to having Australia's most successful iPhone apps released by a business.

Storm clients target other banks

Wed, 24 Feb 2010 17:05:33 +1000

MAJOR banks are working to settle disputes with former clients of Storm Financial following a landmark deal between the Commonwealth Bank and investors.

Virgin Blue returns to profitability

Wed, 24 Feb 2010 11:38:30 +1000

VIRGIN Blue returned to profitability in the first half of 2009/10, maintained its annual earnings guidance and continued to see pressure on domestic yields.

Sunny side to Japan trade

Wed, 24 Feb 2010 09:06:58 +1000

MACKAY'S sunny climate gives it an advantage when it comes to doing business with Japan, Austrade's Tokyo-based trade commissioner said yesterday.

The Yanks are coming

Tue, 23 Feb 2010 10:00:00 +1000

A SmartCompany investigation into the influx of US-based companies targeting the Australian market has revealed at least eight brands set to arrive in 2010.

Should you dump your bad clients?

Tue, 23 Feb 2010 00:00:00 +1000

IF you're in business in Australia, then it's almost a forgone conclusion that you have at least one or two bad clients on your books.

New motor vehicle sales fall 3.4%

Mon, 22 Feb 2010 11:29:12 +1000

VEHICLE sales fell by 3.4 per cent in January, as the federal government's 50 per cent tax break on business investment in December ended.

Caltex books $203m profit

Mon, 22 Feb 2010 09:33:12 +1000

AUSTRALIA'S largest listed oil refiner Caltex Australia Ltd made a $203 million profit in calendar 2009, the higher end of expectations.

Worried Toyota dealers take action

Mon, 22 Feb 2010 08:18:16 +1000

WITH Toyota waging an advertising battle to protect its name after the recall of 8.5 million cars, many of its dealers are taking matters into their own hands.

Nestle posts big drop in profit

Sat, 20 Feb 2010 07:39:23 +1000

NESTLE has posted a 42 per cent drop in annual net profit in 2009 to 10.4 billion Swiss francs ($A10.72 billion) largely in line with analysts' expectations.

Licence issued for LNG plant pipeline

Fri, 19 Feb 2010 12:17:16 +1000

THE Queensland government has issued a licence for a 470km-long, $600 million natural gas pipeline.

RBA talks up Australia's outlook

Thu, 18 Feb 2010 10:56:38 +1000

THE central bank says the outlook for the Australian economy over the next few years is positive, as the nation continues to benefit from high commodity prices.

Airfares will have to rise: Qantas

Thu, 18 Feb 2010 10:47:01 +1000

QANTAS Airways Ltd chief executive Alan Joyce says it is inevitable airfares will have to increase in 2010 from "unprecedented low levels".

French wine exports plunge

Thu, 18 Feb 2010 08:02:14 +1000

FRENCH wine exports plunged by almost a fifth in 2009, reverting back to the same level as a decade ago, business association Ubifrance said on Wednesday.

Qantas expects a $120m profit

Wed, 17 Feb 2010 17:15:13 +1000

QANTAS is expected post a pre-tax profit for the first half of 2009/10 after passenger numbers grew and yields recovered in the aftermath of the recession.

Reject Shop posts 22% profit rise

Wed, 17 Feb 2010 13:43:39 +1000

DISCOUNT variety retailer The Reject Shop says it will double its outlet capacity by July after upgrading its full year profit guidance.

Coca Cola Amatil sees record result

Wed, 17 Feb 2010 09:03:29 +1000

COCA-COLA Amatil has delivered a 16.4 per cent rise in full year net profit, and says it expects earnings growth "in the high single digits" in early 2010.

Westfield loss improves to $458m

Wed, 17 Feb 2010 08:52:14 +1000

WESTFIELD Group has reported an improved full year loss of $458 million as the shopping centre owner was hit by lower property valuations.

A sizzling-hot opportunity

Wed, 17 Feb 2010 02:00:38 +1000

VERA and George Thanyakittikul are selling their popular restaurant, George’s Thai on the Marina, so they can head overseas for a year-long adventure.