Westfield US Operations Escapes Sandy Wrath
Westfield Group said its shopping centers in the United States have escaped major damage from Hurricane Sandy, which hit the East Coast a..
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Apple’s Foreign Tax Is 1.9 Percent
Records show that for the latest fiscal year, tech giant Apple paid about 1.9 percent of income tax rate for its earnings outside the..
Hankin’s Death to Affect Banksia Probe
The death of Ian Hankin, the former chairman of Banksia Financial Group, is likely to affect the probe surrounding the collapse of the..
Retail Adventures to Cut 630 Jobs
Retail Adventures will cut as many as 630 jobs by the end of November. The discount chain is in the process of closing 32 stores across..
Sandy May Affect US GDP
Hurricane Sandy, which hit the East Coast of the United States, is expected to also hit the country’s gross domestic product. According..
Facebook Faces More Woes
As the lock-up period of expires, Facebook is facing more challenges. Yesterday, its shares fell close to four percent. The company has..
Virgin Australia Offers $98.7M on Skywest
Following Virgin Australia’s purchase of a 60-percent stake in Tiger Airways for $35 million, Virgin has offered $98.7 million to..
Optus Axes 750 Jobs, Hires 200 Workers
After axing 750 jobs, Optus announced that it is hiring 200 works for its new retail stores. According to Optus, the company is set to open..
Vodafone Takes Over Telstra’s NZ Biz
Vodafone has been approved to take over the New Zealand operations of Telstra. The takeover costs about NZ$840 million or about $666..
Virgin Australia Inks Several Deals
Virgin Australia did sealed several transactions in an effort to boost its business. Singapore Airlines has just purchased a 10-percent..
