Companies

Raw Milk

From Companies 6:14 am

Aussie Milk Farmers Told to Brace for 10-15% Drop in Milk Prices Due to Global Supply Glut

There is too much milk supply available globally that Dairy Australia warned Aussie farmers to expect a 10 per cent to 15 per cent drop in milk prices in 2013.

Govt Says Tobacco Firms Selling Cheap Cigarettes is a Desperate Act

From Economy 5:52 am

Govt Says Tobacco Firms Selling Cheap Cigarettes is a Desperate Act

The Australian government said on Thursday that issuing much affordable cigarette brands in the market was an act of desperation coming from the British American Tobacco Australia (BATA), which recently unleashed a new brand that sells for only $11.50.

Pigs head

From Society 5:48 am

Sloppy NSW Slaughterhouse Conditions Brings Back Memories of Abattoirs in Indonesia

The New South Wales (NSW) government is set to announce tougher standards for abattoirs in the state following the release of videos that showed pigs being hit on the head with metal poles as part of the slaughter process.

Samsung Galaxy S3

From Companies 5:30 am

Samsung Galaxy S III Released Early in London

Samsung Galaxy S III was released early in London much to the delight of customers who pre-ordered the latest smartphone recently.

E.ON in talks over $5.6 billion UK unit sale

From Companies 5:12 am

Macquarie Consortium Buys E.ON Gas Grid for $4.1 Billion

A Macquarie consortium purchased for $4.1 billion the gas grid of German energy firm E.ON. Open Grid Europe runs Germany's biggest gas transmission system and is about 12,000 kilometres long.

Gartner Crowns Samsung as Number 1 Smartphone Maker

From Economy 4:24 am

Gartner Crowns Samsung as Number 1 Smartphone Maker

Samsung is the king of smartphones for the first quarter of 2012, based on the latest global sales data released on Thursday by Gartner.

A trader enters an order by a post that sells JP Morgan Chase stock on the floor of the New York Stock Exchange

From Politics & Policy 4:19 am

Australian Stock Market Report – Midday 5/17/2012

Yesterday was another down day for the Australian share market, with widespread selling in all sectors apart from the utilities, the All Ordinaries Index (XAO) ended off 101 points to 4,214 points.

UK construction

From Economy 4:13 am

2 Months After Winning Bid for Public Housing Projects in NSW, St Hilliers Goes into Voluntary Administration

St Hilliers Construction, which two months ago won major public housing projects in New South Wales, went into voluntary administration on Wednesday. The move created havoc on the company's building projects in Illawarra, Shoalhaven, Coffs Harbour and Victoria.

Report: Apple to Roll Out Major Overhauls on New iPhone

From Economy 3:36 am

Report: Apple to Roll Out Major Overhauls on New iPhone

Apple will issue a new iPhone version later this year and based on reports that emerged, the hit gadget will come with a bigger screen, ditching the standard screen size that the smartphone has been carrying since its 2007 market debut.

From Companies 3:28 am

Samsung Shares Fall Further On Apple-Elpida Alliance Fears

Shares in South Korea's Samsung Electronics extended their heavy slide on Thursday, on speculation that arch rival Apple Inc is looking to cut its reliance on Samsung memory chips and turn increasingly to Japanese chipmaker Elpida.