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Business Newsletter
Paulo, this is your News.com.au Business update for Thursday, 18 September 2008

Macquarie shares down 18pc

SHARES in Macquarie Group have slumped 18 per cent to a five-year low today after S&P revised down its outlook for the bank.

Gates beats Buffett in US rich list

BILL Gates has overtaken Warren Buffett to regain the title of America’s richest man – but Facebook founder Mark Zuckerberg is working his way up the list.

Gold shines bright amid turmoil

SHARES in Australia’s largest gold miners opened higher today after the price of the precious metal recorded its biggest one-day gain in nine years amid uncertainty in equity markets.

British banks in merger talks

THE transformation of international banking took another turn last night with embattled British banking group HBOS – the owner of Bankwest – negotiating merger terms with market rival Lloyds TSB.

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$40 billion lost in market plunge

THE local share market looks set to hit further trouble today after Wall St sunk to a three-year low overnight.

Chinese bank coy over Morgan talks

CHINESE conglomerate CITIC refused to comment on a report that it was in talks with Morgan Stanley to buy the US-based investment bank.

A study in rescuing US companies

THE US government’s dizzying turns as it struggles to stem a tide of economic woes, may have left many companies wondering exactly what its policy is.

Less than vintage year for US sales

SALES of Australian wine have continued to slow in the US, with beverage giant Foster’s experiencing declines in five of its top 10 brands.

More Business News >>

Dollar down as Wall St nosedives

September 18, 2008 07:54am

THE dollar opened a US cent weaker today, after hitting a fresh 1 …

Shares rise after AIG bailout

September 17, 2008 12:32pm

THE share market was stronger at noon, following the US Federal R …

Market Data

More
Index Level %Change
All Ordinaries 4587.5000 -3.8159
S&P/ASX200 4541.0000 -3.8331
AUD/USD 0.7916  

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Written by Ricardo Paulo Javier

septiembre 18, 2008 a 3:50 pm

Publicado en Titulares de Noticias

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