Prices of consumer goods and services rose at a faster 2.5 percent pace in November, the highest in 21 months, on steeper prices of alcoholic beverages, tobacco, housing, utilities and transportation, the Philippine Statistics Authority (PSA) reported yesterday. A proposal to roughly double the royalties paid by the state’s two biggest iron ore miners was divisive and could set a dangerous precedent for fixing budget issues, Fortescue Metals Group chief executive Nev Power told this morning’s Business News Success & Leadership breakfast.
Selling Donald J. Trump’s business assets to deal with potential conflicts of interest would be time-consuming and difficult, but it could be done. In this Business News podcast, Mark Beyer and Mark Pownall discuss South Perth apartments, Centurion and MacAleese, defence, wealth creators in WA. Donald J. Trump’s stock holdings are not a significant portion of his business empire, but the sale described by a spokesman would alleviate some concerns about his conflicts. The court has recognized the rights of officials to prosecute trading cases involving business executives who pass along information to relatives. EnergyAustralia’s $1.5 billion commitment to solar power underlines a contrast between business and government.
Construction will start later this week on Defence Housing Australia’s 166-dwelling Liv Apartments in Fremantle, after Georgiou Group was appointed as DHA’s building contractor. Click on the button below to create your account and get immediate access to thousands of articles.
Woolworths bosses have sought to reassure shareholders about the future of its struggling discount department chain, Big W, a week after its newly installed chief executive resigned. The Australian Business section is published in The Australian daily to provide a national perspective coupled with in-depth analysis from the nation’s leading business journalists.
It became known as UPI after a merger with the International News Service in 1958, which was founded in 1909 by William Randolph Hearst. Japan reports its economy grew at a better than expected 1.7 percent annual pace in March, as higher government outlays helped offset weakness in business investment and exports. Philippine Business Bank (PBB), the financial arm of the Yao Group of Companies, has availed of the $5 billion global trade-finance program (GTFP) of the International Finance Corp. Deep regret was occasioned in the Glens of Antrim by the announcement of the death of Captain James McAllister of Brooklyn who had built up a very extensive and successful business in New York City. Take a look behind the scenes of a new three-screen cinema which will be opening in Norfolk at the end of this week.