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Business

15 May 12 - Business News

SAP says all data will be in memory
Investing in the sort of business management systems that SAP sells so as to tweak every production and distribution process into peak efficiency.

Coke puts beer goggles back on
COCA-COLA Amatil yesterday signalled its intentions to move back into the beer business by striking a deal with three leading international beer companies to distribute brands such as Corona and Carlsberg in Fiji and the Pacific Islands.

Where President Obama and Mitt Romney stand on lowering small business taxes
The Associated Press is looking at the positions that President Barack Obama and Republican presidential candidate Mitt Romney have taken on small business issues. BACKGROUND: Many small business advocates say the current tax structure favors so-called ...

Budget will encourge firms to invest: Swan
Treasurer Wayne Swan believes small business tax benefits in the federal budget will encourage investment and lift productivity.

Facebook loses major advertiser
AS it prepares for its highly anticipated IPO, Facebook continued with the business of being the world's largest social network Tuesday, dealing with the loss of a large advertiser even as it "acquired'' a small London company.

Business Highlights
NEW YORK (AP) - Home Depot said Tuesday that its first-quarter net income climbed nearly 28 percent as an unseasonably warm winter and increased business from contractors and other professional customers boosted results at the world's biggest ...

US business stockpiles grew 0.3 percent in March
The Commerce Department said Tuesday that business inventories rose 0.3 percent in March, the smallest increase since November.

Business news: Avon's suitor leaves, Home Depot projects slower gains
Coty's withdrawal may hurt its credibility in future offers, said Erik Gordon, a professor at the University of Michigan's Stephen M. Ross School of Business. “Coty's idea of a friendly offer gives new meaning to being a friend,” he wrote in an e-mail.

Outcry at Tasmanian business chamber's NBN grant bungle
TASMANIA'S peak business group has repaid $130000 to taxpayers after admitting it misused part of a grant aimed at improving the uptake of the National Broadband Network.

Markets Live: Greece weighs on markets
The first contract was for BHP Billiton's petroleum business and involved structural, mechanical and piping installation works at the Macedon Gas Project, Monadelphous said in a statement on Wednesday.

Toll shares plunge amid earnings gloom
AAP Transport and logistics group Toll Holdings has warned of lower earnings in 2012 as weakness in the retail sector impacts on its business. Toll on Wednesday said it expects underlying earnings before interest and tax (EBIT) to fall to about ...

Business slams casuals plan
With business groups pushing the Coalition to adopt a hard-line industrial relations policy, Mr Oliver is expected to lead a more aggressive campaign by the union movement.

Machine-to-machine commerce on the way
The intro clip provided an irreverent start to SuiteWorld with the Nelson/Wayne character looking toward the future from his 1990s sofa to predict: "We're going to get rid of all the stuff that makes your business hurl!" Nelson later told IT Pro: "I ...

Australian business news digest - May 15
A new study by the Chief Executive Women has found that women are still struggling to obtain senior ranking positions across many Australian small and medium sized businesses. The survey uncovered that three out of four of these companies have no women ...

Treasury secretary in staunch surplus defence
By business reporter Michael Janda Treasury Secretary Martin Parkinson has mounted a spirited defence of the federal budget, denying accusations that the return to surplus is just smoke and mirrors.

Good US Jobs News Can Be Found in Big Business
Big business, we keep being told, has been so hampered by regulatory uncertainty over the past few years, it has been reluctant to hire workers.

Philippine business warns on China stand-off
By Roel Landingin in Manila and Robin Kwong in Beijing Philippine businesses are calling for a quick resolution to the month-long stand-off with Chinese ships in the South China Sea, warning that a prolonged political impasse could hurt tourism and ...

Ally Financial CEO Says US Businesses Not For Sale
NEW YORK - The bankruptcy of Ally Financial Inc.'s troubled mortgage business and potential sales of its international units will put the auto lender on stronger footing, Ally executives said Tuesday, despite questions about the ultimate fate of Ally's ...

China faces pressure to reverse economic slump
BEIJING: Gao Runping, who makes mechanical components for the oil industry, founded his business in the central city of Taiyuan with equipment bought from failing companies after the 2008 global crisis.

Rather than blaming businesses for lack of growth, make it easier for them to ...
By Janice Atkinson-Small Defence Secretary Philip Hammond attacked 'whingeing' business leaders yesterday, accusing them of sitting on large piles of cash and saying that they needed to do more to help kick-start the economy.