LIECHTENSTEIN called for a compromise with European nations overnight amid a worldwide tax fraud probe focused on its banks but said German agents who uncovered the scam committed a crime.
INSURANCE Australia Group has reported a 68 per cent fall in first half net profit after an increase in insurance claims due to severe weather events dented its bottom line.
THE US economy was in a slowdown but not headed into recession, President George W Bush said after new data showed slow fourth-quarter growth and a bigger-than-expected jump in unemployment claims.
BUSINESS and regulatory heavyweights in Australia have lashed out at what some see as "disgraceful" levels of disclosure by listed companies of important information such as sub-prime exposure and margin borrowing by executives.
THE Rudd Government's first budget will include an initiative to drive investment in affordable housing projects, by providing $6000 tax credits per dwelling to corporate investors.
EMBATTLED childcare giant ABC Learning Centres has argued it kept the market aware profits would be vastly different - despite the December half-year result falling far short of analyst expectations.
PRIME Minister Kevin Rudd will take responsibility for negotiating the $10 billion national water plan with Victoria when the deal is closer to being sealed.
