AUSTRALIA

TCS wins A$50 mln contract from Australian energy co

S. Ramadorai, chief executive officer of Tata Consultancy Services (TCS), speaks during a news conference to announce quarterly financial results in Mumbai October 22, 2008.
Tata Consultancy Services (TCS), India's top IT services firm, said on Wednesday it signed a 5-year infrastructure management services contract worth more than AUD $50 million with Australia-based renewable energy company AGL Energy Ltd.
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Asia-Pacific next target for Franklin Templeton

US fund manager Franklin Templeton plans to invest heavily across the Asia-Pacific region aims to launch a new Asian property fund of funds. It also intends raising about $300 million from institutional investors in Europe and Australia, a Reuters report said.
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Oprah’s Australia Show to cost $2.8 million

Spanish actress Penelope Cruz and husband Javier Bardem have officially announced that they are expecting their first child. The Oscar winning actress is four and half month old pregnant with the 41-year-old Javier's child. Paparazzi recently spotted her with a bump.
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Kylie Minogue Goes with Flow of Life

Australian pop star Kylie Minogue who is still undergoing medication for breasts cancer revealed that she still deals with side effects like nausea and headaches. She has also spoken of her love for sister Dannii's son.
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“Oprah” House to Opera House

Oprah Winfrey's generosity to her audience and staff members is not unknown. In the past she has given each audience a new car, I-pads and $10,000 checks to all her staff members.
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Researchers develop test for pregnancy complication

It may be possible to predict which women will develop a dangerous complication of pregnancy called pre-eclampsia weeks before they ever show the first symptoms, an international team of researchers reported Monday.
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Hilton Top hotel brand in Asia: Survey

World's leading hotel group Hilton Hotels & Resorts has been named as the top hotel brand in Asia for the year 2010 for the second consecutive year by global research company Taylor Nelson Sofres (TNS), in conjunction with one of the region's leading media, marketing and advertising publications, Media. This is the second consecutive year Hilton clinched the title since the study's Travel & Leisu...
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Power struggles: charging tomorrow's cars

Now a new generation of drivers is set to embark on a similar kind of experiment. Until recently, most electric vehicles, or EVs as they are often known, have had a range of just a few dozen miles, limiting their usefulness and appeal.
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Macquarie cuts jobs after profit warning -paper

Macquarie Group begun cutting jobs late on Monday after warning of a 25 percent drop in first-half earnings amid weak markets, The Australian newspaper reported on its website on Tuesday, citing unnamed fund managers.
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U.S. jobs data lifts FTSE to 4-month closing high

Britain's leading share index hit a near four-month closing high on Friday after a better-than-expected U.S. jobs report eased concerns of the world's largest economy slipping back to another recession.
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FTSE hit more than 3-week high before US jobs data

Britain's leading share index hit a more than three-week high on Friday as the market looks beyond a weak employment picture in the United States after factoring in a soft patch in the pace of the economic recovery.
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FTSE up for sixth day

Slim gains from miners and energy firms nudged the FTSE 100 slightly higher on Friday, but moves were muted ahead of closely watched August employment data from the United States.
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FTSE seen opening higher

The FTSE 100 is seen climbing 7-8 points on open on Friday, with moves seen muted ahead of closely watched employment data from the United States.
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Stocks at 2-week peak; bond sales bolster euro

World stocks hit a two-week high on Thursday as optimism from strong U.S. and Chinese manufacturing data extended into a second day while the euro gained, drawing support from solid French and Spanish bond auctions.
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Hays profit beats forecast, enters new markets

Recruiter Hays posted a halving of full-year pretax profit, beating forecasts, after growth in Asia helped it counter a tough first half which was battered by a difficult economic climate.
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Stocks hit 2-week high on manufacturing optimism

World stocks hit a two-week high on Thursday and oil prices rose as optimism from strong U.S. and Chinese manufacturing data extended into a second day ahead of a euro zone interest rate decision and key U.S. jobs data.
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Return to power within grasp for Australia's Gillard

Australian Prime Minister Julia Gillard came within grasp of a return to power on Thursday after one of four kingmaker MPs backed her Labor Party's bid to form a minority government following last month's dead-heat elections.
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Dollar, yen recover losses; ECB eyed

The dollar and yen recovered losses on Thursday as risk-taking sentiment was tempered ahead of a European Central Bank policy meeting later in the day and key U.S. jobs data on Friday.
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Dollar on defensive after data whets risk appetite

The dollar was on the defensive on Thursday, retaining most of the losses sustained the previous day when upbeat data helped lure investors away from safe-haven currencies and assets. Figures released on Wednesday showed the U.S. manufacturing sector grew faster than expected and China's factory output regained momentum in August, while Australia's economy expanded at its fastest pace in three years in the second quarter.

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