IBT Staff Reporter

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Eat healthy-kits for Australian children

n an effort to improve the diet of Australian kids, Avocado growers have just launched eat-healthy kits funded by the government for early childhood educators to encourage and promote healthier eating habits among 3 to 5 years old.

Australian Dollar Outlook 19/8/2010

The Australian Dollar is steady after a relatively quiet night on the economic data front gave the markets little to draw on as far as the state of the economic recovery in the US and Europe is concerned.

Pizza Hut to serve less salty pizzas

Pizzas and other meaty recipes containing 20 to 45 percent less salt will be served in 10 Pizza Hut stores in NSW starting November as the fast food chain prepares to roll out its healthier offerings in all 280 outlets nationwide next year.

Smoking not tied to risk of early breast tumor

Cigarette smoking has been clearly linked to increased risks of a number of cancers, including cancers of the lungs, colon, pancreas and bladder. But studies have yielded conflicting results as to whether smoking may boost a woman's odds of developing breast cancer.

GM and and China's SAIC deepen ties

General Motors and China's SAIC Motor Corp deepened their ties to include the joint development of small engines and transmissions as the U.S. automaker seeks to draw on the allure of the fast-growing China market ahead of a highly anticipated IPO.

GM to recall more than 243,000 vehicles

General Motors Co will recall more than 243,000 model year 2009/2010 crossover sport utilities, mainly in the United States, to inspect safety belts for possible damage.

GM to be dual-listed: source

General Motors Co will list its shares on the New York Stock Exchange and Toronto Stock Exchange after its initial public offering, a source familiar with the matter said on Wednesday.

Are you expecting hiring managers to figure out your value?

Sandy had an extensive human resources background, yet it was hidden in a plethora of bullet points in a lengthy and somewhat redundant résumé. She was also seeking a management-level position and was finding the fact that she did not have a college degree hindered her search. She did not know how to position her experience to overcome the potential disqualifier.

Democrat Frank says abolish Freddie and Fannie: report

Fannie Mae and Freddie Mac should be abolished rather than reformed as part of the Obama administration's planned overhaul of the government's role in housing finance, Rep. Barney Frank, chairman of the House Financial Services committee, said on Tuesday.

July home building up

Home building increased at a much weaker pace than expected in July, though sturdy growth in industrial output implied the embattled economy has enough strength to keep growing.

PIMCO's Gross calls for massive mortgage refinance

Influential bond investor Bill Gross dispensed more policy advice than the U.S. Treasury bargained for on Tuesday, calling for a massive program to refinance mortgages at low rates to boost the flagging economy.

Euro surrenders gains from strong European debt sales

The euro surrendered early gains and fell against the dollar on Wednesday in technical trading after again failing to holds above a key psychological level. Earlier, the euro had rallied for the third straight day against the dollar after a German government bond auction attracted solid demand, easing some concerns about fiscal instability in the European Union. That euphoria failed to last much into the New York session.

Oil at 5 week low as U.S. oil stocks swell to record

Oil prices fell to a five week low on Wednesday as U.S. government data showed inventories of crude and oil products rose to a record high in the world's top consumer the United States. U.S. crude oil futures fell $1.51 to $74.26 a barrel by 1503 GMT, having hit $73.83 earlier, the lowest price since early July.

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