The News Wrap

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THE NEWS WRAP: ASIC to release high speed trading report

3:21AM | Monday, 18 March 2013 |  The Australian Securities and Investments Commission will today release a report into high speed trading and will reveal whether it intends to join Germany, France and the European Union in regulating the practice.

THE NEWS WRAP: Amazon reports significant profit dip

7:14AM | Wednesday, 27 July 2011 |  Amazon has reported a significant dip in profits, despite its sales soaring by 51% in the previous quarter.

THE NEWS WRAP: Former Opes Prime boss Laurie Emini pleads guilty

7:08AM | Tuesday, 19 July 2011 |  Laurie Emini, former boss of collapsed stock broking firm Opes Prime, has pleaded guilty to three counts relating to his role in the downfall.

THE NEWS WRAP: Branson’s Virgin Group set to spend $40 million expanding Virgin Active chain

7:12AM | Monday, 18 July 2011 |  Sir Richard Branson’s Virgin Group is set to spend $40 million expanding its Virgin Active health club chain across Australia.

THE NEWS WRAP: New Tiger chief committed to ‘long-term future’

7:56AM | Friday, 8 July 2011 |  Tiger Airways’ new chief executive, Tony Davis, says his appointment shows the airline is committed to its operation in Australia, despite speculation mounting on the future of the company.

THE NEWS WRAP: ACCC backs franchise dispute shake-up

7:56AM | Tuesday, 5 July 2011 |  Outgoing ACCC chief Graeme Samuel has backed improved dispute resolution measures for the franchise sector.

THE NEWS WRAP: Tiger suspension to cost $1.5m a week

7:01AM | Monday, 4 July 2011 |  Tiger Airways' shock grounding will will mean big costs for the airline which will fight to get back in the air this week.

THE NEWS WRAP: News Corporation sells MySpace for $35 million

6:11AM | Thursday, 30 June 2011 |  News Corporation has finally sold MySpace, its once-dominant social networking site, for $35 million – a fraction of the price it paid for it six years ago.

THE NEWS WRAP: Google unveils new social networking service

6:07AM | Wednesday, 29 June 2011 |  Google has launched a new foray into the social networking space by revealing a new service, called Google+.

THE NEWS WRAP: Packer attacks Gillard’s business image

6:22AM | Thursday, 23 June 2011 |  Casino and media magnate James Packer has attacked prime minister Julia Gillard, claiming the corporate world perceives her to be anti-business.
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