Spain's Caixabank to cut about 3,000 jobs

CAIXABANK, Spain's biggest bank as measured by assets under management, plans to slash around 3,000 jobs as part of a restructuring. The Barcelona-based bank said the restructuring was needed following the purchase of smaller rivals Banca Civica...

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Silencer plan for NSW park hunting

HUNTERS will be allowed to use silencers on guns when shooting feral animals in NSW national parks to minimise disturbance to other users under proposals being considered by the government. The proposal in a leaked draft assessment report would...

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Ikea pulls meatballs over horsemeat fears

SWEDISH furniture giant Ikea has withdrawn some of its meatballs from sale in at least 15 European countries after horsemeat was found in the product by Czech authorities. "We take this very seriously and have withdrawn one-kilo bags of frozen...

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Lost Sydney boy found, one still missing

ONE of two boys who went missing from school in Sydney's southwest has returned home but police continue to search for his friend. Jaydan Patterson, 13, and Tyler Rolani, 11, were last seen leaving their school at Warwick Farm about 10.35am...

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US stocks rise on promise of more stimulus

US stocks have opened solidly higher on expectations of continued economic stimulus measures by central banks. Five minutes into trade on Monday, the Dow Jones Industrial Average rose 53.27 points, or 0.38 per cent, to 14,053.84. The broad-based...

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Philips drops 'Electronics' name

DUTCH manufacturing giant Philips says it intends to drop the word Electronics from its name as it shifts away from consumer-based entertainment towards health, well-being and lighting products. Based in Eindhoven in the southern Netherlands,...

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Italy's centre-left poised to win election

ITALY'S centre-left is poised to win against Silvio Berlusconi in a key election for the eurozone, but a new anti-austerity party is also set to make major gains, exit polls show. The main Democratic Party led by Pier Luigi Bersani and its smaller...

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Record British offshore energy investment

BRITAIN'S offshore oil and gas sector will invest a record STG13 billion ($A19 billion) in 2013, boosted by the impact of taxation changes in the previous year, an industry survey shows. Overall investment is expected to surge by 14 per cent...

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