Qantas posts record year profit
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SYDNEY: Qantas Airways Ltd, Australia&#39;s biggest airline, said yesterday its full-year profit doubled on cost cuts and a pick-up in passengers, but the prospect of higher fuel costs sent its shares sliding.
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Westpac Banking Corp., Australia&#39;s fourth-largest bank, has posted a 16 percent rise in full-year net profit on stronger housing and business lending, and forecast 2005 earnings growth near the top of the sector.
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AFTER 7 years of operation, Australian online media heavyweight ninemsn has recorded its first annual profit of $14.4 million. The result compares with a net loss of $800,000 in 2003, which excluded the company&#39;s
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Aug. 20 (Bloomberg) -- Qantas Airways Ltd., Australia&#39;s biggest airline, increased a surcharge on all tickets as the cost of jet fuel soared to a record. Qantas shares rebounded from a three-month low.
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MELBOURNE (Dow Jones)--Australia and New Zealand Banking Group Ltd. (ANZ.AU) said Tuesday that the nation&#39;s third-biggest lender still expects to deliver a record profit
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United Parcel Service Inc., the  world's largest package carrier, said on Thursday its quarterly  profit rose, driven in part by strength in its international  and non-package businesses.
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Australian flag carrier Qantas agreed to a boosted 11.1-billion-dollar (8.7 billion US) takeover bid from an international private equity consortium.
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Qantas domestic and international air fares will rise by $4 and $7 respectively from next week as the airline lifts its fuel surcharge to offset soaring oil prices. Despite posting a record annual net profit of $648.40 million on ...
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Oil giant Royal Dutch Shell reports record annual profits for a UK company, making Â£13.9bn.
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Australian buyout target Qantas Airways Ltd.  raised its annual profit forecast for the third time in six months as fuel prices ease and demand for travel increases.
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The airline posts its first profit in three years.
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SYDNEY, Australia -- Australian stocks are trading at a fresh record Thursday, defying a negative lead on Wall Street. Market heavyweight News Corp, leading airline Qantas and the top four banks are all higher.
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British Airways has sold its A$1.1 billion (431 million pounds) stake in Australia&#39;s Qantas Airways to Australian and international investors, helping push up Qantas shares by over 2 percent.
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MELBOURNE (Dow Jones)--Australia&#39;s largest retailer Coles Myer Ltd. (CML.AU) reported Wednesday a better-than-expected 44% rise in annual net profit, driven by booming
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Australia&#39;s biggest retailer, Coles Myer, hopes it has silenced its detractors by posting a record annual profit, which was above its own guidance and market expectations.
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Anglo-Australian mining giant Rio Tinto posts a 42% jump in full year profits in 2006 to a record $7.4bn.
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Aerospace engine maker Rolls-Royce has said it had nearly tripled net profit last year to 998 million pounds thanks to a record order book.