Business PM - BP axes staff

Wednesday November 20, 2013 Afternoon Edition  Business News    Markets    Quotes    Money    Innovation    Small Business    Executive Style    Mobile    BP axes staff Madeleine Heffernan 3:54PM | At least 300 people are set to lose their jobs as global energy giant BP cuts costs at its Australian business. WorleyParsons leads bourse's fall Vesna Poljak 5:11PM | A profit downgrade by WorleyParsons sent Australian shares lower and offset the impact of supportive comments by Fed chair Ben Bernanke. Myer uninterested in Westfield online mall Eli Greenblat 4:43PM | The nation's biggest department store Myer has refused to sign up to a new online mall set up by Westfield. Gindalbie's Karara mine faces continued problems OzForex passes first hurdle Avoid further budget cuts, OECD tells govt Spray-on skin company faces first strike Business News Wire 1:15PM US taper is good news for $A, RBA official 11:40AM Profit downgrade hits WorleyParsons shares 11:31AM Economy set to strengthen - Westpac 11:22AM Myer hopeful of a busy Christmas 11:20AM Infrastructure body to be revamped Comment & Analysis Qantas chief Alan Joyce can't say that the relentless airline price and capacity war in which it has engaged with Virgin will push the airline into a loss in the 2014 year, but nor can he say that it won't. Elizabeth Knight Watch out William Shakespeare, Mark McIvor is here to seize the poetical crown. Carolyn Cummins As more and more young people face being locked out of the housing market by soaring prices, it's time to acknowledge the obvious.! Clancy Yeates Advertisement Markets $A higher after Fed speech, China reforms WorleyParsons leads bourse's fall US stocks suffer small falls Around the Markets at 5:17PM EST, 20 Nov 2013 Dow Jones 15967.03 – 8.99 – 0.06% Nasdaq 3931.553 + 0.00 + 0.00% Hang Seng 23709.91 + 52.10 + 0.22% NZ 50 4840.364 – 22.14 – 0.46% CAC 4272.29 + 0.00 + 0.00% End of day figures for Dow Jones and Nasdaq All others figures are intraday (20 min delay) Quotes & Charts Browse by industries » World Business Rates likely to stay low: Bernanke Nokia shareholders OK sale to Microsoft JPMorgan reaches $US13b deal on US mortgage complaints Small Business What your boss really wants to say to you Wine e-tailer wins Deloitte Fast 50 How to win an argument Money Lessons learnt from the GFC Renting property makes you liable for CGT Money's weekly Morningstar tables Business Videos US regulators are investigating Tesla's Model S sedans after three fires in six weeks. China reforms 'better than anyone dared hope' ADM's Ian Pinner: We're looking for solutions Blogs Commonwealth Bank's submission to a Senate inquiry makes for interesting reading. Adele Ferguson at Executive Style No pirates in this rum rebellion, matey Obesity, the demon within To the men who moisturise Stay on top of all the market developments with Business Day on your mobile. Get it now member centre | network map | mobile | advertise with us SMH | THE AGE | AFR | MYCAREER | DOMAIN | DRIVE | FINANCE | FAIRFAX NZ Contact Us: If you would like to provide feedback, use the 'Contact Us' link. Do not reply to this email. Security Reminder: Fairfax Digital never requests personal or credit card information via email. Be wary of suspicious emails claiming to offer Fairfax Digital services. You are currently subscribed to this newsletter as: kwacijowo@gmail.com, using kwacijowo@gmail.com Unsubscribe | Privacy | Conditions of Use | Member Agreement