June 09, 2010

Business News

Commodities rebound but tech stocks weigh in US
There was a mixed finish to trading on Wall Street, with steady gains for the Dow and S&P 500, but losses for the Nasdaq, because of weakness in the technology sector.

Britain told to spend less, tax more
A major ratings agency has warned that Britain will need a more ambitious plan to cut its deficit, hinting that tax rises as well as spending cuts will be needed to tackle the debt burden.

Health budget welcomed but 'sick' payroll system deters staff
Doctors and nurses are sceptical a boost in health spending in this year's state budget will be the answer to Queensland Health's 'sick' payroll system.