Biotech iTV

InvestorTV's Float Files for July, 2008

Ten companies are currently due to list on the Australian Securities Exchange in July, with junior resource companies making up the bulk of new entrants to the market.

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Biofuel cracked from waste ground tree

Experts claim that the world has just over 40 years of oil reserves left – a frightening assertion in an increasingly fuel-driven society. Fiona Collins reports one solution may be growing on waste land nearby.

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Self-processing sugarcane promises fuel revolution

In a small corner of the Queensland University of Technology campus, a group of scientists is working on a bio-ethanol fuel project of such significance that it could have a profound effect on the world’s sugarcane industry.

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Nature gives BioProspect effective, low-toxic products

Amid growing concerns over the effects of synthetically derived chemicals in animal production and domestic pest control, Australian biotechnology company BioProspect is working to develop natural, non-toxic products with low environmental impact.

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Algae fuel source has massive upside

Microalgae have the potential to become a major source for biofuel, and an international group of experts have formed the Solar Bio-Fuel Consortium in order to drive forward research in the highly competitive area. Fiona Collins reports.

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Aussie dollar rides high on the greenback

The Australian dollar is on an inexorable climb on the back of a weaker greenback. It's a long term trend, ABN Amro Morgan's chief economist Michael Knox explains.

Positive drug tests boost biotech interest

An apparently successful HIV drug trial and tests of a treatment for diabetes-induced macular degeneration are the highlights of biotechnology developments this week. Lauren Groves reports.

Babcock shares jump 112pc

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Breaking business news

Thursday, 4 December 2008 9:29 AM

SHARES in Babcock & Brown more than doubled after they resumed trading on the Australian stock exchange, after the investment firm secured new funding from its bankers and rearranged aspects of its debt repayment obligations...Read More

Billabong downgrades earnings forecast

Thursday, 4 December 2008 9:01 AM

SURFWEAR retailer Billabong has downgraded its earnings guidance for fiscal 2009 due to further deterioration in trading condition, particularly in the United States...Read More

Babcock shares to resume trading

Thursday, 4 December 2008 8:39 AM

SHARES in Babcock & Brown will resume trading this morning after the investment group secured extra funding from its bankers and rearranged aspects of its debt repayment obligations...Read More

Wall Street stocks rally

Thursday, 4 December 2008 7:14 AM

US stocks rallied for a second straight session overnight, after a robust report on online holiday spending and a surprise jump in mortgage applications offset a new batch of dismal economic data...Read More

Oil prices soften on demand jitters

Thursday, 4 December 2008 7:07 AM

OIL prices fell overnight in New York to the lowest level since February 2005 as the market focused on declining demand in the face of a barrage of weak global economic news...Read More

Metals prices plunge

Thursday, 4 December 2008 6:40 AM

INDUSTRIAL metals prices have fallen further in this global slowdown than they did in the Great Depression, according to research by UK bank Barclays Capital...Read More

New Zealand slashes interest rates

Thursday, 4 December 2008 6:40 AM

NEW Zealand's central bank has cut the official interest rate by a record 1.5 percentage points to tackle the fallout from the global financial crisis...Read More

Fincorp investors set to sue trustees

Thursday, 4 December 2008 6:38 AM

HUNDREDS of investors stung by the collapse of the Fincorp property empire are preparing to launch a class action against an arm of the Bendigo Bank, Sandhurst Trustees, in a case that could reap up to $100 million...Read More

ABC exec blames Citgroup for sell-off

Thursday, 4 December 2008 6:33 AM

A FORMER executive of collapsed childcare giant ABC Learning Centres who borrowed millions of dollars to buy shares, claims a margin lender sold the now-worthless stock too cheaply...Read More

Dollar down on poor US data

Thursday, 4 December 2008 6:33 AM

THE dollar opened weaker as the worst US services sector report on record and an estimated 250,000 American workers losing their jobs in November weighed on risk sentiment...Read More

Going Green

Australia’s shift towards ethical investing is characterised by a growing number of companies supporting a range of ethical, social and environmental initiatives.