International

http://economictimes.indiatimes.com/news/international-business/end-of-australias-resources-boom-hits-investment-in-sector/articleshow/20198419.cmsEnd of Australia’s resources boom hits investment in sector By Reuters | 22 May, 2013 SYDNEY: The end of Australia’s resources boom is taking its toll on investment in the sector, with A$150 billion in planned projects delayed or cancelled since April 2012, government data shows.China’s economic slowdown has squashed a decade-long mining boom in… Continue Reading

http://online.wsj.com/article/SB10001424127887324787004578498041056759204.html?mod=fox_australian Australian Consumers Turn Gloomier May 21, 2013 BY JAMES GLYNN SYDNEY—Australian consumer sentiment fell for the second straight month, denting hopes that households will lead a recovery as the long mining boom slows. The Westpac-Melbourne Institute index of consumer sentiment slid in May to its lowest level since August—97.6, down from 104.9 in April… Continue Reading

http://economictimes.indiatimes.com/news/international-business/psa-peugeot-citroen-to-shut-site-near-paris/articleshow/20197983.cms PSA Peugeot Citroen to shut site near Paris By Reuters | 22 May, 2013 PARIS: PSA Peugeot Citroen plans to close a research and administrative site near Paris and transfer its 660 workers to other plants as part of the French carmaker’s cost-cutting plans, according to an internal document ….”

http://supremecourthaiku.com/blog1/2013/05/21/ppl-corp-v-commissioner-of-internal-revenue-may-20-2013/ PPL Corp. v. Commissioner of Internal Revenue (May 20, 2013) May 21st, 2013 . Posted in Case Haiku No Comments »   U.K. “windfall tax” Foreign excess profits tax Credit can be claimed Opinion ….”

http://www.canberratimes.com.au/national/public-service/junior-tax-officers-stretched-union-20130521-2jzfg.html Junior tax officers stretched: union May 22, 2013 | Noel Towell A cull of dozens of senior Australian Taxation Office officials has left junior staff to “match wits” against vastly more experienced corporate tax experts, according to a public sector union. The Australian Services Union says so many tax officers are now working above… Continue Reading

http://www.canberratimes.com.au/business/mining-exploration-plunges-20130522-2k07n.html Mining exploration plunges May 22, 2013 | Peter Ker Spending on mineral exploration in Australia declined by 27 per cent between June and December, according to new government reports that show the sector was already in decline before the Gillard government tightened the tax rules on exploration. Statistics from the Bureau of Resources and… Continue Reading

http://www.canberratimes.com.au/business/mining-and-resources/blow-for-newcrest–exploration-licence-quashed-20130522-2jzzq.html Blow for Newcrest – exploration licence quashed May 22, 2013  | Michael West In a stunning decision, a NSW court has quashed an exploration licence held by Australia’s largest goldminer Newcrest. The licence application in question was made during the stewardship of disgraced mining minister Ian Macdonald in 2008 and renewal was granted in… Continue Reading

http://www.theage.com.au/executive-style/management/rinehart-drops-more-than-lowys-entire-worth-20130522-2k0h9.html Rinehart drops more than Lowy’s entire worth May 22, 2013| Steve Colquhoun, Andrew Heathcote Mining magnate sustains $7.15 billion drop, but stays well ahead on BRW’s rich list. Gina Rinehart’s personal wealth has shed a staggering $7 billion in the past 12 months, but even her losses exceed the total wealth of Australia’s next… Continue Reading

http://www.reuters.com/article/2013/05/22/us-autos-ford-capacity-idUSBRE94L04E20130522?feedType=RSS&feedName=businessNews Ford adds production in North America to meet new car demand By Deepa Seetharaman DETROIT | Wed May 22, 2013 12:03am EDT DETROIT (Reuters) – Ford Motor Co (F.N) is adding a week of production at 20 North American factories this year to build an additional 40,000 vehicles and help sustain its gains in… Continue Reading

http://www.csmonitor.com/Science/2013/0521/NASA-funds-3-D-pizza-and-chocolate-printer?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+feeds%2Fcsm+%28Christian+Science+Monitor+%7C+All+Stories%29&utm_content=Google+Reader NASA funds 3-D pizza (and chocolate) printer Does computer-printed food conjure images of Star Trek’s replicator? A prototype 3-D printer for food has already produced chocolate, but its designer has his sights set on pizza, which NASA hopes to feed to astronauts. By Denise Chow, SPACE.com / May 21, 2013 NASA has doled out… Continue Reading