Dow closes back below 10,000 mark

omss, this is your Australian Business update for Fri Aug 27 08:21:45 EST 2010
	Dow closes back below 10,000 mark UPDATE: Jonathan Cheng US stocks were weaker today, with the Dow closing below the 10,000-point mark amid concerns about the pace of the US economic recovery.   Dutch millionaire behind One.Tel action Katherine Jimenez DUTCH multi-millionaire Louis Reytenbagh has been named as the mystery backer of the $244 million One.Tel legal action.   Glencore mulls IPO future David Robertson AT least one layer of secrecy that shrouds Glencore could be lifted if it goes ahead with a flotation of its $US5 billion gold operation.   Rare resources key in power battle ANALYSIS: Leo Lewis THE world will belong to the countries who control the resources, such as rare earth metals, which power the 21st century.   Asset freeze in BHP-Potash bid scandal Bob Tita and Jacob Bunge A US judge has extended a freeze on the assets of two men accused of insider trading in BHP Billiton's $US39 billion bid for Potash Corp.   Woolies gets fresh with share buyback Rebecca Urban AUSTRALIA'S largest retailer will return a surprise $700 million to investors though a share buy-back program.   Toll still keen on acquisitions Tracy Lee TOLL Holdings is banking on a recovery in demand in the retail sector by the start of the next calendar year.   Virgin wins alliance to chase corporates INSIDE STORY: Damon Kitney IT was a top-secret meeting at a non-descript office building in Singapore less than four weeks ago that sowed the seeds of an alliance.   Financial Markets Dow closes back below 10,000 mark UPDATE: Jonathan Cheng US stocks were weaker today, with the Dow closing below the 10,000-point mark amid concerns about the pace of the US economic recovery.   Gold dips but stays above $US1200 TPG adds muscle to Alinta rescue effort   Financial Markets Coverage   Mining & Energy Rare resources key in power battle ANALYSIS: Leo Lewis THE world will belong to the countries who control the resources, such as rare earth metals, which power the 21st century.   Asset freeze in BHP-Potash bid scandal Glencore mulls IPO future   More Mining & Energy Coverage		08:15am Rare resources key in power battle 08:13am Dollar lower on global uncertainty 07:36am Greek tax evader hunt uses home videos 07:23am Asset freeze in BHP-Potash bid scandal 07:00am Glencore mulls IPO future 06:24am US stocks slip 06:19am Dow closes back below 10,000 mark 05:53am Gold dips but stays above $US1200 04:34am US stocks rise on positive jobless data 04:30am Sydney rental vacancies rise 03:36am Recovery of UK banks 'far from certain' 12:00am MacTel rings up profit jump 12:00am IPO eyed for Iluka ore as losses fall 12:00am IOOF lights up on talk of North tie 12:00am Ramsay baulks at British rival   More Business Breaking News
	John Durie Woolies on track as Coles catches up A SURPRISE $700 million off-market share buyback gave some glitz to an otherwise flat Woolworths result. Tim Boreham Punters pull money out of ATM operator THE nation's biggest ATM operator is paying for being a well-watched market darling, in that you're whacked twice as hard when you stumble. More Opinion Stories
	Agriculture Asset freeze in BHP-Potash bid scandal Aviation Virgin Blue bags Qantas link Banking & Finance Dutch millionaire behind One.Tel action Construction & Engineering Triguboff calls for new poll, rate cuts Green Business Scrapping Wild Rivers legislation 'a priority' Healthcare Ramsay baulks at British rival Infrastructure & Utilities State power sale for hungry AGL Legal Affairs Corporates taken to the cleaners Leisure & Gaming NSW site chosen for hall of fame Manufacturing On-target Amcor ready to shop Media Footage of Cousins 'may harm kids' Mining & Energy Rare resources key in power battle Primespace   Investor revolt looms at RVG Retail & Consumer Woolies gets fresh with share buyback Small Business Flight control to Major Rob Telecoms MacTel rings up profit jump Transport & Logistics Toll still keen on acquisitions		Highlights Rare resources key in power battle ANALYSIS: Leo Lewis THE world will belong to the countries who control the resources, such as rare earth metals, which power the 21st century.   Dow closes back below 10,000 mark Virgin wins alliance to chase corporates   More Highlights   Executive Lifestyle The Kew minimalist AN unconventional minimalist house in Kew, Melbourne, is based on ideas from ancient Pompeii.   Budgeting for babies Hats on   More Primespace Coverage   Portfolio Manager Currencies Map Portfolio Login RSS Feeds Alerts (Email/Mobile) Vanguard Volatility Chart Alerts Login Interactive Charting
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