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World News

Tax breaks for business coming from Obama

President Obama is to call for business investment tax breaks.

The president already has a proposal in mind to allow companies to write off new capital spending to allow them to speed up their investment strategies.

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Australian prime minister chosen at last

The Australian government has been returned after help from two Independent members, Tony Windsor and Rob Oakeshott.

The pair broke Australia's political deadlock on Tuesday by agreeing to back Julia Gillard, the caretaker prime minister, in a...

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New Obama jobs plan involves multiple infrastructure projects

US president Barack Obama has announced his government will spend billions of dollars to build huge infrastructure projects in the country, to create jobs and boost confidence in the American economy.

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Ground Zero edifice to be built by 2013

New York officials have announced that the centrepiece tower to replace the World Trade Centre in New York will be complete in 2013.

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