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Government Seeks to Hike Debt Ceiling to $300 Billion

The hike would be a hedge in case the need to pay maturing bonds due to weak tax collections would cause total debt to temporarily go beyond the debt [...]

Australia Boosts Foreign Aid Budget to $7.7 Billion, Chunk Goes to Asia-Pacific

The launch is timely because of the increase of Mr Carr said in a statement that by 2015-16, 70 per cent of its foreign aid will be allocated to Asia and the Pacific which it considers the highest priority [...]

WPP Group Acquires Canadian Ad Shop Taxi

Just think of Taxi as the “portable” agency brand. That’s how WPP Group views the shop, and it hopes to expand the brand into new markets following its acquisition today of the creatively driven shop that’s grown to become a significant player in [...]