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<?xml-stylesheet type="text/xsl" media="screen" href="/~d/styles/rss2full.xsl"?><?xml-stylesheet type="text/css" media="screen" href="http://feeds.feedburner.com/~d/styles/itemcontent.css"?><rss xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:feedburner="http://rssnamespace.org/feedburner/ext/1.0" version="2.0"><channel><title>Daily Telegraph | Business Breaking News</title><link>http://www.news.com.au/dailytelegraph/business/breakingnews/</link><description>Latest Business Breaking News</description><pubDate>Wed, 22 May 2013 00:10:28 +1000</pubDate><lastBuildDate>Wed, 22 May 2013 00:10:28 +1000</lastBuildDate><language>en-au</language><copyright>Copyright 2013 News Limited. All rights reserved.</copyright><generator>dtele_business_breaking_news_340</generator><ttl>5</ttl><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="self" type="application/rss+xml" href="http://feeds.feedburner.com/dailytelegraphbreakingbusnewsndm" /><feedburner:info uri="dailytelegraphbreakingbusnewsndm" /><atom10:link xmlns:atom10="http://www.w3.org/2005/Atom" rel="hub" href="http://pubsubhubbub.appspot.com/" /><item><title>US stocks rise on strong Home Depot result</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/ApLSKsefnSQ/story-e6frfkur-1226647977749</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/us-stocks-rise-on-strong-home-depot-result/story-e6frfkur-1226647977749</guid><description>US stocks have opened higher on strong earnings results from The Home Depot.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/ApLSKsefnSQ" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 14:04:20 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/us-stocks-rise-on-strong-home-depot-result/story-e6frfkur-1226647977749?from=public_rss">AAP</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/us-stocks-rise-on-strong-home-depot-result/story-e6frfkur-1226647977749</feedburner:origLink></item><item><title>Richemont fashion chief quits</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/ozDci51KuoM/story-e6frfkur-1226647975560</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/richemont-fashion-chief-quits/story-e6frfkur-1226647975560</guid><description>A TOP executive at luxury Swiss goods giant Richemont has resigned amid rumours underperforming brands are to be sold off.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/ozDci51KuoM" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 13:54:14 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/richemont-fashion-chief-quits/story-e6frfkur-1226647975560?from=public_rss">AAP</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/richemont-fashion-chief-quits/story-e6frfkur-1226647975560</feedburner:origLink></item><item><title>British official inflation slows to 2.4%</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/jt7B30n0Bcw/story-e6frfkur-1226647907131</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/british-official-inflation-slows-to-24/story-e6frfkur-1226647907131</guid><description>BRITISH inflation hit a seven-month low on the back of lower transport costs and oil prices.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/jt7B30n0Bcw" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 10:18:21 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/british-official-inflation-slows-to-24/story-e6frfkur-1226647907131?from=public_rss">AAP</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/british-official-inflation-slows-to-24/story-e6frfkur-1226647907131</feedburner:origLink></item><item><title>European stock markets slip at open</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/0noegbk9u3M/story-e6frfkur-1226647272175</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/european-stocks-close-higher/story-e6frfkur-1226647272175</guid><description>EUROPEAN stocks have slipped at the opening of Tuesday's trade.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/0noegbk9u3M" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 07:57:18 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/european-stocks-close-higher/story-e6frfkur-1226647272175?from=public_rss">AAP</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/european-stocks-close-higher/story-e6frfkur-1226647272175</feedburner:origLink></item><item><title>Rentals still strong for Thorn Group</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/kpvWvfd5ZVQ/story-e6frfkur-1226647708690</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/rentals-still-strong-for-thorn-group/story-e6frfkur-1226647708690</guid><description>THORN Group's full year revenue has lifted eight per cent due to the strong performances of its rental businesses.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/kpvWvfd5ZVQ" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 07:44:16 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/rentals-still-strong-for-thorn-group/story-e6frfkur-1226647708690?from=public_rss">Kylie Williams</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/rentals-still-strong-for-thorn-group/story-e6frfkur-1226647708690</feedburner:origLink></item><item><title>Aust stocks close lower</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/Rd-xDDUwKnw/story-e6frfkur-1226647306158</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/australian-market-set-to-open-higher/story-e6frfkur-1226647306158</guid><description>THE Australian stock market closed lower due to falls by the four major banks and industrial stocks.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/Rd-xDDUwKnw" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 07:25:23 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/australian-market-set-to-open-higher/story-e6frfkur-1226647306158?from=public_rss">Kylie Williams</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/australian-market-set-to-open-higher/story-e6frfkur-1226647306158</feedburner:origLink></item><item><title>Transfield shares tumble to record low</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/DfhSklxkD9E/story-e6frfkur-1226647362142</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/transfield-services-cuts-113-jobs/story-e6frfkur-1226647362142</guid><description>MINING engineer Transfield Services has seen its shares dive by more than 20 per cent, amid suggestions the commodities boom has peaked.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/DfhSklxkD9E" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 06:52:16 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/transfield-services-cuts-113-jobs/story-e6frfkur-1226647362142?from=public_rss">By Stephen Johnson</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/transfield-services-cuts-113-jobs/story-e6frfkur-1226647362142</feedburner:origLink></item><item><title>Seven West appoints new CEO</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/3uNOLFi-_FM/story-e6frfkur-1226647436692</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/seven-west-appoints-new-ceo/story-e6frfkur-1226647436692</guid><description>SEVEN West Media has promoted the head of its television operations, Tim Worner, to chief executive of the company.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/3uNOLFi-_FM" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 06:01:26 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/seven-west-appoints-new-ceo/story-e6frfkur-1226647436692?from=public_rss">By Jordan Chong</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/seven-west-appoints-new-ceo/story-e6frfkur-1226647436692</feedburner:origLink></item><item><title>$A higher as traders await Fed testimony</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/P7liYWj8dAc/story-e6frfkur-1226647306459</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/a-higher-as-us-loses-ground/story-e6frfkur-1226647306459</guid><description>THE Australian dollar is still higher despite the market being in the mood to lock in profits.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/P7liYWj8dAc" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 03:07:20 GMT</pubDate><source url="http://www.news.com.au/business/breaking-news/a-higher-as-us-loses-ground/story-e6frfkur-1226647306459?from=public_rss">AAP</source><feedburner:origLink>http://www.news.com.au/business/breaking-news/a-higher-as-us-loses-ground/story-e6frfkur-1226647306459</feedburner:origLink></item><item><title>Apple uses firms outside US to avoid tax</title><link>http://feedproxy.google.com/~r/dailytelegraphbreakingbusnewsndm/~3/dEsXIYdTe2I/story-e6frfkur-1226647330913</link><guid isPermaLink="false">http://www.news.com.au/business/breaking-news/apple-uses-firms-outside-us-to-avoid-tax/story-e6frfkur-1226647330913</guid><description>A US Senate investigation has found the computer and tech giant Apple uses companies based outside the US to avoid paying billions in US taxes.&lt;img src="http://feeds.feedburner.com/~r/dailytelegraphbreakingbusnewsndm/~4/dEsXIYdTe2I" height="1" width="1"/&gt;</description><pubDate>Tue, 21 May 2013 03:01:48 GMT</pubDate><source 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