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Australian shares have risen for a fourth consecutive day, posting strong gains after co-ordinated action from global central banks to lower borrowing costs sent global equity markets soaring. At t..
Industrial services company Spotless Group has received an increased takeover bid from private equity group Pacific Equity Partners (PEP). The revised bid includes an indicative price of $2.68 per ..
Boart Longyear's shares rose sharply after it confirmed its profit guidance and said it was surprised at how well it had absorbed the current economic turmoil.The drilling services and products provid..
Virgin Australia has gained approval from the competition regulator for its alliance with aviation powerhouse Singapore Airlines. The green light completes Virgin Australia chief executive John Bor..
Away from the booming mining regions, Australia's economy is still struggling, new figures show. Building approvals dropped 10.7 per cent in October while retail sales grew by just 0.2 per cent, ac..
Foster's shareholders have overwhelmingly approved the $10.48 billion takeover by Anglo-South African brewer SABMiller. At a meeting in Melbourne on Thursday, 99.1 per cent of shareholder votes cas..
Origin Energy has allocated $800 million of subordinated notes, the proceeds of which will be used to fund the company's share of the Australia Pacific LNG project, and other general purposes. The ..
Stocks to watch on the Australian stock exchange on Thursday: AQA - AQUILA RESOURCES LTD - up 22 cents at $6.48 Coal miner Aquila Resources has received conditional approval from the federal gov..
Central banks have moved suddenly to provide banks with funds and prop up the global financial system in a dramatic effort to turn back the runaway eurozone crisis. The central banks of the eurozon..
