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Woolworths says double-digit growth remains an ambition despite a fall in profit, as it invests heavily in new outlets and markets to tide it over challenging retail conditions. The retailing giant..
The Australian share market closed lower on Thursday as cautious investors searched for an elusive lead. At the 1615 AEDT close, the S&P/ASX200 index was 42.9 points, or 1.0 per cent, lower at ..
Most mortgage borrowers stand ready to switch lenders if banks and other lenders increase interest rates independently of the central bank again. That's the verdict of 77 per cent of 1,504 Australi..
Cashed-up corporate shell Murchison Metals has reshuffled its board in the wake of the one-time iron ore miner's sale of assets to Japan's Mitsubishi. Murchison shares were up one cent, or 2.11 per..
Capital expenditure fell in the last three months of 2011, but it is expected to make a comeback in 2012 as the mining boom continues. New private capital expenditure (capex) fell 0.3 per cent in r..
Economists expect the reserve bank will keep the cash rate steady at its next meeting, citing comments suggesting its benign view of domestic and global conditions. The Reserve Bank of Australia (R..
James Murdoch, the younger son of media tycoon Rupert Murdoch, has resigned from his role as executive chairman of News International, News Corporation's scandal-plagued British newspaper unit. Mr ..
Stocks to watch on the Australian stock exchange early on Thursday: BBG - BILLABONG INTERNATIONAL LTD - up 10 cents at $3.08 Billabong International says it has appointed Sally Pitkin to the boa..
An anti-corruption unit of the Iraqi Oil Ministry is reportedly investigating whether a Leighton Holdings subsidiary paid bribes for information relating to an oil project in Iraq. The allegations ..
Federal Reserve chairman Ben Bernanke's forecast of continued sluggish growth in the US economy for 2012 sent US stocks lower on Wednesday. At the closing bell the Dow Jones Industrial Average was ..
