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Australian shares closed firmly higher on positive offshore leads and short-covering ahead of the weekend. An afternoon rally led to the firmer finish and prompted analysts to wonder whether the wo..
Westpac chief executive Gail Kelly took home $8.68 million in remuneration in fiscal 2011. Westpac's annual report, released on Friday, shows Mrs Kelly was paid $3.1 million in cash for the year to..
ANZ Banking Group chief executive Mike Smith was paid just over $5 million in fiscal 2011, down nine per cent on the previous year. The total value of Mr Smith's remuneration for the year to Septem..
Transfield Services has won $132 million worth of new work in the resources industry. Transfield on Friday announced five new contracts, the largest being a five-year deal with coal seam gas (CSG) ..
Metcash says it is in the final process of selling its newly-acquired Franklins stores to IGA retailers. The grocery wholesaler bought 80 Franklins supermarkets earlier this year in a deal worth $2..
Private hospital operator Ramsay Health Care has secured $2 billion in new debt and confirmed its guidance of between 10 and 12 per cent annual profit growth. The multi-currency debt facility invol..
Shares in Extract Resources fell by almost 3.5 per cent before closing flat after its main shareholder, Kalahari Minerals, said it was still in takeover discussions with a Chinese state-owned uranium ..
A roundup of trading on major world markets: NEW YORK - US stocks rebounded Thursday amid signs that Italy and Greece were moving to form new governments that would address their deep debt problems..
Chancellor Angela Merkel says Germany aims to preserve the eurozone as it is, dismissing reports that Berlin is laying the groundwork for a currency union shed of its troublemakers. "We have a sing..
