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Australian shares have edged higher as gains by mining and chemical companies offset more falls by the major banks. Options XPress market analyst Ben Le Brun said banking stocks had again failed to..
Business confidence has fallen from a three and a half year high as weak trading conditions offset a short lived boost from the election of a new federal government. National Australia Bank's month..
Earthmoving company WesTrac is cutting 630 jobs as the mining investment downturn hits machinery sales.The cuts will be implemented in the next month as part of a restructure of the business, which is..
Another former Telstra manager has been appointed to the National Broadband Network Company board.Justin Milne, who quit as Telstra's managing director of media and broadband in 2010, is the second pe..
Higher commodity prices are helping resource stocks offset dips in banking shares. Diversified miner BHP Billiton appears to be the main beneficiary, Lonsec senior client adviser Michael Heffernan ..
Incitec Pivot expects its explosives business to drive earnings while it waits for India to buy more fertiliser.Incitec Pivot on Tuesday reported a $139 million fall in its full year profit, after gra..
Rupert Murdoch's News Corporation insists it can make money out of its newspapers online despite steep falls in advertising revenue weighing on the business.The new News Corp's first quarterly financi..
The Australian market looks set to open higher following gains on international markets as dealers digest positive data from the US and China amid quiet trade on a public holiday. At 0645 AEDT on T..
US stocks have ended modestly higher as investors appeared to take a breather in a semi-holiday session after Friday's strong rally on the back of encouraging jobs data.The Dow Jones Industrial Averag..
