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Leighton Holdings' Offshore division has been awarded a $US518 million ($A509.7 million) contract by Iraq's South Oil Company (SOC).The project involves the development of two offshore platforms, a 75..
Virgin Australia and Singapore Airlines' (SIA) proposed alliance cleared the first hurdle on Thursday, after the competition regulator gave the tie-up the green light.The move brings Virgin a regulato..
Australia's biggest iron ore producer Rio Tinto has set a new quarterly record for sales of the steelmaking commodity. It also achieved a quarterly record for hard coking coal production, also used..
Qantas says it will ground five of its aircraft and cut up to 100 domestic flights a week because of the impact of ongoing industrial action."Regrettably, the industrial action from the licensed aircr..
Victoria drove Australian housing construction last financial year on strong population growth but the industry has warned that building in the state is likely to slow. Looking at Australia as a wh..
Australia's unemployment rate fell from a 10-month high to 5.2 per cent in September, official figures show.The August figure was an unrevised 5.3 per cent.Total employment rose 20,400 to 11.451 milli..
Bank of Queensland (BOQ) will fight hard for deposits and loan repayments this year after a flood-induced spike in bad debts wiped 14 per cent off its full year profit.The Brisbane-based lender said f..
A roundup of trading on major world markets: NEW YORK - US stocks posted solid gains Wednesday as investors took heart from signs of progress in Europe in dealing with the eurozone debt crisis. ..
Stocks to watch on the Australian stock exchange Thursday, Oct 13AAI - ALCOA INCORPORATED - untraded at $10.50Alcoa's quarterly profit has fallen short of expectation as worries about the global econo..
Slovakia has finally ratified the eurozone bailout fund, removing a major obstacle to the single currency area's battle against a raging debt crisis set to deal a heavy toll on Europe's banks.Slovakia..
