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Leighton chairman Robert Humphris was clearly uncomfortable in announcing respected chief executive Hamish Tyrwhitt had been forced out of his job. "I find it gut-wrenching. I've been in tears toda..
Mining stocks have pushed the sharemarket higher, after heavy falls in iron ore prices came to an end. Encouraging news on the local jobs market, with jobs growing by more than 47,000 in February, ..
Pilbara miner Atlas Iron says the iron ore price would need to fall significantly before it affects the company's profitability. Chairman David Flanagan said recent analyst notes on Atlas showing b..
Origin Energy has suspended drilling at 12 rig sites in south east Queensland as it investigates an asbestos contamination incident. Origin says the suspension of drilling at its Australian Pacific..
The managing director of discount retailer The Reject Shop has resigned after more than four years in the role. Chris Bryce will leave the company at the end of June, and said on Thursday it was ti..
The board of construction and contract mining group Leighton has supported an improved offer from its majority shareholder Hochtief for a greater stake in the company. Leighton has also axed chief ..
US stocks finished mixed as cautious investors kept an eye on the Ukraine crisis and awaited more information on the direction of the economy. The Dow Jones Industrial Average lost 11.17 points (0...
Weakness amongst the major banks has pulled the sharemarket lower, despite some mining stocks bouncing back from recent losses. Invast Securities chief market analyst Peter Esho said resources stoc..
Australia's largest gas project Gorgon is almost 80 per cent complete, with two thirds of the gas already committed to buyers. In an investor update Chevron, the lead operator of the joint venture ..
The unemployment rate stayed at a decade high of six per cent in February, but there are plenty of signs of improvement in the jobs market. The number of people with jobs rose by 47,300 in the mont..
