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The Australian market closed lower on Friday after a seven-day run of gains that had pushed share prices to five-year highs. Investors booked profits in anticipation of shares falling next week if,..
Former CSL boss Brian McNamee left the top position at blood products and vaccines supplier at the end of June with pay and entitlements worth almost $20 million. Dr McNamee spent 23 years as chief..
Etihad Airways has increased its stake in Virgin Australia, surpassing Richard Branson's Virgin Group as the airline's third largest shareholder. Abu Dhabi-based Etihad paid $11.8 million for 27.4 ..
ANZ's interest rates will be left unchanged for the next month. The bank decided to leave its standard variable mortgage rate at 5.88 per cent at latest rate review meeting, after the Reserve Bank ..
Aquila Resources has rebounded into profit as it offloads assets and plans to bring its Eagle Downs project into production by 2017. Aquila said 2012-13 profit was $317 million following a loss of ..
Energy giant AGL has increased its stake in rival Australian Power and Gas Company (APG) to more than 75 per cent and hopes to fast-track the remainder of its takeover process. AGL on Friday said i..
Australian shares have fallen from their five year highs as investors are unwilling to push prices higher. The local market is following negative leads from markets in the US and Europe, ahead of a..
The world's largest drilling company Boart Longyear has had its credit rating downgraded as it braces for a tough year ahead. Ratings agency Standard and Poor's cut the company's credit rating from..
A US court has approved the bankruptcy plan of American Airlines's parent company AMR, a key part of a proposed American-US Airways merger deal facing a government antitrust challenge. US Bankruptc..
US stocks have fallen, with uninspired trade putting a halt to the S&P 500's streak of seven straight gains. At the close on Thursday, the Dow Jones Industrial Average was down 25.96 points (0...
