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Australia's youngest billionaire, Nathan Tinkler, became substantially richer after shareholders approved a friendly takeover of his Aston Resources by Whitehaven Coal in a two-part deal to create a $..
The Australian share market has closed lower as investors fear that Spain may follow debt-laden Greece down the slippery slope. Markets around the world have been falling on the back of fears that ..
Linc Energy is pushing into China to capitalise on the Asian superpower's insatiable appetite for liquid fuels and gas. Linc shares rose by more than 30 per cent after the Brisbane-based company an..
Ivanhoe Australia's Merlin project is poised to be the nation's first rhenium mine but will cost more to develop than previously estimated. The copper and gold producer also on Monday said it would..
Property developer Cedar Woods says it's on track to post a record full year profit and that its outlook remains positive. Managing director Paul Sadleir on Monday reiterated the company's net prof..
Dexus Property Group has sold the bulk of its industrial properties in the United States for $US770 million ($A746.16 million). Dexus, Australia's second-largest industrial property owner, will use..
Primus Telecom has been bought by business telco M2 Telecommunications for $192.4 million in cash. M2 chief executive Geoff Horth said the acquisition would ensure the company is prepared for oppor..
Westpac will open its first branch in India after receiving a banking licence from the Reserve Bank of India. The bank's first branch in India will open in Mumbai, Westpac institutional bank execut..
Steel producer and iron ore miner OneSteel says it is not looking to "grow" its steel business but believes the business will be an important generator of cash. OneSteel announced earlier in April ..
US stocks have closed out a miserable week with steep losses as worries about growth in the United States, China and Europe eclipsed a solid start to the corporate earnings season. All three main s..
