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The Australian sharemarket has lifted after US politicians voted to raise the debt ceiling of the world's biggest economy and reopen the government. But the gains were muted as the market had mostl..
QBE Insurance's outgoing finance chief will stay on for another 12 months after his successor decided to retire. Chief financial officer Neil Drabsch was to retire in February 2014, and be replaced..
Fortescue Metals says it's massive expansion project is all but complete, and the iron ore miner is ready to start paying off its $12 billion debt.The massive debt pile has peaked and the news would a..
The Australian share market has opened nearly half a per cent higher. At 1013 AEDT on Thursday, the benchmark S&P/ASX200 index was up 24.5 points, or 0.46 per cent, at 5,287.4, while the broade..
Embattled Newcrest Mining has given its investors some much-needed good news by beating its own expectations on quarterly gold production and costs.However the positive numbers were offset by the news..
Ten Network is using the clout of its mega-wealthy shareholders to help fund a ratings turnaround, after posting a full year loss of $285 million.Lachlan Murdoch, James Packer and WIN TV owner Bruce G..
Ten Network is using the clout of its mega-wealthy shareholders to help fund a ratings turnaround, after posting a full year loss of $285 million.Lachlan Murdoch, James Packer and WIN TV owner Bruce G..
Australian building products maker Boral is partnering with a US firm to create a $US1.6 billion ($A1.68 billion) plasterboard and ceilings joint venture.Boral has signed a deal with USG, the largest ..
An 11th-hour deal to end the US government shutdown and raise the debt ceiling has sparked a strong rally on Wall Street, with gains of nearly 1.4 percent. The Dow Jones Industrial Average on Wedne..
