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Aussie stocks close higher

The Australian share rose slightly as investors shrugged off significant falls on overseas markets and focused on domestic corporate news. The benchmark S&P/ASX200 index closed up 10.8 points, ..

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Spotless says offer too low

Industrial services company Spotless Group says a $698 million takeover offer from a private equity firm undervalues the company.Spotless received an indicative, non-binding and conditional proposal t..

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US, European stocks sink

A roundup of trading on major world markets: NEW YORK - US stocks closed sharply lower Wednesday as turmoil on the eurozone bond markets indicated little confidence in Europe's efforts to manage it..

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Rio Tinto to axe 515 UK jobs

Global miner Rio Tinto plans to shut an aluminium smelter in northeast England because of rising energy costs, resulting in the loss of 515 jobs. The Anglo-Australian company said that its Rio Tint..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, November 17 AGO - ATLAS IRON LTD - down seven cents, or 2.2 per cent, at $3.10 GDA - GONDWANA RESOURCES LTD - up 0.1 of a cent, or 2..

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