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The Australian share market closed firmly in the red on low trading volumes as concern about the eurozone debt crisis continued to weigh on investors. The benchmark S&P/ASX200 index was down 81..
Optus has made a last-ditch bid to prevent Telstra from reaching an agreement with regulators over its participation in the national broadband network (NBN). The Australian Competition and Consumer..
Telstra Corporation says it is on track for full year revenue and earnings growth as the strong performance of its core business offsets difficulties at its directories business Sensis. Australia's..
Santos says it is holding on to its Barossa and Caldita gas fields in the Timor Sea, ruling out a sale of the assets to fund its liquefied natural gas (LNG) projects in Queensland and Papua New Guinea..
Outdoor clothing chain Kathmandu Holdings says sales jumped 16 per cent in the first quarter of its fiscal 2012, in line with expectations. The New Zealand-based company said sales grew to $NZ56 mi..
Explosives and mining services supplier Orica says the closure of its Kooragang Island facility in Newcastle is costing $4 million in earnings each week. The Kooragang Island ammonia plant has been..
Pallet supplier Brambles has signed a $US135 million ($A134.11 million) service agreement with PepsiCo. The three-year agreement would generate $US45 million ($A44.70 million) in sales revenue per ..
The fight for Canadian junior uranium explorer Hathor Exploration continues with Rio Tinto increasing its offer to $C654 million ($A636 million). Rio has increased its offer to $C4.70 ($A4.57) for ..
A roundup of trading on major world markets: NEW YORK - US stocks took a sharp plunge Thursday as fears over the contagion in the eurozone crisis trumped some mildly positive data on the US economy..
The Australian dollar is lower on Friday morning, falling below parity with the US dollar for the first time since October 12. The local unit followed European and US equities, which fell as borrow..
