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Coles is looking to lock in a string of contracts directly with its fresh food suppliers after its $2 billion deal to buy milk straight from the dairy co-operative Murray Goulburn. The supermarket ..
Cattle producer Australian Agricultural Company (AACo) will sell two of its properties in southern and central Queensland as the group focuses on assets further to the north in Australia. AACo said..
BHP Billiton's incoming boss Andrew Mackenzie has not started his new job yet, but has already made sweeping changes that remove rivals. The new management structure eliminates several highly paid ..
The Australian share market has closed lower, led by sharp losses among the big miners. Market heavyweights BHP Billiton and Rio Tinto both slumped more than four per cent on the back of weaker pri..
Wesfarmers' supermarket chain Coles has lifted its quarterly sales by 6.4 per cent despite it having slashed prices for shoppers. The supermarket giant's third quarter sales lifted to $8.35 billion..
Woodside Petroleum is confident of meeting its full year targets as it posts a sharp jump in quarterly production and starts exploration work in Burma. The company's flagship Pluto project drove a ..
Iluka Resources is eager for Chinese apartment dwellers to use tiles in their homes, as the company flags further cuts to production.Iluka is the world's largest producer of zircon, which is used in c..
Telstra has won a $1.1 billion contract with the Department of Defence that will lead to 350 new jobs being created at Australia's largest telco.Under the six-and-a-half-year contract, Telstra will he..
US stocks have closed sharply lower in the wake of disappointing earnings reports and a 5.5 per cent plunge in Apple shares, along with dreary economic sentiment in Europe. The Dow Jones Industrial..
BHP Billiton's new boss Andrew Mackenzie has shaken up the global miner's management team.Among the raft of changes, the head of BHP's petroleum division Mike Yeager will leave the company in July and..
