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Casino operator Echo Entertainment has raised $266 million in the first stage of a new share sale launched to reduce its debt and support its VIP gambler business. The company says it expects to ra..
The Australian sharemarket has gained almost two per cent as relieved investors bought mining stocks after the election result in Greece. The local market was one of the first to open after Greece'..
Another Australian brewing company is to be bought out by foreign interests, with Lion to acquire the maker of Little Creatures. The Japanese-controlled Lion, formerly Lion Nathan, owns 36 per cent..
Developer Lend Lease has reached an agreement for the sale of its interest in a major project in London for STG100 million ($A156.45 million). Lend Lease will sell its stake in the Greenwich Penins..
Sales of new motor vehicles in Australia rose 2.4 per cent in May, official data shows. In May, 91,994 new vehicles were sold, seasonally adjusted, compared to an upwardly revised 89,812 in April, ..
Shares in rare earths miner Lynas have soared after an appeal against the operating licence for its controversial new plant in Malaysia was dismissed. The Lynas Advanced Materials Plant (LAMP) in G..
The Australian dollar has hit a one-month high after Greek elections gave the market some hope the debt-stricken nation will stay in the euro zone. At 1200 AEST on Monday, the Australian dollar was..
The outcome of the elections in Greece shows that Greeks are in favour of the deep economic and fiscal reforms required to pull the country out of crisis, German Finance Minister Wolfgang Schaeuble sa..
Stocks to watch on the Australian stock exchange early today: APN - APN NEWS & MEDIA LTD - down 0.5 cents at 74 cents Independent News & Media (INM), the Irish parent of Australasia's AP..
