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Australian shares are weaker as cautious investors wait for direction from the US Federal Reserve on its stimulus program for the world's biggest economy. IG market analyst Evan Lucas said lower ir..
Warrnambool Cheese and Butter says the timing of a takeover bid by Bega Cheese is opportunistic, and advised its shareholders to take no action for now. The Warrnambool board is still reviewing Beg..
The first addition to the Boeing 787 family has completed its maiden test flight in the US, taking off from Paine Field, near the factory where the plane was assembled, and landing in Seattle about fi..
Africa focused Perseus Mining has cut staff and slashed directors' pay as it scales back expectations for its Edikan mine in Ghana.Shares in the Perth based gold miner fell by 3.5 per cent, despite Pe..
Shares in Viralytics have jumped by 10 per cent after a significant number of patients responded well to a cancer therapy the company is developing.The company's shares gained 3.5 cents to 38 cents.Vi..
WorleyParsons has won a contract to build an oil sands project in Canada.The company said it would receive $Can387 million ($A402 million) in revenue for the engineering, procurement, fabrication and ..
US-focused oil and gas producer Sundance Energy has shut production at its Colorado operation due to massive flooding.Sundance Energy said the one-in-1000 year event forced the closure of 90 per cent ..
Australia's economic growth is still tracking below trend, but momentum is expected to pick up soon.The Westpac/Melbourne Institute Leading Index, which indicates the likely pace of economic activity ..
Microsoft has announced a new $US40 billion ($A43 billion) share buyback as part of an effort to return more cash to stockholders.The tech giant, which has seen its stock stagnate in recent years, als..
US stocks Tuesday closed higher amid greater investor confidence that the US economy could withstand an expected reduction of Federal Reserve bond purchases. The Dow Jones Industrial Average put on..
