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The share market has closed slightly higher but gave away most of its earlier gains as investors took profits late in the session. The market stumbled in the afternoon on the back of weakness in th..
Telstra is cutting 800 jobs from its directories business Sensis with a union fearing most will go offshore and more could follow. Sensis said the restructure is designed to support its digital tra..
Fortescue Metals has more than tripled its half year profit to a record $US1.71 billion ($A1.9 billion) and maintained its production targets. The world's fourth biggest iron ore miner's profit in ..
Australian wages growth has been the weakest in at least 17 years as the mining boom slows down and unemployment climbs. Total hourly rates of pay, excluding bonuses, rose by a seasonally adjusted ..
Engineering firm Leighton Holdings has won a third contract to work on the construction of Hong Kong's Central-Wan Chai Bypass tunnel. Under the deal worth $453 million, Leighton Asia, India and Of..
Transport and logistics firm Toll Group is not expecting a short term improvement in the economy, so says winning new business, improving productivity and cutting costs will be its focus. Managing ..
US home builders' confidence in the housing market has declined sharply as the severe weather battering much of America keeps many would-be buyers at home. Storms and cold weather dampened builders..
Wesfarmers boss Richard Goyder says there is more it can do to improve the performance of Coles, even after another strong earnings result from the supermarkets business. Coles lifted its pre-tax e..
Insurance and banking firm Suncorp Group has increased its dividend to shareholders despite a slide in its half year profit. The owner of the AAMI and GIO insurance brands received more insurance c..
Woodside Petroleum chief executive Peter Coleman has promised a better 2014 after weaker prices and low oil sales led to a 41.4 per cent slump in profit. Woodside's shares fell on Wednesday after t..
US stocks have closed mostly higher as investors weighed mixed company news and an unexpected slump in home builder confidence. The Dow Jones Industrial Average shed 23.99 points (0.15 per cent) at..
