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The Australian share market has closed slightly higher following a firm finish by United States markets on Friday. On Monday, the benchmark S&P/ASX200 index was up 6.3 points, or 0.13 per cent,..
Troubled manufacturer Hills Holdings is selling its healthcare equipment business. Hills is selling the Perth-based business for an undisclosed amount to K Care Pty Ltd, which is owned by a managem..
Nine Entertainment creditors have approved a $3.4 billion recapitalisation plan aimed at stopping the media company going into administration. A source said lenders voted overwhelmingly in favour o..
Engineering firm WorleyParsons has won a three-year contract to provide support services at the new Basrah Gas Company (BGC) in Iraq. BGC, a joint venture between Shell, Mitsubishi and the state-ru..
National Australia Bank may be able to finally offload its troubled British banking division amid speculation that Spanish giant Santander is considering making a STG2 billion ($A3.04 billion) offer. ..
The Australian market has opened flat as investors gave a lukewarm response to US Congressional Republicans agreeing to temporarily raise the debt ceiling. At 1015 AEDT on Monday, the benchmark S&a..
The Australian market is expected to get off to a slightly positive start on Monday with inflation figures the focus of a fairly quiet week. CommSec economist Craig James said on Sunday he expected..
Hundreds of jobs are under threat at global insurer QBE as it prepares to finalise a massive cost cutting plan. The insurance giant is reportedly considering axing 700 jobs from its Australian work..
