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Peabody Energy and ArcelorMittal look certain to take over Queensland miner Macarthur Coal after an about-face by China's CITIC, which will realise $1.2 billion by selling its shareholding. Analyst..
Virgin Australia's proposed alliance with aviation powerhouse Singapore Airlines (SIA) has moved a step closer to fruition after regulators in Singapore gave the tie-up the green light.The Competition..
Paper merchant Paperlinx says many of its key markets continue to struggle as worldwide demand for the company's products declines.Paperlinx chairman Harry Boon said general market confidence remained..
The possibility of an interest rate cut is off the table as inflation is not expected to ease significantly in the September quarter, economists say.The Australian Bureau of Statistics releases the Se..
Shares in online job advertiser Seek gained more than seven per cent on reports the company was considering floating its Chinese website. Seek shares were up 39 cents, or 7.14 per cent, at $5.85 at..
Engineering firm Monadelphous Group has signed new contracts with resources firms including Rio Tinto and Xstrata worth around $230 million.Monadelphous said the contracts related to six separate proj..
Cigarette maker Philip Morris International Inc says its third-quarter net income grew nearly 31 per cent as it sold more cigarettes, particularly in Asia, and raised prices.The seller of Marlboro and..
A roundup of trading on major world markets: NEW YORK - US stocks ended a choppy session mixed Thursday amid scepticism that European leaders will forge a deal on resolving the eurozone debt crisis..
