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Fairfax Media shares have fallen to new closing low after its largest shareholder Gina Rinehart threatened to sell out of the beleaguered newspaper publisher. Fairfax closed down two cents, or 3.5 ..
The Australian share market has closed lower as investors fear that the European debt crisis may worsen unless European leaders take decisive action at a summit later this week. At 1615 AEST on Tue..
One of Australia's chief central bankers says talk of a falling housing prices doesn't keep him awake at night. Reserve Bank assistant governor (financial markets) Guy Debelle told a mortgage and f..
A leading figure from Australia's resources sector has taken the reins at a major media company - and it is not Gina Rinehart. Don Voelte, the former chief executive of Woodside Petroleum, was on T..
Queensland-focused minerals explorer Ivanhoe Australia will cut 50 jobs as its new owner Rio Tinto seeks to cut costs in the company. Rio Tinto appointed four new members to the board of Ivanhoe Au..
The number of online orders to Australian businesses increased by almost a third during the 2010-2011 financial year, speaking volumes on the growing importance of internet sales. The Australian Bu..
Gina Rinehart, Lachlan Murdoch and James Packer have increased their number of Ten Network shares by investing millions of dollars in the media company's recent fund raising venture. Ten raised $20..
Moody's has hit 28 Spanish banks with new credit downgrades, as Madrid formally requests a rescue loan of up to 100 billion euros ($A125.64 billion) for the banking sector from its eurozone partners. ..
Stocks to watch on the Australian stock exchange today ALS - ALESCO CORPORATION LTD - down one cent at $1.98 DLX - DULUXGROUP LTD - up two cents at $2.98 Paint maker DuluxGroup says Alesco's ..
US stocks have tumbled as Europe's leaders appeared still divided on how they will address their crisis in the coming crunch summit for the eurozone. Research in Motion's 7.6 per cent drop on a dow..
