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The Australian share market made strong gains on Wednesday as investors piled back into resources and banking stocks. The local market opened strongly on the back of strong US economic data which b..
An alliance of telecommunications companies has demanded the federal government and competition watchdog review Telstra's sector dominance to boost competition in the phone and internet market. The..
Rupert Murdoch's News Limited will be no more from next week - in name anyway. The newspaper business will be re-named News Corp Australia on July 1 as Mr Murdoch's global media empire News Corp sp..
Investors in Tokyo have welcomed news that shareholders in US mobile carrier Sprint had approved a $US21.6 billion ($A23.46 billion) takeover by SoftBank, paving the way for the biggest-ever overseas ..
The world's largest gold mining company Barrick has slashed 65 jobs in Western Australia due to increasing costs and a weaker gold price. Barrick said 32 positions at its Perth office had been made..
Paladin Energy shares fell by nearly seven per cent after it delayed until August a deal to sell a stake in an African uranium mine. A deal with two nuclear parties for a minority equity position i..
Aquila Resources has delayed construction of its Eagle Downs coal project in Queensland due to weak coal prices.The minerals explorer on Wednesday said its joint venture project in the Bowen Basin wou..
Telstra has bought a $US18.3 million ($A19.87 million) stake in US mobile app company Kony Solutions. The strategic investment, by the Telstra Ventures investment arm, will also allow Telstra to of..
Consumer confidence in the United States surged to a five-year high in June, besting analyst expectations by a wide margin, the Conference Board says. Consumer confidence stood at 81.4 in June, up ..
US stocks have closed higher, helped by data showing more strength and confidence in the US economy and as worries eased over a credit crunch in China. The Dow Jones Industrial Average gained 100.7..
