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Australian shares closed up more than two per cent after a truncated trading day caused by technical problems. There was renewed optimism on the share market as European leaders agreed on a crucial..
Europe has sealed a last-ditch deal to fix its festering debt crisis, shoring up its bailout fund, pledging new funds for Greece and pushing banks to share the pain at a summit vital to the health of ..
Gambling firm Tatts Group says it has had a good start to the financial year, with higher sales in lotteries.But sales growth is expected to slow as a result of smaller jackpots."The good start to the..
James Packer, the chairman of casinos owner Crown, has blasted the federal government's proposed gambling reforms, saying they will result in the loss of jobs and investment in the gaming sector and h..
National Australia Bank (NAB) posted a record annual cash profit of $5.5 billion and warned its funding costs will rise until 2014. Strong growth in deposits and home lending helped Australia's fou..
Oil refiner Caltex says up to 30 positions will be lost when it closes two plants at its Kurnell refinery in Sydney's south.Caltex said on Thursday it plans to close its propane de-asphalting unit (PD..
Leighton Holdings has confirmed previous full year guidance for net profit of $600 million to $650 million, after the company conducted a forecasting review. The guidance does not include the estim..
AMP reported net cash outflows were $335 million at AMP Financial Services for the quarter to September after the wealth manager lost a major client. AMP said there was a net outflow of $192 millio..
