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Australian shares closed firmer after encouraging comments by US politicians about avoiding the "fiscal cliff". The benchmark S&P/ASX200 index was up 30.4 points, or 0.68 per cent, at 4,477.7 p..
Public health campaigns on the dangers of excessive drinking were more effective than governments imposing a minimum floor price on alcohol, the chief executive of wine maker and bottler Treasury Wine..
British oil giant BP has been banned temporarily from winning new US government contracts after agreeing to plead guilty to criminal charges in the deadly 2010 Gulf of Mexico oil spill disaster. Th..
Linc Energy has been spared a boardroom spill but admitted it needs to "sharpen its act", after the mandatory two strikes rule against its executive remuneration. Chief executive Peter Bond said th..
Australia's housing sector posted a mild rise in October, with new home sales lifting after three months of falls. The Housing Industry Association (HIA) new home sales report showed a 3.4 per cent..
Australia's mining boom should maintain its strength throughout this fiscal year, economists say. Official data released on Thursday showed that new private capital expenditure rose 2.8 per cent in..
Rio Tinto has flagged job losses at its coal and aluminium operations, after announcing a company-wide review to reduce costs by more than $US5 billion. The mining giant aims to reduce its operatin..
Stocks to watch on the Australian stock exchange on Thursday November 29 ALL ARISTOCRAT LEISURE LTD - up 19 cents at $3.05 Poker machine maker Aristocrat Leisure expects the release of new produ..
US stocks scored solid gains on Wednesday, spurred by encouraging remarks by politicians on averting looming tax hikes and spending cuts that could harm the economy. The Dow Jones Industrial Averag..
