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The share market has closed slightly lower on a day marked by a sharp fall in GrainCorp shares after the federal government blocked a foreign takeover. US markets were closed for the Thanksgiving h..
Federal Treasurer Joe Hockey's decision to block a proposed $3.4 billion foreign takeover of GrainCorp was likely based more on politics than economics or security concerns, a prominent economist says..
It's good new for the economy but bad news for borrowers. There's not going to be an interest rate cut next week and the chances of a reduction next year are slim as the non-mining parts of the eco..
Canadian dairy giant Saputo's takeover of Warrnambool Cheese and Butter is moving ahead, with the overseas company now owning more than 9.6 per cent of its target. Saputo is offering $9 for each Wa..
Grain silos, cheese and a flying kangaroo stir the emotions - at least when it comes to foreign ownership. The partial sale of home-grown biscuit brand Arnotts in 1992 was emotional enough. Back..
The share market is weaker, led by a big fall in GrainCorp shares after the federal government blocked a foreign takeover of the company. With Wall Street closed for the Thanksgiving holiday overni..
Chris Corrigan, a key figure in the 1998 waterfront dispute, has resigned from the board of James Packer's Crown Resorts. Mr Corrigan has been a member of the casino operator's board since 2007. ..
Shares in grains handler and marketer GrainCorp have fallen more than 25 per cent after Treasurer Joe Hockey blocked American food giant Archer Daniels Midland's $3.4 billion takeover bid. GrainCor..
Treasurer Joe Hockey's blocking of a $3.4 billion foreign takeover of grains handler and marketer GrainCorp will have implications for the whole agricultural industry, the company says.Mr Hockey's dec..
Mining giant Rio Tinto will close its Gove alumina refinery in the Northern Territory, bringing the axe down on up to 1500 jobs and an entire mining town.After years of losing money producing alumina ..
