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The Australian share market has closed lower as investors become increasingly concerned that the budget impasse in the United States may lead to the US defaulting on its debts. CMC Markets chief ma..
Agribusiness Elders says a discrepancy in the valuation of cattle in its live export division amounts to a cost of about $18 million. Elders said the negative impact of the discrepancy on the compa..
Toro Energy has received approval to finalise the purchase of the Lake Maitland uranium project in Western Australia from Canada's Mega Uranium. The Foreign Investment Review Board (FIRB) says the ..
German automaker Volkswagen says it will boost production at a plant in southern Brazil, bringing to $4.1 billion its total investment in the country over the 2012-2016 period. After talks with Pre..
Fairfax Media boss Greg Hywood's pay dropped by $375,000 last financial year because he missed out on bonuses as the company posted a $16.4 million full year loss. Mr Hywood's total pay, which incl..
Mining magnate Clive Palmer's political party looks set to hold the balance of power when the new Senate takes shape next July. The coalition will have 33 senators but needs six more votes to pass ..
More than $957 million has been wiped off the market value of construction giant Leighton as investors worry about the impact of corruption allegations.Analysts are warning the company faces a potenti..
Twitter has revealed its highly anticipated stock offering, with the hugely popular messaging platform stating that it seeks to raise $1 billion. The California firm said it had 218 million active ..
US stocks have suffered hefty losses as the partial government shutdown dragged through a third day and worries climbed that the budget battle could escalate into a debt default. The Dow Jones Indu..
