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The Australian sharemarket has closed higher as local investors took heart from better-than-expected economic data out of the United States and a rosier outlook in the troubled eurozone. At 1615 AE..
Virgin Australia carried more domestic passengers than its rival Qantas over the 12 months to the end of May - a first for the industry's traditional number two. Virgin carried 1.42 million domesti..
Australian bond future prices have fallen on the back of stronger than expected retail spending figures. At 1630 AEST on Wednesday, the September 10-year bond futures contract was trading at 96.895..
Queensland-based Linc Energy has cut 60 jobs as it aims to achieve a cash profit of $15 million in the 2012/13 financial year. Based in Brisbane, Linc owns traditional oil and gas assets in Austral..
A massive $23 billion gas project in Queensland is to be expanded, creating an extra 2,000 jobs in rural areas. The owners of the Australia Pacific liquefied natural gas (APLNG) project on Wednesda..
James Packer's Crown Ltd has ramped up its move on fellow casinos operator Echo Entertainment by seeking regulatory approval to raise its stake to 25 per cent. Crown included the 25 per cent limit ..
Whitehaven Coal has acquired more than 90 per cent of Coalworks under a $145.6 million takeover offer. Whitehaven took control of Coalworks in June after the Coalworks board approved a takeover by ..
The trend in retail trade appears to have picked up. The reasons for that pickup are not immediately obvious, but it fits a recent pattern of more positive economic data and suggests more limited s..
Stocks to watch on the Australian stock exchange on Wednesday, July 4 BHP - BHP BILLITON LTD - up eight cents at $31.80 BHP Mitsubishi Alliance and unions are back at the negotiating table in an..
US stocks have racked up solid gains in a holiday-shortened trading session, boosted by reports of strong June sales from the leading US auto makers. Trade closed at 1700 GMT (0300 AEST), after onl..
