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The Australian share market fell heavily in afternoon trade after starting the day flat. Business news was marked by the dramatic descent of national airline Qantas, which flagged a big financial l..
Conservationists and fishing industry representatives have expressed confidence they are close to agreement on cutbacks in the lucrative tuna fishing industry in the Pacific. Amid fears about the d..
Nine Entertainment Co's shares are tipped to make a successful stock market debut but analysts say there are longer term doubts about the company's earnings. The company, which owns the Nine Networ..
Any federal government support given to Qantas should also be offered to Virgin Australia, Virgin's chief executive John Borghetti says. In an open letter to the federal government, Mr Borghetti on..
Qantas boss Alan Joyce insists he has the backing of the board, despite the airline's expected record first half loss.While politicians have called for Mr Joyce's head after five tumultuous years at t..
The Australian sharemarket has opened slightly lower with overnight falls in overseas markets offset by strong commodity prices. Strong US economic data on employment numbers and new home sales wei..
Blood products and vaccines developer CSL has granted United States firm Janssen Biotech a licence to develop and commercialise CSL's treatment for acute myeloid leukaemia (AML). Under the deal, CS..
A Federal Reserve survey shows the US economy continues to grow steadily, with gains in all regions and most industries. The Fed's regular Beige Book report, which will feed into its policy meeting..
The European Union has imposed a record 1.7 billion euros ($A2.5 billion) in fines on six institutions for rigging key interest rates that affect vast sums of money around the world. The sanction c..
The federal government has talked down the prospects of coming to the direct aid of Qantas, after the airline announced the axing of 1000 jobs and flagged further cost cuts.Qantas chief Alan Joyce has..
