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The Australian sharemarket has rallied to close at a five and a half year high on renewed hopes of peace in Ukraine and the promise of strong Chinese growth. Russian president Vladimir Putin has sa..
Swiss mining giant Glencore Xstrata is in talks with Rio Tinto about a joint venture deal to streamline the two company's struggling NSW Hunter Valley coal assets. Glencore Xstrata chief executive ..
Qantas chief executive Alan Joyce says he will maintain his strategy of holding 65 per cent of Australia's domestic air travel market despite criticism the capacity war is damaging the airline. Mr ..
Supermarket giant Coles will open 70 new stores in the next three years, creating more than 16,000 jobs. The new stores will be located across the country and are expected to create 8,500 full-time..
China is targeting growth of about 7.5 per cent in 2014, Premier Li Keqiang says, unchanged from last year as the government tempers expectations for an economy transitioning to a more balanced, susta..
The world will rely on fossil fuels for energy for a long time yet despite their role in causing climate change, says BHP Billiton's chief executive Andrew Mackenzie. The head of the world's larges..
Engineering firm Downer EDI has won a $70 million contract to perform structural, mechanical, piping and electrical work at the Technical Ammonium Nitrate Plant project on the Burrup Peninsula in West..
US stocks have soared and investors pushed the S&P 500 to its second record close in three days on signs of easing tensions over Ukraine. The Dow Jones Industrial Average surged 227.85 points (..
Increased mining exports helped lift the pace of economic growth in the final three months of 2013, but other sectors of the economy are still weighing on growth. Australia's economy expanded by 0...
