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The Australian share market has finished lower as concern about Chinese growth dragged down material and industrial stocks. At the close on Wednesday, the benchmark S&P/ASX200 index was down 24..
Pallets and containers supplier Brambles says it has entered the 2012/13 financial year in good shape despite uncertain economic conditions. "Brambles has entered the 2013 financial year in robust ..
Australia has recorded its 21st consecutive year of economic growth, the only developed nation in the world that can make that boast. CommSec chief economist Craig James said it is the longest econ..
Oil refiner Caltex has raised $550 million from investors to help fund a restructure that includes the overhaul of its Sydney oil refinery. Caltex had sold $525 million in subordinated notes, price..
Rupert and James Murdoch have had part of their multi-million dollar cash bonuses withheld as a result of News Corp's UK phone hacking scandal. But the company's most senior executives were still p..
Australia's services sector contracted for the seventh straight month in August as cautious consumers and the high exchange rate continue to hurt the industry. The Australian Industry Group/Commonw..
Dutch banking giant ING says it will sell its stake in Capital One, which bought ING's US online banking unit in a multi-billion-dollar deal earlier this year. "ING announced today that it intends ..
US stocks have closed mixed after a key report showed the third straight monthly contraction in the manufacturing sector, a key engine behind the economy's still-sluggish recovery. The Dow Jones In..
Nine Entertainment has sold its Australian Consolidated Press (ACP) magazines to German publishing giant Bauer Media Group. Nine Entertainment Company (NEC), on Tuesday confirmed that it had reache..
Iron ore miner Fortescue Metals has shelved $1.57 billion of expansion plans and cut hundreds of workers' jobs, in a further sign that the peak of the mining boom may have passed. Fortescue, founde..
US vehicle sales jumped 20 per cent in August to the best performance in three years even as higher gas prices drove a shift towards smaller and more fuel efficient vehicles, industry data shows. T..
