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The sharemarket has closed flat as investors remain cautious despite easing concerns over potential conflict between Russia and Ukraine. "There are a few slight concerns, but overall sentiment has ..
A spike in retail spending for January has added to speculation of an interest rate hike later in the year. Retail spending rose by 1.2 per cent in January to $22.9 billion, figures from the Austra..
In the world of essential oils, sandalwood oil is like gold. Australian sandalwood producer TFS Corporation, through its US joint venture entity Santalis Pharmaceuticals, is about to ship 100 kilog..
Troubled surfwear retailer Billabong faces a possible class action from investors hurt by the dramatic decline in the company's fortunes. Law firm Slater and Gordon says it is preparing a lawsuit a..
Carsales.com has agreed to pay $126 million for a major stake in the online operations of South Korea's leading car seller, further expanding its international reach. The company plans to take a 49..
BlueScope Steel will sell some of its assets in Western Australia in order to win regulatory approval of its $23 million purchase of the OneSteel sheet and coil business. The Australian Competition..
A disappointing production forecast from oil giant ExxonMobil has pushed the Dow into negative territory on an otherwise flat day for US stocks. The Dow Jones Industrial Average fell 35.70 points (..
