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Australian shares gave up earlier gains to end lower as renewed investor concerns about the European debt crisis took the steam out of a retailer-driven rally. CMC Markets sales trader Ben Taylor s..
Heavy discounting and a cooler summer have taken its toll on supermarket giant Woolworths, with a big slowdown in sales growth from its key supermarket division. Sales growth for the division, afte..
A strong performance in North America has led kitchen appliance maker and distributor Breville Group to increase its earnings forecasts. Shares in Breville were boosted by the positive trading upda..
Education provider Navitas expects second-half earnings to be weaker amid uncertainty over student visa rules. Navitas on Tuesday reported a net profit of $35.4 million for the six months to Decemb..
Australia's largest cattle producer, Australian Agricultural Company Ltd (AACo), exported more live cattle during 2011 despite the Australian government's temporary ban on live exports to Indonesia. ..
Telstra has won a contract to build Western Australia's regional mobile communication project. The telco and the WA government said the contract was for 113 new mobile sites to increase coverage to..
Australian capital city home prices fell by half a per cent in the December quarter, according to a private sector index. The RP Data-Rismark Home Value Index found prices fell by 0.2 per cent acro..
Mining magnate Clive Palmer's China First company is launching an $8 billion lawsuit against rail operator QR National for competing with his plans to build a 500km rail link to carry coal. Mr Palm..
EU leaders have closed one chapter in the debt crisis with a German-driven treaty meant to end deficits - then launched a race to resolve Greece's bailout woes. European Union president Herman Van ..
US stocks clawed back from early losses on Monday, showing resiliency despite Greece's stalled bid to obtain a crucial debt writedown from private creditors to avoid default. Pulling back from open..
Australian shares ended lower as investors took profits ahead of the February profit reporting season. Weaker consumer staples and bank stocks helped to pull the bourse back from earlier slight gai..
Manufacturer OneSteel will receive $64 million to help it prepare for the introduction of federal government's carbon tax in July. Climate Change Minister Greg Combet on Monday announced the advanc..
Victoria exported a record $8.07 billion in food and fibre products in 2010-11, and a similar result is expected this financial year. Exports jumped by $1.3 billion despite the high Australian doll..
Engineering firm Monadelphous Group has won about $180 million worth of contracts in Western Australia for infrastructure work on behalf of global miner Rio Tinto and US-based energy major Chevron. ..
Australia's big four banks are at risk of their credit ratings begin downgraded due to their dependence on international debt markets for funding, a credit ratings agency says. Australia and New Ze..
BKI Investment Company will conserve capital in readiness to snap up investment opportunities arising from an "ugly" fallout from Europe's debt crisis. The listed investment company on Monday poste..
Leighton Holdings subsidiary Thiess and a Belgian company have jointly won a $260 million contract to develop a port in north Western Australia. Thiess and Belgian company BESIX SA will design and ..
Chief executive of toll road operator Transurban Chris Lynch will leave the company after handing in his resignation. Mr Lynch intends to resign as CEO and a director of the company with effect fro..
A roundup of trading on major world markets: NEW YORK - The US stock market closed mostly lower on Friday, capping its first losing week of 2012, after the government reported that economic growth ..
The finance minister of debt-stricken Greece has rejected a proposal from Germany for the EU to take control over its tax and spending decisions, citing national sovereignty. "Whoever hands people ..
The Australian share market ended Friday at a seven-week high led by the resources and materials sector. A decision by the US central bank to keep interest rates low for longer in the world's bigge..
Stocks to watch on the Australian stock exchange at close on Friday: RMD - RESMED INCORPORATED - up 19 cents at $2.73 US-based sleep disorder specialist ResMed Inc has reported a drop in profit ..
Amgen Inc says its fourth-quarter profit fell 8.5 per cent as its expenses for taxes and for producing and selling drugs rose faster than its revenue. The world's largest biotech company said its n..
A review of the week's Australian economic data, January 23 to January 27: ***** THE AUSTRALIAN BUREAU OF STATISTICS (ABS) PRODUCER PRICE INDEXES (PPI) Australia's producer price index at the..
Sleep disorder equipment supplier ResMed Inc has suffered a first half profit fall, despite revenue and income hitting record levels in the final months of 2011. ResMed on Friday booked a net profi..
