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US stocks closed out a mostly downcast week on a sour note following fresh indications the Obama administration plans military action against Syria.At the closing bell, the Dow Jones Industrial Averag..
The Australian share market is higher as investor caution caused by possible military action against Syria eased. Shares were buoyed by a strong lead from Wall Street, which was boosted by better t..
Farming chemicals supplier Nufarm has been fined $300,000 after a worker died at one of its Melbourne facilities. Steve Turnbull died in May 2011 after being exposed to a toxic chemical used to mak..
The Australian market is higher amid subdued activity as weary investors await news on whether the West will launch military action against Syria. The All Ordinaries was 0.3 per cent higher in midd..
The Australian dollar is weaker as uncertainty over military action against Syria weighs on market confidence. At 1200 AEST on Friday, the local unit was trading at 89.43 US cents, down from 89.58 ..
An Indian building company owned by construction giant Leighton has won a $246 million contract to build a luxury apartment building south of New Delhi. Leighton Welspun Contractors is part of the ..
Ship building and maintenance company Austal has more than tripled its annual profit due partly to its growing work with the United States Navy.Austal made a net profit of $35.9 million in the 2012/13..
After years of sales and profit declines in his Harvey Norman retail chain, Gerry Harvey finally has a reason to smile.Sales in Harvey Norman stores have lifted in the past six months and Mr Harvey, t..
The global airlines that own more than half of Virgin Australia have lent the company $90 million as it fell to a $98.1 million full year loss.The move by the companies to become Virgin's lenders has ..
US stocks have opened slightly lower on weak US spending and income data ahead of a big US holiday weekend.Five minutes into trade, the Dow Jones Industrial Average dropped 22.85 (0.15 per cent) to 14..
The Australian share market has finished higher, but activity remains overshadowed by concerns about the Syrian conflict. The S&P ASX 200 was 0.1 per cent higher when trade ended on Thursday af..
Wealth manager Perpetual's aggressive cost cutting, and a stronger share market, have contributed to a strong rise in its full year profit. Perpetual made a profit of $61 million in the 2012/13 fin..
The Australian dollar has bounced off its three week lows as currency traders go bargain hunting. At 1200 AEST on Thursday, the local unit was trading at 89.54 US cents, up from 89.14 cents on Wedn..
Tourism Holdings, which merged its campervan rental business with two rivals last year, has posted an annual profit at the lower end of its forecast range as weak demand in Australia weighs on earning..
It's looking as though business investment won't go over a cliff in 2013/14 after all. Nor did it go over a cliff in the first half of this year either. And that's important, because investment ..
Regional airline Rex says the carbon tax caused a 45 per cent nosedive in its annual profit."We saw sales plunge almost immediately from 1 July 2012 after the federal government's carbon tax was imple..
Shopping mall giant Westfield is more upbeat about its growth prospects in the United States than Australia.But as the world's biggest economy emerges from the global financial crisis, a weaker Austra..
The mining investment boom isn't over yet but it will be soon, and when it is, there may not be much there to fill the breach.Australian business investment rose four per cent in the June quarter, bea..
Qantas has limped back to profit as the airfare price war with Virgin Australia dragged on earnings.Chief executive Alan Joyce also warned the operating environment for the airline would be challengin..
US stocks have rebounded, led by energy companies benefiting from an oil price spike, as the West mulls a possible punitive attack against Syria for its alleged chemical weapons use.The Dow Jones Indu..
The Australian share market has suffered its steepest one-day fall in three weeks as speculation about a US military strike on Syria hits the big miners.CommSec market analyst Steven Daghlian said the..
The strong Australian dollar and high dairy prices have hit Warrnambool Cheese and Butter's annual profit, but the company maintains a glass half full outlook.Warrnambool's profit of $7.5 million in t..
Online travel agent Wotif.com's annual profit has dropped 12 per cent as tourists took advantage of a strong Australian dollar to journey further from home.That trend has boosted Wotif's volume of fli..
Shares in iron ore miner BC Iron have reached an all-time high following a record production run.Shipments from its Nullagine mine in Western Australia, in which Fortescue Metals holds a 25 per cent s..
Building of homes, shops and offices and engineering work on bridges, roads and mines was weaker than expected in the June quarter, and the looming federal election could be to blame.The amount of con..
