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Nine Entertainment looks set to have a TV station in all states for the first time in its 57-year history after exercising an option to buy Bruce Gordon's WIN Corp's Perth operations.Nine had acquired..
Rail operator Aurizon will develop and provide infrastructure to two Pilbara iron ore projects under a deal with Brockman Mining.Brockman on Wednesday said it had appointed Aurizon to supply infrastru..
Griffin's Foods, the maker of Gingernuts, Mellow Puffs and Huntley & Palmers crackers and Eta brand snacks, last year posted its biggest annual profit under Australian private equity owners, who have ..
Travel agency Flight Centre expects to post a record before-tax annual profit due to strong returns from its Australian and UK businesses.The company says its unaudited trading results for the 2012/13..
US stocks have reversed early gains and ended lower on revived concerns about the eurozone and the political crisis in Egypt. The Dow Jones Industrial Average on Tuesday dropped 42.55 (0.28 per cen..
The share market has posted its strongest day in 20 months as the global economic outlook improves and interest rates remained on hold. Shares gained about $39 billion in value on Tuesday, in the l..
Greenhouse gas emissions from one of Australia's largest coal fired power stations will be used to produce biofuels as its owner attempts to reduce its carbon bill. Biofuel company Algae.Tec has si..
Mining giant BHP Billiton says its new remote operations centre and trial of driverless trucks will boost productivity without sacrificing jobs.The centre in Perth provides a real-time view of the com..
The Reserve Bank of Australia has kept the cash rate unchanged as the falling Australian dollar does the central bank's work.In a statement accompanying the decision to keep the rate at a record low o..
Mirabela Nickel has cut its production guidance for 2013 because of the impact of maintenance work and disruptions to its explosives supply. The Perth-based, Brazil-focused miner now expects to pro..
Online retail spending grew at a slower rate in May, after getting a boost the previous month from Mother's Day. National Australia Bank's (NAB) latest online retail sales index showed online spend..
Investors have welcomed Brambles' decision to separate its underperforming paper management business Recall from the rest of the company.Recall could have its own listing on the Australian share marke..
US stocks have spent the day in positive territory on generally strong manufacturing data, although leading indices closed well below their intraday highs. The Dow Jones Industrial Average on Monda..
Australia's export commodity prices fell in June, the third monthly fall in a row, following a run of three rises. The Reserve Bank of Australia's index of commodity prices fell by 4.1 per cent in ..
The Australian sharemarket has started the new financial year on a negative note due to investor concerns about the world's second largest economy. Manufacturing data released in China on Monday sh..
Tokyo stocks rose 1.28 per cent Monday on late bargain-hunting following a weaker yen and a big jump in the Bank of Japan's quarterly business confidence survey. The benchmark Nikkei 225 index clos..
Moody's Investors Service has given the Australian economy an upbeat assessment and says the local currency's rating remains stable."Australia's Aaa ratings are based on the country's very high econom..
Inflation is still at very subdued levels, but a falling Australian dollar could push the price of imported goods higher.The TD Securities/Melbourne Institute Monthly Inflation Gauge was 0.0 per cent ..
Property developer and investment manager Mirvac Group is selling half its stake in the land and development of 200 George St, Sydney, to AMP Capital Wholesale Office Fund (AWOF).Mirvac, in a statemen..
Lower interest rates contributed to a rise in house prices in almost all capital cities over the last financial year, and prices are expected to continue to grow.Capital city home values were up 3.8 p..
Embattled drilling company Boart Longyear's shares have plunged to four-year lows after it issued a second profit downgrade in two months.The share price has more than halved in the last three months ..
Manufacturing activity unexpectedly improved in June, helped by a falling currency and cash rate. The Australian Industry Group's Performance of Manufacturing Index (PMI) was 49.6 in June, up 5.8 p..
US stocks closed mostly lower on Friday after a three-day rally, with shares of BlackBerry hammered as the struggling phone maker reported a surprise quarterly loss. The Dow Jones Industrial Averag..
Australian shares fell flat on the last day of trade in the financial year as cautious investors sold mining and insurance stocks. Australia's share market gained 17 per cent over the past year, bu..
Australia's biggest rice company has announced a 5.5 per cent profit increase as drought conditions ease. SunRice's net profit in the year to April 30 rose to $35.8 million, up from $33.9 million. ..
