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Australian stocks closed lower on Monday, adding to a string of losses notched up last week. Sentiment remains weak in relation to concerns about Chinese economic growth and quantitative easing in ..
Analytical testing services group ALS has lifted full year net profit as the company's entry into new markets helped offset some weakness in the mining sector. ALS, known as Campbell Brothers until..
Australia's oil and gas industry has defended its contribution to the economy, saying it will deliver $13 billion a year in taxes by the end of the decade. A day after the nation's peak manufacturi..
Australia faces a hiatus in new liquefied natural gas (LNG) projects as buyers switch their focus to the United States. Consulting group Wood Mackenzie says opportunities for new Australian LNG pro..
The Australian dollar is trading near one-year lows as pessimistic traders stay out of high-risk, high-yield assets. At 1200 AEST on Monday, the local unit was trading at 96.29 US cents, down from ..
It seems David Jones' customers are just not that interested in buying winter coats and jumpers while the weather is warm enough to still go swimming. Retailers have a long history of bringing out ..
The head of global energy giant Shell says rising costs are a challenge for doing business in Australia.Royal Dutch Shell wants to develop a floating liquefied natural gas (LNG) project in Western Aus..
ANZ Bank customers in Australia may need a grasp of Kiwi vowels and lingo if they want to ring a call centre.The bank is transferring 70 jobs from Australia to a call centre in Wellington, saying the ..
Excessive wage demands are threatening major energy projects in Australia, a federal Labor minister says.Woodside Petroleum last month dumped a $45 billion liquefied natural gas project which was prop..
US stocks have closed flat, reeling in early losses but showing caution following Japan's Thursday 7.3 per cent plunge and ahead of the three-day US Memorial Day holiday weekend.The Dow Jones Industri..
The Australian stock market has tumbled to a five-week low, with $26 billion wiped from the value of the bourse.The sour mood from Thursday, when investors fretted over the prospect US and Japanese ce..
Australia's largest beef cattle producer has blamed the suspension of live exports to Indonesia for a $46.5 million March quarter loss.Australian Agricultural Company (AACo) managing director David Fa..
Gap Inc. is reporting a 43 per cent increase in first-quarter earnings as the clothing chain's turnaround continues.The San Francisco-based clothing retailer, which operates the Gap, Old Navy and Bana..
Australia's domestic flights were a little roomier for the travelling public in March, with the growth in passenger numbers failing to match the extra seats added into the market.Figures from the Bure..
Shares in Echo Entertainment have plunged to a record low after Crown sold its stake in its casino-operating rival.At 1155 AEST, Echo shares were down more than 10 per cent to $3.09, a slight improvem..
The Australian dollar has surged more than one-and-a-half US cents higher from Thursday's low point, as the US dollar lost ground against all the major currencies.At 0700 AEST on Friday, the Australia..
Sales of new US homes rose in April to the second highest level since the summer of 2008 while the median price for a new home hit a record high, in further signs housing is recovering.The Commerce De..
Tokyo stocks have lost their early gains as they tumbled back into the red, a day after suffering the worst one-session drop since Japan's March 2011 quake-tsunami disaster.The benchmark Nikkei 225, w..
James Packer's exit from Echo Entertainment is a signal the Crown boss no longer sees the rival casino company as a threat to his plan for a luxury Sydney gambling resort.Echo shares plunged 11.9 per ..
US stocks have finished slightly lower, little-affected by a sharp selloff in Asian and European markets led by the 7.3 per cent plunge of Japan's Nikkei 225 index. The Dow Jones Industrial Average..
Australian stocks suffered their biggest one-day fall in two months as more than $32 billion was wiped from the value of the bourse. The four major banks and Telstra were the biggest losers as earl..
The two car makers left standing following Ford's decision to get out have reaffirmed their commitment to Australia, for now at least.However the dominant view is that the Australian car manufacturing..
Veolia Transport Auckland, which runs the city's urban passenger trains, almost doubled its annual profit last year after it changed the way it does business.Veolia, a unit of Paris-based Veolia Trans..
The Australian dollar keeps falling and Uncle Sam is completely to blame.The currency is plumbing one-year lows, heading past 96.50 US cent on Thursday, after being above parity for most of the past y..
Telstra is not saying how many jobs may be lost as part of a major restructure of its internal operations.Australia's largest telco is expected to outline how many of the company's 30,000 Australian s..
