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Virgin Australia has pushed back the completion of its takeover of Tiger Airways Australia until July.Virgin said it had extended the date to conclude the 60 per cent purchase of Tiger Australia from ..
Australia's biggest telco, Telstra, has maintained its full-year earnings guidance and is aiming to lift dividends over time.Telstra said on Wednesday that it expects to pay fully franked dividends to..
Habtoor Leighton Group has signed a $65 million deal to construct accommodation and utilities on two artificial islands near Abu Dhabi in the United Arab Emirates.The construction is part of the Satah..
Greater activity on the share market in the March quarter has helped lift the profit of stock exchange operator ASX Ltd by nearly two per cent in the first nine months of the financial year.In an earn..
The Wall Street Journal remains the top-selling US daily newspaper, but The New York Times has surpassed USA Today for second, thanks to an expansion into digital subscriptions, new figures show.The J..
The slowdown in Australia's manufacturing industry worsened in April, with activity in the sector contracting at the fastest rate in four years.The Australian Industry Group (Ai Group) Performance of ..
US stocks have risen amid solid data on housing and consumer confidence and as reports of a $US17 billion ($A16.51 billion) Apple bond sale cheered investors.The Dow Jones Industrial Average rose 21.0..
Australian stocks have closed higher as ANZ's $3 billion plus half-year profit dragged its shares to record highs and the local market along for the ride. RBS Morgans Brisbane senior client adviser..
Extreme wet weather in Queensland has contributed to a fall in quarterly revenue and production from energy supplier Origin Energy's oil and gas fields. Origin on Tuesday released its March quarter..
Mining giant Rio Tinto says its new $2.2 billion underground diamond mine at Argyle will produce up to 20 million carats per year. Rio opened the mine in the remote East Kimberley region of Western..
Andrew "Twiggy" Forrest's Poseidon Nickel will re-open the historic Windarra nickel mine in Western Australia. Poseidon on Tuesday announced that a study had confirmed the viability of the company'..
Mining services provider NRW Holdings has won a $180 million contract at Rio Tinto's Nammuldi iron ore mine in Western Australia's Pilbara region. The contract includes bulk earthworks for the proc..
A better-than-expected earnings report and dividend from ANZ Bank has helped the Australian share market trade higher. ANZ rose $1.25, or 4.15 per cent, to $31.35 by 1200 AEST, after reporting a on..
Australian shares closed on a positive note as the four major banks lifted the market. CMC Markets chief strategist Ric Spooner said the Australian market closed higher as gains for the major finan..
Stocks to watch on the Australian stock exchange at close on Monday: AQA - AQUILA RESOURCES LTD - down 22.5 cents at $1.805 The share price of minerals explorer Aquila Resources took a hammering..
The Australian dollar has closed firmer, pushing above 103 US cents and moving in line with the rising price of gold. At 1700 AEST on Monday, the Australian dollar was trading at 103.24 US cents, u..
Former Qantas executive Rob Sharp has been named as the new boss of struggling budget carrier Tiger Airways Australia. Mr Sharp, who had 15 years at Qantas including roles in strategy and innovatio..
Oil and gas producer Santos has committed to a $100 million drilling and appraisal program over the next 12 months in the Northern Territory.The onshore Mereenie program will target oil while also eva..
Leading Australian economist Ross Garnaut has told a Senate committee that the mining tax is highly flawed and may never raise any revenue in its current form.A Senate committee is investigating the M..
The share price of minerals explorer Aquila Resources took a hammering after its Japanese joint venture partner pulled out of some of its Queensland coal exploration permits.News of the decision by Ja..
Vector has won regulatory clearance to acquire Contact Energy's gas metering business for $63 million, which will merge the two largest suppliers of metering services on the New Zealand North Island's..
BHP Billiton has sold a copper mine in the US for $US650 million ($A634.86 million) as the resources giant continues to off-load assets. It has sold its Pinto Valley mining project and the associat..
The Australian market has opened higher, led by gains for the four major banks. IG markets strategist Stan Shamu said the local market has been dragged higher by the major financial stocks, and the..
US stocks have ended mixed after a mediocre report on US economic growth and the latest batch of uneven corporate earnings reports. The Dow Jones Industrial Average rose 11.75 (0.08 per cent) on Fr..
The Australian market has closed slightly lower despite commodity stocks staging a comeback. IG Markets chief market strategist Chris Weston said commodity stocks traded well on Friday after recent..
