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Property Council of Australia president Darren Steinberg will take the top job at Dexus Property Group when chief executive Victor Hoog Antink retires in March. Mr Steinberg will begin in his new r..
Sales by small businesses increased by 2.8 per cent in October compared to the same time last year, a survey shows. It was the sixth consecutive month of positive annual growth in sales for Austral..
Americans have shrugged off economic gloom to post record holiday weekend sales of $US11.4 billion ($A11.75 billion) according to estimates, as shoppers took advantage of deep pre-Christmas discounts...
Stocks to watch on the Australian stock exchange on Monday: BBG - BILLABONG INTERNATIONAL LTD - down 11 cents, or 3.02 per cent, at $3.53 Surfwear maker and seller Billabong says it doesn't know..
A roundup of trading on major world markets: NEW YORK - US stocks closed lower in light trading on Friday, ending the worst week for the Dow Jones industrial average since late September. Major ..
Australian shares closed weaker for the sixth straight day and at a seven-week low, following losses on European markets as investors grew impatient with a lack of action from Germany on the region's ..
Primary Health Care has forecast profit growth of up to 22 per cent as it grows its existing general practice, pathology and diagnostic imaging businesses. But investors were unimpressed, sending t..
A Russian steel making giant is expected to do a deal with Fortescue Metals Group after a $554 million takeover of Flinders Mines, which operates an iron ore project next to Fortescue's Solomon develo..
Telstra Corporation chief customer officer Gordon Ballantyne says the telco's plan to lift service standards and improve its standing among customers is on track. Mr Ballantyne said on Friday Telst..
A preview of next week's Australian economic data, November 28 to December 2: ***** HOUSING INDUSTRY ASSOCIATION (HIA) NEW HOME SALES Due: Tuesday Period: October Market forecast: No ma..
Shares in Woodside Petroleum slumped six per cent to a seven-week low after the oil and gas producer's 2012 production target fell short of expectations. Woodside announced in an investor update th..
Surfwear maker and seller Billabong International says it doesn't know why its shares dropped 12.5 per cent on the highest trading volume in three months on Thursday. Billabong responded to a lette..
Sundance Resources has requested its shares be placed in a trading halt pending an update on the proposed take-over by Hanlong Mining Group. The company said, in a letter to the Australian Securiti..
A roundup of trading on major world markets: NEW YORK - Wall Street was closed on Thursday for the Thanksgiving public holiday. On Wednesday, its last trading day, the Dow Jones Industrial Avera..
Stocks to watch on the Australian stock exchangeon Friday: BSL - BLUESCOPE STEEL LTD - down 12.7 cents, or 24.5 per cent, to 39 cents Struggling steelmaker BlueScope Steel has raised $338 millio..
The Australian sharemarket has closed weaker for the fifth consecutive day at a seven-week low with investors staying away or moving their money to safer assets. At the close on Thursday, the bench..
Home buyers can continue to expect mortgage discounts next year as big banks battle each other for a bigger share of a sluggish lending market, a new report says. The risk of a continuing pricing w..
Woolworths says it's being bullied and vilified by pokie reform campaigners who targeted the supermarket giant's Annual General Meeting (AGM) on Thursday. Chairman David Strong said the diversified..
Westpac has overhauled its management structure and hired a potential chief executive successor as it pushes to be the country's leading financial company. The country's second largest lender behin..
Murchison Metals will be left with just a few exploration tenements and little funds if it pays shareholders with cash received from the sale of key assets to Mitsubishi. Murchison accepted $325 mi..
Struggling steelmaker BlueScope Steel has raised $338 million so far in a $600 million capital raising as it tries to repay some of its debt. About 87 per cent of institutional shareholders have pa..
David Jones shares slumped to an eight-week low after the retailer reported that first quarter sales fell more than 10 per cent and confirmed expectations of a hefty drop in first half profit. Whil..
A roundup of trading on major world markets: NEW YORK - US equity markets tanked Wednesday as a poor German government debt auction fuelled fears over Europe's fiscal crisis and weak growth in the ..
The eurozone has sunk into recession, a leading international banking organisation said Wednesday, adding that conditions in the 17-nation bloc had deteriorated swiftly. "The situation in the euro ..
Stocks to watch on the Australian stock exchange on Thursday: AVM - ANVIL MINING LTD - down eight cents, or 1.1 per cent, at $7.15 Minmetals' $C1.3 billion ($A1.28 billion) takeover bid for Demo..
