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BHP Billiton has rid itself of looming risks with the controversial $30 billion Browse gas project after deciding to sell its interest to oil and gas giant PetroChina. PetroChina International Inve..
The new boss at casinos operator Echo Entertainment has made repairing the group's damaged relationship with the NSW government one of his top priorities. John Redmond, an American and former senio..
Gloom has set in among Australian consumers and businesses in the lead up to Christmas, fuelling hopes of further interest rate cuts to boost confidence in 2013. The Westpac/Melbourne Institute Ind..
Anglo-Australian mining giant Rio Tinto says it has sold its majority stake in South African copper producer Palabora for $US373 million ($A356 million) to Chinese and South African interests. A bi..
Outdoor adventure retailer Kathmandu has appointed former Tesco executive Christine Cross to its board. Ms Cross is currently a director of supermarket giant Woolworths and has had extensive experi..
Stocks to watch on the Australian stock exchange on Wednesday December 12 LYC - LYNAS CORPORATION - last traded at 60.5 cents Lynas shares will resume trading on Wednesday morning after making a..
US stocks finished solidly higher on Tuesday, with gains in Apple, Google and Intel boosting the tech-rich Nasdaq. Also helping were gains in Europe's markets on the back of a surge in German inves..
The Australian market closed at its highest level for 2012, with stronger commodity prices led to gains for the mining giants. At the close on Tuesday, the benchmark S&P/ASX200 index was 18.1 p..
Australia's hiring pace is expected to remain at its lowest level in over three years, research shows. The Manpower Employment Outlook Survey for first quarter 2013 shows that employer hiring inten..
A small Australian superannuation fund has achieved top marks in a survey which otherwise reveals "reckless mismanagement" and poor disclosure of climate change risks in the portfolios of the world's ..
Australian miner Lynas has gone into its fourth trading halt in five weeks as Malaysian government ministers ordered it to export waste from its local rare earths plant. Lynas began processing rare..
Sydney's skyline is getting a facelift, with a Lend Lease-led group winning contracts to build a new hotel and revamped convention centre at Darling Harbour worth a combined $2.5 billion. The contr..
Australian firms are heading into Christmas on a pessimistic note, with business confidence slumping to its lowest point since the global financial crisis. And with little relief in sight, the Rese..
Engineering firm Downer EDI's earnings will be hit by the company's settlement of a legal dispute over a tunnel contract in Singapore. Downer will pay $S50 million ($40 million) to Singapore compan..
Transfield Services has won several new contracts worth $140 million, including work on two major energy projects. Transfield will provide maintenance at Woodside's offshore oil and gas facilities ..
Stocks to watch on the Australian stock exchange on Tuesday December 11 AGO - ATLAS IRON - up nine cents or 6.9 per cent to $1.39 Iron ore miner Atlas Iron says it has completed a $US275 million..
US stocks ended slightly higher on Monday amid hopes that a political deal over the looming fiscal cliff was in the works. Markets showed little effect from the fresh turmoil in the eurozone, after..
The Australian stock market has closed marginally higher as upbeat Chinese data helped lift resource stocks and sustain the momentum of the market. At close on Monday, the benchmark S&P/ASX200 ..
Mining contractor Macmahon Holdings is poised for a capital raising as it battles to reverse a drop in earnings and tries to cut costs. Macmahon's shares were placed in a trading halt on Monday, wi..
BC Iron will almost double its iron ore output after increasing its stake in the Nullagine joint venture in a $190 million deal. BC Iron, which operates an iron ore joint venture in Western Austral..
Investors have given Ten Network Holdings's latest capital raising a thumbs-down amid doubts about the struggling broadcaster's ability to reverse its flagging fortunes. Ten shares shed about a qua..
Woodside Petroleum has reached another joint venture agreement to expand its exploration interests in Myanmar (Burma). Myanmar-based MPRL E&P Pte Ltd has accepted Woodside's offer to buy into a..
Weaker-than-expected housing loan figures suggest the Reserve Bank of Australia may need to cut the cash rate further in 2013. Housing finance commitments rose just 0.1 per cent in October, figures..
Fund manager Perpetual has named a leader of its restructuring program as its new chief financial officer. Gillian Larkins will replace outgoing CFO Roger Burrows on January 7. She joined Perpet..
Stocks to watch on the Australian stock exchange on Monday December 10 MYR - MYER HOLDINGS LTD - down one cent at $2.16 Myer's chairman Paul McClintock is confident the federal government will a..
