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Warehouse Group, the country's biggest listed retailer, is buying consumer electronics and appliance chain Noel Leeming Group for $65 million from Gresham Private Equity. The acquisition will be co..
A surprise slide in the US unemployment rate to 7.7 per cent for November gave markets an initial boost on Friday, but share ended the session mixed. The Dow Jones Industrial Average rose 81.09 poi..
Myer's chairman Paul McClintock is confident the federal government will agree to demands by local retailers and force offshore online stores to pay GST on low-priced goods next year. Mr McClintock..
Washington H Soul Pattinson chairman Robert Millner has defended the investment firm's review of its cross-shareholding with Brickworks. This was after major institutional shareholder and fund mana..
The Australian market closed at a seven-week high, with across-the-board gains aided by strong overseas leads. The benchmark S&P/ASX200 index on Friday was up 42.5 points, or 0.94 per cent, at ..
Mining services and media outlets are slipping down the ASX top 200 companies list, with digital sales and travel businesses replacing them. December's changes to the S&P/ASX 200 were announced..
Mining billionaire Gina Rinehart is believed to have given her last-minute support to the troubled Ten Network's $230 million capital raising. Media reports on Friday indicated Mrs Rinehart, who ho..
Lower commodity prices and the high value of the Australian dollar have seen Australia post its biggest trade deficit since 2008. The trade deficit widened to $2.088 billion in October seasonally a..
ANZ is the first Australian bank to be granted approval to open an office in Myanmar (Burma). ANZ expects to open an office in Yangon in early 2013, expanding its presence in what it terms the grea..
Greece's unemployment rate rose to a new record of 26 per cent in September, underscoring the economic plight in the country as it heads toward a sixth year of recession. The Greek Statistical Auth..
Stocks to watch on the Australian stock exchange on December 7 BLD - BORAL LTD - down two cents at $4.03 Building products maker Boral is cutting 90 jobs as it suspends some manufacturing at a V..
US stocks finished in positive territory on Thursday after circling the break even line for much of the session, with a mild rebound by volatile Apple buoying the Nasdaq for a 0.5 per cent gain. Th..
Australian stocks finished slightly weaker on Thursday, with the market lacking direction despite an unexpected fall in Australia's unemployment rate. At the close on Thursday, the benchmark S&..
Virgin Australia has won approval from Singapore's corporate regulator to take over regional airline Skywest as it makes a push into budget air travel. Virgin surprised the market in late October w..
Pesticide company Nufarm expects earnings to rise 15 per cent in the first half of fiscal 2013 due to a stronger performance in South America and an improvement in Europe. Chief executive Doug Rath..
Ten Network's major shareholder and board director, mining billionaire Gina Rinehart, says the struggling broadcaster could have done more to cut costs in the past. Mrs Rinehart said the troubled n..
The unemployment rate fell in November, but employment growth is barely enough to prevent it heading higher in the coming months. The jobless rate fell to 5.2 per cent in November from 5.4 per cent..
Whitehaven Coal has applied for emergency approval to truck coal from its Narrabri mine after a train derailment. Shipments are expected to interrupted until Christmas when the track repairs are co..
Virgin Australia has won approval from Singapore's corporate regulator to take over regional airline Skywest as it makes a push into budget air travel. Virgin surprised the market in late October w..
Apple shares suffered their worst decline in years on Wednesday as selling momentum gained steam for the longtime tech star and world's largest company by value. Apple stock tumbled 6.43 per cent t..
Stocks to watch on the Australian stock exchange on Thursday December 6 LYC - LYNAS CORPORATION LTD - up 1.5 cents at 61.5 cents Rare earths miner Lynas is facing further court action against th..
US stocks closed mostly higher on Wednesday after some upbeat data on the huge services sector, but market chatter about Apple's prospects sent it tumbling 6.4 per cent, weighing on the tech-rich Nasd..
Mining billionaire Gina Rinehart is keeping the Ten Network guessing on whether she'll take part in the troubled broadcaster's $230 million capital raising. Ten announced plans for its second capit..
Australian shares finished firmer as investors sought high-yielding bank stocks following this week's official interest rate cut. At the close on Wednesday, the benchmark S&P/ASX200 index was 1..
Shop owners have received some good news ahead of Christmas, with data showing the retail services sector expanding for the first time in 12 months. The Australian Industry Group - Commonwealth Ban..
