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Rupert Murdoch's News Corp says it is considering a "restructuring" that would split off its larger entertainment division from struggling publishing businesses. The New York-based company on Wedne..
US stocks have scored solid gains, lifted by positive data on home prices that offset another decline in consumer confidence. The Dow Jones Industrial Average finished Tuesday's session up 32.01 po..
Building products maker Boral has cut its full year profit forecast for the second time within three months because of bad weather and delays to major construction projects. Boral on Wednesday said..
Fairfax Media shares have fallen to new closing low after its largest shareholder Gina Rinehart threatened to sell out of the beleaguered newspaper publisher. Fairfax closed down two cents, or 3.5 ..
The Australian share market has closed lower as investors fear that the European debt crisis may worsen unless European leaders take decisive action at a summit later this week. At 1615 AEST on Tue..
One of Australia's chief central bankers says talk of a falling housing prices doesn't keep him awake at night. Reserve Bank assistant governor (financial markets) Guy Debelle told a mortgage and f..
A leading figure from Australia's resources sector has taken the reins at a major media company - and it is not Gina Rinehart. Don Voelte, the former chief executive of Woodside Petroleum, was on T..
Queensland-focused minerals explorer Ivanhoe Australia will cut 50 jobs as its new owner Rio Tinto seeks to cut costs in the company. Rio Tinto appointed four new members to the board of Ivanhoe Au..
The number of online orders to Australian businesses increased by almost a third during the 2010-2011 financial year, speaking volumes on the growing importance of internet sales. The Australian Bu..
Gina Rinehart, Lachlan Murdoch and James Packer have increased their number of Ten Network shares by investing millions of dollars in the media company's recent fund raising venture. Ten raised $20..
Moody's has hit 28 Spanish banks with new credit downgrades, as Madrid formally requests a rescue loan of up to 100 billion euros ($A125.64 billion) for the banking sector from its eurozone partners. ..
Stocks to watch on the Australian stock exchange today ALS - ALESCO CORPORATION LTD - down one cent at $1.98 DLX - DULUXGROUP LTD - up two cents at $2.98 Paint maker DuluxGroup says Alesco's ..
US stocks have tumbled as Europe's leaders appeared still divided on how they will address their crisis in the coming crunch summit for the eurozone. Research in Motion's 7.6 per cent drop on a dow..
Billionaire Kerry Stokes' positioning for a possible bid for Consolidated Media Holdings (ConsMedia) was most likely serious but unlikely to succeed, analysts say. The Seven Group chairman signalle..
Struggling surfwear retailer Billabong International is expected to fend off more takeover bids after its share price dived to its lowest level on record. More than a third of Billabong's stock val..
The Australian share market closed lower as investors expect a summit of European Union leaders this week to achieve little in solving the eurozone's ongoing problems. At 1615 AEST on Monday, the b..
Air Pacific has returned to profitability on the back of a rise in passenger numbers, with the Fiji-based carrier holding its own against bigger rivals Virgin Australia and Jetstar. Operating profi..
Perpetual has flagged a massive profit slide and pay cuts for its board as it begins a major restructure that involves the loss of hundreds of jobs. The fund manager said on Monday that it will sla..
Paint maker DuluxGroup says Alesco's rejection of its bid is misconceived and deficient but that the offer remains "compelling". DuluxGroup also repeated on Monday that a takeover of Alesco made go..
ANZ Banking Group's business customers are the banking sector's most dissatisfied, a survey says. The latest DBM Business Financial Services Monitor shows ANZ's customer satisfaction levels in May ..
A roundup of trading on major world markets: NEW YORK - US stocks rebounded Friday after Thursday's sharp fall, helped by European leaders meeting in Rome signalling a 130 billion euro ($163 billio..
Home buyers are expected to become more active over the next three years as conditions in the property market improve, a report says. The Residential Property Prospects, 2012 to 2015 report from ec..
Stocks to watch on the Australian stock exchange on Monday: BHP - BHP BILLITON LTD - down 68 cents at $31.52 BHP Billiton has committed $US845 million ($A832.47 million) to opening a new mine at..
Australian shares finished almost one per cent lower due to widespread concerns about global growth. At the close on Friday, the benchmark S&P/ASX200 index was down 39.4 points, or 0.96 per cen..
The Australian dollar is more than one US cent lower, following weak global data followed by little economic news. At 1700 AEST on Friday, the local currency was trading at 100.26 US cents, down fr..
