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Australian building products maker Boral has appointed the 61-year-old head of US operations as its new chief executive. Mike Kane starts officially in the head role on October 1, replacing interim..
Bendigo and Adelaide Bank's executives had their bonuses scrapped in the 2011/12 financial year as the bank's net profit dropped by 43 per cent. The bank's annual report, released on Monday, shows ..
Qantas Airways chief executive Alan Joyce says the airline's proposed deal with Emirates will increase competition in the Australian market. As Australian Competition and Consumer Commission (ACCC)..
US stock markets have turned a weak jobs report into positive news, ending higher on expectations that the data will lead to new Federal Reserve efforts to help the economy. The markets added to Th..
Media billionaire Kerry Stokes is expected to demand a better price for his stake in James Packer's Consolidated Media. Mr Stokes, Seven Group's major shareholder, holds the key to News Ltd's $1.94..
Australian stocks have closed firmer, with resources companies leading the market higher amid broad-based gains. At 1615 AEST on Friday, the benchmark S&P/ASX200 index was up 12.9 points, or 0...
Australian bond futures prices are weaker following a plan by the European Central Bank (ECB) to support its region's weaker economies. At 1630 AEST on Friday, the September 10-year bond futures co..
Australia's trade deficit with the rest of the world has widened and could worsen in the months ahead, as weaker commodity prices begin to show up in official figures. The balance on goods and serv..
The Australian dollar could head back below the $US1 mark within weeks as currency markets sour on the little battler. In recent years, Australians have become used to their currency, which 10 year..
Coca-Cola Amatil (CCA) has completed its $58 million takeover of the maker of Fiji Bitter, but says it will not take total control of the brewer. The bottling company on Friday said it now holds 89..
US stocks have surged to new multi-year highs, helped by positive economic data and the European Central Bank's (ECB) new plan to help ailing eurozone countries in the bond market. The S&P 500 ..
The European Central Bank (ECB) has announced a plan for a massive sovereign bond buy up, overcoming German opposition to unleash a so-called "big bazooka" against Europe's debt crisis. But ECB chi..
Stocks to watch on the Australian stock exchange on Friday, September 7 ANZ - AUSTRALIAN AND NEW ZEALAND BANKING GROUP LTD - up four cents at 24.21 CBA - COMMONWEALTH BANK OF AUSTRALIA - up 17 c..
The Australian share market has closed higher on the back of positive corporate news and jobs figures, and hopes for a resolution to Europe's debt crisis. At 1615 AEST on Thursday, the benchmark S&..
Australian bond futures prices have fallen, after official data showed a drop in the unemployment rate. Unemployment fell to 5.1 per cent in the month, from 5.2 per cent in July, the Australian Bur..
Facebook shares have enjoyed a nearly five per cent boost after co-founder Mark Zuckerberg pledged to not sell any of his shares for another year. After sinking to a new low on Tuesday of $US17.55 ..
Australia's unemployment rate fell to 5.1 per cent in August, official figures show. The July figure was 5.2 per cent. Total employment fell 8,800 to 11.498 million in August, according to the s..
The Australian share market is almost one per cent higher as investors find value amid hopes of a resolution to Europe's debt crisis. At 1205 AEST on Thursday, the benchmark S&P/ASX200 index wa..
Struggling surfwear retailer Billabong has received its second takeover offer in six weeks, with its latest suitor matching TPG's $1.45-a-share bid. However, analysts don't expect a higher bid from..
US stocks have closed essentially flat on the eve of a crucial European Central Bank (ECB) policy meeting amid hopes for action to stem eurozone financial turmoil. The Dow Jones Industrial Average ..
The Australian share market has finished lower as concern about Chinese growth dragged down material and industrial stocks. At the close on Wednesday, the benchmark S&P/ASX200 index was down 24..
Pallets and containers supplier Brambles says it has entered the 2012/13 financial year in good shape despite uncertain economic conditions. "Brambles has entered the 2013 financial year in robust ..
Australia has recorded its 21st consecutive year of economic growth, the only developed nation in the world that can make that boast. CommSec chief economist Craig James said it is the longest econ..
Oil refiner Caltex has raised $550 million from investors to help fund a restructure that includes the overhaul of its Sydney oil refinery. Caltex had sold $525 million in subordinated notes, price..
Rupert and James Murdoch have had part of their multi-million dollar cash bonuses withheld as a result of News Corp's UK phone hacking scandal. But the company's most senior executives were still p..
