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Australia's biggest iron ore miner Rio Tinto appears to have bowed to Chinese pressure, after saying it is being forced to move to shorter-term pricing. Chinese steel makers that are locked into qu..
Shares in drug developer Pharmaxis soared more than 60 per cent in early trading on Monday after the company moved closer to securing approval to market its cystic fibrosis drug, bronchitol, in Europe..
Superannuation default funds lost 5.1 per cent during the September quarter as global equity markets sold off, making it the worst quarterly performance since the peak of the credit crisis in 2008.The..
Interest rates may be on-hold for longer than previously expected, after official data showed a measure of inflation had eased in the September quarter.Australia's producer price index at the final st..
A roundup of trading on major world markets: NEW YORK - A broad rally swept through the US stock market Friday after McDonald's and several other large companies reported solid earnings. The Sta..
Stocks to watch on the Australian stock exchange on Monday October 24APN - APN NEWS & MEDIA LTD - down 0.5 cents at 85 centsAPN News & Media has named a former New Zealand Lotteries Commission..
Eurozone leaders are toying with the idea of asking China and other emerging powers to help them out of the debt crisis by taking part in a bailout fund, but some are reluctant to call in Beijing.The ..
Explosives maker Orica has chosen former Newcrest Mining chief executive Ian Smith to succeed Graeme Liebelt as CEO.Mr Smith will take the helm of the company on February 27, 2012 and Mr Liebelt will ..
Origin Energy is spending up big to counteract negative publicity about its controversial coal seam gas (CSG) operations.Last month, Origin and a number of other coal seam gas (CSG) companies launched..
Negotiators from the European Union and banks are "relatively close" to a deal to write off around half of Greece's 350 billion euros ($A471 billion) debt pile, an EU official said on Monday."We're re..
Peabody Energy and ArcelorMittal look certain to take over Queensland miner Macarthur Coal after an about-face by China's CITIC, which will realise $1.2 billion by selling its shareholding. Analyst..
Virgin Australia's proposed alliance with aviation powerhouse Singapore Airlines (SIA) has moved a step closer to fruition after regulators in Singapore gave the tie-up the green light.The Competition..
Paper merchant Paperlinx says many of its key markets continue to struggle as worldwide demand for the company's products declines.Paperlinx chairman Harry Boon said general market confidence remained..
The possibility of an interest rate cut is off the table as inflation is not expected to ease significantly in the September quarter, economists say.The Australian Bureau of Statistics releases the Se..
Shares in online job advertiser Seek gained more than seven per cent on reports the company was considering floating its Chinese website. Seek shares were up 39 cents, or 7.14 per cent, at $5.85 at..
Engineering firm Monadelphous Group has signed new contracts with resources firms including Rio Tinto and Xstrata worth around $230 million.Monadelphous said the contracts related to six separate proj..
Cigarette maker Philip Morris International Inc says its third-quarter net income grew nearly 31 per cent as it sold more cigarettes, particularly in Asia, and raised prices.The seller of Marlboro and..
A roundup of trading on major world markets: NEW YORK - US stocks ended a choppy session mixed Thursday amid scepticism that European leaders will forge a deal on resolving the eurozone debt crisis..
Woodside Petroleum seems to be making progress with its stalled Sunrise project, saying its new chief executive Peter Coleman has held constructive talks with the East Timor government.The planned, mu..
Challenger Ltd sold a record $509 million of retail annuities in the first quarter but will wait before updating its annuities sales and earnings guidance. Retail annuity sales surged 48 per cent f..
Price falls at Coles deepened in the first quarter of fiscal 2012, giving new impetus to the supermarket giant's "Down Down" campaign. Coles recorded a 1.8 per cent fall in food and liquor prices d..
Packaging maker Amcor is looking to accelerate growth by expanding in emerging markets, where it can achieve sales growth of between 10 and 15 per cent without making any new takeovers.Amcor also said..
Oil and gas producer Santos has increased third quarter sales revenue by 27 per cent and maintained full year production guidance.Sales revenue for the three months to September rose to $680 million f..
Leighton Holdings says a downgrade by Standard & Poor's is not a true reflection of the company's credit quality.S&P downgraded the Sydney-based property developer's credit rating from BBB/A-2..
Rio Tinto has offered $C578 million ($A602.75 million) for Canadian junior uranium explorer Hathor Exploration in an all cash deal.Rio Tinto and Hathor have signed a support agreement for the offer, w..
