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Blood products and vaccines maker CSL says currency fluctuations are making it difficult to give precise guidance on expected net profit for the 2012 financial year.CSL affirmed its expectation of a 1..
Virgin Australia is working with partner airlines Etihad Airways and Air New Zealand to add more seats in the domestic market.The airline says the move is to help minimise the impact on the tourism an..
The Reserve Bank of Australia is optimistic about the stability of the Australian banking system, despite recent worries about the European banks and government debt problems.RBA assistant governor (f..
Australia's largest gold miner Newcrest Mining insists it can still meet its production targets despite a 16 per cent drop in gold production and cost blow-outs.Shares in the miner slumped to an almos..
Global miner Rio Tinto says it has committed an additional $US1.3 billion ($A1.2 billion) to the development of the huge Simandou iron ore field project in Guinea. "Rio Tinto is accelerating the de..
Online travel agency Webjet says its pre-tax first quarter profit is up 23 per cent on the same period last year, and still expects 10 per cent growth in its annual profit. Webjet on Wednesday said..
Australian bond traders have reacted cautiously to media reports that France and Germany have agreed to boost Europe's rescue fund. Global stocks and currency markets rallied early on Monday mornin..
A roundup of trading on major world markets: NEW YORK - US stocks rallied Tuesday after a British newspaper reported that France and Germany were ready to sharply boost the eurozone's rescue fund i..
Australian shares closed sharply lower with local resources stocks hit hard, amid renewed pessimism over Europe's ability to manage its debt crisis.Concern about weaker than expected Chinese growth fi..
Telstra's participation in the national broadband network (NBN) moved a big step forward when shareholders said yes to the telco giant's deal with the federal government. Overwhelming shareholder a..
Qantas will ground another two aircraft and cancel a further 80 domestic flights over the next month, in response to ongoing industrial action by its engineers. Qantas said on Tuesday that two Boei..
Leaky seals are being blamed for causing Cochlear's latest bionic ear device to break down and spark a massive recall which could cost the company up to $150 million.Cochlear stunned shareholders and ..
Woolworths plans to raise $500 million through a note issue.Woolworths on Tuesday lodged a prospectus with the Australian Securities and Investments Commission (ASIC) for the offer of dated, unsecured..
Interest rates are expected to stay on-hold for the rest of the year after the central bank confirmed inflation was easing. The minutes of the Reserve Bank of Australia's (RBA) October 4 board meet..
A roundup of trading on major world markets:NEW YORK - US equity markets sank Monday after a three-week rally after a meeting of G20 finance chiefs failed to boost confidence that a solution to the eu..
BHP Billiton's iron ore and petroleum divisions are expected to be standouts in the mining giant's September quarter production report on Wednesday. Analysts at investment bank UBS expect BHP Billi..
Stocks to watch on the Australian stock exchange on Tuesday October 18 ANN - ANSELL LTD - down one cent at $13.86 Gloves and condoms maker Ansell has reported mixed cost pressures on its raw mat..
Berlin has dampened expectations that an upcoming EU summit will finally force the debt crisis genie back into its bottle, amid warnings that market instability is damaging the real economy. Financ..
Miner Fortescue Metals Group is undeterred by an expected continuation of softer iron ore prices as it eyes long-term output expansion. The Platts iron ore index, on which the company's sales contr..
Super Retail Group plans to open more than 50 new stores and expand into the leisure retail market after agreeing to buy sports goods retailer Rebel Group from private equity firm Archer Capital for $..
The Australian share market closed firmly in the black after a positive US lead, with materials and bank stocks leading the charge.The benchmark S&P/ASX200 index was up 69.8 points, or 1.66 per ce..
Perpetual Ltd returned $70 million to shareholders after completing an off-market share buy-back. The wealth manager and trustee on Monday said it had purchased 3.35 million shares, or 7.5 per cent..
Total personal finance commitments rose 2.2 per cent in August, seasonally adjusted, to $7.199 billion, up from $7.043 billion in July, the Australian Bureau of Statistics (ABS) said on Monday.Total c..
Energy Resources of Australia has raised $380 million from institutional investors in a new share sale to extend its Ranger uranium mine. ERA, in which Rio Tinto commands a majority stake, said it ..
Sales of new motor vehicles in Australia fell 1.5 per cent in September, official data shows.The Australian Bureau of Statistics (ABS) said on Monday that new vehicle sales fell to 86,872 units in Sep..
