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The Australian share market has closed higher as global markets rallied on the back of encouraging US factory production figures and relief that sanctions imposed on Russia after the Crimea vote were ..
Mining giant BHP Billiton has committed almost $10 million to help farmers in Mozambique. BHP pledged $US8.8 million ($A9.72 million) over five years to a new agricultural initiative to benefit sma..
The Reserve Bank is more optimistic about the economy, meaning a likely end to its interest rate cuts. In the minutes of its March board meeting, the RBA reiterated its stance that the cash rate wi..
Retailer David Jones will undertake a thorough assessment of a merger proposal put by rival Myer. David Jones has appointed consultants to help it review the proposal, and identify any benefits for..
Agricultural chemicals and seeds supplier Nufarm will cut 105 jobs as part of a cost cutting restructure of its Australian operations. Nufarm expects the restructure will save up to $13 million a y..
US stocks have bolted higher, brushing off geopolitical concerns after a controversial vote by Crimea to secede from Ukraine and join Russia. The Dow Jones Industrial Average jumped 181.55 (1.13 pe..
The sharemarket is slightly lower as investors monitor the situation in Crimea following a controversial referendum. Crimea has voted to join Russia in a referendum rejected by the US and the Europ..
Property and infrastructure group Lend Lease and its partner, French construction firm Bouygues Construction, have been appointed the preferred tenderer to build the $3 billion NorthConnex Motorway in..
Leighton Holdings shares have fallen sharply as investors worry about the construction giant's future profits, lower dividends and more than $5 billion in unpaid bills. Retail and institutional inv..
The Australian market looks set to open lower following falls on Wall Street as tensions between the US and Europe and Russia continued with Crimea expected to vote to break from Ukraine. At 0645 A..
US stocks closed modestly lower as the United States and Europe appeared headed for collision with Russia over Crimea's plan to vote on splitting from Ukraine on Sunday. The Dow Jones Industrial Av..
The sharemarket has suffered it largest one day fall in almost six weeks due to disappointing Chinese economic figures and increasing tension over Ukraine's Crimea region. IG market strategist Stan..
ANZ is keeping its home loan interest rates on hold for another month. The bank's standard variable rate remains at 5.88 per cent per annum, after the Reserve Bank of Australia left the cash rate a..
US stocks fell sharply as weak Chinese economic data and rising tensions in Ukraine offset solid US retail sales and labour-market data. The Dow Jones Industrial Average tumbled 231.19 points (1.41..
Qantas chief executive Alan Joyce says he is trying to avoid impacts on workers as the airline proceeds with a turnaround plan that includes cutting 5000 jobs. The target, part of a $2 billion cost..
A union official says Qantas workers are earning $200 less than the weekly minimum wage because they are only offered part-time work. Transport Workers Union national secretary Tony Sheldon told a ..
Leighton chairman Robert Humphris was clearly uncomfortable in announcing respected chief executive Hamish Tyrwhitt had been forced out of his job. "I find it gut-wrenching. I've been in tears toda..
Mining stocks have pushed the sharemarket higher, after heavy falls in iron ore prices came to an end. Encouraging news on the local jobs market, with jobs growing by more than 47,000 in February, ..
Pilbara miner Atlas Iron says the iron ore price would need to fall significantly before it affects the company's profitability. Chairman David Flanagan said recent analyst notes on Atlas showing b..
Origin Energy has suspended drilling at 12 rig sites in south east Queensland as it investigates an asbestos contamination incident. Origin says the suspension of drilling at its Australian Pacific..
The managing director of discount retailer The Reject Shop has resigned after more than four years in the role. Chris Bryce will leave the company at the end of June, and said on Thursday it was ti..
The board of construction and contract mining group Leighton has supported an improved offer from its majority shareholder Hochtief for a greater stake in the company. Leighton has also axed chief ..
US stocks finished mixed as cautious investors kept an eye on the Ukraine crisis and awaited more information on the direction of the economy. The Dow Jones Industrial Average lost 11.17 points (0...
Weakness amongst the major banks has pulled the sharemarket lower, despite some mining stocks bouncing back from recent losses. Invast Securities chief market analyst Peter Esho said resources stoc..
Australia's largest gas project Gorgon is almost 80 per cent complete, with two thirds of the gas already committed to buyers. In an investor update Chevron, the lead operator of the joint venture ..
