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Virgin Australia has made the departure time of its daily flight to Los Angeles later to allow more passengers to connect without staying overnight in Sydney.The change is part of Virgin Australia's j..
Greece's finance minister has promised to stick with his plan for the country to post a primary surplus in 2012, hours before he was to hold an emergency teleconference with debt inspectors.Evangelos ..
Investors cashed in their Exchenge Traded Funds (ETFs) in August, bucking the solid growth trend that has been in place for the past three years, figures show. Australian investors redeemed about $..
The Australian share market gained almost two per cent as investors remained optimistic European leaders were approaching a resolution of the Eurozone debt crisis.The local bourse opened almost two pe..
Santos has entered into an asset swap deal with the US-based Magellan Petroleum for Northern Territory gas fields.Portland-based Magellan said in a statement it had entered into an agreement with Sant..
Platinum Australia shares fell after production was halted at the miner's flagship Smokey Hills operation in South Africa, amid community dissent. Shares in the Perth-based company were down 2.5 ce..
Rating firm Moody's says it is considering lowering the credit rating on Swiss banking giant UBS after a rogue trader wracked up $US2 billion ($A1.95 billion) in losses. Moody's said its review wil..
Stocks to watch on the Australian stock exchange on Friday:AIO - ASCIANO LTD - up eight cents, or 5.6 per cent, at $1.515Ports and rail operator Asciano says positive cash flow and a strong balance sh..
US stocks got a boost Thursday despite poor domestic economic data after major central banks joined hands to ensure US dollar liquidity to Europe's embattled banks.In positive territory for the fourth..
A move by key central banks to aid Europe's struggling banks gave a solid boost to the euro Thursday.The euro climbed more than one US cent during the day to stand at $US1.3882 at 2100 GMT (0700 Frida..
Embattled Bluescope Steel has again hit back at criticism for paying $3 million in cash bonuses to executives, which were partly a reward for restructuring that led to the sacking of 1,000 workers.The..
The chief executive of bionic ear-maker Cochlear received a pay rise of nearly 17 per cent in 2011, similar to the rise in the company's full year profit.The company's 2011 report showed that Chris Ro..
Australian shares rose 1.5 per cent as investors clung to comments from French and German leaders that Greece's future was "in the eurozone" after talks with the debt-ridden country were held.However,..
Myer expects its annual profit to fall by up to 10 per cent in the current fiscal year as the department store operator endures the worst retailing environment in 30 years.Myer reported a net profit o..
Thousands of workers at Freeport-McMoran's gold and copper mine in eastern Indonesia have begun a month-long strike over a wage dispute.Union spokesman Juli Parorongan said roughly 90 per cent of the ..
Facebook plans to wait until late next year before going public, the Financial Times (FT) reported on Wednesday.The newspaper, citing people close to the company, said Facebook co-founder Mark Zuckerb..
One of the big four banks expects the Reserve Bank of Australia (RBA) to raise interest rates six months later than previously expected, after changes were made to a key measure of inflation.National ..
France and Germany say they are convinced that debt-ridden Greece's future lies in the eurozone, as Athens vowed to stick to the harsh austerity measures required to get an EU bailout.The statements c..
The Australian share market opened more than one per cent higher after a rally on European and US markets, as investors clung to positive comments from French and German leaders about the eurozone deb..
Stocks to watch on the Australian stock exchange on Thursday:APN - APN NEWS & MEDIA LTD - down two cents, or 2.3 per cent, at 85 centsFXJ - FAIRFAX MEDIA LTD - down three cents, or 3.75 per cent, ..
Sales of new motor vehicles in Australia rose 3.3 per cent in August, official data shows.The Australian Bureau of Statistics (ABS) said on Thursday that new vehicle sales rose to 87,935 units in Augu..
The Australian share market closed more than one per cent lower, with broad-based losses across almost all sectors on speculation China was unlikely to inject capital into debt-ridden European economi..
Moody's ratings agency says it has downgraded by one notch top French banks Societe Generale and Credit Agricole while leaving BNP Paribas on negative watch. Credit Agricole's rating slid from Aa1 ..
Consumer confidence rebounded strongly in September, as a recovery in economic growth and fading expectations of an interest rate hike reassured households.After falling to its lowest level in more th..
Volatile equity markets and funds outflows drove a 4.7 per cent decline in Perpetual Ltd's funds under management (FUM) during August.The wealth manager and trustee on Wednesday said FUM fell to $24.2..
