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Woolworths has lifted its quarterly sales by 2.5 per cent to $14.4 billion despite challenging retail conditions.Its core Australian food and liquor operations, which includes the Woolworths supermark..
US stocks powered to new record highs on Wednesday after Federal Reserve meeting minutes suggested the Fed's easy-money policies would remain in place for a while longer. The Dow Jones Industrial A..
The Australian share market has closed slightly weaker as investors sold off defensive and high yielding financial stocks after a couple of days of gains. CommSec market analyst Steve Daghlian desc..
India's Adani is confident of providing an extra 10 million tonnes a year of coal capacity for virtually no cost at Queensland's Abbott Point coal port to douse worries about infrastructure bottleneck..
Leighton Holdings fears the early loss of a mining contract at BHP Billiton's Peak Downs coking coal mine will cost it up to $260 million. Leighton announced on Wednesday that the BHP Billiton Mits..
Stocks to watch on the Australian stock exchange at noon on Wednesday: BBG - BILLABONG - down 19 cents, or 26 per cent, to 54 cents Shares in troubled surfwear retailer Billabong have dived to r..
Energy company Santos believes it will win community support for coal seam gas in NSW with a plan to supply a quarter of the state's gas needs from new wells in the remote Pilliga state forest.Santos ..
British entrepreneur Sir Richard Branson is selling his Virgin Money financial services business in Australia to Bank of Queensland in a $40 million deal.Under the deal, the bank will have exclusive u..
The RBA is painting a positive outlook for Australia's economy, despite the end of the mining investment boom nearing and the high dollar weighing on growth. RBA assistant governor of economics Dr ..
The water drained from Billabong as the surfwear retailer's shares plummeted on the back of a cut-price $287 million takeover proposal.Billabong's shares plunged nearly 30 per cent, hitting record low..
The Dow Jones Industrial Average shook off early weakness on Tuesday and pressed through to another record close, led by strong gains in tech shares Microsoft and Intel. The Dow rose 59.98 points (..
The Australian share market enjoyed a bumper day, closing almost one and a half per cent higher on positive overseas leads. Lower than expected inflation in China in March appears to have convinced..
Rex Minerals hopes to start work on developing what it says is Australia's largest unexploited copper project, from next year. The mining hopeful has asked the South Australian government for appro..
Shares in Australia's Alumina have leapt up after its joint venture partner Alcoa signalled that the aluminium industry had turned around, with a jump in profit. The US aluminium giant Alcoa report..
Long-suffering Sundance shareholders have had their investments halved following the collapse of a $1.3 billion takeover deal with China's Hanlong Mining. Analysts wonder whether the Africa-focused..
New Ten Network chief executive Hamish McLennan is tired of promiscuous young TV viewers and is seeking a relationship with older, hopefully more faithful folk. Less than a month into his new job, ..
Troubled surfwear retailer Billabong appears closer to being taken over but at a significantly lower price than previously offered. Billabong said on Tuesday that a consortium headed by its former ..
The company charged with building the national broadband network will adjust to any changes the federal opposition makes to the project if it wins the September election. Opposition Leader Tony Abb..
Stocks to watch on the Australian stock exchange at noon on Tuesday: TEN - TEN NETWORK HOLDINGS - up one cent, or 3.4 per cent, at 30.5 cents Ten has posted a $243.3 million first half loss, its..
Michael Hill International, the jewellery chain that bears its founder's name, said sales in the first nine months of the year rose 8.8 per cent on revenue gains in its biggest markets of Australia an..
Ten Network Holdings has posted a $243.3 million first half loss, its results dragged down by one-off redundancy, termination and impairment costs. The network's loss was hit by $304 million in cos..
US stocks took their cue from international markets on Tuesday and moved higher following news of slowing inflation in China.Five minutes into trade, the Dow Jones Industrial Average rose 27.26 (0.19 ..
Australian stocks finished mildly higher as investors took their cues from Japan, amid renewed interest in local mining stocks. The Tokyo market surged by as much as 3.5 per cent during their tradi..
Vodafone Australia chief executive Bill Morrow is building a leaner, more focused carrier in a bid to make his network Australia's most trusted mobile service by the end of this year. Mr Morrow sai..
Chemical firm Orica says former oil and gas head Russell Caplan has been elected company chairman to take over from Peter Duncan next year. Mr Caplan is a director of Aurizon, chairman of the Melbo..
