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As it so often happens, the latest jobs figures have something for everyone, from the doomsayers through to the equivocators and on to the rose-tinted glasses brigade. If you think the economy is g..
Telstra chief executive David Thodey says the National Broadband Network will help, not harm, the prospects for the Foxtel pay TV service."The critical thing for Foxtel is to get access to more homes ..
Honda says it will spend $US215 million ($A240.06 million) to expand an engine plant and build two training centres in Ohio.The investment will add about 60 jobs in the state, although 50 of them will..
US stocks on Wednesday retreated for the third straight session on another quiet news day that left investors searching for direction. The Dow Jones Industrial Average dropped 48.07 (0.31 per cent)..
Australian shares have taken their heaviest fall in seven weeks, as healthy housing finance figures may have convinced investors the latest interest rate cut could be the last.Shares also followed the..
Rupert Murdoch's 21st Century Fox, formerly known as News Corp, has reported a boost in profit, but warns the cost of launching its US TV sports networks and currency effects will impact the year ahea..
US stocks ended lower on Tuesday as more data and comments from Federal Reserve officials pointed to the likely pullback in Fed stimulus in the coming months. At the close the Dow Jones Industrial ..
Rupert Murdoch's 21st Century Fox, formerly known as News Corp, has boosted its annual profit but warns the cost of launching its US TV sports networks and currency effects will impact the year ahead...
The Australian dollar is higher despite the Reserve Bank of Australia cutting the cash rate to a an all-time low. At 1700 AEST the local unit was trading at 89.81 US cents, up from 89.09 cents on M..
An interest rate cut has failed to lift the Australian share market into positive territory. Shares fell in morning trade ahead of the Reserve Bank of Australia's rates decision, following falls on..
After vindicating expectations of an interest rate cut on Tuesday, the Reserve Bank of Australia isn't showing much enthusiasm for another. The door remains open but, in announcing the cash rate wo..
The Australian dollar rose by more than a quarter of a US cent after the central bank cut the cash rate to a new record low of 2.5 per cent at its board meeting on Tuesday. The Reserve Bank of Aust..
The employment outlook is getting bleaker, but continued strong net exports should keep the Australian economy from getting into too much trouble. Australia posted its fifth consecutive monthly tra..
SAN FRANCISCO Aug 6 AFP - Fears of dangerous electric shocks caused by unsanctioned chargers for Apple gadgets has prompted the company to announce a trade-in program. From August 16, people with c..
Hearing implant maker Cochlear says its "game-changing" Nucleus 6 device will be the big driver behind its 2014 financial results.The company says rollout of the device, which it describes as the most..
Engineering company Downer EDI aims to keep its profit steady this financial year as it tries to navigate through the slowdown in the mining sector. Downer EDI made a net profit of $204 million in ..
NEW YORK CITY Aug 5 AFP - The dollar has edged higher against the euro after a better-than-expected report on the US services sector. Near 2200 GMT on Monday (0800 Tuesday AEST) the euro bought $1...
US stocks opened lower on Tuesday in the face of fresh data showing an improving US trade balance - seen as more evidence that the Federal Reserve's stimulus could be pulled back in the coming months...
Cautious consumers have left retail spending flat in June. Australian retail spending was $21.819 billion in June, almost unchanged from $21.814 billion in May, the Australian Bureau of Statistics ..
The Australian share market has posted a slight fall, ending two weeks of gains by the market's largest companies. The weaker day was linked to data out of the United States on Friday that showed l..
The Australian share market is trading slightly lower as investors take stock after recent gains and wait on Tuesday's cash rate decision. The local market was fairly directionless ahead of the Res..
Despite the strong rise on the share market over the past year, expectations for the forthcoming company reporting season are decidedly flat. After a 2012/13 financial year that featured a slowdown..
Argo Investments expects Australian companies to post only modest growth in the year ahead as the nation's economy slows.As it reported a 4.6 per cent rise in full year net profit to $175 million, the..
Airline Virgin Australia expects to book an annual loss of $95 million to $110 million, blaming the difficult economy, competition, restructuring costs and the carbon tax.Virgin Australia also took lo..
Internet provider iiNet will pay $60 million to purchase South Australian-based Adam Internet. The purchase will add about 70,000 new broadband subscribers to iiNet's books. Adelaide-based Adam ..
