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Bionic ear-maker Cochlear is undertaking a global recall of the world's thinnest hearing implants after some of the devices stopped working.The Sydney-based company, which dominates the world's bionic..
The Australian share market closed slightly higher, led by consumer staples and telecom stocks, but shed some of its earlier gains as traders took a wait-and-see approach to the US debt crisis.The ben..
A common theme emerging from the national accounts on Wednesday was a chorus of calls to improve Australia's labour productivity performance.That followed reports last week that Reserve Bank of Austra..
The competition watchdog says it will appeal a Federal Court judgment which paved the way for grocery wholesaler Metcash to buy the Franklins supermarket business.The Australian Competition and Consum..
Westpac Banking Corporation has been named the world's best bank for corporate sustainability in 2011/12 by Dow Jones Indexes (DJI) and Swiss investment boutique SAM.Westpac beat 189 other banks in nu..
US President Barack Obama has told Congress he will announce on September 19 a new over-arching plan laying out how he intends to reduce America's ballooning budget deficit. "A week from Monday, I'..
Expanding iron ore miner Atlas Iron says it will issue more than 22 million additional securities. Atlas Iron Ltd said the issue of 22,006,093 million ordinary, fully-paid shares would go ahead in ..
Stocks to watch on the Australian stock exchange on Friday September 9AGO - ATLAS IRON LTD - down four cents at $3.70Atlas Iron Ltd has declared its FerrAus takeover offer unconditional.AIX - AUSTRALI..
US stocks slid on Thursday as traders awaited a key speech by President Barack Obama to Congress on stimulating the economy and job growth.After snapping a three-session slide on Wednesday with a trip..
Australia's banks can easily meet a new official timeframe for introducing new Basel III capital reforms, which will help them access funding in global credit markets.That's the verdict of global rati..
Social networking online provider Facebook doubled its revenues in the first half of 2011 to $US1.6 billion ($A1.5 billion), the Wall Street Journal reported on Thursday.The paper cited what it called..
The Australian share market closed flat after disappointing jobs data prompted a selloff ahead of economic news from China and the US.The benchmark S&P/ASX200 index closed up 4.6 points, or 0.11 per c..
A 10-month high in the jobless rate is not enough to prompt a cut in interest rates, economists say.But that could change if unemployment keeps rising.Official figures show the unemployment rate rose ..
Shares in Cortona Resources shot up after it was given approval to develop what it says is the first major gold mine in NSW in seven years.The NSW Government Planning Assessment Commission has given t..
Domestic airlines still managed to carry more than 55 million passengers in 20l0/11, in a year where floods, ash clouds and other natural disasters severely disrupted air travel.Passenger numbers grew..
The Australian dollar shed more than half a US cent after official data showed the unemployment rate rose to a 10-month high in August.The Australian Bureau of Statistics (ABS) reported on Thursday th..
Investors focusing on companies with high dividends may be vulnerable to buying into false price signals, says Goldman Sachs' head of Australian Equities, Dion Hershan.Mr Hershan says that since April..
A summary of trading in key commodities markets overseas:ENERGYCrude oil prices rallied on Wednesday, buoyed by a rebound in global stock markets and the aftermath of a tropical storm which was still ..
US stocks jumped on Wednesday after a German court ruling helped clear the way for a eurozone bailout plan and the Federal Reserve said the US economy was still growing slowly. The Dow Jones Indust..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON THURSDAY SEPTEMBER 8BGA - BEGA CHEESE LTD - up eight cents at $1.88WES - WESFARMERS LTD - up 92 cents at $30.57Coles announces it has awarded its en..
Aquila Resources has obtained a court injunction to stop a management meeting that would have enabled Brazilian mining giant Vale to acquire the Australian miner's 50 per cent stake a joint coking coa..
Australian shares have gained about $33 billion in value, with the market closing more than two per cent higher to make back some of the losses from the week as positive local economic news helped inv..
Market turbulence during August hit Macquarie Group Ltd's capital markets business, prompting the investment bank to warn its first half profit would be lower on reduced trading volumes.Macquarie also..
Takeover target ConnectEast Group has posted an 11.9 per cent rise in average daily revenue (ADR) for August.The owner and operator of the Eastlink tollway in Melbourne said that ADR for the month wa..
Securities in US-based biotech GI Dynamics Inc fell well below their offer price on their first day of trading on the Australian Securities Exchange (ASX) on Wednesday.GI's CHESS Depositary Interests ..
