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South Australian-based Beach Energy has launched a $94 million take-over offer for Adelaide Energy. Beach Energy already holds 19.95 per cent of Adelaide Energy shares. It has offered 20 cents f..
Greek Prime Minister George Papandreou, a son and grandson of premiers, finally had to make way after an epic struggle for survival in the face of a crippling, humiliating debt crisis. After crunch..
Stocks to watch on the Australian stock exchange Monday, November 7 CKF - COLLINS FOOD LTD - up 0.5 cents at $1.205 KFC restaurant chain owner Collins Foods is hoping for a Shane Warne and crick..
A roundup of trading on major world markets: NEW YORK - US equity markets fell Friday as investors braced for a Greek confidence vote that could oust the prime minister and trigger fresh eurozone d..
German chemicals and pharmaceuticals giant Bayer says it has boosted its cash reserves five-fold to some 3.8 billion euros as insurance against any unexpected downturn in the economy. "We have avai..
The Australian share market ended the week on a high note after Greek Prime Minister George Papandreou said plans to put a European financial rescue plan to a referendum may be abandoned. Global ma..
Copper and gold explorer Sandfire Resources has signed a sales deal with a private Swiss commodity trading company for product from its DeGrussa project in Western Australia. The one-year contract ..
Qantas boss Alan Joyce says he did not discuss the possibility of locking out the airline's workforce with either the federal government or the opposition before he announced the drastic action last w..
There was no direct pointer to the likely path of interest rates in the quarterly monetary policy statement, however it was based on an economic outlook that implied rates would probably fall a bit an..
Rio Tinto chairman Jan Du Plessis says he can't see European leaders coming up with a sustainable solution to the region's financial problems. "It's very hard to see any solution that is truly sust..
Transfield Services has secured $130 million in work with the defence industry.The maintenance and management services company on Friday said it had won a new contract worth $90 million over three yea..
A roundup of trading on major world markets: NEW YORK - US stocks shrugged off more eurozone turmoil to rack up solid gains on Thursday, helped by earnings reports, slightly improved jobs numbers a..
The world's biggest economies will agree to increase the International Monetary Fund's (IMF) resources to help tackle the European debt crisis, officials at the Group of 20 summit said Thursday.Countr..
Stocks to watch on the Australian stock exchange erly on Friday: ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD - down 41 cents at $20.49 ANZ's weak revenue growth, particularly at its Asian ..
Worried you might not have enough put aside for a comfortable retirement? Relax - you may never retire at all. As a new report finds that 78 per cent of Australians won't have enough superannuation..
The Australian share market lost ground for the fourth consecutive day as investor worries about Europe trumped a rebound in the US overnight. The benchmark S&P/ASX200 index closed down 12.7 po..
Retail spending has risen for the third month in a row, giving hope to a sector struggling with a high Australian dollar and consumer caution. Retail spending rose 0.4 per cent in September, as exp..
ANZ's weak revenue growth, particularly at its Asian and financial markets businesses, disappointed investors, even as the bank reported a record $5.36 billion profit.Shares in the bank fell two per c..
Building products maker Boral expects to repeat its second half performance in the first half of financial 2012 after a tough start to the year. Boral's second half net profit in financial 2011 was..
News Corporation president and chief operating officer Chase Carey has backed fellow director James Murdoch despite a strong protest vote against him at last month's annual general meeting. Mr Care..
The Australian dollar has fallen one US cent in morning trade after Greece was warned to make a clear decision on accepting financial help and stay in the eurozone. At 1200 AEDT on Thursday, the Au..
The major banks are focused on improving productivity and cutting costs, as revenues stagnate due to slow credit growth and financial market uncertainty, analysts say.The results reported by three of ..
A roundup of trading on major world markets: NEW YORK - US stocks have rebounded after the Federal Reserve's policymakers kept ultra-low interest rates and said they were prepared to do more if nee..
Stocks on the Australian stock exchange on Thursday, November 3ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD - down 46 cents at $20.90ANZ posts full year results on ThursdaySeparately: ANZ cuts it..
Australian shares posted a third consecutive trading day of losses as optimism evaporated about the eurozone debt deal after Greece's call for a referendum on the plan.The benchmark S&P/ASX200 index c..
