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Shoppers are in the box seat as Coles vows to entrench itself in the supermarket price wars for the long-term. Despite a tough retail environment and widespread price falls, Coles outperformed riva..
The National Rugby League (NRL) and Australian Football League (AFL) will continue their fight to protect a multi-million-dollar TV rights deal, despite losing a court battle to prevent Optus broadcas..
Australian manufacturing activity expanded in January for a second consecutive month, a private survey shows. The largest gains were in the food and beverages sub-sector. The Australian Industry..
Successive interest rate cuts failed to halt a decline in new home sales in December, a survey shows. The Housing Industry Association (HIA) on Wednesday said new homes sales fell 4.9 per cent in D..
Building materials maker Boral has sold its Indonesian business for $US135 million ($A127.87 million) and confirmed its previous expectations for its half-year profit. Boral has been looking to off..
It's the best start for US stocks in 15 years. In what was mostly a slow and steady climb, the Dow Jones industrial average rose 3.4 per cent in January and the Standard & Poor's 500 gained 4.4..
Qantas says it is in a strong financial position despite having its credit rating downgraded by Moody's ratings agency. Moody's on Tuesday lowered its long-term senior unsecured rating on Qantas fr..
A roundup of trading on major world markets: NEW YORK - US stock markets closed slightly lower overnight after the country's manufacturing statistics and home price data came in worse than expected..
Stocks to watch on the Australian stock exchange early on Wednesday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - up 0.5 cents at $1.39 Beef producer Australian Agricultural Company Ltd (AACo) ha..
Greece has all but concluded a crucial deal to write-off half its privately held debt and is now working on new austerity measures needed to secure continued bailout loans, Finance Minister Evangelos ..
Australian shares gave up earlier gains to end lower as renewed investor concerns about the European debt crisis took the steam out of a retailer-driven rally. CMC Markets sales trader Ben Taylor s..
Heavy discounting and a cooler summer have taken its toll on supermarket giant Woolworths, with a big slowdown in sales growth from its key supermarket division. Sales growth for the division, afte..
A strong performance in North America has led kitchen appliance maker and distributor Breville Group to increase its earnings forecasts. Shares in Breville were boosted by the positive trading upda..
Education provider Navitas expects second-half earnings to be weaker amid uncertainty over student visa rules. Navitas on Tuesday reported a net profit of $35.4 million for the six months to Decemb..
Australia's largest cattle producer, Australian Agricultural Company Ltd (AACo), exported more live cattle during 2011 despite the Australian government's temporary ban on live exports to Indonesia. ..
Telstra has won a contract to build Western Australia's regional mobile communication project. The telco and the WA government said the contract was for 113 new mobile sites to increase coverage to..
Australian capital city home prices fell by half a per cent in the December quarter, according to a private sector index. The RP Data-Rismark Home Value Index found prices fell by 0.2 per cent acro..
Mining magnate Clive Palmer's China First company is launching an $8 billion lawsuit against rail operator QR National for competing with his plans to build a 500km rail link to carry coal. Mr Palm..
EU leaders have closed one chapter in the debt crisis with a German-driven treaty meant to end deficits - then launched a race to resolve Greece's bailout woes. European Union president Herman Van ..
US stocks clawed back from early losses on Monday, showing resiliency despite Greece's stalled bid to obtain a crucial debt writedown from private creditors to avoid default. Pulling back from open..
Australian shares ended lower as investors took profits ahead of the February profit reporting season. Weaker consumer staples and bank stocks helped to pull the bourse back from earlier slight gai..
Manufacturer OneSteel will receive $64 million to help it prepare for the introduction of federal government's carbon tax in July. Climate Change Minister Greg Combet on Monday announced the advanc..
Victoria exported a record $8.07 billion in food and fibre products in 2010-11, and a similar result is expected this financial year. Exports jumped by $1.3 billion despite the high Australian doll..
Engineering firm Monadelphous Group has won about $180 million worth of contracts in Western Australia for infrastructure work on behalf of global miner Rio Tinto and US-based energy major Chevron. ..
Australia's big four banks are at risk of their credit ratings begin downgraded due to their dependence on international debt markets for funding, a credit ratings agency says. Australia and New Ze..
