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Fortescue lodges mining tax challenge with the High Court

Fortescue Metals is challenging the government's mining tax in the High Court, just over a week before it is due to be introduced.

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Dow falls over 250 points on global growth concerns

Wall Street closes sharply lower, down two per cent, after the Fed slashes the US's growth forecast and disappointing China and European economic data.

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Downer EDI to build trains for Fortescue

Engineering firm Downer EDI will build 19 locomotives for iron ore miner Fortescue Metals Group under a new $73 million contract.

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Stocks to watch early on Friday

Stocks of interest on the Australian Securities Exchange on Friday

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APN moves into the online retail sphere

Regional publisher APN News & Media says it has paid $36 million for an 82 per cent stake in shopping club website brandsExclusive.

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Banks charged $4 billion in fees in 2010/11: RBA says

Bank fees charged to households fell by $300 million to $4 billion in 2010/11, an RBA survey shows.

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