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OneSteel says not looking to grow its steel business

OneSteel says its steel business has waxed and waned but is still a good generator of cash.

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Growth fears hit US stocks

US stocks have closed out a miserable week with steep losses amid worries about growth in the United States, China and Europe.

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Aussie stocks close up 1%

The domestic bourse closed firmly in the green, up one per cent, after US stocks jumped and commodity prices firmed overnight.

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IAG expands in Malaysia

Insurance Australia Group's Malaysian joint venture will become Malaysia's largest general insurer with a $480 million acquisition.

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Qantas chief backs calls for a second airport in Sydney

The chief executive of Qantas Alan Joyce says the airline supports a second Sydney airport being built.

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Transurban’s quarterly toll revenue increases by 5.1%

Transurban says toll increases on some of its motorways helped boost revenue in the first quarter of 2012 to $230.6 million.

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