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US, European stocks closed the week lower on euro fears

News from the world’s major stock markets

Full Article

Bayer boost cash reserves

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.

Full Article

Aussie stocks close higher

Australian stocks have closed about 2.5% higher after Greece's prime minister said he may scrap a planned referendum on the nation's bailout deal.

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Sandfire Resources signs its first copper, gold sales deal

A Swiss firm has agreed to buy half of the direct shipping ore from Sandfire Resources' DeGrussa copper and gold project in WA.

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Qantas told no one of its lockout plans, says Joyce

Alan Joyce says he didn't discuss the possibility of locking out the airline's workforce with either the Gillard government or the opposition.

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RBA’s economic forecast ups chance of interest rate cuts

The RBA's quarterly monetary policy statement does not explicitly point to the way for interest rates, but its forecasts imply the chance of further cuts.

Full Article

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