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GM to invest $US1.3b in factories

General Motors is to pump $US1.3 billion into five of its factories, which it says will keep or create 1000 positions.

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Third major beer player makes its debut

Coca Cola Amatil hopes its new offering of local and imported beers will snare 20 per cent of the Australian premium beer market.

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US stocks rise

US stocks have jumped following a strong report on US industrial output.

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Australian share market closes lower

The Australian share market has closed slightly lower as investors remain cautious ahead of a US Federal Reserve meeting later this week.

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Petrol prices set to rise before Christmas

A lower Australian dollar and higher Singapore gasoline prices mean motorists will face higher petrol prices over Christmas.

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Wesfarmers sells underwriting operations

Wesfarmers is selling its insurance underwriting business because it says the operations are not making enough money.

Full Article

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