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US stocks surge on upbeat jobs report

At the closing bell on Friday, the Dow Jones Industrial Average had powered up 1.25 per cent.

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Australian shares close lower

The Australian share market made heavy losses by the close

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Cuts to Pacific tuna fishing likely

A deal appears close between conservationists and the fishing industry on cutbacks to tuna fishing in the Pacific.

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Analysts tip positive start for Nine share

A low list price means Nine Entertainment Company shares will likely start trading on a positive note, analysts say.

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Govt should back Virgin: Borghetti

Virgin Australia's CEO says it should get the same level of government support if any is offered to national carrier Qantas.

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Joyce says he has Qantas board backing

Qantas boss Alan Joyce says he has the backing of the Qantas board despite flagging a massive first half loss and presiding over a tumultuous period

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